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Post by DDNYjets on Aug 2, 2017 13:11:22 GMT -5
To be fair, the market was in big trouble before he was ever elected. Yuuuuge down swing in recent years. We've had this conversation before. But if you do read the graph you will notice a plateau from 2014-2016. Then in late 2016 the slope gets pretty steep. |
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Post by Frank Reynolds on Aug 2, 2017 13:18:44 GMT -5
To be fair, the market was in big trouble before he was ever elected. Yuuuuge down swing in recent years. We've had this conversation before. But if you do read the graph you will notice a plateau from 2014-2016. Then in late 2016 the slope gets pretty steep. Those are just market corrections. Very normal and has always happened throughout the history of the stock market. We'll experience plenty during Trump's remaining 3 years too. It is obvious from the chart that the trend has been up big since 09. Funny.. i don't remember many threads thanking obama during that time though.... It won't always be like this though no matter who is president - democrat or republican. Plenty of more corrections and up and down trends to come. Just be smart and let your money sit there and continue to gain over time. |
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Post by DDNYjets on Aug 2, 2017 13:31:49 GMT -5
We've had this conversation before. But if you do read the graph you will notice a plateau from 2014-2016. Then in late 2016 the slope gets pretty steep. Those are just market corrections. Very normal and has always happened throughout the history of the stock market. We'll experience plenty during Trump's remaining 3 years too. It is obvious from the chart that the trend has been up big since 09. Funny.. i don't remember many threads thanking obama during that time though.... It won't always be like this though no matter who is president - democrat or republican. Plenty of more corrections and up and down trends to come. Just be smart and let your money sit there and continue to gain over time. Remaining 7.5 years. 2 years is a pretty long market correction. Only reason we never saw a recession was bc of the trillions in stimulus. Obama gets credit for it not crashing and burning but there are plenty of people that believe we should have gotten way more bang for our buck and it should have happened much sooner. It was the money he was willing pump that led to those gains, not the policies. Im in for the long haul. Will probably see a few downturns before its time for me to cash out. I dont sweat it. |
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Post by Frank Reynolds on Aug 2, 2017 14:31:11 GMT -5
Those are just market corrections. Very normal and has always happened throughout the history of the stock market. We'll experience plenty during Trump's remaining 3 years too. It is obvious from the chart that the trend has been up big since 09. Funny.. i don't remember many threads thanking obama during that time though.... It won't always be like this though no matter who is president - democrat or republican. Plenty of more corrections and up and down trends to come. Just be smart and let your money sit there and continue to gain over time. Remaining 7.5 years. 2 years is a pretty long market correction. Only reason we never saw a recession was bc of the trillions in stimulus. Obama gets credit for it not crashing and burning but there are plenty of people that believe we should have gotten way more bang for our buck and it should have happened much sooner. It was the money he was willing pump that led to those gains, not the policies. Im in for the long haul. Will probably see a few downturns before its time for me to cash out. I dont sweat it. The fed's extremely low interest rates helped a lot. Can't forget about that. The stimulus money was a no brainer and it worked. Who knows where we'd be today if that money wasn't pumped into the economy. It was the right move. And that's the best way to invest. Put your money in accounts/funds/etc with a long history of growth, keep putting consistent money in over the years, and don't worry about the ups and downs. Just let it sit there and grow. You'll be a millionaire or multi-millionaire by the time you're ready to retire. By then, you'll just have inflation to worry about. |
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Post by Hotman on Aug 3, 2017 3:47:57 GMT -5
It will rise more...
And then it will fall. Along with everything else. Hope I'm wrong... Getting a bit old to hustle all that and these fools all think the walking dead is a reality show
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Post by Hotman on Aug 3, 2017 3:48:36 GMT -5
The water and food shortages are gonna really fucking suck. Especially the water shortages
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Post by DDNYjets on Oct 17, 2017 10:21:13 GMT -5
23,000
Nothing to see here.
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Post by 2foolish on Oct 17, 2017 11:50:03 GMT -5
A dunce cap for Paul Krugman
He boasted the markets would ‘never recover’ under Trump, but they have
ANALYSIS/OPINION:
The men and women who pick the winners of the Nobel Prize should come in from the cold — the temperature Tuesday in Oslo was 44 degrees — and after their brains thaw out they should ask Paul Krugman to send back his Nobel medal, awarded in 2008. Both high and low numbers continue to puzzle the man.
Economics is called “the dismal science” for a reason, but Mr. Krugman took the description seriously on election night last November, delivering himself of what he imagined was wisdom when it was coming clear that Donald Trump, against the predictions of every pollster with a clipboard, had been elected president of the United States.
He finished writing a column for The New York Times early on the morning after, assuring his readers that the world’s stock markets, which were slumping at the time, would “never” recover.
He said the election of such an “irresponsible, ignorant” man would inflict “the mother of all adverse effects” on the economy. “So we are very probably looking at a global recession, with no end in sight.” Mr. Krugman is still looking.
Perhaps that did happen on the planet where Mr. Krugman lives, but U.S. consumer confidence has since climbed to its highest level in more than 16 years. The Conference Board’s consumer-confidence index rose from 116.1 in February to 125.6 in March, the best reading since December 2000.
The index measures consumers assessment of current conditions and their expectations for the future. Both were up in March.
The “renewed optimism suggests the possibility of an upside for the prospects for economic growth in the coming months,” says Lynn Franco, director of economic indicators for the Conference Board. The survey further finds that more Americans expect hiring and incomes to increase over the next six months, and nearly a third of them describe business conditions as “good.”
The Conference Board’s new numbers follow the November reading of the National Federation of Independent Business small-business optimism index, which jumped to 98.4 from 94.9. Released in mid-December, that represented its sharpest surge since 2009 — not coincidentally, about the time President Obama began eight years of spreading reams of regulatory red tape across the economy.
The Conference Board’s report arrived on the day that Ford Motor Co. announced it would invest $1.2 billion at three factories in Michigan, including $850 million at an assembly plant to make the new Ford Ranger pickup and Ford Bronco SUV.
“Major investment to be made in three Michigan plants,” Mr. Trump tweeted early Tuesday, even before Ford executives made the official announcement. “Car companies coming back to U.S.,” he said with his familiar all-capitals and excess of exclamation points. “JOBS! JOBS! JOBS!”
Ford executives insisted that the investments had been planned long before the president took office, but it’s nonetheless a reflection of the automaker’s confidence in the U.S. economy generally, and in the success of the automobile market in particular. Under some other president the investments could just as easily have been postponed or canceled.
Mr. Trump can reasonably argue that Ford might have had other ideas but for his jawboning over the previous 17 months to bring domestic manufacturing back from abroad.
Mr. Krugman shared his gloom with certain other economists. “If the unlikely [election of Donald Trump] happens, and Trump wins,” Steve Rattner said on Election Day on MSNBC, “you will see a market crash of historic proportions, I think.”
The Dow Jones industrial average has gone nowhere but up since then. The Dow closed at 18,613.52 on Nov. 9; at 19,732.40 on Jan. 20; and at 20,701.50 on Tuesday. Chicken Little was not pleased.
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Post by shakin on Oct 17, 2017 12:30:06 GMT -5
A dunce cap for Paul Krugman
He boasted the markets would ‘never recover’ under Trump, but they have ANALYSIS/OPINION: The men and women who pick the winners of the Nobel Prize should come in from the cold — the temperature Tuesday in Oslo was 44 degrees — and after their brains thaw out they should ask Paul Krugman to send back his Nobel medal, awarded in 2008. Both high and low numbers continue to puzzle the man. Economics is called “the dismal science” for a reason, but Mr. Krugman took the description seriously on election night last November, delivering himself of what he imagined was wisdom when it was coming clear that Donald Trump, against the predictions of every pollster with a clipboard, had been elected president of the United States. He finished writing a column for The New York Times early on the morning after, assuring his readers that the world’s stock markets, which were slumping at the time, would “never” recover. He said the election of such an “irresponsible, ignorant” man would inflict “the mother of all adverse effects” on the economy. “So we are very probably looking at a global recession, with no end in sight.” Mr. Krugman is still looking. Perhaps that did happen on the planet where Mr. Krugman lives, but U.S. consumer confidence has since climbed to its highest level in more than 16 years. The Conference Board’s consumer-confidence index rose from 116.1 in February to 125.6 in March, the best reading since December 2000. The index measures consumers assessment of current conditions and their expectations for the future. Both were up in March. The “renewed optimism suggests the possibility of an upside for the prospects for economic growth in the coming months,” says Lynn Franco, director of economic indicators for the Conference Board. The survey further finds that more Americans expect hiring and incomes to increase over the next six months, and nearly a third of them describe business conditions as “good.” The Conference Board’s new numbers follow the November reading of the National Federation of Independent Business small-business optimism index, which jumped to 98.4 from 94.9. Released in mid-December, that represented its sharpest surge since 2009 — not coincidentally, about the time President Obama began eight years of spreading reams of regulatory red tape across the economy. The Conference Board’s report arrived on the day that Ford Motor Co. announced it would invest $1.2 billion at three factories in Michigan, including $850 million at an assembly plant to make the new Ford Ranger pickup and Ford Bronco SUV. “Major investment to be made in three Michigan plants,” Mr. Trump tweeted early Tuesday, even before Ford executives made the official announcement. “Car companies coming back to U.S.,” he said with his familiar all-capitals and excess of exclamation points. “JOBS! JOBS! JOBS!” Ford executives insisted that the investments had been planned long before the president took office, but it’s nonetheless a reflection of the automaker’s confidence in the U.S. economy generally, and in the success of the automobile market in particular. Under some other president the investments could just as easily have been postponed or canceled. Mr. Trump can reasonably argue that Ford might have had other ideas but for his jawboning over the previous 17 months to bring domestic manufacturing back from abroad. Mr. Krugman shared his gloom with certain other economists. “If the unlikely [election of Donald Trump] happens, and Trump wins,” Steve Rattner said on Election Day on MSNBC, “you will see a market crash of historic proportions, I think.” The Dow Jones industrial average has gone nowhere but up since then. The Dow closed at 18,613.52 on Nov. 9; at 19,732.40 on Jan. 20; and at 20,701.50 on Tuesday. Chicken Little was not pleased. krugman is a sniveling dunce that being said, the market makes absolutely zero sense right now. everything is a ridiculous bubble, the only reason IMO that the dow keeps going up is that the central banks keep printing money and buying. that, and the algos doing all the "trading" are simply programmed to never sell. it all has to end at some point -- the longer it takes the more disastrous it will be. who the fuck knows -- it's absolutely ludicrous right now and it's uncharted waters |
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Post by bxjetfan on Oct 17, 2017 16:20:43 GMT -5
A dunce cap for Paul Krugman
He boasted the markets would ‘never recover’ under Trump, but they have ANALYSIS/OPINION: The men and women who pick the winners of the Nobel Prize should come in from the cold — the temperature Tuesday in Oslo was 44 degrees — and after their brains thaw out they should ask Paul Krugman to send back his Nobel medal, awarded in 2008. Both high and low numbers continue to puzzle the man. Economics is called “the dismal science” for a reason, but Mr. Krugman took the description seriously on election night last November, delivering himself of what he imagined was wisdom when it was coming clear that Donald Trump, against the predictions of every pollster with a clipboard, had been elected president of the United States. He finished writing a column for The New York Times early on the morning after, assuring his readers that the world’s stock markets, which were slumping at the time, would “never” recover. He said the election of such an “irresponsible, ignorant” man would inflict “the mother of all adverse effects” on the economy. “So we are very probably looking at a global recession, with no end in sight.” Mr. Krugman is still looking. Perhaps that did happen on the planet where Mr. Krugman lives, but U.S. consumer confidence has since climbed to its highest level in more than 16 years. The Conference Board’s consumer-confidence index rose from 116.1 in February to 125.6 in March, the best reading since December 2000. The index measures consumers assessment of current conditions and their expectations for the future. Both were up in March. The “renewed optimism suggests the possibility of an upside for the prospects for economic growth in the coming months,” says Lynn Franco, director of economic indicators for the Conference Board. The survey further finds that more Americans expect hiring and incomes to increase over the next six months, and nearly a third of them describe business conditions as “good.” The Conference Board’s new numbers follow the November reading of the National Federation of Independent Business small-business optimism index, which jumped to 98.4 from 94.9. Released in mid-December, that represented its sharpest surge since 2009 — not coincidentally, about the time President Obama began eight years of spreading reams of regulatory red tape across the economy. The Conference Board’s report arrived on the day that Ford Motor Co. announced it would invest $1.2 billion at three factories in Michigan, including $850 million at an assembly plant to make the new Ford Ranger pickup and Ford Bronco SUV. “Major investment to be made in three Michigan plants,” Mr. Trump tweeted early Tuesday, even before Ford executives made the official announcement. “Car companies coming back to U.S.,” he said with his familiar all-capitals and excess of exclamation points. “JOBS! JOBS! JOBS!” Ford executives insisted that the investments had been planned long before the president took office, but it’s nonetheless a reflection of the automaker’s confidence in the U.S. economy generally, and in the success of the automobile market in particular. Under some other president the investments could just as easily have been postponed or canceled. Mr. Trump can reasonably argue that Ford might have had other ideas but for his jawboning over the previous 17 months to bring domestic manufacturing back from abroad. Mr. Krugman shared his gloom with certain other economists. “If the unlikely [election of Donald Trump] happens, and Trump wins,” Steve Rattner said on Election Day on MSNBC, “you will see a market crash of historic proportions, I think.” The Dow Jones industrial average has gone nowhere but up since then. The Dow closed at 18,613.52 on Nov. 9; at 19,732.40 on Jan. 20; and at 20,701.50 on Tuesday. Chicken Little was not pleased. krugman is a sniveling dunce that being said, the market makes absolutely zero sense right now. everything is a ridiculous bubble, the only reason IMO that the dow keeps going up is that the central banks keep printing money and buying. that, and the algos doing all the "trading" are simply programmed to never sell. it all has to end at some point -- the longer it takes the more disastrous it will be. who the fuck knows -- it's absolutely ludicrous right now and it's uncharted waters Get a snickers cuz this market is gonna run for awhile. Of course the market is gonna crash, it always does. Don't be that guy. |
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Post by DDNYjets on Nov 30, 2017 17:08:55 GMT -5
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Post by Trades on Nov 30, 2017 18:47:04 GMT -5
Next thing you know they will be making up horror stories about him being a racist, how people are attacking minorities and how he colluded with Russia to get elected. |
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Post by DDNYjets on Jan 16, 2018 19:53:18 GMT -5
Forgot to bump for 25,000
BUMP for 26,000
Thanks Obama.
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Post by Hotman on Jan 17, 2018 6:24:13 GMT -5
Forgot to bump for 25,000 BUMP for 26,000 Thanks Obama. what the hell does he have to do with anything? genuinely asking.. or were you being sarcastic? |
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Post by BushytheLobster on Jan 17, 2018 9:16:49 GMT -5
Anyone claiming he knows what the market is going to do is full of it. Nobody knows. The only people more suspect than those making market predictions are those who listen to them. The market's been on a great run since the crash of 2009, nothing to complain about that.
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