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2016-12-09 Economy
Trump's Stock Market Rally Is Historic – Has Never Occurred in 110 Years!
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Posted by Besoeker 2016-12-09 01:43|| || Front Page|| [5 views ]  Top

#1 People has been saving and harboring their money for 8 years in face of a confiscatory government. The question is from where is the money flowing from to this market. Before the 'Crash', economists where bemoaning the low rate of savings of Americans. After the 'Crash', economists were bemoaning the squirreling away of assets by Americans.
Posted by Procopius2k 2016-12-09 07:22||   2016-12-09 07:22|| Front Page Top

#2 "Economics" was "climate science" 150 years earlier. And they have used that 150 years to get everything even more wrong than the climate religionists.
Posted by M. Murcek 2016-12-09 09:35||   2016-12-09 09:35|| Front Page Top

#3 Decide what results you want -> Do "science." That's how you get economics, political science, social science and so on. It always works so well...
Posted by M. Murcek 2016-12-09 09:38||   2016-12-09 09:38|| Front Page Top

#4 Economics minus government intrusion is close to a science. The problem is politicians just 'know better' and can't help themselves.
Posted by rjschwarz 2016-12-09 10:19||   2016-12-09 10:19|| Front Page Top

#5 That said today most of my stocks took painful hits and the dog stocks shot up.
Even JPM went down this morning.
84.61 -0.51 -0.60% 2.26% 8,325,049 17.4M
and GS too:
240.08 -1.37 -0.57% 1.08% 3,372,082 5.1M
Posted by 3dc 2016-12-09 13:18||   2016-12-09 13:18|| Front Page Top

#6 Tidewart up 8.32%
TDW $3.72[ ] $3.73 $3.7261 0.2861 8.32% $3.44 $3.48 2,165,863
PACD up %19.65.

Case rested.
Posted by 3dc 2016-12-09 13:20||   2016-12-09 13:20|| Front Page Top

#7 "Buy in the rumour, sell on the news," said somebody many years ago. At least some of this is speculation.
Posted by trailing wife 2016-12-09 13:43||   2016-12-09 13:43|| Front Page Top

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