The comments come shortly after Biden outlined the details of a $1.9 trillion rescue package designed to support households and businesses through the coronavirus pandemic.
The comments come shortly after Biden outlined the details of a $1.9 trillion rescue package designed to support households and businesses through the coronavirus pandemic. If passed by the new Democratic-controlled Congress, the "American Rescue Plan" includes $1 trillion in direct relief for households, $415 billion to tackle the virus and roughly $440 billion for small businesses.
"We still don't know the dynamics as to how fast and swiftly we come through this. We also don't know what global growth will look like in the future years, too.", the S&P 500 fell 86% in less than three years and did not pass to its previous peak until 1954. "The market is trying to figure out which narrative that they should go with. And for the past nine months, almost in a straight line, it's been up in terms of equity markets," Neuhauser said.
ryanfeller_ Alternate headline “Random man has opinion”
And where was this prediction during the Republican off the chart spending? More lies
Typical propagandists
🤣🤣 man foh Trump has spend us into oblivion
so,. go look up the1929 crash ,,make that call for yourselves ..
Although I don’t agree with Biden, we have to stop comparing events from hundred years ago to today’s . It is totally different lives and circumstances and a totally different planet 🌏
Maybe, but no if he raises taxes on people like him!!!
Clone Biden’s plan is to destroy America before he completely malfunctions
...you need to invest in corporate tax cuts and tax benefits for investors! - every hedge fund manager
Great..keep buying Bitcoin and Gold
Blah blah
amtvmedia Unless they shut off the money printers this market will only go up
the capitalists are nervous we'll come for their bank accounts
Roaring 20s will be electric ⚡️ 🦁
I believe there were a few other events that took place before the 1929 crash that made this happen. And people going back to work should never be a negative
1929? Shit it's more like 1932 and we're mid depression with no help in sight.
Basic macroeconomics... one word... INFLATION
amtvmedia Readings noobs reacting to this is comical.
amtvmedia Wow digitalassetbuy
Biden --- Making America Terrible Again
No one thought this until dude told us to ‘don’t look down’ pinkelephant
It will still trickle down to billionaires and corporations. People will spend money to benefit billionaires' companies. Why don't you cut taxes and reduce prices on health insurance, lower the price of medicines and lower school tuitions.
Biden’s plan is literally the same size as the yearly Trump corporate tax cut.
Tons of money to be made on the way down; $SPY; And most people have very little to lose anyway, relative to the billionaires.
No shit. More likely it will be the flight to safety
$250,000 given by King Hosni Mubarak started off their careers to Washington DC. Total $47.5M.
What is the perfect solution then? People are out of jobs, no food on the table. The people who have extra cash can afford making money on the wall street. What about the one who is less fortunate?
What a stupid take.
🙄 Rich person says plans to help regular people bad... Haven't we heard this crap enough already? The government is behind the rest of the world in developing a recovery plan. I'm tired of piss poor governance coming at the behest of rich folks.
DUH!!
Interesting how we haven’t heard from him about the last 4 years record deficit spending 🤔
Stop! ✋
Well than stop giving money to other countries and big businesses when are own country people are in need. It’s that simple. Taking hard working tax’s payers money waisting it on bullshyt and not getting nothing in return.
Worst take of the week
So.....what the manager is saying is that there aren't any tax breaks for his business
That's good. After the roaring 20s the market will be way overbought. Just wait for that nice great depression pull back and buy tesla at $20/share
Mm no it won’t
That’s not Biden, it’s trump. Trump will set America back in the Depression days
The people( most of ) who supported previous govt R threat to the fundamentals of constitution which gives more scope to the people who R opposing the present govt R part& parcel of previous reminiscent in previous govt..
CNBC you are now band for life on twitter for that negative tweet. LOL
Wanna bet? 😂
Hedge fund managers? Really? The people who capitalize on others misfortune and vulnerability? We're actually going to give them attention? NO
Good actually
F*ck hedge fund managers
Hey, how did we get ourselves out of that depression? Yup. You guessed it. We borrowed money and got it into the hands of the people so it could move through the system.
While it’s ok to load up debts and print money like we have never seen before
Clearly the forthcoming massive new Dem corporate taxes plus mountains of corporate regulations will slam US 🇺🇸 markets and mom and pop investors. TWTR and FB have seen $51 billion of combined market value wiped out as proof as how quickly asset prices reset❗️
Nonsense! MMT
Gotta PUMP IT UP! As much as you can...
The economy is in tatters and the stock market is soaring... tells you all you need to know about the fear mongering rhetoric from executives like this.
Can’t buy low unless you cause a little panic first.
BenBSP Where do you find these bums?
The hedge fund manager needs to start smelling what they're shoveling, I mean honestly 🤨.
Where in the hell has this guy been the last 4 years? The market is artificial as hell. It is being propped up by the Fed.
Trump’s spending plans didn’t? But Biden’s will? Confirmation bias written all over this one
Trump supporters.. I guess
you know what could cause a market crash? Widespread unemployment and income inequality
Hedge fund manager is full of it.
The rich will rather implode the economy than share their wealth on principle alone.
No way, the opposit will happen, confidence will settle and last.
How many hedge fund managers beat the S&P500? Why are we listening to him?
You mean like what trump did?
Hmm that's somehow obvious for everyone except the Dems lol
Plenty of idiots on Wall Street
Hedge fund managers are all for themselves . They don’t care about the rest of American people
Good - love to load up on cheap stocks
But it was alright for Donald Trump to increase the National Debt by about 7 Trillion Dollars.
Stop it.
After 9 years of roaring 20s. I’ll take it.
The markets have been artificialy inflated by stock buybacks. The crash is coming. It has nothing to do with biden.
'Hedge Fund manager says' , yes exactly they want this to happen, they are trying to short the market, making enough people scared so that it will happen.....
Yeah, THAT'S what caused the 1929 crash 🙄
Who else wants to make these type of people irrelevant? Like who gives af what these people say and do for a living? eattherich
One small hedgefund guy gets a whole article. hmm. Here we go again with the the deficit, that was of little concern for 4 YEARS!
It’s not likely to happen. Leading up to the 1929 crash, banks were loaning money to people to buy stocks for several years similar to the events that led to the housing crisis. When shoe shine boys started getting into the market, that’s when the market became over bought.
Better spending more than less.
another example of how Money Slavery negatively effect our ErF and peeple brains ... 77 (fear of a fake market burning down)
$8 Trillion has been added to the national debt in 4 years, Every year of the last four years we broke the record for deficit spending.. and additional $8 trillion has been pumped into the stock market since may 2020.. But sure... Biden's spending plan is going to crash us..
STOOOOOOOP IT!
A threat to his hedge fund ? How was his fund performance ? Would you share ?
What's new? Been printing like this for years.
Annnd it starts. They keep silent when the GOP President runs the economy into the ground to cut their taxes, and to cut workers rights and safety measures and essential environmental protections... but once the Democrat comes in, we can't AFFORD anything...
ProfitMaker_X Hedge funds just don’t want to have less control on the market, too many new retail buyers making them work harder to manipulate
Beware of people who ignore the dangers of drawing false equivalencies.
The planned crash is coming,debt reset, digital currency,ubi,a end to private property,enjoy communism!
They are wrong. Like always.
Transparently self serving garbage with no rational basis whatsoever
Since 2009 there are people who predict a crash like 1929... they missed +400% or so since then. Let them suffer another decade
Firmly Agree - Hammerin' Hank will pile drive us into Depression - just watch, linoleum floor here I come ...
I’m sure Mr Neuhauser angst comes from a tax hike he and his client won’t like.
Really?! Then what the hell do we do? Let everyone go to Hell if they don’t have a job or whatnot due to coronavirus? But i have a 401k through my job. Even as a little guy the Stock Market is not my enemy.
The market is so disconnected from the broader economy, that I really hope this comes to pass.
🤦♂️
Well I think we want Sen Warren and Sen Sanders to assist w some funding suggestions :)
We were promised...
1920’s market compare to today’s market is big difference. 1920’s 🇺🇸 and 2021 🇺🇸 Is different history do repeat it selves but this is clearly not going to be
You lost me at 'Hedge Fund Manager'
Absolute bullsh*t scare tactic. Hedges on irresponsible reporting.
The St. Louis Fed released a well timed “Monetary Policy” report dating back to the 20s yesterday. I disagree with fiscal causing markets to crash, we’re in a bubble now. Remove Fed intervention and the SPX = 2000 UI = 25-30% BKs unthinkable levels. Hence, Fed remains King
Just buy bitcoin
Wasn’t it said that the best time to go into debt is in crisis like this ? To save jobs before they go under and never come back.
Call it a tax cut for the wealthy and I'm sure he'll be on board
The whole American economy is like containing a gas leak inside an inflatable bubble.
There is always a plan B.
More reason to jump from your burning wooden ship of fiat onto the light cycle of Bitcoin
Well, given that the market didn’t crash four years ago when Trump spent $2 trillion on tax breaks that largely benefitted wealthy corporations and billionaire hedge fund managers, I think we’ll be okay.
One Hedge fund managers opinion. Dismissed
Scare tactics. Shame on them. They must have set themselves up to profit by saying such things and manipulating the market. Old trick.
Didn’t the Fed cause that?
Whatever
kuku27 Trying to create scare in market, it has no truth
Hedge Fund was all you had to say 🤣
that already happened in february, now its time for the new deal if we're to stick to this analogy
We need to raise the minimum wage of hedge fund managers.
Ah yes the Roaring 20s, a time when real interest rates were negative just like now
1929 memes is back in business? stonks only go up🙄👉📈
BS.
Wut
fuck off. Biden's plans have been warmly received by Wall Street. One hedge fund mgr. FFS!!
Fairy.. Tale.. 💵💶💰💸💲
corporate welfare... we see you =)
Yeah I'm sure the hedge fund guy has regular Americans in mind.
I dare you to take his financial advice
Over 20,000 National Guard troops have been called in to protect Joe Biden's inauguration on Jan. 20.
😂😂😂
That’s fine boss..... let it come
Then let it crash
thanks for this news