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Posted: 1/20/2021 2:19:15 PM EDT
[#1]
Of course it will. Probably by Biden over the next 4 years.
It’s the percentage gain that actually matters though, not the number of points. ETA: pretty sure the DOW was also over 19k when Trump was inaugurated, not at 16k. ETA2: JFC OP. The DOW was also under 8k when Obama was inaugurated. Where are you pulling your numbers from? |
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Posted: 1/20/2021 2:20:30 PM EDT
[#2]
You're seeing the pump now. Wait for the dump
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Posted: 1/20/2021 2:21:26 PM EDT
[#3]
Highly likely, but it will probably be mostly inflation.
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Posted: 1/20/2021 2:21:35 PM EDT
[#4]
Depends. Look at the growth of the national debt.
Do you expect it to continue as projected?  Attached File |
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Posted: 1/20/2021 2:24:02 PM EDT
[#5]
Of course China will prop it up.
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Posted: 1/20/2021 2:24:35 PM EDT
[#6]
Quote HistoryQuoted: Highly likely, but it will probably be mostly inflation. Exactly. |
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Posted: 1/20/2021 2:27:46 PM EDT
[#7]
If they print enough, yes.
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Posted: 1/20/2021 2:28:01 PM EDT
[#8]
Yes. It'll go higher but that won't mean anything.
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Posted: 1/20/2021 2:28:07 PM EDT
[#9]
In before @Spidey07
 Id like to see it continue but also have enough time to weather another crash like last winter |
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Posted: 1/20/2021 2:28:25 PM EDT
[#10]
Quote HistoryQuoted: Highly likely, but it will probably be mostly inflation. This. |
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Posted: 1/20/2021 2:29:17 PM EDT
[#11]
I don't think that is the goal.
Get used to hearing the phrase. "Unexpectedly", remember the FBHO days? Unemployment rate unexpectedly rose. The dow unexpectedly declined. |
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Posted: 1/20/2021 2:29:25 PM EDT
[#12]
What goes up must come down.
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Posted: 1/20/2021 2:29:31 PM EDT
[#13]
Where are you getting 16000 OP?
The DJI closed over 18,600 on the 9th of November, 2016. |
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Posted: 1/20/2021 2:29:44 PM EDT
[#14]
Of course. DJI keeps getting larger and grows exponentially. Much of that is inflation of course.
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Posted: 1/20/2021 2:29:49 PM EDT
[#15]
Yes BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
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Posted: 1/20/2021 2:30:09 PM EDT
[#16]
Money machine has to end up somewhere.
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Posted: 1/20/2021 2:30:32 PM EDT
[#17]
The dow was at 19,827 on 1/20/17, not 16,000.
It was also at ~8,300 when Obama took office. |
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Posted: 1/20/2021 2:31:36 PM EDT
[#18]
That percentage while keeping inflation in check will be hard to top, I'll be honest.
But look at those numbers over the last 12 years. How can anyone be broke?! If I could change ONE thing in this world right now, it would be to make economics and personal finance with a heavy dose of compound interest a requirement from kindergarten on. I suppose that's a double-edged sword because if you actually educated people, they wouldn't be the 'consume everything' idiots that they are and therefore we'd never have these crazy gains thanks to consumer spending. Nevermind, consume away. I'll continue investing. 
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Posted: 1/20/2021 2:32:26 PM EDT
[#19]
Quoted: The greatest economic President ever? Sure looks like it. Obama (2018-2012) - 12000 to 12720 (+720) (+0.06%) Obama (2012-2016) - 12720 to 16,000 (+3280) (+25%) Trump (2016-2020) - 16,000 to 31,150 (+15150) (+95%) Pedo Joe? Those numbers are denominated in Dollars. Non-inflation adjusted. The President doesn’t control the Market, the Fed does. If the economy ever regains it’s feet, we may see the stock market Soar, due to all the gasoline on the fire. Then we’ll see inflation, then interest rate increases, rinse, repeat, with each cycle getting crazier. That’s a Best case scenario. Don’t take my word for it. Teach yourself about dollar devaluation. You’re running out of time. |
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Posted: 1/20/2021 2:33:02 PM EDT
[#20]
Inflation, all the way to Mars.
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Posted: 1/20/2021 2:35:35 PM EDT
[#21]
Quote HistoryQuoted: Those numbers are denominated in Dollars. Non-inflation adjusted. Teach yourself about the money printing going on. You’re running out of time. His numbers aren't even right. |
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Posted: 1/20/2021 2:35:56 PM EDT
[#22]
Quote HistoryQuoted: Where are you getting 16000 OP? The DJI closed over 18,600 on the 9th of November, 2016. |
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Posted: 1/20/2021 2:37:43 PM EDT
[#23]
Thought this thread was going to be about drones.
Who refers to the Dow Jones as DJI? Usually they just call it the Dow. |
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Posted: 1/20/2021 2:39:11 PM EDT
[#24]
It would have been 30k if not for the Biological Weapon Attack by China on the World!
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Posted: 1/20/2021 2:39:44 PM EDT
[#25]
I'm more expecting it to lose that many points at least once they start voting on great reset legislation and all the massive tax increases...
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Posted: 1/20/2021 2:41:43 PM EDT
[#26]
Quoted: The greatest economic President ever? Sure looks like it. Obama (2018-2012) - 12000 to 12720 (+720) (+0.06%) Obama (2012-2016) - 12720 to 16,000 (+3280) (+25%) Trump (2016-2020) - 16,000 to 31,150 (+15150) (+95%) Pedo Joe? Easily with inflation. |
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Posted: 1/20/2021 2:55:07 PM EDT
[#27]
the DOW is a comgolomeration of the prices of all the stocks that make up the DOW added together. So if the general price of those shares all go up(say good day for industry) then the dow goes up, if bad day for industry, dow goes down. ok got it. BUT if the DOLLAR (the denomination of the shares) becomes worth 50% as much those shares (boeing, BP, Exxon, ect) are still worth the SAME AMOUNT(think of those shares as gold, or ammo, worth a fixed amount). As those shares(or gold bars, or cases of ammo) require MORE dollars ot buy them the the price goes up. does the VALUE of that comodity go up, or does the number of dollars to get it go up. As the purchasing power of the dollar gets smaller(inflation, or abandoning of world reserve currency due to our debt) then the price of those shares rises.
To put it this way 36 months ago you could buy a box of 100 9mm for 1 silver dollar, 12 months ago same was true. currently there is a massive shortage of 9mm so it is 2- 4 silver dollars per box but the paper dollar amount is WAY higher. (4-8 times what it used to be). SAME logic goes for shares of a company. Add a large cross section of shares together and oyu have an average, the AVERAGE price of ammo(9mm, 40, .45, .223, ect) has gone up, BUT has it what is the silver/gold equilvent of those price. |
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Posted: 1/20/2021 3:34:07 PM EDT
[#28]
First of all, your numbers are fucked, OP.
Second, the DOW is a weighted average of only 30 companies. The S&P 500, for example, gives you a better picture of what's really going on. I hate to say it, but Obummer and Blowjob Bill had better gains during their time if office. Especially if you understand how inflation works. |
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Posted: 1/20/2021 3:57:04 PM EDT
[#29]
Quote HistoryQuoted: First of all, your numbers are fucked, OP. Second, the DOW is a weighted average of only 30 companies. The S&P 500, for example, gives you a better picture of what's really going on. I hate to say it, but Obummer and Blowjob Bill had better gains during their time if office. Especially if you understand how inflation works. And Clinton did it with a balanced federal budget for 4 years too, IIRC. |
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Posted: 1/20/2021 7:42:53 PM EDT
[#30]
Quote HistoryQuoted: In before @Spidey07 Id like to see it continue but also have enough time to weather another crash like last winter Yeah. It’s a record bull that just keeps going, fed printing money, fed interest rates record lows, where else you gonna make money? I’m still amazed at the market recovery with covid. It’s bonkers. Shortest bear in history. What??!! Not even 6 months? All I can do is hold on and ride it. |
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Posted: 1/20/2021 7:47:53 PM EDT
[#31]
The working man won't care about the Dow when gas hits $5.00 a gallon.
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