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Economy |
The Dow Just Hit An All-Time High following Trump victory |
2016-11-11 |
![]() The Dow average also hit an all-time high before the closing bell Wednesday. The Nasdaq composite underperformed Thursday and was down .3 percent two hours after noon and the S&P 500 is up about 4 points. Liberal economists like Paul Krugman had anticipated that a Trump election would be disastrous for the markets. Initially, Tuesday night they were plunging but surged on Wednesday. Krugman said Tuesday night, "If the question is when markets will recover, a first-pass answer is never." |
Posted by:Besoeker |
#8 Not holding my breath that this 'surge' will continue. Thinking it may be the 'friends of HillBill' (with the other usual suspects) running with their products prior to inauguration. Running while the getting (and taking) is good. Hoping I'm wrong. Really hoping. |
Posted by: Mullah Richard 2016-11-11 16:49 |
#7 "Liberal economists like Enron adviser Paul Krugman" FTFY, #3 John. No charge. :-D |
Posted by: Barbara 2016-11-11 15:43 |
#6 Is possible - just remotely possible - that you are NOT always the smartest person in the room? Even if he's alone in the room. |
Posted by: g(r)omgoru 2016-11-11 15:17 |
#5 Krugman, your broker called this morning. Something about margin. Krugman? Get away from that window!! |
Posted by: KBK 2016-11-11 10:20 |
#4 Krugman will be in good company as he marches along with the throng of political pollsters we've listened to these many months. |
Posted by: Besoeker 2016-11-11 06:57 |
#3 Liberal economists like Paul Krugman had anticipated that a Trump election would be disastrous for the markets. Initially, File under failed economists and MSM. For the left, everything is done or framed in terms of a looney, liberal ideology. |
Posted by: JohnQC 2016-11-11 06:56 |
#2 Hey, NPR-listening pseudointellectual SJWs in the press and punditocracy who predicted economic collapse...... Is possible - just remotely possible - that you are NOT always the smartest person in the room? |
Posted by: no mo uro 2016-11-11 05:42 |
#1 Next thing you know work on the Keystone Pipeline will resume and new inmates will be processed at GITMO. |
Posted by: Besoeker 2016-11-11 02:07 |