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Thread: Dow closes above 35,000 for the first time. God Bless President Biden.

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    Default Dow closes above 35,000 for the first time. God Bless President Biden.

    It’s been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant. But by Friday, stocks were back up and each index closed at at record highs.

    The Dow closed 0.7%, or 238 points, higher, finishing above 35,000 for the first time ever. The S&P and the Nasdaq both climbed 1%.

    On Monday, the market was deep in the red and the Dow (INDU) recorded its worst day since last October. The S&P 500 (SPX) and the Nasdaq Composite (COMP) logged their worst performances since May.

    Investors, fearful that rising Covid-19 cases and the more infectious Delta variant would stifle the economic recovery, retreated from stocks and fled to the relative safety of government bonds.

    “Although the variant has punctured the ‘vaccine euphoria’ that was prevalent in the market several months ago, investors seem convinced that economies will continue to open up gradually despite the new variant,” said Marshall Gittler, head of investment research at BDSwiss Group, in a note to clients.

    A preliminary reading of IHS Markit’s July purchasing managers’ index showed manufacturing at a record high for the data series, beating economists’ expectations.


    The biggest waste of time is arguing with the fool and fanatic who doesn't care about truth or reality, but only the victory of his beliefs and illusions. Never waste time on discussions that make no sense. There are people who, for all the evidence presented to them, do not have the ability to understand. Others who are blinded by ego, hatred and resentment, and the only thing that they want is to be right even if they aren’t.

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    Now I understand what Sailor meant when he called Democrats freeloaders! Free money! Woot woot!

    Meanwhile on the conservative plantation .... they are just breaking into neighbor's trailers to score some oxy.

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    It's like Biden is a Living God.

    Praise Be To Biden!

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    Irrational Exuberance on steroids.
    Where the fuck are the men?

    America is committing suicide....how did men fail this badly?

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    Biden is killing it, by Trump standards.
    4,487

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    Quote Originally Posted by Jarod View Post
    Biden is killing it, by Trump standards.
    The popping of this bubble will be devastating.

    Buckle Up.
    Where the fuck are the men?

    America is committing suicide....how did men fail this badly?

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    Default

    He's on his way out.
    Abortion rights dogma can obscure human reason & harden the human heart so much that the same person who feels
    empathy for animal suffering can lack compassion for unborn children who experience lethal violence and excruciating
    pain in abortion.

    Unborn animals are protected in their nesting places, humans are not. To abort something is to end something
    which has begun. To abort life is to end it.



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    Quote Originally Posted by Hawkeye10 View Post
    The popping of this bubble will be devastating.

    Buckle Up.
    Wake me when it happens
    4,487

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    Quote Originally Posted by Jarod View Post
    Wake me when it happens
    Fantasy never survives encounters with reality in the end.
    Where the fuck are the men?

    America is committing suicide....how did men fail this badly?

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    Quote Originally Posted by Stretch View Post
    He's on his way out.
    When?

    In August, when Trump gets re-instated?


    The biggest waste of time is arguing with the fool and fanatic who doesn't care about truth or reality, but only the victory of his beliefs and illusions. Never waste time on discussions that make no sense. There are people who, for all the evidence presented to them, do not have the ability to understand. Others who are blinded by ego, hatred and resentment, and the only thing that they want is to be right even if they aren’t.

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    Quote Originally Posted by Jarod View Post
    Wake me when it happens

    There you go. The far right hoping for an economic collapse that would hurt ALL Americans just so they can have a small political win.
    The biggest waste of time is arguing with the fool and fanatic who doesn't care about truth or reality, but only the victory of his beliefs and illusions. Never waste time on discussions that make no sense. There are people who, for all the evidence presented to them, do not have the ability to understand. Others who are blinded by ego, hatred and resentment, and the only thing that they want is to be right even if they aren’t.

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    Quote Originally Posted by Hawkeye10 View Post
    Fantasy never survives encounters with reality in the end.
    Like at the end of George W. Bush’s eight years?
    4,487

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    I have been all cash since OCT 16 and I dont regret it...I am putting a lot of money into this Oasis I have built for myself, the homestead, this place that I long ago decided to die in. I will not stay that way but I am not going back into the equity markets till after the crash, if at all.

    I am still thinking about gold, but next up is central AC.
    Where the fuck are the men?

    America is committing suicide....how did men fail this badly?

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    Quote Originally Posted by Joe Capitalist View Post
    There you go. The far right hoping for an economic collapse that would hurt ALL Americans just so they can have a small political win.
    They kept hoping for that during the eight years of Obama’s administration. We didn’t have a recession until Trump was president.
    4,487

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    As is the case for over a decade stocks are growing far quicker than incomes in comparison to costs.

    Much of the stock increases are from USA foreign business dealt in oppressive semi Commie states like China & Vietnam.

    Meanwhile inflation & class Inequalities only increase day by day.

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