1jkw Posted October 16, 2019 Share Posted October 16, 2019 3 minutes ago, DriftBusta said: Theres a million ways to frame the discussion. Spending does have to get out of control. We’ll see what happens in term 2. That's for sure. I think you meant under control, it won't. The only way Trump loses is if the economy takes a shit or some other unforeseen disaster happens. In the end the most important thing is personal wealth and how well individuals are doing, all the moral and idealistic shit takes a backseat to that, same as it ever was. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 16, 2019 Share Posted October 16, 2019 10 hours ago, 1jkw said: That's for sure. I think you meant under control, it won't. The only way Trump loses is if the economy takes a shit or some other unforeseen disaster happens. In the end the most important thing is personal wealth and how well individuals are doing, all the moral and idealistic shit takes a backseat to that, same as it ever was. Here’s to hoping. Don’t have the GDP to debt ratios in front of me, but even with the economy humming, the spending does have to be confronted at some point. Maybe if the public starts voting out all these career politicians of both parties. Quote Link to comment Share on other sites More sharing options...
1jkw Posted October 16, 2019 Share Posted October 16, 2019 Just now, DriftBusta said: Here’s to hoping. Don’t have the GDP to debt ratios in front of me, but even with the economy humming, the spending does have to be confronted at some point. Maybe if the public starts voting out all these career politicians of both parties. Everything I hear and read, states consumer spending is what is keeping the market going. It's a good thing you don't have them in front of you they aren't good. Spending won't stop, it's not even talked about in DC, the only thing that might slow it a little would be a Dem Pres, and a Rep. house and senate, other than that the sky is the limit imo. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted October 16, 2019 Share Posted October 16, 2019 27,400 right now. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 16, 2019 Share Posted October 16, 2019 11 minutes ago, XCR1250 said: 27,400 right now. 1400 points in 20 months since this thread started- thats not very good S&P 500 which is a far better index to see the broader market up just over 100 pts in that time as well. Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 16, 2019 Share Posted October 16, 2019 20 minutes ago, XCR1250 said: 27,400 right now. Ahhhh.....no Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted October 16, 2019 Share Posted October 16, 2019 7 minutes ago, Angry ginger said: 1400 points in 20 months since this thread started- thats not very good S&P 500 which is a far better index to see the broader market up just over 100 pts in that time as well. I remember when 1000 was very good. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted October 16, 2019 Share Posted October 16, 2019 1 minute ago, f7ben said: Ahhhh.....no That's what it said when I checked it an hour ago. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 16, 2019 Share Posted October 16, 2019 21 minutes ago, XCR1250 said: 27,400 right now. Not sure where you’re seeing that. My screen is showing a pretty flat day. 7 minutes ago, Angry ginger said: 1400 points in 20 months since this thread started- thats not very good S&P 500 which is a far better index to see the broader market up just over 100 pts in that time as well. Who guages market performance based on when a thread on a snowmobile website is started? Both are regularly cited as broad market indices. Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 16, 2019 Share Posted October 16, 2019 56 minutes ago, XCR1250 said: That's what it said when I checked it an hour ago. Sorry....under 27k and falling today. Not sure where you saw 27400 Quote Link to comment Share on other sites More sharing options...
Anler Posted October 16, 2019 Share Posted October 16, 2019 Itll be 30,000 before Trump leaves office! Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted October 16, 2019 Share Posted October 16, 2019 Market Summary > Dow Jones Industrial Average INDEXDJX: .DJI 27,001.98 −22.82 (0.084%) Oct 16, 5:05 PM EDT · Disclaimer 1 day 5 days 1 month 6 months YTD 1 year 5 years Max 27,026.43 12:15 PM 26,90026,95027,00027,05027,100Previous close 27,024.80 10:00 AM12:00 PM1:00 PM2:00 PM3:00 PM4:00 PM Open 26,972.31 High 27,058.34 Low 26,943.29 Financial news, comparisons and more Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 16, 2019 Share Posted October 16, 2019 2 hours ago, XCR1250 said: I remember when 1000 was very good. yes because like Woolie you think in points not percentages. points don't really matter- percentages do. Quote Link to comment Share on other sites More sharing options...
washedupmxer Posted October 16, 2019 Share Posted October 16, 2019 No one checked in cheering for the loss today? Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 17, 2019 Share Posted October 17, 2019 3 hours ago, Anler said: Itll be 30,000 before Trump leaves office! It should be. 1 hour ago, Angry ginger said: yes because like Woolie you think in points not percentages. points don't really matter- percentages do. Um, his point was that points DON’T mean as much as they used to, which means he DOES think in percentages. What part of 50 PERCENT increase since he took office, in less than 3 years, don’t you understand? Quit trying to be a dickhead. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted October 17, 2019 Share Posted October 17, 2019 2 minutes ago, DriftBusta said: It should be. Um, his point was that points DON’T mean as much as they used to, which means he DOES think in percentages. What part of 50 PERCENT increase since he took office, in less than 3 years, don’t you understand? Quit trying to be a dickhead. you ignored obamas percentages for years, most of your comparisons since the beginning of the thread ignore that Trump was lagging behind Obama apples to apples. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 17, 2019 Share Posted October 17, 2019 Just now, Angry ginger said: you ignored obamas percentages for years, most of your comparisons since the beginning of the thread ignore that Trump was lagging behind Obama apples to apples. No one cares. Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 17, 2019 Share Posted October 17, 2019 6 minutes ago, DriftBusta said: No one cares. Exactly.... nobody with a brain cares about your partisan blather. Kill yourself you dumb motherfucker Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 26, 2019 Share Posted October 26, 2019 Stocks at record highs.....yet earnings are down 13% YoY...... Makes total sense Quote Link to comment Share on other sites More sharing options...
Edmo Posted October 26, 2019 Share Posted October 26, 2019 20 minutes ago, f7ben said: Stocks at record highs.....yet earnings are down 13% YoY...... Makes total sense Remember the phrase “irrational exuberance”? Its baaaack! Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 26, 2019 Share Posted October 26, 2019 23 minutes ago, f7ben said: Stocks at record highs.....yet earnings are down 13% YoY...... Makes total sense Yet still within the standard deviation of normal valuations. Quit thinking you have a clue. Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 26, 2019 Share Posted October 26, 2019 Just now, DriftBusta said: Yet still within the standard deviation of normal valuations. Quit thinking you have a clue. Bullshit. Guidance is universally soft , GDP is down 30-40% and this market is overvalued significantly. This is an obvious melt up with a side of shameless pump and the bubble is only being made worse by a new round of QE Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 26, 2019 Share Posted October 26, 2019 WOOLIE SAYS THE IMF NEEDS TO QUIT ACTING LIKE IT HAS A CLUE DERP https://www.marketwatch.com/story/us-stock-market-is-overvalued-imf-says-2019-10-16 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 26, 2019 Share Posted October 26, 2019 1 minute ago, f7ben said: WOOLIE SAYS THE IMF NEEDS TO QUIT ACTING LIKE IT HAS A CLUE DERP https://www.marketwatch.com/story/us-stock-market-is-overvalued-imf-says-2019-10-16 Oh look, Bent found a consumer article with an opinion. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2019 Share Posted October 26, 2019 40 minutes ago, f7ben said: Stocks at record highs.....yet earnings are down 13% YoY...... Makes total sense What happened to the inverted yields? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.