• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Trump has DOW up over 24000

KLATTU

KLATTU

Banned
DP Veteran
Joined
Jan 2, 2013
Messages
19,259
Reaction score
6,899
Gender
Undisclosed
Political Leaning
Conservative
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

More like Congress has helped the DOW reach that level.
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

I think it will stick the middle class with higher taxes. The only thing that will stick is the lower rates for corporations.
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

Yes Trumps Goldman-Sachs cabinet must be overjoyed. The rest of America not so much. Exploding the deficit because record corporate profits are not enough is going to bite us in the ass.
 
yep, just watch that bubble pop ..................
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

The increase is a function of irrational exuberance. Expectations of future earnings that may or may not materialize. After the tax cuts are passed, thing will heat up even more, but without consistent top line growth, stock values will eventually come back to earth to reflect a corporations true future potential earnings..
 
cuban smokes said:
yep, just watch that bubble pop ..................
Click to expand...

Put your money where your mouth is. Have you bought margin calls or sold call options?

This is not a bubble. It is based on good earnings and strong companies growing.
 
faithful_servant said:
No, now they want to build on that success.
Click to expand...

Nonsense, the opposition is responsible for the success and Reprobate tax proposal will steal what the strangled Obama recovery will continue to grow and build.
 
iguanaman said:
Yes Trumps Goldman-Sachs cabinet must be overjoyed. The rest of America not so much. Exploding the deficit because record corporate profits are not enough is going to bite us in the ass.
Click to expand...

Yes, because middle class Americans don't have 401ks or retirement accounts???
 
Bucky said:
Put your money where your mouth is. Have you bought margin calls or sold call options?

This is not a bubble. It is based on good earnings and strong companies growing.
Click to expand...


The Clown Chaos Bubble will explode like a Kim-un nuke, just like the other GOP presidents have blown-up the economies before ..............
 
cuban smokes said:
The Clown Chaos Bubble will explode like a Kim-un nuke, just like the other GOP presidents have blown-up the economies before ..............
Click to expand...

All they need is their tax plan to pass.
 
cuban smokes said:
The Clown Chaos Bubble will explode like a Kim-un nuke, just like the other GOP presidents have blown-up the economies before ..............
Click to expand...

If you believe what you say, than you will be very rich.

Are you all of a sudden smarter than Warren Buffett?
 
Bucky said:
If you believe what you say, than you will be very rich.

Are you all of a sudden smarter than Warren Buffett?
Click to expand...


well, lemme check wit G W Bush & see how well it worked for him; I'll be right back ..............
 
Exquisitor said:
Nonsense, the opposition is responsible for the success and Reprobate tax proposal will steal what the strangled Obama recovery will continue to grow and build.
Click to expand...

That recovery was the result of the market seeing a more business friendly Congress on it's way. It wasn't due to ANYTHING that Pres. Obama did. President have little influence on the economy (as it should be), but Congress has a lot of influence. The market has been VERY good at anticipating changes in Congress and reacting to those changes. As a general rule, when a Dem. (business UNfriendly) Congress is on it's way in, the market hunkers down, when it sees a Rep. (business friendly) Congress on it's way in, it's pushes forward and expands.
 
faithful_servant said:
That recovery was the result of the market seeing a more business friendly Congress on it's way. It wasn't due to ANYTHING that Pres. Obama did. President have little influence on the economy (as it should be), but Congress has a lot of influence. The market has been VERY good at anticipating changes in Congress and reacting to those changes. As a general rule, when a Dem. (business UNfriendly) Congress is on it's way in, the market hunkers down, when it sees a Rep. (business friendly) Congress on it's way in, it's pushes forward and expands.
Click to expand...

LOL Obama had the largest increase in the stock market ever. When the impact of this terrible bill hits Main Street we will see a huge pullback. Mark my words. Every single new Republican President has a recession in his 1st term and now we see why.

api.asp
 
iguanaman said:
LOL Obama had the largest increase in the stock market ever. When the impact of this terrible bill hits Main Street we will see a huge pullback. Mark my words. Every single new Republican President has a recession in his 1st term and now we see why.

api.asp
Click to expand...
didn't he say ..
"President have little influence on the economy (as it should be), but Congress has a lot of influence."

who was in control of congress form 2010 on?
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

In March 2009, the Dow was below 7,000 and our economy was still melting down. Did y'all give any credit to Obama for turning things around to reach 7,000? 8,000?, 9,000? 10,000? 15,000? 20,000? Did y'all give him credit for handing over to Trump an economy in MUCH better shape than was handed to him in 2009?

Of course not, for it is conservative dogma that Thou Shalt NEVER give liberals or Democrats credit for anything at all, but give credit for everything to conservatives and Republicans.
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

I think the USDollar dropping 14% is the actual stimulus. Would the market be up 14%? Oil is up from $50 to $57 and that is 14%, coinkydink?
/
 
KLATTU said:
Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate.
Click to expand...

Of course it is. Who do you think lobbied for the GOP tax bill? Don't forget when it comes to the economy, the higher you rise the harder you fall.
 
Bucky said:
This is not a bubble. It is based on good earnings and strong companies growing.
Click to expand...

Every bubble sees good earnings and growth of companies. We have done nothing to correct the problems that led to the 2008 'recession.' What makes you think this time is different?
 
KLATTU said:
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick
Click to expand...

You realize this is fueled entirely on the prospect of massive tax reform that will increase revenues of businesses sharply, right?

And that’s a great thing, but it’s being completely financed by adding to the national debt via increased deficit spending.

So what you’re cheering is a massive amount of deficit spending to raise corporate balance sheets.

‘The New Conservatism’, LOL.
 
You must log in or register to reply here.
Back
Top Bottom