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December Stock market like coal in stockings


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2018 Dec 20, 9:05pm   2,632 views  21 comments

by whitewater   ➕follow (0)   💰tip ()   ignore  

Worst December since Great Depression.

Comments 1 - 21 of 21   

1   RWSGFY   2018 Dec 20, 9:12pm  

Fucking Blue Wave!
2   just_passing_through   2018 Dec 20, 9:18pm  

Democrats win back a little bit and the market shits.
3   Strategist   2018 Dec 20, 9:19pm  

whitewater says
Worst December since Great Depression.



It's Trump's fault. Ask any democrat.
4   MrMagic   2018 Dec 20, 9:52pm  

just_dregalicious says
Democrats win back a little bit and the market shits.


Remember when the last time Democrats took the majority in congress in 2006? What happened a year or so later?

ThreeBays says
It's the biggest drop, the greatest, trust me.


It will be, the incoming Dems will make sure of that.
5   Rin   2018 Dec 21, 3:05am  

There's nothing wrong with some coal, it's carbon and can be made into something or burned for energy.

Imagine getting a worthless rock, like a granite pebble in your stocking. That's worthless.
6   NuttBoxer   2018 Dec 21, 9:36am  

Free market forces are finally overwhelming the governments rigged game. Stocks almost always push higher in December so CEO's can collect their bonus's. There aren't any elites who wanted this outcome.
7   zzyzzx   2018 Dec 21, 1:09pm  

Potential government shutdowns are often good buying opportunities.
9   Shaman   2018 Dec 22, 3:54pm  

Rin says
Imagine getting a worthless rock, like a granite pebble in your stocking. That's worthless


You can chuck it at your asshole parents for getting you such a shitty gift!
10   HeadSet   2018 Dec 22, 4:00pm  

You can chuck it at your asshole parents for getting you such a shitty gift!

Or take that stone, put it in a sand tumbler to make it look like a polished gem. Now give that gem as a gift to mom next Xmas.
11   clambo   2018 Dec 22, 6:21pm  

It's not the "worst December since the Great Depression". On a percent basis it's not a huge deal.

Since the Nov 2016 election, the US stock market (Wilshire 5000 index) is up 14.5% That's not too bad for a two year return on your money.

Of course, when it was up 30% since Nov 2016 it was great, when it drops it feels bad.

Wait and see when the Christmas sales and profits are known.
13   clambo   2018 Dec 25, 7:29am  

As of Dec 25 the Wilshire 5000 total stock market index is up 11.51% since Nov. 2016

The sky is falling!

Get a grip.
14   RWSGFY   2018 Dec 25, 7:30am  

Fucking donkeys!
15   FortWayneAsNancyPelosiHaircut   2018 Dec 25, 10:15am  

There is no money, especially if we bring millions of illegals every year.

Liberals are clueless when it comes to economy.

jazz_music says
DASKAA says
Fucking donkeys!

If Americans become mobilized politically they can still make defined benefit retirement pensions come back.

The labor movement brought about the new deal. Unions were formed to protect taxpayers from becoming victims of superior leverage exerted by centralizing financial forces.

You can criticize all of it but people of those generations made out better than any other. They had secure retirement because they fought for it during the 1930s.

Us raised in the 50s and 60s had the best life ever known.
16   Bd6r   2018 Dec 25, 10:25am  

jazz_music says
If Americans become mobilized politically they can still make defined benefit retirement pensions come back.

PTB will just move all production to China and India. Globalization has screwed over poor and middle-income people in US. It is also reasonable to ask how we should mobilize - and the answer (which no one likes) is not under glorious leadership of Herr Trump, and not under weasels called Democrats.

jazz_music says
because they fought for it during the 1930s.

Because most of the industrial world was ravaged by WW2 to a large extent, and because it was impossible to move production to China.
I'd like to see a way how to fix the current system where CEO earns 1000 times more than average worker even if he fails, but I simply do not see how.
17   Bd6r   2018 Dec 25, 10:35am  

About topic of the thread, stock market was and still is overvalued, so it had to drop. I do not think D election or Trump shooting off his mouth was the underlying cause.
Shiller P/E is still high, at about 26 while historical average is about 15-16. It has still room to drop.

http://www.multpl.com/shiller-pe/
18   Bd6r   2018 Dec 25, 10:53am  

jazz_music says
Our government made these sociopathic "corporate persons" and we can bring them to heel if we try.

Our government is owned by those "corporate persons" and electing someone who is not owned by them is next to impossible. In every election we have a selection of supposedly anti-corporate candidates who will in reality will be owned by some clan of very rich people.
19   FortWayneAsNancyPelosiHaircut   2018 Dec 25, 4:09pm  

Typical clueless left wing Marxist response.

jazz_music says
FortWayneIndiana says
There is no money, especially if we bring millions of illegals every year.

The money went to the top.

You can't not know that.

Bullshit scare tactics about other people. We can deal with them without the unnecessary drama.
20   Booger   2018 Dec 25, 4:21pm  

jazz_music says
If Americans become mobilized politically they can still make defined benefit retirement pensions come back.


How?
Is there a single instance of this happening?
21   RWSGFY   2018 Dec 25, 4:31pm  

Booger says
jazz_music says
If Americans become mobilized politically they can still make defined benefit retirement pensions come back.


How?
Is there a single instance of this happening?


I'm pretty sure Venezuela has one of these.

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