bikerboy1951
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« on: November 27, 2019, 08:45:23 AM » |
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I watch ABC and NBC national news every night. I don't agree with their politics but they do run other stories also which I find interesting. Neither network has reported on the stock market for at least the past couple of months. The stock market is at all time highs. New records are set almost every day. The value of the stock market since President Trump took office has increased over 11 trillion dollars. And never a word on something that is newsworthy. But then that doesn't fit what they are trying to portray. A recession would be a godsend and then you can bet it would be reported each and every day. Every network whether national or cable has a bias in their reporting but some sort of balance would be nice. I learned a long time ago that not everything is bad and not everything is good. Report that facts and let the people decide.
Brad
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J.Mencalice
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Posts: 1850
"When You're Dead, Your Bank Account Goes to Zero"
Livin' Better Side of The Great Divide
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« Reply #1 on: November 27, 2019, 09:45:56 AM » |
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I watch ABC and NBC national news every night. I don't agree with their politics but they do run other stories also which I find interesting. Neither network has reported on the stock market for at least the past couple of months. The stock market is at all time highs. New records are set almost every day. The value of the stock market since President Trump took office has increased over 11 trillion dollars. And never a word on something that is newsworthy. But then that doesn't fit what they are trying to portray. A recession would be a godsend and then you can bet it would be reported each and every day. Every network whether national or cable has a bias in their reporting but some sort of balance would be nice. I learned a long time ago that not everything is bad and not everything is good. Report that facts and let the people decide.
Brad
Try PBS with the "Nightly Business Report" if you want unbiased tracking of the markets without the slant from Fox Business or CNBC.
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"The truth is, most of us discover where we are headed when we arrive." Bill Watterson
Prudence, Justice, Fortitude, Temperance...
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old2soon
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« Reply #2 on: November 27, 2019, 10:19:32 AM » |
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My blood pressure is so danged high cuz of all the salt I consume with the "news"! RIDE SAFE.
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Today is the tommorow you worried about yesterday. If at first you don't succeed screw it-save it for nite check. 1964 1968 U S Navy. Two cruises off Nam. VRCCDS0240 2012 GL1800 Gold Wing Motor Trike conversion
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JimmyG
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« Reply #3 on: November 27, 2019, 10:46:38 AM » |
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The illusory truth effect (also known as the validity effect, truth effect, or the reiteration effect) is the tendency to believe false information to be correct after repeated exposure.[1] This phenomenon was first identified in a 1977 study at Villanova University and Temple University.[2][3] When truth is assessed, people rely on whether the information is in line with their understanding or if it feels familiar. The first condition is logical, as people compare new information with what they already know to be true. Repetition makes statements easier to process relative to new, unrepeated statements, leading people to believe that the repeated conclusion is more truthful. The illusory truth effect has also been linked to "hindsight bias", in which the recollection of confidence is skewed after the truth has been received.
In a 2015 study, researchers discovered that familiarity can overpower rationality and that repetitively hearing that a certain fact is wrong can affect the hearer's beliefs.[4] Researchers attributed the illusory truth effect's impact on participants who knew the correct answer to begin with, but were persuaded to believe otherwise through the repetition of a falsehood, to "processing fluency".
The illusory truth effect plays a significant role in such fields as election campaigns, advertising, news media, and political propaganda.
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MAD6Gun
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« Reply #4 on: November 27, 2019, 01:04:13 PM » |
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Bill Maher said not to long ago that what this country needs is a recession to get Trump out. Funny that ass would say that because he's rich enough it wouldn't hurt him. But the American economy would be destroyed.
In my opinion this is like wanting the airplane you're on to crash because you hate the pilot.
What I want to know is what kind of brainless twit would vote for the likes of Berney who has said your taxes are going to go up if he wins. Who wants this?
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Oss
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Posts: 12616
The lower Hudson Valley
Ossining NY Chapter Rep VRCCDS0141
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« Reply #5 on: November 27, 2019, 03:11:23 PM » |
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people who do NOT pay taxes
Our young people many of whom have zero knowledge of even recent global history, let alone the bloodletting of Russia and China in the "name" of socialism or communism
We should have all kids with this mind set spend some time in a truly socialist or communist country so they can see the ghost of Christmas future is not what they would expect
Kids who have never grown up without air conditioning, expecting a participation award and instant gratification and who have never been truly wanting for basics of survival are ill equipped to deal with the crap they hear in college campus, from social media.
All I could do to teach my kids and thankfull they understand and know this is BS
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« Last Edit: November 27, 2019, 03:13:14 PM by Oss »
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If you don't know where your going any road will take you there George Harrison
When you come to the fork in the road, take it Yogi Berra (Don't send it to me C.O.D.)
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MAD6Gun
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« Reply #6 on: November 27, 2019, 06:15:43 PM » |
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people who do NOT pay taxes
Our young people many of whom have zero knowledge of even recent global history, let alone the bloodletting of Russia and China in the "name" of socialism or communism
We should have all kids with this mind set spend some time in a truly socialist or communist country so they can see the ghost of Christmas future is not what they would expect
Kids who have never grown up without air conditioning, expecting a participation award and instant gratification and who have never been truly wanting for basics of survival are ill equipped to deal with the crap they hear in college campus, from social media.
All I could do to teach my kids and thankfull they understand and know this is BS
Well said Even.....
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Pappy!
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« Reply #7 on: November 28, 2019, 12:13:50 PM » |
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people who do NOT pay taxes
Kids who have never grown up without air conditioning, expecting a participation award and instant gratification and who have never been truly wanting for basics of survival are ill equipped to deal with the crap they hear in college campus, from social media. Am a firm believer this has been fully planned out in our educational system for a long time now. (Too many) Kids today truly have no clue.
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Savago
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« Reply #9 on: March 03, 2020, 02:43:13 PM » |
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Sorry for bringing a dead thread back to life, but I hope that people with 401K/stocks made the proper changes to avoid exposure to risk as I've suggested. I did so back in early December and I'm weathering the stocks down movement just fine. 
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crow
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Posts: 488
Toujours Pret
Citrus Co Fla
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« Reply #10 on: March 03, 2020, 04:55:20 PM » |
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Don't know about NBC, but ABC, reports the NYSE and the NASDAQ close every single night!
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dont write a check with your mouth,
that your ass cant cash
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Davemn
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« Reply #11 on: March 05, 2020, 03:10:17 AM » |
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Sorry for bringing a dead thread back to life, but I hope that people with 401K/stocks made the proper changes to avoid exposure to risk as I've suggested. I did so back in early December and I'm weathering the stocks down movement just fine.  The S&P 500 was at 3176 on 12-1-19 Yesterday it closed at 3129.
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Oss
Member
    
Posts: 12616
The lower Hudson Valley
Ossining NY Chapter Rep VRCCDS0141
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« Reply #12 on: March 05, 2020, 04:18:22 AM » |
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S&P was at 2164 on Nov 1 2016 before the country put our Potus in office it is at 3130.12 right now about 50 per cent higher
What is your point Dave?
Daily Market corrections are historical and can result from institutional profit taking, speculation and manipulation by large traders with agendas (such as the silver fiasco)
Bottom line is the market is up and up big
Most every 401k is up big from comrade Obama's tenure
Unless you are in gold you are likely to be doing well
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If you don't know where your going any road will take you there George Harrison
When you come to the fork in the road, take it Yogi Berra (Don't send it to me C.O.D.)
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Davemn
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« Reply #13 on: March 06, 2020, 06:36:28 AM » |
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S&P was at 2164 on Nov 1 2016 before the country put our Potus in office it is at 3130.12 right now about 50 per cent higher
What is your point Dave?
Daily Market corrections are historical and can result from institutional profit taking, speculation and manipulation by large traders with agendas (such as the silver fiasco)
Bottom line is the market is up and up big
Most every 401k is up big from comrade Obama's tenure
Unless you are in gold you are likely to be doing well
My posts get flagged and deleted for some reason. You make reference to Comrade Obama ....I guess that’s ok. My point was that the market was only down slightly since all this coronavirus stuff started. I’m aware that’s it’s very volatile. During the first 3 years of their presidencies, both Clinton and Obama had better market returns than Trump. The Clinton years were particularly good if you recall. You should all stop crowing about Trumps stock market. Disclaimer: I didn’t vote for ANY of the aforementioned names above.
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