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Tired of winning yet...muh Dow Jones high again

Posted on 6/16/17 at 8:54 pm
Posted by Andychapman13
Member since Jun 2016
2728 posts
Posted on 6/16/17 at 8:54 pm
The Dow Jones hit another all time high again today, how many have we had this year? Trump in Miami with Rubio and the Cuban element down there locking up Fla for 2020. I saw Bill Cassidy at my kids school today, so assume HC is in a good place, keep up the work, MSM, keep up the great work!
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 6/16/17 at 8:56 pm to
Enough about all that crap, lets talk about the Russians.


Posted by goofball
Member since Mar 2015
16855 posts
Posted on 6/16/17 at 8:56 pm to
But Muh Russians! Muh KKK! Muh hackers!
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75161 posts
Posted on 6/16/17 at 8:56 pm to
How does this work with the stock market? When Obama was still in office and the market was doing well, if you were anti Obama people would say the president has nothing to do with the market. As ardent Trump supporters, is it now ok to give the president credit for the raging market? Seems disingenuous to me, to say the least.
Posted by someoneBEE
Member since Aug 2016
698 posts
Posted on 6/16/17 at 8:56 pm to
As much as I like Trump, but Stock Market is not really a very good indicator of how well the economy is doing.
Posted by autodd03
Clown world
Member since Dec 2013
2532 posts
Posted on 6/16/17 at 8:59 pm to
quote:

How does this work with the stock market? When Obama was still in office and the market was doing well, if you were anti Obama people would say the president has nothing to do with the market. As ardent Trump supporters, is it now ok to give the president credit for the raging market? Seems disingenuous to me, to say the least.



x1000

The fed has more to do with markets than politics anyway
Posted by Andychapman13
Member since Jun 2016
2728 posts
Posted on 6/16/17 at 9:03 pm to
Obama threw a trillion dollar stimulus at the economy, it was bound to recover! As far as the fed, it has reached all time highs 2 days in a row after we raised the interest rate a full point. His de-regulation has made business growth WAY more attractive, hence why it grew so much the 2 months between election and inaguaration.
Posted by MastrShake
SoCal
Member since Nov 2008
7281 posts
Posted on 6/16/17 at 9:07 pm to
which is good news for banks and corporations. it means little to nothing for the people and the economy.

even breitbart knows that...

Even As Stocks Push Higher, Clouds Gather For The U.S. Economy

and bloomberg...

Temperature of U.S. Economy Running Cooler Than Forecast

"winning"
This post was edited on 6/16/17 at 9:09 pm
Posted by autodd03
Clown world
Member since Dec 2013
2532 posts
Posted on 6/16/17 at 9:10 pm to
quote:

Obama threw a trillion dollar stimulus at the economy, it was bound to recover!


Trump has promised the same
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27011 posts
Posted on 6/16/17 at 9:12 pm to
Obama wasn't responsible for the rally from 2009 to 2017. Trump isn't responsible for the rally from 2017 on.

Please stop it.
Posted by SirWinston
PNW
Member since Jul 2014
81412 posts
Posted on 6/16/17 at 9:13 pm to
Good day for our hero
Posted by swlaLSUfan
Louisiana
Member since Nov 2009
3579 posts
Posted on 6/16/17 at 9:14 pm to
Is the US debt going down?
Posted by Andychapman13
Member since Jun 2016
2728 posts
Posted on 6/16/17 at 9:17 pm to
We have to wait and see what the first budget looks like. I know if Trump got the budget he wants my pocketbook would look more attractive and unless you're a leach of society, yours probably would too!
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98566 posts
Posted on 6/16/17 at 9:23 pm to
And with thw Fed raising rates
Posted by skiptumahloo
Member since Mar 2017
714 posts
Posted on 6/16/17 at 10:26 pm to
The stock market did better under Obama than it did under any president since WWII except for FDR and Clinton. Funny how y'all never gave him credit for all the highs that occurred in his watch.

Oh wait, I forgot. The market success under Obama was all faked and yet the media that supposedly hates Trump and tells lies to hurt him has just forgotten to start faking the numbers in the other direction. Y'all should write an economics textbook. Maybe you can coin some more totally original terms like Trump did with "priming the pump."
Posted by LSUTANGERINE
Baton Rouge LA
Member since Sep 2006
36113 posts
Posted on 6/16/17 at 10:35 pm to
So glad that he keeps up the winning that really took off under Obama

Before Obama


During Obama
This post was edited on 6/16/17 at 11:24 pm
Posted by AUstar
Member since Dec 2012
16995 posts
Posted on 6/17/17 at 5:15 am to
quote:

As much as I like Trump, but Stock Market is not really a very good indicator of how well the economy is doing.




Jobs are, though. Even the NYT will admit it:

"Jobless Rate at 10-Year Low as Hiring Grows and Wages Rise"

That's a NYT headline from May 5th of this year.

WSJ reports that the unemployment rate is at its lowest level since 2001.
Posted by Crimson Wraith
Member since Jan 2014
24728 posts
Posted on 6/17/17 at 5:24 am to
The dear leader was propped up several times by our gubment printing trillions of dollars. QE1, QE2, QE3 ...

When the markets reset they will lose at least a 1/3 of their value, if not more, and the MSM will blame MAGA for it.

Posted by Zach
Gizmonic Institute
Member since May 2005
112423 posts
Posted on 6/17/17 at 8:33 am to
I don't care if Nancy Pelosi gets the credit. My stock value increases have averaged 3K per month since the Nov. election.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27011 posts
Posted on 6/17/17 at 8:50 am to
quote:

I don't care if Nancy Pelosi gets the credit. My stock value increases have averaged 3K per month since the Nov. election.


How much of your portfolio is still in equities, old man? We need to have a talk
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