What do you think? Dems better than GOP for Dow Market Index
gotoguy
Florida
TRUMP
Starting Value: 19,827.25
High Point: 30,606.48 on Dec 31, 2020 (don’t yet have February numbers)
Low Point: 18,591.93 on Mar. 23, 2020
Performance While in Office: 54% increase as of Dec 31, 2020
OBAMA
Starting Value: 7,949.09
High Point: 19,974.62 on Dec. 20, 2016
Low Point: 6,547.05 on March 9, 2009
Ending Value: 19,732.40
Performance While in Office: 148.23% increase
Same with Clinton vs Bush and so forth
Got something to say?
Start your own discussion
21 comments
Latest
However, when looking at history, neither party is better financially overall.
Your post is far from useful.
Possibly an examination of tax rates and other factors would assist in providing a better view.
“Browse the DJIA and you can find a Who’s Who of the corporations lobbying the hardest for deregulating out wage, health, and public safety laws whilst quietly building up regulation and law to entrench their monopoly grip and add barriers to competition.”
Does it make sense that in a time when the gap between the richest and poorest is widening constantly, exponentially, a small number of selected winners in the buy-low-sell-high “stock game” are inconceivable overvalued?
The DJIA is a misrepresentation as a “market health” indicator.
People can earn reasonable wealth by providing innovation and value to society...
However to become part of the 1% is a competition among parasites, with the first place going to the ones that steal the most and share the least.
You really don't know what you are talking about and should shut the fuck up, lest you actually cause harm.
The stock market is one of the biggest scams, is just a Ponzi Scheme.
I had thought you were going to make a reasonable point regarding how the DJIA functions compared to historic GDP - and unemployment - and the CPI.
I was wrong. You are simply angry with everyone who is successful.
“It is the sufferings of the many which pay for the luxuries of the few.”
“And all you can talk about is money and fairytales of eternal economic growth.”
~ Greta Tintin Eleonora Ernman Thunberg
~ Born: 3rd January 2003 Stockholm, Sweden
~ Occupation: Student, environmental activist
~ Awards:
~ Fritt Ord Award (2019)
~ Rachel Carson Prize (2019)
~ Ambassador of Conscience Award (2019)
~ Right Livelihood Award (2019)
~ International Children's Peace Prize (2019)
~ Time Person of the Year (2019)
~ Gulbenkian Prize for Humanity (2020)
http://content.time.com/time/specials/pa…
~ Notorious BIG
“It is computed from the prices of selected stocks typically a “weighted arithmetic mean”.”
“Since you cannot invest directly in an index, index funds are created to track their performance.”
“These “funds” incorporate securities that closely mimic those found in an index, thereby allowing an investor to bet on its performance, “for a fee”.”
“The Dow Jones Industrial Average (DJIA), Dow Jones, is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.”
“Although it is one of the most commonly followed equity indices, many consider the Dow to be an inadequate representation of the overall U.S. stock market compared to broader market indices such as the S&P 500 Index or Russell 3000 because it includes only 30 large cap companies, is not weighted by market capitalization, and does not use a weighted arithmetic mean.
Those indexes in reality say absolutely nothing about the state that the economy or society is in when compared to the past.”
“A better guide to evaluate the economy would be to look at the number of people in society that use food stamps today.”
He’s now posting unrelated quotes in a manner reminiscent of SJG.
All the king's horses and all the king's men couldn't put cj back together again.
To answer your question:
Q: What do you think? Dems better than GOP for Dow Market Index
A: I think, based on history, that stocks usually do what they do regardless of which party controls the White House or Congress.
Because the stock market is a Giant Ponzi Scheme.
“Typically, Ponzi schemes require an initial investment and promise above-average returns.
They use vague verbal guises such as "hedge futures trading", "high-yield investment programs", or "offshore investment" to describe their income strategy.
It is common for the operator to take advantage of a lack of investor knowledge or competence, or sometimes claim to use a proprietary, secret investment strategy to avoid giving information about the scheme.”