Sequestration?

FredHayek wrote: Dow record highs? Not if you factor inflation in.

Of course, you have a SOURCE to prove what effect the inflation-factor is?...And how it would change the numbers? I'm waiting to see that...



Then I think we should factor inflation into Bush's two unnecessary, unpaid-for wars, the unpaid for tax-cuts, the no-bid contracts, the unpaid-for drug-benefit...

That should put him up around $6 Trillion of the National Debt. You want to play that game?...Let's play...

Let's take this and "adjust it for inflation", shall we?

North Jersey.com. The Dow would have to hit 15,502 to reach a record after adjustment for inflation.

The other peril of cheering the Dow? The Dow is the best companies, firms that preform badly get removed from the Dow basket. And to further depress, much of the gain in the Dow have come from only 10% of those stocks listed. Choose the wrong Dow stocks and you have been stagnant.

And your link to the FACTS is? ... Oh, I forgot...You don't do links....or FACTS.

Yeah...whatever...

FredHayek wrote: North Jersey.com. The Dow would have to hit 15,502 to reach a record after adjustment for inflation.

The other peril of cheering the Dow? The Dow is the best companies, firms that preform badly get removed from the Dow basket. And to further depress, much of the gain in the Dow have come from only 10% of those stocks listed. Choose the wrong Dow stocks and you have been stagnant.

Could you please source the actual article, I searched on the site for an article with that information but could not find one. Also a source that only 10% of the stocks accounted for much of the gain.

The stock market is always a gamble, and no, it does not necessarily relate to the health of the economy (although the new job numbers are looking to be pretty good) but the steady rise in the Dow, the S&P, and NASDAQ does show a greater confidence by investors in the health of our economy and it's recovery....IMHO.

You can just google "dow record inflation adjusted", more than one source is reporting this.

Or...You could post a link...



Besides...You know what's important about that chart?...It's not whether or not the Dow has reached it's highest point ever, (whether or not it's been "adjusted for inflation"....It's the jaw-dropping growth in CORPORATE PROFITS....while the rest of the 99% have been getting screwed....


Chart (2013) - Disconnect between Stock Market, Corporate Profits, Wages (Federal Reserve Bank of St. Louis)

Hmmmm...Isn't it swell that investor's are doing great.... Corporate profits, (as we've pointed out hundreds of times) are through the ROOF!! Yay...I'm so thrilled that the rich are getting richer.

And what happened to all that wealth "trickling down"...Ooopsie... That number at the bottom is how the rest of the 99% are doing. But hey, the Randroids don't care about them. Who cares if the middle-class is disappearing.

I don't much CARE if the Dow has reached it's highest point ever, (whether or not it's been "adjusted for inflation"...)

Reality Check.
While the White House is closed to the public......

Adele lands her biggest ever gig at Michelle Obama's 50th birthday party.

America’s First Lady will be holding a huge celebrity-packed party for her birthday at the White House next year and, as she adores Adele and Beyonce, she has asked them both to sing,’ says a source.

http://www.dailymail.co.uk/tvshowbiz/ar ... party.html

frogger wrote: Reality Check.
While the White House is closed to the public......

Adele lands her biggest ever gig at Michelle Obama's 50th birthday party.

America’s First Lady will be holding a huge celebrity-packed party for her birthday at the White House next year and, as she adores Adele and Beyonce, she has asked them both to sing,’ says a source.

http://www.dailymail.co.uk/tvshowbiz/ar ... party.html

Boy, it's a good thing that it's not being paid for with taxpayer funds, and the Obama's are going to pick up the tab!

The source added: ‘The Obamas will pay Adele’s expenses as it’s a private party, not a State one.’

I guess you forgot to read that part, huh...? Lame. So, since this is paid for out of the Obama's private funds, the point of this in a thread about "Sequestration" is...? Oh, yeah... Anything to take a swipe at Michelle Obama...

And ANOTHER "outrage-of-the-day" bites the dust.... :rofllol

I'm pretty sure that frogger knows the Obamas would be paying for Michelle's birthday party.....but you are right LJ, why let an outrage and whine go by? Must be a slow Sunday.

just glad to hear that sequestration is not affecting the Obama's personally.