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Old 11-27-2019, 09:12 AM
 
Location: Sonoran Desert
39,075 posts, read 51,205,311 times
Reputation: 28314

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Quote:
Originally Posted by phma View Post
Just the facts here !!!


Dow Hits Record for 100th Time Under Trump's admin.


That average works out to about once every two weeks !!!
Yet the Dow grew nearly three times as much under Obama as under Trump. Go figure. Trump has a long way to go (and hopefully a short time to get there) to equal the Great Obama.

 
Old 11-27-2019, 09:26 AM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,474,525 times
Reputation: 9910
Quote:
Originally Posted by Ponderosa View Post
Yet the Dow grew nearly three times as much under Obama as under Trump. Go figure. Trump has a long way to go (and hopefully a short time to get there) to equal the Great Obama.
Trump has 5 more years.
 
Old 11-27-2019, 09:28 AM
 
Location: Boston
20,099 posts, read 8,998,912 times
Reputation: 18746
Quote:
Originally Posted by Finn_Jarber View Post
Debt just hit $23 Trillion, after hitting $22T only 8 months ago.

How can this be happening in "best ever" economy?
send a check to the Treasury, set the example.
 
Old 11-27-2019, 09:30 AM
 
Location: Florida
76,975 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by skeddy View Post
send a check to the Treasury, set the example.
I do that all the time.
 
Old 11-27-2019, 09:34 AM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by Ponderosa View Post
Yet the Dow grew nearly three times as much under Obama as under Trump. Go figure. Trump has a long way to go (and hopefully a short time to get there) to equal the Great Obama.
That's just silly !!! Learn to read a price chart !!!
 
Old 12-03-2019, 07:44 AM
 
Location: Florida
76,975 posts, read 47,597,802 times
Reputation: 14806
Hmmm.......down -500 this week, and its only Tuesday morning

Happens every time Trump threatens with more trade wars.
 
Old 12-03-2019, 07:48 AM
 
Location: alexandria, VA
16,352 posts, read 8,088,686 times
Reputation: 9726
Quote:
Originally Posted by Finn_Jarber View Post
Hmmm.......down -500 this week, and its only Tuesday morning

Happens every time Trump threatens with more trade wars.
And Trump's friends and family cleaning up shorting the market on advance notice of Trump's plans.
 
Old 12-03-2019, 07:52 AM
 
20,955 posts, read 8,664,723 times
Reputation: 14050
Look at these "records" - it's as if Trump fans can't count.

The simple fact is that if the indexes set a NEW RECORD every trading day of the year, that wouldn't mean the indexes do well....even normal.

For example, since the start of this thread the indexes are up only 5% per year compounded. That is 1/2 of normal returns. Yet some here actually say "hey, half of normal returns is GREAT. MAGA".

You couldn't make this up as fiction...no one would believe it.

Now Trump says he may wait until after 2020 to settle any trade disputes. Hmmmm......

Trump probably had a game plan. Keep the markets reeling until 6 months before the election. Then come up with fake "settlements" and the markets may rally to only 30% less than normal and everyone will say "this is amazing" and vote for him.

25,300 at the start of this thread. 27,500 today. Do the compounded math. It completely sux.

When will Trumps cult understand the game? Nothing he has ever participated in came out well. Nothing. Yet they think he is going to magically fix things here?
 
Old 12-03-2019, 07:54 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,321,953 times
Reputation: 7627
Quote:
Originally Posted by Finn_Jarber View Post
Hmmm.......down -500 this week, and its only Tuesday morning

Happens every time Trump threatens with more trade wars.
Yeah, and I've been watching the LEI (Leading Economic Indicator) index and over the last 6 months it's turned negative indicating the economy is likely heading for a rough patch. How rough has yet to be seen.

https://www.conference-board.org/pdf...BER%202019.pdf

Ken
 
Old 12-03-2019, 07:56 AM
 
20,955 posts, read 8,664,723 times
Reputation: 14050
Quote:
Originally Posted by phma View Post
That's just silly !!! Learn to read a price chart !!!
So you deny 5% compounded per year since the beginning of this thread, the trump tax "reform" and the start of the trade wars?

I can lay it out for you.

Or, maybe you deny the 5.2% compounded return for the last 20 years, courtesy of the GWB Great Recession?

There is good reason the American Dream has died. Much of it was based on normal stock market returns. If we had those for 20 years we'd have 55-60K Dow. That would be "normal", not great.

Yet you seem to think 1/2 of that is something special?
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