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U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by JustRight
From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by kevwr1962
JustRight wrote: ↑Tue Jun 30, 2020 3:04 pm
From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
Well, that will piss off some people on the left. I don't know how or why, but it will.
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by Joepyeweed
It’s typical to have record gains right after record losses.
The stock market recovered from the huge losses in March. It is up about 10% since January. So the future Indicators are looking good.
So what to do about the unemployment rate. Will that bounce back as quickly as the stock market? As virus cases numbers Continue to rise, I am concerned the Unemployment rate is not going down any time soon.
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by JustRight
kevwr1962 wrote: ↑Tue Jun 30, 2020 4:30 pm
JustRight wrote: ↑Tue Jun 30, 2020 3:04 pm
From the Wall Street Journal:
“ The S&P 500 is on track to finish the quarter up 19% at 3077, while the Dow Jones Industrial Average is up 17% at 25670. Both benchmarks are poised for their biggest percentage gains since the fourth quarter of 1998.”
Well, that will piss off some people on the left. I don't know how or why, but it will.
Looks like you called that right!
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by Pock
Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by JustRight
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Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by JustRight
Pock wrote: ↑Tue Jun 30, 2020 6:23 pm
Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
Then NOW is the time for you to be investing as aggressively as possible.
You won’t regret it.
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by Pock
JustRight wrote: ↑Tue Jun 30, 2020 7:00 pm
Pock wrote: ↑Tue Jun 30, 2020 6:23 pm
Maybe it's my age but the stock market is out of sight out of mind. Don't get me wrong, I'm betting on it big with my retirement but that's still decades away.
Then NOW is the time for you to be investing as aggressively as possible.
You won’t regret it.
You've over taken the top poster trophy!
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by Joepyeweed
Bragging about record gains in the stock market while the unemployment rate is approaching 15% is a “let them eat cake” statement. The pitchforks come next.
Re: U.S. stocks see best quarter since 1998
Posted: Mon Dec 11, 2023 5:30 pm
by JustRight
Joepyeweed wrote: ↑Tue Jun 30, 2020 10:30 pm
Bragging about record gains in the stock market while the unemployment rate is approaching 15% is a “let them eat cake” statement. The pitchforks come next.
I’ve been off PeoriaDotCom for a while. I guess I missed it when you were bragging about record-low unemployment.