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re: Why is the stock market rallying right now?

Posted on 2/24/24 at 10:55 am to
Posted by tigersmanager
Member since Jun 2010
7589 posts
Posted on 2/24/24 at 10:55 am to
you think a couple of months of good stock numbers makes up for 3 years of bad ones
Posted by notiger1997
Metairie
Member since May 2009
58572 posts
Posted on 2/24/24 at 11:00 am to
quote:

you think a couple of months of good stock numbers


Go back and start over if you think this has been just a couple of months
Posted by SulphursFinest
Lafayette
Member since Jan 2015
8922 posts
Posted on 2/24/24 at 11:04 am to
I think all time highs is great for a retirement account. Don’t be stupid
Posted by slackster
Houston
Member since Mar 2009
85498 posts
Posted on 2/24/24 at 11:19 am to
quote:

you think a couple of months of good stock numbers makes up for 3 years of bad ones


VTI - a total stock market index - is up 36% over the last 3 years.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35751 posts
Posted on 2/24/24 at 2:38 pm to
quote:

you think a couple of months of good stock numbers makes up for 3 years of bad ones

What planet are you on?
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 2/24/24 at 2:46 pm to
quote:

you think a couple of months of good stock numbers makes up for 3 years of bad ones


I am not sure if you are joking about only a few good months of stock numbers or you are this delusional. If you were serious, maybe lay off the Fox News for your financial news. I don’t like Biden’s politics, but the market has done well for a lot more than a few months.

2024 6.69% (in less than two months)
2023 24.23%
2022. -19.44%
2021 26.89%

After 37 months of Biden in office, the 500 is up 37%.

After 37 months of Trump in office, the market was up 29%.
(Took off in the last 11 months).

After 37 months of Obama in office, the market was up 65% (continued strong for both terms).
This post was edited on 2/25/24 at 12:17 pm
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27537 posts
Posted on 2/24/24 at 5:31 pm to
quote:

you think a couple of months of good stock numbers makes up for 3 years of bad ones

Are you genuinely this clueless?

The S&P is up:

10yr 174%
5yr 82%
2yr 19%
1yr 28%

Anyone complaining about their 401k in 2024 likely panic moved into bonds after the “crash” and got burned. I have little sympathy for idiocy, but that moves to zero when they won’t own their idiocy and instead blame someone else.
This post was edited on 2/24/24 at 5:32 pm
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