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August 13, 2022, 03:39:27 AM
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Poll
Question: Will the djia hit a new high before 1/1/2024?
#1
yes
 
#2
no
 
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Partisan results

Total Voters: 12

Author Topic: The stock market  (Read 843 times)
įįįįt
tmcusa2
Junior Chimp
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« on: June 21, 2022, 07:43:06 AM »

The all time high is 36,799.65.
Will it close above that in 2022 or 2023?
It is currently at 29888.78
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Utah Neolib
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« Reply #1 on: June 22, 2022, 10:41:00 PM »

It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.
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DT
Republican95
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« Reply #2 on: June 28, 2022, 09:41:53 AM »

Hmm, I don't expect stocks to bottom out until the Fed goes back into monetary easing mode.  Sometime during 2024 could be a possibility
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Person Man
Angry_Weasel
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« Reply #3 on: June 28, 2022, 12:20:56 PM »

It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.


Probably closer to the Saving and Loans crisis or the IT/9/11 recession?
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Utah Neolib
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« Reply #4 on: June 28, 2022, 12:38:54 PM »

It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.


Probably closer to the Saving and Loans crisis or the IT/9/11 recession?
Yeah, it reminds me of that.
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jaichind
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« Reply #5 on: June 30, 2022, 08:18:04 AM »

So far in 2022 over 50% of trading days are greater thant 1% swings.  Over the last 30 years only 2008 saw such numbers of large trade swings. 
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jaichind
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« Reply #6 on: July 01, 2022, 06:54:15 AM »

The fact that equity markets are down a lot this year is not surprising.  The fact that the equity market is down a lot AND the bond market had the worst first half of the year for a very long time is the bigger surprise.  For investors the first half of 2022 there is no place to run other than cash and that is down over 7% on a real basis due to inflation.
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