The Dow was at 34,715.39 on on 1/20/21

Concart said:
Why would I retract something that is absolutely true? Answer: I wouldn't. The market has ZERO effect on the economy. The market reacts to ECONOMIC news. It does not ever drive economic news. Obviously you have zero investment experience. Today, for example, the market will react to the durable goods report (slightly better than expected) and the consumer confidence report. It does not impact either of those. Of course. The stock market is simply another form of paramutual betting for the rich and hedge fund managers.

Finally, although you claim you will never see this because I didn't answer your question, NO ONE is going to take direction from some pissant poster who knows about 1/10th of what he thinks he knows. Your 'demands' just make you look like a fucking clown.
Click to expand...

I gave you the chance, to change your statement.
You refused to take it.

So be it.


You believe that...'The market does not impact the economy'.

So people?

Concart believes that the $48 TRILLION DOLLAR, US equities market does not impact the US economy...AT ALL!!!

https://siblisresearch.com/data/us-stock-market-value/
 
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McRocket said:
I gave you the chance.
You refused to take it.


Obviously, you are INCREDIBLY, ignorant about macroeconomics.
Despite your empty bragging about looking after your investments.
Which means little...even if you did.

Any idiot can make a decent return on equity investments.
Hell - just throw all your investment money at SPYDER's, 'buy and hold' them and you will outperform most, stock schmucks.
A 12 year old could do that...literally.

So be it.
You believe that...'The market does not impact the economy'.

So people?

Concart believes that the $48 TRILLION DOLLAR, US equities market does not impact the US economy AT ALL!!!

https://siblisresearch.com/data/us-stock-market-value/
Click to expand...

So I guess you read my post after all, and took the time to tell the audience in giant letters. So thanks for the attention. I'm flattered. The stock market responds to the economy, not the other way around. You are a poser who thinks he's brilliant but appears not to understand the topics you post about. The only impact the markets have on the economy is that they can influence consumer confidence. That's it. Nothing more. When you buy GM stock GM is completely and totally unaffected by your transaction. Apparently, you don't even understand that simple elementary principle. It's sad. What's even sadder is your belief that anyone here is trying to curry favor with you. No one gives a fuck about you dude. Figure that out, and you'll have a more enjoyable experience.

The market crash of 1929 was the result of too much margin. Buyers were overleveraged and when the bottom fell out they could not repay the margin calls. 1987 was a combination of factors, including the advent of computer trading and other economic factors. Those factors LED to the market crash. The market crash did not impact the economy. Sorry chump, you are completely and utterly clueless. Now, tell me you are done here, and then write me another lengthy love letter. You are really entertaining.
 
The DOW today was ugly, after being up as much as 400 points it spent the last two thirds of the session in negative territory, ending down 126.
 
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