No posts about the stock market?

[Dan]

dan, do you think all that influx of money that trump is borrowing that's raising the national debt is starting to hurt the economy?

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Yes.  But you think it helps the economy.

[Dan]

 4th grader would tell wall street that that was a 6.1% decline in the stock market over the past year

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So?

Trump/Republican Tax Cut for the Rich

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... and the poor ... and the middle class.


You do know that the stock market is a LEADING economic indicator, right, john?  The stock market already rallied in anticipation of the tax cuts for EVERYONE.  Or do you need to have a fourth grader explain it to you?

[Dan]

here are those who say...anchoragedan is not smarter than a 4th grader.

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Only ignorant assholes say that.

[D2D]

Jw2 name and link to one instance when the Fed lowered interest rates during a Republican administration!

[Dan]

The S & P 500 was at 2682.56 at the close on the day of anchoragedan's original snarky post.

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I told you it wasn't snarky for the 9th time.  Pay attention.  So?  What is so surprising about the market being down after a strong rally?

That's a 3.6% decline in the market since anchoragedan's original snarky post.

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For the 10th time ...  Oh, forget it.

[Dan]

Down from a High today of 23,985.45

That's a one day drop from high to close of 10%.

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Umm, no.  The DOW closed down only 0.44% from it's intra day high.  Not 10.  You must think we're idiots.

but, unlike wall street - I doesn't invest my welfare check in the equities market.I

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Right, because you are a loser.

[Dan]

I was raised in the financial markets of Chicago

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I was raised by my parents.

See?  That is what you call 'snarky'.

[Dan]

jw2 name and link to one instance when the Fed lowered interest rates during a Republican administration!

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They lowered it 50 basis points the day the markets reopened after the 9/11 attacks when Bush was president.

[wmdn_bs]

The DOW is still down more than 3000 points since October 3, 2018.

[Jw2]

Over the last 20 years, ending 12/31/18, the nominal compound annual growth rate (CAGR) of the S & P 500 has bee 5.52%.

That's the worst compound returns since the Great Republican Depression.

The average trailing 20-year market CAGR since 1928 is 10.7%.

Blame the two negative -35%+ bear markets since 2000.

That's the result of  two Republican depressions and two Republican tax cuts for the wealthy.

 https://www.thebalance.com/u-s-stock-bear-markets-and-their-subsequent-recoveries-2388520

[Dan]

The DOW is still down more than 3000 points since October 3, 2018.

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So?

[Dan]

Bill Clinton was president when the market crashed in March of 2000.  That was the dot com bubble burst.  It wasn't because Clinton it taxes for the rich.

The crash of 2008 was not because of the 2001 tax cuts for everybody.

The market didn't crash after Reagan's tax cuts for everybody.

Markets don't crash after tax cuts.  They crash after tax increases!