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According to FBN the Dow has hit 9 record highs in 2019...DimMedia doesn't care.

Posted on 11/26/19 at 2:44 pm
Posted by Bass Tiger
Member since Oct 2014
53709 posts
Posted on 11/26/19 at 2:44 pm
That's a decent number of record highs for one year and Dow records are generally newsworthy. I guess the DimMedia has decided a good economy and a soaring market are bad for Dim politics, the good news must be suppressed. I would guess if you added in the NASDAQ and S+P the number of records is probably over 50, it's just not newsworthy.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 11/26/19 at 2:45 pm to
Why do you think the narrative against wealth is so evident today?
Posted by Bunyan
He/Him
Member since Oct 2016
20931 posts
Posted on 11/26/19 at 2:46 pm to
Remember when Democrats were BEGGING for a recession?

How embarrassing
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138096 posts
Posted on 11/26/19 at 2:47 pm to
The Dem nominees assured me this wasn't good because this economy doesn't work for everyone.
Posted by roadGator
Member since Feb 2009
154579 posts
Posted on 11/26/19 at 2:48 pm to
Dims didn’t care when the Obama economy didn’t work for everyone. Weird
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138096 posts
Posted on 11/26/19 at 2:51 pm to
The economy is only doing well because Trump inherited Obama's booming economy!!!!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93338 posts
Posted on 11/26/19 at 2:52 pm to
Will hit 40k then implode
Posted by Langland
Trumplandia
Member since Apr 2014
15382 posts
Posted on 11/26/19 at 2:53 pm to
quote:

DimMedia doesn't care


The Dem media if their Boy King messiah was still president...

Posted by Redbone
my castle
Member since Sep 2012
20617 posts
Posted on 11/26/19 at 2:54 pm to
quote:

.DimMedia doesn't care.
Imagine that.
Posted by Bass Tiger
Member since Oct 2014
53709 posts
Posted on 11/26/19 at 2:55 pm to
quote:

The Dem nominees assured me this wasn't good because this economy doesn't work for everyone.


That's funny isn't it? There are still more job openings than bodies to fill them.
Posted by ManBearTiger
BRLA
Member since Jun 2007
22315 posts
Posted on 11/26/19 at 3:09 pm to
quote:

2019...DimMedia doesn't care


Actually, it enrages the piss out of them. It's one of the biggest reasons full on socialism is being thrust front and center
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
50832 posts
Posted on 11/26/19 at 3:13 pm to
Dow is up 57% since Trump won the election. That's an average of about 19% a year.

Obama doubles the stock market in his eight years, but it took him five and a half years to make up for the 35% drop in the stock market from the year before under Bush.

That was an average of 12.5% a year.

I like guys with 19% a year better.

Posted by keakar
Member since Jan 2017
30152 posts
Posted on 11/26/19 at 3:29 pm to
MSM - trump didnt do that, obama did it and OMB is just trying to undeservedly take credit for it
Posted by Squidbaggins32
Colorado
Member since Nov 2019
78 posts
Posted on 11/26/19 at 3:29 pm to
i've read TD for years...as the plains burn days. finally made an account. i voted for trump and i'll vote for him again in 2020.

that said, the federal reserve is 90% responsible for stock market gains during the obama years, they're responsible for the turmoil last year, and they're responsible for every single bit of the pump to all time highs this year. donald can only take credit for telling us the china deal is "just around the corner" every other day.

equities respond ONLY to the guidance given by the fed. interest rates and how much theyre going to spend on treasuries (QE4 just started) are all that matter. inflation be damned. it's not a left vs right thing....they have too much power.

Posted by WestSideTiger
Baton Rouge
Member since Jan 2004
4897 posts
Posted on 11/26/19 at 3:42 pm to
100th record close under Trump

Fox Business


Posted by Bass Tiger
Member since Oct 2014
53709 posts
Posted on 11/26/19 at 3:45 pm to
You’re right about Obammy’s Fed economy, you’re wrong about Trump’s economy. Trump is making trade deals with an America first focus. Trump has given both businesses and Americans in general a decent tax cut. Trump has lightened the stifling regulatory environment for many businesses. Trump is doing everything he can to keep this economy rolling while the Dims are scheming and hoping to derail the economy.....Bill Maher allowed everyone to see how the Prog/Dim mind works when he stated if the economy tanking removes Trump from office then bring on the recession.....Maher also let Americans know what the Prog/Dim elites think of regular Joe Democrats sacrificing their employment if it helps to remove Trump from office.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57894 posts
Posted on 11/26/19 at 4:01 pm to
Amazing how that's happened during MUH INVERTED YIELD CURVES!111 recession.
Posted by Squidbaggins32
Colorado
Member since Nov 2019
78 posts
Posted on 11/26/19 at 4:02 pm to
none of those things are false. those things are all good for the economy. this is why i am and continue to be pro-trump.

but none of them are tied to equities currently sitting on the moon. equities are not the economy. they tanked in 2018 because the fed tried to send the message that they'd continue to retrace the years of "emergency measures" implemented via QE. wall street didn't like it, the fed caved and reversed course and here we are.

stocks have currently been on a TEAR since october 11th...what happened then?

LINK

global equities are unsustainably high without constant intervention from the fed and other central banks. it works until it doesn't, and i wouldn't be surprised to see them pull the rug and pin the blame on donald.
Posted by Squidbaggins32
Colorado
Member since Nov 2019
78 posts
Posted on 11/26/19 at 4:05 pm to
we arent out of the woods here, unfortunately. the recession comes after the curve un-inverts. set this chart to max:

LINK
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56123 posts
Posted on 11/26/19 at 4:10 pm to
quote:

Dim politics


They're too busy fighting for dudes who want to be women so they can piss in a lady's restroom at KFC. Priorities my friend.
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