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Will Wall Street Dow hit 20,000 on Friday to Set Trumps Propaganda Hype (Original Post) mitty14u2 Jan 2017 OP
Nice day to cash out Warpy Jan 2017 #1
Under your mattress? radical noodle Jan 2017 #2
I'm negatively leveraged Alice11111 Jan 2017 #3
I'll probably to what my grandmother did during the last Republican fuckup Warpy Jan 2017 #9
Post removed Post removed Jan 2017 #7
Meanwhile, they want to eliminate all us nasty old liberals Warpy Jan 2017 #8
No.... Historic NY Jan 2017 #4
Spinning the wheel".... pbmus Jan 2017 #5
worth watching! mitty14u2 Jan 2017 #12
No Yo_Mama_Been_Loggin Jan 2017 #6
If so, that will set his benchmark to a memorable number Midnight Writer Jan 2017 #10
Except Obama really pushed it up, after the Great Recession, Alice11111 Jan 2017 #11
The DJIA has been retracting Ilsa Jan 2017 #13

Alice11111

(5,730 posts)
3. I'm negatively leveraged
Thu Jan 19, 2017, 02:20 AM
Jan 2017

However, I don't always read others response to DT right.
I was scared, but I did not really think he could be elected...47% Romney rule, and the % of minorities grew, plus DT insulted and abused them. Who knew they wouldn't turn out at the last minute, and neither would whites in Wisconsin. Thanks Benedict Comey. (I guess MMoore knew.)
It concerns me that DT has Jamie Dimon (Hillary supporter) as an advisor. Very widely respected on Wall Street. Carl Ichan told him to do that. Today, Dimon tried to pump the markets for DT though, and it didn't work. It could be good though. Maybe people like Dimon can mitigate the odds of a serious depression, but it is more likely that he mitigates the odds of a Wall Street rebellion against DT.

Warpy

(111,265 posts)
9. I'll probably to what my grandmother did during the last Republican fuckup
Thu Jan 19, 2017, 03:18 AM
Jan 2017

in the 1930s, kiss much of the portfolio goodbye as businesses simply go under without a trace and wait for the rest, eating oatmeal three times a day to survive the worst of it until the grownups take over. I'm in slightly better shape than she was, with a broadly diversified portfolio (thanks, Dad) and a cash cushion because I've never used more than half the income in any year.

It will just be really interesting to see the shape the next one takes, and of course no one knows what the right thing to do is until the whole mess is over and done with and people count up what's left.

My grandmother was quite comfortable again by the end of the 30s. While far from wealthy, she no longer had to live on oatmeal.

Response to Warpy (Reply #1)

Warpy

(111,265 posts)
8. Meanwhile, they want to eliminate all us nasty old liberals
Thu Jan 19, 2017, 03:12 AM
Jan 2017

who have stood in the way of their getting rich by insisting on a fair shake for everybody, not just a few white males. Never mind liberals went out of power in 1969 and this is their mess, this is how people who think we can achieve some sort of paradise by offing other people always think.

It is nice to think of a world with enough regulation to control the thieves, in which the novels of Ayn Rand are seen as horrible works of fiction glossing over the most utterly destructive human impulses and Goldman Sachs has suddenly realized that distributing wealth among all who work instead of hoarding it for the few who don't is a better business plan, it's something we will have to wait for.

Shakespeare was wrong, by the way, but he didn't anticipate the current plague of badly educated MBAs out there fouling up everything they touch.

pbmus

(12,422 posts)
5. Spinning the wheel"....
Thu Jan 19, 2017, 02:25 AM
Jan 2017


The money you put in should be money you can live without ,,,,especially after February 2017...

Ilsa

(61,695 posts)
13. The DJIA has been retracting
Thu Jan 19, 2017, 11:40 PM
Jan 2017

and now is around 19,700. I think it'll start slipping once people stop spending money due to economic fears.

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