Stocks Rise For Fourth Straight Day, to New Record Highs

Apart from the general strength of the Trump economy, which, as Alexandria Donkey-Chompers sagely instructs is, is strong only because people are working seventeen jobs each, the phase one trade deal is resolving uncertainties.

"This has been the thing that, personally, I've been looking for all year," said Kim Forrest, founder of Bokeh Capital, referring to the trade agreement. "Increased trade is going to allow companies to start spending again on capital expenditures. That had been frozen, and most of most of those are technology purchases."
...
"This should put to rest for the time being the ‘trade war’ volatility factor in markets, which has become a dominant theme over the past year and a half," said Eleanor Olcott, China policy analyst at TS Lombard, in a note. "This brief interlude of calm for the China-US relationship presents some investment opportunities."

The economy's doing so well that Kurt The Soros Comment Troll actually landed a higher-paying job as second assistant fluffer to the guy giving hand-jays under the bridge.

Whether trolling comments sections or jerking off transients, Kurt's still fundamentally in the same game -- volume.

The markets are so bullish that some fear a "melt-up." I guess a rapid escalation of stock prices.

The problem with that is that such an event usually heralds the end of a bull market.

It is important to note that the a so-called melt-up is considered by market pundits as the end phase of an asset bubble and is usually, but not always, followed by a significant downturn in stock values. Strategists have predicted melt-ups a number of times over the past 18 months, with concerns growing about U.S. economic growth in its record-setting 11th year of expansion, supporting fears that an economic and stock-market pullback are inevitable.

Posted by: Ace of Spades at 07:22 PM

Comments

(Jump to bottom of comments)

1 I wish that I still had a 401k.

Posted by: Murrican Ninja War Eeyore at December 16, 2019 07:23 PM (xptlg)

2 1?

Posted by: Gref at December 16, 2019 07:23 PM (AMIL/)

3 "11th year of expansion", LOL !

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 07:23 PM (JwHjN)

4 Oh well. Good evening, everyone!

Posted by: Gref at December 16, 2019 07:24 PM (AMIL/)

5 The bad news is that we'll have that many more nouveau riche types. Egad.

Posted by: pep at December 16, 2019 07:24 PM (T6t7i)

6 melt-up?

did they make that up?

Posted by: vmom swing em from da lamp post voter at December 16, 2019 07:24 PM (G546f)

7 Melt up???

WTF?

Posted by: Diogenes at December 16, 2019 07:25 PM (axyOa)

8 Well, since the "record-setting 11th year of expansion" is total BS, and the economy only really started to recover in Q1 2017, we have plenty of time to continue to "melt-up", methinks.

Posted by: DocJ at December 16, 2019 07:25 PM (DU2N9)

9 The only solution to a run away stock market is a Dem President

Posted by: vmom swing em from da lamp post voter at December 16, 2019 07:26 PM (G546f)

10 But really, I regret that the booming economy of the previous administration caused me to turn every salable investment I owned into cash, because I would be fucking rich right now, on paper anyway, and that's all anything is these days, just fucking paper.

*spits*

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 07:26 PM (JwHjN)

11 They dont have a word for this, so any nonsequitor will do: melt up

Pass the whiskey and order another barrel.

Posted by: henry at December 16, 2019 07:26 PM (J3Rfi)

12 Stock Market Schmock Market.

Posted by: eleven at December 16, 2019 07:26 PM (M0u+N)

13 the economy is out of control!
vote Bloomberg

Posted by: vmom swing em from da lamp post voter at December 16, 2019 07:27 PM (G546f)

14 as Alexandria Donkey-Chompers sagely instructs is, is strong only because people are working , "like, seventeen jobs each?"

fixed

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:27 PM (93FI+)

15 "11th year of expansion", LOL !

The foundation of any economic miracle is an eight-years crater.

You're welcome!

Posted by: Barack Hussein Obama at December 16, 2019 07:27 PM (Ydn2k)

16 let's see, this is basically 1983/1984 compared to Reagan's first term. We've got about 3 more years until a proper crash and correction and then ...uh 2 ,3 4, 5, 6..10? years until a democrat gets elected president and takes credit for it.

Posted by: mushroom maniac at December 16, 2019 07:27 PM (FEQY4)

17 Expect a major stock market correction , a negative one of course, when the next Democrat inevitably assumes the office of president!

Posted by: Commissar Hrothgar at December 16, 2019 07:28 PM (BiNEL)

18 The expansion started in when Trump took office.

Prior to that the US was in recession, but massive deficit spending covered it up.

Now we're finally seeing the first real growth since the crash. Lots of slack left to be taken up.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:28 PM (cfSRQ)

19 Experts: they've predicted fifteen of the last two recessions.

Posted by: Hawkpilot at December 16, 2019 07:28 PM (Y5BSJ)

20 Turn those machines back off!

Posted by: eleven at December 16, 2019 07:28 PM (M0u+N)

21 Economist is a kickass job.

You never have to be right.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:28 PM (93FI+)

22 A melt-up? Global Warming pounces again!

Posted by: Gref at December 16, 2019 07:28 PM (AMIL/)

23 Experts predict Donald Trump is a big fat doody head and it's all bad!

Posted by: eleven at December 16, 2019 07:29 PM (M0u+N)

24 Hi Barry, so you say the US economy was clogged by too much money so you dumped it on Iran?

Posted by: henry at December 16, 2019 07:29 PM (J3Rfi)

25 Y'all have me to thank. I have not invested anything since October - exactly one day before the market took a mini-tanking.

You're welcome.

Posted by: LASue at December 16, 2019 07:29 PM (Ed8Zd)

26 My 401k from my previous job is up 27% in 2019 alone. Trump 2020

Posted by: Eisenhorn at December 16, 2019 07:29 PM (F6tBH)

27 "21 Economist is a kickass job.

You never have to be right.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:28 PM (93FI+) "

No $#it, even weather forecasters gotta be right, what, half the time ?

*spits*

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 07:29 PM (JwHjN)

28
Alexandria Donkey-Chompers sagely instructs is, is strong only because people are working , "like, seventeen jobs each?"

Do you know how long doggie mothers spend with their puppies?

Eight weeks!

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at December 16, 2019 07:29 PM (pNxlR)

29 Also, Obama's stock market was juiced by the Fed buying lots of paper. That's been slowly unwound, so prices are closer to actual tangible value.

Considering that some manufacturing concerns haven't even gotten their new plants in operation yet, I think we've got a way yet to go.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:29 PM (cfSRQ)

30 Weatherman > Economist

Posted by: Mr Aspirin Factory at December 16, 2019 07:30 PM (lC2P/)

31 I had a Melt-Up at this little sammich wagon in Seaside.

mmm Gouda...

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:30 PM (93FI+)

32 I got out of the market at the last top a couple or three weeks ago so I'm missing any current upside but I wanted to lock in my gains for the year and not worry during the holidays. We shall see how things look in the new year.

Posted by: Grump928(C) at December 16, 2019 07:30 PM (yQpMk)

33 There are dems praying to whoever or whatever they pray to that a disaster occurs, causing a crash in the markets. "Hey Swallwell, you keep bragging about that nuke you got at a gun show. Let's try it out in Lubbock Texas."

Posted by: bill in arkansas at December 16, 2019 07:30 PM (C1Lsn)

34 https://www.youtube.com/watch? v=eih67rlGNhU

rem 2 spaces

Posted by: Commissar Hrothgar at December 16, 2019 07:30 PM (BiNEL)

35 You have stolen my dreams and my stock options!

Posted by: Greta at December 16, 2019 07:30 PM (r+sAi)

36 Congrats, Kurt!

Posted by: Mr. Peebles at December 16, 2019 07:30 PM (U+yse)

37 Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:29 PM (cfSRQ)

Stop with the optimism!
We're DOOMED

Posted by: Greta World Expert in All Things at December 16, 2019 07:30 PM (G546f)

38 >>The problem with that is that such an event usually heralds the end of a bull market.

What Trump has been doing is anything but usual. Fundamentally redoing our relationship with China, the UK, Japan and others with more to come including the EU is a whole new dynamic.

I think this has a ways to run.

Posted by: JackStraw at December 16, 2019 07:31 PM (ZLI7S)

39 Remember the Hillary Recession all the economic experts primed us for in 2016? Where'd that go?

Posted by: ... at December 16, 2019 07:31 PM (uEbPt)

40 I'm working seventeen Soros jobs.

Posted by: Kurt Chompers at December 16, 2019 07:31 PM (EgshT)

41 UK-US trade deal will be another boost.

Then Wexit.

USMCA will come into effect, and more automotive jobs will on-shore. Tech manufacturing coming home.

All we need now is some aggressive FTC policing of information monopolies and this party will really get rolling.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:31 PM (cfSRQ)

42 Melt- up? That the thing with tuna on an English muffin?

Posted by: Weasel at December 16, 2019 07:31 PM (MVjcR)

43 16, The market crashed in 87 because of the fundamental shift that the 86 tax reform bill caused in certain stocks. The 90-91 recession was shallow but made worse by Desert Shield/Storm and high oil prices.

If the U.S. repatriates a lot of its manufacturing via the MCA etc. shifting to individuals in the U.S. doing better as they are so far, it is possible that we have something like the 60's boom and if we avoid a war, we could have more good things to come.

Obama's recovery was tepid and not really conducive to increased investment in the U.S. economy. Overall, labor shortages that pull up wages are better than artificially trying to spike wages through unions or government actions.

Posted by: whig at December 16, 2019 07:32 PM (MwILh)

44 I think Trump has already surpassed Reagan
prove me wrong

Posted by: vmom happy to have college kid home at December 16, 2019 07:32 PM (G546f)

45 Make hay while the sun shines, people!

Posted by: sinalco at December 16, 2019 07:32 PM (yODqO)

46 And no, you can't always get what you want
aaaahhwaw
No, you can't always get what you want
aaaahhwaw
Well, no, you can't always get what you want
aaaahhwaw
But if you try sometimes you just might find
You get what you need, baby

Posted by: runner at December 16, 2019 07:32 PM (zr5Kq)

47 IRRATIONAL EXUBERANCE!!!@

Posted by: Grump928(C) at December 16, 2019 07:32 PM (yQpMk)

48 39
Remember the Hillary Recession all the economic experts primed us for in 2016? Where'd that go?

Posted by: ... at December 16, 2019 07:31 PM (uEbPt)

---
That long ago? What about the August recession that Kurt and his gang of tentacle porn enthusiasts were droning on about?

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:32 PM (cfSRQ)

49 29 Also, Obama's stock market was juiced by the Fed buying lots of paper. That's been slowly unwound, so prices are closer to actual tangible value.

Considering that some manufacturing concerns haven't even gotten their new plants in operation yet, I think we've got a way yet to go.
Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:29 PM (cfSRQ)

Obama's stock market had nothing to do with market conditions and valuation. It was a prop-up job, from the crash of 2009 until he left office. We are fortunate that irreversible damage was not done to the basic tenets of trade.

Posted by: Ladyl at December 16, 2019 07:33 PM (TdMsT)

50 Kunt got a mention today!

Good job, buddy!

Posted by: Mr Aspirin Factory at December 16, 2019 07:33 PM (lC2P/)

51 http://bit.ly/2sxQBYq
*******
Scandal Reopens? Court Papers On Democrat IT Aide Imran Awan Make New Revelation | The Daily Wire
*******
Well knock me over with a feather ! another thing the 2weeks Nothing is gonna Happen crowd lost their shit over

Posted by: Deep State is in Deep Shit at December 16, 2019 07:33 PM (BqBId)

52 crashed in 87 because of the fundamental shift that the 86 tax reform bill caused in certain stocks. The 90-91 recession was shallow but made worse by Desert Shield/Storm and high oil prices.

====

yeah, you need a correction from time to time. no biggie.;

Posted by: mushroom maniac at December 16, 2019 07:33 PM (FEQY4)

53 Reining the EPA in would also help, plus hopefully we can reverse the states' stupid leftward shift in their governorships at some point

that's my own myopia, but imagine a business-friendly governor working with the President in New York, New Jersey, and here in Pennsylvania. (and Delaware, I guess, whatever)

Posted by: BlackOrchid, Wanna-Be Ukrainian Asset at December 16, 2019 07:33 PM (Rarvo)

54 And then there's that little thing about the US now being the number 1 producer of oil and gas in the world. We are in new territory.

Posted by: JackStraw at December 16, 2019 07:33 PM (ZLI7S)

55 Paul Krugman has joined Kurt in the lucrative field of transient personal services.

Posted by: Mikey NTH - Measure Your Fury With A Rage-o-Meter from The Outrage Outlet! at December 16, 2019 07:33 PM (LGlN2)

56 Anyone else take China agreeing to a deal with Trump, even right after he signed the HK bill, as a sign they think he's going to be reelected?

Posted by: the dandy at December 16, 2019 07:33 PM (bR08X)

57 I'm probably going to end this year with equal or higher amount of gains in my retirement funds as I am in my net salary for the year.

Yeah, Trump could come out and discuss how much he just loves the administrative state and I would nod along happily.

Posted by: alexthechick - Ragebunny. Hopping all around. at December 16, 2019 07:34 PM (GbPPJ)

58 This investing thing is something only super smart people should be doing.

Any "investment" that leads to higher American employment?

Now that's a horse I won't dance with.

Posted by: Mitt Romney, Coward at December 16, 2019 07:34 PM (K9cVC)

59 I was told, " go away in May come back in September" - I'm thinking sell in march then come back in October.

Posted by: Braenyard at December 16, 2019 07:34 PM (lfmil)

60 The classic sign for a drop was when Time and Newsweek put a Bull on the front page. That will note happen for obvious reasons so who knows. I think there is a built in skepticism/denial among half the people in this country including the MSM. I would not be surprised if many Dems failed to participate over ideological reasons and wishful thinking.

The other classic sign is when you mailman gives you a stock tip. Not that mailmen know less than the average white collar type, they probably know more. But when stocks are the water cooler conversation of the day, it could be a sign everyone is all in.

"One last point. Irrational exuberance can last a long time. A lot of bears have predicted 23 of the last 9 bear markets and it cost them a bundle.

Posted by: Quint at December 16, 2019 07:35 PM (n13/j)

61 I'm probably going to end this year with equal or higher amount of gains
in my retirement funds as I am in my net salary for the year.

Same here. The 401k made more money than I did working this year. Unreal.

Posted by: Eisenhorn at December 16, 2019 07:35 PM (F6tBH)

62 Obama's recovery was tepid and not really conducive
to increased investment in the U.S. economy. Overall, labor shortages
that pull up wages are better than artificially trying to spike wages
through unions or government actions.

Posted by: whig at December 16, 2019 07:32 PM (MwILh)

---
There was no recovery.

Obama added $10 trillion to national debt. GDP grew by $6 trillion during the same period.

The historic levels of borrowing hid the economic stagnation. The Fed was basically "coding" the patient for eight years to prevent brain death.

Now the old boy's actually up and moving around. Weird how taking the government's foot off his throat helped facilitate that.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 07:35 PM (cfSRQ)

63 A scene you will never see in 2019-2020:

Reporter: What are you people here for?

MAGA Hat Guy: To get money.

Reporter: What kind of money?

MAGA Hat Guy: Trump money.

Reporter: Where did Trump get the money?

MAGA Hat Guy: I don't know, hahaha.....from his stash, and he's giving it to us, that's why we voted for him....Trump!, Trump!, Trump!. hahahaha.....

Posted by: Hairyback Guy at December 16, 2019 07:35 PM (Z+IKu)

64 Willowed:

I wanna be the -

Impeachment Night Manager!

I'll be up there all by myself eatin' White Castle burgers and drinkin' Mad Dog 20/20, rubbing my junk all over Pelosi's gavel, wiping' my ass with the Articles of impeachment, takin' a crap on Nadler's chair.

But, I guess it's just a beautiful, beautiful dream.

*sigh*

Posted by: naturalfake at December 16, 2019 07:36 PM (9X624)

65 Same here. The 401k made more money than I did working this year. Unreal.

The advantage of being almost 29.

Posted by: Grump928(C) at December 16, 2019 07:36 PM (yQpMk)

66 The economy's doing so well that Kurt The Soros Comment Troll
actually landed a higher-paying job as second assistant fluffer to the
guy giving hand-jays under the bridge.

Whether trolling comments sections or jerking off transients, Kurt's still fundamentally in the same game -- volume.

_______

"Straight-up defamation, sir -- you will be hearing from our attorney, Mr. Avenatti! Kurt takes NO PAY and is operating as a 501(c)(3) nonprofit organization." -- Kurt's mother

Posted by: ShainS at December 16, 2019 07:36 PM (WqPYg)

67 No $#it, even weather forecasters gotta be right, what, half the time ?

*spits*

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 07:29 PM (JwHjN)

In my experience, weather forecasters are nearly always correct on one thing: Whether the temperature tomorrow will be higher or lower than today's. As to predicting tomorrow's actual temperature within one or two degrees F: Sometimes. I think I could do about the same, having no meteorology training, working from US weather front and current temp maps.

Posted by: Gref at December 16, 2019 07:36 PM (AMIL/)

68 I'm converting everything to gold dimes!

Posted by: Weasel at December 16, 2019 07:37 PM (MVjcR)

69 http://bit.ly/2rUhJRl
*******
Jeremy Fleming has been the Director of GCHQ since April 2017.
******
Another name to put in the back of your mind

Posted by: Deep State is in Deep Shit at December 16, 2019 07:37 PM (BqBId)

70 It's enough to make one long for the good old inverted rate curve panic days of yore (yore being about three months ago).

Posted by: Miklos, inverted interest rates, not pork rectums (clarifying) at December 16, 2019 07:37 PM (QzkSJ)

71 Did someone mention me?

Posted by: Boneless Pork Rectum (R-UT) at December 16, 2019 07:38 PM (yQpMk)

72 17???? We been workin' tirty-tree jobs.

Posted by: Jamaican family from In Living Color at December 16, 2019 07:38 PM (4pMBB)

73

Hello, fellow conservatives.

Posted by: Justin Amash at December 16, 2019 07:39 PM (5Pw++)

74
My Santy Claus Rally arrived!!!

I was hoping for a bit of a dip cuz there's some stocks I've been looking at before the SCR.

But, it's here already.

Posted by: naturalfake at December 16, 2019 07:39 PM (9X624)

75 68 I'm converting everything to gold dimes!

Posted by: Weasel at December 16, 2019 07:37 PM (MVjcR)

I heard a radio ad today saying experts predict those will double in value be the end of the year!

Posted by: Gref at December 16, 2019 07:39 PM (AMIL/)

76 I'm converting everything to gold dimes!

Posted by: Weasel at December 16, 2019 07:37 PM (MVjcR)

Buy Gold!

Posted by: G Gordong Looney at December 16, 2019 07:39 PM (BiNEL)

77 We been workin' tirty-tree jobs.

Luxury!

Posted by: Grump928(C) at December 16, 2019 07:40 PM (yQpMk)

78 Oh no this can't be true the banks are discussing negative interest.

Posted by: freaked at December 16, 2019 07:40 PM (Tnijr)

79 At my age, the memory stuff is still in good order. I remember having Imus on tv some years ago, and he was yapping about whether or not the Dow will ever hit 18K.

Posted by: bill in arkansas at December 16, 2019 07:41 PM (C1Lsn)

80 Would a gold dime be the size of a sand grain?

Good luck stacking those.

Posted by: eleven at December 16, 2019 07:41 PM (M0u+N)

81 Cheap energy, lower taxes, less regulations, USMCA. Phase 1 China deal...Cap X about to loosen up...low interest rates...

Kudlow talking tax cuts 2.0

2020 is going to boom.

Posted by: Ha at December 16, 2019 07:41 PM (UU64l)

82
Anyone else take China agreeing to a deal with Trump, even right after he signed the HK bill, as a sign they think he's going to be reelected?
Posted by: the dandy

======

Gordon Chang hates the deal -- although he's like Mikey when it comes to China.

What I'm really concerned about is IP theft. We've GOT to rein that in. I estimate several hundred Chinese are illegally transferring it as we speak.

Posted by: Blonde Morticia at December 16, 2019 07:41 PM (M9ntN)

83 Big promotion for Kurt. I didn't believe he had 2nd Assistant Fluffer in him.

Posted by: Muad'dib at December 16, 2019 07:42 PM (uDh3k)

84 Melt-ups are usually preceded by increased stock prices on pieces of shit that don't have any real business models and make no money - think the dot com run up or tulips.

No, this run up is due to the end of 8 years of stagnate growth during the Obama years that this increase would have or should have been spread over that time that is, well, gurgled in place. So, when times are normal, 2-3% GDP growth on the US economy is good but not crazy. 1% or less growth over 8 years is abnormal and bad...thanks Obammy!

Posted by: Boswell at December 16, 2019 07:42 PM (32YRo)

85 I'm just waiting for the lunatic left to do what they did in 1984 and say all the new jobs are pizza delivery jobs. oh shit. they are. well, I mean uber eats and door dash are some of these new jobs, right?

apparently, america needed massive african and muslim immigration to deliver mcdonalds for $2 a trip.

Posted by: mushroom maniac at December 16, 2019 07:42 PM (FEQY4)

86 Weatherman > Economist

Posted by: Mr Aspirin Factory at December 16, 2019 07:30

-------------

That made me LOL.

Posted by: olddog in mo, uckfay ancercay at December 16, 2019 07:42 PM (Dhht7)

87 44, As far as efficiency, Trump has done better on the economy than Reagan.

Reagan had the aid of better appointees of his choosing and the grumbling support of his party. Trump has had poor and traitorous appointees forced on him by Gope and outright treason from his party by the likes of Sen. Burr(o) and Paul Ryan. The opposition in Reagan's case were still somewhat patriotic and American centered while in our day are more or less pining for the Soviet Union in America.

Trump, to his credit, on economic and trade policy is taking on the whole Chamber of Commerce globalization congressional bloc paid for by donors that metasized with Delay's K-Street project.

Posted by: whig at December 16, 2019 07:42 PM (MwILh)

88 79 At my age, the memory stuff is still in good order. I remember having Imus on tv some years ago, and he was yapping about whether or not the Dow will ever hit 18K.
Posted by: bill in arkansas at December 16, 2019 07:41 PM (C1Lsn)
-------
I remember thinking 7000 was unsustainable.

Posted by: Weasel at December 16, 2019 07:42 PM (MVjcR)

89 "Stocks Rise For Fourth Straight Day, to New Record Highs"

Women, children, undocumented immigrants, Muslims, and LGBTQ#? persons hardest hit!

Posted by: The New York Times at December 16, 2019 07:42 PM (AMIL/)

90 81 Cheap energy, lower taxes, less regulations, USMCA. Phase 1 China deal...Cap X about to loosen up...low interest rates...

Kudlow talking tax cuts 2.0

===

meh, wake me when we have operation wetback 2.0

Posted by: mushroom maniac at December 16, 2019 07:42 PM (FEQY4)

91 Worst depression evah.

Posted by: Grump928(C) at December 16, 2019 07:43 PM (yQpMk)

92 It's not really a job if you don't get paid.

Posted by: Kurt at December 16, 2019 07:43 PM (4e+hS)

93 Hello, fellow conservatives.
Posted by: Justin Amash at December 16, 2019 07:39 PM (5Pw++)

Hold still. I need to lengthen the skinny end of your tie by about six inches.

Posted by: Commissar Vanya at December 16, 2019 07:43 PM (U7voe)

94 I assume Obama is very proud.

Posted by: Northernlurker, still lurking after all these years at December 16, 2019 07:43 PM (Uu+Jp)

95 Ace

Generally agree with your post here.

'Rons

Listen up, cuz there WILL BE a quiz:

There IS an asset bubble right now, but it is NOT in U.S. equities (stocks). It's in U.S. govt paper (30 year bonds, etc). Foreign investors have PILED INTO those, because they get near zero real return on foreign govt bonds. This is known!

So what?

The "bleed up" scare is misplaced. Equities can still appreciate without the risk of a dotcom-style bubble.

(I majored in speech & public address, btw.)

Posted by: mnw at December 16, 2019 07:43 PM (Cssks)

96 Putin, you magnificent bastard!

Posted by: ShainS at December 16, 2019 07:44 PM (WqPYg)

97 Now all of you 1% should be ashamed of yourselves for sucking money out that rightfully belongs to the poor, the indigent and the illegals who bring their spark of divinity to make life better for us all.

To that end, when I'm elected president those will be confiscated as excess wealth and redistributed by the new Federal Department of Giving Shit Away.

E. Warren/ Bernie Sanders

Posted by: Winston a dreg of society at December 16, 2019 07:45 PM (Tt761)

98 It's not really a job if you don't get paid.

Posted by: Kurt

A blow job is a job, Kurt, ask any woman.

Posted by: Boswell at December 16, 2019 07:45 PM (32YRo)

99 We have been having a roaring economy...with impeachment, Brexit, trade wars, USMCA stalled, mid-east wars, budget deficits, etc.

What the heck happens when some or all of those problems go...away?

4% growth, that is what happens.

Which doesn't sound like much, given other countries are growing rapidly at a 5-8% clip. BUT we are a $20 trillion economy, 25% of the total economy of planet Earth. Even a small inch up in growth rate yields enormous amounts of money. 1% growth yields $200 billion each year. Its staggering what a little faster growth can do to the U.S. economy. And that growth is compounded each year. A $21 trillion in 2021. $22 trillion in 2022.

Posted by: Inspector Kemp at December 16, 2019 07:45 PM (+DS2f)

100 Well knock me over with a feather ! another thing the 2weeks Nothing is gonna Happen crowd lost their shit over
From the article: Court records that have since been released suggest that far from
prosecuting the Awans for new crimes, the 'sealed' matter might be
because Chutkan agreed to essentially expunge records related to Awan's
wife Hina Alvi

Nothing is happening.

Posted by: Greta at December 16, 2019 07:45 PM (r+sAi)

101 Ok, WTF happened to Flynn!? I thought Judge Sullivan was supposedly a no bullshit guy.

Posted by: Tami at December 16, 2019 07:45 PM (cF8AT)

102 First rule of Boneless Pork Rectum Club...

Posted by: eleven at December 16, 2019 07:46 PM (M0u+N)

103 A blow job is a job, Kurt, ask any woman.

Posted by: Boswell at December 16, 2019 07:45 PM (32YRo)

Ahem

Posted by: Buttgig at December 16, 2019 07:46 PM (UU64l)

104 Kurt I get a pay check for working every week
Typing in your parents basement isn't a job

Posted by: Skip at December 16, 2019 07:46 PM (ZCEU2)

105 Kurt, is there a uniform for 2nd Assistant Fluffer? Maybe something seasonal like a Santa Sweater dress?

Posted by: Muad'dib at December 16, 2019 07:46 PM (uDh3k)

106 I remember thinking 7000 was unsustainable.

Posted by: Weasel at December 16, 2019 07:42 PM (MVjcR)

______

There was a book in 1999 IIRC called "Dow 36,000" -- which resulted in much ridicule for the authors at the time.

Posted by: ShainS at December 16, 2019 07:47 PM (WqPYg)

107 Meanwhile in Virginia, the Militia is organizinng.

https://tinyurl.com/shsuwfw

Posted by: Diogenes at December 16, 2019 07:47 PM (axyOa)

108 101 Sullivan doesn't want to be the one to force DOJ's hand here--I'd imagine that he has be gotten at.

I would not be surprised that Flynn may try to get out of his plea bargain now which means trial and Sullivan will probably have to recuse after calling Flynn actions treason in open court.

Posted by: whig at December 16, 2019 07:47 PM (MwILh)

109
The US sucks so much that everyone wants to invest here.

Posted by: Hadrian the Seventh at December 16, 2019 07:48 PM (7rVsF)

110 Kurt, is there a uniform for 2nd Assistant Fluffer? Maybe something seasonal like a Santa Sweater dress?
Posted by: Muad'dib at December 16, 2019 07:46 PM (uDh3k)

The kneepads are adorned with festive elf slippers.

Posted by: Pug Mahon, Purveyor of Locally Sourced artisinal Hogwash at December 16, 2019 07:48 PM (xPJvm)

111 Recession! Recession! Recession! Recession! Recession! Recession!

Posted by: The MSM, two months ago at December 16, 2019 07:48 PM (CDGwz)

112 We're past 100 so I'm just gonna say the sidebar item about Rickl's cat is very nice, and thanks for putting it up there.

Posted by: Commissar Vanya at December 16, 2019 07:48 PM (U7voe)

113 Kurt, is there a uniform for 2nd Assistant Fluffer?

A monogrammed bib.

Posted by: eleven at December 16, 2019 07:48 PM (M0u+N)

114 Thank you, Lord, for having mercy on the hardworking people of this country by giving us Donald Trump, thereby giving us some protection from the evil that would destroy us.

Posted by: Ladyl at December 16, 2019 07:49 PM (TdMsT)

115 The US sucks so much that everyone wants to invest here.
Posted by: Hadrian the Seventh at December 16, 2019 07:48 PM (7rVsF)

A land of oppression, sexism, racism and rape that everyone else in the world wants to move to.

Posted by: Commissar Vanya at December 16, 2019 07:49 PM (U7voe)

116 And always remember, an economist is someone lacking the personalty to be an accountant.

Posted by: bill in arkansas at December 16, 2019 07:49 PM (C1Lsn)

117 Recession! Recession! Recession! Recession! Recession! Recession!
Posted by: The MSM, two months ago at December 16, 2019 07:48 PM (CDGwz)

They got their wish-

Impeachment is undergoing a recession.

Posted by: naturalfake at December 16, 2019 07:50 PM (9X624)

118 We gotta manage those peach mints. Gonna tip.

Posted by: Hank Johnson at December 16, 2019 07:50 PM (EgshT)

119 Felt up. Wait, what?

Posted by: Cicero Kaboom! Kid, at December 16, 2019 07:50 PM (Vy7tf)

120 A monogrammed bib.
Posted by: eleven at December 16, 2019 07:48 PM (M0u+N)
********
He already has a Blue dress

Posted by: Deep State is in Deep Shit at December 16, 2019 07:50 PM (BqBId)

121 113 Kurt's so busy he gets the disposable bibs like Red Lobster.

Posted by: bill in arkansas at December 16, 2019 07:50 PM (C1Lsn)

122 114 Thank you, Lord, for having mercy on the hardworking people of this country by giving us Donald Trump, thereby giving us some protection from the evil that would destroy us.
Posted by: Ladyl at December 16, 2019 07:49 PM (TdMsT)

Amen

Posted by: vmom happy to have college kid home at December 16, 2019 07:50 PM (G546f)

123

The three R's.

Russia. Recession. And...??

I forgot the third R.

Posted by: Justin Amash at December 16, 2019 07:51 PM (5Pw++)

124

Rape?

Posted by: Justin Amash at December 16, 2019 07:51 PM (5Pw++)

125 Ok, WTF happened to Flynn!? I thought Judge Sullivan was supposedly a no bullshit guy.

Posted by: Tami

He's made up his mind - Brady material presented to his court won't change it - that's what this ruling, I think, means. If he let's Flynn slip from his plea deal, he undermines the whole system that let's these sham court/fed prosecutions exit. And they exist for plea deals.

3 months with good behavior.

Posted by: Boswell at December 16, 2019 07:51 PM (32YRo)

126 Kurt, is there a uniform for 2nd Assistant Fluffer?

Special Monogrammed Swimming Cap for Bukake Tuesdays.

Posted by: naturalfake at December 16, 2019 07:51 PM (9X624)

127

Russia
Recession
Rape?

Posted by: Soothsayer, very senile at December 16, 2019 07:51 PM (5Pw++)

128
The economy will be booming only when every journalist has a job!

Posted by: Hadrian the Seventh at December 16, 2019 07:52 PM (7rVsF)

129 I remember the experts predicting the end of the Reagan expansion every two weeks or so from 1982 to 1992. It took Bush's tax hike to actually do it.

Posted by: Oldcat at December 16, 2019 07:52 PM (eoQWY)

130 Racism!

Posted by: Wut at December 16, 2019 07:52 PM (UU64l)

131 >>>98 It's not really a job if you don't get paid.

Posted by: Kurt

A blow job is a job, Kurt, ask any woman.

...

My pappy told me "Do what you love for a living, and you'll never work a day in your life."

Posted by: Kurt, who gets paid two bits a man for h-jays at December 16, 2019 07:53 PM (PbpT7)

132 Putin, you magnificent bastard!

MOAR INTERFERENCE

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:53 PM (93FI+)

133 The economy will be booming only when every journalist has a job!
Posted by: Hadrian the Seventh at December 16, 2019 07:52 PM (7rVsF)

A real job, not as an overly highly paid gossip?

Posted by: Captain Hate at December 16, 2019 07:53 PM (y7DUB)

134
Racism!

Posted by: Wut

Right!

Posted by: Soothsayer, very senile at December 16, 2019 07:53 PM (5Pw++)

135 The Dow broke 1000 in 1972.

Posted by: IrishEi at December 16, 2019 07:54 PM (sGotD)

136 Cheap energy, lower taxes, less regulations, USMCA. Phase 1 China deal...Cap X about to loosen up...low interest rates...

Kudlow talking tax cuts 2.0

2020 is going to boom.
Posted by: Ha at December 16,

I hope so. Had to pull more than the RMD from an inherited account this year.

Posted by: Infidel at December 16, 2019 07:54 PM (MTxDQ)

137 The economy will be booming only when every journalist has a job!

p.s.: my toilet needs scrubbing

Posted by: t-bird at December 16, 2019 07:54 PM (CE5C/)

138 Racism!

Posted by: Wut

Right!
Posted by: Soothsayer, very senile at December 16, 2019 07:53 PM (5Pw++)

Ruff!

Posted by: Rex the Wonder Dog at December 16, 2019 07:54 PM (9X624)

139
The markets are so bullish that some fear a "melt up". I guess a rapid escalation of stock prices.

CNBC has been pushing the melt up line for a while now. Of course when the yield curve inverted for a few hours earlier this year they actually broke out a Countdown to Recession Doomsday Clock. Here's a bit of advise to the lack wits at CNBC fire everyone (especially those roid head retard Najarian brothers) except for Morgan Brennan and Seema Mody and have them shake their cans at the camera while the market averages scroll along the bottom of the screen.

Posted by: TheQuietMan at December 16, 2019 07:55 PM (QMeKl)

140 I am making $ and I'm not even trying.
No ads, word of mouth.
I'm too old to work this damn hard.

Posted by: attila the thrilla at December 16, 2019 07:55 PM (w7KSn)

141 Owners of employer based 401(k) plans are going to get their statements just as Impeachment trial begins in the Senate..
This should be fun!

Posted by: Chi-Town Jerry at December 16, 2019 07:55 PM (CjFDo)

142 "Hey Swallwell, you keep bragging about that nuke you got at a gun show. Let's try it out in Lubbock Texas."

Drop the nuke on Washington D.C. and the whole world will see prosperity such where streets are paved with gold.

Drags on the economy:

1) Taxes
2) Regulation
3) Crime

The top three drags on the economy are similarly the top three products of the Left. (grift, rent-seeking, fraud and war making too)

20% of the people do 80% of the wealth creation. If more of those invested in the Regulatory State and dealing with compliance, taxes and lawfare, where so much of the nine to five jobs reside, there would be a new Renaissance in wealth creation.

Posted by: Blue Bird of F'ing Joy at December 16, 2019 07:55 PM (lD3vL)

143 Putin, you magnificent bastard!

MOAR INTERFERENCE
Posted by: mikeyG

You have to admit, Putin installing Trump in the Whitehouse is failing pretty spectacularly.

Posted by: eleven at December 16, 2019 07:55 PM (M0u+N)

144 6 years ago my financial advisor said a Dow 25K was completely plausible. (I believe we were at about 14K) I thought he was nuts and eventually fired him. BUT I found a better one. Yeah, close to 30% YTD.

Trump 2020, 2024, 2028. Then Erik

Posted by: Pete Seria at December 16, 2019 07:55 PM (7ZQe3)

145
A real job, not as an overly highly paid gossip?

Posted by: Captain Hate

Driving a beer truck is an honorable and important job. Unlike what 90% of journalists actually do.

Posted by: Hadrian the Seventh at December 16, 2019 07:55 PM (7rVsF)

146 moo

Posted by: Greta the Milk Cow at December 16, 2019 07:55 PM (EgshT)

147 Ass Rape.

Posted by: Otter at December 16, 2019 07:55 PM (M0u+N)

148 He's made up his mind - Brady material presented to his court won't change it - that's what this ruling, I think, means. If he let's Flynn slip from his plea deal, he undermines the whole system that let's these sham court/fed prosecutions exit. And they exist for plea deals.

3 months with good behavior.
Posted by: Boswell at December 16, 2019 07:51 PM (32YRo)

That's BS. F*** everyone....not you guys...but everyone else.

Posted by: Tami at December 16, 2019 07:55 PM (cF8AT)

149 Do trolls get time and a half for working overtime? I assume they're paid in Cheetos.

Posted by: Northernlurker, still lurking after all these years at December 16, 2019 07:55 PM (Uu+Jp)

150 I don't work, I apologize to that poor dumb bastard working 34 jobs, sorry.

Posted by: Some rat in the swamp at December 16, 2019 07:56 PM (LOq4H)

151
He's made up his mind - Brady material presented to his court won't
change it - that's what this ruling, I think, means. If he let's Flynn
slip from his plea deal, he undermines the whole system that let's these
sham court/fed prosecutions exit. And they exist for plea deals.

Protecting the corrupt system over the individual.

Good call, Judge Straight Shooter.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:56 PM (93FI+)

152

President Trump is gonna pardon General Flynn, anyway. And he'll do it right after the "trial" in the Senate.

Posted by: Soothsayer, very senile at December 16, 2019 07:56 PM (5Pw++)

153 We were so far off from where we ought to be economically that a rapid return to normal looks like a melt up.

Posted by: Warai-otoko at December 16, 2019 07:56 PM (Ct55T)

154 From the sidebar:

"Whoopie Goldberg tells Meghan McCain to shut up...How dare Whoopie Goldberg say this in the middle of John McCain's funeral."

---I love this place.

Posted by: IrishEi at December 16, 2019 07:57 PM (sGotD)

155
We're entering the age of golden dimes..

Posted by: Braenyard at December 16, 2019 07:57 PM (lfmil)

156 I just made a little trip over to Breitbart, and learned the Dow is up 10K since our President took office. I didn't realize it was that much. Thank you, Mr. President and thank you Secretary Mnuchin.

Posted by: bill in arkansas at December 16, 2019 07:57 PM (C1Lsn)

157 President Trump is gonna pardon General Flynn, anyway. And he'll do it right after the "trial" in the Senate.

Posted by: Soothsayer, very senile at December 16, 2019 07:56 PM (5Pw++)

That's all well and good but....I want Flynn reimbursed every damn dime he's had to spend and then some. I want the DOJ prosecutors arrests. I WANT BLOOD!

Posted by: Tami at December 16, 2019 07:58 PM (cF8AT)

158 It was the best of dimes, it was the worst of dimes.

Posted by: Grump928(C) at December 16, 2019 07:58 PM (yQpMk)

159 GoldLine!

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:58 PM (93FI+)

160 Owners of employer based 401(k) plans are going to get their statements just as Impeachment trial begins in the Senate..
This should be fun!

True. We are in a unique period of time where many Boomers are looking at their retirement funds and seeing, after three decades of Leftist policies destroying their income, nothing there so they are stock-piling as much as possible in equities.

P/E is so wildly out there, but it still beats the zero and negative bond interest rates.

Posted by: Blue Bird of F'ing Joy at December 16, 2019 07:58 PM (lD3vL)

161 The stock market hits a new high because everyone is feeling the economic pinch of this severe recession.

Posted by: Deplorable Jay Guevara at December 16, 2019 07:59 PM (hGXZE)

162 I just made a little trip over to Breitbart, and learned the Dow is up 10K since our President took office. I didn't realize it was that much. Thank you, Mr. President and thank you Secretary Mnuchin.
Posted by: bill in arkansas

And thank YOU, Vladimir!

Posted by: Otter at December 16, 2019 07:59 PM (M0u+N)

163
After the pardon, President Trump will fire Wray and make Gen Flynn acting director of FBI.

Posted by: Soothsayer, very senile at December 16, 2019 07:59 PM (5Pw++)

164 The three R's.

Russia. Recession. And...??

I forgot the third R.
Posted by: Justin Amash at December 1

Rutabaga.

Posted by: runner at December 16, 2019 07:59 PM (zr5Kq)

165

It was the best of dimes, it was the worst of dimes.

Posted by: Charles Dicken's " A Tale of Two Fity" at December 16, 2019 07:59 PM (9X624)

166 A real job, not as an overly highly paid gossip?

Posted by: Captain Hate

I wonder if Satan keeps all the journalists who end up in hell in a giant office building, writing for competing 'newspapers' that only report on each other. They constantly buy each other out and fire and hire staff, so if you get fired you have to leave the building, where the Barbed Cock awaits you until you get rehired.

At least, I hope.

Posted by: Commissar Vanya at December 16, 2019 07:59 PM (U7voe)

167 I've been one of those people bidding up silver though. I have been buying a bit of specie every month against the ever present chance of the Burning Time.

Posted by: Grump928(C) at December 16, 2019 08:00 PM (yQpMk)

168 Vtsax, a low cost index fund, is up 27% ytd. What's your financial advisor delivering?

Posted by: Regular joe at December 16, 2019 08:00 PM (6/uwW)

169 My pappy told me "Do what you love for a living, and you'll never work a day in your life."

Posted by: Kurt

Ahh, so you're giving the blow jobs....sorry, thought you were on the receiving end.

Posted by: Boswell at December 16, 2019 08:00 PM (32YRo)

170 149 Do trolls get time and a half for working overtime? I assume they're paid in Cheetos.
Posted by: Northernlurker, still lurking after all these years at December 16, 2019 07:55 PM (Uu+Jp)

Organic Tide Pods.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:00 PM (hGXZE)

171 I just made a little trip over to Breitbart, and learned the Dow is up 10K since our President took office. I didn't realize it was that much. Thank you, Mr. President and thank you Secretary Mnuchin.
Posted by: bill in arkansas

Yes, wasn't it around 17,000 on Obumbles last day? Shot up immediately after Trump won.

Who would have thunk it??!!

Posted by: LASue at December 16, 2019 08:00 PM (Ed8Zd)

172 125 Boswell,

From what I understood, Powell wanted the judge to dismiss the case rather than extend Flynn's legal jeopardy through a trial (and risk having his son indicted --believe it was FARA related issues). A dismissal would have meant double jeopardy applied and Flynn could not be retried.

Not sure if a plea agreement can now be revoked by Powell or not but I believe that it can but it would expose Flynn to a trial. Given the circumstances, I doubt that Sullivan would be able to preside due to inflammatory comments made by him regarding Flynn in open court. Thus, it could simply be a way for Sullivan to pass the hot potato to another judge if Flynn can decide to withdraw his plea agreement.

Posted by: whig at December 16, 2019 08:00 PM (MwILh)

173 -
--
The economy will be booming only when every journalist has a job!

Posted by: Hadrian the Seventh at December 16, 2019 07:52 PM

----------------------

Sign up now journos. Beat the rush.

Posted by: Coding Tech University at December 16, 2019 08:00 PM (RVcmP)

174 Rutabaga.

Huh? What?

Posted by: Bugs Bunny at December 16, 2019 08:01 PM (M0u+N)

175 Hey pal, can ya spare a dime?

Posted by: Tater Seltzer at December 16, 2019 08:01 PM (EgshT)

176 Economist is a kickass job.

You never have to be right.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:28 PM (93FI+)

I've found that economists are about as objective as journalists. They have an agenda and will push it no matter what the facts are. All the during Barry's reign of terror they lied about every shitty number that came out and all of the shitty economic numbers were always unexpected. And as anemic as the economy was even with the Fed pumping money into it the economists all told us it was an economic golden age

Posted by: TheQuietMan at December 16, 2019 08:01 PM (QMeKl)

177 The three R's.

Russia. Recession. And...??

I forgot the third R.

Reparations.

Posted by: t-bird at December 16, 2019 08:01 PM (98WNR)

178 This Flynn case decision is truly an outrage - in an era when, sadly, one has to meet a fairly high bar for actual outrage.

Game isn't over, but most experienced observers claim it is close, with withdrawal of plea only option - and that's not up only to Flynn and his team, apparently judge must allow.

Not sure whether some of the "extra" abuses that went along with what is almost certainly the main attraction of altering evidence and lying all over the place, have been addressed. Like the non-consentable conflict the prosecution created and [improperly] ignored for Flynn's first defense team.

Is Sullivan betting [against all known and likely evidence] that Flynn's case was not beyond tainted - that it might be one of the most outrageous festivals of misconduct, to include criminal, in modern American history?

Posted by: rhomboid at December 16, 2019 08:01 PM (El6T/)

179 Of course when the yield curve inverted for a few hours earlier this year they actually broke out a Countdown to Recession Doomsday Clock.
--------

MSM supercut https://tinyurl.com/tth5h4h

Bonus, Hillary predicting Trump will kill the economy:

https://tinyurl.com/yx5cf8dx

Posted by: The MSM, two months ago at December 16, 2019 08:01 PM (xSo9G)

180 We are in a unique period of time where many Boomers are looking at their retirement funds and seeing, after three decades of Leftist policies destroying their income, nothing there so they are stock-piling as much as possible in equities.

Kinda late to be doing that now. The youngest Boomers are in their mid-fifties now, aren't they?

Posted by: Deplorable Jay Guevara at December 16, 2019 08:02 PM (hGXZE)

181 Rutabaga.

Huh? What?
Posted by: Bugs Bunny at December 16, 2019 08:01 PM (M0u+N)

Call any vegetable.

Posted by: Frank Zappa at December 16, 2019 08:02 PM (aS1PU)

182
silver, gold...HA!!!

Gold-Pressed Latinum my friends !

Posted by: runner at December 16, 2019 08:02 PM (zr5Kq)

183 Good call, Judge Straight Shooter.

Posted by: mikeyG

Yeah, it's the dick move...but otherwise his and other courts get overwhelmed with bad prosecutions, and that means work, work that you became a Judge at this level to avoid...

Posted by: Boswell at December 16, 2019 08:02 PM (32YRo)

184 Ooops /MSM

Posted by: Mike Hammer, etc., etc. at December 16, 2019 08:02 PM (xSo9G)

185 Somebody brought up gold dimes. Here's a pro tip. Don't give a little kid a 1/10th fractional Eagle as a present until things can be explained. The niece and her husband caught the kid in the nick of time.

Posted by: bill in arkansas at December 16, 2019 08:02 PM (C1Lsn)

186 Vtsax, a low cost index fund, is up 27% ytd. What's your financial advisor delivering?
Posted by: Regular joe at December 16, 2019 08:00 PM (6/uwW)

Mne delivers about 5-6 % with the proviso I should be safer in down markets, yet I seem to suffer the same down as evertwhere else. Just the upside is buffered.

I manage more than half of my retirement stuff on my own; this year I'll switch to 100% self management.

I probably will do better, and my fees I'll charge myself are much more reasonable.

Posted by: LASue at December 16, 2019 08:03 PM (Ed8Zd)

187 I've been one of those people bidding up silver
though. I have been buying a bit of specie every month against the ever
present chance of the Burning Time.

Posted by: Grump928(C)

Never saw the sense in that, you know, the old saying about mining the miners. Horde shit other people will need, axes, shovels, ammo, food, sewing supplies. A nice fat list.

Posted by: Some rat in the swamp at December 16, 2019 08:03 PM (LOq4H)

188 Economist is a kickass job.

You never have to be right.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 07:28 PM (93FI+)
----

The ideal economist only has one arm. That way he can never say "on the other hand..."

Thank you, I'm hear all week. Try the veal and be sure to tip you waitress.

Posted by: WisRich at December 16, 2019 08:03 PM (OAlmw)

189
4% growth, that is what happens.

Posted by: Inspector Kemp

=======

I have it on the authority of the O-conomist himself that 2% is the new normal. Although if it's more, he deserves the credit.

Posted by: Blonde Morticia at December 16, 2019 08:03 PM (M9ntN)

190 Yes, wasn't it around 17,000 on Obumbles last day? Shot up immediately after Trump won.

Who would have thunk it??!!
Posted by: LASue at December 16, 2019 08:00 PM (Ed8Zd)

I would have, and did. Sitting around the dinner table, I forecast a big boom if Trump should be elected, which I thought was not a bad bet.

Everybody thought the old man had lost his marbles.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:03 PM (hGXZE)

191 jeez, s/b here

Posted by: WisRich at December 16, 2019 08:04 PM (OAlmw)

192 So Kurt is the real deal, not just a froll?

Posted by: logprof at December 16, 2019 08:04 PM (oZuI0)

193 The three R's.

Russia. Recession. And...??

I forgot the third R.

~~Rutabaga~~

~~Reparations.~~

Rhubarb!

Posted by: Count de Monet at December 16, 2019 08:04 PM (q1Pj5)

194 Going by memory only, Flynn never asked to withdraw his guilty plea, at least not yet. He asked for supplemental discovery, with an eye to showing prosecutorial misconduct, which his new atty hoped might lead to DISMISSAL of the case... NOT to voiding his plea agreement.

In other words, he hasn't asked the court to withdraw his plea agreement yet.

I wish Trump would just pardon Flynn NOW, but he won't... not before the election, & not until Flynn's appeal is resolved.

Posted by: mnw at December 16, 2019 08:04 PM (Cssks)

195 I've been one of those people bidding up silver though. I have been buying a bit of specie every month against the ever present chance of the Burning Time.

Me too, except ammunition...

Posted by: Hawkpilot at December 16, 2019 08:04 PM (Y5BSJ)

196 Kids should not get anything valuable. Hoop and stick are quite sufficient. And only if they were good.

Posted by: runner at December 16, 2019 08:04 PM (zr5Kq)

197 31.6 percent so far this year on my 401. T.Rowe Price something or other. It's just crazy what it has done in 2 years

Posted by: Molly k. at December 16, 2019 08:04 PM (FE1WP)

198
Kurt The Soros Comment Troll

You notice when the markets hit new highs Kurt Krugman never shows up but when the Dow drops 50 points he's telling us the market crash is starting. Typical gutless and brainless shithead

Posted by: TheQuietMan at December 16, 2019 08:04 PM (QMeKl)

199

Rickets!

Posted by: Soothsayer, very senile at December 16, 2019 08:05 PM (5Pw++)

200 The kids, not hoop and stick, naturally.

Posted by: runner at December 16, 2019 08:05 PM (zr5Kq)

201 6 years ago my financial advisor said a Dow 25K was completely plausible. (I believe we were at about 14K) I thought he was nuts and eventually fired him. BUT I found a better one. Yeah, close to 30% YTD.

Trump 2020, 2024, 2028. Then Erik
Posted by: Pete Seria at December 16, 2019 07:55 PM (7ZQe3)

Wowzer!!!

Posted by: LASue at December 16, 2019 08:05 PM (Ed8Zd)

202 The ideal economist only has one arm. That way he can never say "on the other hand..."

Thank you, I'm hear all week. Try the veal and be sure to tip you waitress.
Posted by: WisRich

W. Churchill

Posted by: Miklos, adding attribution at December 16, 2019 08:05 PM (QzkSJ)

203 Is Sullivan betting [against all known and likely evidence] that Flynn's case was not beyond tainted - that it might be one of the most outrageous festivals of misconduct, to include criminal, in modern American history?

Posted by: rhomboid

He's betting that, given his reputation, and the likelihood that other judges need to, have to, uphold these plea arrangements from prosecutors, that Flynn will listen to Powell, take his 3 months at club fed, get out, write a book, make money.

Posted by: Boswell at December 16, 2019 08:05 PM (32YRo)

204 OT: My son is giving a presentation on the Battle of the Bulge tomorrow in his history class. He is also showing his great-great Uncle Coster's Purple Heart that he got from fighting there. He is very excited.

Posted by: jmel at December 16, 2019 08:06 PM (OeWgo)

205 W. Churchill
Posted by: Miklos, adding attribution at December 16, 2019 08:05 PM (QzkSJ)
------

I knew I liked that guy!

Posted by: WisRich at December 16, 2019 08:07 PM (OAlmw)

206 Kids should not get anything valuable. Hoop and stick are quite sufficient. And only if they were good.

We used to dream of hoop and stick.

Posted by: mikeyG is going into the chrysallis at December 16, 2019 08:07 PM (93FI+)

207 204 OT: My son is giving a presentation on the Battle of the Bulge tomorrow in his history class. He is also showing his great-great Uncle Coster's Purple Heart that he got from fighting there. He is very excited.

that's awesome jmel!

Posted by: BlackOrchid, Wanna-Be Ukrainian Asset at December 16, 2019 08:08 PM (Rarvo)

208
The three R's.

Russia. Recession. And...??

I forgot the third R.

Posted by: Justin Amash at December 16, 2019 07:51 PM (5Pw++)

Rula Lenska

Posted by: TheQuietMan at December 16, 2019 08:09 PM (QMeKl)

209 Rooroo!

Is rooroo one word or two?

Posted by: Cicero Kaboom! Kid, at December 16, 2019 08:09 PM (Vy7tf)

210 "102 First rule of Boneless Pork Rectum Club...

Posted by: eleven at December 16, 2019 07:46 PM (M0u+N) "

Yes ... ?

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 08:09 PM (JwHjN)

211 You notice when the markets hit new highs Kurt Krugman never shows up but when the Dow drops 50 points he's telling us the market crash is starting. Typical gutless and brainless shithead
Posted by: TheQuietMan at December 16, 2019 08:04 PM (QMeKl)

Look on the bright side: maybe he comports his financial moves with his ideological views, in which case he's badly missed the boat.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:09 PM (hGXZE)

212 OT: My son is giving a presentation on the Battle of the Bulge tomorrow in his history class. He is also showing his great-great Uncle Coster's Purple Heart that he got from fighting there. He is very excited.
Posted by: jmel at December 16, 2019 08:06 PM (OeWgo)

Very cool. the rushing passage of time is often daunting. Good to see not everyone forgets.

BTW, I wanted give Bing props for displaying a Battle of the Bulge Image the other day. A winter scene of the Ardennes. Gooble can get bent.

Posted by: Pug Mahon, Purveyor of Locally Sourced artisinal Hogwash at December 16, 2019 08:09 PM (xPJvm)

213 Yes ... ?
Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 08:09 PM (JwHjN)

Well, he just talked about it, so it's obviously not that.

Posted by: Commissar Vanya at December 16, 2019 08:09 PM (U7voe)

214 Well knock me over with a feather ! another thing the 2weeks Nothing is gonna Happen crowd lost their shit over
From the article: Court records that have since been released suggest that far from
prosecuting the Awans for new crimes, the 'sealed' matter might be
because Chutkan agreed to essentially expunge records related to Awan's
wife Hina Alvi

Nothing is happening.
Posted by: Greta at December 16, 2019 07:45 PM (r+sAi)

Court filing said or strongly implied that there is an underseal criminal indictment pending.

Posted by: LASue at December 16, 2019 08:10 PM (Ed8Zd)

215 If you make a nickel out of gold, is it still a nickel?

Posted by: Mr. Peebles at December 16, 2019 08:10 PM (U+yse)

216 Going by memory only, Flynn never asked to withdraw his guilty plea, at least not yet. He asked for supplemental discovery, with an eye to showing prosecutorial misconduct, which his new atty hoped might lead to DISMISSAL of the case... NOT to voiding his plea agreement.

===

hey, flynn pleaded guilty after spending a million to avoid about 30 days of jail.

have they even gotten to arguing how relevant his stupid lies was supposed to be?

Posted by: mushroom maniac at December 16, 2019 08:10 PM (FEQY4)

217 202 The ideal economist only has one arm. That way he can never say "on the other hand..."

Thank you, I'm hear all week. Try the veal and be sure to tip you waitress.
Posted by: WisRich

W. Churchill
Posted by: Miklos, adding attribution at December 16, 2019 08:05 PM (QzkSJ)

--Actually, I think it was Truman.

Posted by: logprof at December 16, 2019 08:10 PM (oZuI0)

218 I forgot the third R.

Posted by: Justin Amash at December 16, 2019 07:51 PM (5Pw++)

Rula Lenska
Posted by: TheQuietMan at December 16, 2019 08:09 PM (QMeKl)

You definitely are not 29.

Posted by: LASue at December 16, 2019 08:11 PM (Ed8Zd)

219 Wowzer!!!

Posted by: LASue

Oh, yeah. An aggressive 401K positioning on a just a few $100K could have gotten you 9K or 10K a week these last 3 months alone...we're talking nirvana for the average Michigan retire auto worker. No one retired in his late 50's or early 60's that is in his/her right mind is voting against that...ever.

Posted by: Boswell at December 16, 2019 08:11 PM (32YRo)

220 Foist on my own petard.

Posted by: Bugs Bunny at December 16, 2019 08:11 PM (M0u+N)

221 Court filing said or strongly implied that there is an underseal criminal indictment pending.

Wake me when there's an underotter indictment pending.

Posted by: BackwardsBoy. Life is pain. at December 16, 2019 08:11 PM (HaL55)

222 True. We are in a unique period where many Boomers are looking at their retirement funds and seeing, after three decades of Leftist policies destroying their income, nothing there so they are stock-piling as much as possible in equities.

Another (important) factor: overseas investment in our stock market, since the American economy is far outstripping others as a place to invest.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:12 PM (hGXZE)

223 The market crashed in 87 because of the fundamental shift that the 86
tax reform bill caused in certain stocks. The 90-91 recession was
shallow but made worse by Desert Shield/Storm and high oil prices.

The mini recession that ended in 1991 but the MFM kept pushing that the economy was in terrible shape all during the 1992 election.

Posted by: TheQuietMan at December 16, 2019 08:12 PM (QMeKl)

224
He's betting that, given his reputation, and the
likelihood that other judges need to, have to, uphold these plea
arrangements from prosecutors, that Flynn will listen to Powell, take
his 3 months at club fed, get out, write a book, make money.

Posted by: Boswell at December 16, 2019 08:05 PM (32YRo)

---
I bet that he throws the book at the prosecutors.

This is Sullivan's Big Thing, and he was lied to. They were all lied to.

The prosecutors just admitted that ALL their previous filings were wrong.

Judges don't like being lied to, by ANYONE.

The recess was to wait until the FISA report came out. It was damning.

Case will be dismissed, prosecutors will be sanctioned.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 08:12 PM (cfSRQ)

225 We have made a shitton of money in the Trump stock market. It is so much better than the Obama market its embarrassing.

Posted by: Abby at December 16, 2019 08:12 PM (sNUKh)

226 FWIW (likely nothing):

This is an old bull market. I'm trying to recession-proof my portfolio by buying only high-dividend stuff (esp. preferreds), and a few high yield corporate bonds, where the dividends are absolutely bulletproof (well-covered).

I'm in a position where I can just collect the dividends (and interest on the bonds) & wait the recession out, hopefully.

I posit that this is a poor time to chase capital gains, i.e., growth stocks.

Posted by: mnw at December 16, 2019 08:13 PM (Cssks)

227 Sundance has a brutal piece up about Barr. Says he's selling out justice and Trump to protect Rosenstein and other DOJ riff raff.

Posted by: Dan Smoot's Apprentice at December 16, 2019 08:13 PM (H8QX8)

228 W. Churchill
Posted by: Miklos, adding attribution at December 16, 2019 08:05 PM (QzkSJ)

--Actually, I think it was Truman.
Posted by: logprof

Perhaps, but tomorrow I shall be indisputably sober.

Posted by: Miklos Spencer Churchill at December 16, 2019 08:14 PM (QzkSJ)

229
I remember seeing a standup comic in the first year of Obama, a rare instance of someone willing to poke some fun at the Left.

He said he went to a government agency and asked for advice on how to get into one of these small businesses he kept hearing about. They replied, "Buy a large business, and wait."

That's as much of a joke as "11th year of economic expansion."

Posted by: Semi-Literate Thug at December 16, 2019 08:14 PM (CMzwe)

230 Yes, wasn't it around 17,000 on Obumbles last day? Shot up immediately after Trump won.

Who would have thunk it??!!
Posted by: LASue at December 16, 2019 08:00 PM (Ed8Zd)

I would have, and did. Sitting around the dinner table, I forecast a big boom if Trump should be elected, which I thought was not a bad bet.

Everybody thought the old man had lost his marbles.
Posted by: Deplorable Jay Guevara at December 16, 2019 08:03 PM (hGXZE)

#Me too. I knew well how people were distrustful of Obumblbes -but whatever Trump was going to do, I was confident it would help business. Crazy optimism amongst us Deplorables.

Posted by: LASue at December 16, 2019 08:14 PM (Ed8Zd)

231 227 Sundance has a brutal piece up about Barr. Says he's selling out justice and Trump to protect Rosenstein and other DOJ riff raff.

yeah well

I'm not seeing that

nothing against that guy but he spouts a lot of stuff that's kind of off

Posted by: BlackOrchid, Wanna-Be Ukrainian Asset at December 16, 2019 08:14 PM (Rarvo)

232 Foist on my own Bugs Bunny.

Posted by: eleven at December 16, 2019 08:14 PM (M0u+N)

233 high nood

Posted by: vmom happy to have college kid home at December 16, 2019 08:15 PM (G546f)

234 Sundance has a brutal piece up about Barr. Says he's
selling out justice and Trump to protect Rosenstein and other DOJ riff
raff.

Posted by: Dan Smoot's Apprentice at December 16, 2019 08:13 PM (H8QX

---
Sundance seriously lost his shit in 2018 and hasn't been the same since.

He also said Kavanaugh wouldn't be confirmed.

Good on economics, bad everywhere else.

Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 08:15 PM (cfSRQ)

235 225 We have made a shitton of money in the Trump stock market. It is so much better than the Obama market its embarrassing.
Posted by: Abby at December 16, 2019 08:12 PM (sNUKh)

I think that we're seeing the inverse of Cash for Clunkers, which merely moved up consumers' trade-ins of old cars. Stocks to some extent I think are recovering from the doldrums of the Obongo years, and making up for lost time.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:15 PM (hGXZE)

236 W. Churchill
Posted by: Miklos, adding attribution at December 16, 2019 08:05 PM (QzkSJ)

What did Ward Churchill do now?

Posted by: DR.WTF at December 16, 2019 08:15 PM (aS1PU)

237 Liberal Richard Goodstein just made the OK sign on Tucker. I guess his ass needs to be fired.

Posted by: redridinghood at December 16, 2019 08:16 PM (wiXsO)

238 Wouldn't want to rush into it on that Awan thing. Wait until that sealed indictment paper crumbles into dust.

Posted by: JuJuBee at December 16, 2019 08:16 PM (4pMBB)

239 One hand in the bush is worth two in the pantry.

Posted by: Grabby Uncle Joe at December 16, 2019 08:16 PM (zD38/)

240 Court filing said or strongly implied that there is an underseal criminal indictment pending.

Posted by: LASue

I talked to our lobbyist on Friday. This is a pretty big in the DC staffer world, which I think may be part of this under-seal indictment. The Dems were nervous about this back about a year ago, now you know why.

Posted by: Boswell at December 16, 2019 08:16 PM (32YRo)

241 Kinda late to be doing that now. The youngest Boomers are in their mid-fifties now, aren't they?

Of course it is late, older Boomers will get to drain what is left out of SSI, many Boomers retiring with fat pensions from IL, CA, KY NJ and other States with collapsing pension funds, so the youngest Boomers are screwed because of Bush/Obama economies wrecking their savings and the short run-way left to retirement.

Posted by: Blue Bird of F'ing Joy at December 16, 2019 08:17 PM (lD3vL)

242 204 207 212 The kid sounds like somebody that is going places. Without an appreciation of history, you go nowhere. Now for a little Battle of the Bulge Story. My Dad (a vet, Pacific) was friends with a fellow Finn, a baker like Dad and a vet of the Bulge. You know those stories about calling up all the clerks, cooks, and bakers to the line? Well, my dad's friend was one of them. Lost a couple toes to frostbite and had a few other scars courtesy of tress blowing up from arty.

Posted by: bill in arkansas at December 16, 2019 08:17 PM (C1Lsn)

243 Sundance has a brutal piece up about Barr. Says he's
selling out justice and Trump to protect Rosenstein and other DOJ riff
raff.

Posted by: Dan Smoot's Apprentice

Saw that, hopefully he's trading a knight for a queen. Hopefully...

Posted by: Some rat in the swamp at December 16, 2019 08:17 PM (LOq4H)

244 "215 If you make a nickel out of gold, is it still a nickel?

Posted by: Mr. Peebles at December 16, 2019 08:10 PM (U+yse)"

Sure, just like a quarter-sized disk of platinum can be a trillion dollars.

Anything can be anything else in today's financial markets.

Posted by: sock_rat_eez, we are being gaslighted 24/365 at December 16, 2019 08:17 PM (JwHjN)

245 This is an old bull market. I'm trying to recession-proof my portfolio by buying only high-dividend stuff (esp. preferreds), and a few high yield corporate bonds, where the dividends are absolutely bulletproof (well-covered).

I'm in a position where I can just collect the dividends (and interest on the bonds) & wait the recession out, hopefully.

I posit that this is a poor time to chase capital gains, i.e., growth stocks.
Posted by: mnw at December 16, 2019 08:13 PM (Cssks)

I think that that's a very sensible perspective. The wild card here is Trump doing something else that juices stocks still higher. Trade deal(s), further tax cuts, that sort of thing.

Posted by: Deplorable Jay Guevara at December 16, 2019 08:18 PM (hGXZE)

246 11th year of expansion?

Uh huh. Not even close.

Posted by: Dack Thrombosis at December 16, 2019 08:18 PM (j3npP)

247 I think that we're seeing the inverse of Cash for Clunkers, which merely moved up consumers' trade-ins of old cars. Stocks to some extent I think are recovering from the doldrums of the Obongo years, and making up for lost time.

Except for Boeing. They decided to get in bed with China.

Posted by: Blue Bird of F'ing Joy at December 16, 2019 08:18 PM (lD3vL)

248 223 The stock market will hit 50,000 by 2022

Posted by: MAGA at December 16, 2019 08:20 PM (QExYt)

249 211 You notice when the markets hit new highs Kurt Krugman never shows up but when the Dow drops 50 points he's telling us the market crash is starting. Typical gutless and brainless shithead
Posted by: TheQuietMan at December 16, 2019 08:04 PM (QMeKl)

It amuses me how eager he is to sacrifice his credibility in slavish obedience to the Democratic agenda.

Posted by: Northernlurker, still lurking after all these years at December 16, 2019 08:20 PM (Uu+Jp)

250
Dems are slobbering over your 401k so they can federalize public pension shortfalls. You'll be compensated with some S&H Green Stamps.

Posted by: Hadrian the Seventh at December 16, 2019 08:22 PM (7rVsF)

251 Rula Lenska
Posted by: TheQuietMan
------

You're not really 29, are you?

Posted by: Mike Hammer, etc., etc. at December 16, 2019 08:24 PM (CDGwz)

252 I'm listening to an audible biography of Queen Elizabeth II.
One of the guests at her coronation was the queen of Tonga who was immensely fat. That woman was accompanied by a tiny man.
Somebody asked Noel Coward who the little man was.
He said "her lunch."

Posted by: Northernlurker, still lurking after all these years at December 16, 2019 08:26 PM (Uu+Jp)

253 Dems are slobbering over your 401k so they can federalize public pension shortfalls. You'll be compensated with some S&H Green Stamps.
Posted by: Hadrian
----------

Multiple times Dems have said, 'There's plenty of money, it's just not in the right hands'.

Posted by: Mike Hammer, etc., etc. at December 16, 2019 08:26 PM (jOEDM)

254 And all of this should piss off Democrat voters.

Look, this is what Conservative economics creates. The corporate fuck sticks of the Republican party and Democrat socialist assholes have been actively preventing this economy from happening for decades.

Think about that. Think about how LITTLE effort it took Trump and his crew to create this. Some corporate tax cuts. Some futzing with a few tariffs. Getting rid of some regulations. Almost no help from congress.

Imagine a congress that was 100% in alignment with the vision.. low taxes and regulations...balanced budget...America first...control of illegal immigration....

damn - the campaign ad writes itself.

Posted by: Inspector Kemp at December 16, 2019 08:33 PM (+DS2f)

255 I bet that he throws the book at the prosecutors.

This is Sullivan's Big Thing, and he was lied to. They were all lied to.

The prosecutors just admitted that ALL their previous filings were wrong.

Judges don't like being lied to, by ANYONE.

The recess was to wait until the FISA report came out. It was damning.

Case will be dismissed, prosecutors will be sanctioned.
Posted by: Ace-Endorsed Author A.H. Lloyd at December 16, 2019 08:12 PM (cfSRQ)

I have lost most trust in our legal system after trying to follow their shenanigans over the last few years.

I thought like you forever, but after the last few years of FISA judges being made fools of in public and keeping quiet about it, has driven my feelings this way.

These FISA judges are smart people, and know they were lied to, and after over two years of public snark, have ignored it. Completely ignored being lied to and later being repeatedly called out in public.

Which leads me into the conclusion they were actually in on the scam. They were a part of it. Nobody is this stupid and unaware. Not even street people.

And the judge that ran Roger Stone's trial was a partisan hack of the worst kind.

Now, Mannafort was crooked, but would have never been found out if not for the unfortunate decision to play in the corrupt Ukraine, where it is looking like the place for Democrat graft extraordinaire. IMO he got busted and railroaded because he was trying to dip his beek in the Democrat graft pool.

Now this judge Sullivan, which I had hope for. I'll keep my final judgement powder dry until the end, but it is looking like just another corrupt federal judge, sad to say.

With this many corrupt judges, combined with a corrupt, lying and censoring press, honest people are effed.

Effed.

Posted by: LeftCoast Dawg at December 16, 2019 08:36 PM (sy5kK)

256 Am I being an Eeyore to be concerned about a "pump and dump" bubble forming?

Posted by: random ~~lurker~~ commenter at December 16, 2019 08:36 PM (48RE5)

257 Sundance has a brutal piece up about Barr. Says he's selling out justice and Trump to protect Rosenstein and other DOJ riff raff.
Posted by: Dan Smoot's Apprentice at December 16, 2019 08:13 PM (H8QX

******
Now I know why you post the way you do

Posted by: Deep State is in Deep Shit at December 16, 2019 08:37 PM (BqBId)

258 Simple solution - ban defined benefit pensions forever. Public and private. These fucking state pensions - make them all pay as you go.

Make everything a defined contribution.

Posted by: Inspector Kemp at December 16, 2019 08:38 PM (+DS2f)

259 If you predict something a number of times in the past 18 months and it doesn't become true, you aren't a very good strategist.

In a sane world, you'd be looking for a new job.

Posted by: sniffybigtoe at December 16, 2019 08:39 PM (+0AKE)

260 Vtsax, a low cost index fund, is up 27% ytd. What's your financial advisor delivering?

I'm being protected from melt-ups.

Posted by: t-bird at December 16, 2019 08:40 PM (QrTqV)

261
You're not really 29, are you?
Posted by: Mike Hammer, etc., etc. at December 16, 2019 08:24 PM (CDGwz)

We're whatever age we want to be, my teevee told me so, and it never lies to me.

Posted by: random ~~lurker~~ commenter at December 16, 2019 08:43 PM (48RE5)

262 I can absolutely guarantee you that the economy is gangbusters when Hollywood can reasonably anticipate a profit from a remake of Top Gun.

Posted by: Fritz at December 16, 2019 08:43 PM (zD38/)

263 Vtsax, a low cost index fund,

They invest in saxophones in Vermont?

Posted by: Mr. Peebles at December 16, 2019 08:43 PM (U+yse)

264 so the youngest Boomers are screwed because of Bush/Obama economies wrecking their savings and the short run-way left to retirement.
Posted by: Blue Bird of F'ing Joy at December 16, 2019 08:17 PM (lD3vL)

Don't f*ckin remind me. all our money was in a house, seemed like a good idea at the time

Posted by: random ~~lurker~~ commenter at December 16, 2019 08:46 PM (48RE5)

265 I posit that this is a poor time to chase capital gains, i.e., growth stocks.
Posted by: mnw at December 16, 2019 08:13 PM (Cssks)

The idea that pursuing growth stock during a stock market bull session is insane, but I get that that may depend on where you are in life...retired and 70? You should own cash and little property. 45 and looking to build a nest egg? Ride this puppy up for as long as you can. It's no bubble. Its built upon sound economic principles of lessened government regulation, a booming energy industry, and lower corporate tax liabilities. These are called fundamentals in my industry...hardened proof of continued gains. Once the 2020 political season is well underway, say June/July of next year, and if the election tea leaves become murky, you can pull back to more secure holdings, but if impeachment can't budge this market, nothing is going to for a good half year.

Posted by: Boswell at December 16, 2019 08:52 PM (32YRo)

266 *not pursuing" geez I can't spell

Posted by: Boswell at December 16, 2019 08:53 PM (32YRo)

267 Vox layoff nood

Posted by: Ali Watkins at December 16, 2019 09:01 PM (l6b3d)

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