General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUh..Fox News? About That DJI "BLASTING" Through The 21,000 Mark After Trump's Speech thing?
...it blasted back....
Dow Jones Industrial Average closed at 20,954 today.
Must be Obama's fault for 'tapping your wires.'
Alternatively, if the market was up on Wednesday because Trump demonstrated he could muddle his way through a speech without giving the world the impression that he's bat-shit crazy....it went down again when he proved he STILL IS bat-shit crazy over the weekend.
elleng
(130,732 posts)'trend' is otherwise now.
TrollBuster9090
(5,953 posts)This nutbag is going to make me a millionaire.
elleng
(130,732 posts)I've been in 'moderate risk' managed funds, and don't know what the managers are thinking these days.
TrollBuster9090
(5,953 posts)about money managers having a fiduciary responsibility to disclose conflicts of interest to their clients. Pretty sure we'll soon be back to the Goldman Sachs rule: screw em on the way in, and screw em again on the way out.
elleng
(130,732 posts)TrollBuster9090
(5,953 posts)elleng
(130,732 posts)Spoke with mine today, and he/they seem to have a good approach.
Charles Bukowski
(1,132 posts)downplayed The Dow's rise under Obama - - 148% growth under his watch. The Dow would have to approach 50k for the Trump years to match that. Who wants to bet that won't happen?
TrollBuster9090
(5,953 posts)"Okay, you only have to do that ONE HUNDRED MORE TIMES, and you can equal Obama's record."
elleng
(130,732 posts)Fed's gonna raise rates!
ProfessorGAC
(64,852 posts)A mere 12% annualized return for 8 years! Now, we're all jacked up over 1.7% since January? That's still only 10.6% per year. The DJIA is growing SLOWER now.
Cha
(296,830 posts)lately.. when the pivot pundits went ape shite.
Link to tweet
Link to tweet
Link to tweet
Link to tweet
Thanks TBuster!
Liberal In Texas
(13,531 posts)It's just a question of time before the bottom falls out.
I wonder if they'll still "credit" the orange despot.
TrollBuster9090
(5,953 posts)..."The DJI want BLASTING through 15,000 today, after President Trump managed to stumble through his 2019 State of the Union Address without sounding like Charles Manson!"