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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> Dow down, frown. /cgi-bin/YaBB.pl?num=1517871564 Message started by eau de sauvage on 02/05/18 at 14:59:24 |
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Title: Dow down, frown. Post by eau de sauvage on 02/05/18 at 14:59:24 Dow Jones suffers worst day in over six years as global stock markets fall... https://www.theguardian.com/business/2018/feb/05/stock-markets-continue-to-fall-amid-interest-rate-hike-fears ...the largest one-day points fall on record and erasing all the gains made so far this year. How can this be when the Orange One said only last week... More Unprecedented success for our Country, in so many ways, since the Election. Record Stock Market, https://twitter.com/realDonaldTrump/status/954843844402647040 |
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Title: Re: Dow down, frown. Post by justin_o_guy2 on 02/05/18 at 16:01:59 Watching the people who don't know what is happening act like it's a tragedy is funny. People leave stocks and buy bonds when economic activity starts leaning towards interest rate hikes. That cools the market. Have Any of you even looked at the Price to Earnings ratios? The market is Oversold. It's all trumps fault, but the run up was Obama's?? |
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Title: Re: Dow down, frown. Post by raydawg on 02/05/18 at 17:13:22 What got my attention was stock buyback.... Companies getting to reset, in over stressed revenue. It’s like folks who use a credit card transfer to pay off another credit card, then continue to USE the card with a zero balance. I got a pretty good hunch just who of those who post here prolly have done this ;D Stock market is not a short gain investment, that’s Las Vegas ;D Clueless people uttering nonsense and spew to be part of a click will always be ignorant and at the whim of others.....bank on that ;D |
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Title: Re: Dow down, frown. Post by eau de sauvage on 02/05/18 at 18:23:23 @JoG, Way to miss a point JoG. That point being that if Trump is going to claim credit for the Dow doing well then he has to claim credit for this record fall. That's 'record' as in it broke all recorded records. |
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Title: Re: Dow down, frown. Post by justin_o_guy2 on 02/05/18 at 19:08:38 And my post claiming it's his fault is correct. |
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Title: Re: Dow down, frown. Post by raydawg on 02/05/18 at 19:30:35 Now Jog...... I’ll take Janet Yellen anyday over the current crop. Yeah, Trump needs to tone his rhetoric down, but that ain’t gonna happen in my life time. He makes Obama with his I taking credit for sliced bread, seem like a humble statement compared to Trumps masterbation of himself :o I hope things settle down to “normal” now, I couldn’t stand another Trump term, but if the libs keep pushing Hollywood and academia keeps teaching hate, that jerk might get another term by default. |
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Title: Re: Dow down, frown. Post by eau de sauvage on 02/06/18 at 05:13:55 Let's be clear on this, this is not just normal fluctuations this is the biggest stock market drop in U.S. history, when measured by points in the Dow Jones industrial average. |
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Title: Re: Dow down, frown. Post by Trippah on 02/06/18 at 06:16:24 But it is "only" perhaps a correction on a wildly overblown stock market run up based on our standard of morality, greed. All the people (now that corporations are people) are happy that they have the green light from the party of "Pillage and Plunder" and are investing in their and various other enterprises. (( Monies they withheld (often overseas) while the Donkeys were in power and wanted more of that wealth for their own use)). It should not be lost on anyone that when things improve for workers (raises, more jobs filled and more opportunities available) that the stock market reacts negatively. As mush as I dislike the man, I watched him on the news the other day. Orange man - hmm, do you think he is an Orangutan dressed up (or down depending on you evolutionary view) as a human?? ;) The simple fact is most stocks are way overvalued when looked at through earnings etc. The pressure on the Fed will be to raise interest, which will at some time make investing in banks (rather than stocks) a viable option. Is that a good option is questionable given the great bank failures in our short life times eg savings and loans , then the 08 banking derivatives failure. ;D |
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Title: Re: Dow down, frown. Post by justin_o_guy2 on 02/06/18 at 06:52:36 Offering an objective, economically sound reply doesn't matter. It wasn't unexpected. It's NOT a response to a bad policy decision by Trump. |
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Title: Re: Dow down, frown. Post by verslagen1 on 02/06/18 at 07:58:40 72607477606664010 wrote:
Still not the biggest percentage drop in history... https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average |
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Title: Re: Dow down, frown. Post by T And T Garage on 02/06/18 at 12:52:23 697A6D6C737E787A712E1F0 wrote:
Still not the biggest percentage drop in history... https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average[/quote] True - thanks ronnie! |
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Title: Re: Dow down, frown. Post by justin_o_guy2 on 02/06/18 at 16:46:48 Take a years long series of bad policies and a chugging along market, Unburden it, throw gas on it, and Then it's supposed to only go up. Either disingenuous or ignorant .. I'm done arguing with you. |
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Title: Re: Dow down, frown. Post by raydawg on 02/07/18 at 10:46:35 4B545255484F7E4E7E46545813210 wrote:
HAHA...... Pizzing into the wind are you Jog ;D I decided later in the year, to lock up some money...... Its silly to keep playing, risking my money, when I don't need it to live on. I'll keep a big enough pot liquid just to be able to jump on a good deal, but I'll put a few hundred K into bonds, so my children have some modest funds if needed when I'm gone. I already have about 20% invested there now, house is almost paid off, ( need one more year of write off) no debt, but this market is crazy on the emotions. I don't like big run ups, or big drops, just steady.... I'm a cheap SOB, I hate losing money. I don't horde it, no, but when I go to Vegas, its only 1 hundred dollars I play with, and when that's gone, its done. If, I have any winnings, it goes into the other pocket, and pays for the trip, its quick, and over, if I hit, I get a nice payout, or I don't.... I don't keep digging a hole where it takes a bigger shovel to recover ;D You wizards keep up the good work, your wisdom is just stellar, I'm so mush wiser from reading a performance motorcycle message board... :-* |
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