Market is over 15K. In case you didn't know that an historic record. We've (And I say "WE" because it's the industry I work in), never been up this high. And it's hardly tanking. I love how suddenly you folks think you are experts on this.
If you work in the Financial Industry then you should know that the DJIA isn't inflation adjusted on an inflation adjusted basis the DJIA hit it's historic peak back in 2000.
Market is over 15K. In case you didn't know that an historic record. We've (And I say "WE" because it's the industry I work in), never been up this high. And it's hardly tanking. I love how suddenly you folks think you are experts on this.
If you work in the Financial Industry then you should know that the DJIA isn't inflation adjusted on an inflation adjusted basis the DJIA hit it's historic peak back in 2000.
Market is over 15K. In case you didn't know that's an historic record. We've (And I say "WE" because it's the industry I work in), never been up this high. And it's hardly tanking. I love how suddenly you folks think you are experts on this.
If you work in the Financial Industry then you should know that the DJIA isn't inflation adjusted on an inflation adjusted basis the DJIA hit it's historic peak back in 2000.
Is that your way of admitting that as usual you have no idea what you're talking about?
I'll tell you why they are bragging Edge, because they think that the magic fairy dust for fixing structural economic problems is electing some bonehead with a "D" behind his name and then waving pom-poms about as said bonehead does the same things that the last bonehead with an "R" behind his name did, all the while paying no attention to what the miscreants at the Fed are up to.
Is that your way of admitting that as usual you have no idea what you're talking about?
Nope.
I found your comment hi-*******-larious.
No one around here talks like that.
Is that your way of admitting that as usual you have no idea what you're talking about?
Nope.
I found your comment hi-*******-larious.
No one around here talks like that.
Market is over 15K. In case you didn't know that's an historic record. We've (And I say "WE" because it's the industry I work in), never been up this high. And it's hardly tanking. I love how suddenly you folks think you are experts on this.
But it's not keeping up with inflation.
If your goal in the year 2000 was to make $6 an hour at your job at McDonalds, that's about right for your skill and intelligence level.
For the year 2000.
But if it took you 13 years to achieve that goal (which it probably did) you're way behind the inflation curve.
Adjusted for a simple CPI-U inflation Index, the DJIA should be at 19,671 today.
And the S&P reached it's highest point under Bush at 1565.15 on October 9, 2007. In the middle of a downturn, and only a few short weeks before an OFFICIAL recession was declared.
Adjusted for inflation, it should be at 2,083 as of this morning.
But it's not. It's at 1646.06.
I'm just adjusting for inflation. I'm not considering Capital Growth.... At all. Only inflation.
Adjusting for Capital Growth....??
Besides that.... Why are dimocraps trying to brag about how well the Markets are doing?
You people are nothing short of the most hypocritical scumbags I've ever witnessed.
You talk about how you're the poor and downtrodden, then you want to talk about how superior you are in terms of education....
You talk about how the 1% is too greedy and takes more than their fair share then you want to talk about how good your guy is at creating wealth for that 1%
You people are fucked in the head
Nope.
I found your comment hi-*******-larious.
No one around here talks like that.
Yuh.... Hi-*******-larius
Fred's Intelligent Bear Site - Inflation Adjusted DJIA
Thanks for proving my point.......
Thanks for proving my point.......
Who's Fred?
He know Duncan? Or John? Or Dick?
Don't bother..I don't expect you to have a clue about what I am talking about.
Dow Jones Average March 6 2009 ... 6626.94
Dow Jones Average Aug 19 2013 ... 15,010.74
https://www.google.com/finance?q=INDEXDJX:.DJI
Oh yeah...the market has really been suffering since O took over.
Laugh now, cry later
You could get a monkey overseeing printing of 85 billion a month making the 1% more wealthy.
Wait a minute, not those evil 1%er's
-Geaux
Market is over 15K. In case you didn't know that's an historic record. We've (And I say "WE" because it's the industry I work in), never been up this high. And it's hardly tanking. I love how suddenly you folks think you are experts on this.
But it's not keeping up with inflation.
If your goal in the year 2000 was to make $6 an hour at your job at McDonalds, that's about right for your skill and intelligence level.
For the year 2000.
But if it took you 13 years to achieve that goal (which it probably did) you're way behind the inflation curve.
Adjusted for a simple CPI-U inflation Index, the DJIA should be at 19,671 today.
And the S&P reached it's highest point under Bush at 1565.15 on October 9, 2007. In the middle of a downturn, and only a few short weeks before an OFFICIAL recession was declared.
Adjusted for inflation, it should be at 2,083 as of this morning.
But it's not. It's at 1646.06.
I'm just adjusting for inflation. I'm not considering Capital Growth.... At all. Only inflation.
Adjusting for Capital Growth....??
Besides that.... Why are dimocraps trying to brag about how well the Markets are doing?
You people are nothing short of the most hypocritical scumbags I've ever witnessed.
You talk about how you're the poor and downtrodden, then you want to talk about how superior you are in terms of education....
You talk about how the 1% is too greedy and takes more than their fair share then you want to talk about how good your guy is at creating wealth for that 1%
You people are fucked in the head
Bush wasn't left with the same sort of economic conditions that Obama was left with.
When Bush took the seat there was a mild recession due to the dot com "bubble", which really wasn't much of a bubble at all. The worst part of that being all the extra telecommunications gear that flooded the market due to the collapsing start ups.
What he do?
Engaged in massive stimulus. He took a sledge hammer to something that required nail clippers. 2 massive tax cuts and dropping interest rates to zero really did create a bubble.
If that wasn't "stimulative" enough, he started not one, but 2, count em, 2 wars. And put both of them on the national credit card.
That's reality.
And while he was at it, he oversaw thousands upon thousands of factories leaving our shores.
And when all that came crashing down? He took out the Credit Card again, for TARP.
That's what he left Obama with. Multiple cataclysms. The Manufacturing industry and the Financial Industry were on the brink of total collapse.
Obama fixed that.
Was a neat trick.
And you folks shit on that accomplishment.
It's hard to take you guys seriously. Really.
Dow Jones Average March 6 2009 ... 6626.94
Dow Jones Average Aug 19 2013 ... 15,010.74
https://www.google.com/finance?q=INDEXDJX:.DJI
Oh yeah...the market has really been suffering since O took over.
Laugh now, cry later
You could get a monkey overseeing printing of 85 billion a month making the 1% more wealthy.
Wait a minute, not those evil 1%er's
-Geaux
Won't argue that that policy mostly benefits the already wealthy, Geaux, because I believe that is true.
You see, that complaint of yours really jibes with my POV, too-- that Obama is no less of a tool for the superrich than Bush II was.
But still..whining that the stock market has taken it on the neck because of Obama, when in fact the Market has more than doubled since 2009 does tend to make the point of this thead invalid, eh?
Remember the premise of this moronic thread?
No it isn't tanking, is it? Its been down for 4 days in a row. Big deal!
I mean seriously.... How obama deranged does one have to be to overlook the fact that the market has more than doubled under Obama?
So get a grip and STICK to the subject at hand, Lad.
This thread's premise : that the market is collapsing, and then that it is collapsing because of Obama is based on NONSENSE.
You see...I don't really like Obama...but I dislike political bullshit even less.
This thread is bullshit as is so evidenced by the valuation of the market today.
Who's Fred?
He know Duncan? Or John? Or Dick?
Don't bother..I don't expect you to have a clue about what I am talking about.
Because you're not talking about ANYTHING , you're trying to use vague responses to obfuscate the fact that you have no idea what you're talking about, unfortunately for you that fact was long established well before you decided to open your mouth with the whole "historic highs" remark and demonstrate that you don't understand the price effect of currency debasement on equities and how to normalize market valuation for it.
Any other emoticon littered responses that you'd like to waste bandwidth on or are you quite finished making a fool of yourself?
But it's not keeping up with inflation.
If your goal in the year 2000 was to make $6 an hour at your job at McDonalds, that's about right for your skill and intelligence level.
For the year 2000.
But if it took you 13 years to achieve that goal (which it probably did) you're way behind the inflation curve.
Adjusted for a simple CPI-U inflation Index, the DJIA should be at 19,671 today.
And the S&P reached it's highest point under Bush at 1565.15 on October 9, 2007. In the middle of a downturn, and only a few short weeks before an OFFICIAL recession was declared.
Adjusted for inflation, it should be at 2,083 as of this morning.
But it's not. It's at 1646.06.
I'm just adjusting for inflation. I'm not considering Capital Growth.... At all. Only inflation.
Adjusting for Capital Growth....??
Besides that.... Why are dimocraps trying to brag about how well the Markets are doing?
You people are nothing short of the most hypocritical scumbags I've ever witnessed.
You talk about how you're the poor and downtrodden, then you want to talk about how superior you are in terms of education....
You talk about how the 1% is too greedy and takes more than their fair share then you want to talk about how good your guy is at creating wealth for that 1%
You people are fucked in the head
Bush wasn't left with the same sort of economic conditions that Obama was left with.
When Bush took the seat there was a mild recession due to the dot com "bubble", which really wasn't much of a bubble at all. The worst part of that being all the extra telecommunications gear that flooded the market due to the collapsing start ups.
What he do?
Engaged in massive stimulus. He took a sledge hammer to something that required nail clippers. 2 massive tax cuts and dropping interest rates to zero really did create a bubble.
If that wasn't "stimulative" enough, he started not one, but 2, count em, 2 wars. And put both of them on the national credit card.
That's reality.
And while he was at it, he oversaw thousands upon thousands of factories leaving our shores.
And when all that came crashing down? He took out the Credit Card again, for TARP.
That's what he left Obama with. Multiple cataclysms. The Manufacturing industry and the Financial Industry were on the brink of total collapse.
Obama fixed that.
Was a neat trick.
And you folks shit on that accomplishment.
It's hard to take you guys seriously. Really.
Yeah, the rapist didn't leave Bush ANY problems to deal with, did he?
Not to mention THE worst Market Crash in the history of this Country.... The NASDAQ Bubble.
Which, frankly, had nothing to do with the rapist's policies. But Bush had to deal with it nonetheless.
Bush had MUCH bigger problems to deal with than did the Stuttering Clusterfukk.
And he handled them with class, unlike the piece of fukking shit we have in Office right now.
