As the Impeachment is delivered, the Dow broke 29,000. Impeachment has strengthened the market.

Discussion in 'Current Events' started by Persistence Of Memory, Jan 15, 2020.

  1. Persistence Of Memory
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    Persistence Of Memory VIP Member

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  2. toobfreak
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    toobfreak Gold Member

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    Isn't China in the middle of signing the trade deal today as well?

    It seems that the more Democrats attack Donald, the better things work out for him.

    Maybe they should try praising him on every front page -- -- -- his whole campaign would probably fall apart.
     
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  3. Persistence Of Memory
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    Persistence Of Memory VIP Member

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    Maybe he should be impeached every year. Obviously investors like it.
     
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  4. two_iron
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    two_iron Active Member

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    Obviously the smart money is laughing off the idiotic shtick from the likes of Nanzi and Adam Shitt.
     
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  5. georgephillip
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    georgephillip Platinum Member Supporting Member

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    What role did the Fed play in today's record market?

    JPMorgan’s Historic Earnings Confirm that Fed Loans Are Subsidizing Profits on Wall Street

    "The New York Fed is back to subsidizing billions of dollars in profits at Wall Street’s trading houses, just as it did during the financial crisis.

    "Yesterday, JPMorgan Chase reported that its profits for the quarter ending December 31, 2019 hit an all-time record. (The bank has been around for more than a century, so that’s saying something.)

    "The quarterly profits were $8.52 billion – for the same three-month period in which the New York Fed has been flooding unnamed Wall Street trading houses with hundreds of billions of dollars each week in super cheap loans."
     
  6. JimBowie1958
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    JimBowie1958 Old Fogey

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    DOW 30,000!
     
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  7. Claudette
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    Claudette Platinum Member

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    People know this impeachment is a shit show and most are ignoring the whole thing.

    People playing the market are making money. They sure don't give a rats ass about Pelousy's shit show.
     
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  8. Persistence Of Memory
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    Persistence Of Memory VIP Member

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    I've been watching very closely. It is fascinating watching a Major Political Party collapse in slow-mo right in front of you.

    To watch sane people go totally hysterically Mad...She/He/It is the Poster Child of Liberals.



    This is the best sound i've ever heard on this. I laugh harder every time.
     
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  9. Crepitus
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    Crepitus Gold Member

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    QE-4. The China thing is a joke. Two years ago they were buying $15 billion in ag product alone, now we're supposed to be excited that they are gonna buy $3 billion all in? Great deal dOn.
     
  10. Crepitus
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    Crepitus Gold Member

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    You are confused. The party in collapse is the one who let a foreign country pick their candidate, and follow him slavishly. Even to the point of believing his outrageous lies.
     
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