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Stock Markets Up in U.S. - The Trump Effect |
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Medclinician
V.I.P. Member Valued Member Since 2006 Joined: July 08 2009 Status: Offline Points: 23322 |
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Posted: January 25 2017 at 7:16am |
Well, much different than my usual predictions during 8 dismal Obama years, one of my beliefs is in major numbers in the DOW and other places indicating we are in for a Bull Market in 2017.
http://www.investopedia.com/terms/b/bullmarket.asp Making a mental note that the DOW just broke 20,000 (for the first time ever) - that was my threshold personally to indicate we are on the way up. http://money.cnn.com/2017/01/25/investing/dow-20000-stocks/index.html Ironically look at the world markets - Germany DAX+1.76% 11,799.44 +208.11comment: What means this? It could be translated things will not be business as usual and often times what we need more than anything else is Change. The trade situation for the U.S. during the last decade could be expressed in rather basic terms - "It sucked" We were looking at massive trade deficits with money, jobs, and even building factories outside the U.S. at an all time high. Our labor market was being gutted by incentives to promote warm fuzzy feelings with trade partners which were trashing the American manufacturing market and allowing companies to outsource labor and jobs. The Trump Effect - well - basically - as of today many entrenched powerful things are being challenged and the way it was - "It is over" Am I glad to get off the soap box with my placard "The End is Near" finally? I am. I want things to be better. I want an American Renaissance - a rise of the middle class - more jobs and what we have not had for years - HOPE. Can we dare to dream? I am. You know - what you picture as the future - has a lot to do with what happens in your future and a nation. When people in America start envisioning success and a booming economy- we are on the verge of it happening. Why not? It's about friggin' time. Medclinician |
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"not if but when" the original Medclinician
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Satori
Valued Member Joined: June 03 2013 Status: Offline Points: 28655 |
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big deal
when Obama took office the stock market was less than 8,000 when he left it was 19,000 when Obama took office the economy was losing HUNDREDS OF THOUSANDS of jobs EVERY month yeah remember those days all things considered Obama didn't do too bad considering what he got handed and the Obama years weren't bad for everyone they were QUITE GOOD for me best years ever FOURTH TUNING -read it it will save you a lot of heartache and financial mistakes Intelligence is the ability to adapt to change. Hawking to recognize that you need to adapt you first have to recognize that change has occurred VERY few people have realized that WE ARE NOT GOING BACK TO THE GOOD OLD DAYS recognize adapt and thrive or die |
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jacksdad
Executive Admin Joined: September 08 2007 Location: San Diego Status: Offline Points: 47251 |
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We were just shy of 20,000 before Obama left office. I think celebrating a slight uptick less than a week into a new administration is a little premature.
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"Buy it cheap. Stack it deep"
"Any community that fails to prepare, with the expectation that the federal government will come to the rescue, will be tragically wrong." Michael Leavitt, HHS Secretary. |
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