Democrats Livid as Historic Recovery Begins –
Market Increase Since March Is
Greatest Ever!
Gateway Pundit,
by
Joe Hoft
Original Article
Posted By: Imright,
6/3/2020 10:08:13 AM
Shhh – the MSM is not reporting this but the greatest economic recovery in US history rages on. The DOW is now up more than 7,000 points since March’s low. This is the largest increase in this amount of time in history!This is record breaking. The DOW is up more than 7,000 points in the last two months. The increase is record shattering as the DOW has never gone up more in a two month period.Liberals cheered as the markets plummeted in February and March after reaching another all-time high on February 12, 2020, of 29,551. They were praying for a depression or recession
Reply 1 - Posted by:
Lawsy0 6/3/2020 10:20:16 AM (No. 430738)
It is so good for my heart rate and blood pressure to giggle first thing in the morning. Thanks, Joe Hoft. More coffee, anyone?
13 people like this.
There are many whose portfolios have not recovered. It all depends what one holds. I expect another shot at crashing the market...like that second wave of COVIDS just to "show us" how wrong we all were in seeing normalcy. It is very clear that the "establishment" is pitching kitchen sinks at PDT with growing frequency and ferocity. This day-after-day crisis is not ending until November, earliest.
7 people like this.
Reply 3 - Posted by:
msjena 6/3/2020 10:30:41 AM (No. 430756)
The markets always react early. Investors see things improving and want to get in while prices are still relatively low. Interesting that the protests seem to have had no effect.
11 people like this.
Reply 4 - Posted by:
Strike3 6/3/2020 10:32:41 AM (No. 430757)
Unless you have stock in Macy's, Target or BLM T-shirts, you are smiling this morning. As hard as they are attacking Donald Trump, the dirty, delusional democrats can not bring America down.
15 people like this.
Reply 5 - Posted by:
snowoutlaw 6/3/2020 10:40:00 AM (No. 430770)
I was buying March 23rd while most were selling. I try to buy when panic is at its peak but when to sell is harder to figure.
8 people like this.
Reply 6 - Posted by:
John C 6/3/2020 11:01:55 AM (No. 430801)
From my Econ 101, a few years back: Bulls and Bears can make money. Pigs never do.
7 people like this.
Reply 7 - Posted by:
planetgeo 6/3/2020 11:06:50 AM (No. 430812)
“If you strike me down, I shall become more powerful than you can possibly imagine.”
- Obi-Trump Kenobe
15 people like this.
Reply 8 - Posted by:
kdog 6/3/2020 11:08:27 AM (No. 430816)
The first Wednesday of November is going to be fantastic! COVID 19 will become like every other virus in history, rioting will be over and arrogant liberals ranging from Pelosi all the way down to the petty social media trolls constantly blaming Trump for everything ... will be in tears.
12 people like this.
Reply 9 - Posted by:
DVC 6/3/2020 11:17:24 AM (No. 430828)
This is really good news, and is what I have been expecting, but you never can be totally certain. People will be getting back to work, and companies will be rapidly recovering from this damned flu shutdown. Regardless of the craziness and looting in the big Dem cities, we are not really past this virus yet, but we will get past it, and the economy will recover. And I think that customers demanding that companies start pulling business out of China will be very good for US companies and US jobs. I have talked to many folks who say that if they have a choice, "Made in China" will not be chosen in the future.
I carefully selected a few companies that I have confidence in their good business practices in the past, and who were beaten down unfairly by this Wuhan virus. In April I bought stocks of a few companies that I thought would recover very well over the next year or so. So far, they are up 23% in about 6 weeks.
Several of these stocks were purchased for half of what they were selling for in late February, so they have the realistic potential to double from what I paid over the next year, if they just go back to where they were. People freak out and run away when the market plunges, but if there is no real underlying problem with a particular company's business, as is the case from this Wuhan flu for the companies I selected, they WILL rebound, and sooner more than later, when the "problem cause" is resolved.
This country and this economy are rebounding and will continue to rebound, even with these antifa thugs looting in the big blue cities.
6 people like this.
Reply 10 - Posted by:
Chuzzles 6/3/2020 11:18:15 AM (No. 430830)
Democrats livid that the economy is coming back? Bwahahahahahaha!! This is a great headline for today. Truly a good one. I am glad their evil is being exposed, but are enough democrats who are being terrorized in these blue run cities going to put the dots together? That is the question.
10 people like this.
Reply 11 - Posted by:
dbdiva 6/3/2020 12:38:36 PM (No. 430931)
I believe that the left has events lined up through October like airplanes on a runway. Whatever they throw at us will not work; the President knows their playbook and is 5 steps ahead of them. Nothing will stop what is set to happen to them.
Great news about the stock market!
I have been sending up many, many prayers the last few months and I'm confident they are being answered. So please make sure to thank Him; The Lord thwarted HRC from becoming President and He gave us Donald Trump. He certainly deserves our gratitude!!! He is in this with us.
5 people like this.
Reply 12 - Posted by:
cor-vet 6/3/2020 1:23:37 PM (No. 430969)
We took a big hit at the start of this scamdemic, but, while we are not all the way back to pre Wuhan times, we're getting close.
5 people like this.
Reply 13 - Posted by:
Delilah 6/3/2020 2:25:04 PM (No. 431036)
I'm back to previous worth as I took a flyer on Dow Chemical (I'd been a chemist, dealt with them, but never held their stock) at 1/2 their normal price and 10% dividend based on my basis. It's not quite back to normal but with that dividend I have no problem with that.
0 people like this.
Reply 14 - Posted by:
msjena 6/3/2020 3:18:11 PM (No. 431091)
Anyone with a brain (obviously not the Democrats) would have known the economic downturn would be temporary. It had nothing to do with true weakness in the economy. Business was down drastically in many sectors but savings were way up by people who couldn't eat at restaurants, go to the movies, get haircuts, go shopping in stores, travel to Europe or Hawaii, go to the gym, use their car for anything other than going to the grocery store (big gas savings). All of that saved up money has to go somewhere--and it's going right back into the economy once things go back to normal. It is starting already and, just like with the early concern about the virus, the market is reacting early because prices go back to pre-virus levels.
0 people like this.
Reply 15 - Posted by:
udanja99 6/3/2020 3:40:13 PM (No. 431114)
Oh, they are livid all right and that’s what’s behind some of this rioting. Russia, impeachment and Covid didn’t work so now they are using the riots to try to trash the economy in hopes of it hurting Trump. Just the opposite is going to happen and they should have learned it by now.
1 person likes this.
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