More Dow Bad News For MAGATs

[ProfessorGAC]

The 8 years of the BHO admin, the Dow went up 12.22% per year
In the last year, Dow is up 5.8%
Now, we're talking real statistics
The "genius business man" has presided over a market increase less than one-half of 8 fricking years under Obama!
Again, I can lie with numbers, but numbers don't lie!
This moron has been a disaster, even for the moneyed elite! A 4% relative tax decrease doesn't make up for a 55% loss in revenues!
Even the rich should be kicking PINO to the curb!
It is costing them $!

[theaocp]

1. The donor class knows they're playing the long game.

They'll get the damage done and collect later. It's why the bribery in our elections must end.

[AlexSFCA]

5. the donor class wants recession so they can complete transfer of wealth

by buying out America for cheap.

[yallerdawg]

2. Hedging/shorting.

We have an administration which will telegraph crashing the market (worse than that if they use 'burner' phones) and then they signal upticks just before they say, "Never meant it - just a negotiating ploy."

The outright corruption here is at Banana Republic levels (not the store chain).

[spooky3]

4. And they are likely calling friends before making

Any statements. Good old boys...

[Wellstone ruled]

6. You notice what I suspected for some time.

BTW,it is the Four Tech stocks that hold this thing together. Everything else is be shorted to hell and back. Can not compete with the flash traders. They got it both ways up or down.

[spooky3]

3. It's even worse than that.

If you consider that presidential and Congressional actions during 2017 are likely not to show up until a bit later, and that 2017 is part of the preceding trend under Obama, then Trump’s/Repubs’ effect is to make the market GROSSLY underperform its historical average, (around 8% annually). The S&P went up double digits in 2017. This year it has been about 0% and volatile.

[robbob]

7. MAGATs? That's great!

Don’t think I’ve seen that before!

[WhiteTara]

8. See that 55% loss isn't being taken by them.

They dumped before and now they're waiting to scoop up the pieces at basement bargain prices.