Some Inconvenient Math For PINO'S fans

[ProfessorGAC]

Between 6 months and 1 day before the mistake, the Dow went up 31.5%
It was 23,642 on the day before the mistake!
At that rate, in the subsequent 18 months the Dow, under the BHO economy, would have been 35,000!!!!
It closed today at 24,175!
This is 45% below where it should be, absent a fake "business man"!

[calimary]

1. Most intriguing math, my dear Professor!

[ProfessorGAC]

2. I Can Lie With Math

But, math don't lie
And I ain't lying!
These are the #'s

[PoindexterOglethorpe]

3. Could you explain this a bit more?

What's PINO? What mistake are you referencing?

[Takket]

4. i think PINO is drumpf but never heard that before

and the mistake is his election.

OP is calling out the rate of increase in the DOW during Obama's last 6 months and projecting the DOW if had continued to grow at the same rate over the last 18 months.

[PoindexterOglethorpe]

5. Those kinds of projections are iffy at best.

You could also take some period of decrease and project the DOW dropping to 300 in some period of time.

The market goes up. The market goes down. There's no way of knowing for sure where it would be had Hillary become President.

[ProfessorGAC]

8. No You Can't

And that's hardly the point!
Which went 100 feet over your head
This is a message to PINO'S fans, not us
And 6 month trends are not ignorable. The "up and down" thing is intellectually lazy
Happy now?

[PoindexterOglethorpe]

12. Who or what is PINO?

That still hasn't been answered.

And while 6 months trends are not fully ignorable, they are not the entire picture. Up and down is NOT intellectually lazy, but an accurate view of the markets.

Look at one day in the market. Then one week. Then one month. Then six months. Then a year. Then five years. Then ten years.

Certain trends smooth out. Others are more obvious. The most obvious one is that over time the market rises.

[GReedDiamond]

13. PINO is President In Name Only...

...as far as I know.

On edit: See post #6 below from earlier.

[PoindexterOglethorpe]

17. Thank you.

I wish people here would understand that we don't all know the same acronyms.

[GReedDiamond]

18. Yer welcome...

...and, yeah, I know what you mean.

[treestar]

14. President in Name Only

Drumpf.

[mythology]

19. As opposed to the intellectually rigorous assumptions in your OP?

The post is nonsensical.

[Thomas Hurt]

9. While you are correct, the statement is also true, after all the Pig is a stable genius....

the best negotiator ever, anywhere and inventor of the term "priming the pump"

with those credentials, his performance is seriously lacking...

[ProfessorGAC]

10. OK, Too Snarky!

I'm not suggesting the Dow would really be 35k
But it's abundantly clear it would be at least what is now, and (given a 40% lag) likely better
Which is a strong case that PINO is a drag on growth, not what his fans think!

[brush]

11. You actually think trump's tariffs have had no negative effect on the market?

The market got up to some 26k then trump, a year into his imposter administration, declared he would no longer listen to his advisor and do it his way.

In Feb. of this year he began with first the attack on Amazon which caused a big drop, then he began the tariff debacles and the market responded with significant drops with rallies interspersed.

The rallies however haven't recouped the losses as witnessed by the Dow being in the 24k range, much less than the 26k and increasing range it was before trump the stable genius began asserting himself.

[PoindexterOglethorpe]

15. I guess I'm handicapped by having been in the market for more than 40 years.

Really. Sometimes it goes up. Sometimes it goes down. Overall the trend is up.

Timing the market is a fool's game. If you're not invested for the long run you are playing a fool's game.

[brush]

16. If you been in it for 40 years you must recognize the downward trend since...

trump has begun his new tariffs policies.

You also must be aware of the historic downturns/depression/recessions that happen during repug administrations and their policies—Hoover, even Eisenhower, Nixon, Reagan, Bush?

This trump downturn bears watching, just as W's did which just about ran the economy into the abyss.

Each time the economy recovered during subsequent Democratic admins.

[PoindexterOglethorpe]

20. It's not all that strong a downward trend.

We still have not had a true market correction, meaning 10% drop that is sustained, in a very long time.

People freak out over one and two percent drops. God forbid the market might drop four or five percent in one day. I suspect people here will act like it's the drop that occurred, I dunno, whatever the actual worst drop of the DOW ever was.

[brush]

21. It certainly bears watching though. The historic pattern is documented...

and the market is down since trump started his tariffs policy.

[greatauntoftriplets]

6. President In Name Only.

[ProfessorGAC]

7. OK

PINO is President In Name Only
The mistake is PINO