That's fine if you bought the DOW ETF. The Nasdaq ETF is down about -34% from its ATH.
We only gave back 1 yrs gains of a 12 yr bull mkt yet most think the Bear mkt over
- Thread starter SammyJ
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But those you call "everyone" is perhaps complicit in the same-old shenanigans. It's the same shit with only a different label. Let's face it, it isn't just corporate America that's greedy. It's everyone. You need only look around, especially on social media, and they're everywhere. Everyone is greedy these days. Shameless.
Lake Placid, FL?
Absolutely agree. This is what happens when a society abandons ethical and moral values and slides into a corrupt abyss all in the name of self agrendization and the belief that one can live life purely on one's own terms. The problem with this is that all the benefits are privatized and enjoyed by the individual but the problems and downfalls are all socialized.
The fall of Rome so to speak.
The fall of Rome so to speak.
I don't think anyone, myself included, is declaring the bear market is over. But the market rarely ever goes straight down. There will be reversals along the way down, most of them large enough to break the bank. As they say, "The market can remain irrational longer than you can remain solvent." But the truth is you're the irrational one and the market is always right.
So would that be a "Fiesta" small m mexican supermarket, because when I Google "Fiesta Mexican Supermarket" I only see the one location here in Florida. Guess I should have asked is if the one you are talking about is part of a large national or at least large regional chain?
Because being part of one increases buying power and alleviates some of rising cost pressures. If not well then prices are usually much above a big chain most of the time besides in an inflationary period like right now.
Its a chain of grocery stores in Texas. Yeah they dont have the buying power of Walmart so they cant even begin to complete with them.
Fiesta Mart - Wikipedia
The DJIA is being kept up by about 5 stocks. And uses old fashioned weightings.
2022 returns:
Caterpillar: +18%
Amgen: +21%
The Travelers Companies: +23%
Merck: +50%
Chevron: +56%
'The Travelers Companies:', never heard of this 50billion market cap stock, yet it has a much higher weighting than Apple in the DJIA.
Intel was down around 50% in 2022, but Intel has hardly any weighting at all in the DJIA, just 0.5% of the DJIA is Intel.
A few stocks in the Dow give the US stock markets an artificial bullish feeling when the broader market, S&P500, Russell, Nasdaq were down between 20% to 35% in 2022.
I just looked up the Wilshire 5000, the web says it was down -21% in 2022.
And it is quite hard to ignore the DJIA because it so widely quoted on the media and web.
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