Utopia Talk / Politics / Trump post election stock market rally

murder Member	Mon Dec 30 08:51:07 Seems to have gone kind of flat. Is he still taking credit for the market, or is this Biden's market now? :o) -
Rugian Member	Mon Dec 30 08:55:43 Yeah I gave back all my November gains this month. Down ~3% for December.
Rugian Member	Mon Dec 30 08:56:40 Oh I didn't even see the Dow this morning. Might end up being somewhat higher than 3% :(
Rugian Member	Mon Dec 30 08:57:29 "Stocks moved lower on Monday in one of the last few trading sessions of 2024, potentially putting a sour ending on a banner year for investors. The Dow Jones Industrial Average shed 617 points, or 1.4%. The S&P 500 lost 1.5%, and the Nasdaq Composite slid 1.6%. There was no apparent news catalyst for Monday’s decline and trading was expected to be light given the shortened week." Thanks stock market.
Nimatzo iChihuaha	Mon Dec 30 09:23:03 Pretty sure that just as the planets align each year, in december the market goes down because it is the end of the fiscal year and people cash out for various reasons.
murder Member	Mon Dec 30 09:29:17 Not really. Check out last December. Stocks in December are up, down, flat, depending on the year.
murder Member	Mon Dec 30 09:31:17 This is either ... 1. the fed lowering rates slower than investors anticipated. 2. Trump threatening the security of our neighbors, and threatening the rest of the world with tariffs. 3. both -
Nimatzo iChihuaha	Mon Dec 30 09:34:04 We all should have a fact checker :-)
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