Author Topic: This Just In: Bloomberg News on the Economy.  (Read 152 times)

Offline Woody

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Re: This Just In: Bloomberg News on the Economy.
« on: September 08, 2012, 12:02:58 pm »
Nah. Better: Dow Jones Industrials.  Unless you wanna talk Dow Transportation or Dow Utilities....or Nasdaq.


You said:
Quote
Until I look at the "fundamentals" I have none. I don't opine much without data


I said look at Europe.  What is a major factor in the raise of the dow is what happened in Europe today.  If you are unaware of what I am talking about maybe you should stop playing like you know what you are talking about.  ;)


Or change news sources.
I'm suitably aware of stuff, like the usual con argument about how we don't need no stinkin' Europe and how it's all Obama's fault. If we re-elect Obama, we're gonna be like Europe as if Europe hasn't got one iota to do with the U.S.A. presently.

What I'm saying is that cons can't have it both ways.  The U.S.'s gambling with derivatives and futures is why Europe is in a quandry, and now Europe's chucking of worthelss U.S. investments plunges the Dow....which is up considerably since 4 years ago.  You wanna talk Europe and other cons only want to talk about Greece as if it was the entirety of Europe. I'm letting nobody get away with that canard.  >:D

 :strawman:


Clara, I made no such assertions.  European central banks are talking of more relief.  In the global economy with everyone investing everywhere this causes a rise in the marker.
It's true that cons make that assertion even if you didn't. It's still a con-made assertion.


And not relevant to the the reason why the market is up.  Plus, you are parsing a political system argument with an investment discussion. 



A reminder for kentay:
I fully support going back to ALL, that says ALL THE CLINTON TAX and spend policies that led to the economic boom in the second half of the 90's.