Stocks soar as confidence builds

What I don't get is the emphasis on domestic politics in this thread. What is driving the stock market at the moment is foreign politics:

Will India open up its economy?

Will China have a soft landing?

Was the EU stress test a bunch of crap?

Obama could be the greatest president ever, the biggest fool to ever hit the big time or anywhere in between, the stock market is discounting the economic policies of our foreign suppliers and customers so he counts for maybe 1% of the action in the Dow. I for one think that in the next year there's about 1 chance in 4 of breaking both 3K and 15K in the Dow no matter what policies are followed.
 
More Economic Good News as the panic over EU financing subsides

Great for anyone with retirement savings in the Market

Suddenly Wall Street making money is good for the American people!!

You know libs are in dire straights if they are using Wall Street to sell the illusion that everything is fine and dandy in the US economy.


Funny how you aren't talking about it when stocks are falling.

10,534.59 (-1.32 %) -140.39
 
More Economic Good News as the panic over EU financing subsides

Great for anyone with retirement savings in the Market

Suddenly Wall Street making money is good for the American people!!

You know libs are in dire straights if they are using Wall Street to sell the illusion that everything is fine and dandy in the US economy.


Funny how you aren't talking about it when stocks are falling.

10,534.59 (-1.32 %) -140.39

The Left will always jump up an spank their butts and strut those peacock feathers when the market goes up, but when it is down they are gone.

If you really think about it, it was 9,686 two months ago, but it has a long way to go to get back to the high of 14,066 in Oct 2007

When it gets and stays at 11,000 for more than two months then the Lefties can sing, but it won't rise to that from anything BO did......
 
Check out market returns under democrat vs republican presidents. You'll find a pre Obama number. He has one year at 40 percent.
 
Check out market returns under democrat vs republican presidents. You'll find a pre Obama number. He has one year at 40 percent.

:lol:

Fucking weak.

:lol:

If a homeless man only has a penny to his name and he finds a penny, would you consider that 100% increase in wealth the most succesfull day of his life?

...dumbass.
 
Dem presidents already had the lead. Obama is USC and republiKlans are ar-kanas. Get used to your raping
 
Dem presidents already had the lead. Obama is USC and republiKlans are ar-kanas. Get used to your raping
True but for highest returns one party controls the white house and the other congress. Also the four year presidential cycle of 2nd year being the worst and 3rd best is probably result of the above factoid.
 
I came to this thread late but couldn't help but notice the title "Stocks soar as confidence builds"....At first look, one might get the impression that the market is going gangbusters, when infact most investors are on the sidelines and advances are on low volume trading and many suspect the PPT (plunge protection team) has been very active....

As to "confidence", how could it "soar" when the chairman of the Fed (Ben Bernanke) comes out with a quote last week that the economy is "unusually uncetain"?......Unusually uncertain?....That oughta build some confidence....

Meanwhile, many believe that the almost certain take over of Congress by the Republicans should bolster confidence in the road ahead, but with the Bush tax cuts set to expire, many look for profit taking at the end of the year in a major sell off....The talk in Washington as recently as yesterday is the socialists (atleast some of them) are now begin to talk "extension" of the tax cuts by one year, which will have little effect on the long range view (confidence) of the investor, instead, kicking the can farther down the road....Businesses and investors right now don't have the luxury of printing presses and unlike the ruling class politicians, they won't hire hundreds of thousands of workers "just to see what happens" (as the socialist did with the taxpayer funded stimulus)....

The house advantage of the Wall Street casino continues to rise and smart investors are well aware of it....

Just my two centavos
 
I notice you did not make a post this week. Maybe because the market just gave most of the gains you were applauding up. So since that was a good sign then, what do last weeks losses mean?

Shit!
 

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