- Feb 22, 2017
- 113,837
- 40,402
- 2,290
/——/ What??? I’m responding to this directly:/——-/ The DJI is an average of 30 companies and not reflective of the economy. DuhhhhTax cuts for the rich only help the economy if there is a shortage in investment capital. But we had a glut in investment capital so that money is just down the toilet.
Not really. It is inflating prices in the markets which indirectly benefits at least those with market-based retirement plans or investments.
Actually the market have been pretty stagnant since the tax cut passed.
The DJI for example has grown just 10% in the 19 months since the tax cuts went into effect, as opposed to 25% in the 12 months prior to the tax cuts.
Do try and follow the threads, you always make comments that have nothing to do with the flow of the thread.
Every measure of the market, DJI, NSADAQ, S&P, Russell 2000...have the same stagnation.
“The DJI for example has grown just 10% in the 19 months” And its a meaningless statistic.
And my response was a direct response to someone else that brought up the markets. Are you incapable of following a thread? Is it too complicated for your limited intellect?