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Nah, I was just asking because the corporate tax savings hasn't been invested in the market yet. So I'm not sure what these Trump haters are talking about.
Nah, I was just asking because the corporate tax savings hasn't been invested in the market yet. So I'm not sure what these Trump haters are talking about.
So you think the Jan report is going to be an addition of 500 thousand jobs.
It could get close to matching 2011, but it's extremely unlikely to match any other year since. Here are the numbers since 2010. Numbers are in thousands.
If we go from Feb 2017 to December's numbers, we get 1839 (that's 1,839,000 new jobs). In order to match 2011's number, January's number will have to be 252,000, or maybe a smaller number if December is revised up - which is do-able but it would have to be a very good number. That's matching it to other full years Jan-Dec, of course.
The next lowest number is 2012. To match that year's number January's jobs report would have to be 303,00 - which again is possible but would have to be a really good number. To match 2016's number it would have to be 401,000, which is almost certainly not going to happen.
For the best year of the recovery - 2014 - we would have to get a print of 1.159 million jobs added in January, which clearly is not going to happen.
President Trump is absolutely the greatest on the economy. Dow breaks 25,000
They say it still has room to run !!!!
Go ahead 401K make my day !!!
The DOW breaking records means that investors are terrified, risk is at an all-time high, and the future is seen as being so unsure that the financial world feels that we may not have a future of which to speak.
No one uses the DOW as an indicator of market success. Before you speak of this in real life, just consider this a tip to avoid appearing ignorant.
Also, what goes up must come down. Soaring market prices inevitably mean only one thing: exactly ten years ago we were all very certain about one thing, and it was not unparalleled market growth.
This time around, we do not have the Obama administration. How well do you believe the Trump presidency to be capable of responding to another financial apocalypse?
When has the P/E ever hit 123? Maybe for one company, but never for the US stock market as a whole.
Right now, the trailing-ten-year P/E for the S&P 500 is at 33. The only time it was higher was during the late 1990s tech bubble.
Yes, it hit 123 in 2009 for the S&P500. Google p/e 90 year historical chart.
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