Dow is currently in a freefall

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_Kevin Graham
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Re: Dow is currently in a freefall

Post by _Kevin Graham »

_subgenius
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Re: Dow is currently in a freefall

Post by _subgenius »


2nd line of cited article reads "Well, mostly gone:...so not gone.
Only thing dumber than clickbait are idiots like you that post clickbait.
geez
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_Chap
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Re: Dow is currently in a freefall

Post by _Chap »

Image
Zadok:
I did not have a faith crisis. I discovered that the Church was having a truth crisis.
Maksutov:
That's the problem with this supernatural stuff, it doesn't really solve anything. It's a placeholder for ignorance.
_Brackite
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Re: Dow is currently in a freefall

Post by _Brackite »

The DOW is now at 24,819.78. Link
"And I've said it before, you want to know what Joseph Smith looked like in Nauvoo, just look at Trump." - Fence Sitter
_Res Ipsa
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Re: Dow is currently in a freefall

Post by _Res Ipsa »

Image
​“The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated communist, but people for whom the distinction between fact and fiction, true and false, no longer exists.”

― Hannah Arendt, The Origins of Totalitarianism, 1951
_subgenius
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Re: Dow is currently in a freefall

Post by _subgenius »

Res Ipsa wrote:Image

So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!
Seek freedom and become captive of your desires...seek discipline and find your liberty
I can tell if a person is judgmental just by looking at them
what is chaos to the fly is normal to the spider - morticia addams
If you're not upsetting idiots, you might be an idiot. - Ted Nugent
_canpakes
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Re: Dow is currently in a freefall

Post by _canpakes »

subgenius wrote:So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!

Not sure what an ‘ecomony’ is, but I’m thinking that the market isn’t reacting to any Obama policies or tariffs this past couple of months.
_Res Ipsa
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Re: Dow is currently in a freefall

Post by _Res Ipsa »

canpakes wrote:
subgenius wrote:So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!

Not sure what an ‘ecomony’ is, but I’m thinking that the market isn’t reacting to any Obama policies or tariffs this past couple of months.


No point is so obvious that Sub can fail to miss it. Obviously, it’s fair to take into account that Obama inherited an economy on the verge of meltdown and Trump inherited one chugging along in a recovery, although a particularly strong one. But, even if you make the worst possible comparison from Obama’s standpoint — crediting him with the significant drop right after he took office — the market under Obama performed much better than the market under Trump to date.

Not that I think stock price is a great measure of economic health, but if we’re going to talk about stock market performance, let’s at least compare apples to apples.
​“The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated communist, but people for whom the distinction between fact and fiction, true and false, no longer exists.”

― Hannah Arendt, The Origins of Totalitarianism, 1951
_EAllusion
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Re: Dow is currently in a freefall

Post by _EAllusion »

In fairness, the reason market indices were so up during the course of the Obama presidency is that he became president in the middle of a devastating market freefall. When that happens, of course it's going to rebound sometime in the next 8 years and a rebound is going to represent a lot of growth.

This also has something to say about the asinine nature of crediting Donald Trump for an economy he lucked into, but there you go.
_subgenius
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Re: Dow is currently in a freefall

Post by _subgenius »

Res Ipsa wrote:...

Not that I think stock price is a great measure of economic health, but if we’re going to talk about stock market performance, let’s at least compare apples to apples.

Im still unclear on how you guys determine who's economy is who's and when it's theirs...is it just a measure of political convenience? or is it just plain ol' KG's posts level of economic ignorance?
Seek freedom and become captive of your desires...seek discipline and find your liberty
I can tell if a person is judgmental just by looking at them
what is chaos to the fly is normal to the spider - morticia addams
If you're not upsetting idiots, you might be an idiot. - Ted Nugent
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