S&P 500 and Nasdaq Composite close at records after October jobs report

Well that's your opinion, and in my world it means nothing to me really Again, if I can help you, more on, this, or any other questions you might need clarification on please feel free to ask

 

Empirical fact isn’t an opinion. It’s reality. I don’t need clarification. I pointed out that you complimented a demonstrably false statement he made.

 

Yes I understand it wasn't a option as you didn't offer any! So again we are in agreement! But the offer still applies, if you need ANYTHING, more on, this or any other questions, please feel free to ask, I'm happy to help!

 

I’ve proven it, numerous times. I just pointed out what you complimented was demonstrably false.

Why would I want your help? I’m the one who corrected you, lol

 

I loved being self employed and hated working for corporations and large companies. It's a cake walk if it's old hat..

 

Yup, like I said

 

Jimmy Carter said in the 70's what is still being said today.

"Looking for a way out of this crisis, our people have turned to the Federal Government and found it isolated from the mainstream of our nation’s life. Washington, D.C., has become an island. The gap between our citizens and our government has never been so wide. The people are looking for honest answers, not easy answers; clear leadership, not false claims and evasiveness and politics as usual.

What you see too often in Washington and elsewhere around the country is a system of government that seems incapable of action. You see a Congress twisted and pulled in every direction by hundreds of well-financed and powerful special interests.

You see every extreme position defended to the last vote, almost to the last breath by one unyielding group or another. You often see a balanced and a fair approach that demands sacrifice, a little sacrifice from everyone, abandoned like an orphan without support and without friends.

Often you see paralysis and stagnation and drift. You don’t like it, and neither do I. What can we do?"

The plaintive, "What can we do?"

Ronald Reagan had a few ideas and so does Donald Trump but, as we've learned, that Swamp is very very powerful and has a great deal of support among Leftists. That's a mystery.

Trump certainly can't drain that swamp in one term but we'll see what happens in his second term.

 

You corrected me? How's that? I simply commented on the Borats post, nothing on the content was mentioned, again now I'm wondering what you were thinking, or what you were thinking I was thinking?

There I highlighted the part I was commenting on. Now we have something, more on, for you to proccess ​

 

Apart from politics has Barrack Obama ever succeeded at anything? He seemed to be the right color at the right time, as Joe Biden and Harry Reid have pointed out.

 

He was truly an empty suit.

 

Memories of Clint Eastwood and his empty chair.

 

dup

 

Hr seemed to be manufactured. There really was nothing there. And his 'great orations' were juvenile and are already long forgotten.

 

Eastwood was ahead of his time on that!

 

2,696 on Jan 2
3,067 on Nov 1

That's a gain of 14%

 

Not bad, QN

From its 1/26/18 closing price (2,872.87), the S&P 500 is up 6.75% for the approximately 21 months. This translates into an average annualized return of about 3.8% … clearly less than stellar.

Using the 1/2/18 opening price (2,673.61), the index is up 14.71% for the 22 months. This is an annualized return of about 8%, which is nothing more than … average...

 

Good job, picking up on my cherry picking of stock data.

True to form, Zorro then cherry picks his own to make the numbers look better for Trump.

The reality, however, is that since the tax cut, the stock market has been at the most at, but more below average in terms of gains. The big gains came in Trump's first year, when the market was driven by hope, rather than fundamentals. Since then, the tax cut sugar high has worn off, and Trump starts realizing how hard it is to break the 2% GDP growth mark. Over are the days of talk about 4%, or even 5% or 6% GDP growth, as he did during the campaign.

I wonder how he will sell this reality to the base. Oh, I already know how: We'll all be poor when the Dems take over.

 

I used Jan 2 to Nov 1 (the market was closed Jan 1 and Nov 2)
and you use some mid month number against god only knows what and you accuse ME of "cherry picking"? Pardon me while I throw my head back and guffaw. BAHAHAHAHAHA!

The plain fact is that your claim:

This is easily checked and obviously wrong. The Index is up 14%, or 2.33 TIMES your claim.

At 7% a year, your money doubles every 10 years, that's not exactly poke in the eye. But, if you want your money elsewhere, by all means.

Obama averaged 1.59% and we were assured that this was the "New Normal", all we could expect and that Trump would be a disaster. Instead, Trump has averaged 2.65, which beats Obama 7 out of 8 times.

Please direct me to your posts that complained about Obama's dismal GDP performance.

It sells itself. At Obama's growth rates, it takes over 44 YEARS for our economy to double, our pension and social security trusts go belly up, and only those already rich or connected to government prosper while the Left doles out meager portions of a shrinking pie to those they favor. At Trump's growth rates our economy doubles in 26 years, and at Trump's unemployment rate the Social Security Trust Fund never runs out of money!

Dems aren't taking over squat. Trump's approach is working, and we all know that you don't mess with what's working.

 

What about Trump's DEFICIT as a percent of GDP?

a. He halted it
b. He slowed it
c. He increased it

Sep 30th, 2016 DEFICIT as a percent of GDP; 3.1% ($585 billion/$18.806 trillion)

Sep 30th, 2019 DEFICIT as a percent of GDP; 4.6% ($987 billion/$21.225 trillion)

Partisan response; "Congress controls the purse"

 

Dow rips higher to a record, now up 18% on the year.

Not bad!