NASDAQ near record high

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  • dryheat
    Senior Member
    • Sep 2009
    • 10587

    #16
    At the time though, no one knew the economy would bounce back so soon.-

    It took ten years.
    If I should die before I wake...great,a little more sleep.

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    • Vern Humphrey
      Administrator - OFC
      • Aug 2009
      • 15875

      #17
      Originally posted by dryheat
      At the time though, no one knew the economy would bounce back so soon.-

      It took ten years.
      I think everyone knew it would bounce back -- if we got someone in the Whitehouse who cared. Our economy is far too strong to remained suppressed.

      Comment

      • Roadkingtrax
        Senior Member
        • Feb 2010
        • 7835

        #18
        Originally posted by Vern Humphrey
        I think everyone knew it would bounce back -- if we got someone in the Whitehouse who cared. Our economy is far too strong to remained suppressed.
        Well, too bad we didnt.
        "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

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        • togor
          Banned
          • Nov 2009
          • 17610

          #19
          Originally posted by Vern Humphrey
          I think everyone knew it would bounce back -- if we got someone in the Whitehouse who cared. Our economy is far too strong to remained suppressed.
          How long is the current recovery? The argument that "nobody cared" before Trump is pure bull.

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          • RED
            Very Senior Member - OFC
            • Aug 2009
            • 11689

            #20
            Originally posted by togor
            Red, one thing that stock buybacks don't do is grow the business. It sort of reflects a "terminal mindset", which is to say that the company has reached its profitable plateau. R&D spending helps the economy because it tends to be more labor intensive, looking for new and different ways to do things, before finding the next "formula" and automating the bejeezus out of it. As a stock holder myself I don't mind seeing numbers go up, but people are not wrong when they say that buybacks are not the be-all-end-all use of corporate profits.
            You are so smart!!! How many billions do you have invested in R&D? I'd bet you could buy and sell a hundred Trumps!

            You are still a rotten, hypocritical, jackass, that is trying to remake the U.S. into a communist/socialist dictatorship under a Hilliarly or Bernie Sanders.

            Come on and remind us of how Trump colluded with the Russians.
            Last edited by RED; 04-24-2019, 09:25.

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            • togor
              Banned
              • Nov 2009
              • 17610

              #21
              Geeze Red! And people lament the state of the forum because of me?

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