Dow?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
irvinehomeowner
Well-known member
So we were guessing how high it would go... now how low?
Currently, 36k seems to have been the lowest.
Almost 10k points loss. Woosh.
Currently, 36k seems to have been the lowest.
Almost 10k points loss. Woosh.
sleepy5136
Well-known member
I've been BUYING aggressively.
sleepy5136
Well-known member
and there you go, markets rallying.
morekaos
Well-known member
Easy moneyYou can’t make an omelet without breaking a few eggs….I love it (and not just because I am net short). A retrace to around 40,000 would not only be warranted after the last 2 years of gains…it would be healthy…strong technical support at the 40,000 level. I love this kaos…it shakes out the weak hands…easy money…
Ignore the stock market — Wall Street dealing with painful detox from government spending addiction
So maybe try to ignore the stock market for a bit — or take some of your gains if you’re in it. Either way, if history is any guide, the real economy that most people care about is poised to do just fine given what Trump is planning, and eventually, so will the stock market.
Think of the current US economy as a junkie weaning himself off heroin, which is never easy. It’s been addicted to the heroin of government spending — both monetary and fiscal — for so long that we are running $2 trillion deficits when the economy is growing near 3% with low unemployment as sleepy Joe Biden spent money we didn’t have.
The Trump people tell me Biden injected as much as $250 billion into the economy in his final months to get Kamala Harris elected. Again, markets did well, but inflation remained high throughout his presidency, a tax on the working class. Rich people didn’t care because they can speculate their way around the high price for staples like eggs through stocks and other inflated financial assets.
Working-class folks not so much, or Harris would be president today.
Ignore the stock market -- Wall Street dealing with painful detox from government spending addiction
morekaos
Well-known member
I told you…Problem is all those numbers are driven by borrowed government spending…GDP is mostly driven by government cash and not private sector spending…jobs growth were mostly in the government sectors…it’s a debt driven illusion . Without private sector growth those numbers mask real weakness. That’s why people “feel” the pain. Not everyone works for the government but under Kackala…
Labor Department Admits Hundreds of Thousands of Biden Jobs Were Fake
The Biden administration claimed to have added almost 400,000 jobs from July through September of last year, but new data released this week suggest none of those jobs ever existed. Despite constantly gaslighting by the mainstream media, Americans knew the economy was in poor shape and these latest numbers prove it.
irvinehomeowner
Well-known member
And you waffle on your tariff signaling and Dow back up to 42k.
Somebody has some insider information on the timing of these announcements.
Somebody has some insider information on the timing of these announcements.
irvinehomeowner
Well-known member
So now that the Dow is over 42k (for now), whose stock market is it again?
Let's go morekaos with your silly spin machine!!!!
Let's go morekaos with your silly spin machine!!!!
morekaos
Well-known member
we have our heading!!!
“We are very probably looking at a global recession, with no end in sight.” – Paul Krugman, November 2016
“Joe Biden will eventually preside over a soaring, ‘morning in America’-type recovery.” – Paul Krugman, November 2020.
“Slower growth is certain. For 2025, I see little or no GDP growth, rising unemployment, and persistent inflation.” – Paul Krugmann, May 2025
issuesinsights.com
Everybody Rejoice! Paul Krugman Is Predicting A Recession!
“We are very probably looking at a global recession, with no end in sight.” – Paul Krugman, November 2016
“Joe Biden will eventually preside over a soaring, ‘morning in America’-type recovery.” – Paul Krugman, November 2020.
“Slower growth is certain. For 2025, I see little or no GDP growth, rising unemployment, and persistent inflation.” – Paul Krugmann, May 2025
Everybody Rejoice! Paul Krugman Is Predicting A Recession!
He has a solid record of being exactly wrong.
issuesinsights.com
sleepy5136
Well-known member
two months ago we were down to 4800-4900 in the S&P and now we are back at 6000. 25% increase on the S&P itself for not selling and staying the course. long story short, DCA & time in market > timing the market
Liar Loan
Well-known member
It's basically back to the level it was at when Trump got elected, so no gains in exchange for some of the worst volatility in market history. A savings account would have been better.
sleepy5136
Well-known member
Not when you buy the dips.
Liar Loan
Well-known member
That's only for new money. Account balances that existed on Election Day have not done any better than a savings account, and suffered through some nasty volatility. Time in the market did not win. In this instance, timing was better.