Stocks soar: Dow climbs 206

[Truthmatters]

What do you know about the German high court decision yesterday assholes?

 

[JWBooth]

guess what if you claim this is not on the Bernake news then you have to settle for the fact that it is caused by the German scotus telling the world they will act to back the failing economies in europe.


either way your ideas have been proven false you dumb cons

Wait a minute, Germany has a Supreme Court in the US? When did this happen?

Ah yes, the German Supreme Court of the United States...it was reported on all the wine bottle bags....

 

[GreatDay]

What does the NYSE have to do with Domocraps?

Christ, if they had their fingers in it (thank God they don't) - it would be as fucked-up as everything else they touch.

Hello chickenshit, yeah the market does a LOT better under Democrats than it does under Republicans, you got a problem with facts?

 

[Trajan]

EW YORK (AP) — The stock market staged a huge rally Thursday after investors got the aggressive economic help they wanted from the Federal Reserve.
The Dow Jones industrial average spiked more than 200 points and cleared 13,500 for the first time since the beginning of the Great Recession. The average is within 625 points of its all-time high.
The Fed said it would buy $40 billion of mortgage securities a month until the economy improves. It left open the possibilities of buying other assets and of buying long after the recovery picks up.
The central bank also extended its pledge of super-low short-term interest rates into 2015, and extended a program to drive down long-term rates.
It was the package known as QE3 — a third round of quantitative easing, in market-speak. And it was just what investors were hoping for.
"They're saying that the punch bowl, the fuel for the economy, isn't going away — it's going to be here as long as you need it," said Tony Fratto, a former aide to President George W. Bush and managing partner at Hamilton Place Strategies, a policy consulting firm in Washington.
The Dow closed up 206.51 points, the seventh-biggest gain this year, at 13,539.86, its highest close since the last days of December 2007, the first month of the recession.
The broader Standard & Poor's 500 index was up 23.43 points at 1,459.99, also its highest since December 2007. The Nasdaq composite index, which has been trading at its highest levels since 2000, was up 41.52 at 3,155.83.

The Associated Press: The Fed steps in, and stocks soar: Dow climbs 206

and?????

 

[Toro]

guess what if you claim this is not on the Bernake news then you have to settle for the fact that it is caused by the German scotus telling the world they will act to back the failing economies in europe.


either way your ideas have been proven false you dumb cons

Wait a minute, Germany has a Supreme Court in the US? When did this happen?

The Germans SCOTUS applies to certain jurisdictions in Pennsylvania.

 

[Toro]

this is what happnes to a party when they just back a flase narrative to try and win an election.

The internets dont allow your party to lie with empunity anymore.

You get caught in every lie.

lately lies are all your party has been relying on.

What is a "flase?"

 

[Truthmatters]

so what do you think of the results of the decision by Germany toro?

 

[Truthmatters]

this is what happnes to a party when they just back a flase narrative to try and win an election.

The internets dont allow your party to lie with empunity anymore.

You get caught in every lie.

lately lies are all your party has been relying on.

What is a "flase?"

A typo, why not deal with the facts here instead of concentrating on typos?

 

[Toro]

so what do you think of the results of the decision by Germany toro?

It's bullish for stocks and precious metals. I was buying stocks heavily the day of the decision.

 

[Katzndogz]

Stocks are soaring because Bernake is buying up worthless bond notes. Stocks are soaring because investors are betting against the dollar.

 

[Toro]

this is what happnes to a party when they just back a flase narrative to try and win an election.

The internets dont allow your party to lie with empunity anymore.

You get caught in every lie.

lately lies are all your party has been relying on.

What is a "flase?"

A typo, why not deal with the facts here instead of concentrating on typos?

No, really, I didn't know what you were trying to say.

 

[TakeAStepBack]

The German SCOTUS declared they would use US tax dollars to bailout European sovereign debt ridden nations.

 

[Truthmatters]

so its a good thing huh

 

[Trajan]

EW YORK (AP) — The stock market staged a huge rally Thursday after investors got the aggressive economic help they wanted from the Federal Reserve.
The Dow Jones industrial average spiked more than 200 points and cleared 13,500 for the first time since the beginning of the Great Recession. The average is within 625 points of its all-time high.
The Fed said it would buy $40 billion of mortgage securities a month until the economy improves. It left open the possibilities of buying other assets and of buying long after the recovery picks up.
The central bank also extended its pledge of super-low short-term interest rates into 2015, and extended a program to drive down long-term rates.
It was the package known as QE3 — a third round of quantitative easing, in market-speak. And it was just what investors were hoping for.
"They're saying that the punch bowl, the fuel for the economy, isn't going away — it's going to be here as long as you need it," said Tony Fratto, a former aide to President George W. Bush and managing partner at Hamilton Place Strategies, a policy consulting firm in Washington.
The Dow closed up 206.51 points, the seventh-biggest gain this year, at 13,539.86, its highest close since the last days of December 2007, the first month of the recession.
The broader Standard & Poor's 500 index was up 23.43 points at 1,459.99, also its highest since December 2007. The Nasdaq composite index, which has been trading at its highest levels since 2000, was up 41.52 at 3,155.83.

The Associated Press: The Fed steps in, and stocks soar: Dow climbs 206

It's temporary. Once the currency markets bomb the Dollar( this occurred with QE I and II) the party is over.
A reasonably intelligent person knows this latest scheme is crap.

the feds buy their bonds, the banks park the money as excess reserves, money velocity ( Money Velocity Is Too Low - Seeking Alpha) has plunged and that was LAST year on the heels of QE2. This won't do squat except give the electronic trading prgms. something to do.

 

[Dont Taz Me Bro]

Love'em or hate'em the Democrats are damn good for the market.

So what you're saying is they are the party of Wall Street fat cats?

No, just that the last seventy years demonstrate that sound macroeconomic principles (not the kind found in Republican CrackerJack boxes) tend to be good for all economic classes, including those heavily invested in the stock market.

I'm just trying to understand why when the stock market does well under a Republican president it's just evil rich people making money, but when it does well under a Democratic president he is to be showered with praise for doing such a wonderful job.

Tell me again just how sound those macroeconomic principles are.

http://www.cbsnews.com/8301-505123_162-57513390/ratings-firm-downgrades-u.s-credit/

 

[Mad Scientist]

The German "SCOTUS" said that the Euro Union Bailout has to be capped at 190 Billion Euros. So essentially they punted.

 

[Oddball]

this is what happnes to a party when they just back a flase narrative to try and win an election.

The internets dont allow your party to lie with empunity anymore.

You get caught in every lie.

lately lies are all your party has been relying on.

What is a "flase?"

A typo, why not deal with the facts here instead of concentrating on typos?

When you're about to swerve into a fact we'll be the first to warn you....Don't want to mess up your streak of doing everything you can to evade them.

 

[MHunterB]

guess what if you claim this is not on the Bernake news then you have to settle for the fact that it is caused by the German scotus telling the world they will act to back the failing economies in europe.


either way your ideas have been proven false you dumb cons

Wait a minute, Germany has a Supreme Court in the US? When did this happen?

The Germans SCOTUS applies to certain jurisdictions in Pennsylvania.

Lancaster CTY, mostly......

 

[EdwardBaiamonte]

The German "SCOTUS" said that the Euro Union Bailout has to be capped at 190 Billion Euros. So essentially they punted.

dont know why you say that? The situation is fluid. The plan is to save the union with bailouts and austerity. I see no turning back at his time.

 

[voltron]

It doesnt matter if wall street is doing good, it only benifits those that play it, its not like that money you paid is going to go to building a factory or a store, which would mean new jobs, buying a stock doesnt put any money into the buisness it puts money into the pocket of the person you bought it from, and then when its time to sell you take the money out of someone elses pocket.