Djia closes above 40000 (user search)
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May 20, 2024, 04:06:40 PM
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  General Politics
  Economics (Moderator: Torie)
  Djia closes above 40000 (search mode)
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Poll
Question: Will the djia hit a new high before 1/1/2024?
#1
yes
 
#2
no
 
Show Pie Chart
Partisan results

Total Voters: 25

Author Topic: Djia closes above 40000  (Read 9575 times)
Torie
Moderator
Atlas Legend
*****
Posts: 46,089
Ukraine


Political Matrix
E: -3.48, S: -4.70

« on: August 20, 2022, 08:50:52 AM »

Well the market is about halfway to its previous high in the two months or so since the question was posited. Market predictions deviating from the expected rate of return are largely a fool's errand in my opinion. I just don't go there. I stay the course.

But there can be variations on a theme. When you could get 30 year fixed rate mortgages at 2% that was a fantastic bargain, albeit involving some subsidies via fannie mae or whatever it is called buying the damn things if conforming.
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