Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

Hoyt

(54,770 posts)
1. The thing that concerns me about the market is that come November it could just as easily jump
Mon Jun 25, 2018, 08:11 PM
Jun 2018

several thousand points to an all time high.

Hard not to, but it's a risk putting too much "stock" in the market at any given time. It's kind of like using the term global "warming" when ignorant GOPer climate change deniers are freezing to death in Ohio.

Iliyah

(25,111 posts)
4. My opinon is that it won't mean a hill of beans if
Mon Jun 25, 2018, 08:28 PM
Jun 2018

the middle class are barely making it. Right now, cost of living is rising but wages are not meeting the cost of living. At this pace, adults will have to work two jobs to maybe make ends meet. Healthcare will be unaffordable.

 

Hoyt

(54,770 posts)
5. I agree. It's things like healthcare and housing we should be emphasizing, not the stock market.
Mon Jun 25, 2018, 08:57 PM
Jun 2018

I honestly don't even care if the CEO of some big company makes millions of dollars as long as the vast majority see some improvement and security.

But the middle class and those who see the middle class as a dream, are what matters and probably account for a whole lot more votes than any other groups. Sadly, one problem is that many in the middle class will trade voting for someone that might make things better -- like healthcare -- for someone who will treat minorities like dirt.

D_Master81

(1,822 posts)
2. Looking at the day to day market is pointless
Mon Jun 25, 2018, 08:14 PM
Jun 2018

back in Feb it was dropping a few thousand points then it gained it all back, now its back down a little. Its all about the long term trend. Right now the trend is plateauing off after a rapid rise.

lpbk2713

(42,769 posts)
3. Blame it on the black guy as usual.
Mon Jun 25, 2018, 08:14 PM
Jun 2018



And of course ... when it takes a spike upward it will be due to Trump's shrewd leadership skills.

Olafjoy

(937 posts)
7. Big losses
Mon Jun 25, 2018, 10:37 PM
Jun 2018

Has lost 3 trillion dollars of value since the beginning of the year. When Drumph supporters start chirping about the great economy, I toss out the 3 trillion figure.

Recursion

(56,582 posts)
8. Bond yield is flat today. If it inverts tomorrow...
Mon Jun 25, 2018, 10:43 PM
Jun 2018

Well... the last two times it inverted were August 2008 and April 2000. Just saying.

Latest Discussions»General Discussion»Dow closed at -328.09 to...