Dow notches record high, closing above 27,000 for first time!

In before Bladelier and Bladelier Media start there shit about how the Stock Market did better under Obama. They will post pictures and graphs, comparing 8 years of Obama (Quantitative easing), to 3 years of Trump.

Oh yea..8 years of QE and zero rate hikes to Trumps economy under attack by the FED with 8 rate hikes and the largest economic trade war the world has ever seen.

Facts don't mean shit to him/them.

Not to mention Trump is going against the tide with rising interest rates. His deregulations and tax cuts have helped keep the market afloat for the meantime. We were in stagnation after the end of QE and Obama left us with an impending recession.

Wow! So in the past year and a half it has had a total gain of 716 points. A gain of less than 3%.

Impressive!


Dow in January of 2018 - 26,616
Yesterday - 27,332

You do realize historically the DOW averages a 10% gain a year...don't you??

I'm holding some stocks in place on the hopes of a China trade agreement. The Dow will explode. This is a long time coming.

I'm sitting on some stocks also. I have a 5-7 year hold on them. When one of them hits, it's going to hit big.

After it cools down, will shift to my annuities due to growth using the S and P. It has caps, but doesn't reflect loses

did anyone post WHY the dow is up ?

because everybody believes that the fed will decrease interest rate !!

and WHEN DOES the fed decrease the interest rates?

for the same reason they did it in 2008/2009

good for trump that his supporters don´t understand anything about economy.

Lucky for the EU leaders also that most European are stupid and don't know anything about the economy.
Cause the interest rate is NEGATIVE at this moment. And you know what that means?
Yes, you have to pay money to keep your money on the bank. Pensions melt like snow in the sun. House prices are way up. And they keep printing money in the EU...

And the ´leaders´ are shaking. Knowing they fucked the people.
And trying to get all attention go to Trump, to hide their own stupidness.



Our drunk leaders who created NEGATIVE interest (and nobody voted for)



https://www.businessinsider.com/nega...-prices-2019-5

But i know the germans keep defending Mutti Merkel. Luckily Mr. Alzheimer helps getting rid of her.
In the USA you still get 2,75% interest on your bankaccount, in the most of Europe 0,04% and will go to 0.
They don't want negative interest, cause than people keep cash in house. And that is not good cause the criminal numbers only rising.
https://www.financialadvisory.com/wo...sit-rates.html

But but but but but but but but butbut Trump…. Trump is doing better than the EU. And he really get voted for. Nobody voted for Juncker.

We don't typically get that much interest on a normal bank account

https://www.investopedia.com/persona...ings-accounts/

2%, still much more than 0,02 in Spain or 0,05 in Holland.

Liberals now hate any and all US success, in any form.

Onehunglow praises the messiah for if only h could afford a single dow stock.. but it's ok though because someday he will get out of that 1 room apartment in the slums and be a millionaire too.

Now we might have a new German EU leader after 75 years.

Hated by her own people. Nobody wants her. Nobody (except Germans) know her. Europen democracy is that, we get leaders no one can vote for and nobody wants.

https://www.theguardian.com/world/20...-von-der-leyen

"The former leader of the Social Democrats (SPD) Martin Schulz described Von der Leyen as “the government’s weakest minister”, while his SPD colleague Sigmar Gabriel, a former vice-chancellor, called her nomination “an unprecedented act of political trickery”

"The Greens bemoaned Von der Leyen’s nomination as an “old-school backroom deal”"

"Katarina Barley, a former SPD justice minister who is now one of the new European parliament’s vice-presidents, said she would vote against her former cabinet colleague – a move endorsed by leading German newspapers such as Süddeutsche Zeitung."

"In a bizarre twist, Germany was the only of the 28 EU member states to abstain from the vote to nominate her."






https://www.theguardian.com/world/20...-von-der-leyen

believe me i know PERFECTLY what it means.

but in compare to the US the EU countries did not try to resolve the problem with more debt. the debts in most european countries went down but in US they went UP.
this is another reason why trump wans to lower interest because the interest on the existing debt (that he is increasing MORE than any other president before him and WITHOUT reason) is already eating a big part of the government income. and this income decreased for his stupid tax cut.

this is not unusual - no matter if you call it negative interest or property tax.
many so called "tax oasis" and low tax countries do have a high property tax (in example switzerland) and they are doing fine.

what you see right now in the world and especially the US is that the super-rich have learned that you can make much more money on an exploding bubble as on a normal economy.
ALL economic indicators worldwide are showing this next big crash already and trump was the one that helped a lot by deregulating markets that should be regulated.

as higher the DOW is as more money will be made when it crashs.
absolutely the same what we have seen in 2008/2009 - just MUCH bigger.

the bill will be paid again by the normal people and the mafia around trump will take the profit.

16 month dow gain: 3%
9 month dow gain: 3%
3 month dow gain: 3%



oh how desperate you are...

oh and his "9000" points gain since getting 3 million votes less than shitbag hillary, is actually %-wise one of the weakest growths in history....

I am not even having fun telling people trump is going to fail because water is wet...


oh so trump was elected in 2013?

typical republican math problems

I agree that the bill wil be paid by the normal working class. The same as in Europe.

But i disagree that the EU is doing fine. They are doing the same as Trump, but Trump Bad, EU Good.

And yes, the EU countries also put out new bonds for lower interest. That means the Dutch pension-funds are under water, pensions went down, the risk of those funds went up and the working class has to work 2, 3 maybe 4 years longer.. The government debts might not went up, the people got robed from pensions and the taxes went up while the salaries stayed the same as 10 years ago. It is easy to pick out the figures that prove your point. Some governments has indeed less debt, but they stole it from the working class.

So know the solution is to put a high property tax like Austria, fuck a lot of people again. Or is it time to see that one EU monetary system doesn't work.

I get calls from my bank every month if i don't went to lent money and buy houses as investment. All thanks to the EU printing money and creating a new credit crisis. So i wonder where the European Systems are to prevent another crisis. Except making it impossible for young people to get a mortgage while they pay a big price if they have to rent a house, what is nearly impossible cause refugees took and are taking these houses. The EU is doing nothing that works, to prevent a next crisis it is a "wax nose" as we call it. And helping one country means screwing another country in the EU cause there are 28 countries with 28 different tax systems and pension systems. Holland used to have the best they said, so t can only get worse when the EU get the hands on that money (what they are doing more and more)

Oh i checked, the debts of Holland only rose the last 5 years. The inflation was also bigger than the rise of salaries.

i did not say that.
actually nobody can do it good as long as a moron sits in the oval office.

since this guy is there the whole world economy (including the US economy) decreases dramatically and all countries are just trying to get over the time til the 2020 us elections as they just see him as a flu that will go and not for a reason to prepare for a worldwide trade war that the US can not win.


I think you misunderstand the rules of a global market.

dutch pension funds can be invested anywhere in the world. but profit is only one argument - security is another.
if there WOULD be a better and secure option they can take that.

interest rates are ALWAYS connected to the inflation rate.
a HIGH inflation rate means that there is more demand as supply - the interest must go up. a low inflation rate means that the supply is higher than the demand.
the EU inflation rate is actually under 1,2 %.

now compare that to countries like turkey.
yes you can get there 10-15% interest but their inflation rate is around 20%.
and the turks with money bring it to the secure harbour to europe where they get 0,1% interest - are they dumb ?

the world´s monetary system does not work anymore.
it works only for the super-rich.

but for some reason the country with the highest property tax (switzerland) have the most super-rich - and as long as i remember they never had a household deficit ever.

you do not see the essence of economy - the WORST for an economy is money in the bank. if money is in the bank and just becomes more because it is there - you will see a high inflation rate as ALL money always reprensents the equivalent of all products and services you can buy.

so if money becomes automatically more and the value of products and services does not rise you will get the same for just more money.

all what you wrote here is already killed by the fact that the highest prosperity worldwide is in the EU.

you checked wrong

here is the NL core inflation rate (just look at the 5 years stats)

and here you see the average wages (also click on last 5 years)

i am really open to discuss this things with you but based facts and not conspiracy theories or lack in economic skills.
if you would REALLY understand how economy is working - you would see a complete different picture.

the point is that nobody here would discuss how to make a heart-transplantation because everybody knows that he is not skilled. but to understand economy you need even more skills as it is influenced from circumstances that are far from the heart.

usually when ordinary people start to talk about economy i stand up and go because i know that i will hear only bullshit from this moment on.

First; you thought for years that a refugee cost only 230 euro a month, till i explained last month you where completely wrong about that regarding the Dutch situation. So your knowledge of economics and real numbers aren't that great, a refugee cost 8 - 10 times more than you thought all those years (and you can never sent them back). But you keep ignoring the fact you where wrong.

You know the problems with numbers, they aren't always correct. Just look at the crime numbers. Look likes they are going down, but that is all fabricated. People don't think it has any use to go to a police station. Or that the government makes the crime rates of refugees unreadable.

Our government had very nice statistics a few months ago about how much everyone was going to make more money after last elections. But they had thought companies would pay much more wages, but thy didn't. So people had less money to spent. Also because of these false predictions the government put up all sort of climate taxes (that don't work).

Sometimes it is better to read the newspapers, they had just an article how "Jan Modaal" (Jack the Plumber) only get less and gets in financial trouble.

https://www.telegraaf.nl/financieel/...odaal-zit-klem
https://www.msn.com/nl-nl/geldzaken/...cht/ar-AAD6mMp
https://www.trouw.nl/nieuws/helaas-n...acht~bc456717/

And than the government wants everybody to live "climate neutral" what many times just means people has to borrow 15 - 20.000 euro. And of course, they said the people might earn those 'investments' back in 20 years… lol... There goes your 1% extra wage, a small drip on a glowing plate. The plane tax that will be introduced also will make that 1% more wages laughable. Really, i haven't heard anyone who had more to spent.
And for sure my parent's haven't more to spent (they have pensions).


"‘Vakantie voor steeds meer Nederlanders te duur’
Voor steeds meer mensen wordt op vakantie gaan te duur. Dat concludeert het Nationaal Instituut voor Budgetvoorlichting (Nibud) in zijn jaarlijkse onderzoek naar de besteding van vakantiegelden. Van alle Nederlanders die niet op vakantie gaan, blijft 64 procent vanwege financiële redenen thuis. Dat is tien procent meer dan in 2018. "

""Holidays are becoming too expensive for more and more Dutch people"
For more and more people, going on vacation becomes too expensive. That is the conclusion of the National Institute for Budget Information (Nibud) in its annual research into the spending of holiday pay. Of all Dutch people who do not go on holiday, 64 percent stay at home for financial reasons. That is ten percent more than in 2018.

Just like last year, more than a quarter of the Dutch do not go on holiday this year. But where in 2018 54 percent of those people did not pack the bags for financial reasons, in 2019 that rose to 64 percent. They choose to stay at home because going on vacation is too expensive."

https://www.ad.nl/binnenland/vakanti...duur~a7f35eef/

You can give people a little more salary, but too bad when the government taxes everything more. And when they do that with holiday taxes you don't see it back in the numbers that people has less to spent. And more and more people get pension, they only go down.

You do know that the Dow reflects 6 month futures , that it began it's climb when Trump was elected, even before he took office, meaning they knew he would be better for business!

Why do you keep bringing up the popular vote, we're not a democracy

lmao everything you just said here was a lie.

Talk about desperate.

You obviously hate that the Dow has had absolutely phenomenal gains under Trump. According to you, Trumpy was going to tank the market - Ooops!

Oh and talk about math dude, the Dow was 18,332.74 on Nov. 8th the night Trump won the election. It's now 27,332. That's a 50% gain math wizard.

Thanks Obama! The DOW had been climbing all the way back from 2009 when Obama came into office, yet according to you Trumps the reason it kept going.

Funny how after Trump was in office for less than a year the DOW became stagnant at less than 3% growth for the last year and a half. His policies have obviously fucked the market up, not helped it.

The fact that you repeat over and over what the DOW was on election day shows how much you're grasping, what policies did he enact before he ever was seated in office to make the DOW gain? The DOW was at 191 when Trump was born, wow, what a fucking boon he's been for the market!

OMG how many times do I have to tell you!

WE ARE IN A MASSIVE TRADE WAR!
WE HAVE HAD 8 INTEREST RATE HIKES IN 2 1/2 YEARS!


And despite that the DOW is up 50% since his election! That is AMAZING!

In other words, Trump has fucked the market up with his policies and is taking credit for Obama's market that had been gaining for almost a decade.

Fine.. if that's what you need to tell yourself to sleep at night this is all Obama's doing.

It's called momentum. It's a law of physics. Learn it.

Amazing all the negativity people can generate out of thin air

You're the queen of bitterness and hate look at your thread history hypocrite.

tiny tiny pissant rate hikes that are much much smaller than many many presidents before...much much smaller

and the trade war was trumps idea...it was supposed to work

I'm sure everyone living in the same trailer park as the OP are making a killing in the stock market and can upgrade to a double wide.

who in hell told you that?

HOW can the dow reflect the future when it reacts on numbers that are from the past ???
quarter results, year results, ALL indicators are numbers from the month before, dumbhead.

you better do not write in such threads as you are dumb like fuck and it makes no sense to discuss that with you.

Brett (vendzilla) is an insurance salesman in the San Fernando Valley.

Take absolutely everything he says with a grain of salt

You want me to not post in such threads so you can continue to spread bullshit all over it uncontested? Is that what you are trying to say, because the bullshit you are trying to pass as facts right now would make an investor poor.

You always bet on the future

Sean Hannity and OneDumbHo.

Brett ~

You are an insurance salesman in the sweltering hot valley of Van Nuys California. You've been an insurance salesman for years.

You list posting on XBiz for 14 years on your LinkedIn resume. There's nothing on your resume about education on the stock market or giving advice on stocks and my educated guesses if you were competent and giving advice on stocks you wouldn't be an insurance salesman.

I almost forgot. The last 5 years the government decided everyone has to work till they are 67, and people from my age even till 68-69. So you get robed 3/4 years of pensions (30 - 50.000 euro), but at least some get 15 euro more per month…. If you would like to retire at 65, what was normal, even 62 was normal, you must save much more than that 1% the wages are 'higher'. My stephfather heard 2 years ago he had to work 1,5 year longer. So he retires next year. But the government said he got 1% more to spent… They took 30.000 and must be hapyy he gets a lousy 1% more. While he had to buy a new hybride else he couldn't do his job anymore in cities with "eco zones". Numbers, numbers, you can play with them, steal tens of thousands per person and act if the salaries are rising. Rutte lowered tax for companies (while they already profited from low interest rates) and made te tax for the working class higher. He even wanted to stop dividend tax (cause he is friends with people from Shell and Unilever).


""Mark Rutte requires companies to raise staff salaries. If they don't, he will reverse planned tax cuts for that same business

He says that as a VVD leader at a party meeting in Aalsmeer. "I don't like something," Rutte said. The middle class - "people with a normal salary" - is under increasing pressure, their buffers are running out, the prime minister said. "We have reduced the burden. But there are no increases in the collective labor agreement."

'Profit is splashing against baseboards'
Rutte believes that 'large companies' where profits 'splash against the skirting boards' should let their employees benefit from those profits. He is angry with the business world because the government has helped the companies with tax cuts, but people do not notice it enough"

https://www.rtlz.nl/algemeen/politie...rote-bedrijven

So President Rutte admits it himself… the Collective Labor Agreement for salaries (CAO in Dutch) isn't rising. And the CAO goes per sector, so it is possible people working in Metal get less (or more) than teachers etcetra. And instead of cutting taxes for Jan Modaal (Joe the plumber), he lowered tax of companies, hoping they will pay higher slaraies. Why didn't he just cut taxes for Joe the Plumber and keep company taxes the same..... all bla bla bla.

PS, i wish he abolish dividend taxes, that would have saved me a nice amount of money. And probably many more webmasters would have set up an ecommerce company in Holland. If he had done that, i would have thanked him personally ;) And Shell and Unilever would for sure give him a billion dollar job after his political career.But for Joe the Plumber it would be bad, Dividend is the only tax Shell pays n Holland (but most dividend goes by England (no tax) or they buy there own stocks (tax free) instead of paying dividend.

Ever hear the term "baked in."

More dumb shit from Tommy.

you are a fucking moron.

payouts to shareholders are usually calculated AFTER tax.

so sure that share-payout will go up when tax is going down - what kind of weed do you smoke ?

the net profit of companies rised because the pay only 1/3 of the tax they paid before.
ALL of this companies have LOWER revenues.

it is the same easy brainwash as with the tariffs that gives an effect that the GDP is up - but in fact it is NOT.

you dumbheads are just not used to read numbers and understand them.

tell me HOW you can see something that is positive in the following stats:

you car production:



your trade deficit



your construction spendings



you empire state index



your consumer prices



versus wages growth



you external dept



you government debt



the loans to private sector that financed this comedy show



you manufactoring production



you labor force participation rate



either you are blind or dumb or both if you can see any positive aspects in that.

you are the proven biggest dumbfuck here - i wonder how you can not hear the loud laughs from the normal ones when they read your shit.

i don´t know hwy people who are the dumbest on the planet always want to be the smartest.

i will let you know when i once find someone who talks more bullshit than you and one hung.

you both are intelligence terrorists - you might have bombed down your own brain cells but please do not try it with people with an IQ of over 60 - it will not work.
the only ones who believe in dumbfucks are other dumbfucks.

Hey dumbass, for example, if there is talk of a rate hike the market reacts months before it happens.

You really are a dumb shit.

Everything is baked in to the price.

God I wish i had the energy to 1) dig up that real estate thread where I schooled your dumb ass. 2) to dig that thread up where you were using the very same examples I schooled your dumb ass on but claimed were wrong.

I agree with most of your initial post, but did you read the first line of your link? Still better than .05 but far short of 2.0. Only my CD accounts make that kind of interest.

this is a HOPE and not a fact idiot


yes same as the HOPE that fed will decrease interest (what is actually a BAD sign for an economy)

dumbass i have a master degree in economy what do you have - a driving licence ????

i never understand why uneducated idiots always believe that the people who have studied and dealt with a topic have wasted time in school.

after 2 hours in an economic class you would see already HOW dumb you are.

and don´t tell again that YOU HAVE TEACHED ME SOMETHING, you dumb clown.
You can't even teach me how to nasal drill because you're probably breaking your fingers.