Dow Breaks 20,000

[American Patriot]

Donald Trump in office for 3 days and the Dow breaks 20,000, first time in history. The wall is coming and Isis will be dealt with finally. Things are changing fast and the far far left wing loons can only wish they had seen things like this happen. Big league changes are coming and America will recover from the liberal stagnation of 8 years.

 

[marvin martian]

A far cry from the "massive stock devaluation" predicted by our resident DNC-funded shills.

 

[SW48]

Donald Trump in office for 3 days and the Dow breaks 20,000, first time in history. The wall is coming and Isis will be dealt with finally. Things are changing fast and the far far left wing loons can only wish they had seen things like this happen. Big league changes are coming and America will recover from the liberal stagnation of 8 years.

I miss the Bugsy posts everytime the stock market goes up and jobs are added...what happened to those?

 

[georgephillip]

Dow 20,000, a bridge too far?

http://www.marketoracle.co.uk/Article54979.html

"The Wall Street Economy

"'The Wall Street economy has taken over the economy and is draining it.'"

"Instead of the circular flow between producers and consumers, you have more and more of this flow being diverted to pay interest and insurance and rent. In other words, to pay the FIRE sector, most of which is owned by the 1%.

"The agency is active politicking by the financial interests and the lobbyists on Wall Street to obtain all of the growth of income and wealth for themselves, and that's what happened in America and Canada since the late 1970s.

"Investment Strategies for Today

"What all the billionaires and heavy investors do is they're simply trying to preserve their wealth. They're not trying to make money, they're not trying to speculate, and if you're an investor you're not going to outsmart the billionaires because the markets are basically fixed.

"It's the George Soros principle.

"'If you have so much money, billions of dollars, you can break the Bank of England. You don't follow the market, you don't anticipate it, you actually make the market and push the market up.'"

"'You have to be able to control the prices and you have the insiders making money but the investors are not going to make money.'"

 

[Craig]

Donald Trump in office for 3 days and the Dow breaks 20,000, first time in history. The wall is coming and Isis will be dealt with finally. Things are changing fast and the far far left wing loons can only wish they had seen things like this happen. Big league changes are coming and America will recover from the liberal stagnation of 8 years.

Hooray for Goldman Sachs.

...The rally has largely been led by financial giants, including Goldman Sachs (GS, +1.13%), a bank where several of Trump's advisors are alumnus. Several of Trump's cabinet picks, including his potential Treasury Secretary Steven Mnuchin, have leaned toward deregulating the financial sector and pulling back on the Dodd-Frank Act.

Goldman has risen 29% since the elections, while the Dow has risen nearly 9% in comparison...

http://fortune.com/2017/01/25/donald-trump-dow-20000/

 

[Caroljo]

I miss the Bugsy posts everytime the stock market goes up and jobs are added...what happened to those?

I thought we weren't supposed to talk about other posters?

 

[Corruptbuddha]

This is a direct result of Obama's FED instituting Quantitative Easing.

It will not end well and probably on Trump's watch.

Hide and watch.

 

[ObamacareForever]

Donald Trump in office for 3 days and the Dow breaks 20,000, first time in history. The wall is coming and Isis will be dealt with finally. Things are changing fast and the far far left wing loons can only wish they had seen things like this happen. Big league changes are coming and America will recover from the liberal stagnation of 8 years.

This ridiculous. The stock market has steadily increased for the past 8 years.

 

[georgephillip]

Hooray for Goldman Sachs.

...The rally has largely been led by financial giants, including Goldman Sachs (GS, +1.13%), a bank where several of Trump's advisors are alumnus. Several of Trump's cabinet picks, including his potential Treasury Secretary Steven Mnuchin, have leaned toward deregulating the financial sector and pulling back on the Dodd-Frank Act.

Goldman has risen 29% since the elections, while the Dow has risen nearly 9% in comparison...

http://fortune.com/2017/01/25/donald-trump-dow-20000/

And the revolving golden door keeps spinning:

http://wallstreetonparade.com/2017/...ing-money-door-ceresney-and-cohn-take-a-spin/

"It was announced yesterday that Andrew Ceresney, the head of enforcement for the Securities and Exchange Commission (SEC) since 2013, would be returning to Debevoise & Plimpton as co-head of its litigation department – a nice promotion..."

"As Ceresney spins out of the Washington side of the revolving door and heads back to representing Wall Street, Gary Cohn is spinning in the other direction. Cohn recently stepped down as the President of Goldman Sachs in order to become Trump’s Director of the National Economic Council.

"According to a Goldman Sachs filing with the SEC yesterday, Cohn’s new job has turned into a mega windfall for him. According to Goldman’s filing with the SEC, it has a 'Conflicted Employment' provision that removes restrictions on stock awards to its executives 'if the recipient accepted employment in the U.S. government.'

"The filing indicates that Cohn will exit all of his Goldman Sachs stock in order to comply with the 'Ethics Guidance' it has received from the government.

"The convenient removal of restrictions on Cohn’s stock awards together with the Goldman Sachs stock he already owns outright will add an estimated $300 million to Cohn’s liquid assets. If he places those liquidated stock proceeds in U.S. Treasury securities or qualifying mutual funds, he will be able to indefinitely defer capital gains taxes on the sale of the stock."
https://www.theguardian.com/business/2017/jan/18/goldman-sachs-protests-new-york-trump-cabinet

 

[ObamacareForever]

This is a direct result of Obama's FED instituting Quantitative Easing.

It will not end well and probably on Trump's watch.

Hide and watch.

No inflation=no reason for a rate hike.
They raised rates half a percent in the last 2 years.
Trump's protectionist policies will cause inflation which will in turn cause a sizable rate hike which will in turn cause a recession.

 

[SW48]

I thought we weren't supposed to talk about other posters?

mods can be reported.

 

[SW48]

And the revolving golden door keeps spinning:

http://wallstreetonparade.com/2017/...ing-money-door-ceresney-and-cohn-take-a-spin/

"It was announced yesterday that Andrew Ceresney, the head of enforcement for the Securities and Exchange Commission (SEC) since 2013, would be returning to Debevoise & Plimpton as co-head of its litigation department – a nice promotion..."

"As Ceresney spins out of the Washington side of the revolving door and heads back to representing Wall Street, Gary Cohn is spinning in the other direction. Cohn recently stepped down as the President of Goldman Sachs in order to become Trump’s Director of the National Economic Council.

"According to a Goldman Sachs filing with the SEC yesterday, Cohn’s new job has turned into a mega windfall for him. According to Goldman’s filing with the SEC, it has a 'Conflicted Employment' provision that removes restrictions on stock awards to its executives 'if the recipient accepted employment in the U.S. government.'

"The filing indicates that Cohn will exit all of his Goldman Sachs stock in order to comply with the 'Ethics Guidance' it has received from the government.

"The convenient removal of restrictions on Cohn’s stock awards together with the Goldman Sachs stock he already owns outright will add an estimated $300 million to Cohn’s liquid assets. If he places those liquidated stock proceeds in U.S. Treasury securities or qualifying mutual funds, he will be able to indefinitely defer capital gains taxes on the sale of the stock."
https://www.theguardian.com/business/2017/jan/18/goldman-sachs-protests-new-york-trump-cabinet

Swamp = Washington.

How is anyone outside of Washington in the swamp?

 

[Spamature]

Donald Trump in office for 3 days and the Dow breaks 20,000, first time in history. The wall is coming and Isis will be dealt with finally. Things are changing fast and the far far left wing loons can only wish they had seen things like this happen. Big league changes are coming and America will recover from the liberal stagnation of 8 years.

Yeah the way Trump brought it back from that horrible crash all the way down to 8000 and then back up to 20000. He sure does deserve all the credit. Why to go Trump.

 

[georgephillip]

Swamp = Washington.

How is anyone outside of Washington in the swamp?

Are you saying Government Sachs is outside of Washington or the swamp?

"'It’s about highlighting the lie that was told to millions of people in this country, the lie that Trump was draining the swamp...’

"As the crowd of about 100 people set up camp, the police erected barricades around them but mostly held off as the crowd moved from chanting 'The swamp is getting deeper! The swamp is Goldman Sachs!' to a series of speak-outs from the crowd about the bank’s connection to payday lending, the economic crisis in Puerto Rico, foreclosures and more."

https://www.theguardian.com/business/2017/jan/18/goldman-sachs-protests-new-york-trump-cabinet

 

[SW48]

Are you saying Government Sachs is outside of Washington or the swamp?

"'It’s about highlighting the lie that was told to millions of people in this country, the lie that Trump was draining the swamp...’

"As the crowd of about 100 people set up camp, the police erected barricades around them but mostly held off as the crowd moved from chanting 'The swamp is getting deeper! The swamp is Goldman Sachs!' to a series of speak-outs from the crowd about the bank’s connection to payday lending, the economic crisis in Puerto Rico, foreclosures and more."

https://www.theguardian.com/business/2017/jan/18/goldman-sachs-protests-new-york-trump-cabinet

During the campaign he said he was draining the swamp which meant people from Washington.

Wall street isn't in Washington, he was talking about politicians.

I guess you interpret it differently. But its funny when CNN says he isn't draining the swamp on one news program and the next they are saying his cabinet has no experience?

His cabinet has no Washington/government experience because he drained the Washington swamp.

You and everyone will spin it whatever way you want but you can't have both. Either your a Washington politician from the swamp or you are an outsider. Most of his cabinet is outsiders.

 

[marvin martian]

Hooray for Goldman Sachs.

...The rally has largely been led by financial giants, including Goldman Sachs (GS, +1.13%), a bank where several of Trump's advisors are alumnus. Several of Trump's cabinet picks, including his potential Treasury Secretary Steven Mnuchin, have leaned toward deregulating the financial sector and pulling back on the Dodd-Frank Act.

Goldman has risen 29% since the elections, while the Dow has risen nearly 9% in comparison...

http://fortune.com/2017/01/25/donald-trump-dow-20000/

Goldman Sachs stock rose 300% during Obama's administration.

https://finance.yahoo.com/quote/GS/...200&interval=1mo&filter=history&frequency=1mo

 

[Charcat]

This ridiculous. The stock market has steadily increased for the past 8 years.

But....it hasn't dropped under this horrible president. LOL

 

[Caroljo]

mods can be reported.

I know. It doesn't matter to me, I just had to grab the chance to pick at you

 

[Constitutional Sheepdog]

I thought we weren't supposed to talk about other posters?

Shush don't mention it's name again be like beetlejuice

 

[georgephillip]

During the campaign he said he was draining the swamp which meant people from Washington.

Wall street isn't in Washington, he was talking about politicians.

I guess you interpret it differently. But its funny when CNN says he isn't draining the swamp on one news program and the next they are saying his cabinet has no experience?

His cabinet has no Washington/government experience because he drained the Washington swamp.

You and everyone will spin it whatever way you want but you can't have both. Either your a Washington politician from the swamp or you are an outsider. Most of his cabinet is outsiders.

I don't remember Trump mentioning the word "geography" when he lied about draining the swamp; however, I do recall he made frequent references to Goldman Sachs.

"Gary Cohn, President and COO of Goldman Sachs, Was Appointed Director of the National Economic Council by Donald Trump..."

"According to a Goldman Sachs filing with the SEC yesterday, Cohn’s new job has turned into a mega windfall for him. According to Goldman’s filing with the SEC, it has a 'Conflicted Employment' provision that removes restrictions on stock awards to its executives 'if the recipient accepted employment in the U.S. government.'
http://wallstreetonparade.com/2017/...ing-money-door-ceresney-and-cohn-take-a-spin/
I would place Cohn among the swamp creatures, how about you?