Sequester hits the Dow

[Anonymous]

If the gov stopped buying bonds the rates would skyrocket. We are buying 90 percent of our own treasuries. Omg can u say "guaranteed disaster"

[Anonymous]

Anonymous wrote:If the gov stopped buying bonds the rates would skyrocket. We are buying 90 percent of our own treasuries. Omg can u say "guaranteed disaster"

This is false. It would be obvious to you if you knew the current bond yields of developed nations.

[Anonymous]

Anonymous wrote:The reason the Dow is even close to where it was 6 years ago is money printing and artificial low rates. There is nowhere else to put money. When rates rise everything will collapse. Bonds/ stocks and the gov can't afford the interest. Money printing is here to stay until the dollar collapses.

Can you point to any articles discussing "money printing" in the last couple of years?

Note: I'm not suggesting that there has or hasn't been money printing, by which I assume you mean the Fed or whoever is responsible authorizing new currency. I really don't know one way or the other and I'm genuinely interested to learn about this subject.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The reason the Dow is even close to where it was 6 years ago is money printing and artificial low rates. There is nowhere else to put money. When rates rise everything will collapse. Bonds/ stocks and the gov can't afford the interest. Money printing is here to stay until the dollar collapses.

But we can prevent that by cutting taxes on the rich, right?

When did we cut taxes on the rich?

[takoma]

Back to the original topic, have you noticed that the Dow is at an all-time high?

[Anonymous]

Dow is even higher to today.

Maybe the "snowquester" or the fact that they are no longer giving White House tours is giving it a bump up.

[Anonymous]

The DOW is even higher today! The sequester has been devistating so far...

[Anonymous]

takoma wrote:Back to the original topic, have you noticed that the Dow is at an all-time high?

What happens to the levels when you adjust for inflation?

[Anonymous]

Anonymous wrote:

takoma wrote:Back to the original topic, have you noticed that the Dow is at an all-time high?

What happens to the levels when you adjust for inflation?

Ding ding ding ding....winner.

And what happens if we stop printing money and have to sell treasuries to actual buyers.

[Anonymous]

Here's a good article about how not so great this record high is: http://buzz.money.cnn.com/2013/03/05/dow-record-economy/

I enjoyed this bit:

"The last time the Dow peaked, AIG (AIG), GM (GM), Honeywell (HON), Altria (MO) and Citigroup (C) were in it. They've since been replaced by Cisco (CSCO), Chevron (CVX), UnitedHealth (UNH), Travelers (TRV) and Bank of America (BAC). Comparing today's Dow to the 2007 make-up is like arguing whether the 1998 New York Yankees could beat the 1927 Bronx Bombers. Fun debate. But mostly pointless."

[Anonymous]

Why am I sure you would be celebrating this if Romney were in the White House?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The reason the Dow is even close to where it was 6 years ago is money printing and artificial low rates. There is nowhere else to put money. When rates rise everything will collapse. Bonds/ stocks and the gov can't afford the interest. Money printing is here to stay until the dollar collapses.

But we can prevent that by cutting taxes on the rich, right?

When did we cut taxes on the rich?

I was referring to the one and only fiscal policy ever posited by the GOP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

takoma wrote:Back to the original topic, have you noticed that the Dow is at an all-time high?

What happens to the levels when you adjust for inflation?

Ding ding ding ding....winner.

And what happens if we stop printing money and have to sell treasuries to actual buyers.

If you do that, then you should add back dividends and then Obama wins again.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

takoma wrote:Back to the original topic, have you noticed that the Dow is at an all-time high?

What happens to the levels when you adjust for inflation?

Ding ding ding ding....winner.

And what happens if we stop printing money and have to sell treasuries to actual buyers.

If you do that, then you should add back dividends and then Obama wins again.

Nice try . Dividends in the Dow average 1/3 of a percent.

[Anonymous]

....and are taxed.