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Message

re: If the Dow breaks 27k today we'll only be 2k off the all time high

Posted on 6/5/20 at 9:18 am to
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2849 posts
Posted on 6/5/20 at 9:18 am to
quote:

Hello, inflation.


You’re being downvoted but you are not wrong. Better than expected economic numbers is great news. In light of the massive amount of money that has been created and injected into the economy, the catch is that inflation is more likely the faster our economy recovers.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 6/5/20 at 9:19 am to
I guess the kung flu coverage is about to go back to 11
Posted by Crimsonians
Member since Nov 2019
1585 posts
Posted on 6/5/20 at 9:19 am to
You know what was not fake? Trump's economy before the virus.
Posted by Roger Klarvin
DFW
Member since Nov 2012
46511 posts
Posted on 6/5/20 at 9:21 am to
Weird

It’s almost like some of us tried to calm the rest of you down by telling you this market and employment dip was not organic and would reverse almost immediately when this started opening back up

fricking doomsday pussies the lot of you
Posted by SirWinston
PNW
Member since Jul 2014
81750 posts
Posted on 6/5/20 at 9:22 am to
This is amazing.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 6/5/20 at 9:22 am to
quote:

fricking doomsday pussies the lot of you



I know, kind of like those nervous types who believe every hydroxycloroquine "study" they see.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78086 posts
Posted on 6/5/20 at 9:28 am to
quote:

put another way...obama's recovery was fake. so is trumps.


ok my bank statements say otherwise.
Posted by Roger Klarvin
DFW
Member since Nov 2012
46511 posts
Posted on 6/5/20 at 9:28 am to
I’ve forgotten more about COVID and the economy than you will ever know you scrawny little runt. Suck my dick bitch.
This post was edited on 6/5/20 at 9:29 am
Posted by 2Yutes
BR
Member since Oct 2018
2183 posts
Posted on 6/5/20 at 9:31 am to
Not even Domestic Terrorists can stop the Trump Train! LOL

He’s unquestionably the best economic President of the USA’s modern era.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 6/5/20 at 9:31 am to
quote:

I’ve forgotten more about COVID and the economy than you will ever know you scrawny little runt. Suck my dick bitch.




embarrassed much?

Let it flow bitch

You sure as shite forgot that shite thread you started.
Posted by Oilfieldbiology
Member since Nov 2016
37520 posts
Posted on 6/5/20 at 9:32 am to
quote:

We’re breaking 30k before the election


If this happens, holy fricking shite that would be incredible.
Posted by Pianoman
New Iberia
Member since Dec 2003
2874 posts
Posted on 6/5/20 at 9:32 am to
Yep, wish I had money in there and this is great for Trump as you know Nervous Nancy, Cryin' Chuck, etc. just can't believe that they keep striking out against Trump.
Posted by Oilfieldbiology
Member since Nov 2016
37520 posts
Posted on 6/5/20 at 9:35 am to
quote:

ou 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.


Or it could be that we just had the largest job growth month since 1939 and there is positivity surrounding the market finally?
Posted by 2Yutes
BR
Member since Oct 2018
2183 posts
Posted on 6/5/20 at 9:36 am to
quote:

you know Nervous Nancy, Cryin' Chuck, etc. just can't believe


Yep. Get ready. They will dial up even more turmoil as the Dow creeps back. Book. That.
Posted by Oilfieldbiology
Member since Nov 2016
37520 posts
Posted on 6/5/20 at 9:37 am to
quote:

It’s almost like some of us tried to calm the rest of you down by telling you this market and employment dip was not organic and would reverse almost immediately when this started opening back up fricking doomsday pussies the lot of you


V recovery baby
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2849 posts
Posted on 6/5/20 at 9:45 am to
quote:

You know what was not fake? Trump's economy before the virus.


Okay? Yea Trump has done well for the economy. That’s why I’m voting for him again.

Why is it that if anyone even slightly says anything straying from the poli-board hive mind people assume they are a liberal or anti trump. Is it that difficult to think outside of stupid binary partisanship?
Posted by loogaroo
Welsh
Member since Dec 2005
30645 posts
Posted on 6/5/20 at 9:45 am to
it broke 27k
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15716 posts
Posted on 6/5/20 at 9:47 am to
quote:

quote:
Hello, inflation.


You’re being downvoted but you are not wrong. Better than expected economic numbers is great news. In light of the massive amount of money that has been created and injected into the economy, the catch is that inflation is more likely the faster our economy recovers.


People can downvote away. The underlying fundamentals don’t justify a return to previous levels because businesses haven’t returned to normal. There’s no discount being applied for lower earnings, etc., in the interim.

People could argue that the bar was lowered for all classes of investments due to COVID, which isn’t necessarily wrong. But if that’s the case and asset price levels are higher than they otherwise would be... inflation.
Posted by KemoSabe65
70605
Member since Mar 2018
5145 posts
Posted on 6/5/20 at 9:51 am to
Literally hunted erryday
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 6/5/20 at 9:56 am to
It's broke. 27085.00

I went deep with BA in March on a good tip.

My years in planning safari might, just, happen, despite best efforts of covid & rioters.
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