More Economic GOOD NEWS: Stocks log strongest 1st Quarter in 12 years

Discussion in 'Economy' started by rightwinger, Apr 1, 2010.

  1. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Stocks log strongest 1st quarter in 12 years - USATODAY.com

    Don't be lulled by the lazy calm that has settled over Wall Street the past several weeks. The stock market is on a roll.
    Stocks are coming off their best first-quarter performance in a dozen years, up 4.9% year-to-date, says Standard & Poor's. It's the fourth consecutive up quarter, the market's best streak since the five-quarter run that ended after the third quarter of 2007, based on the broad Wilshire 5000 index.

    The quarter's gains might not seem like much considering the jumps during the past three quarters as stocks roared back from bear market lows. Remember, though, that halfway through this quarter the market was on the verge of its first correction, or drop of 10%, since the bull market began.

    The market's strong performance during the first quarter has some investors believing the momentum can last, especially since the first quarter historically hasn't been one of the market's best.
     
    Last edited: Apr 1, 2010
  2. Truthmatters
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    The rumor is the job report is going to show an up tick
     
  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Should be stable and maybe a slight decrease
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Praise Allah who has blessed his loyal servant with the wisdom to guide the American economy back to health!

    Allah Akbar! Hope! Change! Yes He Can! He Really Can!
     
  5. Truthmatters
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    So you hate all Muslims huh?

    Do you also hate the muslim Americans who have fought and died for this country?
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    So Bush was right after all, we should have partially privatized Social Security.

    After all the bleating and whining and gnashing of Lib teeth, they finally admit to the wisdom of Dubya.
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Sally Swallows, what the fuck are you talking about?
     
  8. California Girl
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    When you are intelligent enough to recognize that you do exactly the same thing with conservatives, then - and only then - can you whine at anyone else about 'hate'. Idiot.
     
  9. saveliberty
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    saveliberty Diamond Member

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    For most middle class Americans who had their money in retirement plans, this just represents a return of their principal, not growth. For some, it means nothing, because they pulled retirement funds to keep in their homes during their job loss. Basically, this is just more disconnect of Wall Street, as most Dow Industrial stocks will have the same problems with the health care bill AT&T and Verizon have announced.
     
  10. Truthmatters
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    And you love liberals huh?

    half my family are conservatives.

    They are just smarter and nicer than you.
     

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