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In addition to the "OK" or "bad" (depending on the scope of your investments) numbers, we also have other facts...real ones..
1. Most Americans own little or nothing in the stock market - and those of us who own a LOT are really a small minority
"richest 10# own 84% of the stock market"...
So that means, effectively, most debating here are in the richest 10%. Not exactly the forgotten men and women who Trump said would "win so much they might tire of winning"/
2. Real wages are not us (down, actually, a small amount) for the past year. Now THIS IS the forgotten man and woman. Even in this case, the wages are up for only that top 10 or 20%, and further down than mentioned for the rest (considering inflation and COL)....
As far as other indexes, I'd suggest y'll start new threads bragging on how great Trump is because the SPY is up much less than it was every year under Bill Clinton.
This thread says DOW and was written about DOW and is bragging about DOW. Period.
Slightly more than half of all U.S. families own stocks in some way, from workers who got automatically enrolled into their 401(k) retirement accounts to day-traders working their personal accounts. The rate of stock ownership is the highest since the dawn of the Great Recession in 2007.
But at least you stopped your other lie about the DOW not being up for the year when presented with facts to prove you wrong, I applaud you there, and look forward to you recognizing this lie/error in your ways here too.
As for everything else, I'm astonished you have not caught on yet that a) "this thread says "DOW" and was writen about DOW" so does that mean you retract your statements when you claim that regardless of DOW, other things like inflation and real wages negate the DOW being up? Because guess what, DOW and inflation and real wages are not the same thing if we are playing by the rules you demand of me. Same goes for the Clinton nonsense, doesn't count, and at the risk of repeating myself, no Bill Clinton didn't cause the uptick in the SPY nor did Trump or Obama cause this one...but hey, again, "Not the DOW"
I can't see how someone who has experienced many decades of watching the markets can say this.....
The Clinton years boomed due to that bad, bad, bad NAFTA and then the Dot-Com. Clinton and Gore and their administrations saw RIGHT AWAY the benefits of the internet and stood behind vast amounts of legislations concerning it. This included wiring up the entire country for a lot of YOU....
Sales and other taxes were waived on many internet services. I won't name it all, but there was a LOT of stuff going on and championed by the admin.
Using the inverse argument, is it just coincidence that GW and his GOP friends largely created the Great Recession...and that Republican policies created the S&L Crisis and Great Depression....
I'll answer that. No, not coincidence....
You'd be a fool to see the chaos being sown and say it doesn't rattle the markets.
This is some kind of new religion where people don't see cause and effect.
I guess money doesn't mean critical thinking....
I hereby sentence all of you to watch Wolf of Wall Street and Boiler Room over and over again.
Oh, and also the Big Short and related flicks.
I watch the markets and you can see trends in them based on economic/business cycles, trends in fundamentals and patterns in Technical Analysis...not the POTUS. I can point you to dozens of articles by financial experts that discuss how and why the POTUS has minimal real long term impacts on the market, I'd suggest you check those out instead of watching ridiculous movies about Wall St.
And, back in 1789 the US was an agrarian economy, with something like 90% of the population employed as farmers. Not particularly relevant to nowadays.
You missed the point being made. That is political convenient.
I can't see how someone who has experienced many decades of watching the markets can say this.....
The Clinton years boomed due to that bad, bad, bad NAFTA and then the Dot-Com. Clinton and Gore and their administrations saw RIGHT AWAY the benefits of the internet and stood behind vast amounts of legislations concerning it. This included wiring up the entire country for a lot of YOU....
Sales and other taxes were waived on many internet services. I won't name it all, but there was a LOT of stuff going on and championed by the admin.
Using the inverse argument, is it just coincidence that GW and his GOP friends largely created the Great Recession...and that Republican policies created the S&L Crisis and Great Depression....
I'll answer that. No, not coincidence....
You'd be a fool to see the chaos being sown and say it doesn't rattle the markets.
This is some kind of new religion where people don't see cause and effect.
I guess money doesn't mean critical thinking....
I hereby sentence all of you to watch Wolf of Wall Street and Boiler Room over and over again.
Oh, and also the Big Short and related flicks.
Hollywood !!! I'm still waiting for Robert Dezero to punch Trump.
It was a way to run the country without income taxes too. That is the history.
Tariffs funded the gov. back then. Maybe its time to consider that again.
I wonder. Could people control the size of gov. based on what they wanted to buy in the way of imports. Want smaller gov. buy less imported unnecessary crap. Made in the USA no extra burden of tariffs in the price.
You can consider it all you want. In the meanwhile Trump is slapping that tax on top of all the other taxes.
I thought we were being told he was just slapping around the Dems because it was fun. I liked the image of that but didn't buy the story.
Once again, for the learning impaired, we are in negotiations not at a final deal.
What we do know and have been told by the left is they will raise taxes considerately higher b/c they know best how to spend Our Money which they will run out of all to soon.
I thought we were being told he was just slapping around the Dems because it was fun.
I wouldn't know. You Q-Anonites are being told some pretty wacky things.
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