DOW record

[farming101]

The DJIA set a 123 year high today. Ho Hum

[ajl]

The US stock market is helping me stay on the farm though 4 disappointing years in a row and keeping many seniors in pension these. How long till its over nobody knows. Like the farmland market it has gone higher and lasted longer than I expected.

[errolanderson]

It is still an expansion only because it has been fueled by leverage.

The record-breaking U.S. stock market is now a zombie market (IMO). Many companies simply would not exist without cheap money. Also, equity markets are simply being dictated by money flow. It is not led by actual healthy returns and strong GDP growth. Next round of corporate earnings released may be an eye-opener for investors. The U.S. now appears sliding into recession with a ballistic acceleration in public debt.

But Trump’s re-election may depend on the stock market holding-up into 2020. He appointed two dovish governors this week to battle Powell on consequences of economic reality.

[grassfarmer]

Warning signs.

http://www.ft.com/content/a3226476-9dc7-11e9-b8ce-8b459ed04726 http://https://www.ft.com/content/a3226476-9dc7-11e9-b8ce-8b459ed04726

[Oliver88]

The DJIA set a 123 year high today. Ho Hum

Closed at 26994 yesterday.
Interesting how wrong CNN and other Trump hating media were with their prediction about the Dow tanking after Hillary lost the election.
It closed at 18,332.74 on November 8, 2016.

[furrowtickler]

But but Trump is soooooo bad according to CNN and MSNBC and Rachel Madcow !!!!!!!!!!!

[Guest]

Well the whole world is wrong
Stupid bugers all wanna invest in the USA with trump running it , go figure ?

[Ache4Acres]

It is still an expansion only because it has been fueled by leverage.

The record-breaking U.S. stock market is now a zombie market (IMO). Many companies simply would not exist without cheap money. Also, equity markets are simply being dictated by money flow. It is not led by actual healthy returns and strong GDP growth. Next round of corporate earnings released may be an eye-opener for investors. The U.S. now appears sliding into recession with a ballistic acceleration in public debt.

But Trump’s re-election may depend on the stock market holding-up into 2020. He appointed two dovish governors this week to battle Powell on consequences of economic reality.

Errol, can’t the same be said of most large farms and farmland in Canada? Most would not exist in current state or at current prices without all the cheap money. Trump is pushing for more punch in the punch bowl with lower rates and more money printing. Quite the. Tweet from
Him

[biglentil]

The bubble must be kept inflated at all cost. Years of artificially low interest rates and QE has lead to massive misallocation of capital. It is quite the monetary experiment we are living in, unfortunately it never ends well.

[beaverdam]

The bubble must be kept inflated at all cost. Years of artificially low interest rates and QE has lead to massive misallocation of capital. It is quite the monetary experiment we are living in, unfortunately it never ends well.

You're so right.
There was a fork in the road years ago, One direction was to take responsibility for poor financial policy and face the reality of government promises of free this and free that,(to assure re-election) but not tax the population enough because they would never get elected in the first place.
The other fork direction, was to stick fingers in your ears chant lalalalalalalala, not care about debt, in fact get elected by campaigning for even more debt. We all know which fork direction global governments took.

[helmsdale]

Party on!

[malleefarmer]

Artificially low interest rates?? Not sure the world, consumers bussiness and moms and dads could handle the alternative?

Just asking.

Rates got cut by reserve bank of australia to 1% a few weeks back.

People have to borrow and spend sadly not happening with low interest rates and definately wouldnt happen with higher rates.

Im no economist far smarter guys on here than I