Investors cheer record-setting year on Wall St

ClosedCaption

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Stock market ends 2013 on a new "high" note

Stock investors will soon be in 401(k) heaven.

The broad U.S. stock market put an exclamation point on its record-breaking year on the final trading day of 2013, powering to yet another all-time high and posting its biggest percentage gain since 1997, or 16 years ago.

"Good to the last drop," is the way Dwayne Adams, a certified financial planner at Adams Wealth Management Group, summed up the best year for the Standard & Poor's 500 stock index since 1997. The closely tracked benchmark index rose 29.6%, a mega-move that will be reflected in much fatter retirement account balances when investors rip open their statements in coming weeks.
 

TemplarKormac

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What good will that be if people die via lack of improper healthcare? When you put all 6 million people back on their plans, then we can celebrate the economy. However, what good is celebrating the economy when you're $17 trillion in debt? Hmm?
 

Amelia

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
 

The Rabbi

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I remember when Dems were concerned with income inequality and the rich getting richer. That was oh, 15 minutes ago.
 

chikenwing

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
They have no shame,non not one bit,cried a river while wall street flourished ,during Bush's stay,but now its all good for the annotated one.
 

Hoosier4Liberty

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The irony.

Of course, it's evident that Quantiative easing is driving Wall Street's growth, not anything Obama's doing.....not to say QE is a good thing, though.
 

Kosh

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Yes the stock market always do good under far left rule as that is where the rich shelter their money from the "give me" party.
 
OP
ClosedCaption

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
Its cute to see you ignore it and pretend to care about Main Street at all.

Obama is a terrible socialist btw
 

itfitzme

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
So you are objecting to the measure of economic improvement held by repulicans and conservatives?


Democrats, Republicans Claim High Ground on Economy | CNS News

"But House Speaker Dennis Hastert (R-Ill.) said Republicans should get the credit for the soaring stock market."

Social Security debate in the United States - Wikipedia, the free encyclopedia

George W. Bush Privatization of Social Security.

"Plan I: Up to two percent of taxable wages could be diverted from FICA and voluntarily placed by workers into private accounts for investment in stocks, bonds, and/or mutual funds.

Plan II: Up to four percent of taxable wages, up to a maximum of $1000, could be diverted from FICA and voluntarily placed by workers into private accounts for investment.

Plan III: One percent of wages on top of FICA, and 2.5% diverted from FICA up to a maximum of $1000, could be voluntarily placed by workers into private accounts for investment"

What is your measure? Or do you change it based on what you want to believe?
 
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Londoner

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The American Government is run by and for the wealthy whose portfolios thrive as the middle class dies.

This completes the dispossession of the American Worker.

Good news for Wall Street is when corporate profits are up because production has been moved from expensive US labor markets to Taiwanese sweatshops. Nike investors make more money when their sneaks are made by workers who live under freedom-hating dictators making under $3/day.

Wall Street thrives when Americans are unemployed because their jobs have been shipped to Communist China.

How long will Washington support a dynastic private sector that has partnered with freedom hating nations to destroy the American worker?

It's time we took our country back from the private sector which has sold our nation down river.

And don't talk to me about how we need to lower taxes and deregulate. No amount of tax breaks are going to help American workers underbid labor markets making 3$/day.

American swallowed poison in 1980. We were told that by liberalizing trade and freeing capital to seek the cheapest labor that the benefits would trickle down. Who knew the jobs would trickle to China and destroy the middle class.

How long will we support a private sector that does more for China and Taiwan than Main Street?
 

Amelia

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
So you are objecting to the measure of economic improvement held by repulicans and conservatives?


Democrats, Republicans Claim High Ground on Economy | CNS News

"But House Speaker Dennis Hastert (R-Ill.) said Republicans should get the credit for the soaring stock market."

Social Security debate in the United States - Wikipedia, the free encyclopedia

"Plan I: Up to two percent of taxable wages could be diverted from FICA and voluntarily placed by workers into private accounts for investment in stocks, bonds, and/or mutual funds.

Plan II: Up to four percent of taxable wages, up to a maximum of $1000, could be diverted from FICA and voluntarily placed by workers into private accounts for investment.

Plan III: One percent of wages on top of FICA, and 2.5% diverted from FICA up to a maximum of $1000, could be voluntarily placed by workers into private accounts for investment"

What is your measure? Or do you change it based on what you want to believe?

If Republicans cheered Wall Street's worth doubling under a GOP administration while millions of people gave up and just left the job market and weren't even being counted as unemployed anymore, Democrats would be bashing Republicans hard for that.

But today Democrats are singing the praises of the rich getting richer and the income gap getting wider.

It's hilarious.

The homeless children aren't hilarious.

But liberals are.
 

itfitzme

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It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.
So you are objecting to the measure of economic improvement held by repulicans and conservatives?


Democrats, Republicans Claim High Ground on Economy | CNS News

"But House Speaker Dennis Hastert (R-Ill.) said Republicans should get the credit for the soaring stock market."

Social Security debate in the United States - Wikipedia, the free encyclopedia

"Plan I: Up to two percent of taxable wages could be diverted from FICA and voluntarily placed by workers into private accounts for investment in stocks, bonds, and/or mutual funds.

Plan II: Up to four percent of taxable wages, up to a maximum of $1000, could be diverted from FICA and voluntarily placed by workers into private accounts for investment.

Plan III: One percent of wages on top of FICA, and 2.5% diverted from FICA up to a maximum of $1000, could be voluntarily placed by workers into private accounts for investment"

What is your measure? Or do you change it based on what you want to believe?

If Republicans cheered Wall Street's worth doubling under a GOP administration while millions of people gave up and just left the job market and weren't even being counted as unemployed anymore, Democrats would be bashing Republicans hard for that.

But today Democrats are singing the praises of the rich getting richer and the income gap getting wider.

It's hilarious.

The homeless children aren't hilarious.

But liberals are.
What is your point, that you don't have any measure of economic growth?

The unemployment rate has fallen and the employment to population ratio remained flat.

Start there.

Cuz this one makes absolutely no sense " Democrats are singing the praises of the rich getting richer and the income gap getting wider" Rememer, liberals are communists that want to punish the wealthy and redistribute wealth....

So, what are you talking about?
 

The Rabbi

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How could you possibly get that out of what she wrote??
The point is that Dems are big honking hypocrites, cheering the very same thing they would be booing if it happened under Republicans.
 

Uncensored2008

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What is your point, that you don't have any measure of economic growth?

The unemployment rate has fallen and the employment to population ratio remained flat.

Start there.

Cuz this one makes absolutely no sense " Democrats are singing the praises of the rich getting richer and the income gap getting wider" Rememer, liberals are communists that want to punish the wealthy and redistribute wealth....

So, what are you talking about?
The paltry economic growth under Obama has been concentrated exclusively to the top 1% - with those gains coming from Federal Reserve "investment" in the largest security firms.

Obama is quite literally taking the wealth of the middle class and giving it to the very rich.

And you leftists cheer him for it.

Further proof that the left is engaged is a war of genocide on the American middle class - or the Bourgeoisie as you used to call us.
 

SteadyMercury

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I cheer stock market gains regardless of who's trying to take credit, and I'm not the 1%. What a great year for stock investments man.
 

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