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| To borrow from from Joe Biden | |
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| Tweet Topic Started: Jun 21 2018, 03:32 AM (54 Views) | |
| Pat | Jun 21 2018, 03:32 AM Post #1 |
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Fire & Ice Senior Diplomat
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https://www.washingtonexaminer.com/opinion/general-electric-poster-child-of-obamanomics-dropped-from-the-dow-jones-index "Well, this is big government" GE one of the founding members of the DOW index has been dropped. Obamanomics were followed the the companies grave. |
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| Brewster | Jun 21 2018, 03:38 AM Post #2 |
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Fire & Ice Senior Diplomat
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I'm sure you're correct - it was all Obama's fault. It is odd, though, how it happened a year and a half into Trump's watch. Edited by Brewster, Jun 21 2018, 03:38 AM.
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| Pat | Jun 21 2018, 03:43 AM Post #3 |
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Fire & Ice Senior Diplomat
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It's not Obama's fault Brew, it's GE's fault for jumping on board. It takes awhile for a large conglomerate to collapse. Consider a King Kong giant, shoot them in the heart at 3PM and it takes some time to hit the canvas. Same in this case. |
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| Sea Dog | Jun 21 2018, 03:48 AM Post #4 |
Fire & Ice Senior Diplomat
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That is why I pay no attention to the Dow. Each time a company falters, it is removed to keep the numbers looking good. |
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| Stoned | Jun 21 2018, 04:21 AM Post #5 |
Fire & Ice Senior Diplomat
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As if no other companies were ever displaced on the DJIA https://en.wikipedia.org/wiki/Historical_components_of_the_Dow_Jones_Industrial_Average |
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| Pat | Jun 21 2018, 06:14 AM Post #6 |
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Fire & Ice Senior Diplomat
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I won the bet, I forecast none of you would deal with the story line. I love free lunches. |
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| Berton | Jun 21 2018, 06:16 AM Post #7 |
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Thunder Fan
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