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12-17-2023, 10:34 AM
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#16
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Let's Go METS
Join Date: Dec 2002
Location: BROOKLYN NY
Posts: 4,227
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Where in a Bear Market
YOGI OR BOO BOO ?
__________________
HORSE SENSE IS WHAT A HORSE
HAS NOT TO BET $2.00 ON A HUMAN
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12-17-2023, 08:02 PM
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#17
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Registered User
Join Date: Jun 2009
Posts: 14,569
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Quote:
Originally Posted by IRISHLADSTABLE
YOGI OR BOO BOO ?
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YOGI.....it ain't over until it's over.
__________________
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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12-17-2023, 10:01 PM
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#18
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,107
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Quote:
Originally Posted by ElKabong
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And who was President two years ago? That would be December 2021, eleven months after Biden took office. We are now slightly below that high point and have been trending up for several months.we are also well above any number during the Trump administration.
ETA: NASDAQ IS UP 42% year to date.
__________________
"When you come at the King, You'd best not miss." Omar Little
Last edited by mostpost; 12-17-2023 at 10:03 PM.
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12-18-2023, 09:04 PM
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#19
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Registered User
Join Date: May 2014
Posts: 310
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Quote:
Originally Posted by mostpost
And who was President two years ago? That would be December 2021, eleven months after Biden took office. We are now slightly below that high point and have been trending up for several months.we are also well above any number during the Trump administration.
ETA: NASDAQ IS UP 42% year to date.
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He Mostie, being a Canadian, I don’t bother getting involved in the rhetoric of US politics, but when Trump took office on Jan 20,2017, the NASDAQ was at 5540. When he left, it had grown to 13,197, to me, that is a 238% increase in 4 years. Today, it closed at 14,905 which equates to a 13% increase over 2 years. Compared to the previous government, it looks pretty shabby from here. Please don’t be patting your self on the back, when it is not warranted.
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12-19-2023, 04:06 PM
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#20
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,107
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Quote:
Originally Posted by Frost king
He Mostie, being a Canadian, I don’t bother getting involved in the rhetoric of US politics, but when Trump took office on Jan 20,2017, the NASDAQ was at 5540. When he left, it had grown to 13,197, to me, that is a 238% increase in 4 years. Today, it closed at 14,905 which equates to a 13% increase over 2 years. Compared to the previous government, it looks pretty shabby from here. Please don’t be patting your self on the back, when it is not warranted.
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36% of that gain came in Trump’s last year in office when the Fed was pumping trillions of dollars into the US economy. Essentially, the Fed was underwriting Wall Street. By the same token any increase during the Biden years came in the face of rapid increases in interest rates and concerted efforts to slow. The economy.
__________________
"When you come at the King, You'd best not miss." Omar Little
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12-19-2023, 07:55 PM
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#21
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Bombardier
Join Date: Sep 2003
Posts: 4,043
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Your math is wrong
Quote:
Originally Posted by Frost king
He Mostie, being a Canadian, I don’t bother getting involved in the rhetoric of US politics, but when Trump took office on Jan 20,2017, the NASDAQ was at 5540. When he left, it had grown to 13,197, to me, that is a 238% increase in 4 years. Today, it closed at 14,905 which equates to a 13% increase over 2 years. Compared to the previous government, it looks pretty shabby from here. Please don’t be patting your self on the back, when it is not warranted.
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While the increase you cited is remains large, it was not THAT large. It was actually a 138 percent increase. To calculate percent gains/losses, the formula is:
% Gain/Loss = (AFTER - BEFORE)/BEFORE, or in this case...
(13,197-5,540)/5,540 = 138 percent.
Still a very nice gain!
__________________
They don't think it be like it is, but it do. ~O.Gamble
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12-21-2023, 12:17 PM
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#22
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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
And who was President two years ago? That would be December 2021, eleven months after Biden took office. We are now slightly below that high point and have been trending up for several months.we are also well above any number during the Trump administration.
ETA: NASDAQ IS UP 42% year to date.
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I would try to explain to you that negative gains over a two year period is a shitty market, but I can see you are stuck on spin mode.
__________________
“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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12-21-2023, 01:00 PM
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#23
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,915
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Quote:
Originally Posted by ElKabong
I would try to explain to you that negative gains over a two year period is a shitty market, but I can see you are stuck on spin mode.
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Actually, the President 24 months ago was one Joe Biden.
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12-21-2023, 02:29 PM
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#24
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Guess what...BULL MARKET doesn't help JOE BIDEN...LOWEST APPROVAL NUMBERS EVER...suck on that big boys:
34% APPROVAL RATING...he's worse than TRUMP now...good job!
https://www.yahoo.com/news/joe-biden...194325527.html
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12-22-2023, 02:11 PM
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#25
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Registered User
Join Date: May 2020
Location: New Jersey
Posts: 1,086
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Quote:
Originally Posted by mostpost
36% of that gain came in Trump’s last year in office when the Fed was pumping trillions of dollars into the US economy. Essentially, the Fed was underwriting Wall Street. By the same token any increase during the Biden years came in the face of rapid increases in interest rates and concerted efforts to slow. The economy.
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The Federal Reserve has been pumping billions/trillions into the economy and the stock market since the 2008-09 Great Recession. I understand your silly partisan bent --everyone does it, you are not alone-- but this has been going on for decades, many, many decades.
Don't kid yourself the Federal Reserve "works" for the banks and Wall Street brokerages and NOT the US government nor us, the every day citizen. They hide behind a protected veil of secrecy, history and so-call independence.
Jerome Powell was a 2nd rate lawyer for a 3rd rate investment banking firm when he was picked by Trump to be the head of the Fed. He tried to stick-it to Trump a few times to 'prove' to Wall Street he was independent, but Trump bitched slapped and he caved. Powell's stunt this past week by hinting the Fed will raise interest rates only 2-3 times next year --if the data says so-- was also done for political purposes only -- to save his own ass.
Trump had already signaled that Powell is gone if elected. Powell caved again from this policy reversal and the markets have had a week+ of straight up gains since then.
The very best thing that could happen to our government, our currency and the US economy is for the Federal Reserve to be audited. It that happens, the Fed's mask will taken off and they will be exposed for the institutionally corrupt s-bags they are. Then Congress could disband it because of this.
And that is why, the audit of Federal Reserve will never happen. Never.
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01-22-2024, 07:17 PM
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#26
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Veteran
Join Date: May 2023
Posts: 213
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01-22-2024, 07:31 PM
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#27
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Registered User
Join Date: Jun 2009
Posts: 14,569
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They don't wanna hear facts....
Anything that's not music to their ears is fake news.
Imbeciles.
__________________
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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01-22-2024, 07:51 PM
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#28
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Veteran
Join Date: May 2023
Posts: 213
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Quote:
Originally Posted by horses4courses
Anything that's not music to their ears is fake news. Imbeciles.
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Just make shit up and gaslight the fuck out of it. It’s all they got.
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01-22-2024, 07:56 PM
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#29
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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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Time to unite behind their mobster conman.
Once more. 
__________________
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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01-22-2024, 08:13 PM
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#30
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Quote:
Originally Posted by Dick Whitman
Just make shit up and gaslight the fuck out of it. It’s all they got.
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How's this for gaslighting?
Last edited by PaceAdvantage; 01-22-2024 at 08:16 PM.
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