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

Johnny2X2X

(19,066 posts)
Tue Dec 7, 2021, 11:26 AM Dec 2021

DOW up 1500 points since Friday afternoon.

I know, the DOW isn't the economy, I agree with that. But when the DOW dropped last week, we had several threads about it. Now we're once again approaching record highs.

A reminder, Joe Biden is setting records for job growth and economic growth for the 1st year of a Presidency. All while wage growth is also hitting records. And investors are seeing the rewards with record stock prices.

Also a reminder, Donald Trump had the worst jobs record since Herbert Hoover and he left the economy with the worst year for growth since 1947.

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
DOW up 1500 points since Friday afternoon. (Original Post) Johnny2X2X Dec 2021 OP
The markets always go up PJMcK Dec 2021 #1
Yes Johnny2X2X Dec 2021 #3
I'm pretty happy about it. My retirement money is in S&P index funds Walleye Dec 2021 #2

PJMcK

(22,037 posts)
1. The markets always go up
Tue Dec 7, 2021, 11:33 AM
Dec 2021

Sometimes you just have to wait.

Whatever was "lost" last week has fully "returned" this week.

Patience.

Johnny2X2X

(19,066 posts)
3. Yes
Tue Dec 7, 2021, 11:46 AM
Dec 2021

The economy keeps growing and stock prices rise.

I just wanted to counter the many many threads we seem to get here when the DOW has a bad day or 2. And the media only covers the bad days it seems too.

Walleye

(31,028 posts)
2. I'm pretty happy about it. My retirement money is in S&P index funds
Tue Dec 7, 2021, 11:33 AM
Dec 2021

I hope it stays up because I have to have some expensive dental work done. May need to sell something

Latest Discussions»General Discussion»DOW up 1500 points since ...