Glenn McCoy by Glenn McCoy

Glenn McCoy

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  1. jack75287

    jack75287 said, 1 day ago

    The bear represents down markets, maybe the bear eating the bull.

  2. wbr

    wbr said, 1 day ago

    s&p in 1 year goes up 15% then drops 7% no big surprise

  3. The Wolf In Your Midst

    The Wolf In Your Midst said, 1 day ago

    I thought the “Masters of the Universe” were supposed to be better than the rest of us. Pioneers, risk-takers, leaders of the financial world, and deserving every penny of their outsized pay. So why are we stuck in some bizarro “chaos theory” world, where a butterfly flaps its wings in Africa and the Dow drops 500 points while men wring their expensive neckties?

  4. cubefarmer

    cubefarmer said, 1 day ago

    @wbr

    Except for the part where your percentages are rather off and the S&P, like both of the other overhyped averages, are in the red for the year.

  5. mikefive

    mikefive said, 1 day ago

    @cubefarmer

    “Except for the part where your percentages are rather off and the S&P, like both of the other overhyped (sic) averages, are in the red for the year.”

    A modicum of research on your part would have shown that the S&P opened this year on Jan 2 at $1831.98 and closed today at $1941.28, up by 6% for the year. DJI is also up. Didn’t check NASDAQ.

  6. dtroutma

    dtroutma GoComics PRO Member said, 1 day ago

    If a bear just farts in the woods, the market reacts, in a panic usually. It just does what the manufactured stream media, called “news” drives them to. It doesn’t even matter how ludicrous or absurd the “fear factor” is.

  7. MangeyMoose

    MangeyMoose said, about 22 hours ago

    Why such fear, when they have such clout?
    .
    If any of you have access to the The Boston Sunday Globe, Oct 19, read the front page cover story about the clout held by FIDELITY INVESTMENTS, and how they blunted SEC recommendations which would affect their profits.
    .
    Here is one excerpt:
    “Abigail Johnson (Billionaire CEO of Fidelity) who declined a request for an interview, is a deeply private person not known for outspoken public advocacy. She has waded into politics behind the scenes. She is generous with campaign contributions, personally doling out $94,400 to Federal candidates since 2009, 85% of it to Republicans!”
    .
    This is a must-read for those who think the system is not rigged.

  8. wmconelly

    wmconelly said, about 18 hours ago

    I don’t mind Republicans. I was born and raised Republican. I voted for both Bushes. But I can’t STAND the RepubliCon Party, the party of NO-government, the party of NO voting, the party of Fox Rush Noise and the Supreme Catholic Court, the party ranks ideology above science and logic.
    -
    When the RepubliCons become Republicans again, maybe McCoy will let me know. Until then I’ll be voting AGAINST obfuscation, do-nothingism, unending war, anti-science and anti-education.
    -
    The Stock Market? The Stock Market LOVES Obama. Look at ANY chart dating back to his inauguration: up up and away. The stock market fear now is the RepubliCons winning the Senate and shutting down MORE of common sense government. If you actually ARE WORRIED about the stock market, DON’T vote RepubliCon. Hello? Hello, Glenn?

  9. clayusmcret

    clayusmcret GoComics PRO Member said, about 14 hours ago

    I could care less what scares the namby pambies on Wall Street today. I’m, much more concerned about what portion of the US Constitution is either being suppressed or completely ignored/rewritten this week. The WH is breeding lawlessness, the Congress is locked in a stalemate and I don’t have a clue what the US Supreme Court is doing besides making popcorn and enjoying watching the other two. What’s happening in the stock market is the least of our country’s long-term worries.

  10. Wraithkin

    Wraithkin said, about 11 hours ago

    @wmconelly

    You’re connecting two unrelated things, wm. The market took off because Obama directed Quantitative Easing to take place. Those programs (QE1, 2, and 3) are why we have overinflated prices. Interest rates have been kept low, at his administration’s behest. The Dodd-Frank regulations forced banks to hold onto more cash, making their balance sheets look more impressive, which raises the valuation on their stocks.

    All these things create an over-inflated market valuation. What we are seeing is those insane growths being brought back to reality; a market correction. Market corrections are typically 10-20% in size. Ebola, ISIS, and the ilk is not what is causing this. It’s the specter of inflation (it is happening, and going to get worse), higher interest rates (can’t keep them at 0% forever!), and the end of QE (aka easy money).

    These things were eventually going to come to pass, regardless of who was in the white house or congress. You can’t keep your monetary policy running like that forever. It should have been done years ago, but we are so deep into it now with the QE, it’s hard to extricate without yanking the rug out from under the market. Obama’s administration at the Fed has built a dependency on QE in the market. Don’t believe me, do searches.

    Look at every time they even TALK about ending QE. The market takes it on the chin. The market is hooked on the crack that is QE. It’s frustrating because this could have been avoided if they hadn’t done so many buy-ins. They didn’t need to keep interest at 0% for so long. Etc.

    And I will key in on one thing: Your statement of shutting down common sense government… we do not have anything that remotely resembles common-sense government. Proof?

    Democrats blaming Republicans for not appointing the Surgeon General nominee of Obama’s. But… the Democrats have 55 members, and only require 51 votes to approve appointments. So who really is to blame?

  11. echoraven

    echoraven said, about 8 hours ago

    @wmconelly

    Common sense government? Is that why the workforce participation rate continues to go down? Is that why minorities and youth have double digit unemployment?

  12. wbr

    wbr said, about 6 hours ago

    during the last year s&p 500 10/21/13 1744.66 hit 2011.36 9/18/14 =15.5% + //on 10/15/14= down 8%

  13. dtroutma

    dtroutma GoComics PRO Member said, about 2 hours ago

    Ah, and today we have as shooter INSIDE the Canadian Parliament Building, the market had a new target? Of course, how did Obama, the CIA, FBI, TSA, FEMA, Federal Reserve, Army, Navy, Marines, Air Force, boy scouts, and SPCA here in the good old USA allow the shooter to get through??

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