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Dow Hits All Time High at 38,000

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Comments

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,458 Founders Club

    HuskyBuck said:

    Kaepsknee said:





    HuskyBuck said:

    Wow look at that, another big market day. Boy investors sure are optimistic for some weird reason.

    Lol just think….if you guys were paying attention to the market for the past 6 months instead of using that time bitching on a message board, you too could have racked up some short term gains. But no, it’s more productive to complain about the incumbent and be angry lol.

    What if I told you that you could do both? And how many times do you need to beat over the head with the stock market is not a true indicator of the whole economy frying pan???
    Never said it was the only metric. It’s only one metric to measure how well the economy is doing. This thread is addressing that one metric. Since you all are taking one metric on your end, I’m also devoting threads to individual metrics.

    If you can do both, great! That’s what I like to see. How come you’re not praising the economy for growing your net worth way more than inflation is costing you? Don’t give me that “Well hibidity hibidty I care about the poor” bullshit answer.
    Because most of us can see the fundamentals don't align with the valuation and have real world concerns about that.

    Why are the fed rates so high?
    I turned to my wife in 2005 and said - the housing market can't sustain these prices and its going to crash. And I don't study analytics or do algorithms. It just seemed obvious

    The guys that shorted Fannie May before the 07 crash drove around new construction homes in Las Vegas and saw all the For Sale signs.

    People thought they were insane when they shorted mortgage securities. They made billions
    With 100,000K posts on a website. Can’t take anything you say seriously.
    And yet here you are like a little puppy dog
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    US GDP grows by 3.3 percent in 4th quarter and inflation under 3% But but but people are out in the street getting stale bread lolol. Give me a break.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,458 Founders Club
    HuskyBuck said:

    US GDP grows by 3.3 percent in 4th quarter and inflation under 3% But but but people are out in the street getting stale bread lolol. Give me a break.

    No need to be so angry

    Calm down
  • Fire_Marshall_Bill
    Fire_Marshall_Bill Member Posts: 26,096 Standard Supporter
    HuskyBuck said:

    US GDP grows by 3.3 percent in 4th quarter and inflation under 3% But but but people are out in the street getting stale bread lolol. Give me a break.

    Seen all the bums in any West Coast city lately?
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    How many of those out of 340 million people?
  • Sledog
    Sledog Member Posts: 38,568 Standard Supporter
    HuskyBuck said:

    How many of those out of 340 million people?

    Shitloads. You should house some with your mansion and vast wealth.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    So you dont know how many? “Shitloads” is your answer.

    Lol, I swear….this board.
  • Sledog
    Sledog Member Posts: 38,568 Standard Supporter
    HuskyBuck said:

    So you dont know how many? “Shitloads” is your answer.

    Lol, I swear….this board.

    Since you are unable to ravel just look around the Chaz. Peek out of you tent.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    HuskyBuck said:

    So you dont know how many? “Shitloads” is your answer.

    Lol, I swear….this board.

    There’s 3,000 in my town of 150,000. And those are just the ones that allowed themselves to be counted. And that doesn’t include couch surfers and 40 year olds that are back with the ‘rents. Average rents are about $1500 per month on an average salary of about 45k per year. And this is in a town where 30% of the people have gubment jobs. The only growth industry in the area. Not a real rosy picture, is it?
  • georgiaduck
    georgiaduck Member, Swaye's Wigwam Posts: 2,740 Swaye's Wigwam

    HuskyBuck said:

    Kaepsknee said:





    HuskyBuck said:

    Wow look at that, another big market day. Boy investors sure are optimistic for some weird reason.

    Lol just think….if you guys were paying attention to the market for the past 6 months instead of using that time bitching on a message board, you too could have racked up some short term gains. But no, it’s more productive to complain about the incumbent and be angry lol.

    What if I told you that you could do both? And how many times do you need to beat over the head with the stock market is not a true indicator of the whole economy frying pan???
    Never said it was the only metric. It’s only one metric to measure how well the economy is doing. This thread is addressing that one metric. Since you all are taking one metric on your end, I’m also devoting threads to individual metrics.

    If you can do both, great! That’s what I like to see. How come you’re not praising the economy for growing your net worth way more than inflation is costing you? Don’t give me that “Well hibidity hibidty I care about the poor” bullshit answer.
    Because most of us can see the fundamentals don't align with the valuation and have real world concerns about that.

    Why are the fed rates so high?
    I turned to my wife in 2005 and said - the housing market can't sustain these prices and its going to crash. And I don't study analytics or do algorithms. It just seemed obvious

    The guys that shorted Fannie May before the 07 crash drove around new construction homes in Las Vegas and saw all the For Sale signs.

    People thought they were insane when they shorted mortgage securities. They made billions
    With 100,000K posts on a website. Can’t take anything you say seriously.
    And yet here you are like a little puppy dog
    His next move will be threatening to move to Canada or the Cheez-Its Bowl.