In response to:
"equity markets... predict the economy by about 6-9 months. Which means FOOL (emphasis mine)....that when Obama won the nomination May 2008 AND IT LOOKED LIKE HE'D WIN (emphasis mine),..the market already factored that in"
Does your husband know you're playing with his laptop, maryanne24? Because he'd probably slap you around for embarrassing him.
"the market was at 14000 in May 2008. where is it now? NOWHERE!"
Yea, Obama CAUSED the global recession. And DJIA at13,000 is "NOWHERE".
YOU-ARE-AN-IDIOT! (And that's being as gentle as possible)
"My husband is a partner at a Wall Street firm"
And you are the "little woman" who washes his soiled underwear.
Since most of the data in post-election polling has offered little beyond a parade of ugly news, here's a glimmer of hope from Gallup:
For the first time in Gallup trends since 2000, a majority of Americans say it is not the federal government's responsibility to make sure all Americans have healthcare coverage. Prior to 2009, a majority always felt the government should ensure healthcare coverage for all, though Americans' views have become more divided in recent years...Republicans, including Republican-leaning independents, are mostly responsible for the drop since 2007 in Americans' support for government...
"when Obama won the nomination May 2008 and it looked like he'd win presidency,..the market already factored that in"
YES, you wrote that!
Hey maryanne24, do you need a wheel barrow to carry around your giant brass balls?
YOU-ARE-AN-IDIOT!
An IDIOT with GIANT BRASS BALLS!
Now go get your hubby to defend you... (don't worry, I know he won't).
Anyway, Obama diode not cause the global recession but you can't give hiom credit for doubling the DOW!! That is simply not true. Don't get me started on the S&P.
Yes, it may be true the market increased 39% as one of you said from Jan 2009 to present...which is 10% peryear, btw...still a great rate of return but that was after the market dropped.
I can't debate this with you guys because it is more than true that you don't get the stock market. Hey most people really don't understand the complex factors that cause the market to move and anticipate outcomes.....