Oddball
Unobtanium Member
Forget it guys, you don't need to get in the lifeboats....The band's playing in the main ballroom!
Party time!
Party time!
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It has everything to do with the stimulis, but not in the way you think, halfwit.I'm sure this has nothing to do with the stimulus. It is just a coincidence that the Dow Jones reversed its crash within two weeks of the passing of the Stimulus. I guess President Obama just got lucky here because the economy was going to fix itself anyway
The un-stimulating succubus bill re-inflated already overvalued equities, by just printing up a bunch of money. But inflated stock values don't create one dime's worth of produced wealth.
But I guess everything you "know" about economics you heard from Jim Cramer, huh?
QFT
With interest rates at virtually zero there were no good investments so why not pile money into stocks, which had been beaten down.
When rates go up (and they will unless there's an inflation that will make Carter's look like stability) the market will tank. It is over-valued now.
ewwww ewwww the sky is falling ........
Yeah the numbers are all looking a lot better but ewwww ewwwww TRUST ME the sky really is falling.
It has everything to do with the stimulis, but not in the way you think, halfwit.
The un-stimulating succubus bill re-inflated already overvalued equities, by just printing up a bunch of money. But inflated stock values don't create one dime's worth of produced wealth.
But I guess everything you "know" about economics you heard from Jim Cramer, huh?
QFT
With interest rates at virtually zero there were no good investments so why not pile money into stocks, which had been beaten down.
When rates go up (and they will unless there's an inflation that will make Carter's look like stability) the market will tank. It is over-valued now.
Personally I'm going to put my money in a mayonaise jar and bury it out back. Of course once iinflation hits it won't be worth a damn anyway. I can always sell the mayo jar!!
QFT
With interest rates at virtually zero there were no good investments so why not pile money into stocks, which had been beaten down.
When rates go up (and they will unless there's an inflation that will make Carter's look like stability) the market will tank. It is over-valued now.
Personally I'm going to put my money in a mayonaise jar and bury it out back. Of course once iinflation hits it won't be worth a damn anyway. I can always sell the mayo jar!!
Put gold in the jar.
Personally I'm going to put my money in a mayonaise jar and bury it out back. Of course once iinflation hits it won't be worth a damn anyway. I can always sell the mayo jar!!
Put gold in the jar.
Colleague I work with is doing just that. Smart man
How'd NASDAQ make out under Bubba?
How'd NASDAQ make out under Bubba?
It went from about 690 to about 2700. That's in the ballpark of QUADRUPLING.
Do your own research next time (probably before you post would be a good idea).
Stock Market Bull Clinton -- (analysis by Kim Weissman, October 22, 2000).Beginning-to-end comparisons of anything, particularly of the ups and downs of the stock market, can be extremely deceptive, because such simplistic comparisons ignore what went on during the time between the beginning and the end. In fact, the stock market's performance was downright pathetic under Clinton-Gore and the democrat congress' economic policies, and the markets only delivered those large returns after the republican congress took office in January, 1995. In the first two years of the Clinton/Gore administration, with a democrat Congress and pursuing anti-growth democrat economic policies, the DJIA rose from 3310.00 to 3843.90. That's an anemic 7.76% compounded annual return. The OTC was even worse: rising from 696.34 to 755.20, a pathetic 4.14% compounded annual return.
In the first two years after the republicans gained control of the Congress, the DJIA rose from 3843.90 to 6813.10. That's a 33.1% average annual return. The OTC performance was even better: rising from 755.20 to 1379.85, a 35.2% average annual return. In the second two year period of the republican controlled Congress, the DJIA rose another 37.36%, from 6813.10 to 9358.80, an average annual return of 17.2%. And in the second two year period of the republican controlled Congress, the OTC rose 81.61%, from 1379.85 to 2505.89, an average annual return of 34.8%.
To summarize: the average annual stock market return (compounded annual rate of increase):
Dow Jones Industrial Average: under Clinton/Gore: 7.8%; under the republican controlled Congress: 25%.
NASDAQ (OTC): under Clinton/Gore: 4.1%; under the republican controlled Congress: 35%.
It was over 5,000 at one time, and you know it.How'd NASDAQ make out under Bubba?
It went from about 690 to about 2700. That's in the ballpark of QUADRUPLING.
Do your own research next time (probably before you post would be a good idea).
How'd NASDAQ make out under Bubba?
It went from about 690 to about 2700. That's in the ballpark of QUADRUPLING.
Do your own research next time (probably before you post would be a good idea).
How'd NASDAQ make out under Bubba?
It went from about 690 to about 2700. That's in the ballpark of QUADRUPLING.
Do your own research next time (probably before you post would be a good idea).
I enjoy the arrogance of dufuses like NYcarbuncle:
But, still, a second look seems indicated:
Stock Market Bull Clinton -- (analysis by Kim Weissman, October 22, 2000).Beginning-to-end comparisons of anything, particularly of the ups and downs of the stock market, can be extremely deceptive, because such simplistic comparisons ignore what went on during the time between the beginning and the end. In fact, the stock market's performance was downright pathetic under Clinton-Gore and the democrat congress' economic policies, and the markets only delivered those large returns after the republican congress took office in January, 1995. In the first two years of the Clinton/Gore administration, with a democrat Congress and pursuing anti-growth democrat economic policies, the DJIA rose from 3310.00 to 3843.90. That's an anemic 7.76% compounded annual return. The OTC was even worse: rising from 696.34 to 755.20, a pathetic 4.14% compounded annual return.
In the first two years after the republicans gained control of the Congress, the DJIA rose from 3843.90 to 6813.10. That's a 33.1% average annual return. The OTC performance was even better: rising from 755.20 to 1379.85, a 35.2% average annual return. In the second two year period of the republican controlled Congress, the DJIA rose another 37.36%, from 6813.10 to 9358.80, an average annual return of 17.2%. And in the second two year period of the republican controlled Congress, the OTC rose 81.61%, from 1379.85 to 2505.89, an average annual return of 34.8%.
To summarize: the average annual stock market return (compounded annual rate of increase):
Dow Jones Industrial Average: under Clinton/Gore: 7.8%; under the republican controlled Congress: 25%.
NASDAQ (OTC): under Clinton/Gore: 4.1%; under the republican controlled Congress: 35%.
True as that may be, the uptick didn't come as a product of pumping a zillion dollars of fake value into the system, in order to prop up price bubbles.The market is up the most since 2003, which was also the bottom of the recession. Usually, the best moves for the market are when investors anticipate the end of the recession.
I'm sorry...I was all wrong.
I suggest you invest ALL your money into the market, now that it's all better.
Don't worry if it comes down a bit, though...That'll just be a little correction.
True as that may be, the uptick didn't come as a product of pumping a zillion dollars of fake value into the system, in order to prop up price bubbles.The market is up the most since 2003, which was also the bottom of the recession. Usually, the best moves for the market are when investors anticipate the end of the recession.