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No fantasy -- no more than thinking Trump is responsible for the stock market.+
From what I have read -- very little has changed from the original agreement made a year and a half ago and so much more could have been accomplished since then if Trump didn't think in order to make it his -- he had to blow it up, create more chaos -- make it a thing - before his people sat down and just got it done.
I don't get the Chairman Mao weekly reader.
Here is an opinion no one has to read.
On 'Your World,' Kentucky governor says people in the heart of America are fed up with the Russia probe. Bevin slams the Kavanaugh confirmation process as 'ridiculous' and discusses the new trade deal.
Just think -- if Trump hadn't made a show of the whole renegotiating NAFTA and just agreed to the deal a year and a half ago how much richer we would all be.
It doesn't' work that way. He needed to create a problem first, because otherwise there would have been nothing to fix. That is how Trumponomics works.
Finally, nine months after the OP - the Dow may be in record territory.
Having been an investor since the early 80's with no breaks.....I think my portfolio is rather accurate as to "some normal investors".....although I am definitely longer term than most.
Here is some meta-data. For those who don't know how to interpret, what it says is that the current economy as far as investors go is nothing special.
For example, my 5 year return (mostly Obama and his effects, of course!) was MUCH better than 1 year or YTD. That's an important factoid.
To say it other ways - I made much more in the 90's under Clinton (probably 13-15%) - but in general average about 11%.....for 30+ years.
Nothing is special now. You can't make it so by claiming it. Numbers matter. We are continuing a Bull Market which has went on for a long time....and even with the Great Recession, any decent portfolio does 10% or better over decades......
"Average stock fell in September
The overall S&P 500 gained 0.4 percent in September, but the average stock in the index actually fell 0.06 percent last month"
"the number of stocks listed at the New York Stock Exchange at 52-week lows was three times higher on Tuesday than those at 52-week highs, according to data from SentimenTrader. This is only the first time since Dec. 28, 1999 such a disparity took place and the second since 1965, the data show."
Does it mean anything? I suppose to the many who own those companies it could.....or, if it is an indicator.
As a dude in the article says:
"The healthiest markets occur when the uptrend is broad based, which is not the situation in the present example"
No one stopping a person from putting the money in their pocket.
Don't be an idiot.
Try thinking for yourself outside the collective, difficult as it seems to be.
90% plus of the "smartest people in the room" as well as the "smartest people I know"........thought they had lots of money in the run-up to 2008. Same went with 2000. I know computer programmers, folks with graduate business degrees and many others.....who thought the same.
It pays to reason that the vast majority of investors did not sell their holding before the downturns....
Are you claiming otherwise? That would be an unreasonable claim. Most of the IRA's and such things are not actively managed...
If what you claim was even 1/2 way true, the geniuses on Wall Street wouldn't have caused the Great Recession and lost vast sums themselves. After all, they are smart...right?
"Average stock fell in September
The overall S&P 500 gained 0.4 percent in September, but the average stock in the index actually fell 0.06 percent last month"
I made money in the market in September, did you?
close to DOW27000 arent we?
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