Stock Market looking at a dark day

Yes, time in the market is better than timing the market.

My guess is that your mom was in the market no matter whether a Dem or Repub was in office. Thus, she got much better returns than staying in or out of the market based on political leanings.

 

And the states formed their union in order to make sure the DJIA goes up?

 

Or he could be one of those Russian Trolls who argues both sides against each other just to cause mistrust and arguments.

 

You guys keep happily proclaiming a Trump induced disaster and we keep on winning!

GREAT AGAIN: Paul Krugman on Election Night: “If the question is when markets will recover, a first-pass answer is never.”

CNBC today: Dow and Nasdaq close at record highs.

 

Today was another VERY good day. Sit and watch the ticker and watch all the money flow in.

 

GDP estimate for 2nd quarter
Latest forecast: 1.3 percent — July 3, 2019

 

In the same time frame from start of Presidency:
Obama +73%
Trump +33%

 

Hmmm, on your graph something happened in late 2016 that made the stock market take off. Wonder what it was?

 

Obama took office at the bottom of a recessionary market, not the case with Trump. All the libs said the market would tank, LOL.

 

Obama's economic policies finally started working.

Ha!

Seriously though, Hilary lost and Trump happened.

I feel bad for the Trump haters. They love poverty, and Trump won't give it to them.

 

1.5% rise in the last 17 months is not a success

Oh, and you clearly do not understand economics, no one knew that the market was at the bottom at the time Obama took office.

 

Dang, the market has been so good that I am above where I hoped to be at retirement. Now, even if it goes down, I will still be good by the time I retire.

 

Weird that people cheer for ours stock market to drop...

This post hasnt aged well.

 

The rise in the last 17 months has been written off by inflation.

 

The Dow is at an all-time high, and still the Trump haters prefer to live in their bleak and miserable worlds of doom and gloom.

It's a bit sad, and also hilarious.

Mostly hilarious.

 

I expect it to adjust, is does that from time to time.

 

As I wrote ".. and you clearly do not understand economics" and confirmed once again. Investments are based on percentage returns, not index level

 

What percentage of return have you made on your investments since Trump took office?

 

You do realize that the OP was written when Trump said that more tariffs will be placed on imports from China to save jobs and protect IPs but once again Trump backtracked - he has a habit of lying to his sheep - he clearly does not want to "save US jobs and protect IPs". Who remembers when Huawei was a national security threat but suddenly they are not.....

 

You are defending the OP being totally wrong? LOL

 

How hard are you praying for economic hardship and misery right now?

 

Understandable. Those who listened to losers lost if they moved out of equites and now want back in. Some just keep wishing for the economy to fail for political reasons. Either way, that camp is screwed. We will probably see jobs numbers that are not quite as high as predicted today but that won't in itself trigger a market pullback. What it could do is provide insight for the next Fed move which will be a .25 percent easing of interest rates. I remain cautiously optimistic until we see Q2 earnings which are not expected to be great. With valuations as high as they are I'm not buying but may take some profits.

 

The OP reported what Trump said and the index fell, May 6th - 26438, June 3rd - 24819

So where was the OP wrong? Perhaps he should have known that no one can believe anything Trump says?

Trump back tracked once again, and index rose -

 

How much money did you make betting against Trump?

 

Arh, you seem hurt that your hero is not the hero you think he is......