Getbig Bodybuilding, Figure and Fitness Forums
October 02, 2014, 10:12:32 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
 
   Home   Help Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: Worst...Socialist...President...EVER  (Read 620 times)
Benny B
Time Out
Getbig V
*
Gender: Male
Posts: 12426


Ron = 'Princess L' & many other gimmicks - FACT!


WWW
« on: March 05, 2013, 11:53:09 AM »

Dow Rises to Record, Metals Climb on Economic Stimulus
By Stephen Kirkland and Inyoung Hwang - Mar 5, 2013


Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures. Treasuries fell and the dollar weakened.

The Dow climbed 147.97 points, or 1.1 percent, to 14,275.79 and the Standard & Poor’s 500 Index added 1.1 percent as of 1:22 p.m. in New York. The Stoxx Europe 600 Index jumped to a four- year high while the Shanghai Composite Index (SHCOMP) rebounded 2.3 percent from its biggest loss since August 2011. The S&P GSCI gauge of 24 commodities halted a five-day slump as oil rebounded after dipping below $90 a barrel yesterday for the first time this year. Italian and Portuguese bonds rallied.

About $10 trillion has been restored to U.S. equities in the past four years as retailers, banks and manufacturers led the recovery from the worst bear market since the 1930s. It took the Dow less than 65 months to rise above its previous high set on Oct. 9, 2007, more than a year faster than the recovery from the Internet bubble.

Report to moderator   Logged

!
Red Hook
Getbig IV
****
Posts: 3972



WWW
« Reply #1 on: March 05, 2013, 12:37:51 PM »



HHWYI?
Report to moderator   Logged

I
The True Adonis
Getbig V
*****
Posts: 41819


"We Will Correct All This."


« Reply #2 on: March 05, 2013, 12:41:21 PM »

Dow Rises to Record, Metals Climb on Economic Stimulus
By Stephen Kirkland and Inyoung Hwang - Mar 5, 2013


Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures. Treasuries fell and the dollar weakened.

The Dow climbed 147.97 points, or 1.1 percent, to 14,275.79 and the Standard & Poor’s 500 Index added 1.1 percent as of 1:22 p.m. in New York. The Stoxx Europe 600 Index jumped to a four- year high while the Shanghai Composite Index (SHCOMP) rebounded 2.3 percent from its biggest loss since August 2011. The S&P GSCI gauge of 24 commodities halted a five-day slump as oil rebounded after dipping below $90 a barrel yesterday for the first time this year. Italian and Portuguese bonds rallied.

About $10 trillion has been restored to U.S. equities in the past four years as retailers, banks and manufacturers led the recovery from the worst bear market since the 1930s. It took the Dow less than 65 months to rise above its previous high set on Oct. 9, 2007, more than a year faster than the recovery from the Internet bubble.


I like Wall Street, but I also think they should have been held accountable for tanking the economy.  Obama was spineless on holding anyone`s feet to the fire and so far, not one person has been held accountable for anything.  Pretty piss poor if you want the honest truth.
Report to moderator   Logged

E
Coach is Back!
Competitors
Getbig V
*****
Gender: Male
Posts: 24402


He won by a "landslide" lol


WWW
« Reply #3 on: March 05, 2013, 12:42:19 PM »

Dow Rises to Record, Metals Climb on Economic Stimulus
By Stephen Kirkland and Inyoung Hwang - Mar 5, 2013


Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures. Treasuries fell and the dollar weakened.

The Dow climbed 147.97 points, or 1.1 percent, to 14,275.79 and the Standard & Poor’s 500 Index added 1.1 percent as of 1:22 p.m. in New York. The Stoxx Europe 600 Index jumped to a four- year high while the Shanghai Composite Index (SHCOMP) rebounded 2.3 percent from its biggest loss since August 2011. The S&P GSCI gauge of 24 commodities halted a five-day slump as oil rebounded after dipping below $90 a barrel yesterday for the first time this year. Italian and Portuguese bonds rallied.

About $10 trillion has been restored to U.S. equities in the past four years as retailers, banks and manufacturers led the recovery from the worst bear market since the 1930s. It took the Dow less than 65 months to rise above its previous high set on Oct. 9, 2007, more than a year faster than the recovery from the Internet bubble.



No way in hell do I believe you have anything to with working in finance, unless you count counting out your register after your shift at McDonalds. hahaha.
Report to moderator   Logged
whork
Getbig V
*****
Posts: 5505


Getbig!


« Reply #4 on: March 05, 2013, 03:10:26 PM »

I like Wall Street, but I also think they should have been held accountable for tanking the economy.  Obama was spineless on holding anyone`s feet to the fire and so far, not one person has been held accountable for anything.  Pretty piss poor if you want the honest truth.

+1
Report to moderator   Logged
GigantorX
Getbig V
*****
Posts: 5462


GetBig's A-Team is the Light of Truth!


« Reply #5 on: March 05, 2013, 03:19:54 PM »

Great news if you are part of the top 5-10% of the population.

The rest of America has to deal with declining wages, rising cost of living, inflation, contracting GDP, stagnant job market, reliance on credit/debt to make ends meet and all sorts of other fun stuff.

Benny B., carrying the water for the rich elite. Who would have' thunk it!?

Hey, your hero has done a great job at sucking even more money from the middle class and routing it straight to the top!
Report to moderator   Logged
dario73
Getbig V
*****
Posts: 6280


Getbig!


« Reply #6 on: March 06, 2013, 11:41:32 AM »

Benny B., carrying the water for the rich elite. Who would have' thunk it!?

Hey, your hero has done a great job at sucking even more money from the middle class and routing it straight to the top!

HEHEHEHE!!!

This simple truth is lost on all those morons.

So now it is ok to see the "evil" conglomorates, the 1%, and "the haves" amass more wealth and separate themselves even further from the "have nots".

Does anyone understand these obamatards?
Report to moderator   Logged
Benny B
Time Out
Getbig V
*
Gender: Male
Posts: 12426


Ron = 'Princess L' & many other gimmicks - FACT!


WWW
« Reply #7 on: March 14, 2013, 02:07:38 PM »

..S&P 500 nears record high; Dow heads for 10th gain
By MATTHEW CRAFT | Associated Press –



.....NEW YORK (AP) — Encouraging news from the job market sent the stock market toward two milestones Wednesday: A record high close for the Standard & Poor's 500 index and the longest winning streak for the Dow Jones industrial average in more than 16 years.

The S&P 500 index gained six points to 1,560, a rise of 0.4 percent. It's just five points away from the peak it reached in October 2007.

The Dow rose 60 points, or 0.4 percent, to 14,516, putting the index on course for 10 straight days of gains. The last time that happened was November 1996. Hewlett-Packard led the Dow higher, rising more than 1 percent.

The number of Americans seeking unemployment benefits fell to a five-year low last week, the Labor Department reported, implying that the job market is strengthening. The four-week average, a more stable measure, fell to the lowest since March 2008, four months after the economy slid into the Great Recession.The government also delivered positive economic news on Wednesday, reporting that U.S. retail spending increased in February at the fastest pace in five months. That came despite higher payroll taxes kicking in at the beginning of the year.

"We've been getting some really good economic statistics: jobless claims today and retail sales yesterday," said Doug Cote, chief market strategist for ING U.S. Investment Management. "And that's positive for asset prices."


The gains were broad in early trading, though slight. Of the 10 industries in the S&P 500, health care companies were the only group to fall. The Nasdaq composite rose eight points, or 0.3 percent, to 3,253.

MGM Resorts International's stock gained 7 percent after its biggest shareholder, Kirk Kerkorian, requested permission to raise his stake in MGM to a quarter of its shares. MGM owns the Bellagio, Mandalay Bay and other casinos on the Las Vegas Strip.

Analysts say the stock market's surge this year will likely convince more people to move their cash into stocks. The Dow is up 10 percent so far this year, the S&P 9 percent.

"When the markets are running you just want to be part of it," Cote said. "Sitting on the sidelines is the wrong move."

So far, retail investors appear unsure. They put money in U.S. stock funds to start the year, but have withdrawn it for the last two weeks, according to a report out Wednesday from the Investment Company Institute.

The rally may have pushed the Dow to new record highs, but skeptics caution that markets regularly take sudden turns. Exactly one year ago, for instance, the Dow had already raced up 8 percent. But by June, all those gains were gone.

In the Treasury market, the yield on the 10-year note was 2.02 percent, unchanged from late Wednesday.

Among other stocks making big moves:

— Coldwater Creek jumped 10 percent after the retailer of women's clothing posted a loss late Wednesday that was smaller than analysts had expected. Its stock rose 32 cents to $3.53.

— Men's Wearhouse soared 20 percent after the clothing company said Wednesday that its quarterly loss shrank, helped by better sales. Men's Wearhouse gained $5.86 to $34.89.

...
Report to moderator   Logged

!
George Whorewell
Getbig V
*****
Gender: Male
Posts: 6997


RED


« Reply #8 on: March 14, 2013, 06:07:14 PM »

What goes up, must come down. The whole economic cycle is cyclical. The market always ends up adjusting itself-- even with government meddling.

The idiots touting this imaginary economic boom are going to look just as stupid as they did in 2008. Only this time the outcome will be 10x worse.
Report to moderator   Logged
24KT
Getbig V
*****
Gender: Female
Posts: 24448


Gold Savings Account Rep +1 (310) 409-2244


WWW
« Reply #9 on: March 14, 2013, 07:25:30 PM »

What goes up, must come down. The whole economic cycle is cyclical. The market always ends up adjusting itself-- even with government meddling.

The idiots touting this imaginary economic boom are going to look just as stupid as they did in 2008. Only this time the outcome will be 10x worse.

I agree. I think it will be beyond devastating.  Cry
Report to moderator   Logged

w
Benny B
Time Out
Getbig V
*
Gender: Male
Posts: 12426


Ron = 'Princess L' & many other gimmicks - FACT!


WWW
« Reply #10 on: March 28, 2013, 04:44:40 PM »

 Shocked
S&P 500 ends at record closing high
By Rodrigo Campos

NEW YORK (Reuters) - The S&P 500 set a record closing high on Thursday, finishing a fifth consecutive month of gains to extend a four-year rally.

The S&P had hovered near its record for more than two weeks, and market action next week will help determine if this is just another stepping stone for the rally, or if a long-expected pullback is in the offing.

The benchmark S&P 500 closed its strongest quarter in a year - up 10 percent. The Dow climbed 11.3 percent and the Nasdaq gained 8.2 percent for the first three months of the year.

The new closing high "is a very appropriate punctuation for a great quarter that saw a lot of last year's anxieties recede," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland.

"However, this could be the start to a more realistic look at the problems that still haven't gone away. Some degree of caution is probably still merited, with the problems in Cyprus probably only the beginning to what we could see in coming months."

The rally hit a wall in the last two weeks as the latest chapter in the euro-zone crisis developed, with Cyprus nearing a default and a possible exit from the euro bloc.

The S&P 500 had been in a fairly tight range, having traded within 10 points of the October 9, 2007, record closing high of 1,565.15 over the previous 13 sessions.

On Thursday, the S&P 500 (.SPX) gained 6.34 points, or 0.41 percent, to end at a new record of 1,569.19.

The Dow industrials, which surpassed its 2007 record on March 5 and has set a series of record highs since then, ended Thursday's session at yet another nominal closing high - at 14,578.54. For the day, the Dow rose 52.38 points, or 0.36 percent.

The Nasdaq Composite (.IXIC) added 11 points, or 0.34 percent, to close at 3,267.52.


The gains in the three first months of the year have a very bullish history. An analysis by Ryan Detrick, senior technical strategist at Schaeffer's Investment Research in Cincinnati, showed the S&P 500 has risen in the three first months of the year nine times in the past 30 years, and in each case, it has posted gains for the year.

The average yearly gain after such a start, the data showed, was 17.56 percent. An advance like that would leave the S&P 500 at about 1,676 at the end of this year.
Report to moderator   Logged

!
Coach is Back!
Competitors
Getbig V
*****
Gender: Male
Posts: 24402


He won by a "landslide" lol


WWW
« Reply #11 on: March 28, 2013, 10:20:58 PM »

Why do I get this feeling "Benny" has no clue on what this means? lol.
Report to moderator   Logged
LATS
Getbig IV
****
Posts: 1160


« Reply #12 on: March 28, 2013, 11:43:34 PM »

Anyone who believes that Obama has anything to do with the current upsurge in the Dow please enlighten me on what he did.. Btw the way growth is less than 1 percent.. Should be 3..Not a good economy for the average folks..
Report to moderator   Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Theme created by Egad Community. Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!