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Old 02-15-2017, 08:26 PM
 
Location: Pyongjang
5,701 posts, read 3,228,226 times
Reputation: 3925

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Hasn't happened in 25 years! A pro business President finally!

Stock market notches best record run in quarter century - MarketWatch

Quote:
Stocks have done something they haven’t done in more than a quarter of a century, with the Dow industrials, the S&P 500 and the Nasdaq all closing at record levels for a fifth session in a row.

Stocks ended higher Wednesday as the Dow Jones Industrial Average DJIA, +0.52% closed up 107.45 points, or 0.5%, at a record 20,611.86; the S&P 500 index SPX, +0.50% finished up 11.67 points, or 0.5%, at a record 2,349.25; and the Nasdaq Composite Index COMP, +0.64% gained 36.87 points, or 0.6%, to close at a record 5,819.44.
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Old 02-15-2017, 08:33 PM
 
15,706 posts, read 11,787,189 times
Reputation: 7020
I think you mean pro Wall street so-called president. Those records mean nothing since for bankers and financial groups like Goldman Sachs, removing regulations on wall street is a good thing for them. But as we saw in 2008, it's horrible for the rest of the country and will lead to another recession.

When are you going to learn catering to Wall Street and Capitalism only makes the rich richer and does nothing for everyone who isn't rich? You will not benefit from the banks having less regulation.
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Old 02-15-2017, 08:35 PM
 
Location: Texas
37,953 posts, read 17,893,612 times
Reputation: 10373
While near record numbers of people on food stamps is still with us. Nothing says success like government assistance.
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Old 02-15-2017, 08:39 PM
 
Location: Pyongjang
5,701 posts, read 3,228,226 times
Reputation: 3925
Quote:
Originally Posted by Fiyero View Post
I think you mean pro Wall street so-called president. Those records mean nothing since for bankers and financial groups like Goldman Sachs, removing regulations on wall street is a good thing for them. But as we saw in 2008, it's horrible for the rest of the country and will lead to another recession.

When are you going to learn catering to Wall Street and Capitalism only makes the rich richer and does nothing for everyone who isn't rich? You will not benefit from the banks having less regulation.
I'm benefiting quite nicely actually. I hope you have some investments yourself.
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Old 02-15-2017, 08:40 PM
 
27,623 posts, read 21,148,393 times
Reputation: 11095
Quote:
Originally Posted by Fiyero View Post
I think you mean pro Wall street so-called president. Those records mean nothing since for bankers and financial groups like Goldman Sachs, removing regulations on wall street is a good thing for them. But as we saw in 2008, it's horrible for the rest of the country and will lead to another recession.

When are you going to learn catering to Wall Street and Capitalism only makes the rich richer and does nothing for everyone who isn't rich? You will not benefit from the banks having less regulation.
Here is who the POS in the WH put in charge and to head up the free for all for the banksters........

Steve Mnuchin - the Goldman Sachs predatory lender and hedge-fund billionaire who ****ed people up whazoo and laughed all the way to the bank.

Last edited by sickofnyc; 02-15-2017 at 09:09 PM..
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Old 02-15-2017, 08:44 PM
 
Location: NE Mississippi
25,598 posts, read 17,329,689 times
Reputation: 37367
Quote:
Originally Posted by mightleavenyc View Post
Hasn't happened in 25 years! A pro business President finally!

Stock market notches best record run in quarter century - MarketWatch
I remember back during the dot-com boom, when everyone felt like they had oodles of money. There were jobs galore.
Maybe it'll come back to that and stay. I hope so.
The feeling of being wealthy and secure is good for America.

the chief business of the American people is business.”....Calvin Coolidge
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Old 02-15-2017, 08:46 PM
 
27,675 posts, read 16,166,190 times
Reputation: 19109
Before election they said it would go bust. Now they cry sour grapes..lol
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Old 02-15-2017, 08:49 PM
 
2,685 posts, read 2,524,590 times
Reputation: 1856
What does up must come down.
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Old 02-15-2017, 08:50 PM
 
Location: Los Angeles
14,361 posts, read 9,799,673 times
Reputation: 6663
Quote:
Originally Posted by mightleavenyc View Post
Hasn't happened in 25 years! A pro business President finally!

Stock market notches best record run in quarter century - MarketWatch

Remember when:

BREXIT will crash the world!

Trump winning will crash the world!



Let's see... since Trump was elected the world markets have appreciated $3.1TUSD

That's $3,100,000,000,000.00 in just 3 months.

Might be a bubble brewing but earnings are still around 17x, so hardly in the 2000/01 and 2009 levels.
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Old 02-15-2017, 08:53 PM
 
45,676 posts, read 24,050,350 times
Reputation: 15559
Quote:
Originally Posted by saltine View Post
Before election they said it would go bust. Now they cry sour grapes..lol
Who said?
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