Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Is the Stock Market in free fall, thanks to bushonomics?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
MoonRiver Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-04 12:50 PM
Original message
Is the Stock Market in free fall, thanks to bushonomics?
Edited on Wed Oct-13-04 12:52 PM by saywhat
All indexes are down, & the DOW is -104, and below 10,000! Glad I took heed and transferred everything to bonds when bush was annointed.

edited to correct for lower stock market numbers!
Printer Friendly | Permalink |  | Top
JuniorPlankton Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-04 12:54 PM
Response to Original message
1. Free fall?
S&P 500 is up for the year. It went up A LOT last year.
(I hate DJ30 - it is just a meaningless anachronism)
Printer Friendly | Permalink |  | Top
 
MoonRiver Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-04 12:59 PM
Response to Reply #1
2. It's down 1.08% as we speak.
Edited on Wed Oct-13-04 01:01 PM by saywhat
And the trend has been down for awhile. The bad economic policies of this administration were bound to be reflected in the markets eventually. Better now than after the election.
Printer Friendly | Permalink |  | Top
 
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-04 01:07 PM
Response to Original message
3. It will be kept 9500-10,500 until November 3
The steadiness in the Dow is the one economic success of the Bush gang's economic policy of wealth transfer to the rich. Nobody has made any appreciable money for four years, but nobody's lost everything, either.

This is a great comfort to the people who think the Great Depression was 100% caused by the stock market crash, like war neverending is a great comfort to those who think it was 100% cured by WWII.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 08:17 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC