General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs trump taking a victory lap over the Dow Jones today?
Last edited Thu Jun 11, 2020, 04:13 PM - Edit history (1)
leftieNanner
(15,124 posts)ownership of the most unstable stock market in the "history of our country"!
For our 401K?
spanone
(135,844 posts)gratuitous
(82,849 posts)"If it wasn't for our terrific, best-ever, economic policies (don't ask which ones, because shut up), the market would have been down about eleventy billion points instead of just sixteen hundred. Obama's fault!"
sarge43
(28,941 posts)Yes I know News is spelt incorrectly, but I don't have BunkerBaby's magical auto-correct.
saidsimplesimon
(7,888 posts)"Gypsies, tramps and thieves, every night they come around and lay their money down."
Rumpie is not the darling of Wall Street. He is a Pharaoh standing in the way of stable markets and prosperity. imo
duforsure
(11,885 posts)Trying to save the markets while he drives us from a recession into a depression from stalling getting direct stimulus checks to the American people. He's also driving the debt up faster than ever before. His history is bankruptcy in business, many times.
RussBLib
(9,019 posts)What a juvenile.
magicarpet
(14,155 posts).... but when it goes up all the credit is his alone.
kentuck
(111,103 posts)Last I checked, it was down 1800 and still falling?
I have heard several reasons, such as coronavirus is spiking again or 1.5 million more people signed up for unemployment, etc.. But, with all the recent negative events that have happened, and had no impact on the market, none of today's explanations make sense to me?
In my opinion, people have to put their money somewhere and the market seems to be the quickest way to make money. It's like the same old cycle, over and over. They will sell today and if the market goes back down to 20,000 or so, they will buy back the same stock they sold today, and repeat the process.
But, that is a fake economy. It has absolutely nothing to do with Main Street, in my opinion.
maxrandb
(15,334 posts)The Democrats better demand that a special master appointed by the speaker is in charge of approving every fucking penny if there is a next stimulus.
If Moscow Mitch and Dipshit Donnie won't agree to that, maybe they'll come to the table when the Dow hits 1,000
ProfessorGAC
(65,076 posts)But, as I said elsewhere, the crowing will still come.
They'll ignore today and trumpet that these indices went up 6-7% over the last month.
The bragging will just take a different form.