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DJIA at 17,408.36, all time high ? (Original Post) steve2470 Nov 2014 OP
Repug wins will surely do it. elleng Nov 2014 #1
it will be interesting to see the market reaction after the election... steve2470 Nov 2014 #2
Yes, and clearly only well-informed and honest 'pundits' elleng Nov 2014 #3
all time high of DJIA is a sure good indicator of that steve2470 Nov 2014 #4
Right, the economy at large is better, elleng Nov 2014 #5
yes I agree steve2470 Nov 2014 #6
HA! Phlem Nov 2014 #7
glad I made you laugh :) nt steve2470 Nov 2014 #8
Yes, it's at an all time high, SheilaT Nov 2014 #9
Damn that Obama! KamaAina Nov 2014 #10
The Dow is at an all time high, while median income is at an all time low. Initech Nov 2014 #11
I blame Obama. Major Hogwash Nov 2014 #12

steve2470

(37,457 posts)
2. it will be interesting to see the market reaction after the election...
Mon Nov 3, 2014, 03:25 PM
Nov 2014

and the commentary from the finance pundits.

elleng

(131,126 posts)
3. Yes, and clearly only well-informed and honest 'pundits'
Mon Nov 3, 2014, 03:27 PM
Nov 2014

would make the connection > Dems GOOD for business, Repugs BAD for business.

steve2470

(37,457 posts)
4. all time high of DJIA is a sure good indicator of that
Mon Nov 3, 2014, 03:30 PM
Nov 2014

The economy is arguably better than Jan. 20, 2009. No honest Republican can deny that. We also had a prolonged boom under Clinton.

Democrats ARE good for business, that's a fact.

elleng

(131,126 posts)
5. Right, the economy at large is better,
Mon Nov 3, 2014, 03:36 PM
Nov 2014

but real problems exist with the way businesses avoid paying taxes and their employees, hence justified grievances among many.

If only really smart businesses recognized the benefits of enhancing economic well-being of the MANY, the economy would be GANGBUSTERS, with no room for repugs.

steve2470

(37,457 posts)
6. yes I agree
Mon Nov 3, 2014, 03:41 PM
Nov 2014

Paying employees well and paying your taxes fairly is GOOD for the economy, no question.

Phlem

(6,323 posts)
7. HA!
Mon Nov 3, 2014, 03:49 PM
Nov 2014

you said honest and Republican in a sentence. Hard to do but extra points for you for making me laugh.

 

SheilaT

(23,156 posts)
9. Yes, it's at an all time high,
Mon Nov 3, 2014, 04:02 PM
Nov 2014

and has not had as much as a ten percent correction in over a thousand days, according to my (very Republican) financial guy. But I am not seeing anything about this level being a bubble. Plus, the economy actually is relatively strong, although since wages haven't kept pace it's a bit harder to tell.

A few weeks ago some people (maybe not here but on another board I frequent) were freaking out over a 1% drop in the Dow, mis-characterizing it as a 10% drop.

Initech

(100,104 posts)
11. The Dow is at an all time high, while median income is at an all time low.
Mon Nov 3, 2014, 04:33 PM
Nov 2014

I seriously wish that we'd quit focusing on the billionaires and Wall Street, and start focusing on the real problem that is income inequality.

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