The Briefing Room

General Category => Economy/Business => Topic started by: mystery-ak on January 10, 2020, 05:45:10 pm

Title: Dow Jones Hits 29,000 For The First Time Ever
Post by: mystery-ak on January 10, 2020, 05:45:10 pm: William Davis
Reporter
January 10, 2020 12:18 PM ET

The Dow Jones hit 29,000 for the first time ever Friday as the American economy continues to boom.

The record high came the same day as the U.S. jobs report was released. The U.S. added 145,000 jobs in the month of December, while unemployment remained roughly the same at 3.5%, according to data released by the Department of Labor.

more
https://dailycaller.com/2020/01/10/dow-jones-hits-record-high-trump-obama/
Title: Re: Dow Jones Hits 29,000 For The First Time Ever
Post by: IsailedawayfromFR on January 11, 2020, 11:42:15 pm: Wonder what the odds betters are wagering it will hit 30,000?
Title: Re: Dow Jones Hits 29,000 For The First Time Ever
Post by: Free Vulcan on January 11, 2020, 11:45:04 pm: We are all going to die.
Title: Re: Dow Jones Hits 29,000 For The First Time Ever
Post by: aligncare on January 12, 2020, 01:09:43 am: I remember when the free trader critics were saying how Trumpâ€™s trade war with China was going to hurt the economy. Wrong again; Iâ€™m just not seeing it. In fact, Trumpâ€™s tough negotiating has helped.
Title: Re: Dow Jones Hits 29,000 For The First Time Ever
Post by: Gefn on January 12, 2020, 02:30:21 pm: Quote from: IsailedawayfromFR on January 11, 2020, 11:42:15 pm
Wonder what the odds betters are wagering it will hit 30,000?

Good I think. But Iâ€™m not psychic
Title: Re: Dow Jones Hits 29,000 For The First Time Ever
Post by: Free Vulcan on January 12, 2020, 09:54:14 pm: Quote from: Gefn on January 12, 2020, 02:30:21 pm
Good I think. But Iâ€™m not psychic

The market's got some room to run, I can see it breaking 30K though it may be a short term psychological barrier.

I'd say end of Feb/early March at the very latest, but probably more like late Jan/early Feb.