REAL WORLD EVENT DISCUSSIONS

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Tuesday, July 17, 2018 23:19
SHORT URL:
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Monday, August 7, 2017 8:12 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by 6stringJoker:

The financial crisis that happened then and is still very strong a decade later didn't really effect me all that much. A lot of people I care about were hit pretty hard though.

They can be hurt a second time:

How Bad Will It Be If We Hit The Debt Ceiling?

The odds of a self-inflicted US debt crisis now look pretty good: hard-line Republicans are eager to hold the economy hostage, Democrats are in no mood to make concessions, and Trump is both spiteful and ignorant. So it looks fairly likely that by October or so there will come a day when the U.S. government stops paying some of its bills, including interest on debt.

How bad will that be? The truth is that we don’t know; but it may be helpful to talk about *why* we don’t know.

Until now, US debt has played a special role in the world economy, because it is — or was — the ultimate safe asset, the thing people can use to secure transactions with no questions about it retaining its value. In a way, the dollar is to other moneys as money is to other assets, and US dollar debt is the form in which dollars are held with ultimate safety.

Taking away that role could be very nasty. One prominent interpretation of the 2008 financial crisis is that it was a “safe asset shortage“: when people realized that those AAA securities engineered from subprime loans weren’t the real thing, they scrambled into an inadequate supply of trill safe stuff. Deprive them of dollar debts as safe assets, and terrible things could happen.

The question then becomes whether an interruption in payments would really knock out the special role of U.S. debt.

Suppose that everyone expected normal payments to resume, with back interest, in a couple of weeks. In that case, even a slight discount on, say, Treasury bills would make them a very good investment — so speculators would basically step in and support the value of U.S. debt despite temporary default. In that case default might not be that big a deal.

The big problem would come if investors see the default as more than a temporary glitch — if they see it as a sign of enduring, critical dysfunction in American governance. In that case they wouldn’t necessarily step in to buy our debt, and their confidence in the whole economic edifice would take a severe hit.

https://krugman.blogs.nytimes.com/2017/08/07/how-bad-will-it-be-if-we-
hit-the-debt-ceiling
/

Once upon a time, the boogeymen and naysayers and chicken littles were pointing out the bloated Federal Debt and excessive Democrap spending on Libtard policies and fantasies. Yet they were right.

Somehow, now the Libtards have shifted focus and proclaimed that the Limits to Federal Debt - aka Debt Ceiling - are the impending apocalyptic obstacle which will drive America (and the World) into economic collapse. Apparently Debt Ceiling Increase addiction is worse than crack, coke, horse, or absinthe.

Anybody who is against fiscal control, debt reduction, deficit elimination, spending control is the hero, the goodest of guys.

Any patriot who is for those same items is evil, corrupt, backwards, and the Devil.

Sometimes I wonder if the protection rating for blinders has increased over the years.

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Monday, August 7, 2017 10:42 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:

Once upon a time, the boogeymen and naysayers and chicken littles were pointing out the bloated Federal Debt and excessive Democrap spending on Libtard policies and fantasies. Yet they were right.

Somehow, now the Libtards have shifted focus and proclaimed that the Limits to Federal Debt - aka Debt Ceiling - are the impending apocalyptic obstacle which will drive America (and the World) into economic collapse. Apparently Debt Ceiling Increase addiction is worse than crack, coke, horse, or absinthe.

Anybody who is against fiscal control, debt reduction, deficit elimination, spending control is the hero, the goodest of guys.

Any patriot who is for those same items is evil, corrupt, backwards, and the Devil.

Sometimes I wonder if the protection rating for blinders has increased over the years.

Perhaps the GOP Congress will forever (and I do mean forever, not just for a week or two) not raise the Debt Ceiling since it is a matter of Republican principle. Then we never again have to speculate about the consequences, since everyone (Democrat, Republican, or neither) would finally know for certain if it crashes the stock market. We already know it would crash the bond market, because who would trade federal bonds that don't pay interest?

Maybe interest payments on treasury bonds would be prioritized, which means there wouldn’t be a default on bonds. Instead, Social Security checks and Medicare payments to doctors could be delayed. Decisions, decisions for poor old Trump.

Technically, the Federal Treasury is already in trouble www.treasury.gov/initiatives/Documents/DL_SLGS_20170308_Ryan.pdf

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Friday, August 11, 2017 1:40 AM

JO753

rezident owtsidr


It occured to me today that the higher the Dow, the shorter the slope iz to a big drop. The feeling uv precariousness naturally increasez with the record highz along with the feeling that sumwun haz alredy made alot.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Friday, August 11, 2017 9:18 AM

RIVERLOVE


Quote:

Originally posted by JO753:
It occured to me today that the higher the Dow, the shorter the slope iz to a big drop. The feeling uv precariousness naturally increasez with the record highz along with the feeling that sumwun haz alredy made alot.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com


You've been predicting and cheering for a Dow meltdown since your first post in January.

You've been so WRONG for so long, it's no wonder the ONLY way you can deal with your titanic ignorance is by continuing to be a whiny cunty pisspot.


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Friday, August 11, 2017 9:35 PM

JO753

rezident owtsidr


I'm jus sayin iz all! No need to get insulting.

Do you hav a bunch uv money in it?

Herez a Q for JSF - Looks like Trump iz about to get us into a shooting war with NK, so will it be a + or a - for the stok market?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Saturday, August 12, 2017 9:40 AM

6STRINGJOKER


Nothing is going to happen with North Korea. Nobody there suffers from some sick ideology like Islam, and they're well aware that there is no ROI in starting any shit. No matter what potential consequences that would lead to elsewhere, everybody knows it would end badly for them... including the NK leadership.

Kim's just a tiny little dog with a big bark. He wants attention.


They should open the doors and integrate with South Korea. Then they could enjoy K-Pop and Kim can make the next Gangam Style video and everybody lived happily ever after.


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Saturday, August 12, 2017 5:40 PM

JEWELSTAITEFAN


Quote:

Originally posted by JO753:
I'm jus sayin iz all! No need to get insulting.

Do you hav a bunch uv money in it?

Herez a Q for JSF - Looks like Trump iz about to get us into a shooting war with NK, so will it be a + or a - for the stok market?


That depends.
Is he going to drop million dollar bombs on empty tents like Slick Willie and Bobo?
Is he going to send in boys and girls with bayonets?

Or is he going to have a military plan, abide it, and have a goal or conclusion to shoot for?

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Saturday, August 12, 2017 8:55 PM

JO753

rezident owtsidr


Odd how you skipped over Bush, the guy who dumped a trillion or 2 into Irak.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Thursday, August 24, 2017 10:37 PM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by 6stringJoker:

The financial crisis that happened then and is still very strong a decade later didn't really effect me all that much. A lot of people I care about were hit pretty hard though.

They can be hurt a second time:

How Bad Will It Be If We Hit The Debt Ceiling?

The odds of a self-inflicted US debt crisis now look pretty good: hard-line Republicans are eager to hold the economy hostage, Democrats are in no mood to make concessions, and Trump is both spiteful and ignorant. So it looks fairly likely that by October or so there will come a day when the U.S. government stops paying some of its bills, including interest on debt.


why are you lying?
Are intentionally lying to Fans of Firefly?
Or are you just ignorant enough to regurgitate your spoon fed Libtard fantasies?

The 14th Amendment Section 4 ensures that if the Debt Ceiling is reached, the first payments that will be made will be the debt obligations. The government has a continuous stream of incoming revenues, which easily cover the debt payments. The part that is not before debt obligations is the overbloated wasteful liberal spending, which is why Libtards are apoplectic about the possibility. The government can shut down again and the debt payments will still be made.
The health care Insurance industry can return to it's prior efficencies without the burdensome shackles of Obamacare for a few days, or forever.
Your favorite libtard programs can go on hiatus until a balanced budget gets passed, but the debt payments will still be made.

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Tuesday, August 29, 2017 2:11 AM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I'm jus sayin iz all! No need to get insulting.

Do you hav a bunch uv money in it?

Herez a Q for JSF - Looks like Trump iz about to get us into a shooting war with NK, so will it be a + or a - for the stok market?


That depends.
Is he going to drop million dollar bombs on empty tents like Slick Willie and Bobo?
Is he going to send in boys and girls with bayonets?

Or is he going to have a military plan, abide it, and have a goal or conclusion to shoot for?

sounds like Democrat Peoples Republic of Korea's fat kid launched a missle which violated Japan's airspace.

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Wednesday, August 30, 2017 7:05 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by JO753:
I'm jus sayin iz all! No need to get insulting.

Do you hav a bunch uv money in it?

Herez a Q for JSF - Looks like Trump iz about to get us into a shooting war with NK, so will it be a + or a - for the stok market?

That depends.
Is he going to drop million dollar bombs on empty tents like Slick Willie and Bobo?
Is he going to send in boys and girls with bayonets?

Or is he going to have a military plan, abide it, and have a goal or conclusion to shoot for?

sounds like Democrat Peoples Republic of Korea's fat kid launched a missle which violated Japan's airspace.

Looks like the markets have held steady, following that.

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Wednesday, August 30, 2017 8:08 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:

Looks like the markets have held steady, following that.

I know something that will unsteady the market:

The market expects people with incomes greater than $600,000 to get a $145,000 tax cut.

Incomes less than $228,000 get a $1,180 tax cut.

Less than $40,000 get $320. This is where most people live, but they can't move the stock market because they own very little of it.

Less than $25,300 get $130.

If the $600,000 people do NOT get their $145,000 tax cut, they will crash the stock market out of indignation toward Trump.

https://qz.com/1066112


www.motherjones.com/kevin-drum/2017/08/which-taxes-have-been-choking-a
merican-growth
/

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Thursday, September 14, 2017 7:31 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closes 22,118 today.

That is up 2,386 since taking office. 7 1/2 months ago.

That is a gain of over 12% per annum so far.

For those not so clued on the math concept, that is more than the 8% per year Obama did in his first 2 years - without GOP control of Congress.
And that is like the 12% per year for Bobo's 6 years with GOP control of Congress, despite Bobo having the absolutely easiest period for economic recuperation. Now Trump is adding on top of already historic highs, a much more difficult feat.

Dow closed at 22,203 today.

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Tuesday, September 19, 2017 7:21 PM

JEWELSTAITEFAN


Looks like Dow closed at 22,370 today. Think that's a new all-time high. Lately several all-time highs.

That's up 2,638 since taking office, 8 months ago.

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Wednesday, September 20, 2017 6:33 PM

JEWELSTAITEFAN


Closed 22,412 today.
That's up 2,680 since taking office.
Up 2,412 since this thread title was qualified - which is more than 12% gain since somebody said to Jump Off.

And up 4,080 since election day. That is over 22% gain.

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Wednesday, September 20, 2017 6:53 PM

6STRINGJOKER


That's like the gains I was getting before the bottom fell out at my last job. Nice for the people who have jobs with benefits. Doesn't amount to fuck-all for the rest of us though.

I'm not salty though. It's official. I've now lived in this home long enough that if I was paying rent for a decent apartment in the area I would have spent as much on rent as I paid for this house. Every day I live here now I live practically for free, and whatever I make selling the house is a gain.

Life is pretty copacetic.

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Thursday, September 21, 2017 5:54 AM

RIVERLOVE


I wish it was that simple. As homeowners we also have to pay for property tax, home and appliance repairs, and homeowner's insurance. I got whacked this month with $5,000 in bills for a new water heater and a/c unit. Next up is end of year property tax at around $8,000. After that, new carpeting and bathroom vanities. Sometimes I wish I was a renter with no cares in the world.

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Thursday, September 21, 2017 10:31 AM

6STRINGJOKER


Well... Sorry to hear about your very, very high property taxes, RL. That's one of the things my parents are fleeing from. They pay somewhere around what you do. At 8,000/year, you're paying the Government as much "rent" to own your home as my apartment back in 2009 was costing me every month.

I've still got plenty of things to do on my house, but I've got the rest of my life to do them. Except for some ant-proofing stuff and a drain-pipe leak from the sump pump I'm going to fix before winter, none of them need to be done tomorrow. If the economy ever gets so bad or something happens that I can't afford my $1,150/year property taxes or the occasional fix around my house when I have almost zero monthly bills then we're all screwed anyway, I guess is my thought.

Paying rent is a very big "care". At least it was for me. After I lost what I thought might be the last good job I'll ever have, the idea of pissing away my savings over time on rent receipts was a nightmare to me. Sure, home ownership can be a pain in the ass sometimes, but I don't regret the choice I made.

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Thursday, September 21, 2017 4:53 PM

JEWELSTAITEFAN


I think my Property Taxes are 1,200 on one house and 1,100 on the other. Both are 3 bedrooms.

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Thursday, September 21, 2017 9:52 PM

6STRINGJOKER


Quote:

Originally posted by JEWELSTAITEFAN:
I think my Property Taxes are 1,200 on one house and 1,100 on the other. Both are 3 bedrooms.



That's nice. I'm being taxed for 3 bedrooms, but I've never gotten around to remodeling the basement. Even though the state considers the basement in a tri-level house livable space, I have to argue since if the power goes out or the sump pump fails during a huge storm everything could be flooded again. If I ever make enough money to install a Generac I'll do the basement. Otherwise it's just risky business.

How is your second house the same price? No homestead exemption for the first home you own?

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Monday, October 2, 2017 8:10 PM

JEWELSTAITEFAN


Dow closed 22,557 today.

Up 2,825 since taking office. That is over 14% in 8 1/2 months. Or 20.5% APR.

Up 4,225 since election day. That is over 23%. Did you just increase your retirement account by almost 1/4 in 11 months, or were you out of the market? Many thanks to Ronald W Reagan and Reaganonics. Yes, that is over 25% APR.

Up 2,557 since 20K, when this thread OP said to Jump Off. Over 12.5% of easy money, for not Jumping Off.

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Monday, October 2, 2017 8:12 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6stringJoker:
Quote:

Originally posted by JEWELSTAITEFAN:
I think my Property Taxes are 1,200 on one house and 1,100 on the other. Both are 3 bedrooms.

That's nice. I'm being taxed for 3 bedrooms, but I've never gotten around to remodeling the basement. Even though the state considers the basement in a tri-level house livable space, I have to argue since if the power goes out or the sump pump fails during a huge storm everything could be flooded again. If I ever make enough money to install a Generac I'll do the basement. Otherwise it's just risky business.

How is your second house the same price? No homestead exemption for the first home you own?

Different county. Different tax rate.

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Tuesday, October 3, 2017 4:48 PM

JEWELSTAITEFAN


Dow closed 22,641 today.
Up 2,909 since taking office. Over 14.7% - or 21% APR.

Up 4,309 since election day. Still over 23.5% APR. Which is about TRIPLE the 8% that Bobo accomplished in his first 2 years, with his party controlling Congress. And still about DOUBLE the 12% that Bobo forced citizens to suffer during the 6 years with GOP majority in Congress.

Up 2,641 since 20K. Over 13% gain since then.

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Wednesday, October 4, 2017 12:43 AM

JO753

rezident owtsidr


Not that I'm endorsing any suppozed experts, but herez an expert that agreez with me:



----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, October 4, 2017 9:51 PM

JEWELSTAITEFAN


Dow closed at 22,661 today.

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Thursday, October 5, 2017 4:33 PM

JEWELSTAITEFAN


Dow closed at 22,775 today.
That's 3,043 since taking office. Which is 15.4% in 8 1/2 months, or about 22% APR.

That's 4,443 since election day. Or more than 24% in 11 months. Over 26% APR.



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Thursday, October 5, 2017 4:41 PM

JO753

rezident owtsidr


Thats not proof that the market iznt delusional.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Thursday, October 5, 2017 4:50 PM

JEWELSTAITEFAN


Quote:

Originally posted by JO753:
Thats not proof that the market iznt delusional.

The Stock Market is reality. Cold hard numbers are reality. Math is reality.
Just because your hero Obamination says math doesn't work out the way he thinks it should, aka Libtard math delusions, does not mean math is the wrong side if the argunent - it's the Libtard side that us wrong to pretend math should be biased enough to support Libtard fantasies.

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Thursday, October 5, 2017 5:18 PM

6STRINGJOKER


Oh, I wouldn't go that far.

I don't think the market is any indication at all of how well things are going, at least for regular people.

We've supposedly been out of a recession for years now. It's not any more true today than it was 4 years ago.

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Thursday, October 5, 2017 7:40 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6stringJoker:
Oh, I wouldn't go that far.

I don't think the market is any indication at all of how well things are going, at least for regular people.

We've supposedly been out of a recession for years now. It's not any more true today than it was 4 years ago.

You dispute reality by comparing to Fake News Libtard fantasies like "Obamination ended the recession"? Not logical. Not real. Ween yourself from the koolaid.

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Thursday, October 5, 2017 9:08 PM

6STRINGJOKER


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6stringJoker:
Oh, I wouldn't go that far.

I don't think the market is any indication at all of how well things are going, at least for regular people.

We've supposedly been out of a recession for years now. It's not any more true today than it was 4 years ago.

You dispute reality by comparing to Fake News Libtard fantasies like "Obamination ended the recession"? Not logical. Not real. Ween yourself from the koolaid.



LOL... what are you talking about dude. I didn't buy any of the Liberal bullshit.

I'm just saying now that we're getting bullshit of a different flavor I'm not going to drink that Koolaid either. Absolutely nothing has changed in the last year. The average person is no better off now than it was a year ago, or 4 years ago.

Maybe you should cut consider cutting yourself off.

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Saturday, October 14, 2017 2:39 PM

JEWELSTAITEFAN


Dow closed at 22,871 on Friday.

That is 3,139 since taking office. Which is 15.9% in less than 9 months, about 21.8% APR.

And 4,539 since election day. Which is 24.7% in 11.5 months, or about 26,3% APR.

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Tuesday, October 17, 2017 1:24 AM

JEWELSTAITEFAN


Dow closed today at 22,956. Another all time high.

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Wednesday, October 18, 2017 2:41 PM

JEWELSTAITEFAN


Dow closed Tuesday at 22,997.

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Wednesday, October 18, 2017 7:57 PM

JO753

rezident owtsidr


OK. Jump off wen it gets to 25K.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Thursday, October 19, 2017 12:39 AM

JEWELSTAITEFAN


Dow closed today at 23,157.

That is an increase of 3,425 since taking office. Or over 17% in 9 months, which is 24.4% APR.

And 4,825 since election day. That's a 26.3% in 11.5 months, or 27.5% APR.

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Friday, October 20, 2017 2:13 AM

JEWELSTAITEFAN


Dow closed at 23,163 on Thursday, 19 October.

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Friday, October 20, 2017 1:55 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


The stock market has tended to drop when just about everyone thinks the good times will never end. Some people think we’re hitting “peak giddiness” now. Consider these stats:

63 percent of Americans believe the stock market will be higher a year from now…This is the highest level ever recorded by the survey…60 percent of market experts are bullish and only 15 percent are bearish…The P/E ratio, a widely watched gauge of how expensive the market is, has topped 21 for the Dow…It was 20 heading into the 1987 crash.

Venture capital looks giddy. The stock market looks giddy. Housing prices look giddy.

www.motherjones.com/kevin-drum/2017/10/the-economy-sure-looks-headed-f
or-a-fall
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, October 21, 2017 12:23 AM

JEWELSTAITEFAN


Dow closed at 23,328 today.

An increase of 3,596 since taking office 9 months ago.

And 4,996 since Election Day. That is 27.2% in 11.5 months, or 28.4% APR.

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Saturday, October 21, 2017 3:10 AM

JO753

rezident owtsidr


Keep your eyez on the big guyz. There will be sum event sumwhere that nobody notisez and a wale will start selling. He will probably hav sum reazonable boring explanation ready in case anybody asks - 'tranzitioning to unrelated opportunityz' bloated to a few hundred obfuscating wordz with the purpose uv making everybody think therez nothing going on. But woc how fast he tryz to sell, the prise getting lower & lower at an akselerating rate.

And its not like the orijinal reazon haz to be truly important. All that haz to happen iz investorz start to notis that the wale iz moving, then the smaller fish will follow and in a flash its a stampede, then an avalanche that takes down everything.

A possible trigger just happened. The Senate passed Trump's debt exploder bujet. Hoo cannot see the parallel to Bush jr'z wakadoodle financial poliseez?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, October 25, 2017 12:28 AM

JEWELSTAITEFAN


Dow closed 23,441 today.

An increase of 3,709 since taking office. That's 18.8% in little more than 9 months, or more than 24.8% APR.

And 5,109 since election day. That is over 27.8%, or over 29% APR.

Those are both better that Obama did with 16% in all of his first 24 months, with his Party controlling both Chambers of Congress

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Friday, October 27, 2017 10:32 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed 23,441 today.

An increase of 3,709 since taking office. That's 18.8% in little more than 9 months, or more than 24.8% APR.

And 5,109 since election day. That is over 27.8%, or over 29% APR.

Those are both better that Obama did with 16% in all of his first 24 months, with his Party controlling both Chambers of Congress

There’s less than meets the eye to the Trump stock rally.
German, French, and Japanese stocks are all doing way better. Trump has tweeted at least eight times about the Dow since October 16, but never mentioned that America is lagging behind other markets. I wonder why? I also wonder if Trump will take the blame when the Dow goes down. I predict he won't.

www.vox.com/policy-and-politics/2017/10/27/16547478/trump-rally

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, October 28, 2017 12:34 AM

JEWELSTAITEFAN


Quote:

Originally posted by second:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed 23,441 today.

An increase of 3,709 since taking office. That's 18.8% in little more than 9 months, or more than 24.8% APR.

And 5,109 since election day. That is over 27.8%, or over 29% APR.

Those are both better that Obama did with 16% in all of his first 24 months, with his Party controlling both Chambers of Congress

There’s less than meets the eye to the Trump stock rally.
German, French, and Japanese stocks are all doing way better. Trump has tweeted at least eight times about the Dow since October 16, but never mentioned that America is lagging behind other markets. I wonder why? I also wonder if Trump will take the blame when the Dow goes down. I predict he won't.

www.vox.com/policy-and-politics/2017/10/27/16547478/trump-rally


If Dow goes down it's Obama's fault.

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Friday, November 3, 2017 12:24 AM

JEWELSTAITEFAN


Dow closed at 23,516 today.

An increase of 3,784 since taking office.

And 5,184 since election day. That is almost 28.3% in almost a year. And almost 29% APR.

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Saturday, November 4, 2017 1:52 AM

JEWELSTAITEFAN


Dow closed at 23,539 today.

An increase of 3,807 since taking office. Or 19.3% in 9 1/2 months, or 24.9% APR. This is 3 times the rate that Obamination and the Democraps achieved in their first 2 years.

An increase of 5,207 since Election Day.


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Saturday, November 4, 2017 2:24 AM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 23,157.

That is an increase of 3,425 since taking office. Or over 17% in 9 months, which is 24.4% APR.

And 4,825 since election day. That's a 26.3% in 11.5 months, or 27.5% APR.


This was posted on October 18. The significance I failed to detail was that with 17% gain, in less than 9 months since Trump took office, the Dow increased more than in the whole first 2 years of Obamination and the Democraps.

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Saturday, November 4, 2017 2:48 AM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Should we still jump off?

Looks like all time high of 21,535 was on June 19.

I had to go all the way back to here to find the relevant milestone.
By June 19 the Dow had already climbed past 21,326. Or 16%.
What Obamination and the Democraps allowed to gain in the market in the whole 24 months between Election Days in 2008 & 2010 (the very easiest period to make gains, almost guaranteed), the Dow since Election Day 2016 gained in only 7 1/3 months (during the most difficult period of the market cycle to make gains)

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Tuesday, November 7, 2017 1:07 AM

JEWELSTAITEFAN


Dow closed today at 23,548. Yet another all-time high.


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Wednesday, November 8, 2017 12:21 AM

JEWELSTAITEFAN


Dow closed at 23,557 today.

An increase of 5,225 since Election Day, 364 days ago. Which is 28.5% increase.

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Thursday, November 9, 2017 1:44 AM

JEWELSTAITEFAN


Dow closed today at 23,563.

365 days ago Trump was elected.
That is an increase of 5,231. More than 28.5% gain in one year - the first year after the Democraps were defeated.

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