Poor Deniers Obama Has Been Phenomenal For The Investor Class!

[Dantès]

Yes, you idiots who still think in spite of all contrary evidence that government can't do anything get on board look what the Obama administration has done for the investor class in this country! Anyone who thinks that the government had nothing to do with this better think again. And those on the left better start figuring out how to make government work for them like it has workjed for these people because they did phenomenally well this year while the rest of us mostly got fucked.


For Stocks, an Amazingly Good Year
S. & P. 500 Rose Nearly 30%; All Indexes Soared
By Nathaniel Popper

It was the market rally that defied gravity and left many with a case of vertigo.

Despite turbulence in Washington, China and Europe, which threatened at several points to pull the world into another recession, stock prices just kept rising in 2013.
The benchmark Standard & Poor’s 500-stock index led the way, ending the year almost 30 percent higher than it began, or 32.4 percent higher with dividends counted in. That’s the biggest jump since 1997, when the technology bubble was inflating. Even the returns from the heady years of the real estate boom were left in the dust.

As 2013 drew to a close and evidence of a strengthening economic recovery mounted, Wall Street was feeling giddy. But the feeling was tinged with a sense of anxiety that the ascent might have been fed by a bit too much hot air.

“It’s really great, but you just don’t feel entirely comfortable with it,” said Dan Morris, the global chief investment strategist at the asset manager TIAA-CREF.

Most analysts delivered their forecasts for 2014 with a good dose of caution, warning that corporate profit would have to catch up with stock prices before further gains were warranted.

In other popular corners of the financial markets, investors were left nursing their wounds after previously reliable assets turned negative. Goldbugs were routed as the price of gold plummeted 28 percent. The drop came after years in which pessimistic investors stockpiled gold as a hedge against bad times. Gold finished on Tuesday at $1,202.30 an ounce.

More investors felt the sting of a decline in the bond market after decades in which bonds were trumpeted as the safest place for retirement money. The prices of bonds fell as the yield on the benchmark 10-year Treasury nearly doubled during the year, ending on Tuesday at 3.03 percent. A Bank of America index of the total returns on United States government bonds fell 3.2 percent for the year, the first annual decline since 2009. Few are predicting much of a turnaround any time soon, given the likelihood of a continuing rise in interest rates.

All of the big moves of 2013 were much greater than most financial analysts expected at the start of the year. Coming out of 2012, a cloud of anxiety, similar to the current one, hovered over Wall Street. That was caused, in no small part, by the fractious debate over the so-called fiscal cliff, which was resolved only on the last day of 2012. The average prediction of strategists at the big banks was that the S.&P. 500 would rise a modest 7.3 percent in 2013, according to a tally done by Bloomberg.

Those projections were quickly upended when the year began with a rally that ran almost unbroken for months.


The rest of the story: http://dealbook.nytimes.com/2013/12/...gly-good-year/

[Dantès]

It's too bad that the people like Hypocrazy and the other righties here don't seem to want to respond to the great things Obama has done for those whose feet they wash and worship at!

[The Dude]

I say look at the numbers, they don't lie.
It is what it is!

[Dantès]

I say look at the numbers, they don't lie.
It is what it is!

There is no doubt about it. Obama has been great for you and others in your circumstances. You couldn't have done it without him! He has repaid the millionaire creators of the Hamilton Project for their faith in him hundreds of times over!

[Callinectes]

I'm not in the "investor class", but please explain in detail exactly what it is the Obama administration has done to get the markets into the stratosphere. Get real technical, use big words. I can take it, I'll Google what I don't understand.

[Ishmael Pequod]

Oh my god, they're licking each other's ass in public. Must be Nancy Pelosi's district.

[Dantès]

Oh my god, they're licking each other's ass in public. Must be Nancy Pelosi's district.

This is a right leaning board and even with the new regimen here you are still getting over twice as many groans as thanks! Think you might be just a little too over the top? Or do you like the red bricks, you commie? Just remember this Dickens was no moralist! He was a socialist! Or have you forgotten!

[Dantès]

I'm not in the "investor class", but please explain in detail exactly what it is the Obama administration has done to get the markets into the stratosphere. Get real technical, use big words. I can take it, I'll Google what I don't understand.

Since you obviously didn't even read the story I just posted here, you certainly don't have the patience to read anything that I would add to it either! Google that!


Or Google this:



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It's your choice!

[The Dude]

I'm not in the "investor class", but please explain in detail exactly what it is the Obama administration has done to get the markets into the stratosphere. Get real technical, use big words. I can take it, I'll Google what I don't understand.

I was going to and decided your tone was mocking!

[The Dude]

Oh my god, they're licking each other's ass in public. Must be Nancy Pelosi's district.

Well you guys teabagg

[canceled.2021.1]

Yes, you idiots who still think in spite of all contrary evidence that government can't do anything get on board look what the Obama administration has done for the investor class in this country! Anyone who thinks that the government had nothing to do with this better think again. And those on the left better start figuring out how to make government work for them like it has workjed for these people because they did phenomenally well this year while the rest of us mostly got fucked.


For Stocks, an Amazingly Good Year
S. & P. 500 Rose Nearly 30%; All Indexes Soared
By Nathaniel Popper

It was the market rally that defied gravity and left many with a case of vertigo.

Despite turbulence in Washington, China and Europe, which threatened at several points to pull the world into another recession, stock prices just kept rising in 2013.
The benchmark Standard & Poor’s 500-stock index led the way, ending the year almost 30 percent higher than it began, or 32.4 percent higher with dividends counted in. That’s the biggest jump since 1997, when the technology bubble was inflating. Even the returns from the heady years of the real estate boom were left in the dust.

As 2013 drew to a close and evidence of a strengthening economic recovery mounted, Wall Street was feeling giddy. But the feeling was tinged with a sense of anxiety that the ascent might have been fed by a bit too much hot air.

“It’s really great, but you just don’t feel entirely comfortable with it,” said Dan Morris, the global chief investment strategist at the asset manager TIAA-CREF.

Most analysts delivered their forecasts for 2014 with a good dose of caution, warning that corporate profit would have to catch up with stock prices before further gains were warranted.

In other popular corners of the financial markets, investors were left nursing their wounds after previously reliable assets turned negative. Goldbugs were routed as the price of gold plummeted 28 percent. The drop came after years in which pessimistic investors stockpiled gold as a hedge against bad times. Gold finished on Tuesday at $1,202.30 an ounce.

More investors felt the sting of a decline in the bond market after decades in which bonds were trumpeted as the safest place for retirement money. The prices of bonds fell as the yield on the benchmark 10-year Treasury nearly doubled during the year, ending on Tuesday at 3.03 percent. A Bank of America index of the total returns on United States government bonds fell 3.2 percent for the year, the first annual decline since 2009. Few are predicting much of a turnaround any time soon, given the likelihood of a continuing rise in interest rates.

All of the big moves of 2013 were much greater than most financial analysts expected at the start of the year. Coming out of 2012, a cloud of anxiety, similar to the current one, hovered over Wall Street. That was caused, in no small part, by the fractious debate over the so-called fiscal cliff, which was resolved only on the last day of 2012. The average prediction of strategists at the big banks was that the S.&P. 500 would rise a modest 7.3 percent in 2013, according to a tally done by Bloomberg.

Those projections were quickly upended when the year began with a rally that ran almost unbroken for months.


The rest of the story: http://dealbook.nytimes.com/2013/12/...gly-good-year/

Nothing in your article attributes the rise in the stock market directly to Obama. So the article does not back up your thread title. Now maybe you are just inferring that Obama is in office and the stock market did well, therefore Obama is responsible for it. Of course I think you would have to agree that is pretty child like simplistic thinking?

In fact, the investor class needs to thank Uncle Ben BernanQE for his monetary easing and efforts to keep interest rates artificially low which is what is driving most of the stock market rise. It is very complicated financial stuff that you probably don't understand.

What I find highly ironic is that in one post you are bemoaning the ills of the evil, rich NFL getting tax subsidies and then turn around and applaud the RICH getting even RICHER under quantitative easing which is arguably the biggest welfare program for the rich you can find. Money is truly being siphoned off of the middle class and given to the rich under QE1, QE2 and QE3. But, I guess since you think you found something that you can artificially credit Obama for, your aversion to the rich getting subsidies at the expense of others is put in a temporary corner.

Cognitive dissonance anyone?

Have you always been this intellectually and morally bankrupt?

[SJJRSJJS]

There is no doubt about it. Obama has been great for you and others in your circumstances. You couldn't have done it without him! He has repaid the millionaire creators of the Hamilton Project for their faith in him hundreds of times over!

Hey Dantits, what does "you and others in your circumstances" mean? You replied to Dudette, so you know moore about Dudette's "situation" than I would think you should normally know, of course, unless you Lefties email back and forth when you are doing your political scheming. I believe there is a internet Leftist cabal where most of you are "members", no pun intended....lol

[Dantès]

Funny how none of the rightie capitalists want to give Obama credit for the Fed policies that occurred under his watch but if the market had gone south they would all certainly be blaming him for the downturn. Por stupid righties. they think that everybody is a rube but them. Take me for instance, I have been in various forums on the internet including nearly 3 years on the Wall Street Journal website before Murdoch bought it and these rubes actually believe that I don't know about QE! What fools! They haven't a clue why I post the things I do or what I know or don't know. But to have some specialist in rape imagery who chased me around here for nearly a month telling me how he was going to rape me or how I was going to be gang raped or how he wished he could watch me be gang raped is really rich. Fuck you you psycho bastard! Fuck you! I know more about the damn economy than you will ever know, you ignorant son-of-a-bitch! And I understand American capitalism better than you ever will, too! But you do have me on rape imagery; I never in all my life imagined the kind of shot that you spewed constantly for about a month here you ignorant misogynist bastard. You're a real expert in psycho-sexual fantasies. You must have spent as much time thinking up rape scenarios as I spent at the Wall Street Journal! How many women have you raped in your life, psycho? How many?

[Celticguy]

Well when you give the investor class 85b (FedQE) a month to play with I would hope they know how to make it pay.
So now how is it some of you feel the right are the ones beholden to Wall Street ?

[SJJRSJJS]

Nothing in your article attributes the rise in the stock market directly to Obama. So the article does not back up your thread title. Now maybe you are just inferring that Obama is in office and the stock market did well, therefore Obama is responsible for it. Of course I think you would have to agree that is pretty child like simplistic thinking?

In fact, the investor class needs to thank Uncle Ben BernanQE for his monetary easing and efforts to keep interest rates artificially low which is what is driving most of the stock market rise. It is very complicated financial stuff that you probably don't understand.

What I find highly ironic is that in one post you are bemoaning the ills of the evil, rich NFL getting tax subsidies and then turn around and applaud the RICH getting even RICHER under quantitative easing which is arguably the biggest welfare program for the rich you can find. Money is truly being siphoned off of the middle class and given to the rich under QE1, QE2 and QE3. But, I guess since you think you found something that you can artificially credit Obama for, your aversion to the rich getting subsidies at the expense of others is put in a temporary corner.

Cognitive dissonance anyone?

Have you always been this intellectually and morally bankrupt?

If the Demos win both houses in the 2014 elections, watch out because they are money grabbing "Tax and Spend" specialists. They are scheming right now on how to increase taxes from anyone who is "lucky" enough to have made some money, spread the wealth as they see fit. Remember Obama decreeing to the Bourgeoisie/US that "You did not build that business" by yourself, insinuating that US Socialists will make you share the wealth whether you like it or not, because US Socialists know better about what is good for The People, aka The dumbed down Proletariat.