patrick.net

Investor confidence is an incredible force for the economy. Funny how Obummer could never inspire much of that, despite his elitist mien.

He saved the economy from collapsing, he erased the damage Obama did to this once great nation in less than 6 months.

Quigley says

Investor confidence is an incredible force for the economy. Funny how Obummer could never inspire much of that, despite his elitist mien.

Odd, didn't the stock market double under Obama?

Overall, the market rose 166.3% between Obama’s first day in office and the close of trading Thursday, his last day.

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My bad, closer to a triple than a double. Obama was a stock market rock star, it will be hard for Trump to top that. Are you betting on Dow 50k+?

If so, you should take advantage of all the cheap(or even free) money out there, to be borrowed, and leverage your way to great riches. Put your money where your mouth is

errc says

Obama was a stock market rock star,

When your term starts right after the stock market takes a big dump, these things can happen.

Of course the market continues to increase because it's fair & balanced not one investor has an advantage over any other investor.
Everyone jump in! all fundamentals are strong & the market has never had a downturn.
You can't get rich like everyone in the market if you don't participate.

For that one individual that may have had a loss,could you tell us in dollars what you may have lost.
So stupid of me. There are only winners.
Is it about to get quiet?

zzyzzx says

When your term starts right after the stock market takes a big dump, these things can happen.

That's true. The Dow was at 14,093 in 2007 then plummeted to 6,600 in 2009. Nowhere to go but up from there. Last time it was that low was way back in '96. Still, Trump shouldn't be too hasty to take credit (unless he tweets with an iPhone since Apple is what allowed the Dow to reach 22,000) until he actually gets things done (infrastructure, tax reform, etc).

My net worth dropped by a third in 2009. That was like a cold bath on a freezing day. It's gone up a lot since Trumpligula has been grabbing pussy in the White House, maybe I'll buy a Bentley.

HEY YOU says

Of course the market continues to increase because it's fair & balanced not one investor has an advantage over any other investor.

Everyone jump in! all fundamentals are strong & the market has never had a downturn.

You can't get rich like everyone in the market if you don't participate.

For that one individual that may have had a loss,could you tell us in dollars what you may have lost.

So stupid of me. There are only winners.

Is it about to get quiet?

Prices only go up. Everyone knows that. (sarc)

errc says

Quigley says

Investor confidence is an incredible force for the economy. Funny how Obummer could never inspire much of that, despite his elitist mien.

Odd, didn't the stock market double under Obama?

Yes, facts are facts. Obama prevented a severe depression and he deserves credit for that.

falcon24 says

With the Dow rising to reach a new milestone

Trump gets credit for the rally from the day he was elected. The Trump rally is alive and well.

Strategist says

Yes, facts are facts. Obama prevented a severe depression and he deserves credit for that.

For the poor fools whose rent went up $12,000 a year but pay went down $5,000 a year it is pretty depressing. Obama just pushed the day of reckoning down the road.

errc says

Quigley says

Investor confidence is an incredible force for the economy. Funny how Obummer could never inspire much of that, despite his elitist mien.

Odd, didn't the stock market double under Obama?

No, you forget to mention that he sank it to 66XX in his first two months in office - March 2009 😛

I got out of most of my holdings. Have one big dividend payer and took a position in Ensco-an oil driller-which is sitting at a loss. lets see how much this goes up?

errc says

Overall, the market rose 166.3% between Obama’s first day in office and the close of trading Thursday, his last d

Much of that, say the first 100% or so, happened in the first year because the market was in an utterly predictable bounce back after a severe over correction. After that it was eight years of a slog to get out of recession.

I don't really think the POTUS had much to do with either phenomenon, but Obummer kept trying to put the brakes on with tens of thousands of new regulations to make Americans less competitive, while selling out American jobs through guest worker fraud and incentivizing outsourcing, all so the labor market would continue to be soft.

Who cares how great the DOW is when you don't have a decent job?