DOW Bust 28,000 for the First Time Ever - MAGA!

Meathead

Diamond Member
Jan 6, 2012
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Prague, Czech Republic
The crashing economy Dems have been praying for might not happen yet: :)

Dow Jones Industrial Average
INDEXDJX: .DJI
FollowFollowing
28,036.22 +31.33 (0.11%)
11/18/16 4:56 PM EST ·
 
The stock market rise has nothing to do with Trump’s economy, and everything to do with Federal Reserve monetary policy, but you are welcome to believe what ever you like.
 
The crashing economy Dems have been praying for might not happen yet: :)

Dow Jones Industrial Average
INDEXDJX: .DJI
FollowFollowing
28,036.22 +31.33 (0.11%)
11/18/16 4:56 PM EST ·
/——/ Dems are so puzzled at the rising Dow, they kicked the cat against the kitchen wall.
 
The stock market rise has nothing to do with Trump’s economy, and everything to do with Federal Reserve monetary policy, but you are welcome to believe what ever you like.
The Fed alone can manipulate the DOW?

Weird stuff. Very weird stuff, but hey, this is USMB.

You think you’re being clever, but you are actually exhibiting your ignorance. Nothing weird about that.
 
The stock market rise has nothing to do with Trump’s economy, and everything to do with Federal Reserve monetary policy, but you are welcome to believe what ever you like.
continuing attacks on unneeded and costly regulation has an extremely long foot print. Trump has helped trigger safer and lower cost house building here in FL just trigger FBC compliant housing kits and/or manufactured housing. 180 MPH resistant housing no longer must be built in FL. Interstate commerce is a federal domain.
 
The stock market rise has nothing to do with Trump’s economy, and everything to do with Federal Reserve monetary policy, but you are welcome to believe what ever you like.
continuing attacks on unneeded and costly regulation has an extremely long foot print. Trump has helped trigger safer and lower cost house building here in FL just trigger FBC compliant housing kits and/or manufactured housing. 180 MPH resistant housing no longer must be built in FL. Interstate commerce is a federal domain.

I’m not sure the footprint of easing those regulations is pushing the stock markets to these absurd levels. I’m not an expert, but Warren Buffett sure as hell is, and Berkshire is sitting on over $120 billion in cash while the Buffet Indicator (market cap/gdp) is in the danger zone. The really smart money sees no value at these prices.

2A734C0C-658B-481B-B5CB-F4936E3E6AF6.png
 

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