Obama Stock Market Part Deux

[Ivytalk]

How low can it go?

Discuss.

[Skjellyfetti]

Stock market closed at 7,949 on January 20, 2009.

11,591 Friday.

Make money, money, monayyyyy

[CitadelGrad]

Thank God for QEI and QEII, right? Now we're all coming back to reality. P/E ratios of 24 just aren't sustainable.

[DSUrocks07]

Thank God for QEI and QEII, right? Now we're all coming back to reality. P/E ratios of 24 just aren't sustainable.

This.

At some point, companies are going to have to justify having P/E's of that magnitude...through ACTUAL growth and expansion...and when they can't?

[blueballs]

The flip side is that the bond market is performing really well at present- despite the debt and inflation in the economy. Rates are incredibly low right now which is good if you are borrowing long term but bad if you are retired and looking for safe harbor investments.

[bulldog10jw]

The flip side is that the bond market is performing really well at present- despite the debt and inflation in the economy. Rates are incredibly low right now which is good if you are borrowing long term but bad if you are retired and looking for safe harbor investments.

Bonds are fine, if you can find a decent rate (problematic).

But stay away from bond funds. With interest rates so low, the only direction rates can go is up, which is bad for bond mutual funds. At least if you purchase individual bonds, you will get your money back if you hold them to maturity.

[Ivytalk]

Stock market closed at 7,949 on January 20, 2009.

11,591 Friday.

Make money, money, monayyyyy

Jawohl, Herr Spindoktor!

[OpieGSU]

Stock market closed at 7,949 on January 20, 2009.

11,591 Friday.

Make money, money, monayyyyy

haha. Don't hurt them with the truth, Sk.
They'd prefer to be hysterical fearful bitches.

[citdog]

Stock market closed at 7,949 on January 20, 2009.

11,591 Friday.

Make money, money, monayyyyy

haha. Don't hurt them with the truth, Sk.
They'd prefer to be hysterical fearful bitches.

[citdog]

[Grizo406]

[BDKJMU]

Stocks End Sharply Lower; Dow Skids 1.5%

Stocks closed broadly lower Wednesday as the dollar jumped following worries over the exacerbating Greek debt situation and after a handful of dismal economic news.

The Dow Jones Industrial Average plunged 178.84 points, or 1.48 percent, to close at 11,897.27. All 30 stocks finished lower, led by BofA, Alcoa and Home Depot

The blue-chip index has declined almost 5.5 percent since the beginning of the month. Since 1950, the Dow has been down more than 5 percent halfway into a month 30 times. When that happened, the index almost always finished in the red for the month.

And if the Dow does finish down this month, it will be its first back-to-back monthly declines since May/June 2010......."
http://www.cnbc.com/id/43411328" onclick="window.open(this.href);return false;

Looking at a 7th straight down week..

[BDKJMU]

Stock market closed at 7,949 on January 20, 2009.

Dow was 9625 election day 08'.

[Skjellyfetti]

Stock market closed at 7,949 on January 20, 2009.

Dow was 9625 election day 08'.

Is your point that it fell 1674 points the last 2 or 3 months of Bush's Presidency?

[danefan]

I'm having a hard time figuring out how Greece's problems are Obama's fault?

[CitadelGrad]

I'm having a hard time figuring out how Greece's problems are Obama's fault?

Are you having a hard time figuring out how QE I and QE II introduced inflation into the equities and commodities markets?

[Ivytalk]

Off another 170+ today already on increased jobless claims.

[AZGrizFan]

Dow was 9625 election day 08'.

Is your point that it fell 1674 points the last 2 or 3 months of Bush's Presidency?

His point is that it fell 1674 points beginning the day after America woke up and realized it had elected a retard as president.

[Grizalltheway]

Is your point that it fell 1674 points the last 2 or 3 months of Bush's Presidency?

His point is that it fell 1674 points beginning the day after America woke up and realized it had elected a retard as president.

Umm, that happened in 2000...sort of.

[BDKJMU]

Bump...

[Ivytalk]

We all know about "527" plans. Now we know that BHO has a "512" plan.

[houndawg]

Liquidity, boys, that's the watchword when you're in a sucker's game..

[Ivytalk]

Off another 400+ today, and bank stocks (Citi, BAC) are really taking it in the cojones.

Thanks, President Obama!

[dbackjon]

Off another 400+ today, and bank stocks (Citi, BAC) are really taking it in the cojones.

Thanks, President Bush and the lack of regulation!

FTFY


This has been years in the making...

[AZGrizFan]

Off another 400+ today, and bank stocks (Citi, BAC) are really taking it in the cojones.

Thanks, President Bush and the lack of regulation!

FTFY


This has been years in the making...

Really, Jon?

This is a direct response to the debacle of gov't we've seen in the last 3 weeks. Any attempt to spin to the contrary is truly laughable.