Dow Closes Above 12,000 for First Time

Parent Cafe
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<p>The market is moving…</p>

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<p>my stocks are also moving – south</p>

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<p>the economy is in terrible condition rite now. The market is low, unemployment is high, people are not making enough money to make ends meet, its george bushs fault</p>

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<p>The rich are getting richer. So this is news?</p>

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<p>It’s a new record. It is remarkable. </p>

<p>I would suspect many on this board are benefiting from a high market.</p>

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<p>no not me. I actually am scared for my life. But i shouldnt be saying this over the internet bc bush is monitoring me and he will send the army to kill me. Bush is satan.</p>

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<p>Dow is at all time high, Unemployment at all time lows, and its all because of the Democrat’s leadership in the House and the Senate…NOT</p>

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<p>Right right, but those are actually indicators of the coming economic hardships, which will be Bush’s fault…I was being sarcastic because more than half the people that post here sincerely see the economy as bad. You saw the 2nd post in the thread, even though the stock market is rising higher and higher, the individuals stocks are doing bad. So because her stocks are doing bad it really means the economy is doing bad.</p>

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<p>What W and Congress do may have less to do with the economy as what Ben B and the FR say they will do. Econ 101.</p>

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<p>What W and Congress do may have less to do with the economy as what Ben B and the FR say they will do. Econ 101.</p>

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<p>agreed, but cutting taxes, things like NAFTA etc have alot to do with a good economy</p>

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<p>

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<p>It’s a generalization. Can’t dismiss it entirely. Bush’s aggressive tax cut and a Republican congress have everything to do with a rebounding economy. Also credit should go to Bernanke for waiting and see attitude about raising (or lowering) interest rate.</p>

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<p>My apple stock shot up!</p>

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<p>Dow?</p>

<p>Who cares. It’s a relic. A popular one, but still a relic. For a real picture, take a look at S&P 500, or better yet Wilshire 5000.</p>

<p>Neither has peaked.</p>

<p>Been a long time under GWB…6 years, and this is what we get?</p>

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<p>golani
“So because her stocks are doing bad it really means the economy is doing bad.”</p>

<p>– hey, don’t put words in my mouth. All I said, is that I’m not benefitting from the dow record, as all my stocks are down. I wish I had reason to be happy about the stock market. But I don’t. Lucky you, if you do.</p>

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<p>They say ‘a rising tide lifts all boats’ hopefully yours rises, too.</p>

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<p>I seem to remember the same republicans not giving Clinton any credit for high stock market. Now they are rushing to sing Halla Luya…</p>

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<p>Sure, aside from NAFTA, Clinton didnt have much of an economic policies. Economists agree that the bulk of clintons good economy was the effects of reagans tax cuts finally settling in. Welfare reform aanother thing during clintons time was driven by reupblicans, and then the dems HMO crap is slowly killing private medicine in this country.</p>

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<p>Some economists disagree that the bulk of clinton’s good economy was theeffects of reagan’s tax cuts finally settling in. Welfare reform thing during clintons time was driven by democrates then the repubs HMO crap is slowly killing private medicine in this country.</p>

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<p>The market for the most part moves in cycles with ups and downs rarely lasting more than 10 years. Industry adjusts to government actions, market actions and economic actions. Giving credit to one political party isn’t necessarily 100% correct. A better indicator of wealth in America is to see where the average standard of living is going up or down? </p>

<p>If only a small few share in the gains, does America’s situation improve? Sorry I am a big advocate for the middle classes as they make all production possible and if their buying power is not increasing we have a problem.</p>