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Topic Title: Took a whole month before D. Joe's first market correction.
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Created On: 03/04/2021 12:49 PM
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 03/04/2021 12:49 PM
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tpapablo

Posts: 34516
Joined Forum: 07/25/2003

Good job, D. Joe.

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I :heart; Q
 03/04/2021 01:09 PM
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surferclimber

Posts: 1248
Joined Forum: 01/23/2011

Buying opportunity?

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get up early and go surf - it'll make that hangover go away and/or make the workday more tolerable :)

 03/04/2021 02:40 PM
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crankit

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Gas prices up, groceries up--wages down, market down, outlook down!

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"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same."
 03/04/2021 06:39 PM
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Cole

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Biden is repairing the economy and that is causing fears of inflation.

Food prices have been rising at over-the-top rates since Trump's trade war began.

OPEC controls the price of oil, but a stronger world economy will cause gas prices to rise due to more consumption.

Trump sucked and took the world down with him. Biden with bring back the sun and all of our wallets will celebrate.

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So long and thanks for all the fish.
 03/05/2021 04:00 AM
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wtf

Posts: 5565
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Originally posted by: crankit

Gas prices up, groceries up--wages down, market down, outlook down!

Yup - all thanks to trump. Time to fix the garbage. Market always goes up during D admins and down during R's


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The Biden admin has more accomplishment in 2 months than trump could muster in 48 months. trump basically quit - he' a loser that bankrupts/fails everything he touches.
 03/05/2021 04:54 AM
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RustyTruck

Posts: 26024
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Capitalism is fundamentally unstable. It collapses about every ten years and has to be propped up, usually paid for by middle class workers.

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This use of “communism” to mean anything perceived as antithetical to white, conservative christianity, rather than communism in a Marxist sense is quite old. It’s coherent in its own right wing context, but sounds very stupid outside of it.
 03/05/2021 05:12 AM
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Cole

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Investors hear of rate hikes and the bail. The tail wags the dog. Perhaps a correction is a good thing.

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So long and thanks for all the fish.
 03/06/2021 12:25 PM
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Fish Killer

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Gas prices up, groceries up--wages down, market down, outlook down!

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 03/06/2021 12:45 PM
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Cole

Posts: 51248
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30,930.52 the day Trump left office.

31,496.30 as of Friday the 5th of March.

Liars are gonna lie.

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So long and thanks for all the fish.
 03/06/2021 01:09 PM
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Cole

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The outlook is up.

http://www.cbo.gov/publication/56965

Liars are gonna lie.

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So long and thanks for all the fish.
 03/06/2021 01:12 PM
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Cole

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A bad president caused food prices to rise. Thanks Trump.

http://www.eater.com/22313210/...rices-around-the-world

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So long and thanks for all the fish.
 03/06/2021 01:15 PM
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Cole

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Oil costs reflected in the likely hood of a new dawn under Biden.

Oil prices rise to highest in a year on U.S. growth optimism, crude supply restraint

http://www.reuters.com/article...estraint-idUSL4N2KB0J7

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So long and thanks for all the fish.
 03/07/2021 08:59 AM
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Fish Killer

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Oil prices rise due ONLY to Biden's disastrous control of the US oil industry!

Gas prices up, groceries up--wages down, market down, outlook down....ALL due to BIDEN!

FACT!

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 03/08/2021 05:17 AM
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Cole

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I just showed you the exact reasons, Biden has no control over the oil industry, zero.

Wages aren't down. Markets aren't down. Outlook isn't down Those are all lies concocted by you. Liar.

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So long and thanks for all the fish.
 03/08/2021 05:35 AM
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Fish Killer

Posts: 50870
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Originally posted by: Cole

I just showed you the exact reasons, Biden has no control over the oil industry, zero.


LIAR!

When WE were energy independant...ie: we EXPORTED more oil than we IMPORTED....we had extremely MORE leverage as to the price of crude on the world market!

Because Biden shot our oil production in the HEAD and we now do NOT produce more oil than we consume....BIDEN has turned control of the price of crude BACK to the Arabs!

YOU ARE STUPID AS A BOX OF ROCKS!

MORON!

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 03/08/2021 05:38 AM
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Cole

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Damn dude, really? You actually think Biden told the US oil industry to shut down and they complied, so OPEC rules once again?

What fucking planet do you live on? lol

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So long and thanks for all the fish.
 03/09/2021 03:54 PM
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Cole

Posts: 51248
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Does Biden back the oil industry?




P.S.http://www.marketwatch.com/sto...-pull-back-11615293246

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So long and thanks for all the fish.
 03/10/2021 11:29 AM
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surfsail

Posts: 3682
Joined Forum: 07/28/2003

The stock market is not the real economy for the averajge Joe. Average Joe own's no stock. He would love it if the capital gains tax rate on went uo to 90%.. Help towards 'balancing the budget'. Personaly I wouldn't groan if the Dow literally went down to 2,000 (not 20,000) overnight.. "Easy come - easy go". If you got money to invest (gamble), you got money you don't mind losing.

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"Just because you are paranoid does not mean that they are not after you" - Catch 22
 03/10/2021 12:46 PM
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tpapablo

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Originally posted by: surfsail The stock market is not the real economy for the averajge Joe. Average Joe own's no stock. He would love it if the capital gains tax rate on went uo to 90%.. Help towards 'balancing the budget'. Personaly I wouldn't groan if the Dow literally went down to 2,000 (not 20,000) overnight.. "Easy come - easy go". If you got money to invest (gamble), you got money you don't mind losing.
You wouldn't groan, huh? Know any people who went through the great depression? Ask them if they minded that stock market crash? Man, the economic ignorace on this forum is epic. Speaking of which, 55% of adult Americans own stock. So the average Joe does own stock.

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I :heart; Q
 03/10/2021 01:21 PM
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surfsail

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Older white americans who have decent incomes, own their homes etc own a lot of stock, and the pecentage in stock ownership, in one form or another, has increased over the last few decades, but it is still largely the domain of 'white priveledge'. There is a lot of excess 'disposable income' floating around nowadays and those with can afford to risk buying stock. See so much 'stupid money' being spent nowadays it isn't funny - Amplifies the stark difference between the 'haves' and 'have nots' - and also shows why the top tax rates need to be upped substiantially. The average 'white person' is not the 'Average Joe'; Many 'Average Joes' prob don't even have a savings account - and have shitty way overpriced health insurance - really think they can 'buy stock' .. Any minor hiccup screws them financially.

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"Just because you are paranoid does not mean that they are not after you" - Catch 22
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