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Dow closes above 19,000 for first time in its 120-year history

Discussion in 'Current Events' started by Thirty6BelowZero, Nov 23, 2016.

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  1. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Dow closes above 19,000 for first time in its 120-year history

    [​IMG]

    I didn't figure we'd get a post about this from those who love to keep us up to date about Trump and the stocks crashing the day after he was elected... Democrats were ecstatic about the DOW closing above 13,000 back in 2012. There were posts all over PF claiming that investor confidence was high, etc etc... So the Dow closes at its highest, ever, and not a single word.

    What are your thoughts on yet another unprecedented notch to write down for 2016?
     
    Thirty6BelowZero, Nov 23, 2016
    #1
  2. Ronstar

    Ronstar Well-Known Member Past Donor

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    Ronstar, Nov 23, 2016
    #2
  3. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Please note. this is under Obama, it may anticipate Trump and I really hope it does but it's on Obama's watch and he deserves the credit

    OTOH could this reflect a bubble? Rising prices aren't always the best thing
     
    Aleksander Ulyanov, Nov 23, 2016
    #3
  4. Ronstar

    Ronstar Well-Known Member Past Donor

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    this is clearly a bubble and it will burst, bigtime
     
    Ronstar, Nov 23, 2016
    #4
  5. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Willya Stawp, the market has been about to fall into a yawning chasm, Hellfire and devils at the bottom since I was born and before, it can happen, but it hasn't
     
    Aleksander Ulyanov, Nov 23, 2016
    #5
  6. Ronstar

    Ronstar Well-Known Member Past Donor

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    corporate profits due not justify such an increase, soo fast.

    this is all speculative and based on hopes, not facts and numbers.
     
    Ronstar, Nov 23, 2016
    #6
  7. justrying

    justrying Banned

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    Thank you Obama. Great job. America thanks you
     
    justrying, Nov 23, 2016
    #7
  8. AlphaOmega

    AlphaOmega Well-Known Member Past Donor

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    Hahahha, leftist denial is better than turkey with all the fixns.
     
    AlphaOmega, Nov 23, 2016
    #8
  9. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Two stockbrokers see a $20 bill laying on the sidewalk

    One says "that bill cannot be there, it defies logic"
    The other says, "that bill cannot be there, somebody should have picked it up by now"

    Donald Trump comes by and says "Wow, a $20 bill," picks it up and gives it to Melanka :roll:

    The moral is that Melanka sure is pretty.
     
    Aleksander Ulyanov, Nov 23, 2016
    #9
  10. AlphaOmega

    AlphaOmega Well-Known Member Past Donor

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    Says the crowd that predicted a hillary landslide victory.
     
    AlphaOmega, Nov 23, 2016
    #10
  11. jackdog

    jackdog Well-Known Member

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    amazin that if the Dow had dropped on the day after the election the lefties would be screamin see see it's Trumps fault...but when it rose they say thanks obama. Kinda like the climate change...if it rains it's climate change...drought.....climate change...heat wave climate change....blizzard...wait for it ...wait for it ......climate change again ! and they wonder why we believe they are a bunch of lying idiots
     
    jackdog, Nov 23, 2016
    #11
  12. Ronstar

    Ronstar Well-Known Member Past Donor

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    i followed the polls, and the polls (*)(*)(*)(*)ed up.
     
    Ronstar, Nov 23, 2016
    #12
  13. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Do you credit him for the crash the day after the election, too?
     
    Thirty6BelowZero, Nov 23, 2016
    #13
  14. justrying

    justrying Banned

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    Ok, it's on Trump's watch...all these gains.

    Happy now

    :clapping:
     
    justrying, Nov 23, 2016
    #14
  15. vman12

    vman12 Well-Known Member Past Donor

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    Yes. Thanks for getting out of office and restoring confidence in the country and it's future.

    We wish you had done this 4 years previous.

    - - - Updated - - -

    No, the media simply lied to you in order to attempt suppression of Trump voting.
     
    vman12, Nov 23, 2016
    #15
  16. Ronstar

    Ronstar Well-Known Member Past Donor

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    includingh Fox News
     
    Ronstar, Nov 23, 2016
    #16
  17. justrying

    justrying Banned

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    Apparently Mittens...Ryan weren't good enough
     
    justrying, Nov 23, 2016
    #17
  18. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Remember this the day after the election?

    https://www.washingtonpost.com/news/wonk/wp/2016/11/08/markets-plunge-worldwide-as-trump-shows-surprising-strength/

    And this thread?

    http://www.politicalforum.com/political-opinions-beliefs/483556-markets-plunge-worldwide-trump-surges-white-house.html

    The crash is because of Trump but the record high is because of obama... I knew this was the type of drivel we'd get. They can't stand to see things going in the right direction because Trump is responsible.
     
    Thirty6BelowZero, Nov 23, 2016
    #18
  19. APACHERAT

    APACHERAT Well-Known Member Past Donor

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    But the liberals said if Trump were to win, that Wall Street would crash on November 9th, thousands would be jumping out of windows in Lower Manhattan and I would be standing in line outside of a soup kitchen down in skid row in L.A.

    Obama only gets credit for the Federal Reserve that has been propping up Wall Street and Obama's phony economy for the past 7 years and 10 months.

    I'm still holding on to my prediction that the Fed will be raising interest rates in December or January.
     
    APACHERAT, Nov 23, 2016
    #19
  20. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    It did, and they did... Now they're giving obama credit for the record high, LOL. It's always Trump's fault unless it helps the people out. This is why they lose elections and have lost Congress in an unprecedented historic fashion. And will continue to do so until they can stop acting like spoiled teenage drama queens. They're suffering from PTSD (Post Trump Stress Disorder).
     
    Thirty6BelowZero, Nov 23, 2016
    #20
  21. toddwv

    toddwv Well-Known Member Past Donor

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    Well, it's obvious that the Republican rigged the polls just like Trump said.
     
    toddwv, Nov 23, 2016
    #21
  22. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Agreed. Imagine the margin of victory if the polls hadn't been rigged.
     
    Thirty6BelowZero, Nov 23, 2016
    #22
  23. juanvaldez

    juanvaldez Banned

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    See, I told you Trump would make the markets tank.
     
    juanvaldez, Nov 23, 2016
    #23
  24. RP12

    RP12 Well-Known Member

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    Oversampling will do that...
     
    RP12, Nov 23, 2016
    #24
  25. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    These people probably believe Obama's favorable rating is really 60% or whatever too...
     
    Thirty6BelowZero, Nov 23, 2016
    #25
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