Obama has the stock market SOARING

[Con2013]

Uh...it's kinda hard for the stock market to crash....when it's being propped up (artificially) by the printing of worthless dollars and by billions of taxpayer dollars (Read: Stimulus).

The REAL economic report just came out and guess what? The economy is not just 'not growing'...it is contracting (shock!!!).

And yes....for those in Rio Linda....that means we're in a depression.

But hey.....nice try at propaganda and BS though.

Oh...and....no ceegar.

Where are all you chicken littles who claimed that when Obama was elected in 2008 that the stock market would crash?

Where are all of you who claimed when PPACA passed in 2010 that the stock market would crash?

Where are all of you who claimed when PPACA was upheld by the Supreme Court that the stock market would crash?

Where are all of you who claimed when Obama was re-elected in 2012 that the stock market would crash? Care to eat crow yet?

Maybe, just maybe that Obama's economic policies are working great, and that is the reason the stock market is reaching record highs? This is the beginning of the end for supply side economics.

[Mohawk5]

i'm not sure where gold is right now but i seriously considered buying some a while back. it was just too high at that moment. maybe it's time to look again.

$1676 per ounce.

[Con2013]

Who killed the market? Um...which party had been in power and controlled BOTH houses of Congress and therefore, controlled spending, for the two friggin years preceding the crash? I'll give you a hint. It starts with a "D".

Nothing but spin and deflection so far. Bush killed the market and it was around 7000. Now Obama has doubled it. And the stock market reflects everyone since many people of all backgrounds invest in it, not just the 1% and Wall Street Fat Cats.

[tzor]

First, let's compare apples to apples. You might want to play with this Yahoo Chart of the S&P.

Jan 2000 S&P 1498
Jul 2002 S&P 0815
Jul 2006 S&P 1335
Jul 2007 S&P 1526
Jan 2009 S&P 0797
Jan 2013 S&P 1507

So looking at the chart and the S&P alone I see no difference between Bush and Obama. Well that's bizarre but that's what I see.

Moreover if I log the chart and try to get an average line from the 80's to now we are on target. Clearly below target with the growth rates of the 80's but then didn't we have such wonderful inflation back then as well?

HERE is an inflation adjusted chart.

Makes both "recoveries" not as impressive, and the 80's are really impressive, but long term the trend is going relatively up.

Still, if you are over 50, (like I am) you need to consider that short term market conditions aren't good for your health. Given the government deliberately playing with the bond system, I'm not sure what a "safe bet" is anymore.
.

[CaughtInTheMiddle]

$1676 per ounce.

ouch.

you could do something like this...

http://finance.yahoo.com/echarts?s=G...rce=undefined;


but see what i mean. it's just made too big a gain and i don't like buying stuff at the top (although many experts remain bullish on gold). i feel i've really missed the boat on this one.

[CaughtInTheMiddle]

First, let's compare apples to apples. You might want to play with this Yahoo Chart of the S&P.

Jan 2000 S&P 1498
Jul 2002 S&P 0815
Jul 2006 S&P 1335
Jul 2007 S&P 1526
Jan 2009 S&P 0797
Jan 2013 S&P 1507

So looking at the chart and the S&P alone I see no difference between Bush and Obama. Well that's bizarre but that's what I see.

Moreover if I log the chart and try to get an average line from the 80's to now we are on target. Clearly below target with the growth rates of the 80's but then didn't we have such wonderful inflation back then as well?

HERE is an inflation adjusted chart.

Makes both "recoveries" not as impressive, and the 80's are really impressive, but long term the trend is going relatively up.

Still, if you are over 50, (like I am) you need to consider that short term market conditions aren't good for your health. Given the government deliberately playing with the bond system, I'm not sure what a "safe bet" is anymore.
.

the bolded is why i kept buying. is was an opportunity.

[PRSPlayer]

Nothing but spin and deflection so far. Bush killed the market and it was around 7000. Now Obama has doubled it. And the stock market reflects everyone since many people of all backgrounds invest in it, not just the 1% and Wall Street Fat Cats.

what specifically did Obama do to double it?

[WreckedParty]

Not my problem. The fact is that if the Stock Market is doing well, companies and businesses are doing well, which leads to more jobs and cash in the hands of citizens. The fact that we added 192k jobs the past month only points to more indicators of robust job growth, despite the fact we have the GOP obstructing and cutting spending.

The stock market is mainly to do with people's anticipation of future earnings and not really the only thing that one should look at. Furthermore there is no long run analysis in your post which despite Keyne's totally absurd quip, were not all dead anyway.

[tzor]

And I just purchased another gold coin from the Canadian Mint.

(Well it was a lovely coin, and limited production, so its more than just a metal investment. Although it's basically a half ounce of 99.99% pure gold.)

[WreckedParty]

there is no doubt that the markets will go down again. that's pretty much all they do. go up. go down. go up. go down. that's why i don't panic every time i see a jobs report or news on the economy. stuff happens and sometimes it takes years or decades to happen. amateurs think in minutes or days.

Well simple aggregate measures going up and down aren't something people should be solely focused on. The thing I try to look at is if a pattern is actually sustainable.

[tzor]

the bolded is why i kept buying. is was an opportunity.

Of course, buy low and sell high. But with what did you buy? The problem with bubbles is that you never quite know when they are going to burst. But long term we basically had a "lost decade" which is not good for medium term investors.

The problem is many people actually buy high and sell low. (SIGH)

[Proud Mom and Teacher]

not for those of us that kept buying when things were down. we're way up on those items that we bought when things were at rock bottom.

Wow. Buy low and sell high? Such a innovative concept. You should write a book.

[Proud Mom and Teacher]

And I just purchased another gold coin from the Canadian Mint.

(Well it was a lovely coin, and limited production, so its more than just a metal investment. Although it's basically a half ounce of 99.99% pure gold.)

Did it have Obama's portrait stamped on it? I hear those will be worth millions some day.

[optrader]

$16.5 trillion in debt.
8% unemployment
More people than ever on some form of government assistance.
Workforce participation at 63.6%, it's lowest rate since the early Reagan years.
Health Insurance costs and taxes going up.

Oh - and there's this little gem.

"The nation's economy unexpectedly shrank by 0.1 percent in the fourth quarter of 2012, casting fresh doubt on the strength of the economic recovery."

Read more: http://thehill.com/blogs/on-the-mone...#ixzz2JUCKKG00

Those Obama Policies are just working Great!

Don't forget the credit downgrade...

[nebcon]

Where are all you chicken littles who claimed that when Obama was elected in 2008 that the stock market would crash?

Where are all of you who claimed when PPACA passed in 2010 that the stock market would crash?

Where are all of you who claimed when PPACA was upheld by the Supreme Court that the stock market would crash?

Where are all of you who claimed when Obama was re-elected in 2012 that the stock market would crash? Care to eat crow yet?

Maybe, just maybe that Obama's economic policies are working great, and that is the reason the stock market is reaching record highs? This is the beginning of the end for supply side economics.

He's printing money and bailing out banks and corps. Of course stocks are up.