Dow Jones Industrial Average
Bush's inauguration: 10,587.60
Bush's 2nd inauguration: 10,586.03 (well...as of right now)
Bush's inauguration: 10,587.60
Bush's 2nd inauguration: 10,586.03 (well...as of right now)
Interesting note re:the Dow Jones average
- Thread starter conjur
- Start date
well considering they are both near all time highs, pretty good.
Especially since it was down to what, somewhere in the 8k's? maybe even below 8,000 for a while?
and it was inflated and overvalued then, thus the crash 6 months later.
I'd rather see a slow steady gain than the crazy gains of the late 90's.
I'd rather see a slow steady gain than the crazy gains of the late 90's.
I would, too. Problem with this rise, though, is the gains are all in the hands of corporations and its big investors. Workers aren't seeing their share of this "recovery".
except everyone with a 401k, or a pension plan, mutual funds, annuity, or well, damn near everybody.
EDIT: oh and anyone with a job too.
You sure seem to think in optimistic terms. What % of the US working population do you think actually has those things? WalMart and McDonald's offering 401k plans to their part-timers, eh?
my 401k and Roth are up over 20% last year. I bought a house at an insanely low interest rate and am working on buying a condo as an investment. Yeah the economy sucks.
Why is it our job to take care of the idiots who work at Wal Mart and McDonalds?
Why is it our job to take care of the idiots who work at Wal Mart and McDonalds?
If you don't know the answer to that then you are a sad example of the decline of American society.
Not so. I have always had a job, and have some retirement investments, and both my buying power and hopes for retirement have seriously receded over the past 4 years.
You must be stupid, too stupid to realize that the market is a poor indicator of real world economic performance.
The reality, the economy is doing well and almost every major indicator is through the roof. Including today when the new jobs data was announced. Lowest level of new jobless claims since the late 90s. Sub perfect employment numbers (approx. 5.4% is perfect employment for the idiots out there) meaning everyone that wants a job is working, new business owners do not count. There is also the phenomenon of wage pressure as good employees shrink from the pools. Wages go up once employment his its perfect level.
So the bleak WalMart wage liberals are wrong yet again.
Take a break from name-calling and point me to the indicator that shows how my wages have not grown while the price of everything I spend my money on has increased.
My bad. I forgot how my 4 college drgrees and elevelteen industry certifications have caused me to have unrealistic expectations!
Dow 10,538.34 -90.45 (-0.85%)
Nasdaq 2,073.59 -32.45 (-1.54%)
but dont worry, the next 4 years promises another:
80% increase in oil prices
50% increase in healthcare costs
33% increase in natl debt
15-30% increase in tuition
50% increase in defense spending
Nasdaq 2,073.59 -32.45 (-1.54%)
but dont worry, the next 4 years promises another:
80% increase in oil prices
50% increase in healthcare costs
33% increase in natl debt
15-30% increase in tuition
50% increase in defense spending
You must not know much about the stock market. The DOW is just a portfolio of stocks, one whose composition changes from time to time. Also, it does not account for returns that are paid out in the form of dividends, which is where a lot of the profits from big companies like GM go.
ya, just like the dollar was going to collapse 6 months ago, and 6 months before that, and omg as soon Bush gets re-elected your all getting drafted.
Wouldnt you just love for the world to go to shit?
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