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Thread: Dow Jones hits highest mark since 2007

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    Re: Dow Jones hits highest mark since 2007

    Quote Originally Posted by Ikari View Post
    Now if that could just trickle down to the rest of us.
    my sentiments exactly.

    however, i'm not a believer in trickle down.

  2. #22
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    Re: Dow Jones hits highest mark since 2007

    Great news, but precisely what Obama policies could be credited for keying such a dramatic turnaround?
    Last edited by a351; 05-01-12 at 09:13 PM.

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    Re: Dow Jones hits highest mark since 2007

    None, really. The POTUS has remarkably little to do with stock prices and gas prices. I more would credit the FED for giving away free money to banker buddies to speculate with. Since Obusha kept the same scumbags as Bush had, maybe he should get the credit after all.

    Quote Originally Posted by Hare View Post
    Great news, but precisely what Obama policies could be credited for keying such a turnaround?

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    Re: Dow Jones hits highest mark since 2007

    You invest in the future not in the past. Most companies who have reported with good earnings have very mediocre forward guidance, being basically unchanged for 2012. It's all mediocre folks. Now is not the time to invest, but to take profits.

    We are now also at 101.5% of GDP
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Dow Jones hits highest mark since 2007

    Quote Originally Posted by Nick2253 View Post
    That doesn't make any sense. There are tons of safer investment vehicles than the stock market. Gold, T-Bonds, municipal bonds, general commodities, CDs, etc. The Dow is going up because more people are demanding stocks. But the demand is really weak compared to past years, which is why the Dow is going up rather slowly.
    Don't know what safety has to do with my earlier post. Sure you can park your money in a CD - but that hardly qualifies as an investment these days... you'll make about as much hiding it under your pillow lol. Commodities is a good bet. Most bonds are not. T-bonds? Lol.

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    Re: Dow Jones hits highest mark since 2007

    Quote Originally Posted by Taylor View Post
    Don't know what safety has to do with my earlier post. Sure you can park your money in a CD - but that hardly qualifies as an investment these days... you'll make about as much hiding it under your pillow lol. Commodities is a good bet. Most bonds are not. T-bonds? Lol.
    The whole reason people invest in bonds, commodities, and bank instruments is because they are lower risk aka safer. When the market is weak and/or volatile, there's no demand for stocks, because the risk is too high. Once the market stabilizes, then demand for stocks increase, which is why we are seeing the Dow going up. People are investing in stocks because they want to. In other words, the markets are now safe enough to warrant investing. It's not because "there's nothing else."

    As far as T-bonds and CDs go: both are very strong investments right now. They have no risk and provide solid returns. If we suffer a double-dip recession, or even a cooling off (which is pretty common over the summer months), you'd be happy you're invested in long-term, zero-risk instruments.

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    Re: Dow Jones hits highest mark since 2007

    i have never heard anyone say what you just posted, digs. and yes, it IS recovery. why such a naysayer? obama would not get your vote if we had 4% unemployment.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Dow Jones hits highest mark since 2007

    Wow, this almost makes you forget that Obama is a Marxist!
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Dow Jones hits highest mark since 2007

    Quote Originally Posted by Helix View Post
    my sentiments exactly.

    however, i'm not a believer in trickle down.
    Rational people tend not to believe the whole trickle down myth. Well at least Obama has helped out his financial buddies, I mean if they weren't rich what would they do? Won't someone please think of the Banker!
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #30
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    Re: Dow Jones hits highest mark since 2007

    Quote Originally Posted by AdamT View Post
    Wow, this almost makes you forget that Obama is a Marxist!
    He's not a Marxist. He's Status Quo, corporatism is a better designation.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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