Quote:
Originally Posted by wildthing
If we back out the 10 big gainers this year, the S&P 500 actually down.
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The breath of winners to losers is more important. Which would indicate that many on the SP 500 are up or down fractionally. After the big gains since the end of 2016 is that a surprise? Consolidation?
The fact that the SP 500 is "actually" down is a reflection that things ain't so swell out there in the hinterland.
My ongoing take is that this "robust economy" stuff is window dressing and that the reality out there for Joe Main Street is pretty tough. Not a fking thing has been fixed or changed. The trajectory remains the same.
When BO was around it was the Liberals that I had to contend with while the Cons cheered me on. Now the shoe is on the other foot with Trump and it is the Cons that I have to contend with while the Liberals cheer. The problem is that neither side is playing with a full deck, in that they subscribe economic performance to which side is in office.
What I keep getting at is that the economy (market performance) has a life of it's own which is moved by bigger forces (it is an unseen world that you can not quantify and is beyond the 5 senses) than what meets the eye. Politics has become only one facet of the ongoing dynamic. Yet nobody seems to be conscience of that fact. You Boyz persist with your simple minded delusions, and may God help anyone who try's to disuade the herd from them.