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Old 01-28-2019, 10:35 AM
 
11,404 posts, read 4,085,616 times
Reputation: 7852

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Hope it bounces back later today


https://twitter.com/YahooFinance/sta...94516600066049

 
Old 01-28-2019, 10:38 AM
 
20,955 posts, read 8,674,856 times
Reputation: 14050
Quote:
Originally Posted by Finn_Jarber View Post
DOW -350
The greatest economy ever. Everyone knows it.

You see, this is why duct taped women are being hauled across the desert and taking a left turn into this country. Children too. Well, at least according to Donald.

But, don't worry, most Trump supporters don't have a lot of money in investments (non-college white males are his largest base), so they aren't hurt like we business people who worked for 45 years and played the game fairly.

Just as Trump "lost" over 100 Billion dollars of his own money...compared to what he'd have if he invested with Buffet (a conservative investment in the USA, BTW), he will end up costing us all trillions and then declare victory many many many (you have to use word multiple times like POTUS)....times.

He will declare victory when the GDP goes up 3% - even if it's higher health care costs, more military spending, etc. that makes it eek out tiny growth,

He will declare victory if the stock market ever goes back up to any "normal" level of yearly gain.

He will declare victory if he costs us 10's or hundreds of billions to get a promise of a couple billion.

What else is new?
 
Old 01-28-2019, 10:45 AM
 
Location: C.R. K-T
6,202 posts, read 11,452,611 times
Reputation: 3809
Boy I can't wait for Don the Con to default on the debt and make the U.S. Dollar more worthless than the current version of the Venezuelan Bolivar!
 
Old 01-28-2019, 11:38 AM
 
13,303 posts, read 7,870,141 times
Reputation: 2144
Hey, NO WALL, NO STREET!

Find some other place to "hang".

OUT, that is.
 
Old 01-28-2019, 03:20 PM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
Quote:
Originally Posted by craigiri View Post
Do you have the name of those great nation states that don't practice globalism? Or, the other way, name 2 or 3 where rabid Nationalism works???
The only thing rabid is your constant fearmongering. Take a clue from animal control and put it down like they do with a rabid squirrel.

Populist movements are on the rise b/c of the short comings and failures of globalism.
From your comments it looks like you understand as little about globalism as you do about the economy.
I get the impression that you believe that globalism is something recent.
 
Old 01-30-2019, 08:24 AM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
24,837.38 DOW

Oh my !!!
 
Old 01-30-2019, 08:50 AM
 
Location: Denver CO
24,202 posts, read 19,210,098 times
Reputation: 38267
Quote:
Originally Posted by phma View Post
24,837.38 DOW

Oh my !!!
Yes, oh my, about 1200 down from a year ago today!

Make America Poorer Again
 
Old 01-30-2019, 08:51 AM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,703,250 times
Reputation: 14818
Some perspective.

“Measured by 14 gauges of economic activity and financial performance, the U.S. economy is not doing as well under Trump as it did under all but one of the four Republicans and three Democrats who have occupied the White House since 1976.
...
By these measures, we reported two years ago, the economy under President Bill Clinton was No. 1. It still is, having strengthened the most during his years in office, 1993 to 2001. President Barack Obama, who took office in 2009 during the worst recession since the Great Depression, left in 2017 after the second-biggest improvement. President Ronald Reagan is No. 3 (1981-1989), followed by Presidents George H.W. Bush (1989-1993) and Jimmy Carter (1977-1981).

That leaves Trump and President George W. Bush, whose years in office ended in 2009 with the financial crisis that plunged the economy into its deepest decline in 80 years. While the No. 6 Trump economy shows no signs of replicating the disaster of the No. 7 Bush economy, he already lags Carter’s performance.”


https://www.bloomberg.com/opinion/ar...-even-carter-s
 
Old 01-30-2019, 08:51 AM
 
45,676 posts, read 24,012,426 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
24,837.38 DOW

Oh my !!!
I know we may even break 25,000................again.-
 
Old 01-30-2019, 08:54 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,330,678 times
Reputation: 7627
Hey, good news for phma - the DOW is only 1,300 points or so lower than it was a YEAR AGO. It's almost back up to where phma bragged about it being when he started this thread back in early Jan of last year.

That's a gain of roughly 25% since Trump took power - pretty darned good.
It's nearly as good as Obama's whopping gain of 47% over that same time frame in his administration though.

Well, on second thought it's NOT NEARLY as good as OBAMA'S 47% AWESOME GAIN, but it's a fairly respectable 12-13%/year.

Ken
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