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Reports of protests are overblown. A few incidents around the country, but nothing major.

5 (45.5%)

A few major incidents in capitals, but nothing much in DC.

5 (45.5%)

A major incident in DC, but nothing much around the country.

0 (0%)

More than 10 capitals have major upheavals, but nothing much in DC.

0 (0%)

A major incident in DC plus more than 10 capitals with significant upheavals.

1 (9.1%)

More than half the capitals around the country have problems with protesters, but DC is quiet.

0 (0%)

DC has major problems, while more than half the capitals around the country also have considerable trouble with protesters.

0 (0%)

Huge disruption to the day.

0 (0%)

Total Members Voted: 9

Voting closed: January 19, 2021, 10:49:21 PM

[LarryBnDC]

Today was a good day - the best day of 2018, back up nearly 1,100 points.

According to the local Washington D.C. newspaper
it was the “ best day, ever!”

800 points below what it was a.week ago. Best day! But it least it gives you something to talk about besides pretending lowering gas prices was because of Trump's energy policies.

I never said that.
But behave as expected.
Notice that oil had a large increase in price, the biggest upsurge in two years, and the overall market still had its best day, EVER.

Market rallied when word came of Trump’s visit to a war zone...

You might want to do further research. News of the Iraqi trip broke well after the market took off
A more plausible explanation


Today the market’s message is that we have nothing to fear but fear itself,” said Ed Yardeni, president of Yardeni Research. “The recent sell-off reflected fears of an impending recession which were blown away today by Amazon and other retailers reporting a record holiday selling season.

Fundamentally you’ve got good growth here in the States, you have reasonable growth overseas, you’re going to have record earnings in 2019 and possibly in 2020 as well, you’ve got low inflation,” said Scott Wren, senior global equity strategist at the Wells Fargo Investment Institute. He said the market, before Wednesday’s steep rise, had fallen too far and was ready to post gains as a result of the underlying strength of the American economy.

It was a joke, son... you’re as sharp as a bowling ball.

[LarryBnDC]

Nothing's better than one of Red's supercilious "you might want..." posts.

I think posts where he demonstrates his complete inability to recognize a joke are better. Better still when he combines the two.

[REDSTATEWARD]

Nothing's better than one of Red's supercilious "you might want..." posts.

I think posts where he demonstrates his complete inability to recognize a joke are better. Better still when he combines the two.

LOL

[REDSTATEWARD]

I'd rather laugh at you.

Laugh away.

[josh]

Today was a good day - the best day of 2018, back up nearly 1,100 points.

According to the local Washington D.C. newspaper
it was the “ best day, ever!”

800 points below what it was a.week ago. Best day! But it least it gives you something to talk about besides pretending lowering gas prices was because of Trump's energy policies.

I never said that.
But behave as expected.
Notice that oil had a large increase in price, the biggest upsurge in two years, and the overall market still had its best day, EVER.

I was thinking percentage when I said best day, rather than raw points.

In terms of total points, that's correct. But before you get to ebullient about that...

Of the 10 largest single day gains ever in points, 9 of them were either 2008 (3) or 2018 (6).

Of the 12 single largest day losses ever in points, 11 of them were either 2008 (4) or 2018 (7).

(Of the top 20 gains, 2 more 2008 and 2 more 2018. Of the top 20 losses, 4 more 2018 - more than half in this year, alone.)

Looking at the percentages, this gain doesn't crack the top 20 biggest ups! 2008 had a couple of those. 2009 another. But 15 of them came during the Great Depression.

And the worst downs? 3 from 2008. Only 8 from the Great Depression. One of the 1000+ drops was even greater than this up was an up, but not as high a percentage, as it came from 2000 points higher.

But I really don't think roller coaster ups and down all year are a sign of stable economy or country.

I'm a lot less sanguine about the situation than you are.

[kiiidcarter8]

Today, the DJIA dived under 22,000, down to a number last seen on September 8th, 2017.

But it will take two more days like this to get it under 21,000 (close of May 24, 2017) and three more to get it under 20,000. (close of February, 2, 2017.

The day before his inauguration (January 19, 2017) closed at 19,732.40.

Three more days like today would bring us a mere 10 points above that. We have four days before New Year's. Could be close!

Heh.

[Yankguy1]

Today, the DJIA dived under 22,000, down to a number last seen on September 8th, 2017.

But it will take two more days like this to get it under 21,000 (close of May 24, 2017) and three more to get it under 20,000. (close of February, 2, 2017.

The day before his inauguration (January 19, 2017) closed at 19,732.40.

Three more days like today would bring us a mere 10 points above that. We have four days before New Year's. Could be close!

Heh.

Kid got a new car last year. The economy's fine.

[josh]

Today, the DJIA dived under 22,000, down to a number last seen on September 8th, 2017.

But it will take two more days like this to get it under 21,000 (close of May 24, 2017) and three more to get it under 20,000. (close of February, 2, 2017.

The day before his inauguration (January 19, 2017) closed at 19,732.40.

Three more days like today would bring us a mere 10 points above that. We have four days before New Year's. Could be close!

Heh.

You sound like you are predicting another day like this.

Try reading the more recent post on this topic.

[REDSTATEWARD]

Today, the DJIA dived under 22,000, down to a number last seen on September 8th, 2017.

But it will take two more days like this to get it under 21,000 (close of May 24, 2017) and three more to get it under 20,000. (close of February, 2, 2017.

The day before his inauguration (January 19, 2017) closed at 19,732.40.

Three more days like today would bring us a mere 10 points above that. We have four days before New Year's. Could be close!

Heh.

Kid got a new car last year. The economy's fine.

What’s wrong with the economy in your opinion?

[Yankguy1]

Per your direction, I'm still laughing at you.  Sorry. You'll have to ask someone else.

[barton]

I'll take a crack at it...

Too much government debt

Too little personal savings

Too much credit card debt,  too much student debt

Lack of affordable new housing,  insufficient home ownership

Computerized trading creates too much volatility and "rollercoaster" market

Too large a percentage of wealth in hands of top one percent

PS - loved Larry's war zone quip!   

[barton]

Three new pages of spam.   That B and T forum will become a spam magnet, Josh.    Get the honcho to ban them and their IP address range. 

[REDSTATEWARD]

Today was a good day - the best day of 2018, back up nearly 1,100 points.

According to the local Washington D.C. newspaper
it was the “ best day, ever!”

800 points below what it was a.week ago. Best day! But it least it gives you something to talk about besides pretending lowering gas prices was because of Trump's energy policies.

I never said that.
But behave as expected.
Notice that oil had a large increase in price, the biggest upsurge in two years, and the overall market still had its best day, EVER.

I was thinking percentage when I said best day, rather than raw points.

In terms of total points, that's correct. But before you get to ebullient about that...

Of the 10 largest single day gains ever in points, 9 of them were either 2008 (3) or 2018 (6).

Of the 12 single largest day losses ever in points, 11 of them were either 2008 (4) or 2018 (7).

(Of the top 20 gains, 2 more 2008 and 2 more 2018. Of the top 20 losses, 4 more 2018 - more than half in this year, alone.)

Looking at the percentages, this gain doesn't crack the top 20 biggest ups! 2008 had a couple of those. 2009 another. But 15 of them came during the Great Depression.

And the worst downs? 3 from 2008. Only 8 from the Great Depression. One of the 1000+ drops was even greater than this up was an up, but not as high a percentage, as it came from 2000 points higher.

But I really don't think roller coaster ups and down all year are a sign of stable economy or country.

I'm a lot less sanguine about the situation than you are.

What have you shown that represents an UNSTABLE economy?

[REDSTATEWARD]

Per your direction, I'm still laughing at you.  Sorry. You'll have to ask someone else.

I see.
Don’t let me interrupt your fun.
As you were.

[josh]

Today, the DJIA dived under 22,000, down to a number last seen on September 8th, 2017.

But it will take two more days like this to get it under 21,000 (close of May 24, 2017) and three more to get it under 20,000. (close of February, 2, 2017.

The day before his inauguration (January 19, 2017) closed at 19,732.40.

Three more days like today would bring us a mere 10 points above that. We have four days before New Year's. Could be close!

Heh.

Kid got a new car last year. The economy's fine.

What’s wrong with the economy in your opinion?

In addition to Barton's list:

Overinflated market value.

Overall stagnant wages when inflation is included, except for the top wage earners.

The tariffs - almost all of them.

The war of words directed at the Fed Chair.

Mnuchin.

And the obvious one.