DOW just hit highest point in history ever
- Thread starter Cawood86_rivals
- Start date
NYT pulitzer winner last night.
It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.
Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all the wrong people in charge of the nation with the world’s most important economy would be very bad news. What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in, eight years after the great financial crisis.
It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.
Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all the wrong people in charge of the nation with the world’s most important economy would be very bad news. What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in, eight years after the great financial crisis.
A post on my Facebook feed (about 7am today):
"The stock market is crashing because of this. But the people who voted for trump are too stupid to know what that means so its okay. Enjoy you 5 dollar a gallon gas. #startlearningrussian"
"The stock market is crashing because of this. But the people who voted for trump are too stupid to know what that means so its okay. Enjoy you 5 dollar a gallon gas. #startlearningrussian"
I guess the Pulitzer winner forgot to mention the old establishment put us in a great financial crisis
Wait until he cancels some of those trade deals.
The critics talked about all the jobs lost but never mention all the jobs exports created.
Let's see were the market is when the trade war gets going.
The critics talked about all the jobs lost but never mention all the jobs exports created.
Let's see were the market is when the trade war gets going.
Well, we all know that the President has very little to do with the stock market. But if we're actually giving credit, yes, we should be thanking Obama:
DJIA on March 6, 2009 near the beginning of Obama's first term: 6,626.94.
DJIA on November 10, 2016 as Obama's second term winds down: 18,676.90.
Near 200% growth in 7 1/2 years ain't too shabby.
Bozo the Clown would look good coming in after a Black Swan event of this magnitude.
Obamabkar should thank Carter, Bill Clinton, and Barney Frank for creating the Black Swan in the first place.
My entire point was that it's not appropriate to give any president significant credit for the rise or fall in the stock market.
I was much looking forward to buying low and selling high after the NBC predictions on election night.
Thanks for nothing, Lester suckass Holt.
Thanks for nothing, Lester suckass Holt.
I got spooked this morning and sold KEY and RF. Both issues had appreciated 43 and 46% respectively since purchase roughly 6 months ago. Hell, they went up even more after I sold.
one caveat: never apologize for making money ethically. making money is easy, doing it gracefully is a hell of a lot harder.
actually the stock market was over 14,000 in 2007. so if you measure it's growth like you should, not from where it was after the mass selloff regarding the bubble burst, but measure from where it was, it's more like a 22 percent growth. not nearly as staggering when you crunch the real numbers. but ya know numbers and percentages can be manipulated to make anything look good. just ask Hillary and her 12 point polling lead.