Dead. Cat. Bounce.
Democrats didn’t succeed in lying the nation into an economic depression?
Lots of sad faces out there in cable land today, I’ll bet.
Naturally. Because everything that caused a 15% decline in the last 3 months has gone away. Everything is awesome again. I’d like to meet the idiot that bought today because Trump said all is well. I’d say todays gain evaporates in a few days...maybe there’s a 10% rally in the next few weeks or months. But it’ll be down below 20K by June.
I just read U.S. Holiday Retail Sales Are Strongest in Years, Early Data Show.
There are a lot of forces trying to undermine the US economy, most for political reasons, but at some point, the money makers will not sit on the sidelines and let others profit in the market.
Bottom feeders nibbling today. I am seeing Dow well below 20,000 in 2019. Tax cuts no longer possible with democrats in charge of House. And not many regulations left to remove. And we must keep tariff wars active for the sake of future American jobs in manufacturing.
Europe still has very low interest rates and their economy is worse shape than ours. And they have no room left to stimulate with lower rates.
Right now I like energy and precious metals as defensive stocks.
Thanks for jinxing it!
Noticed that the media wasn’t reporting the excellent total spent for Christmas. I believe it was way higher than predicted.
“Worst Christmas Ever”
Snort, hardly the worse ever. Long, long way from being the worse ever. But, hey, everything under the sun (and including the sun) is the worst ever because of Trump.
Commie rats upset because they can’t trash Trump today..oh well they will think of something else to trash him about..picking his nose..drinking a soda, something
It goes up, it goes down. Will the doomsday forecasts all be retracted? Will the papers look for traders with big smiles on their silly-a$$ faces?
Will articles appear that praise Trump?
Using the DOW as the sole indicator of the health of the economy is something a small mind might be tempted to do, but there is more to the economy than the ONE number that is broadcast thousands of times daily, the “DOW.”
Why is it, that when it goes down (during a Republican administration) it’s a “plunge,” “free fall,” “a crash.”
The Detroit rag news” says: “... Mr. President. But the stock market drop rests in your lap.” Will it say “The stock market rise rests in your lap”?
The Journal had an interesting article on this today. Apparently one of the things - and possibly the major thing - behind these wild swings is computerized trading, which is automatic and instantaneous. And then, in a sense, it’s reading its own data and acting on that basis so things go from bad to worse (or from high to too high, depending).
I think this is a serious problem, and I also think it’s vulnerable to hacking in a big way. Heck, one of the Vegas casinos got hacked by the Chinese through its huge fish tank, which had a security system to watch for changes in water temperature that unfortunately was not very secure itself. The Chinese are the biggest offenders in this, and you better believe that they’d like to destroy our economy.
Bill Maher Hopes for ‘Crashing Economy’ to Get Rid of Trump — ‘Bring on the Recession’
The data are clear...sitting presidents overseeing economic malaise or recession don't get re-elected.
Now, I'm not going to go all tin foil hat and claim this is all being caused by Soros, the Illuminati, the Masons, the Rockefeller and Rothschild families, and the Trilateral Commission. Quite the contrary: The NYSE and NASDAQ's combined capitalization was $33 TRILLION in April 2018. Nobody in the list I compiled can cause $5 trillion in evaporation just because they want to...indeed, total nonfarm payroll employment increased by 155,000 in November 2018, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
But I DO believe that expectations can beget changes in the real economy. This is why it is important that the Administration get ahead of the nattering nabobs of economic negativism in 2019. Otherwise people may get hurt and Bill Maher may get his wish.
You mean it’s not the end of the world, with Trump to blame, after all? No worries, though. Neil Cavuto and the rest of the LSM will find a way to negatively report it, and continue on with their desperate attempt to rid themselves of Trump.
We didn't need to be afraid ?
We may have learned math, but we're still public school grads.