Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

Discussion in 'Current Events' started by Andrew Jackson, Mar 12, 2020.

Page 23 of 27
  1. Market Junkie

    Market Junkie Banned

    Joined:
    Dec 11, 2016
    Messages:
    2,390
    Likes Received:
    1,920
    Trophy Points:
    113
    Despite today's big loss, the S&P 500 rose an impressive 10.3% this week.

    But investors should keep in mind what happened back in 2008...

    If memory serves, the 500 hit a low point in October of that brutal year.

    Then it bounced a very impressive 25% or so off the low, but gave almost all that gain back in just a few volatile sessions later in the month.

    The 500 then moved impressively higher again in November, only to plunge to a new low later in that month.

    The 500 made another big up move in December and into January 2009, only to start falling once again to what became the ultimate bottom (3/9/09) of that brutal bear market.

    Bottom line: There's a chance that the S&P 500's Monday (3/23/20) close (2,237.40) will not be the ultimate bottom of this bear market...
     
    Market Junkie, Mar 27, 2020
    #551
    MrTLegal and JakeStarkey like this.
  2. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,535
    Likes Received:
    37,908
    Trophy Points:
    113
    Or maybe you just like to have your cake and eat it too :)
     
    ButterBalls, Mar 27, 2020
    #552
  3. JakeStarkey

    JakeStarkey Well-Known Member

    Joined:
    Sep 4, 2016
    Messages:
    25,747
    Likes Received:
    9,526
    Trophy Points:
    113
    JakeStarkey said: ↑
    Terrible day but Trump is responsible for it, as he is for the all-time granddaddy of stimulus socialist bills.

    You are describing yourself.

    Thank heavens the far right "filtering" approach was not adopted by the President, just the opposite.
     
    JakeStarkey, Mar 27, 2020
    #553
  4. Andrew Jackson

    Andrew Jackson Well-Known Member

    Joined:
    Feb 1, 2016
    Messages:
    48,621
    Likes Received:
    32,364
    Trophy Points:
    113
    FACT:

    Trump's ROARING Market (Even after a Record Stimulus) dropped almost 1,000 points today.
    [​IMG]



    [​IMG]
     
    Andrew Jackson, Mar 27, 2020
    #554
    MrTLegal likes this.
  5. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    Fact:
    When it recovers, you'll be the last to call it Trump's market.
     
    TOG 6, Mar 27, 2020
    #555
  6. Market Junkie

    Market Junkie Banned

    Joined:
    Dec 11, 2016
    Messages:
    2,390
    Likes Received:
    1,920
    Trophy Points:
    113
    Market Junkie, Mar 28, 2020
    #556
  7. JakeStarkey

    JakeStarkey Well-Known Member

    Joined:
    Sep 4, 2016
    Messages:
    25,747
    Likes Received:
    9,526
    Trophy Points:
    113
    The market will go below 18500 again this week.
     
    JakeStarkey, Mar 28, 2020
    #557
  8. Market Junkie

    Market Junkie Banned

    Joined:
    Dec 11, 2016
    Messages:
    2,390
    Likes Received:
    1,920
    Trophy Points:
    113
    Stock futures market has been open for about an hour now.

    Dow futures currently down more than 500 points (2.4%)...
     
    Market Junkie, Mar 29, 2020
    #558
    JakeStarkey likes this.
  9. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,957
    Likes Received:
    37,679
    Trophy Points:
    113
    Who in China made trump lie to us about the dangers of the virus?
     
    The Mello Guy, Mar 30, 2020
    #559
    Derideo_Te likes this.
  10. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    He didn't...China and the WHO lied to you about the dangers of it....they lied to us all...they said it wasn't person to person...they said that even in Mid-Jan...thankfully the President ignored them, as well as the Chinese Govt and the their puppets in the DNC and banned travel.

    You all should have been taking it seriously and following the news, instead you were wrapped up in the impeachment hoax.

    FYI Dow is up 450 points
     
    struth, Mar 30, 2020
    #560
  11. grapeape

    grapeape Well-Known Member Past Donor

    Joined:
    Jul 26, 2015
    Messages:
    17,046
    Likes Received:
    9,444
    Trophy Points:
    113
    Some of what you say might be true, but keep in mind 2 things :

    1. Without that "credit" spending, the economy as a whole would be in the crapper

    2. Most people spend all that they make because they have to. They don't make enough to truly save anything. Wages have not kept pace with inflation for a while now. Real hourly wages when factoring in inflation have grown 1.7% since 2010

    now, are some people foolish with their money? YES
     
    Last edited: Mar 30, 2020
    grapeape, Mar 30, 2020
    #561
  12. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,957
    Likes Received:
    37,679
    Trophy Points:
    113
    We at zero yet like he claimed a month ago?
     
    The Mello Guy, Mar 30, 2020
    #562
    Derideo_Te likes this.
  13. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    I'm not sure what you are asking?

    do the Dems still think travel restrictions are a over reaction and racist?
     
    Last edited: Mar 30, 2020
    struth, Mar 30, 2020
    #563
  14. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    This is a choice; you only spend you make because you choose to.
     
    TOG 6, Mar 30, 2020
    #564
  15. grapeape

    grapeape Well-Known Member Past Donor

    Joined:
    Jul 26, 2015
    Messages:
    17,046
    Likes Received:
    9,444
    Trophy Points:
    113
    no, when you only make enough to cover rent and bills, you spend ewhat you make.

    Guess you missed the post that showed in the last 15 years where inflation outpaced wages so the average worker has seen only a 1.5% increase in real wages
     
    grapeape, Mar 30, 2020
    #565
    Derideo_Te likes this.
  16. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    You have control over what you pay in rent and bills - and thus, you make the choice to spend what you make.
     
    TOG 6, Mar 30, 2020
    #566
    struth likes this.
  17. grapeape

    grapeape Well-Known Member Past Donor

    Joined:
    Jul 26, 2015
    Messages:
    17,046
    Likes Received:
    9,444
    Trophy Points:
    113
    yep....live in a slum so you can have $100 in the bank ?
     
    grapeape, Mar 30, 2020
    #567
  18. TOG 6

    TOG 6 Well-Known Member

    Joined:
    Oct 23, 2015
    Messages:
    47,848
    Likes Received:
    19,639
    Trophy Points:
    113
    And thus, you agree: people spend all they make because they choose to.
    Thank you.
     
    TOG 6, Mar 30, 2020
    #568
    Dutch and struth like this.
  19. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,957
    Likes Received:
    37,679
    Trophy Points:
    113
    Im asking why he lied to us for so long
     
    The Mello Guy, Mar 30, 2020
    #569
  20. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    He didn’t
     
    struth, Mar 30, 2020
    #570
  21. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,957
    Likes Received:
    37,679
    Trophy Points:
    113
    So we’re down to zero now like he said a month ago?
     
    The Mello Guy, Mar 30, 2020
    #571
    Derideo_Te likes this.
  22. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    Not yet. It will get there.

    you still think travel restrictions are fearmongering and racist?
     
    struth, Mar 30, 2020
    #572
  23. The Mello Guy

    The Mello Guy Well-Known Member

    Joined:
    Apr 13, 2010
    Messages:
    109,957
    Likes Received:
    37,679
    Trophy Points:
    113
    He said it would happen like a month ago. Why was he downplaying such a dangerous pandemic? Stupidity or just looking out for himself?
     
    The Mello Guy, Mar 30, 2020
    #573
    Derideo_Te likes this.
  24. JakeStarkey

    JakeStarkey Well-Known Member

    Joined:
    Sep 4, 2016
    Messages:
    25,747
    Likes Received:
    9,526
    Trophy Points:
    113
    winning!
     
    JakeStarkey, Mar 30, 2020
    #574
  25. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

    Joined:
    Apr 19, 2008
    Messages:
    94,819
    Likes Received:
    15,788
    Trophy Points:
    113
    Of course they did, Obama traded the stock market for American lives.
     
    Professor Peabody, Mar 31, 2020
    #575
Page 23 of 27

Share This Page