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U.S. stocks marched toward records Tuesday, with the S&P 500 and Nasdaq surpassing their all-time closing highs, as investors parsed a wave of corporate earnings,
What are analysts saying?
Potential new closing highs “are being driven by some really solid earnings reports
Last edited by phma; 04-23-2019 at 02:13 PM..
Reason: wording
NASDAQ was almost 5,000 in the year 2000.
It was about 3,000 in 2007 (prior to the GWB Great Recession)....
If you invested on or about the high in 2000, you'd make "Don the Con" type of returns (similar to his ROI on his inheritance) - 2.5%
If you were lucky enough not to invest in the dot-com bubble and got in at 2900 or so in 2007, you'd make 5.5%
But, as I have said before, if the market goes up 2% each year, that means NEW HIGHS each year. MAGA.
There is good reason Trump likes the uneducated. Like him, they can't compare what an ROI should be (Trump would have 100 Billion if he invested with Buffet and 20 Billion if he used an index).
That said, I am finally back up to where I was 16 or 17 months ago. MAGA.
The other splendid news is that despite a strong economy the current president still has a pretty awful approval rating- a good 20% lower than Obama's- and as of this week fell a further 3% after the release of the Mueller report. Good news indeed.
Given the constant lies and manipulation of the "mainstream" news programming you'd think he would be doing far worse. If we actually had a media that told the truth, it would perhaps be the most "approved" pres in history. Instead he's down around Obama levels-in spite of the same MSMs efforts to bolster his ratings and hide every act of failure and corruption.
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