DOW Goes under 10,000 Helps Kerry? - Democratic Underground

sampsonblk

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Thu Sep-23-04 10:48 AM
Original message

DOW Goes under 10,000 Helps Kerry?

In a normal year, I would think so. But the media says nothing when it goes under 10K. But as soon as it comes up again, they make it sound like Bush has done something good. Pisses me off...

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oasis

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Thu Sep-23-04 10:51 AM
Response to Original message

1. Frequent fluctuations of the DOW isn't going to help those who advocate

the privitization of Social Security.

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wtmusic

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Thu Sep-23-04 10:55 AM
Response to Reply #1

3. And your understanding of it

is far beyond 95% of the people who will vote for W. Doesn't mean anything, until those checks start drying up and W is long gone.

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pretzel4gore

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Thu Sep-23-04 11:04 AM
Response to Reply #1

5. 'national security before social security'

as the busheviks say...." Bush is God; WORSHIP him or DIE!" is the massa media message in a nutshell (spread the word)

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Nite Owl

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Thu Sep-23-04 10:53 AM
Response to Original message

2. The stock market has a *

win already cooked in, they could be discounting that now. They do not want Kerry but the bond traders do. A few weeks ago some report came out and the traders were chanting 'Kerry, Kerry, Kerry'. The bond market is much larger than the stock market.

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billbuckhead

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Thu Sep-23-04 10:59 AM
Response to Reply #2

4. What about the weak dollar that is never spoken about

When Bush took office the euro was .80 vs 1.20 presently. You would have made way more money just trading dollars for euros let alone investing in dollar denominated stocks.

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yellowcanine

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Thu Sep-23-04 11:09 AM
Response to Original message

6. Dow is going to be lower than Jan 2001. Fewer jobs + lower Dow

than when Shrub took office. Plus jobless claims are up more than expected in August (Right, it was the hurricanes) and leading indicators down for 3rd straight month. Sounds like a piss poor economy to me.

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nyhuskyfan

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Thu Sep-23-04 12:23 PM
Response to Original message

7. The Clinton Era...

He inherited the Dow around 3500, and left with it 10,732.

The Dow under Bush has been the worst of any U.S. President since, well, Herbert Hoover. That name keeps coming up when it comes to Bush and the economy, doesn't it?

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HFishbine

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Thu Sep-23-04 12:44 PM
Response to Original message

8. You aint seen nothing yet.

Edited on Thu Sep-23-04 12:45 PM by HFishbine

Markets will reach yearly lows in October, probably just in time for the debates on domestic issues on Oct. 13.

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