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re: Dow Jones Industrial Average hits 40,000 for the 1st time
Posted on 5/16/24 at 1:33 pm to ragincajun03
Posted on 5/16/24 at 1:33 pm to ragincajun03
S&P is up nearly 1,500 points and the Dow is up 9,000 since Trump left office.
I'd say at this point Biden has earned another 4 years.
Welp.
I'd say at this point Biden has earned another 4 years.
Welp.
3
Posted on 5/16/24 at 1:34 pm to ronricks
wrong again
Posted on 5/16/24 at 1:34 pm to ronricks
quote:
S&P is up nearly 1,500 points and the Dow is up 9,000 since Trump left office.
I'd say at this point Biden has earned another 4 years.
Welp.
Adjust it for inflation and say that again with a straight face.
Posted on 5/16/24 at 1:35 pm to LNCHBOX
quote:
Adjust it for inflation and say that again with a straight face.
Not sure why you Boomers are so mad that Bidenomics is working?
Posted on 5/16/24 at 1:36 pm to ronricks
quote:
Not sure why you Boomers are so mad that Bidenomics is working?
I'm as much of a boomer as Bidenomics is a success.
Posted on 5/16/24 at 1:57 pm to ronricks
quote:
Not sure why you Boomers are so mad that Bidenomics is working?
Good luck convincing the Democrat base and the undecided middle class that the economy has never been better by pointing to the DOW.
Most Americans, who have minimal if any participation in the stock market, are really struggling to pay for rent, utilities, groceries, gas, insurance and healthcare but look at those hedge fund GAINZ!
I know Wall St and the limousine liberals are pleased but that other ***81 million is going to be a tough sell.
Posted on 5/16/24 at 2:04 pm to ronricks
quote:
S&P is up nearly 1,500 points and the Dow is up 9,000 since Trump left office.
I'd say at this point Biden has earned another 4 years.
I mean this sincerely on behalf of my family, my kids, our way of life....frick you.
Posted on 5/16/24 at 2:05 pm to BK Lounge
quote:
i realize that the POTUS , or whoever happens to occupy the Oval Office- has very little to do with the stock market
how very untrue
Posted on 5/16/24 at 2:12 pm to ragincajun03
Damn, imagine if we go back in time and murder the COVID perpetrators and we were wrapping up Trump term 2. Dow would be at 50k, We'd have peace in the ME, no war in Ukraine, gas would cost $1.50/gallon, interest rates would be 2.5%, salaries up, inflation down, and a strong southern border.
Posted on 5/16/24 at 2:16 pm to ragincajun03
Mortgages unaffordable.
Rent unaffordable.
Groceries unaffordable.
Yeah, we’re doing stellar.
Rent unaffordable.
Groceries unaffordable.
Yeah, we’re doing stellar.
Posted on 5/16/24 at 2:20 pm to GRTiger
quote:
Damn, imagine if we go back in time and murder the COVID perpetrators and we were wrapping up Trump term 2. Dow would be at 50k, We'd have peace in the ME, no war in Ukraine, gas would cost $1.50/gallon, interest rates would be 2.5%, salaries up, inflation down, and a strong southern border.
Good god Son.. Say hi to Santa Clause and the Easter Bunny for me while you are there in ur fantasy land .
Posted on 5/16/24 at 2:21 pm to BK Lounge
quote:
Good god Son.. Say hi to Santa Clause and the Easter Bunny for me while you are there in ur fantasy land .
BETA Page
Reality was pretty nice for 4 years.
Posted on 5/16/24 at 2:21 pm to ibldprplgld
quote:
Mortgages unaffordable. Rent unaffordable. Groceries unaffordable. Yeah, we’re doing stellar.
This thread was about none of those things.. It was specifically about how the stock market hit a record high today .
Posted on 5/16/24 at 2:22 pm to BK Lounge
quote:
This thread was about none of those things.. It was specifically about how the stock market hit a record high today .
It may as well be at $1 million, doesn't matter if your daily costs far exceed the gains of the DOW.
Posted on 5/16/24 at 2:28 pm to LNCHBOX
I was mostly trying to get under people's skin, but honestly other than the gas price, the rest are perfectly reasonable in the alternate world of no COVID hoax and Trump 2.
Posted on 5/16/24 at 2:28 pm to BK Lounge
quote:
This thread was about none of those things.. It was specifically about how the stock market hit a record high today .
Last line of OP:
quote:
Building Back Better is working!
So no, the alleged “building back better” in the OP of this very thread is not working because:
quote:
Mortgages unaffordable. Rent unaffordable. Groceries unaffordable.
Posted on 5/16/24 at 2:31 pm to GRTiger
quote:
Dow would be at 50k, We'd have peace in the ME, no war in Ukraine, gas would cost $1.50/gallon, interest rates would be 2.5%, salaries up, inflation down, and a strong southern border.
Obviously I’m just poking the OT bear praising Rotten Potato Head for the DOW; however, very doubtful we’d have $1.50/gallon gasoline right now unless some other event crashed oil and gasoline demand. It took Covid crashing oil demand, sending prices “negative” to get it that low last time.
But shite sure was nice in the Fall of 2019 with $2.50 gasoline, then-record high 28,500ish Dow, and about 3.5% unemployment rate that wasn’t some contrived number, and a less than 2% inflation rate.
Then all hell broke loose thanks to our wonderful friends in China.
Posted on 5/16/24 at 2:35 pm to ibldprplgld
quote:
Last line of OP: quote: Building Back Better is working!
Jesus Christ, there was a literal WALL of text in the OP, and you gonna cherry pick the very last line… Never, ever change OT !
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