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

Althea said:
Tell us exactly what Biden did to create inflation.

Contrast that with trump's supply chain nightmare that brought higher prices when he imposed tariffs on all of our former trade partners.

And tell us why trump cut oil production in an election year.
Click to expand...
COVID reduced people travel and driving to work ect. Consumption was down and production fell to meet the new lack of demand.
 
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!!!
Click to expand...

So where is the uptick on President Biden's approval rating in this tremendous regard or does the ass backward right-wing controlled media prefers to remain with its anti-Biden amnesia or anti reality brain paralysis?
 
ExpressLane said:
COVID reduced people travel and driving to work ect. Consumption was down and production fell to meet the new lack of demand.
Click to expand...
You explained why prices didn't rise until trump's reign of terror was over.

The question was, 'why did trump cut oil production?' in order to aid Putin and the murderer Bin Salman?
 
gemini104104 said:
So where is the uptick on President Biden's approval rating in this tremendous regard or does the ass backward right-wing controlled media prefers to remain with its anti-Biden amnesia or anti reality brain paralysis?
Click to expand...
Given his undoing of many of the trump era atrocities within days of taking office, the botched Afghanistan withdrawal still permeates his approval ratings.

Sure...trump surrendered to the Taliban, and the clock was ticking. But the whole affair seemed rushed and poorly planned.
 
goat said:
It says nothing about all the bankruptcies, foreclosures, food banks and homeless.
Click to expand...

Bankruptcies, foreclosures, food banks and homeless happen all the time. They happened during Trump presidency. They happened during Reagan, Bush, Nixon. So what's your point?

If you want to focus on the negative, that's your perogative, Billy.
 
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.
Click to expand...

It's painfully obvious you don't know shit about the market. A 45% drop in the market is extremely rare and a 45% increase in the markets is just as likely to occur. And most people's 401k isn't invested entirely in equities, bozo so your 2nd statement is also full of shit.

Nice try attempting to spread your right wing bullshit but this one fails miserably. It's laughable and so are you.
 
goat said:
You're the targeted mark for the upcoming collapse.
Click to expand...

If you're so confident with the 'upcoming collapse', I'm assuming you've shorted the market to take advantage of the fall.
Well, have you?

I suspect you have no idea what 'shorting the market' even means. Am I right, Gomer?

BWAAHAHAHAHAHAHAAAA!!!
 
ExpressLane said:
Increasing the price of energy had inflationary effect on every thing that is grown manufactured or shipped...everything basically. Been to a grocery store lately idiot?. Canceling pipelines stopping fracking stopping new leases on federal lands all negatively effected energy production reducing production increases energy prices. Also printing too much money dilutes everyone's dollar. Raising the minimum wage also inflates many things by increasing business costs. Other than those thing Joe is doing great. :rolleyes:
Click to expand...
So why did trump cut oil production?

And why are our pipelines operating at half capacity, if Biden 'shut them down'?


[h=1]About half of U.S. oil pipeline space is empty after boom time building spree[/h]
 
Joe Capitalist said:
It's painfully obvious you don't know shit about the market. A 45% drop in the market is extremely rare and a 45% increase in the markets is just as likely to occur. And most people's 401k isn't invested entirely in equities, bozo so your 2nd statement is also full of shit.

Nice try attempting to spread your right wing bullshit but this one fails miserably. It's laughable and so are you.
Click to expand...
Didn't trump claim that the market would collapse if Biden were elected?
 
goat said:
Only those who make $160k a year have profited since the 2008 economic collapse. The rest of us were forced to downsize.
Click to expand...

I never made close to $160k a year and I profited very nicely since the economic collapse. So did many of my peers. My 401k nearly tripled because I moved most of my investments into growth stock funds which typically do best in a recovery. I was able to retire 5 years early because of my gains.
So where are you getting this $160k bullshit? Anybody invested in the market in 2008 profited from the recovery regardless of their income.
Your statement is inane and laughable and proves you don't know shit about investing.
 
goat said:
More like flatulate. The fed can no longer afford to keep the zombie bubble going.
Click to expand...

If you believe that, then short the fucking market, make a bundle of money and STFU!!!

But you won't because it's painfully obvious you don't know shit about the economy. Your statements are inane and have no basis in fact.
 
You must log in or register to reply here.
Back
Top