okieinpain
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Fri Oct-22-04 08:49 AM
Original message |
shouldn't kerry start using the recession word. the dow is down |
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below 10000, and job growth is way slower then expected. this is what bush and the puppet master did to gore.
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spooky3
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Fri Oct-22-04 08:50 AM
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1. The Dow has lost ground (a LOT of ground) in 3 of the 4 years |
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that Bush has been in office.
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Warpy
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Fri Oct-22-04 08:59 AM
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The Dow has stayed fairly steady, thanks to Bush's largesse to the rich, companies buying back their own stock to support it, and (I suspect) some funny money from a vastly increased money supply that sure as hell isn't getting to you and me flooding in to support it.
Nobody's been wiped out, but damned few have made any money.
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spooky3
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Fri Oct-22-04 09:35 AM
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5. are you comparing Jan 2001 vs. today? There was a big jump up in 2003, |
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Edited on Fri Oct-22-04 09:36 AM by spooky3
but in 2001, 2002 and 2004, the Dow lost ground (a lot in 2001 and 2002), per my retirement index fund reports.
on edit--these are based on S&P 500, not Dow, so that might account for some difference.
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benburch
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Fri Oct-22-04 08:58 AM
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2. No. He should not say the "R" word! |
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Unless he wants to force it deeper. Market psychology is like that.
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truthpusher
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Fri Oct-22-04 09:06 AM
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Roland99
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Fri Oct-22-04 09:36 AM
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6. U.S. leading indicators fall for 4th month |
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Called 'clear signal' that economy's losing momentum http://cbs.marketwatch.com/news/story.asp?siteid=bigcharts&dist=bigcharts&guid=%7B337687A5-05FA-4EDA-BE79-149159B0A746%7DThe U.S. index of leading economic indicators fell 0.1 percent in September, the Conference Board said Thursday.
This marked the gauge's fourth straight monthly decline, the longest string since mid-2002. Read complete press release.
The series of declines "is a clear signal that the economy is losing momentum heading into 2005," said Ken Goldstein, an economist at the Conference Board.
On an inflation-adjusted basis, the nation's gross domestic product is expected to grow in the 4.0 percent range. But Goldstein said that growth in the fourth quarter and the first quarter of 2005 is likely to be slower.
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DU
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Wed Apr 24th 2024, 06:23 AM
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