Dow jumps more than 200 points to 28,000, posts 4-week winning streak

I want to say this is trolling but I dont think it is..srs...

This is why i cant take alot of Trump supporters srs. Only the closing numbers matter lol ok.

When Obama was elected president we were losing about 300k jobs a month in 2008 and 400k jobs a month in 2009. The dow in Oct 2007 was about 14,000..When he was elected in Nov 2008 Dow was around 9,500 or so and it hit just under 8,000 when he became president. In around 14 months it fell from 14k to 8k right before he was president and it bottomed out at about 6500 just months after becoming President. Our economy was in a vastly different situation than when Trump became President. And despite this...the dow closed at 19,827 the day Obama left office. I would say that is quite the turnaround and Trump lucked into a pretty good economy

 

Hey lets not ruin their alternate reality and rain on their parade with actual Facts that under Clinton and Obama we had major stock market gains, far exceeding those of Bush and Trump. 16 years of great stock market gains under Democratic Presidents

 

Perhaps you didn't see post 21 in this thread. I'll make it easy for you and reproduce it below.

Do you see how the black line is way above the blue line? How the S&P went up by 61.5% under Obama in his first 2.5 years in office, and it only went up 20.8% under Trump after his first 2.5 years?

Hopefully you will agree that 61.5 is bigger than 20.8. So yeah, the markets performed better under Obama than under Trump.

Deal with it.

 

while some were busy looking at their statements from 2010. thinking about the good old days before their gal lost, I was looking at my 2019 statement. it looks terrific!

 

So, have you sold yet?

 

The natural rate of interest (or the Wicksellian interest rate) doesn't really have anything to do with any of this. It's just very theoretical. You shouldn't really worry about it. The only thing that you need to know is that the Fed sets the rate that corresponds with the natural rate of interest.

You can learn more about it here:

The Hutchins Center Explains: The neutral rate of interest

As mentioned previous, it's all based on what the natural rate of interest, as it needs to align with the rate of interest for the Fed Funds Rate. In other words, the natural rate of interest is that interest rate which causes neither overheating (boom) or lack of demand (recession). Central banks are essentially concerned with finding the natural because it will provide best economic outcome of low inflation and economic growth.

Another issue that others have pointed out (specifically economist Lawrence Summers) is the idea of secular stagnation, which involves the overall savings increase without the demand for increased investment due to changes in economic fundamentals. Businesses in the modern economy suddenly require less capital for their daily functions. As a result, interest rates would need to stay lower for much longer.

It wasn't simply a low interest rate environment that led to the problems in 2007 and 2008; it was the issues with lax lending standards and too much reliance on short-term commercial paper.

 

It comes down to one thing. If you had to liquidate, would you do so with the markets at 19k or 28k? Rates mean nothing, because in the end its all about the bottom line...

 

The Dow Jones Industrial Average (DJI) fell 0.2% or 54.8 points to close at 27,766.29.
The Dow and the S&P 500 on Thursday closed in the negative territory for the third consecutive day. This marks the Dow’s longest losing streak since August and the S&P 500’s first three-day slide since September.

https://www.yahoo.com/finance/news/stock-market-news-nov-22-140702345.html
So much for the winning...

 

It is up by 63 points currently... me happy.

 

Your question is nonsensical

 

And lose on future appreciation? Why?

 

You don't make any money if you don't sell...........................

 

Not planning to sell, ever. My wife and our kids will make better use of this money when I'm gone.

 

Running off again?

 

Providing for, my friend... providing for.

 

I plan on outliving mine and spending their inheritance..

 

Very selfish of you

 

I was hoping to be stingy at least once.

 

I invest in land. My old man was a securities investment agent and I know what vampiric abilities they have in skimming my cream, so I don't invest in Wall Street..