FRC
First Republic Bank
stock NYSE

>unemployment is creeping up
>IMF/CBO/FRC person said a thing
>crisis crisis crisis
Here's the bottom line, consumer spending is still very good. Apple literally shattered record sales this year with no signs of slowing down. Netflix broke record subscriptions and revenue this past quarter...
I don't know where you're getting your news from, but by several reliable metrics people are still buying luxuries and leisure and that includes the bottom 50%. How long have we had a Healthcare crisis for? Because in 2009 Obama was saying the same thing. The bottom line is that Healthcare is more accessible today than it was 15 years ago. Unemployment numbers are poor but they are not catastrophic. They're well within cyclical margins. We have a boom and bust economy this is how these things have worked for 100 years. Food has literally gotten more accessible and healthier in the past 5 years. Just because eggs are twice as much is not a fucking crisis. A famine is a crisis. When leading causes of death are hunger thats a crisis. Homelessness overall has declined nationwide or stayed the same.
And while many of these are valid civic concerns they have absolutely nothing to with the stock market. So you're a fool for thinking otherwise.

>unemployment is creeping up
>IMF/CBO/FRC person said a thing
>crisis crisis crisis
Here's the bottom line, consumer spending is still very good. Apple literally shattered record sales this year with no signs of slowing down. Netflix broke record subscriptions and revenue this past quarter...
I don't know where you're getting your news from, but by several reliable metrics people are still buying luxuries and leisure and that includes the bottom 50%. How long have we had a Healthcare crisis for? Because in 2009 Obama was saying the same thing. The bottom line is that Healthcare is more accessible today than it was 15 years ago. Unemployment numbers are poor but they are not catastrophic. They're well within cyclical margins. We have a boom and bust economy this is how these things have worked for 100 years. Food has literally gotten more accessible and healthier in the past 5 years. Just because eggs are twice as much is not a fucking crisis. A famine is a crisis. When leading causes of death are hunger thats a crisis. Homelessness overall has declined nationwide or stayed the same.
And while many of these are valid civic concerns they have absolutely nothing to with the stock market. So you're a fool for thinking otherwise.