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re: Dow Falls to New Low for 2022; Recession Looming

Posted on 9/23/22 at 1:07 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134845 posts
Posted on 9/23/22 at 1:07 pm to
quote:

Run along and live in fantasy land.
quote:

I’m up 21% YTD including today
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134845 posts
Posted on 9/23/22 at 1:08 pm to
quote:

The fact she had to read that she is a black gay immigrant woman speaks volumes.


She's embarrassingly bad at her job. The quintessential diversity hire. Completely incompetent but checks all the boxes.
Posted by td1
Baton Rouge
Member since Oct 2015
2830 posts
Posted on 9/23/22 at 1:09 pm to
They are going to update the definition of a recession. It’ll be fine, it’s not a recession if the definition changes.
“The Science”
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105400 posts
Posted on 9/23/22 at 1:11 pm to
quote:

Recession Looming



As if we haven't already been in a recession.
Posted by TheFlyingTiger
Member since Oct 2009
3994 posts
Posted on 9/23/22 at 1:12 pm to
It's at 29k now. It dropped to 25k around March 1 2020 according to a quick Google search.

Pretty much all the "growth" was fed bought up and fake since then. So it's got at LEAST that far to fall.

If then we're gonna have to pay the piper for spending and 0% interest rates over more than a decade it could drop quite a bit more... Unless they buy it again I guess.

Of course, they could also start a major war in ...I dunno, eastern Europe or something? Just spitballing.
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 9/23/22 at 1:15 pm to
It’s financially illiterate retards like yourself that don’t know you can make as much in a down market as you can in a up market. You read the tea leaves without feelings and without the stupid arse technical analysis people so heavily rely on and you make the move. Doesn’t matter if the markets go up or down or sideways. There’s always a way to win.
Posted by ragincajun03
Member since Nov 2007
21192 posts
Posted on 9/23/22 at 1:16 pm to
quote:

“Why losing 30% of your 401k is actually good for the economy."

-CNN


If you have a 401k then you are rich and privileged and can afford to lose some money for the greater good of Build Back Better and the Green New Deal.
Posted by jpainter6174
Boss city
Member since Feb 2014
5281 posts
Posted on 9/23/22 at 1:17 pm to
It’ll only fall a few inches!
Posted by Jones
Member since Oct 2005
90459 posts
Posted on 9/23/22 at 1:18 pm to
quote:

I’m laughing when I post the beat downs.


What beatdowns have you posted?
Posted by Sheep
Neither here nor there
Member since Jun 2007
19491 posts
Posted on 9/23/22 at 1:20 pm to
quote:

It's at 29k now. It dropped to 25k around March 1 2020 according to a quick Google search.

Pretty much all the "growth" was fed bought up and fake since then. So it's got at LEAST that far to fall.


I think you mean "since 2008".
Posted by TheFlyingTiger
Member since Oct 2009
3994 posts
Posted on 9/23/22 at 1:22 pm to
quote:

think you mean "since 2008".


Certainly, but people won't accept that DJIA 7000 is possible in 2022.

Until it happens.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119018 posts
Posted on 9/23/22 at 1:22 pm to
I know peoples memories are ultra short, but surely the election in 6 weeks will bring some balance to the stupidity .
Posted by IAmNERD
Member since May 2017
19188 posts
Posted on 9/23/22 at 1:23 pm to
Yep, you're so smart and have everything figured out that no one else does. If you were balling as hard as you claim, you wouldn't be posting on tOT at 1:30 on a Friday. You'd be overseeing the yacht prep and making sure all the ladies have made the trip to hang alright.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66753 posts
Posted on 9/23/22 at 1:33 pm to
why are you soo invested in impressing us with your financial acumen?
Posted by NPComb
Member since Jan 2019
27314 posts
Posted on 9/23/22 at 1:37 pm to
quote:

Recession Looming


quote:

Looming???



Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 9/23/22 at 1:37 pm to
quote:

Yep, you're so smart and have everything figured out that no one else does. If you were balling as hard as you claim, you wouldn't be posting on tOT at 1:30 on a Friday. You'd be overseeing the yacht prep and making sure all the ladies have made the trip to hang alright.


You’re absolutely right. It’s a waste of my time to read TD but I do get some good laughs and day does have its slow moments. But yes, absolute waste of my time relative to a few laughs.

I really was going to try and help in the MT but people weren’t that receptive so I just came back to the OT for the jokes.

I don’t really look at the Political board anymore either. Gets me rilled up too much

Guess I’m just here on the OT because of the funny few. My opportunity cost must be outrageous!
This post was edited on 9/23/22 at 1:41 pm
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 9/23/22 at 1:38 pm to
quote:

why are you soo invested in impressing us with your financial acumen?


I’ve been asking myself this actually. Maybe because it’s funny to me that most of you are so financially illiterate and one dimensional.

Edit: oh it’s you Klark Kent. Are you one of those people that dress up for Comic con or furbabies or whatever it is? Go turn into Superman and fly away.
This post was edited on 9/23/22 at 1:40 pm
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 9/23/22 at 1:41 pm to
This is only transitory according to the Potato head administration
Posted by NPComb
Member since Jan 2019
27314 posts
Posted on 9/23/22 at 1:41 pm to
quote:

impossible. the economy is the healthiest it’s ever been.


Dem politicians were partying as recent as last week. I don't understand how this could happen.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66753 posts
Posted on 9/23/22 at 1:42 pm to
quote:

Edit: oh it’s you Klark Kent. Are you one of those people that dress up for Comic con or furbabies or whatever it is? Go turn into Superman and fly away.


definitely.
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