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Old November 30th, 2017, 05:51 AM   #1
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Stock Market Still Rising Post Trump Win

The Dow is now up 33.8% since election day 2016!!!

Wow, my son's company's (Amazon) stock is up 55% this year!!! And he gets 1/2 his pay in company stock, so he's making a fortune!
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Old November 30th, 2017, 08:01 AM   #2
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Quote:
Originally Posted by Ralph47 View Post
The Dow is now up 33.8% since election day 2016!!!

Wow, my son's company's (Amazon) stock is up 55% this year!!! And he gets 1/2 his pay in company stock, so he's making a fortune!
The stock market is a show of how much success the capitalists are have at their exploitation. You can have a strong stark market but stagnating/falling wages, low employment and little consumer spending. It's not sustainable but the crash doesn't happen as soon as the economy slows down. People were making a killing in '29 and '09 all the way up until they weren't but the actual economy took a nose dive the previous year in both cases.
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Old November 30th, 2017, 08:04 AM   #3
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Quote:
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The stock market is a show of how much success the capitalists are have at their exploitation. You can have a strong stark market but stagnating/falling wages, low employment and little consumer spending. It's not sustainable but the crash doesn't happen as soon as the economy slows down. People were making a killing in '29 and '09 all the way up until they weren't but the actual economy took a nose dive the previous year in both cases.
Comical.
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Old November 30th, 2017, 08:06 AM   #4
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Comical.
If death and misery is comical...
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Old November 30th, 2017, 08:08 AM   #5
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If death and misery is comical...
that

Comical that all signs of of great economy can be bad for its citizens, according to you.
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Old November 30th, 2017, 09:19 AM   #6
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that

Comical that all signs of of great economy can be bad for its citizens, according to you.
That's not what I said but okay.
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Old December 7th, 2017, 02:12 PM   #7
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Up over 70 today!
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Old December 8th, 2017, 08:33 AM   #8
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What's happening with salaries and the general cost of living.... any changes?
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Old December 8th, 2017, 08:52 AM   #9
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What's happening with salaries and the general cost of living.... any changes?
Salaries moderately rising. No real inflation.
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