Dow Crash Coming To Your 401k

[Thin Lizzy]

I don’t know if it’s just me but I’m on an iPhone and these link don’t post correctly anymore.

[Soul Crusher]

BUMP - when is this crash happening

[Montague]

BUMP - when is this crash happening

Some day...




Soon...

[Primemuscle]

The stock market is a probability game. It’s never a sure thing. That’s why you don’t want to ever listen to anybody who claims that they KNOW what’s going to happen.

Good point.

[Primemuscle]

I hope it is never comming. But history suggests otherwise, unfortunately.

[TacoBell]

I hope it is never comming. But history suggests otherwise, unfortunately.

But if we are at an all time high now, and we've had crashes before.... Wouldn't history suggest that a crash is followed by a recovery and a surge?
As per usual your emotions blind you from logic. 

[Irongrip400]

It’s been rolling for a long time, and since I’m nowhere near retirement I’m not too worried if it does tank. I had some money back in 2000 I put in the market after my granddad died. It was $43k and within a year went up to $58k. Then the dot com bubble burst and it dropped all the way to $18k. It eventually came back up and I used it to buy my first place.

[AbrahamG]

Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama.  Thanks also to President Trump for not fucking it up. Yet.

[Coach is Back!]

Neurotoxin hasn't posted since June 2019.

He’s like the Paul Krugman of Getbig

[Humble Narcissist]

Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama.  Thanks also to President Trump for not fucking it up. Yet.

It will get as bad or worse, it always does.  The people at the top always get their cash out before it collapses.  I wouldn't trust too much of my money with anyone else.

[JustPlaneJane]

Liberal logic:

When the Dow crashes in the year 2028 it will be President Trump’s fault.

If the DJIA sets records from now until the next downturn cycle, it will all be because of useless Barry Obozo.

TDS is alive and well.

[Moontrane]

Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama.  Thanks also to President Trump for not fucking it up. Yet.

First term?  The Dow peaked in Oct 2007.  It didn’t reach and sustain that level until March 2013.   
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth.  We didn’t see
even 3% annual growth during any of Obama’s 8 years. 

[chaos]

First term?  The Dow peaked in Oct 2007.  It didn’t reach and sustain that level until March 2013.   
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth.  We didn’t see
even 3% annual growth during any of Obama’s 8 years. 

You're going to hurt his feelings with this.

[Montague]

Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama.  Thanks also to President Trump for not fucking it up. Yet.

 

[Thin Lizzy]

First term?  The Dow peaked in Oct 2007.  It didn’t reach and sustain that level until March 2013.   
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth.  We didn’t see
even 3% annual growth during any of Obama’s 8 years. 

With Trump, businesses know that they’re dealing with an administration trying to be accommodating. During the Obama years business leaders could count on getting a lecture about the evils of profits.

[Moontrane]

With Trump, businesses know that they’re dealing with an administration trying to be accommodating. During the Obama years business leaders could count on getting a lecture about the evils of profits.

Absolutely.  But even with all these great economic numbers, my biggest concern is that we still haven’t hit 4% annual GDP growth. 

[AbrahamG]

First term?  The Dow peaked in Oct 2007.  It didn’t reach and sustain that level until March 2013.   
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth.  We didn’t see
even 3% annual growth during any of Obama’s 8 years. 

After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.

[Coach is Back!]

After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.

He’s the worse economic (and in general) president since Carter.

[chaos]

After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.

I see the troll is strong in this one this weekend.

[Thin Lizzy]

Absolutely.  But even with all these great economic numbers, my biggest concern is that we still haven’t hit 4% annual GDP growth. 

It’s still a heavenly intervened economy especially in areas like healthcare and education. With government at its current size, the economy can never reach its full potential.

[AbrahamG]

I see the troll is strong in this one this weekend.

Elevate your feet. It will help the swelling in your cankles.

[loco]

After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.

How exactly did Obama manage "saving/restoring the economy"?  

And if Obama's economy was so great, then why did the Federal Reserve cut the fed funds rate to effectively zero, and kept it there for Obama's two terms in office, as it tried to help revive the economy?  Since Trump was elected, the Federal Reserve has raised rates 8 times.

Obama was fortunate that his term started with a rock bottom bear market, and had no other place to go but upward.  Historically, bear markets have lasted 1.3 years on average.

Bull markets have lasted 6.6 years on average.  Trump's term started with a bull market already very high and overdue for correction.  Not only has Trump managed to keep it from ending, but this has been the longest running bull market in history and it has gone to all time highs on his watch.

At this point, it's embarrassing for Obama supporters to even attempt to compare his economy to Trump's.

[AbrahamG]

8 billion people in the world.

40 million trumptards

Congrats.  You are elite.

[Dos Equis]

8 billion people in the world.

40 million trumptards

Congrats.  You are elite.

Why don't you try answering his question?

How exactly did Obama manage "saving/restoring the economy"?  

[AbrahamG]

Why don't you try answering his question?

What difference would it make?  Start with the stimulus (which was way too small and had way too many tax cuts).