Moneymoney

Wed Mar 1, 2017, 10:27 AM

Dems, why do you think the stock market is on such a continual increase?

Im sitting here watching the Dow futures up nearly 200 points after Trumps speech last night. We have watched as trillions of dollars of wealth has been created since Trump won in November. If the reality as you see it is that everyone is against Trump, that his policies are awful, that everything hes doing is going to be bad for everyone, etc....how do you balance these two seemingly contradictory truths? Are all those trillions of dollars pouring in just a bunch of stupid brainwashed morons? Or does maybe Wall Street have some idea what the future holds if Trumps policies are actually put into motion?

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Reply Dems, why do you think the stock market is on such a continual increase? (Original post)
LovetoSki1978 Mar 1 OP
ProudNYSTaxPayer Mar 1 #1
LovetoSki1978 Mar 1 #4
ProudNYSTaxPayer Mar 1 #6
LaughingGull Mar 1 #7
ProudNYSTaxPayer Mar 1 #9
NotAWineSnob Mar 1 #2
LovetoSki1978 Mar 1 #3
Goldengirl Mar 1 #5
rampartb Mar 1 #8

Response to LovetoSki1978 (Original post)

Wed Mar 1, 2017, 10:31 AM

1. Same reason it has been steadily increasing since 2009.

We are in the growth part of the economic cycle. As long as consumer sentiment stays where it has been for the last few years the stock market will continue to rise.

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Response to ProudNYSTaxPayer (Reply #1)

Wed Mar 1, 2017, 10:34 AM

4. You think what has happened in the market in the last couple of months is normal economic cycle?

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Response to LovetoSki1978 (Reply #4)

Wed Mar 1, 2017, 10:51 AM

6. Absolutely

Nov 9 2016 open $18317
Feb 28 2017 close $20812
Delta 11.9%

I would bet good money that I can find at least 3, probably more like 5, 3 month double digit deltas during Obama's term. Don't get me wrong, I am happy it is happening and hope that it continues on this path. I don't think that any of the things the POTUS has planned will derail our current economy, in fact if he follows through on a lot of his promises I think that we can reach 4% unemployment. But the economy didn't suddenly recover the day he was elected, it has be been growing and getting healthier for years now.

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Response to ProudNYSTaxPayer (Reply #6)

Wed Mar 1, 2017, 11:40 AM

7. The dow has been setting records since the day after Trump won the Presidency.

Housing starts immediately went up as well.

Face it. Trump's win has been great for the economy, and aside from whiny liberals who are sore losers, the country is optimistic and excited for what is to come.

Deal with it.

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Response to LaughingGull (Reply #7)

Wed Mar 1, 2017, 04:06 PM

9. Did you read my post?

I said that if he follows through on what he has promised he will be good for the economy, but that doesn't negate that so was Obama. Even if you just want to talk about from the prior peak the Dow went up from it's height of 14198 before the crash to 18400 as a high on the day of the election that alone represents an increase of the all time high of 23%. During his administration it when up over 130%, that is an all time record. Consumer confidence has been at normal to high for almost 4 years now. I'm not the one who can't face things in this conversation.

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Response to LovetoSki1978 (Original post)

Wed Mar 1, 2017, 10:32 AM

2. 'does maybe Wall Street have some idea what the future holds'

Ooooh boy, someone has no knowledge whatsoever of the history of the stock market

If it's not clear enough, that someone is you.

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Response to NotAWineSnob (Reply #2)

Wed Mar 1, 2017, 10:33 AM

3. Ok Buddy

Whatever you say if that makes you feel better.

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Response to LovetoSki1978 (Original post)

Wed Mar 1, 2017, 10:36 AM

5. The liberals

will say that the persons in white who were giving Trump the thumbs down and walked out is the reason the stock market is up. And also the sour faced Peloisi also helped the stock market.

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Response to LovetoSki1978 (Original post)

Wed Mar 1, 2017, 11:52 AM

8. they smell that social security money

how is the trading volume? i'm holding for a while more......

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Moneymoney