View Full Version : Dow's Decline Is Fastest for a New President in Nearly a Century
red states rule
03-09-2009, 06:32 AM
Nobody can make money in our economy anymore, with Obama promising to raise taxes on capital gains, income and energy.
Study: Dow's Decline Is Fastest for a New President in Nearly a Century
The Dow Jones Industrial Average has fallen 20 percent since President Obama took the oath of office.
The Dow Jones Industrial Average has fallen faster under President Obama than under any new president in at least 90 years, according to a review conducted by Bloomberg.
Bloomberg reports that since Inauguration Day, the Dow has fallen 20 percent, leading at least one investor to dub this the "Obama bear market." The Dow has also dropped 31 percent since Election Day.
Despite a string of government bailout offers and Obama's advice earlier this week that Americans should be buying stock while shares are low, the Dow has continued to freefall.
Bloomberg reported that Obama is at risk of breaking a historical trend -- in which the Dow soars an average of close to 10 percent in the first year after a Democrat wins the presidency.
http://www.foxnews.com/politics/first100days/2009/03/06/study-dow-decline-marks-fastest-new-president-nearly-century/
and
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGJ_.gr_awkY
April15
03-09-2009, 07:18 PM
It is hard to stop a snowball headed for hell!
Kathianne
03-09-2009, 07:25 PM
It is hard to stop a snowball headed for hell!
Especially if the devil is making it.
Especially if the devil is making it.
:laugh2:
Joe Steel
03-10-2009, 06:32 AM
Nobody can make money in our economy anymore, with Obama promising to raise taxes on capital gains, income and energy.
Study: Dow's Decline Is Fastest for a New President in Nearly a Century
The Dow Jones Industrial Average has fallen 20 percent since President Obama took the oath of office.
The Dow Jones Industrial Average has fallen faster under President Obama than under any new president in at least 90 years, according to a review conducted by Bloomberg.
Bloomberg reports that since Inauguration Day, the Dow has fallen 20 percent, leading at least one investor to dub this the "Obama bear market." The Dow has also dropped 31 percent since Election Day.
Despite a string of government bailout offers and Obama's advice earlier this week that Americans should be buying stock while shares are low, the Dow has continued to freefall.
Bloomberg reported that Obama is at risk of breaking a historical trend -- in which the Dow soars an average of close to 10 percent in the first year after a Democrat wins the presidency.
http://www.foxnews.com/politics/first100days/2009/03/06/study-dow-decline-marks-fastest-new-president-nearly-century/
and
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGJ_.gr_awkY
That's what Obama gets for following the Worst President of All.
PostmodernProphet
03-10-2009, 06:54 AM
he's trying to "one up" the worst.....
red states rule
03-10-2009, 07:12 AM
About 50% of workers have 401k retirement plans. These people are very concerned that their retirement is shrinking daily.
Yet the face of the Dem party dismisses the Dow as a daily tracking poll. Which party is out of touch again?
moderate democrat
03-10-2009, 07:14 AM
About 50% of workers have 401k retirement plans. These people are very concerned that their retirement is shrinking daily.
Yet the face of the Dem party dismisses the Dow as a daily tracking poll. Which party is out of touch again?
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
red states rule
03-10-2009, 07:21 AM
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
Right now stocks are very cheap, and the Dow will have a rally soon enough. But the fact is, since Obama won the election the Dow is about 3,500 points lower
moderate democrat
03-10-2009, 07:22 AM
Right now stocks are very cheap, and the Dow will have a rally soon enough. But the fact is, since Obama won the election the Dow is about 3,500 points lower
you didn't answer my question:
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
red states rule
03-10-2009, 07:26 AM
you didn't answer my question:
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
moderate democrat
03-10-2009, 07:27 AM
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
quit running away and just answer my question... are you afraid?:lol:
red states rule
03-10-2009, 07:30 AM
quit running away and just answer my question... are you afraid?:lol:
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
moderate democrat
03-10-2009, 07:53 AM
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
you don't get to avoid answering a question and then turn around and ask one yourself. answer mine.
I'll wait.
coward.
red states rule
03-10-2009, 07:55 AM
you don't get to avoid answering a question and then turn around and ask one yourself. answer mine.
I'll wait.
coward.
Calm down and watch your BP. The Dow will gain some of its losses back - stocks are cheap and some are a great buy
That has nothing to do with Obama's tax and spend policies. There is alot of fear in his economic plans
Not everyone is like you and want to see America turned into welfare nanny state
Now answer my question
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
moderate democrat
03-10-2009, 07:57 AM
Calm down and watch your BP. The Dow will gain some of its losses back - stocks are cheap and some are a great buy
That has nothing to do with Obama's tax and spend policies. There is alot of fear in his economic plans
Not everyone is like you and want to see America turned into welfare nanny state
Now answer my question
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
you didn't answer my question.
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
still waiting ::yawn::
red states rule
03-10-2009, 07:59 AM
you didn't answer my question.
you seem to suggest that the dropping dow as the sole irrefutable measure of the failure of the Obama presidency. Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
still waiting ::yawn::
cause youre still the same
Youre still the same
Moving game to game
Some thlngs never change
Youre still the same
moderate democrat
03-10-2009, 08:02 AM
cause youre still the same
Youre still the same
Moving game to game
Some thlngs never change
Youre still the same
if you are too frightened to answer the question, why not just say so?:lol:
red states rule
03-10-2009, 08:02 AM
if you are too frightened to answer the question, why not just say so?:lol:
I did
You are still playing your old games
Nothing has changed
moderate democrat
03-10-2009, 08:11 AM
I did
You are still playing your old games
Nothing has changed
no. you didn't... it's a simple yes or no question:
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
answer it.
red states rule
03-10-2009, 08:12 AM
no. you didn't... it's a simple yes or no question:
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
answer it.
He was wiped out trillions of wealth with his economic promises that has caused fear in investors and businesses
Of course, your guy dismissed the Dow as a "political daily tracking poll"
moderate democrat
03-10-2009, 08:21 AM
He was wiped out trillions of wealth with his economic promises that has caused fear in investors and businesses
Of course, your guy dismissed the Dow as a "political daily tracking poll"
quit dancing and just answer the question...
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
red states rule
03-10-2009, 08:29 AM
quit dancing and just answer the question...
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
You are a hopeless Dem hack
It's obvious that liberals are freaking out because their Messiah was supposed to set foot in the White House, wave his hand and heal the nation with the magic of unchecked leftist agenda.
The reality is things are getting worse and we're not being told half the bad news.
The USA is on track to lose 8 Million jobs this year. 600,000 jobs per month are gone. Obama claims he can fix that. He can't. So the next best thing is to control the media so he can deflect the blame to people like Rush
moderate democrat
03-10-2009, 08:34 AM
You are a hopeless Dem hack
It's obvious that liberals are freaking out because their Messiah was supposed to set foot in the White House, wave his hand and heal the nation with the magic of unchecked leftist agenda.
The reality is things are getting worse and we're not being told half the bad news.
The USA is on track to lose 8 Million jobs this year. 600,000 jobs per month are gone. Obama claims he can fix that. He can't. So the next best thing is to control the media so he can deflect the blame to people like Rush
it really is a very simple yes or no question. why are you so afraid of simply answering it?:lol:
if you can't respond to my questions, you really have no right to expect me to respond to yours. it is that simple. now...be a good boy and try again:
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
red states rule
03-10-2009, 08:35 AM
it really is a very simple yes or no question. why are you so afraid of simply answering it?:lol:
if you can't respond to my questions, you really have no right to expect me to respond to yours. it is that simple. now...be a good boy and try again:
Do you similarly consider a rising dow to be the sole irrefutable measure of a presidency's success?
yes or no?
Originally Posted by red states rule
Calm down and watch your BP. The Dow will gain some of its losses back - stocks are cheap and some are a great buy
That has nothing to do with Obama's tax and spend policies. There is alot of fear in his economic plans
Not everyone is like you and want to see America turned into welfare nanny state
Now answer my question
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
moderate democrat
03-10-2009, 08:36 AM
Originally Posted by red states rule
Calm down and watch your BP. The Dow will gain some of its losses back - stocks are cheap and some are a great buy
That has nothing to do with Obama's tax and spend policies. There is alot of fear in his economic plans
Not everyone is like you and want to see America turned into welfare nanny state
is that a YES or a NO?:lol:
red states rule
03-10-2009, 08:39 AM
is that a YES or a NO?:lol:
If you are too dense to understand that is your problem
Now answer my question
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks?
I'll wait
Or are you still playing your little games as you always have?
moderate democrat
03-10-2009, 12:02 PM
If you are too dense to understand that is your problem
as I said, I will answer your question when you answer mine.
when I ask you what time it is, instead of answering me, you tell me how to build a freakin' clock. I asked you a very simple yes or no question...the only two possible answers are YES or NO. Pick one.
I'LL wait.
Joe Steel
03-10-2009, 12:13 PM
How will higher taxes, massive $1 trillion plus deficits, rising unemployment, and increased government spending help the economy and the Dow stocks? I'll wait
Higher taxes and deficits will fund government spending which will fuel economic activity.
Conservatives created the unemployment. You'll have to explain that.
avatar4321
03-10-2009, 12:22 PM
Higher taxes and deficits will fund government spending which will fuel economic activity.
Conservatives created the unemployment. You'll have to explain that.
How does taking money away from people and then giving it to people who produce nothing fuel economic activity?
You want economic activity? Give people their money and create incentives to do economic activity. dont give people money to do nothing because thats contrary to economic activity.
moderate democrat
03-10-2009, 12:30 PM
How does taking money away from people and then giving it to people who produce nothing fuel economic activity?
It allows them to buy things from people which creates economic activity.
duh.
don't like the way the democrats are doing it? here's an idea:
field a slate of candidates that can win seats in congress....get the majority, and then you can do it YOUR way!:poke:
Joe Steel
03-10-2009, 12:30 PM
How does taking money away from people and then giving it to people who produce nothing fuel economic activity?
It's called marginal propensity to consume.
The poor spend more of each marginal dollar than do the affluent. That is, taking a dollar of income from the affluent and giving it to the poor to spend is likely to result in $1.00 in spending rather than $0.20 of spending. Consumer spending drives the American economy so funding consumer spending at the highest possible level is important, especially in a recession.
Jagger
03-10-2009, 02:17 PM
About 50% of workers have 401k retirement plans. People who have 401k retirement plans are socialists.
Jagger
03-10-2009, 02:22 PM
How will higher taxes help the economy and the Dow stocks? Ronald Reagan was a socialist who raised taxes seven times more often than he lowered them. His seven tax increases, starting in 1982, led us out of a recession and into 84 months of continuous economic expansion.
Jagger
03-10-2009, 02:29 PM
How will massive $1 trillion plus deficits help the economy and the Dow stocks? Ronald Reagan, a great socialist President, proved that deficits don't matter, because they stimulate spending and lead to economic prosperity.
Trigg
03-10-2009, 02:47 PM
People who have 401k retirement plans are socialists.
:lol:
I'd like to suggest we start screening our members.
April15
03-10-2009, 04:28 PM
Today the dow tracked up almost 400. Lets see if tomorrow the profit takers get busy.
Mr. P
03-10-2009, 04:56 PM
Today the dow tracked up almost 400. Lets see if tomorrow the profit takers get busy.
I'd say Fri. or maybe Monday. I may be wrong.
Kathianne
03-10-2009, 04:59 PM
I'd say Fri. or maybe Monday. I may be wrong.
Let's hope you are! :beer:
Mr. P
03-10-2009, 05:07 PM
:lol:
I'd like to suggest we start screening our members.
X2! And IQ test may be in order. Or just a basic understanding of how stuff works. Then the lie detector test.
I find ignoring the MORONS, most of the time, works for me though.
Yeah, that's the ticket!
X2! And IQ test may be in order. Or just a basic understanding of how stuff works. Then the lie detector test.
I find ignoring the MORONS, most of the time, works for me though.
Yeah, that's the ticket!
^ isn't our board paragon just amazing ^
we should all strive to be like him
April15
03-10-2009, 05:54 PM
if the profit takers don't start tomorrow then the dow could be on a bull run?!
if the profit takers don't start tomorrow then the dow could be on a bull run?!
that is not what makes a bull market
Kathianne
03-10-2009, 06:24 PM
if the profit takers don't start tomorrow then the dow could be on a bull run?!
Pray, but two days, nor weeks will rebuild confidence. Now however, if the banking news continues to be better, if Obama and his folks don't talk down business and investors? Who knows!
April15
03-10-2009, 06:36 PM
that is not what makes a bull marketBull run is not bull market. It denotes the run of bull tendencies.
Mr. P
03-10-2009, 06:56 PM
if the profit takers don't start tomorrow then the dow could be on a bull run?!
No more than a few days increase at most, there isn't any confidence now to sustain. IMO
Bull run is not bull market. It denotes the run of bull tendencies.
so you believe that if the market takes an upswing tomorrow because some are buying to make a profit, given the low prices, that is a bull run.....
you know that it is not true. that is only a daily run, not a bull run or a bull market. april15, you know that a run is not just one day.....at least i hope you do.
red states rule
03-11-2009, 07:13 AM
so you believe that if the market takes an upswing tomorrow because some are buying to make a profit, given the low prices, that is a bull run.....
you know that it is not true. that is only a daily run, not a bull run or a bull market. april15, you know that a run is not just one day.....at least i hope you do.
Even though I love cats, yesterdays increase in the Dow is what is called "a dead cat bounce"
April15
03-17-2009, 05:21 PM
Even though I love cats, yesterdays increase in the Dow is what is called "a dead cat bounce"Is it still!
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