Market OVER 17K!!!!

[Sallow]

How confident will these market rates look if Yellen shut the tap water off? Yeah, it's the intellectual dishonesty thing, Shallow. You do it like it is your 50 year career.

If the market indeces had any reflection on the real economy, the fed would have already shut the tap off. And investors, of all stripes, wouldn't give two shits about whether the fed continued to pump billions in every month. But they do. They care a whole fuckin' lot.

Sorry what?

The biggest consumer of American products is, guess what?

The American Government.

Congress has decided that it will "help" the economy, since 2010, by doing NOTHING.

That didn't happen during the Reagan, Bush I, or Bush II administrations.

Congress SPENT like crazy.

So? If Congress decided, tomorrow, to start acting like normal legislators? The Fed could taper off alot more quickly.

But of course, you live in Libertarian land where governments are non existent and every CEO is John Galt or Howard Rourke and carries the world on their shoulders like Atlas.

 

[TakeAStepBack]

Changing the subject doesn't grant you any honesty points, hack.

 

[Howey]

Thanks Obama!

 

[NoTeaPartyPleez]

http://www.usmessageboard.com/polit...w-hits-new-record-on-track-to-hit-17k-71.html

LOL..

Buying champagne tonight for my 4th of July party tomorrow!

Woot.

I am truly happy for your good fortune, Sallow, and because I also feel that the stock market is rigged, I hope you cash out with a bundle...and soon. This is looking too much like the real estate market did in 2006. Way too much.

 

[Freewill]

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twtr -1.41%
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thu, jul 3, 2014, 10:46 am edt - u.s. Markets close early today in 2 hrs 14 mins for the day before independence day
u.s.
s&p 500

1,980.53
+5.91 (0.30%)

chart for ^gspc
dow

17,039.30
+63.06 (0.37%)

chart for ^dji
nasdaq

4,472.63
+14.90 (0.33%)

chart for ^ixic
gold 1,321.00 -0.74% crude oil 103.80 -0.65% eur/usd 1.3613 -0.32% 10-yr bond 2.66 +1.14% corn 417.25 -0.18% copper 3.28 +0.41% silver 21.19 -0.50% natural gas 4.34 -0.34% russell 2000 1,204.68 +0.43% vix 10.61 -1.94% bats 1000 22,251.24 -0.02% gbp/usd 1.7147 -0.10% usd/jpy 102.1650 +0.38%


whoop! There it is! :d

i called it!

go 1% go!!!!!

Go 1% go!!!!!

Pumper up fed, pumper up!!!!

Go 1% go!!!!!

Go 1% go!!!!!

Pumper up fed, pumper up!!!!

 

[Freewill]

How confident will these market rates look if Yellen shut the tap water off? Yeah, it's the intellectual dishonesty thing, Shallow. You do it like it is your 50 year career.

If the market indeces had any reflection on the real economy, the fed would have already shut the tap off. And investors, of all stripes, wouldn't give two shits about whether the fed continued to pump billions in every month. But they do. They care a whole fuckin' lot.

Sorry what?

The biggest consumer of American products is, guess what?

The American Government.

Congress has decided that it will "help" the economy, since 2010, by doing NOTHING.

That didn't happen during the Reagan, Bush I, or Bush II administrations.

Congress SPENT like crazy.

So? If Congress decided, tomorrow, to start acting like normal legislators? The Fed could taper off alot more quickly.

But of course, you live in Libertarian land where governments are non existent and every CEO is John Galt or Howard Rourke and carries the world on their shoulders like Atlas.

I wouldn't worry too much the sailors are still drunk:

 

[Katzndogz]

Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick

A skyrocketing market, a negative GDP.

Tick tick tick indeed.

 

[KNB]

Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick

A skyrocketing market, a negative GDP.

Tick tick tick indeed.

This is what Conservatives want, right? What's the problem?

 

[Freewill]

Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick

A skyrocketing market, a negative GDP.

Tick tick tick indeed.

This is what Conservatives want, right? What's the problem?

NO! Absolutely not, but that is what we are going to get.

 

[PredFan]

Yay! The rich are getting richer and the gap is widening! How proud the liberals must be.

 

[Flopper]

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Thu, Jul 3, 2014, 10:46 AM EDT - U.S. Markets close early today in 2 hrs 14 mins for The day before Independence Day
U.S.
S&P 500

1,980.53
+5.91 (0.30%)

Chart for ^GSPC
Dow

17,039.30
+63.06 (0.37%)

Chart for ^DJI
Nasdaq

4,472.63
+14.90 (0.33%)

Chart for ^IXIC
Gold 1,321.00 -0.74% Crude Oil 103.80 -0.65% EUR/USD 1.3613 -0.32% 10-Yr Bond 2.66 +1.14% Corn 417.25 -0.18% Copper 3.28 +0.41% Silver 21.19 -0.50% Natural Gas 4.34 -0.34% Russell 2000 1,204.68 +0.43% VIX 10.61 -1.94% BATS 1000 22,251.24 -0.02% GBP/USD 1.7147 -0.10% USD/JPY 102.1650 +0.38%


Whoop! There it is!

I called it!

Congratulations Sallow! I hope you bank some of your profits. Although I have been in market for nearly 50 years, I'm no guru but I have learned it's best to take some profits on the way up.

 

[NoTeaPartyPleez]

How confident will these market rates look if Yellen shut the tap water off? Yeah, it's the intellectual dishonesty thing, Shallow. You do it like it is your 50 year career.

If the market indeces had any reflection on the real economy, the fed would have already shut the tap off. And investors, of all stripes, wouldn't give two shits about whether the fed continued to pump billions in every month. But they do. They care a whole fuckin' lot.

Sorry what?

The biggest consumer of American products is, guess what?

The American Government.

Congress has decided that it will "help" the economy, since 2010, by doing NOTHING.

That didn't happen during the Reagan, Bush I, or Bush II administrations.

Congress SPENT like crazy.

So? If Congress decided, tomorrow, to start acting like normal legislators? The Fed could taper off alot more quickly.

But of course, you live in Libertarian land where governments are non existent and every CEO is John Galt or Howard Rourke and carries the world on their shoulders like Atlas.

I wouldn't worry too much the sailors are still drunk:

You do know that the bill for the unnecessary wars in Iraq and Afghanistan went on the 2009 books, right? Bush didn't want to look bad before he left office.

 

[Redfish]

% | $
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TWTR -1.41%
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Thu, Jul 3, 2014, 10:46 AM EDT - U.S. Markets close early today in 2 hrs 14 mins for The day before Independence Day
U.S.
S&P 500

1,980.53
+5.91 (0.30%)

Chart for ^GSPC
Dow

17,039.30
+63.06 (0.37%)

Chart for ^DJI
Nasdaq

4,472.63
+14.90 (0.33%)

Chart for ^IXIC
Gold 1,321.00 -0.74% Crude Oil 103.80 -0.65% EUR/USD 1.3613 -0.32% 10-Yr Bond 2.66 +1.14% Corn 417.25 -0.18% Copper 3.28 +0.41% Silver 21.19 -0.50% Natural Gas 4.34 -0.34% Russell 2000 1,204.68 +0.43% VIX 10.61 -1.94% BATS 1000 22,251.24 -0.02% GBP/USD 1.7147 -0.10% USD/JPY 102.1650 +0.38%


Whoop! There it is!

I called it!

Yep, thats good news. Now tell us exactly what obama has done to cause it-----we know that is your underlying reason for this thread.

2nd question, how much better would it be if obama had been defeated in 08?

3rd question, why are you celebrating the FACT that the gap between rich and poor has gotten larger under the kenyan messiah?

 

[Zander]

Firstly, the stock market is not "the economy". Secondly, the occupant of the WH has very little to do with stock market performance, despite partisan claims to the contrary.

That being said, I wish that the Dow hitting 17,000 was "good for the economy", but it's not. It's not even good for investors!! The following charts require little explanation. So far, the 21st Century has not been especially kind to equity investors.....

Here is the "nominal" chart since 2000 (nominal is non inflation adjusted)

Looks good, right?

Now let's adjust for inflation ...

14 years later and the SP500 is still down 9% and the Nasdaq is down almost 40%. But the DOW is UP almost 3%!!! Let's celebrate WOOHOO!!!

Celebrate? Only if you're ignorant of the corrosive effects of inflation.

 

[Redfish]

Sorry what?

The biggest consumer of American products is, guess what?

The American Government.

Congress has decided that it will "help" the economy, since 2010, by doing NOTHING.

That didn't happen during the Reagan, Bush I, or Bush II administrations.

Congress SPENT like crazy.

So? If Congress decided, tomorrow, to start acting like normal legislators? The Fed could taper off alot more quickly.

But of course, you live in Libertarian land where governments are non existent and every CEO is John Galt or Howard Rourke and carries the world on their shoulders like Atlas.

I wouldn't worry too much the sailors are still drunk:

You do know that the bill for the unnecessary wars in Iraq and Afghanistan went on the 2009 books, right? Bush didn't want to look bad before he left office.

that spending was authorized by congress, both parties voted for that spending. NO president can spend money on wars or anything else on his own.

Of course, you want to give obozo that power

 

[B. Kidd]

So Sallow, do you think the recovery is now self-sustaining, meaning the Fed can now taper and end its intervention?

 

[NoTeaPartyPleez]

I wouldn't worry too much the sailors are still drunk:

You do know that the bill for the unnecessary wars in Iraq and Afghanistan went on the 2009 books, right? Bush didn't want to look bad before he left office.

that spending was authorized by congress, both parties voted for that spending. NO president can spend money on wars or anything else on his own.

Of course, you want to give obozo that power

Please stop embarrassing yourself. Bush lied and told Congress that it would only cost $50B

"""In the months before the March 2003 Iraq invasion, the Bush administration estimated the Iraq war would cost no more than $50 billion.""
War costs may total $2.4 trillion - USATODAY.com

Quite a whopper he told, no?
Iraq war costs U.S. more than $2 trillion: study
Iraq war costs U.S. more than $2 trillion: study | Reuters

 

[Sallow]

Changing the subject doesn't grant you any honesty points, hack.

Didn't change the subject at all.

I addressed your ridiculousness head on.

Here's the problem with your economic "Theories" is they've never worked on a large scale.

And you libertarians love to cherry pick from small countries which none of you would be caught dead in.

Not Singapore, Not Austria, Not Hong Kong..not anywhere, where it might get a little rough if things break badly.

 

[Freewill]

Changing the subject doesn't grant you any honesty points, hack.

Didn't change the subject at all.

I addressed your ridiculousness head on.

Here's the problem with your economic "Theories" is they've never worked on a large scale.

And you libertarians love to cherry pick from small countries which none of you would be caught dead in.

Not Singapore, Not Austria, Not Hong Kong..not anywhere, where it might get a little rough if things break badly.

What a joke you make. It isn't a day that goes by that America isn't compared to those same small countries by the left.

 

[LogikAndReazon]

The wealthy and greedy bankers must be cleaning up....