unblock
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Wed Sep-17-08 10:54 AM
Original message |
djia when shrub took office: 10,587.59; djia at the moment: 10,771.77 |
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shrub has earned dow investors a whopping 184.18 points in nearly eight years! we're one bad day away from LOSING dow after so long!
shrub might very well be the first president to go out eight years later with a dow lower than when he took office.
(yes, a proper analysis would consider dividends and inflation and so on, but this would still make a fantastic talking point that bush/mccain SUCK for business.)
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n2doc
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Wed Sep-17-08 10:59 AM
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1. Another day (or maybe later today, and there will be no net gain. n/t |
kansasblue
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Wed Sep-17-08 11:00 AM
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2. ouch! Maybe it's a match with Hover. |
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Calling all stock market historians.
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beberocks
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Wed Sep-17-08 11:06 AM
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3. I remember that Maria Bartaromo and the CNBC shills were saying |
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back in 2000 about how having a republican as president would make the stock market go up. She repeated that lie over and over. Just one of the many reasons I don't watch CNBC anymore--paid whores for the GOP.
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unblock
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Wed Sep-17-08 12:15 PM
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6. historically, dems are consistently better for the markets and the economy |
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inflation is just about the only statistic that's better under republicans.
if you're sitting on vast wealth, or are a retiree on a fixed income, that's all you care about. anyone else is far better under a democratic president.
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lapfog_1
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Wed Sep-17-08 11:07 AM
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4. One way to look at it... |
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If your 401K invested $1000 in the market 8 years ago ( using a basket of DJIA stocks), you would now have about $1017 in the account.
Now, there would have been some dividends paid along the way... but then inflation would have likely eaten up any gains from dividends (or worse).
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Double T
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Wed Sep-17-08 11:13 AM
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5. The DJIA has a lot farther to fall. |
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Always wonder where America would be WITHOUT the bush/cheney/rethug destruction of our nation.
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unblock
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Wed Sep-17-08 03:35 PM
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7. UPDATE: dow closes at 10,609.66 -- a mere 22.07 point higher than when bush took office! |
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0.2% gain in nearly 8 years!
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spanone
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Wed Sep-17-08 03:38 PM
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8. what i expected.....katrina economy |
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Sat May 11th 2024, 09:49 AM
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