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Good news: US economy recovering Login/Join 
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Picture of HerrBerg
posted
NASDAQ only down 1.44% so far today.


Write hard and clear about what hurts
-E. Hemingway
 
Posts: 1897 | Location: Stockholm, Sweden | Registered: 18 March 2002Reply With Quote
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quote:
Originally posted by HerrBerg:
NASDAQ only down 1.44% so far today.


it is getting better ... maybe in 4 years it will start to be positive again ...
 
Posts: 3321 | Location: Whitehorse, Yukon, Canada. | Registered: 21 May 2006Reply With Quote
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It's all to the credit of our wise, strong, committed leadership.
 
Posts: 7755 | Location: Coeur d' Alene, Idaho, USA | Registered: 08 March 2013Reply With Quote
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The stock market is so full of hot air, it's comical. The recovery will not be so comical.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
 
Posts: 15429 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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Picture of HerrBerg
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-1,89%, it looks like the Grösster Negotiator Aller Zeiten woke up and found his twitter app now.


Write hard and clear about what hurts
-E. Hemingway
 
Posts: 1897 | Location: Stockholm, Sweden | Registered: 18 March 2002Reply With Quote
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Picture of M.Shy
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Obama crashed and burned market under his watch
Sure you can say it was Bush’s fault but it it happened under Obama
Now markets is heading downward under Trump, sure it maybe could have been already in makings under Biden
Reality is, it’s down and time will tell


Never been lost, just confused here and there for month or two
 
Posts: 1188 | Location: Idaho, Montana, Washington and Europe at times | Registered: 24 February 2024Reply With Quote
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Picture of MJines
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Good point, imposing on again/off again tariffs, snuggling up to Putin, dumping historic allies, firing and rehiring people, increasing the possibility of a recession . . . that has nothing to do with Trump.


Mike
 
Posts: 22630 | Registered: 03 January 2006Reply With Quote
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quote:
Originally posted by M.Shy:
Obama crashed and burned market under his watch
Sure you can say it was Bush’s fault but it it happened under Obama
Now markets is heading downward under Trump, sure it maybe could have been already in makings under Biden
Reality is, it’s down and time will tell


Actually the biggest part of the decline occurred under Bush, before Obama was elected.

https://en.wikipedia.org/wiki/...of_2007%E2%80%932009

By the time Obama termed out, the market had recovered and surpassed its previous record high.

January 20, 2005 DJIA was 10471 (Bush Term 2 starts)
January 20, 2009 DJIA was 7949 (Bush Terms out, Obama Term 1 starts)
January 21, 2013 DJIA was 13649 (Obama Term 2 starts)
January 20, 2017 DJIA was 19827 (Obama Terms out)

Our current market is overvalued and needs revalued regardless of Trump.
Trump may take the rap for a decade of low interest rates and silly P/E ratios.

If we are looking for inflation, we need look no further than the price of a retirement income from dividends.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
 
Posts: 15429 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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Portugal apparently just cancelled its F35 order.

Citing unreliability of its US ally.
 
Posts: 5499 | Location: South Island NZ | Registered: 21 July 2008Reply With Quote
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Picture of jdollar
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The stock market likes stable policy coming from Washington. These last 2 months have been anything but stable. And it’s blatantly obvious the instability will continue. 2020


Vote Trump- Putin’s best friend…
To quote a former AND CURRENT Trumpiteer - DUMP TRUMP
 
Posts: 13982 | Location: Georgia | Registered: 28 October 2006Reply With Quote
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Picture of HerrBerg
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https://www.outono.net/elentir...n-us-foreign-policy/


Write hard and clear about what hurts
-E. Hemingway
 
Posts: 1897 | Location: Stockholm, Sweden | Registered: 18 March 2002Reply With Quote
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