Birdwatch Note Rating
2024-02-27 23:57:42 UTC - NOT_HELPFUL
Rated by Participant: A54892FAE595FDF4E981715114B16B8ECC16FD6C7A0C0DF7DDD23BA5A6820FC7
Participant Details
Original Note:
The Dow, NASDAQ, and other stock exchanges have experience numerous record-breaking highs since 2021, and confidence in stocks is its highest since July 2021: https://finance.yahoo.com/news/americans-havent-been-this-optimistic-about-stocks-since-2021-175058368.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAG-AFBo9TDT_UVOCtYJQVl6CvJ1caqMUynnxFBpuVDf5Za4WhTj7Jo3nTIFOzXCLCnX8BZKAT4phAECocN6oPlH8zd8Buoi1De_b3SHLI_B3ckBhpAiVvo-K5RbJdH3cRt1ZICp0D5cdlGOJ8G6QlblBYsReV7xloohgy8rVLA3f Earnings for median workers have grown 1.7% since 2019: https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households Inflation YTY is now outpaced by wage growth: https://www.cnn.com/2023/12/12/economy/cpi-consumer-price-index-inflation-november/index.html
All Note Details