DOW cracks 25,000!!!! On its way to 30,000!

The stock market and income disparity were running similar in 1929 as they are now...


What goes up...




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The stock market and income disparity were running similar in 1929 as they are now...


What goes up...




. Originally Posted by WTF

Granted, there will be a "correction". But that correction will be at a very high level, due to the phenomenal rise since President Trump took office.

The Democrats are going to have a great platform for 2018. ....."voters are tired of winning, vote Democrat"

The stock market highs in the 1920s were bolstered by stock purchases bought on margin with as little as 10% down with the balance due on call. That is illegal today. There's more real equity in today's stock market than there was in 1929, which was largely chimerical.

The stock market highs in the 1920s were bolstered by stock purchases bought on margin with as little as 10% down with the balance due on call. That is illegal today. There's more real equity in today's stock market than there was in 1929, which was largely chimerical. Originally Posted by I B Hankering

BOGUSMAGEE never gets very deep. He’s too fucking stupid.

The stock market highs in the 1920s were bolstered by stock purchases bought on margin with as little as 10% down with the balance due on call. That is illegal today. There's more real equity in today's stock market than there was in 1929, which was largely chimerical. Originally Posted by I B Hankering

" chimerical " ? Is that like Perfesser Peter Puffer's alleged " epertise "on the subjects of the economy, finance, tax laws and who is responsible for the BOOM ? !

The stock market highs in the 1920s were bolstered by stock purchases bought on margin with as little as 10% down with the balance due on call. That is illegal today. There's more real equity in today's stock market than there was in 1929, which was largely chimerical. Originally Posted by I B Hankering

Shhhhh! Stuff like that is confusing to a simple-minded simpleton who desperately wants it to be 1929 all over again.

As Larry Kudlow used to say before CNBC stupidly cancelled his show "Profits are the mother's milk of the stock market". Corporate earnings are continuing to grow due to: 1) the strong economy and 2) the just-enacted tax cut. Companies report their earnings AFTER taxes, so the same dollar of pre-tax income is now worth more after taxes.

Also there is a shortage of publicly traded equities versus 15 years ago due to Sarbanes-Oxley and constant buybacks. Less supply means higher prices when investors feel bullish.

First artificially low interest rates and now a tax cut.....when our debt is no longer attractive to countries, interest rates will rise and you will remember this warning.



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First artificially low interest rates and now a tax cut.....when our debt is no longer attractive to countries, interest rates will rise and you will remember this warning. Originally Posted by WTF

Wow, look at that! Snitchy is a Wall Street analyst!

What will everyone buy if they don't want to hold US Treasury obligations - bitcoins?

Besides, the Federal Reserve can always step in and buy all the debt if others balk. Obama's Fed taught us that.

Keep your eyes on the P/E ratios, you moronic buffoon... otherwise you will look as stupid as Paul Krugman predicting a market crash on Nov. 9, 2016!

chimerical ...."imaginary, fanciful, visionary, fantastic, chimerical, quixotic mean unreal or unbelievable. imaginary applies to something which is fictitious and purely the product of one's imagination."

StandingInChemericalShit

Keep your eye on our debt lustylad....at some point, it will matter.

Hey snitchy, did you forget something? Half of our total debt was racked up during odumbo's slow-growth years. An expanding economy is what keeps it manageable.

I'll dumb it down and keep it simple for you, simple-minded simpleton:

Trump = Pro-growth

Odumbo = Anti-growth

Keep your eye on our debt lustylad....at some point, it will matter. Originally Posted by WTF

Especially when that 100trillion in unfunded liabilities comes home to roost. Freedoms just another word for nothing else to lose!


BOGUSMAGEE

Especially when that 100trillion in unfunded liabilities comes home to roost. Freedoms just another word for nothing else to lose!

Originally Posted by bambino

By law SS can only pay out what it has taken in.....so you and a bunch of others are lying about unfunded.

Did you know that and still tell that lie?

Hey did you forget something? Half of our total debt was racked up during odumbo's slow-growth years. An expanding economy is what keeps it manageable.

I'll dumb it down and keep it simple for you, simple-minded simpleton:

Trump = Pro-growth

Odumbo = Anti-growth Originally Posted by lustylad

How much debt would we have piled up after 2008 had we not had the Housing bubble?

Which btw is another good reason to have raised taxes in good times! We should be raising them now on the wealthy....not this huge tax break they are getting.

Damn you boys just keep walking into your own shit.

I'm sure this anti regulation Admin will soon get us back to the regulations that fueled the bubble.....that is how these things work boys. there is a great book out called The Black Swan, maybe you should have taken a peek at it.

Especially when that 100trillion in unfunded liabilities comes home to roost. Freedoms just another word for nothing else to lose!


BOGUSMAGEE Originally Posted by bambino

so did BOGUSMAGEEand ROCKET LENNY go to the same university that StanThe Stupid teaches at