Ok, another one without too much discussion. Despite who you may be voting for, who do you think will win?
Whoever gets the most electoral votes will win.
We need another four years like the last. Obama.
The candidate with the fewest hanging chads.
If the stock market hits 26K in four, sign me up!
the thought of the stock market hitting that in that short a time is scary. im not sure the market could be stable with that big a rise that short in time. im not a market analyst but it seems to me that "boom and bust" isnt good for the economy.
Hard to say. If it went up "normally" from the 10K or so it was when GW started his term......say, 8% a year, it would be well over 30K by the end of the next term. It's hard to realize how bad the crash was......we basically lost an entire decade or more.
I suspect that the stock market is not as closely tied to "our" success as before - because a worldwide market now exists for most all products.
Also, it seems the boom and the bust - have already happened. If we revert to the norm....that is somewhere about 8% growth in the stock market for the last century. If we scale that back a bit to 7% because of low inflation.....and then take a walk back to 1997 or so, before the dot-com boom was too crazy, we'd have something like this:
Stock market 1997 - 5,000
with 7% moving forward - today - 13,875
with 7% for another 4 years - 18000+
So it would seem that a very conservative number of 18-20K would not fall into a bubble situation. If we used the average of 8% plus from back then, we'd be at 22K - and, remember, that's taking the dot-com and housing and credit bubbles out of the picture.
Who knows? We could lose two decades.....this was a historic crash and the fact that the government is not working together to solve it hurts the recovery.
I'm hoping for the unlikely tie scenario.
House would vote Romney in and then Joey could be the tie breaking vote on the senate floor - for himself of course
i'd love to see the dow at about 18K in 4 years but at 26 i'd be scared it would drop like a rock again when one of the "cards" fell out
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