Dow Jones hoovering near 49,900.

[Lisa558]

Don't you know that the day Trump took office all those Obama and Biden policies suddenly became Trump's fault?

Oops….I forgot. It’s also snowing again. Obviously Trump’s fault as well.

 

[airplanemechanic]

Oops….I forgot. It’s also snowing again. Obviously Trump’s fault as well.

Yea, he's racist, trying to blanket the entire northeast in WHITE.

 

[pknopp]

Why are you deflecting from the roaring economy? Cant give Trump credit for anything??

I said the same thing when Democrats were crowing over the markets.

Trump would be bragging about the record stock market. That Democrats do is one reason I do not support many of them.

A record stock market does not mean the economy is good for many. As has been pointed out the very top owns by and far the most in the markets. That leaves the majority of people still struggling as we do everything to boost the markets while leaving them behind.

The worse thing to point out to show a good economy is the stock market. The stock market was doing well even when the majority of the country was doing poorly.

A president doesn't actually get credit or blame for the actions of the Fed.

The one exception to that IMO is Obama renominating Bernanke who failed miserably and continued to do the wrong thing.

The stock market is not the economy. Sadly far too many believe it is.

 

[pknopp]

Oil prices are very low. Gas is at record lows.

It's up.

 

[ThunderKiss1965]

And people still can't afford their rent, food and health care.

They couldn't afford those things during the Biden administration but it wasn't an issue.

 

[Mr Natural]

That Trump!

Is He the greatest or what!

 

[Cassandro]

Darn, I was 37 days early on my 50K prediction.

 

[ThunderKiss1965]

It's up.

Oil prices are falling.

 

[pknopp]

They couldn't afford those things during the Biden administration but it wasn't an issue.

And yet it was,

 

[pknopp]

Oil prices are falling.

I guess you haven't been paying attention.

 

[airplanemechanic]

Oil prices are falling.

Remember, record low gas prices, record high stock market, record GDP growth. Since it's under a republican president, it's doom and gloom.

10% inflation under Biden, 5 dollar a gallon gas, were cherries and roses.

Remember that in November.

 

[airplanemechanic]

I guess you haven't been paying attention.

I guess 78 dollars a barrel the day Biden left office is better than 63.40 a barrel which it is now.

 

[pknopp]

I guess 78 dollars a barrel the day Biden left office is better than 63.40 a barrel which it is now.

You can address what I say or allow your training to kick in.

 

[1srelluc]

Boom!

I'm sorta surprised it held....Sugar high from the WS weenies I guess.

 

[Blaster]

Dow finishes above 50,000 for the first time ever. President Trump can join the other great presidents on Mount Rushmore.

 

[Captain Creeper]

Oh yes, the sky is a beautiful blue right now, but it will fall, trust us!!!

Sorry man, you can keep wishing bad things on your country but you have a real president now. We're doing fine now.

I do expect a market sell off eventually, as that has happened historically for 100 years, but DOW 50,000 is incredible. GDP 4% last Q of 2025, this Q could be as high as 6%. This economy is ON FIRE.

We can came out of a huge sell-off Tuesday, Wed, and Thurs.

 

[JGalt]

I love going through the archives and reading these hilarious predictions.

There are hundreds of them.


"Given how successive Republican Presidents continue to crash the stock market, you have to be a complete moron to keep money in the stock market with a Republican in the White House.

Of course voters continue to vote for Republicans to crash the economy so more than half of Americans are just that stupid."

House passes Big, Beautiful Bill


"Voters wanted Trump to crash, the stock market and trash our 401(k)s? Who knew?"

Trump is doing what the voters want him to do


"Trump blinked not once, but twice. He backed off on his Chinese tariffs, and he caved on his threats to fire Powell. He pissed off tens of millions of Americans by crashing the stock market."

Trump backs down on high Tariffs? Did Trump chicken out?


"What successes? Crashing the stock market?"

Trump impeachment urged by WSJ editorial board member


"You think crashing the stock market is "sticking up for us"?!?"

Trump blinks


"Again, for some reason, you keep skipping over the point. The question was, "How can Trump crash the stock market|?" I answered with, "He already has"...which he did."

Nikki Haley made Trump’s enemies list.

 

[LeftofLeft]

And people still can't afford their rent, food and health care.

When has that not been the case? That was also the situation when consumer prices skyrocketed 19 percent. “A rising tide lifts all boats.”

 

[pknopp]

When has that not been the case? That was also the situation when consumer prices skyrocketed 19 percent. “A rising tide lifts all boats.”

Yes it is always the case and as I showed, I have never supported this.

 

[luiza]

Sorry man, you can keep wishing bad things on your country but you have a real president now. We're doing fine now.

Selfishly I could not care a monkey if both your country or mine ( UK) slip down the toilet .
I am prepared and PMs have made a small fortune for me with much much more to come .

All markets are ready to burst and all hell will break loose .
I take that as a certainty , however much QE , New Asset Creation and lower interest rates are used to delay the collapse .
The only equation unknown is exact timing which could be a function of Geo Political events --- Israel or the US attacking Iran , for example .

Take out the top 6 US stocks and I think the US Equities market is a disaster waiting to happen .
My belief is that disaster will strike this year with a good chance of it happening before the end of May .

We can compare notes as and when .