Economy
Related: About this forumSTOCK MARKET WATCH - Tuesday, 5 November 2019
STOCK MARKET WATCH, Tuesday, 5 November 2019
Previous SMW:
SMW for 4 November 2019
AT THE CLOSING BELL ON: 4 November 2019
Dow Jones 27,462.11 +114.75 (0.42%)
S&P 500 3,078.27 +11.36 (0.37%)
Nasdaq 8,433.20 +46.80 (0.56%)
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Market Conditions During Trading Hours:
Google Finance
MarketWatch
Bloomberg
Stocktwits
(click on links for latest updates)
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Currencies:
Gold & Silver:
Petroleum:
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DU Economics Group Contributor Megathreads:
Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
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Toons on hold.
This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.
samnsara
(17,615 posts)....we have made a bit o' cash but I would trade it all away if we can get trump out of office! Ive been on food stamps before i will do it again.
progree
(10,901 posts)and that journey has been one with harrowing roller coaster ups and downs.
S&P 500 (much more representative of the U.S. stock market and what people own than the Dow 30)
2873 1/26/2018 close
3078 11/4/2019 close
+7.1% (4.0% annualized rate)
and right now we're basically in an "up bump" phase in the Trump market cycles with yet another trade truce with China.
And the Federal Reserve's QE-4 (or whatever it is) is pumping up the markets -- it has gotten its balance sheet above $4 trillion again.
https://fred.stlouisfed.org/series/WALCL
(It was about $800 billion in the years before the Great Recession.)
The great "Trump" record up to 1/26/2018 (one year and 6 days since Inauguration Day) was of course, a continuation of the Obama boom, and before all the Trump trade war garbage started, and before the TCJA Trump Tax Cuts for the Corporados took effect.