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Old 02-01-2020, 05:05   #541
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Re: Budget Be Damned

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Originally Posted by Sonny36 View Post
If Hillary were president, would we be in this situation, now?
Oh, heaven forbid!
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Old 02-01-2020, 19:57   #542
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Re: Budget Be Damned

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Originally Posted by Sonny36 View Post
If Hillary were president, would we be in this situation, now? :whistling:

Is that all you got, a schoolyard taunt, and about 'Hillary' too? Laughable, fact-free BS.
FYI, this bull market is just an extension of Obama's turning things around from the disastrous final few years of the Cheney-Bush clusterf---. C-B took a pfg WJC economy up a little, then sideways, then into a near-total meltdown (worldwide even). Who knows if much would change had HRC had beat the EC (+3million actual votes).

The DJIA (no BS about some other index, they all pretty well average out) went up to ~14000 before the 'Great (Bush) Recession' of 2008, which took it down under ~7,000 (more than halved, -50%) as Obama came in, 2009.
When BHO left in 2017 the DJIA stood around 21,000, up almost 200% in ~8 years, nearly doubled.
See the factual DJIA market chart graph below which spans 1999-today, quite plain to see.

So today it's around 28,868, up about 38% from the changeover 3 years ago. Which may merely mostly reflect a certain amount of artificial pumping, as hinted at previously.

Factual data:
https://www.morningstar.com/markets

(select "10Y" on this page, or 'advanced' and 'custom' for any date span):
https://www.marketwatch.com/investing/index/djia/charts
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Old 03-01-2020, 08:47   #543
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Re: Budget Be Damned

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Originally Posted by pt49 View Post
There massive rumors that Deutsche Bank may be the "Lehman Bros" that the Fed is currently trying to save.
Deutsche Bank apparently holds about $45 trillion in derivatives... much of which would be through US Insurance companies.
A bit more about good ol' Deutsche Bank from "Forensic News" (their server is freezing, may have to hit refresh/reload several times) Take it with a grain of salt and sit tight for more info to trickle out.:
Trump Deutsche Bank Loans Underwritten By Russian State-Owned Bank, Whistleblower Told FBI
https://forensicnews.net/2019/12/30/...ower-told-fbi/
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