Major U.S. stock indexes on track to close out one of their best years on record.

Jarod said:
Ok, but I ignored it this year and made 17%. I can take a loss when it comes, because I’ve banked these good years.
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Only those who make $160k a year have profited since the 2008 economic collapse. The rest of us were forced to downsize.
 
goat said:
The markets are projected to drop 45% before the 2024 elections. That means people with a 401k will lose close to half of their retirement.
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I hope you are smart enough to act on that prediction. An investment of $10,000 will be worth over $90,000 if you are correct when the market drops that 45%. You should be maxing our your credit cards, putting a second mortgage on your home top get as much cash as you can. If you can scrape together $100,000 to buy $290 puts on the DOW for 2024 you will end up a millionaire when the DOW drops to 20,000 as you are predicting.

But somehow I think you are simply talking out of your ass and won't put your money where your mouth is when it comes to what you want others to think is a sure bet.
 
goat said:
The markets are projected to drop 45% before the 2024 elections. That means people with a 401k will lose close to half of their retirement.
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This other guy on the Internet said they are suppose to rise 100%. So, that will double your current investment even if you stop contributing. :whoa:
 
Joe Capitalist said:
Dow and S&P 500 Cap Blockbuster Year—major U.S. indexes remaining on track to close out one of their best years on record.
Futures for the Dow Jones Industrial Average indicated an open less than 30 points or 0.1% lower after slipping 90 points Thursday to close at 36,398—just shy of the all-time high of 36,488 reached at the close Wednesday.
It has been a tremendous year for stocks—and one for the history books. The S&P 500’s performance in 2021 lands in the top fifth of years dating back to 1927, with the Dow placing in the top third of years as far back as 1896.
By the numbers, the Dow and S&P 500 have climbed around 19% and 27% over the past 12 months, respectively, as investors head into New Year’s Eve—typically one of the quietest days of the year for markets. Trading has been subdued over the holiday period, with Tuesday and Wednesday among the lowest trading-volume days of 2021.
The past year has taken investors on a ride that included ‘meme-stock’ frenzies, the best bull run for oil prices in more than a decade, and a stunning surge in the value of cryptocurrencies such as Bitcoin, among other trends.
“Bottom line, 2021 again demonstrated that economic stimulus from central banks and governments, combined with incredibly strong corporate performance amidst multidecade high inflation, led to a very strong year of returns for 2021 and again negated the pandemic from a performance standpoint,” Tom Essaye, founder of Sevens Report research, told Barron’s.

It has been a tremendous year for stocks—and one for the history books. The S&P 500’s performance in 2021 lands in the top fifth of years dating back to 1927, with the Dow placing in the top third of years as far back as 1896.
By the numbers, the Dow and S&P 500 have climbed around 19% and 27% over the past 12 months, respectively, as investors head into New Year’s Eve.

GOD BLESS PRESIDENT BIDEN AND VP KAMALA HARRIS!!!
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Fed has been propping up the market since the trump virus crashed the economy. People starve, and lose their homes, but the market MUST be protected at all costs.


The Federal Reserve provided multiple indications Wednesday that its run of ultra-easy policy since the beginning of the Covid pandemic is coming to a close, making aggressive policy moves in response to rising inflation.


For one, the central bank said it will accelerate the reduction of its monthly bond purchases.


The Fed will be buying $60 billion of bonds each month starting in January, half the level prior to the November taper and $30 billion less than it had been buying in December.

The Fed was tapering by $15 billion a month in November, doubled that in December, then will accelerate the reduction further come 2022.
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