Dow Jones down almost 200 points in 3 days

Hmm when did the dot-com bust....oh yeah 2001.

 

No, but it's your fault for perpetuating the right wing lie that everything was fine until Obama showed up.

 

wait for it.. past stats show a drop after jan 20th inauguration

 

Facts don't matter to the right. They proved that with their reality TV clown. I'll keep trying though.

 

For the last 4-5 months they have been predicting a major crash. One like we haven't seen since the great depression.

 

Funny Obama has lied his ass off and never a word out of the Left. They let him do anything he wants and the left just follow along like robots.

 

I check my 401K two or three times a year and I'm almost always pleased. Even during the Obama years. I don't understand it but I'll take it. I'd like to see a better return on my bankable assets though maybe Trump can do something about that.

 

Everything? No.

Was it a lot better? Yeah.

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What facts? So far the only facts we've seen is that a) the stock market tanked under Obama and his policies and b) The day Trump won the election, it started skyrocketing

 

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3 days ago ... Several noted economists and distinguished investors are warning of a stock market crash. Jim Rogers, who founded the Quantum Fund with ...


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Jul 29, 2016 ... Bear markets are inevitable. While we can't always predict the timing of a down market, we can be prepared. Here are 5 steps to take now to ...


'A crash is coming, and it may be terrific' - Business Insider
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Jun 15, 2015 ... "Sooner or later a crash is coming," Babson said. ... be learned from history, beyond the fact that major market moves are extraordinarily difficult ...


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Nov 8, 2016 ... 9 U.S. Stock Market Crash Is the U.S. stock ... Stock Market Crash Getting Warmed Up. The stock ..... The Coming Fracture Of Saudi Arabia.

 

Don't know if this is going to happen, but with so many economist predicting it, I have cashed in my investments. Put mo in a money market fund and the rest in gold and silver. I'll let them sit there for awhile

 

That's just wrong. It has been a bull market for quite a while and long overdue for a correction.

 

The Obama years have been outstanding for investors. Just an impressive 8-year bull market.

Now that the recession republicans are in control, tho, you may not want to check that thing till like 2022...

 

Yeah, the whole time Obama has been the President it's not. I'm sure you attribute that to coincidence though.

 

When do you decide to get back in, though?

That's the danger with market timing. You have to be correct twice, once you get out and the second time when you get back in. Lot's of people have luck timing one event (and then wrongly attribute it so skill), but they miss the second.

I agree, though, that the current bull market eventually will come to a halt. Will that be tomorrow, in 6 months, or two years, I don't know. Never underestimate the ability of the market to stay irrational.

One thing is clear, though: The long term market returns have nothing to do with the president, despite the eagerness of the Trump fans to attribute every runup to Trump and every downturn to Obama.

 

This is exactly what I'm talking about. Numbers don't care how you feel. You can't even deal with the truth anymore in this post fact Trumpworld.

You realize you can look at the markets going years back and see that after the Bush recession bottomed out in March of 2009 had started the summer before in 2008. The market has seen steady gains throughout the course of Obama's term. It's not that hard to look up.

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The (*)(*)(*)(*)(*) grabber in chief is glad to have supple minds like yours to shape. You fell for a reality TV clown.

 

I've looked at what you call lies...and there's little if anything there

 

They thought it would crash around last Sept. Now they are sayin some time early in 2017. Makes no difference, I have already gotten out at pretty much the high point. If it keeps going, I'll put some of it back in, but I'm not going to invest it all like I have. I'll probably keep the metal. Silver is pretty much at their low point.

 

Good luck with your market timing strategy. How do you know that silver is at its low point? Just curious.

BTW: Who is "they", predicting the next market crash?

 

OP needs to understand trends, not just day to day changes. Yes the stock market goes up and down, how astute.

 

Like I said, the market tanked as soon as Obama got elected, the numbers don't lie.

Seems the stock market accurately predicted the only President to never break 3% growth.

 

When is a trend a trend? After 1 day, 1 week, one month, one year? The one's observing trends in the stock are usually the ones buying high and selling low.

I do see a trend, though: The trend of some Trump fans to irrationally attribute everything good in the economy to Trump and everything bad to the Dems, believing in the snake oil sales pitch that Trump, and not hard work, is going to make their lives better, resulting in magical economic prosperity for everyone.

Following up on your argument that the stock market predicted the "bad" Obama economy, then why did it go up under Obama, more than doubling, resulting in new all time heights and P/E ratios of much above the historical average?

Of course, you know that your argument is absurd. Yet, you hold on to it to rationalize your dislike for Obama.

 

As soon as Trump got elected the stock market skyrocketd. I KNOW that leftists were not asleep when this happened, and attributing the heretofore sleepy stockmarket's awakening to Obama AFTER Trump won the presidency is ludicrous. On the other hand since then Obama has done everything possible to use pen and phone to torpedo Trump's presidential transition. Who's to say that nothing Obama has done since Trump's election has failed to account for the stock market falling? Obama is TRYING to make this happen. Perhaps after eight years something he has TRIED TO DO has actually worked. Obama is to blame for the stock market suddenly falling.

 

Yeah, they freaked out over futures election night, then ignore the rally. Go figure.

 

The Fed.

That's the only reason.

The "all time highs" came on Nov 8th. If you want to attribute that to Obama, go right ahead. We all know it was in spite of Obama though.

 

Either you're being disingenuous or really are that ignorant. I know you're not a moron, so you can stop playing games. The market was tanking well before he was elected. I'll post this 10 year graph that I'm sure you've already seen.

http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

Check out Oct. 2007 (closing around 14k), to Jan 20 2009 when Obama became president (around 8k). Losing almost half it's value during Bush's last year in office. The numbers don't lie, so if you're comfortable saying the market hit bottom while Obama was president, that's correct. However, you're purposefully ignoring the context that it had been on the way down for more than a year under Bush the dumber. Thanks for providing the perfect example of nonsense that spews from the right in an attempt to blame Obama.

You can even check out 4 of the top 5 worst drops in the dow came in 2008, under president Bush.
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average


You're entitled to your own opinion but, not your own facts.