Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

shouldn't kerry start using the recession word. the dow is down

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
 
okieinpain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 08:49 AM
Original message
shouldn't kerry start using the recession word. the dow is down
below 10000, and job growth is way slower then expected. this is what bush and the puppet master did to gore.
Printer Friendly | Permalink |  | Top
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 08:50 AM
Response to Original message
1. The Dow has lost ground (a LOT of ground) in 3 of the 4 years
that Bush has been in office.
Printer Friendly | Permalink |  | Top
 
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 08:59 AM
Response to Reply #1
3. yes and no
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.

Printer Friendly | Permalink |  | Top
 
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 09:35 AM
Response to Reply #3
5. are you comparing Jan 2001 vs. today? There was a big jump up in 2003,
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.
Printer Friendly | Permalink |  | Top
 
benburch Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 08:58 AM
Response to Original message
2. No. He should not say the "R" word!
Unless he wants to force it deeper. Market psychology is like that.
Printer Friendly | Permalink |  | Top
 
truthpusher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 09:06 AM
Response to Original message
4. 9500 on election day
Printer Friendly | Permalink |  | Top
 
Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 09:36 AM
Response to Original message
6. U.S. leading indicators fall for 4th month
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%7D

The 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.
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 Wed Apr 24th 2024, 06:23 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