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Dow passes 40,000 for first time
NY Post ^ | 05/16/2024 | SYLVAN LANE

Posted on 05/16/2024 9:31:16 AM PDT by ChicagoConservative27

click here to read article


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To: ChicagoConservative27

Expecting Biden to win re-election.


61 posted on 05/16/2024 12:54:26 PM PDT by nwrep
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To: ChicagoConservative27

Yes Ukraine bogus investment is paying off


62 posted on 05/16/2024 1:25:15 PM PDT by Vaduz
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To: woodbutcher1963

“…slightly less…”

LOL


63 posted on 05/16/2024 1:58:22 PM PDT by Laslo Fripp (Does anybody proofread anymore?)
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To: ChicagoConservative27

Dow closed at 39,989 today.


64 posted on 05/16/2024 2:02:50 PM PDT by Laslo Fripp (Does anybody proofread anymore?)
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To: Ge0ffrey

DOW goes nowhere

Value of money drops further, meaning that it takes more of it to buy stock.

65 posted on 05/16/2024 2:55:31 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: I want the USA back

GMTA!


66 posted on 05/16/2024 2:56:59 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Revel

Yup.

Even lower the farther back in time one goes.


67 posted on 05/16/2024 2:57:41 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: 1Old Pro

My first brand new car cost $3400.

And it had a 3 year loan.


68 posted on 05/16/2024 3:00:13 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: 1Old Pro

Average new house in Indiana is around $300K


69 posted on 05/16/2024 3:01:34 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Paladin2

Yup.

It slides the percentage you pay into higher and higher brackets


70 posted on 05/16/2024 3:02:47 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Sam Gamgee

How much does your gold weigh?

Or do you just have a piece of paper that SAYS you have gold - somewhere.


71 posted on 05/16/2024 3:03:48 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: SaxxonWoods

I hope you are correct and I am counting on that. You would have been through history up to this point.


72 posted on 05/16/2024 7:27:25 PM PDT by Sequoyah101 (Procrastination is just a form of defiance)
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To: ChicagoConservative27

A foot is 12 inches.
Now, imagine that an inch gets shorter - so that a foot is now 13 inches. Or 15. or 20.

It’s the same length, but the inch has shrunk.

That is what’s happening with the dollar. The DOW isn’t getting bigger, the unit of measure is shrinking. Inflation


73 posted on 05/16/2024 7:33:32 PM PDT by meyer ("When, in the course of human events,....")
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To: fwdude

I can’t see a legitimate reason for it.

It seems to me all they talk about is micro-interest rate
fluctuations ahead, but it’s really a flimsy excuse > IMO.

If inflation goes back up, crash, boom, bam,... holy cow
Batman.


74 posted on 05/16/2024 8:53:16 PM PDT by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands. )
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To: grimalkin

[Things are very, very wrong.]

I agree.

There’s daily talk of World War III, daily efforts pushing it forward, sadly, and then things like this.


75 posted on 05/16/2024 9:12:19 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: Openurmind

I agree


76 posted on 05/16/2024 9:20:51 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: woodbutcher1963

[You mean that EVERYONE can not afford an $80K pick up truck or SUV ?

Say it ain’t so.]

Exactly.


77 posted on 05/16/2024 9:23:15 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: ducttape45

I’m with you on that. Unfortunately it’s likely.


78 posted on 05/16/2024 9:24:57 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: woodbutcher1963

I’ve seen brand new 100K+ trucks around the streets lately, and I have no idea how people can afford these, but congratulations I guess. We’re sticking with our 2012 Chrysler and 2014 FJ Cruiser. Both have been paid off for a long while and are both going strong. Great engines. Insurance is minimal.


79 posted on 05/17/2024 12:22:27 PM PDT by grimalkin (Communism is the final logic of the dehumanization of man. -Fulton J. Sheen)
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To: SamAdams76

https://finance.yahoo.com/quote/%5EDJI

Dow Jones Industrial Average (^DJI)
40,004.05 +134.67 (+0.34%)
At close: 4:03 PM EDT


80 posted on 05/17/2024 1:03:55 PM PDT by abb
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