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Orange Blooded [4033]
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Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 8:02 AM
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I wonder why? Where's CChem?
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All-In [48244]
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Dow Futures +24.00.
Feb 27, 2024, 8:04 AM
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Woo hoo. Let's have a party!
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Orange Blooded [4033]
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All-In [48244]
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How much has the cost of goods risen since Brandon took office?
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Feb 27, 2024, 8:17 AM
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I'll wait.
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Orange Blooded [4033]
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As expected
Feb 27, 2024, 8:19 AM
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LOLOLOL
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All-TigerNet [13395]
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The rich get richer and poor get poorer. A socialist's dream.***
Feb 27, 2024, 8:28 AM
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Orange Blooded [4033]
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Re: The rich get richer and poor get poorer. A socialist's dream.***
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Feb 27, 2024, 8:32 AM
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DADDY said the market would crash if he didn't get reelected. What happened?
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All-TigerNet [13395]
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Daddy said raising taxes would cool the planet
Feb 27, 2024, 9:18 AM
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**stupid gif**
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Orange Blooded [4033]
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Re: Daddy said raising taxes would cool the planet
Feb 27, 2024, 10:17 AM
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Why didn't the market crash like the businessman said it would? Was he FOS? 😆
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All-TigerNet [11655]
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Re: Daddy said raising taxes would cool the planet
Feb 27, 2024, 1:40 PM
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Just print more money and have the Fed artificially manipulate interest rates. Oh yeah, have the government keep the banks afloat. That will do it.
Message was edited by: saddis56®
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Orange Blooded [4033]
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Re: Daddy said raising taxes would cool the planet
Feb 27, 2024, 3:07 PM
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The businessman promised us the market would crash if he wasn't reelected. He was FOS and didn't know what he was talking about, CORRECT? LOL
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All-TigerNet [11655]
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Re: Daddy said raising taxes would cool the planet
Feb 27, 2024, 4:37 PM
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That's what he gets for under estimating the far-reaching tentacles of the Biden Crime Family. Lesson learned. 😉
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Orange Blooded [4033]
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Re: Daddy said raising taxes would cool the planet
Feb 27, 2024, 9:35 PM
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So the market didn't crash because Biden is a criminal? Please explain or tap out in shame. Lol
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All-TigerNet [11655]
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Re: Daddy said raising taxes would cool the planet
Feb 28, 2024, 1:03 PM
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He is in charge of the Fed, funding the banks to keep them open and illegally spending tax payers money. That is criminal and you might say he's the real insurrectionist undermining the constitution.
You have too much hate and no rational idea of what's happening. Someone said Trump was bad and you jumped on the wagon. It doesn't hurt for long when you jump off. I know I did it.
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CU Guru [1159]
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CU Guru [1406]
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110%er [9129]
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Re: Haven't seen an update on the Dow Jones in a while
Feb 27, 2024, 8:34 AM
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been going up since trump announced
winning
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Orange Blooded [4033]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 8:41 AM
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Why hasn't it crashed like DADDY said it would? Was DADDY FOS?
#checkmate
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All-In [34184]
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Heisman Winner [138864]
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I'd bet decent money you actually believe this, too.
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Feb 27, 2024, 9:05 AM
[ in reply to Re: Haven't seen an update on the Dow Jones in a while ] |
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Did you know that over the last 100 years, US markets have increased exponentially more under Democrat Presidents than Republican Presidents?
From 1926 to 2023, we have had a Republican president for 47 years, and a Democratic president for 51 years. The difference in returns between the parties is pretty stark. The average annual return for the S&P 500 index when we had a Republican President was 9.32%. When we had a Democratic President, the S&P 500 average 14.78% per year. That’s a premium of 5.5% per year on average. To put it mildly, this is a really big difference.
Is that a big enough sample size for you to draw a conclusion on when and where to invest your dollars, or nah?
https://retirementresearcher.com/are-republicans-or-democrats-better-for-the-stock-market/
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110%er [9129]
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Re: I'd bet decent money you actually believe this, too.
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Feb 27, 2024, 9:54 AM
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you worry too much
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CU Guru [1474]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 9:10 AM
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Yes, it's true that in nominal terms stocks are at record highs. But one of the first rules of investing is that you need to pay attention to your after-inflation profits. If you make an investment in a widget company and in 10 years that stock has doubled in value but the price level in dollars of everything else has doubled, sorry, you're no better off based on what you can buy with those profits.
So, let's see what has happened to stocks over the first three years of the Biden presidency -- i.e, through the end of January 2024. Over that period, the price level has risen by about 18%. The real (inflation-adjusted) rate of return in the S&P 500 after three years of Biden is thus only 8%. This is fairly anemic and well below the average annual real rate of return since the New York Stock Exchange opened its doors, which is a three-year average of more than 20%
Biden's performance is also much worse than the bull market under Donald Trump. The S&P was up 36% in real terms at this time of Trump's presidency, or more than four times better. One last piece of investment advice: Investors should pay attention to the Democratic agenda if they win in November. The Biden economic plan calls for doubling the capital gains tax, taxing unrealized capital gains and raising both the corporate tax rate and the dividend tax.
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Orange Blooded [4033]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 9:12 AM
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Cool story Bro.
DADDY said the market would crash if he wasn't reelected. Was DADDY FOS?
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CU Guru [1474]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 9:49 AM
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I don’t what your dad says. I’ve never met him or you.
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All-In [48244]
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BOOM!***
Feb 27, 2024, 10:20 AM
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Orange Blooded [4033]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 10:57 AM
[ in reply to Re: Haven't seen an update on the Dow Jones in a while ] |
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I understand completely why you won't answer the question. Kind of embarrassing when your narrative blows up in your face, isn't it?
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CU Guru [1474]
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Re: Haven't seen an update on the Dow Jones in a while
Feb 27, 2024, 12:06 PM
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You can’t be talking to me. I don’t know what you mean when you keep talking about a daddy. I don’t have a narrative. I just showed the facts that the stock market was actually growing more under Trump, especially when inflation is factored in. Although, in reality the president has little to do with stock markets. Trump shouldn’t really claim that has an achievement. Neither should any other president. I also presented facts that show the Biden administration has directly contributed to inflation. Although, they are certainly not to blame for inflation in its entirety
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Heisman Winner [138864]
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Orange Blooded [4033]
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Re: Wait, did Biden cause inflation?
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Oct 10, 2011, 5:07 PM
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He can't. This is where he taps out.
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CU Guru [1474]
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Heisman Winner [138864]
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That is most certainly your implication when comparing market returns
Feb 27, 2024, 9:54 AM
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between Trump's and Biden's Presidencies. Not to mention you've said exactly that more than a few times in the past month or so.
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CU Guru [1474]
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Re: That is most certainly your implication when comparing market returns
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Feb 27, 2024, 10:25 AM
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I was simply showing that the stock market increased more in Trump, which really doesn’t even matter, and that rises needed to be adjusted because of the massive inflation over the past 3 years. Biden is not solely responsible for inflation but his administration has definitely contributed. In early 2021 he passed the 1.9$ trillion American rescue plan. The Covid crisis had largely abated at that point so that stimulus plan was no longer needed.
In 2023 the fed was raising interest rates to help cool inflation. At the same time, the Biden administration is doing all that it can to deliver further stimulus to the economy, by among other things, plans for forgiving payments on student loans, extending the child tax credit, increasing health care subsidies and subsidizing “green energy.” These increases in spending, if implemented, are certain to increase the rate of inflation just as the St. Louis Fed found the COVID stimulus did. This raises the unfortunate image of the federal government at war with itself. While the Fed seeks to lower inflation, the Biden administration is pursuing policies that will inevitably cause inflation to rise.
Bottom line: quit spending money
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Orange Blooded [4938]
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Re: Haven't seen an update on the Dow Jones in a while
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Feb 27, 2024, 9:12 AM
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Market basically doubled from when Trump was elected until he left. It's been doing well the last few months for sure but it certainly hasn't gone through the roof the last four years like it did with Trump although I'll admit that kind of return isn't sustainable or realistic to expect year after year.
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Orange Blooded [4033]
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Re: Haven't seen an update on the Dow Jones in a while
Feb 27, 2024, 9:16 AM
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The deficit more than quadrupled under Trump and the National debt increased about as much as the stock market. Is that winning? I thought DADDY was a businessman who was the master at fixing that.
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Heisman Winner [138864]
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To be fair, Trump absolutely LOVES him some debt.***
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Feb 27, 2024, 9:18 AM
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All-In [27876]
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I've never been as wealthy or handsome than I have under Joe.
Feb 27, 2024, 10:20 AM
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My dong also grew three inches.
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CU Guru [1474]
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Re: I've never been as wealthy or handsome than I have under Joe.
Feb 27, 2024, 10:33 AM
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If Joe could make my dong grow 3 inches I would vote for him every chance I got.
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All-In [48244]
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All-In [25151]
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Perfect!***
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Feb 27, 2024, 12:02 PM
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All-In [26689]
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Been too busy wringing my hands over the failed border bill.
Feb 27, 2024, 11:11 AM
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Joe needs help.
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110%er [5731]
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Doesn't know the market
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Feb 27, 2024, 4:24 PM
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is anticipating Biden being out of office LOL
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Orange Blooded [4033]
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Re: Doesn't know the market
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Feb 27, 2024, 9:37 PM
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It never crashed. Was the businessman FOS?
#pwned
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Replies: 41
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