General Discussion

gab13by13

(30,386 posts) Fri Oct 31, 2025, 07:26 AM Friday

The Reason The Stock Market Is Booming [View all]

My daughter worked in corporate positions for 25 years and one thing she told me that companies do when they are struggling to make the bottom line, they fire people, Wall Street loves it.

Enter AI, the ultimate mechanism to allow companies to operate with less people. Companies aren't just firing people at the bottom, because of AI they are firing people at the upper tiers.

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The Reason The Stock Market Is Booming [View all] gab13by13 Friday OP

Except the data doesn't show that. Bernardo de La Paz Friday #1

I got my information from one of my handful of news sources, gab13by13 Friday #5

AI is the reason for the booming market. It's a bubble. Not the same kind of bubble as 2000 Bernardo de La Paz Friday #9

Yup. Joinfortmill Friday #17

The boom is clearly AI. From yesterday: https://www.democraticunderground.com/100220761906 flashman13 Friday #32

Links in Reply titles do not work. The thing to do is to put them in the Reply text. . . . . nt Bernardo de La Paz Friday #45

What data? BLS is shuttered UpInArms Friday #6

ADP Has Been Publishing Job Reports For Many Years ProfessorGAC Friday #42

Amazon is firing a bunch of people. Happy Hoosier Friday #23

...and AI is taking their places and Wall Street loves that. gab13by13 Friday #28

Maybe Rebl2 Friday #38

Wall Street will love that, too. thought crime Friday #57

Probably so or not Rebl2 Friday #59

'The biggest cost of doing business: A closer look at labor costs' sop Friday #2

And consumer spending is about 70 percent of US GDP BeyondGeography Friday #3

Yes, and some economists are predicting gab13by13 Friday #15

Other side of that coin: Employed labor are consumers. AI bots consume nothing, except maybe too much energy. n/t thesquanderer Friday #21

Bingo! FakeNoose Friday #26

They mistakenly believe in supply side economics gab13by13 Friday #31

In Oligarch Utopia us workers (the great unwashed) won't be needed after we're all replaced with AI and automation. sop Friday #34

Wait, I thought the robots were going to send us their paychecks... thought crime Friday #58

"I'm sorry, Dave. I'm afraid I can't do that." UpInArms Friday #4

Whoa! I love that. Good one. chouchou Friday #24

The stock market was setting records before the 2000 dot com crash and doc03 Friday #7

Exactly, people are investing in the market and/or gold questionseverything Friday #41

(posted to wrong reply) Bernardo de La Paz Friday #8

Scroll to the 34:54 mark gab13by13 Friday #12

I reposted my post to another of your posts. . . . nt Bernardo de La Paz Friday #14

Robots don't eat. If you starve workers, there's no one there louis-t Friday #40

It's the only thing propping him up 617Blue Friday #10

80% edhopper Friday #11

Yes but Wall Street believes that AI is the future of the economy. gab13by13 Friday #13

Other that massive amount of electricity, What goods and services will AI be purchasing and consuming? mackdaddy Friday #18

Pox Noise will lead "the masses" to believe it's all the Democrats' fault. Wednesdays Friday #27

The internet was the future also edhopper Friday #44

Where the big money is.... Joinfortmill Friday #16

The stock market has been decoupled from the economy at large... Wounded Bear Friday #19

"just a casino" is reflex cynicism which is countered by overwhelming facts. Bernardo de La Paz Friday #46

thank you Celerity Friday #53

Fire the CEOs NameAlreadyTaken Friday #20

Amazon in Wa state is laying off over 2000 Prairie_Seagull Friday #22

Corporate earnings are strong iemanja Friday #25

The current trajectory of AI is not sustainable. ToxMarz Friday #29

They're all looking for that pot of gold hiding under the rainbow FakeNoose Friday #35

Yup, and in the mean time the people behind each venture are living high on the investors money ToxMarz Friday #39

We are overbuilding AI infrastructure bucolic_frolic Friday #30

Don't Forget 401Ks wcollar Friday #33

Nothing to worry about here... 3825-87867 Friday #36

Do they not realize laying off people will result in less consumers paying their goods and services and it kimbutgar Friday #37

It's not just AI that's up. Here are all the sectors of S&P 500. AI is through the roof, but other areas are also up. Melon Friday #43

You give figures for increases, but no basis, so they are completely meaningless Bernardo de La Paz Friday #47

That's 2025...the 11 sectors that are in the S&P 500 Melon Friday #48

Thanks. I missed the YTD in your post. Bernardo de La Paz Friday #49

AI for investment analysis. legallyblondeNYC Friday #55

AI also creates competition. gulliver Friday #50

It'll be the biggest bubble to burst ever al bupp Friday #51

I wish I could comment... but legally I cannot lapfog_1 Friday #52

Apples and oranges. legallyblondeNYC Friday #54

There may not be as much as trump sez, but there is foreign investment driving prices higher. Turbineguy Friday #56