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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27626 posts

re: So the Dow set a record-high today...

Was gonna give a serious response until I saw his name and post count. Sneaky bitcoiners


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LSURussian
LSU Fan
Member since Feb 2005
85180 posts

re: So the Dow set a record-high today...
"kiwitiger" rearranged is "wikitiger"

wiki is big on "counterparty risk" and "anonymity" as reasons to use bitcoins.

Hmmmmm.........???


stonerolledaway
UNO Fan
baton rouge
Member since Jul 2011
858 posts

re: So the Dow set a record-high today...
“Press On, Regardless!”

Jack Bogle



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AUtigerNOLA
Auburn Fan
New Orleans, LA
Member since Apr 2011
12010 posts

re: So the Dow set a record-high today...
quote:

"kiwitiger" rearranged is "wikitiger"

wiki is big on "counterparty risk" and "anonymity" as reasons to use bitcoins.




Why is it I laugh my arse off at this bitcoin nonsense every time its brought up? That bitcoin thread had me rolling.


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bpfergu
Arkansas Fan
Member since Jun 2011
3448 posts

re: So the Dow set a record-high today...
Things are definitely looking better, but this should count inflation to get a better picture.

LINK

Image: http://i2.cdn.turner.com/money/dam/assets/130306025439-inflation-adjusted-djia-chart-614xa.jpg


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davesdawgs
Georgia Fan
Georgia - Class of '75
Member since Oct 2008
20307 posts

re: So the Dow set a record-high today...
What is more interesting is the data comparison between the previous high in 2007: LINK The only positive in the whole bunch is the reduction in household debt probably due to a ton of foreclosures.

===============================================
Dow Jones Industrial Average:
Then 14164.5; Now 14164.5
Regular Gas Price:
Then $2.75; Now $3.73
GDP Growth:
Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force):
Then 6.7 million; Now 13.2 million
Americans On Food Stamps:
Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet:
Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP:
Then ~38%; Now 74.2%
US Deficit (LTM):
Then $97 billion; Now $975.6 billion
Total US Debt Oustanding:
Then $9.008 trillion; Now $16.43 trillion
US Household Debt:
Then $13.5 trillion; Now 12.87 trillion
Labor Force Particpation Rate:
Then 65.8%; Now 63.6%
Consumer Confidence:
Then 99.5; Now 69.6
S&P Rating of the US:
Then AAA; Now AA+
VIX:
Then 17.5%; Now 14%
10 Year Treasury Yield:
Then 4.64%; Now 1.89%
EURUSD:
Then 1.4145; Now 1.3050
Gold:
Then $748; Now $1583
NYSE Average LTM Volume (per day):
Then 1.3 billion shares; Now 545 million shares


stonerolledaway
UNO Fan
baton rouge
Member since Jul 2011
858 posts

re: So the Dow set a record-high today...
US Debt as a Percentage of GDP:
Then ~38%; Now 74.2%

as buffet said, this would be gone in five minutes if they had a law that made all congressmen ineligible for reelection if it exceeded 3%,


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