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Dow Jones at an all time high

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  • #16
    Originally posted by Roscoe View Post
    "I want to create jobs" - well you can't do that by raising taxes and continued spending levels that you have. Not to mention healthcare is fucking over every business.

    Companies are doing great (look at the market) but they still aren't hiring because of fear and uncertainty of the future. Obama is great at selling guns, that's about it.
    Roughly 70% of S&P profits come from overseas. Earnings are good because of exchange rates on those profits. And cost cutting. Consumer demand is decent. Problem is no one wants to invest capital. That means no jobs. We aren't even creating enough jobs to keep up with population growth.
    Originally posted by racrguy
    What's your beef with NPR, because their listeners are typically more informed than others?
    Originally posted by racrguy
    Voting is a constitutional right, overthrowing the government isn't.

    Comment

    • #17
      Originally posted by Broncojohnny View Post
      Problem is no one wants to invest capital. That means no jobs.
      That's my point.

      Comment

      • #18
        Originally posted by Roscoe View Post
        That's my point.
        But the Dow Jones is at a high! So that means everything is good! Lol
        Originally posted by racrguy
        What's your beef with NPR, because their listeners are typically more informed than others?
        Originally posted by racrguy
        Voting is a constitutional right, overthrowing the government isn't.

        Comment

        • #19
          Originally posted by Broncojohnny View Post
          But the Dow Jones is at a high! So that means everything is good! Lol
          12.22% return so far today, so I'm happy...

          Comment

          • #20
            It's important to realize that the stock market is not a determinant of the economy's health. The stock market is essentially individuals and businesses confidence in the economy on a short term. It's highly volatile right now, which is why you see huge swings from day to day. If you think the economy isn't going to implode wednesday than you buy tuesday, it doesn't mean it's healthy. The stock market crash of 1929 took place in 6 days, and was preceeded by high volatility (like we have now) and congressional legislation was the blamed for the instability (exactly like we have now). So, just keep that in mind - if the stock market were to crash next week, what we're seeing right now is exactly what happened in 1929, just before the biggest stock market crash in history. I'm not saying that is going to happen, I'm just pointing out the absurdity of using the stock market as a determinant of the economy as a whole. The debt this country has is far more important to judge economic solvency.
            "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
            "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

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            • #21
              the heat is on!
              THE BAD HOMBRE

              Comment

              • #22
                Originally posted by naynay View Post
                the heat is on!
                ^^ read that, you might learn something.
                "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
                "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

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                • #23
                  ain't naybody got time fo' dat!
                  http://www.truthcontest.com/entries/...iversal-truth/

                  Comment

                  • #24
                    Originally posted by CJ View Post
                    ^^ read that, you might learn something.
                    i simply asked everyones thoughts, i dunno why all the personal attacks?!
                    THE BAD HOMBRE

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                    • #25
                      Originally posted by naynay View Post
                      i simply asked everyones thoughts, i dunno why all the personal attacks?!
                      I'm not attacking you, I'm just giving you an explanation for how the stock market is not the best way to gauge an economy.
                      "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
                      "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

                      Comment

                      • #26
                        Originally posted by CJ View Post
                        It's important to realize that the stock market is not a determinant of the economy's health. The stock market is essentially individuals and businesses confidence in the economy on a short term. It's highly volatile right now, which is why you see huge swings from day to day. If you think the economy isn't going to implode wednesday than you buy tuesday, it doesn't mean it's healthy. The stock market crash of 1929 took place in 6 days, and was preceeded by high volatility (like we have now) and congressional legislation was the blamed for the instability (exactly like we have now). So, just keep that in mind - if the stock market were to crash next week, what we're seeing right now is exactly what happened in 1929, just before the biggest stock market crash in history. I'm not saying that is going to happen, I'm just pointing out the absurdity of using the stock market as a determinant of the economy as a whole. The debt this country has is far more important to judge economic solvency.
                        Kind of like people partying the hardest right before they go bankrupt.

                        Comment

                        • #27
                          Originally posted by naynay View Post
                          i simply asked everyones thoughts, i dunno why all the personal attacks?!
                          because you troll worse than a drunken wing man @ 2am in a club full of fat chicks.
                          Originally posted by PGreenCobra
                          I can't get over the fact that you get to go live the rest of your life, knowing that someone made a Halloween costume out of you. LMAO!!
                          Originally posted by Trip McNeely
                          Originally posted by dsrtuckteezy
                          dont downshift!!
                          Go do a whooly in front of a Peterbilt.

                          Comment

                          • #28
                            Originally posted by Sean88gt View Post
                            Kind of like people partying the hardest right before they go bankrupt.
                            It's not about what the economy is going to do, it's about what you THINK other people's opinion of the economy is going to do.
                            "When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
                            "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler

                            Comment

                            • #29
                              It's always brightest before the fucking darkness sneaks up and kicks you in the balls.....or some shits.

                              Comment

                              • #30
                                Originally posted by CJ View Post
                                It's not about what the economy is going to do, it's about what you THINK other people's opinion of the economy is going to do.
                                And that is where faith in the system comes from. I can tell you that I hold more physical assets than I have in a long time partially because the DOW is so high.

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