Posted on 12/27/2018 12:44:05 PM PST by abb
The Dow Jones Industrial Average traded higher on Thursday, erasing steep losses a day after posting a historic surge.
The 30-stock index traded 31 points higher after plunging 611 points earlier in the day. The S&P 500 held just above the flatline after sliding more than 2 percent. The Nasdaq Composite traded 0.2 percent lower after dropping more than 3 percent.
Earlier in the day, stocks fell amid renewed tensions between China and the United States.
(Excerpt) Read more at cnbc.com ...
I have Boeing and Verizon. Great dividends.
No, but Milton Friedman did.
We need much higher tariffs now. While we have something to save.
Damn, she’s ugly.
You’re living in the past. You ought to learn how the markets allocate capital today, it’s directly connected to the plunging standards of living over the past few decades. It’s nigh-Soviet in its true nature.
Manipulated
Back in '08, when the economy was tanking from a government-induced stimulus, and the market was moving smartly upwards when, fundamentally and technically, there was no reason for it to do so, I read reports (rumors, really) that the Treasury and/or the Fed (or suitable proxies) were buying up stocks simply for the purpose of buoying the market for the benefit of Obama.
I don't know how much credence I'd put in rumors like that, although I'd put nothing past Obama and the Democrats.
But when we had the big down movements before, I wondered if, indeed, there might be something to it.
Probably not, but I don't doubt the possibility of the dark hand of the Deep State behind some of these movements.
Just food for thought!
CA....
Saving what? There's not a single computer built in America. We make RAM, some flash, wafers, and some processors. All the discrete electronics are imported even for made-in-America computers like the Mac Pro desktop.
If you think we should tariff all those components that Apple uses when they make their computer here, then we will end up doing the opposite of what you say you want.
No need for the Fed to directly buy stocks back then...trillions of dollars in QE (”quantitative easing”) by the Fed (new $$ in the system) and a $1 trillion (more or less) “shovel-ready” “stimulus” package (by Bush/Obama & Congress) had to go somewhere, and it certainly didn’t go into savings accounts & CD’s at near zero interest rates. It all went into the stock market causing a bubble that may be deflating now.
And Drudge. I wonder who got to him. There must be pictures of him snorting coke at a party or exiting a hotel with a young woman.
So you probably don’t any mutual funds either.
Buy low and sell high. Why not make a few gran a day.. On average that’s likely 20 grand a month or $240 grand a year. Not bad for a savvy day trader.
\
The trick is to have a dedicated broker.Or be one.
Woman? He’s queer as a 3 dollar bill.
End of the year trading is always crazy. There is so much going on. Lots of funds need to rebalance, take gains and losses, and it’s amatuer hour on the retail side.
But the money coming in the last few days points to institutional money.
Then NEXT week it will all be about taking profits.
This isn’t done by a long shot.
What Free Traitors™ want you to believe is that the supply function is static and no new domestic suppliers will EVER come on line. Despite their best efforts brand new factories are still being built in the USA all the time. Not as many as are closed mind you but the situation is dynamic and not static. Which proves manufacturing can come back to the USA. With more domestic supply will mean pressure to reduce prices.
The greedy mental midgets we lovingly call Free Traitors™ are some of the most myopic people on earth.
There are no Free Traitors.
Free Traitors is a pathetic poltical construct made up by an isolationist mal content
I agree with that because trade is not static. My main point is we need to be strategic about tariffs on imports. There are low value discrete components like reisistors and diodoes that are on every circuit board in every computer in existence. I don't think tariffs on those will help in the short run.
OTOH you could probably argue that tariffs would have prevented this: https://en.wikipedia.org/wiki/Capacitor_plague So it's hard to say and capitalism is dynamic as you point out, with or without tariffs.
Where are the ones who were predicting a crash?
With all due respect, we know you like tariffs and feel free trade is hurting the country. However using the phrase “Free Traitor TM” is not clever...
Back in the spring, I asked you to stop using “TM” with your pet phrase “Free Traitor” because you did not have a legal TM, so it is not trademarked. You continued to use it anyway.
Unless you have recently received a Trademark, you are still using the TM brand registration illegally** You don’t do your argument any favors using TM improperly/illegally.
Here is website to get TM, so if you insist on using it, why not get one so you can use it legally?:
https://ttcbusinesssolutions.com/u-s-federal-trademark-registration
Why do I care? Illegal use of TM doesn’t help FR, it weakens your arguments and you are devaluing real TM and patents...My son actually has obtained patents, and they take a lot of time and effort. Phony use of TM not appreciated by those who are actually seeking valid ones.
Again, please stop.
**BTW, if someone has trademarked your phrase, they can have injunction and fines assessed.
I won’t stop.
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