TRUMP WILL DESTROY THIS COUNTRY!!!!

[dutch508]

Star Member brooklynite (36,951 posts) http://upload.democraticunderground.com/10141716672

Dow breaks above 21,000 as stocks hit all-time highs after Trump's speech

Source: CNBC

ooops.

Star Member kimbutgar (4,745 posts)
1. Before the crash in 1929 it reached new highs

After working several years in Wall Street this is such a bs rally. A lot of traders are chump supporters who are trading on emotion not facts or good quarterly earnings.

 

DetlefK (9,424 posts)
7. "trading on emotion not facts"

And this is exactly the reason why even the most powerful computers in the world still cannot predict the stock-market.

you ****ing retards live by emotion. 

DetlefK (9,424 posts)
6. This is exactly the new economic bubble that Krugman et al. are warning about.

Krugman predicted that first the stocks will rise under Trump, because of hope and enthusiasm among investors that a future economic boom is imminent.
Then the investors will realize that Trump has no idea how to make that predicted economic boom actually come true.
Then they will retreat their money.
Then comes a small recession.

all they have is to hope the country fails.

NurseJackie (11,556 posts)
21. I wonder how corporations with ties to the DOD are doing.

Star Member ProfessorGAC (29,021 posts)
22. There's No Causation

This analysis is just silly. A 1% bump in opening trading is not uncommon (look at a day to day statistical charting of DJIA or S&P), and it's not terribly uncommon for it to rise and stay until close.

There wasn't a thing in that speech that would have directly caused the spike no matter what CNBC people have to say.

Let's go over this again... When bad things happen it's Trump's fault- even if the bad thing didn't really happen.
When good things happen it's because Barry set the conditions...

Star Member Vinca (32,054 posts)
25. Remember Obama getting credit for the market going up 14,000 points? Me neither.

JackRiddler (24,830 posts)
29. Why?

Giving Obama credit for what Wall Street did made for a pretty daily celebration around these parts.

Maybe one day people who rely on wages and salaries (or pensions, or nothing) as opposed to return on capital will realize that the price index of 30 big corporate stocks as chosen by a capitalist press organ may not be the best indicator of how well 90% of the people are actually doing.

[SVPete]

DetlefK (9,424 posts)
6. This is exactly the new economic bubble that Krugman et al. are warning about.

Krugman predicted that first the stocks will rise under Trump, because of hope and enthusiasm among investors that a future economic boom is imminent.
Then the investors will realize that Trump has no idea how to make that predicted economic boom actually come true.
Then they will retreat their money.
Then comes a small recession.

Ummmmm, no. That is not at all what Krugsie predicted back in November. Krugman may have made new predictions since - but only after reality hit.

Here's my prediction: in the next 3 months the stock market will go up; in the next 3 months the stock market will go down. Not necessarily on the same day, but that's possible too.

[USA4ME]

Selective outrage.

Same speech. Same policies. Obama instead of Trump. The primitives would be singing its praises.

Really primitives, you've got to update your act.

.

[jukin]

Paul "Enron" Krugman said that after 800+/- loss on the DOW futures that the market would never recover. Now it is 4000 points above the level when Paul "Enron" Krugman made his expert prediction.

[SSG Snuggle Bunny]

ProfessorGAC (29,021 posts)

22. There's No Causation

Yes, there is.

People realize the administration does not see them as an enemy to be pillaged so now it is safe to bring out one's hidden wealth and invest it.

[98ZJUSMC]

Krugman predicted that first the stocks will rise under Trump

Fvcking liar.   

Paul "Enron" Krugman said that after 800=/- loss on the DOW futures that the market would never recover. Now it is 4000 points above the level when Paul "Enron" Krugman made his expert prediction.

Exactly.

[thundley4]

NurseJackie (11,556 posts)
21. I wonder how corporations with ties to the DOD are doing.

They are up. We have a president that wants to build up the military from the historic lows that Obama cut it to.

[jukin]

Obama never went over 50% right/wrong track in eight years. Mostly Obama's score was in the high 20/low 30s on direction of the country.

Trump has it at 67% right track.

Like 99.9% of all DUmmy's prognostication, wrong, fail, epic fail,...

[Happy Fun Ball]

[landofconfusion80]

My newfound 1300 across multiple accounts today says otherwise, primitives

Sent from my SCH-I545 using Tapatalk

[FiddyBeowulf]

DetlefK (9,424 posts)
6. This is exactly the new economic bubble that Krugman et al. are warning about.

Krugman predicted that first the stocks will rise under Trump, because of hope and enthusiasm among investors that a future economic boom is imminent.
Then the investors will realize that Trump has no idea how to make that predicted economic boom actually come true.
Then they will retreat their money.
Then comes a small recession.

Based on this and Krugman's past predictions I wish I had more money to dump into the stock market.   

[SVPete]

Ya know, my first impression, on seeing this thread title, was that it had to be about a post from TMN or Buggee. Is TMN still posting? Did Buggee fly away home?

[franksolich]

Ya know, my first impression, on seeing this thread title, was that it had to be about a post from TMN or Buggee. Is TMN still posting? Did Buggee fly away home?

comment 86; ol' Bob looks pretty perky and chipper.
https://conservativecave.com/home/index.php?topic=96179.75

He probably hasn't said anything lately because his wife, embarrassed by his jibber-jabber on Skins's island, took away the keys to the computer, much like one hides automobile keys from an old person who shouldn't be driving.

[SVPete]

comment 86; ol' Bob looks pretty perky and chipper.
https://conservativecave.com/home/index.php?topic=96179.75

He probably hasn't said anything lately because his wife, embarrassed by his jibber-jabber on Skins's island, took away the keys to the computer, much like one hides automobile keys from an old person who shouldn't be driving.

I saw the pix the other day. He's kinda-sorta smiling in them. I'm just being selfish, hoping we aren't losing some of our prime entertainment, .