Dow Jones hits 20,000

[PCALMike]

Originally Posted by WaldoKitty

I think it was because the people against Trump said the stock market would crash if he had been elected. Instead the market rallied.

It's yet another false narrative completely disproved.

Trump has hired Government Sachs, ExxonMobile and the rest of the ruling class in his cabinet. Its been decades since the stock market actually meant real prosperity for the working stiffs of America.

[WaldoKitty]

Originally Posted by PCALMike

Trump has hired Government Sachs, ExxonMobile and the rest of the ruling class in his cabinet. Its been decades since the stock market actually meant real prosperity for the working stiffs of America.

I agree with you on what the stock market represents. But I'm willing to bet that if it had crashed with Trump's election, as his detractors predicted, you would be right there telling us that it was proof that working stiffs are going to suffer due to Trump.

The point is that you guys make prediction after prediction about Trump, now for 1.7 years, that turn out being 100% wrong.

[Goodnight]

Looks like gravity has taken over.

[burdell]

Originally Posted by man4857

You're delusional.

Stock is having ownership in a company...

It does NOT mean we're building infrastructure. If people have so much money to invest in the stock market, it means everyone is buying ownership in companies, instead of spending that capital on building capital or capital projects... which is what creates jobs.

I'm just waiting until the economy crashes and you fools wake up.

And with so much trading being computers making thousands in seconds based on minute trends, the value of ownership in those companies often has little to do with how the company's actually doing.

It's like a craps table with no free drinks.