Shut your pie hole. You make more you pay more. You should be happy to write that check.
I still have to ask, because I haven't received an answer.
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What's funny? From Jan 5 2018 to June 5 2019 the Dow increased by less than 1%.
I was waiting for him, the useless poster, or spermswimmer to elaborate, but they won't, because my comment was accurate. None of them have nearly the amount of money I have invested in it, so they don't know the DOW trends like I do.
It's par for the course on here. Morons support somebody else's post, but then when I call them out on specifics and/or disprove the claim, those who supported the post disappear and don't know how to respond. I called a few of them out a week or two ago on the same thing, and they all hid.
Which is why I've got to the point that I just call them Godless lying trumpchum sucking retards.
Calm down cripple. Those tax cuts aren’t what led to the 2018 situation. They played a part but there were bigger factors already at play.
So now you’re saying that other impacts from trump’s presidency led to the DOW running flat. Brilliant!
Just adding to his policy failures.
This shouldn't be a hard concept to understand, but I fully expect you to NOT get it, but we'll try anyway. You depend on the govt for your retirement. Stick with woodworking.
It's hilarious because anyone that "invests" in the markets knows that markets are "forecasting" what the future values of companies (govt policy) are going to be. From Jan '16 to Jan '18 the Dow rallied ~9900 pts. (~59% gain). In 2017 it was ~ 34% rally alone. The market anticipated the value on business and impact of tax cuts prior to the tax cuts being passed and moved accordingly. Anyone who knows markets knows this. Its not hard for people who actually do this.
From Oct '18 to Jan '20 the Dow moved about another 9%, prior to the govt lockdowns/ covid.
The snapshot in time you two idiots are looking at is a normal consolidation pattern after a multi-year unabated run up, followed by yet another above avg rally prior to Covid.
Why aren't you two crying about Jan '22 -Oct '23??? The Dow was down ~11%.....
Says the guy who has no funds in the market and depends on my tax checks to cover his retirement.
Says the guy^^^who has never thanked me for paying for his parents/grandparents retirement.
And when did I retire? You stupid trumpchum sucking Godless liar. I have appx 12 weeks of work scheduled at this very moment and have never stopped working.
How much do you "invest" in the "Dow"? 🤣
Who knows. You've lied so much about working/not working the last few years. You lay off people, close your biz, turn your biz into a hobby; now you admit you're in biz again with no employees. You've constantly changed your story and excuses.
How much do you have invested in the markets??
because they are libiots and all they do is spew empty meaningless words as they menstruate.............
You're really trying to use data from a full year before trump took office when he was a huge longshot to ever be in office? You think the DOW was impacted by things trump wasn't even mentioning when he was a huge underdog to get in office? Not a chance.
Yet after it was implemented, they didn't expect that to impact business? It flatlined for 18 months, because it didn't have the intended push that was expected, hence the entire point of my comment.
Clearly, because it was expected after the "multi-year unabated runup" under Biden.
You're demonstrating why your claim several years ago..."I dont know much about this stuff", was on point.
Stock markets anticipate future value (that's what INVESTING is all about--future value) and what future govt policy initiatives will do to impact that future values of businesses. Trump announced he was running for president in summer of 2015, on campaign promises of tax reform/cuts. As 2016 progressed only left wingers thought Trump had no chance while the market was actively pricing in the possibility of a Trump presidency and tax reform/rate cuts under a new administration.
Of course, tax cuts impacted businesses. As I mentioned, 2017 alone had a +30% move up. That move had to be "digested". Wall St also has a saying, "buy the rumor, sell the news". Someone who actually "follows Dow trends" can actually see it on stock charts. It was a perfect consolidation pattern following years of run up. The markets needed to cool, and they did. Resuming the move higher in 2018, and only stalling because the govt shut the economy down.
The 11% pull back under Biden is pretty simple to explain for anyone actually "following Dow trends"... The fed began increasing interest rates in March 2022 and continued into 2023. Most investors believed the economy would slow in the coming 2 years as higher rates impact overall economic growth and dividend yields in much of the Dow 30 (and so they sold into that belief). That trend changed in 2023 as "interest rate cuts" and inflation reduction have become the next narrative markets have been anticipating and hoping for. This, along with lower corporate taxes continued from Trump, have helped to keep the markets moving. I've commented on here many times, kudos to the Mush administration for keeping rates where Trump put them. Thats kept much of the business world in the game as higher rates have worked to slow overall growth in the economy.
Keep following those "Dow trends" man. You may one day understand all this.
It's tough trying to explain these things to those that are not financially sophisticated. We saw that when he was boasting his vehicle loan in the current rate environment. Perhaps you should dumb it down for him, maybe if you walk through Pelosi's insider trading and wealth building he will get it.
Moron, even a conservative/wvu fan said that what I was doing was the wise thing. It's not even close to debatable, yet here you are, trying to make yourself look dumber than usual.
Let's think about it: pay a 2% APR or earn 5.25% - 9% on that money? It's no different than what I did with two of my three most recent property purchases. If you can make substantially more investing - or even putting in a high-yield savings account - you should always do that.
Nobody denies that even though you keep mentioning it. What you fail to acknowledge is that once some of that anticipation starts to come to fruition, the investing continues to grow. Then, when stock price starts to increase in those companies, the impact magnifies. Hell, the recent meme stock surges are a great example of that.
You're full of shit. The entire country thought trump had no chance of winning the presidency in 2016. The market was definitely not "actively pricing" for what was considered a very longshot of happening two years in the future.
trump policy failure. Thanks for playing.
And they were wrong, adding more proof that Biden has handled the recession extremely well to avoid a crash while doing the same during Covid to not destroy the economy (including after with all of the artificial money).
You're the moron who laughed at my comment that there was a 1.5 year stall in the DOW after TCJA was implemented. That's exactly what happened.
And I'm still laughing because you still dont seem to understand how stock markets work or what they anticipate. Stick with what you know, bench pressing bicycles, stalking university presidents, and rambling about botox injections.
So the market pulled back during a recession......is that news to you?? Imagine that, the market pulled back into a recession. How was that "wrong"??? And you wonder why we laugh at you.
1. 71% of Utah is federal land. As a person that likes to pick on flyover states as negative contributors, why do you believe an individual state should be hamstrung and not afforded economic opportunity? I would venture to guess that less that one tenth of one percent of US residents even know what and where Bears Ears is, let alone ever visit it in their lifetime. Lastly, it’s not some century old national park. Obama, on his way out the door, just took 1.35 million acres and said here it is. After Trumps action it was still a 200,000 acre park that didn’t exist before 2016.
Overreaction on your part.
2. This one is weird in my view. By making it less expensive to hire low skill workers, employers are able to hire more of them. This is beneficial to small business and positively impacts low wage earners. Why does it bother you?
3. What? The DOW went from 24,000 in 2017 to over 33,000 in 2018, up over 30%.
4. COVID wasn’t great, but more Americans died after Trump than during Trump, more in 2021 than 2020. To me Biden handled it much worse with the mandates, firings, kicking people out of the military, etc.
5. So you like it that dems always say “tax the rich” but don’t like when it’s actually done? Raising the standard deduction and limiting SALT benefitted millions more than it hurt.
6. Personally, I don’t like legislation by agency and prefer Congress to handle that stuff. Apparently the SC agrees. I don’t think we should have an education department, that’s a state’s rights issue.
7. Like what? Specific, not a blanket statement. Which treaties, how did it weaken us?
8. In our 3 branch government, Congress allocates money and does budgeting.
9. Anyone in this country is allowed to reproduce. Given that, what reproductive rights were taken away?
10. BS. Lowest border crossings in 40 years. Remain in Mexico was great, ending catch and release was great.
11. Okay, not a policy, and they had to get confirmed, but okay. Comey Barrett is one that I believe you will end up liking.
12. How did Trump mess up the census?
13. Dreamers, a name and group made up by Obama.
I lived in Utah during this time. I hiked every week. I traveled to southern Utah frequently for nature. Utah has one of the best/healthiest economies (possibly the best) in the country. Your concern is not affording them economic opportunity? Stop. Does it matter how many Americans know what Bears Ears is? Of course not. You asked policies of his I disagreed with, and this one impacted me directly.
By raping social security. No, thanks.
Read better. When the TCJA went into effect, the DOW froze for 1.5 years.
Oh, you want to play "but BIIDDDDEEENNNNNN!" now? Trump's entire Covid attempt was an abysmal failure.
It has nothing to do with the rich. It has everything to do with him targeting states that voted against him.
Congress can't handle that stuff! What the fvck is wrong with you? Government agencies are the experts, not fvcking Congress. My god - can you imagine Congress trying to act reasonably and be effective enough to make every single one of those decisions coming from agencies?
Let's start with reneging on the nuclear pact with Iran which has allowed them to get what they need far easier/fast and let's end with the trade war with China. There are plenty in between those.
it's his budget and his Congress, you dolt!
We both know what is being discussed. When you're as stupid as you have exhibited tonight, there's no need to act dumber.
That has nothing to do with him wasting money and fvcking it up. He promised, repeatedly, Mexico was going to pay for it. Then, when exposed for that lie, you sheep claimed he didn't mean directly. He meant indirectly through tariffs. Nope, that rang hollow, too, just lie almost all of his major promises.
Learn her name before acting like you know anything about her.
Besides this: https://publicintegrity.org/politics/system-failure/trump-obstruction-of-2020-census/
He also stopped the tabulation a month early.
What does that have to do with anything? It's unethical.
Typical, worthless, left wing rebuttal. He chocked Iran out. They were broke, they had no money to invest in nukes, no money to fund terrorism. That deal was as completely worthless and negative as the Paris Climate Accord. The nuke agreement didn’t even allow us to properly monitor compliance. Worthless.
It’s funny, most of your complaints are just selfish and myopic. You only care about you and it shows in the things that bother you. How many of those 1.35 million acres did you hike while in Utah? You realize that’s over 2,100 square miles? That’s almost as big as the entire state of Delaware. 30% larger than Rhode Island.
It’s funny, most of your complaints are just selfish and myopic. You only care about you and it shows in the things that bother you. How many of those 1.35 million acres did you hike while in Utah? You realize that’s over 2,100 square miles? That’s almost as big as the entire state of Delaware. 30% larger than Rhode Island.
I have no idea what that means. Are you trying to spell "choked"? If so, go back to trying to spell the names of SCOTUS justices.
What kind of moron are you trying to be? We reneged on the deal! Iran was living up to their end. Simply based on ethics, it is wrong. Based on what that says about the U.S. to the international community makes it wrong to do. Didn't allow us to properly monitor it? International inspectors were monitoring it! They had dismantled their program. By all accounts, they were holding up their end of the deal. They have now gone back to enriching uranium and are much closer than they were under the deal.
No matter what source you use, you will find that it was a major blunder.
Are you so stupid that you can't see your own claims contradict themselves?
On one hand, you claim that my complaints are selfish. On the other hand, you infer that I probably didn't use much or any of Bears Ears, so it's not an issue I should be concerned about. So if I didn't use that region - which I didn't - then wouldn't my concern about it be the complete opposite of selfish? Doh!
There it is! Hold that thought. You could save yourself a ton of typing if you would just stop after that statement. You could use that on multiple subjects. I doubt many read your blather that drones on and on. It's a message board not a novel board.
the DOW increased by ~11,750 points under 8 years of obama.
increased by ~10,990 points under 4 years under trump, which included the COVID crash when the DOW lost over 8,000 points in less than a month . . . what a rebound it made, though! didn't hear anybody bitching and moaning when it took off like a rocket ship after trump was elected . . . remember the media pushing the narrative that it would crash if he were elected? i do. why did it take off like it did? obviously because of trump's pro-business agenda.
has increased by ~8350 points under 3.5 years of stagnant joe. yep, ole stag really has this economy booming!!! to give credit, though, my retirement accounts are booming.
to add to posts above:
increased by ~10,990 points under 4 years under trump, which included the COVID crash when the DOW lost over 8,000 points in less than a month . . . what a rebound it made, though! didn't hear anybody bitching and moaning when it took off like a rocket ship after trump was elected . . . remember the media pushing the narrative that it would crash if he were elected? i do. why did it take off like it did? obviously because of trump's pro-business agenda.
has increased by ~8350 points under 3.5 years of stagnant joe. yep, ole stag really has this economy booming!!! to give credit, though, my retirement accounts are booming.
to add to posts above:
- wasn't the social security thing a deferral, not forgiveness, so it was a temporary "stop paying" situation to be repaid later? what rifle should be pissed about, but he likely isn't because he personally benefitted greatly, was all the free money given to businesses via the payroll protection programs and the employee retention credit. hell, i secured well over $1M for fewer than 10 businesses in ERC funding.
- i agree re: SALT, but not so much that as other itemized deductions that were eliminated, specifically the elimination of job related expense deduction. that one fukt a lot of construction workers and employed traveling sales guys. and, slowmojoe has added to it by placing tighter restrictions on how to classify employees vs. subcontractors, with emphasis of workers being classified as employees. subs are able to deduct their expenses whereas employees, thanks to trumps tax plan, cannot, and joe's legislation has pushed companies to classify more workers as employees.
- to add to the list of shit i didn't like from trump, even though the list is quite small: post card tax returns. it didn't make tax returns any easier, just moved lines from form 1040 to other forms with the summation of those forms included as one line vs. several on the face of form 1040. is/was a joke.
Very well said.
That said much of this goes back to who can spend our earned money more wisely - the taxpayers or the government. Liberals falsely assume that when fewer taxes are paid that money is somehow removed from the economy. To the contrary people (especially higher income individuals) have more disposable income for discretionary spending - buying vehicles and other major purchases stimulating manufacturing and secondary markets, home improvements again stimulating manufacturing and the trades (especially local), eating out more stimulating the entertainment economy, vacations stimulating the tourism economy, etc...
Sorry, didn’t see this before posting a specific thread to bust out rifle on the DOW average.
Yet what you posted was a straw man (which you recently showed you didn't know the meaning of) and something I never said. Since you're back in this thread, show us where I ever said that Biden was better than trump regarding the DOW impact.
The same people demanding that kind of honesty still lie and say the election was stolen.
Pretty much. It's not something I would recommend. But it might be instructional to the average idiot to be reminded that primaries are party functions, and not real elections.
It's trippy, really. You can go to England and walk on a Roman road. Not Italy, but frigging England. So much history everywhere in Europe.
They cheated like hell including his family and handlers and others hiding the dementia president. That's cheating, unethical, and disservice to the country.
So I wanted to initially leave a smart-ass response about Julius Caesar and some Roman bullshit, but then I got wrapped up and went down the rabbit hole of Roman roads in italy. I think you are likely wrong about not walking on a Roman Road in Italy, but I really don't know. Rest assured though, come this time next year, bump this post and I will let you know.
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