Drudge Retort: The Other Side of the News
Friday, September 13, 2019

The Dow Jones Industrial Average rose on Friday, heading for its first eight-day winning streak in more than a year, amid improving sentiment around U.S.-China trade relations.

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Wait, what?

-The Increasingly Desperate Left

#1 | Posted by Rightocenter at 2019-09-13 11:46 AM | Reply

"Looks like it's Obama's economy again."

The left

#2 | Posted by goatman at 2019-09-13 11:55 AM | Reply | Funny: 1

It's at 27,200 this morning.

It's about where it was in mid-January, 2018.

Accounting for inflation, we are STILL down from that time.

But its counting on a Trade Deal. That fails, watch for a 1,500 point drop.

You are counting chickens before they hatch.

#3 | Posted by Sycophant at 2019-09-13 12:28 PM | Reply

"You are counting chickens before they hatch.
#3 | POSTED BY SYCOPHANT"

The numbers are now, not in the future.

#4 | Posted by goatman at 2019-09-13 12:33 PM | Reply

"Looks like it's Obama's economy again."

The left
#2 | POSTED BY GOATMAN

"I can't stop thinking about Obama."

The right

You ODS is still going strong.

#5 | Posted by ClownShack at 2019-09-13 12:34 PM | Reply

Wait, what?

-The Increasingly Desperate Left

#1 | Posted by Rightocenter

These comments are stupid every time you make them.

The stock markets are a poor indicator of economic health for the average person.

Volatility in the markets has been a mainstay of Trump's tenure.

You know Trump will throw another tantrum sometime soon, which will cause a rapid drop again.

#6 | Posted by jpw at 2019-09-13 12:40 PM | Reply

The stock markets are a poor indicator of economic health for the average person.

Depends upon your age.

#7 | Posted by AndreaMackris at 2019-09-13 12:41 PM | Reply

"Looks like it's Obama's economy again."

The left
#2 | POSTED BY GOATMAN

"I can't stop thinking about Obama."

The right

You ODS is still going strong.

#5 | Posted by ClownShack

It's no surprise that that retarded lard heap can't grasp time as a continuum.

#8 | Posted by jpw at 2019-09-13 12:42 PM | Reply

You know Trump will throw another tantrum sometime soon, which will cause a rapid drop again.
#6 | POSTED BY JPW

Inflation adjusted its been nothing but up, even with Trumps "tantrums" as you call them ... since 2009
www.macrotrends.net

Stop complaining and whining...

#9 | Posted by AndreaMackris at 2019-09-13 12:42 PM | Reply

"The stock markets are a poor indicator of economic health for the average person.

#6 | POSTED BY JPW AT 2019-09-13 12:40 PM "

The left had no problem using the stock market as a belwether of the economy when it went down and Bush was president or when it went up while Obama was.

I guess it depends on the letter after the president's name.

#10 | Posted by goatman at 2019-09-13 12:44 PM | Reply

Depends upon your age.

#7 | Posted by AndreaMackris

No, it doesn't.

www.politifact.com

Most people don't have large investments in the stock market.

I don't have a link (can look for one), but I'm guessing most that do are invested in mutual funds via retirement accounts.

So their financial health is tied more to long term market growth and stability than short term fluctuations caused by our Schittheap in Chief.

#11 | Posted by jpw at 2019-09-13 12:46 PM | Reply

"It's no surprise that that retarded lard heap can't grasp time as a continuum.

#8 | POSTED BY JPW AT 2019-09-13 12:42 PM "

More "quality posting" from the guy who demands it from others.

"When You Resort To Name Calling, You've Lost The Argument"

www.realskeptic.com

#12 | Posted by goatman at 2019-09-13 12:46 PM | Reply

Inflation adjusted its been nothing but up, even with Trumps "tantrums" as you call them ... since 2009
www.macrotrends.net

Stop complaining and whining...

#9 | Posted by AndreaMackris

I'm aware, moron.

Hence why I make the point of stating that most of the good economic conditions Trump takes credit for are actually thanks to Obama.

The reference to Trump's tantrums was merely to point out the fickle markets under his watch, ie records have been followed by near record or record losses.

Basically, crowing over this is shortsighted stupidity.

#13 | Posted by jpw at 2019-09-13 12:48 PM | Reply

Also, if you look closely at the graph you'll see it's largely plateaued since about December 2017 with, wait for it, several cycles of rapid gains followed by rapid losses.

#14 | Posted by jpw at 2019-09-13 12:50 PM | Reply

Yap yap yap yap yap....rrrr....yap yap yap yap yap yap yap

-goatshart

#15 | Posted by jpw at 2019-09-13 01:07 PM | Reply

"Yap yap yap yap yap....rrrr....yap yap yap yap yap yap yap
-goatshart

#15 | POSTED BY JPW AT 2019-09-13 01:07 "

This thread is not about me, Mr. Quality Poster

#16 | Posted by goatman at 2019-09-13 01:20 PM | Reply

"The stock markets are a poor indicator of economic health for the average person.

#6 | POSTED BY JPW AT 2019-09-13 12:40 PM ": Depends whether you think the average person has a pension plan, 401k, or IRA as most of those are invested in the market.

#17 | Posted by MSgt at 2019-09-13 02:00 PM | Reply

#17 I acknowledge retirement plans above.

www.rothira.com

91% of 57% of the population utilize retirement plans available to them.

Technically, your average person is just on that spectrum.

But again, retirement plans are betting on long term growth and stability. A blip on their balance sheet during oscillations isn't very meaningful.

#18 | Posted by jpw at 2019-09-13 02:21 PM | Reply

"Depends whether you think the average person has a pension plan, 401k, or IRA"

If you think the average person has a pension plan, you are deeply out of touch with America. By about half a century.

#19 | Posted by snoofy at 2019-09-13 02:39 PM | Reply

If you think the average person has a pension plan, you are deeply out of touch with America. By about half a century. ~ Snoofy

Almost half of all households own stock shares either directly or indirectly through mutual funds, trusts, or various pension accounts.

A blip on their balance sheet during oscillations isn't very meaningful.
#18 | POSTED BY JPW

Again it depends upon your age ...

If you are older you are watching it more, as your concern is around retirement.

As well as worrying about a pension plan, taking responsibility for your future. When you are younger you tend not to watch these things. Its not a criticism, its just life and how "skin in the game" plays out.

#20 | Posted by AndreaMackris at 2019-09-13 02:54 PM | Reply

"Almost half"

Right, not even half of America is invested in the stock market.

And most of those who are are only in it for retirement.

That's why it's not a good indicator of overall American economic prosperity.

You live in an opaque wealth bubble, Andrea, a mattress.

#21 | Posted by snoofy at 2019-09-13 02:57 PM | Reply

Right, not even half of America is invested in the stock market.

54%
news.gallup.com

#22 | Posted by AndreaMackris at 2019-09-13 03:00 PM | Reply

You live in an opaque wealth bubble, Andrea, a mattress.
#21 | POSTED BY SNOOFY

You aren't saving for retirement ...

#23 | Posted by AndreaMackris at 2019-09-13 03:00 PM | Reply

Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

^
Yet another reason the stock market is not reflective of the average American's economic status.

#24 | Posted by snoofy at 2019-09-13 03:02 PM | Reply

Yet another reason the stock market is not reflective of the average American's economic status.
#24 | POSTED BY SNOOFY

*yawn*

#25 | Posted by AndreaMackris at 2019-09-13 03:03 PM | Reply

Hope you start saving for retirement Snoofy ...

Have great day.

#26 | Posted by AndreaMackris at 2019-09-13 03:04 PM | Reply

Hope you emerge from your cocoon and become a butterfly before it's too late.

#27 | Posted by snoofy at 2019-09-13 03:09 PM | Reply

If you are older you are watching it more, as your concern is around retirement.

Are you planning on cashing a bunch of your portfolio in?

Because that's the only reason I could see these 4-6 month cycles being a good thing.

#28 | Posted by jpw at 2019-09-13 03:33 PM | Reply

Andrea, a mattress linked to this:
"U.S. Stock Ownership Down Among All but Older, Higher-Income"
news.gallup.com

Meanwhile, Andrea, a mattress thinks Millenials are just lazy:
"45 Percent of Millennials Say That Living Costs Hold Them Back From Buying Homes" www.newsweek.com

Because Andrea, a mattress lives in a bubble.

#29 | Posted by snoofy at 2019-09-13 03:41 PM | Reply

Mom...make me a retirement plan!

-Snoofy from Mom's basement

#30 | Posted by Rightocenter at 2019-09-13 11:35 PM | Reply | Funny: 1

Yet another reason the stock market is not reflective of the average American's economic status.
#24 | POSTED BY SNOOFY AT 2019-09-13 03:02 PM | FLAG:

Yet another reason to be investing in the market : )

#31 | Posted by MSgt at 2019-09-14 02:08 PM | Reply

"Depends whether you think the average person has a pension plan, 401k, or IRA"

If you think the average person has a pension plan, you are deeply out of touch with America. By about half a century.

#19 | POSTED BY SNOOFY AT 2019-09-13 02:39 PM | FLAG: Snoof, I mentioned all three and if you consider all the them together I would be that would be 'average'. But of course you just cherry picked 'pensions' to 'sorta' make a [blunt] point.

#32 | Posted by MSgt at 2019-09-14 02:11 PM | Reply

Guess where most of these are invested:

Annual figures from the Bureau of Labor Statistics help paint a picture of the number of Americans who participate in a retirement plan at work. Typically in any year only half of workers participate in a retirement plan at work. In 2017 participation by all civilian workers, full and part-time, was 54 percent.Jul 15, 2019
How many American workers participate in workplace ...

www.pensionrights.org publications statistic how-many-american-

Annual figures from the Bureau of Labor Statistics help paint a picture of the number of Americans who participate in a retirement plan at work. Typically in any year only half of workers participate in a retirement plan at work. In 2017 participation by all civilian workers, full and part-time, was 54 percent.Jul 15, 2019
How many American workers participate in workplace ...

www.pensionrights.org publications statistic how-many-american-

#33 | Posted by MSgt at 2019-09-14 02:14 PM | Reply

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