Stock Market doing well

[The Nature Boy 4,224]

Despite a Dip today it has really fared well .

Thank you Obama and his blind supporters. This is the first thing in his 7 years you have not blamed Bush for.

[deleted-05292014 331]

It didn't do too well yesterday.

But yes since Obama has been in office the market has actually done pretty well - but then again it really didn't have any choice under 8 years of Bush but to go up. I'm not really sure it matters a whole hell of a lot who is in the White House so I'm half joking when I say that. The Federal Reserve is independent and they set policy as far as interest rates go which will effect the market. They are only held accountable by Congress and the public but are independent.

If you have the stomach for it (and a fast internet connection) I recommend the forex market. Very fun

[mota bhai 2,675]

Aye, my 401K is happy. Surged past a psychological milestone last year, only to drop back a bit this year but that's allright. It got there once, it'll get there again.

[dalegg 143]

The crash is coming! Doom, I say! Doom!

[The Nature Boy 4,224]

It didn't do too well yesterday.

But yes since Obama has been in office the market has actually done pretty well - but then again it really didn't have any choice under 8 years of Bush but to go up. I'm not really sure it matters a whole hell of a lot who is in the White House so I'm half joking when I say that. The Federal Reserve is independent and they set policy as far as interest rates go which will effect the market. They are only held accountable by Congress and the public but are independent.

If you have the stomach for it (and a fast internet connection) I recommend the forex market. Very fun

It actually broke 2 record highs yesterday... Just saying

[luckytxn 2,265]

Yes Obama keep priming the pump and the water springing forth will be forever. Remember though that if you stop priming the well runs dry. Of course we can just keep printing money forever and forever. No harm will ever come.

[GandD 5,966]

What happened to that guy on here that was predicting (specifically) the next recession? Pretty sure that time has come and gone.

[deleted-05292014 331]

It actually broke 2 record highs yesterday... Just saying

http://www.usnews.com/news/business/articles/2014/05/14/us-stock-futures-edge-lower

Perhaps I should have been more specific and said at close of market

NEW YORK (AP) — Stocks fell back from record levels on Wednesday as investors decided it was better to play it safe.

The Standard & Poor's 500 index fell 8.92 points, or 0.5 percent, to 1,888.53. The Dow Jones industrial average dropped 101.47 points, or 0.6 percent, to 16,613. The Nasdaq composite fell 29.54 points, or 0.7 percent, to 4,100.63.

The Russell 2000 index, a gauge of small-company stocks, fell 18.02 points, or 1.6 percent, to 1,103.14. The index has slumped 9 percent since peaking March 4 as investors sold riskier stocks.

Just sayin....

Edited May 16, 2014 by Jinx614

[deleted-05292014 331]

Yes Obama keep priming the pump and the water springing forth will be forever. Remember though that if you stop priming the well runs dry. Of course we can just keep printing money forever and forever. No harm will ever come.

Inflation rose yesterday too.......thanks Obama!