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Started By
Message
If the Dow breaks 27k today we'll only be 2k off the all time high
Posted on 6/5/20 at 7:54 am
Posted on 6/5/20 at 7:54 am
Maybe y'all can find a few more statues to topple and a few more targets to loot and that will do it.
19
Posted on 6/5/20 at 7:55 am to CAD703X
We’re breaking 30k before the election
Posted on 6/5/20 at 7:58 am to CAD703X
7% ain’t shite for this economy ready to boom again. It’ll be there before the end of q3
Posted on 6/5/20 at 8:01 am to CAD703X
They say things come in threes. Our economy has hit a pandemic roadblock and a riotous/looting roadblock yet our economy appears ready to bounce back. Any ideas on what roadblock number three might be before November?
Posted on 6/5/20 at 8:03 am to CAD703X
The Dow is clearly racist to be going up while black people are dying in the streets
Posted on 6/5/20 at 8:08 am to CAD703X
27k?
Why not 28k today?
Why not 28k today?
Posted on 6/5/20 at 8:19 am to CAD703X
Hello, inflation.
Posted on 6/5/20 at 8:22 am to TerryDawg03
quote:
Hello, inflation.
At some point that will be done to "pay" our national debt.
hopefully after I am dead
Posted on 6/5/20 at 8:25 am to gthog61
brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Posted on 6/5/20 at 8:27 am to CAD703X
Yeah, I made a huge mistake of pulling out......I really thought the market would be rebounding bigly by late summer, I just never thought it would sustain all the bad indicators.
What do I know.
What do I know.
Posted on 6/5/20 at 8:29 am to Homesick Tiger
quote:Natural disaster is my bet. Big arse hurricanes in the Gulf and East coast
Any ideas on what roadblock number three
Posted on 6/5/20 at 8:30 am to CAD703X
What you have is a USSR system, the Fed/government is picking winners and loser... there is nothing great about this. Heck, if you print trillions the stock market will go up, the problem is free enterprise has been completely destroyed.
Here is the Venezuela stock index for a comparison.
LINK
My guess is all of this will end very badly.
Here is the Venezuela stock index for a comparison.
LINK
My guess is all of this will end very badly.
This post was edited on 6/5/20 at 8:33 am
Posted on 6/5/20 at 8:32 am to CAD703X
my 401k is pacing faster than the stock market for recovery. I am above what it was back in late december beginning of january before it started going down.
Posted on 6/5/20 at 8:32 am to CAD703X
This lack of a disaster is a disaster for dems.
Posted on 6/5/20 at 8:39 am to Gables Cane
quote:
Conservatives... "my nation is on fire, I can't comprehend the world my grandchildren will be in, but muh stonks look good!"
Yeah, they really aren't thinking things through. The stock market is trading like they do in third world countries = success.
Its very bizarre. They say people were partying when Rome was burning, I tend to believe that actually might be true every time I see this stock is up stuff. The stock market is going up because the fed is buying up stuff, not because of economic activity - much of the system doesn't even exist.
Posted on 6/5/20 at 8:48 am to Gables Cane
quote:
Member since Jun 2020
47 posts
quote:
but muh stonks look good!"
post less.
Posted on 6/5/20 at 8:48 am to CAD703X
Once we see stabilized unemployment at 10%+ I expect it to drop again.
Posted on 6/5/20 at 8:49 am to CAD703X
Time traveling Trump was right. We will be bigger, better and stronger post Covid.
Posted on 6/5/20 at 9:01 am to CAD703X
you guys celebrating this really don't get it. sure, i want my 401k and everything else up too. but i don't want socialized equities. i want REAL growth, GDP, employment, and prosperity. we hate government handouts and welfare....well what do you think this is? printing money to pump stocks. it is NOT political. it is now necessary because if stocks go down reality takes over and everything collapses.
central banks printed us out of 2008 and have done nothing but escalate and amplify. it's only working because the dollar is the world reserve currency...for now. puts it in a VERY perilous position. i don't know why this board is so against trying understand what's happening. makes the libertarian in me die inside.
central banks printed us out of 2008 and have done nothing but escalate and amplify. it's only working because the dollar is the world reserve currency...for now. puts it in a VERY perilous position. i don't know why this board is so against trying understand what's happening. makes the libertarian in me die inside.
Posted on 6/5/20 at 9:02 am to Squidbaggins32
put another way...obama's recovery was fake. so is trumps. the fed is the most powerful institution in the world.
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