Article

2022-09-25 Economy

Dow Closes at Lowest Level in Almost Two Years

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Posted by Besoeker 2022-09-25 03:37|| || Front Page|| [11140 views ] Top

#1 "Let's Go Brandon"

Posted by Procopius2k 2022-09-25 07:43|| 2022-09-25 07:43|| Front Page Top

#2 And yet, half of all people relying on the level of the stock market for the health of their retirement plans will continue to vote for "progressives."

Posted by M. Murcek 2022-09-25 07:44|| 2022-09-25 07:44|| Front Page Top

#3
Adjusted for the 14% inflation, from March. 2020 to Sept. 23, 2022 the Dow's 35% gain was about 20%.

But then how many of the DOW Stock gained vs. Lost their A$$?

Well, according to authoritative sources, ONLY nine companies in the Dow are up in 2022.

The 5 worst-performing stocks so far this year:
Cisco Systems (CSCO),
Home Depot (HD),
Salesforce (CRM),
Nike (NKE)
and, the worst of the 5 was Walt Disney (DIS) so far this year is down 39.05%.

I seem to remember 3 or 4 of these, jumped on the WOKE, BLM, Take a Knee, ?? Sexual oddity, etc... Liberal Bandwagons.

Posted by NN2N1 2022-09-25 08:03|| 2022-09-25 08:03|| Front Page Top

#4 ^ Absolutely, and until shareholders start defenestrating Woke CEO's, things won't change. ESG corporate policy must stop

Posted by Frank G 2022-09-25 08:18|| 2022-09-25 08:18|| Front Page Top

#5 Ref #3: Tulsa,OK's ONEOK, Inc. (OKE) At $52.76, pretty good over the long haul. Been in business over a hundred years. Pays a 7.09 percent dividend. In spike of these enviro-bitches in D.C., oil and gas is going to be around for a while

Dividend tracker data for OKE found at this link.

Sorry GI. No 15-20 yr+ dividend ticki, no ride.

Stage-IV Monkey Pox on DIS, HD, CSCO, NKE, CRM, and other SINO-American box stores.

Posted by Besoeker 2022-09-25 08:56|| 2022-09-25 08:56|| Front Page Top

#6 You ain’t seen nothing yet. I’m forecasting a minimum 40% haircut from today’s valuations.

Posted by Cromomble Jones1073 2022-09-25 15:00|| 2022-09-25 15:00|| Front Page Top

#7 I hit the magic age [70.5] last October and liquidated my 401k.

Posted by Skidmark 2022-09-25 15:37|| 2022-09-25 15:37|| Front Page Top

#8 When I cashed mine in I’d “forgotten” that in addition to paying federal tax you also pay states tax. Ugh. Reinvested it in my own name and doing well. I’m hoping that if the government decides to roll the 401k’s into Social Security (for our own good) that they don’t try to capture all the stock held by individuals in the market as a whole. If that happens then lead futures are the hot ticket.

Posted by Slenter Panda4300 2022-09-25 15:49|| 2022-09-25 15:49|| Front Page Top

#9 I used to be a millionaire

Posted by Frank G 2022-09-25 16:37|| 2022-09-25 16:37|| Front Page Top

#10 #9 Frank,
I lost a little over a 1/4 millon when the Dot.com bubble burst. Sure could use it now... in retirement. But I never put another penny in stocks since.

Posted by NN2N1 2022-09-25 19:59|| 2022-09-25 19:59|| Front Page Top

23:56 Bugs Darling of the Poles6994
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