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06-14-2022, 10:57 AM
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#1
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,632
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In case you didn't know, we're in a BEAR MARKET
I know the media doesn't want people to know this, so they'll report it as quietly as possible (if they even report it).
Just imagine for a moment, if Trump were still POTUS and the S&P slipped into bear market territory.
It would be ALL THEY TALK about on MSNBC, CNN. How Trump has wrecked the US economy.
But you won't hear a peep about that, I'm betting.
Let's go Brandon!
(the last non-COVID bear market was 2007-2009...you remember that one...where all the lefties on here blamed GWB)
Last edited by PaceAdvantage; 06-14-2022 at 11:00 AM.
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06-14-2022, 11:05 AM
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#2
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Registered User
Join Date: Dec 2005
Location: Western NY
Posts: 5,336
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The bestest in 40 years!
"Look, here's where we are. We have the fastest-growing economy in the world. The world. The world," Biden said.
And most sane people laughed.
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06-14-2022, 11:06 AM
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#3
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Registered User
Join Date: May 2011
Posts: 22,650
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06-14-2022, 11:08 AM
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#4
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Registered User
Join Date: Jan 2009
Posts: 216
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Bear market
Very sharp teeth in this bear ouch!!
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06-14-2022, 11:10 AM
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#5
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
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i would have never guessed it
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06-14-2022, 12:40 PM
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#6
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Registered User
Join Date: Jun 2008
Posts: 10,171
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Quote:
Originally Posted by PaceAdvantage
I know the media doesn't want people to know this, so they'll report it as quietly as possible (if they even report it).
Just imagine for a moment, if Trump were still POTUS and the S&P slipped into bear market territory.
It would be ALL THEY TALK about on MSNBC, CNN. How Trump has wrecked the US economy.
But you won't hear a peep about that, I'm betting.
Let's go Brandon!
(the last non-COVID bear market was 2007-2009...you remember that one...where all the lefties on here blamed GWB)
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The reason NBC, MSNBC, ABC, CBS, and CNN aren't talking about the stock market is that they are focusing on the SCOTUS assassination attempt on Kavanaugh.
Oh wait ....
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06-14-2022, 01:01 PM
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#7
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,494
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Remember when the market was rising at record numbers and Biden took credit saying "It's happening on my watch". Not a peep out of him now.
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06-14-2022, 02:06 PM
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#8
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Registered User
Join Date: Aug 2017
Location: Near Lexington, KY
Posts: 3,246
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Quote:
Originally Posted by PaceAdvantage
I know the media doesn't want people to know this, so they'll report it as quietly as possible (if they even report it).
Just imagine for a moment, if Trump were still POTUS and the S&P slipped into bear market territory.
It would be ALL THEY TALK about on MSNBC, CNN. How Trump has wrecked the US economy.
But you won't hear a peep about that, I'm betting.
Let's go Brandon!
(the last non-COVID bear market was 2007-2009...you remember that one...where all the lefties on here blamed GWB)
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This can NOT be happening. I was told the second quarter would be the turnaround...and that everything would be OK.
Oops.
__________________
Just when you least expect it...just what you least expect-The Pet Shop Boys.
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06-14-2022, 02:07 PM
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#9
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
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http://www.321gold.com/editorials/mo...rty061422.html
this guy got this market as bad, i got it much worse than bad!
the one thing i give him credit for is that he isn't just blaming Biden, not that he doesn't deserve any of the blame, but he is going back 70 years of nonsense.
what is happening to the US now is the Federal Reserve is going to bail out the dollar at all cost.
if there is anything good at all about Trump, it was his idea was to get overleveraged and borrow to the hilt whether there was any ability to pay back or not. he did this in business by agreeing to pay a predetermined high price to contractors, suppliers, banks and anyone else that would give him any type of credit. when it came time for him to pay up, he held up paying until he negotiated his prices down. if anyone didn't agree to get paid less, he told them to take him to court. Trump had great lawyers that could keep these people tied up for years in court without seeing a dime. most had no choice but to settle for less. he had the same plan while being president, he just never had the chance to fully execute his plan needing a second term.
fast forwarding to the present time, Powell is making the mistake of trying to pay back. last year the United States actually paid off $1.5 trillion of their debt. this would have never happened during Trump. Trump would have either dumped Powell or strung him up. if there is anything that Trump don't want to do, its to honor his debt to anyone that was stupid enough to lend it to him.
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06-15-2022, 12:23 AM
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#10
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,632
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12-16-2023, 08:13 PM
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#11
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Veteran
Join Date: May 2023
Posts: 213
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12-16-2023, 08:51 PM
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#12
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Registered User
Join Date: Jun 2009
Posts: 14,569
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Quote:
Originally Posted by Dick Whitman
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Cons have a hard time grasping reality.
Bottom line is this - the Old Man gets the job done.
He's forgotten more about how Washington works than cons will ever know.
__________________
Want to know what's wrong with this country?
Here it is, in a nutshell: Millions of people are
pinning their hopes on a man who has every
chance of returning to the WH, assuming that
he can manage to stay out of prison. Think about it.
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12-16-2023, 09:26 PM
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#13
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,104
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Quote:
Originally Posted by PaceAdvantage
I know the media doesn't want people to know this, so they'll report it as quietly as possible (if they even report it).
Just imagine for a moment, if Trump were still POTUS and the S&P slipped into bear market territory.
It would be ALL THEY TALK about on MSNBC, CNN. How Trump has wrecked the US economy.
But you won't hear a peep about that, I'm betting.
Let's go Brandon!
(the last non-COVID bear market was 2007-2009...you remember that one...where all the lefties on here blamed GWB)
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A year ago, the S&P was 3852. Today, it’s 4719.
Apparently I don’t know what a Bear Market is.
ETA: I just realized the original post was from 2022. Well, aren’t you the idiot?
__________________
"When you come at the King, You'd best not miss." Omar Little
Last edited by mostpost; 12-16-2023 at 09:29 PM.
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12-16-2023, 09:55 PM
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#14
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Registered User
Join Date: Jun 2009
Posts: 14,569
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Quote:
Originally Posted by mostpost
A year ago, the S&P was 3852. Today, it’s 4719.
Apparently I don’t know what a Bear Market is.
ETA: I just realized the original post was from 2022. Well, aren’t you the idiot?
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mostpost,
conservatives are praying (even preying) that our economy tanks
between now and next fall. It's their best chance at a dictatorship.
Imagine that.......
Spins and lies are what's ahead.
Business as usual.
__________________
Want to know what's wrong with this country?
Here it is, in a nutshell: Millions of people are
pinning their hopes on a man who has every
chance of returning to the WH, assuming that
he can manage to stay out of prison. Think about it.
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12-16-2023, 10:55 PM
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#15
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,646
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Quote:
Originally Posted by mostpost
A year ago, the S&P was 3852. Today, it’s 4719.
Apparently I don’t know what a Bear Market is.
ETA: I just realized the original post was from 2022. Well, aren’t you the idiot?
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https://www.wsj.com/market-data/quot...torical-prices
The nasdaq is down from where it was 2 years ago. Pop a cork, Leon
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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