NY Stock Exchange up 13% in 2016

[EastTexasMan]

I moved my 401k to bonds at 19,300. Figured cash in on the rise now and move it back to stocks later when it dips back down some... .hopefully at least lol

[12RingKing]

EOY 2015 DOW 17,425

Nov 4th Dow 17,888

EOY 2016 DOW 19,762

Looks like he was right!

A lot of it was the certainty that Obama would no longer be in office.

[hammer63]

I moved my 401k to bonds at 19,300. Figured cash in on the rise now and move it back to stocks later when it dips back down some... .hopefully at least lol

same here...waiting for the next drop/correction

[J Wales]

How much has the Gross Domestic Product (GDP) changed?

[Man]

How much has the Gross Domestic Product (GDP) changed?

American factories are firing up their machines as we speak!

[J Wales]

American factories are firing up their machines as we speak!

They are now, but not under Obama.

[12RingKing]

How much has the Gross Domestic Product (GDP) changed?

More than likely down quite a bit the last 8 years.

[Shane]

How much has the Gross Domestic Product (GDP) changed?

2009 GDP was $14.419 trillion
2015 GDP was $16.397 trillion

https://www.thebalance.com/us-gdp-by-year-3305543

That's a total increase in GDP of 13.72% over those 7 years (about 2% growth per year). That's sluggish growth, but it's growth. It grew because the private sector is good at finding a way. It was sluggish growth because of the added burden of big government (more taxes, Obamacare, huge growth in regulatory hassles, etc....). This has been the slowest post-recession recovery we've ever seen.

But that has meant that we haven't seen boom and bust in the stock market since 2008 too. Slow growth isn't all bad. The market has more than doubled in the last 8 years.

[12RingKing]

2009 GDP was $14.419 trillion
2015 GDP was $16.397 trillion

https://www.thebalance.com/us-gdp-by-year-3305543

That's a total increase in GDP of 13.72% over those 7 years (about 2% growth per year). That's sluggish growth, but it's growth. It grew because the private sector is good at finding a way. It was sluggish growth because of the added burden of big government (more taxes, Obamacare, huge growth in regulatory hassles, etc....). This has been the slowest post-recession recovery we've ever seen.

But that has meant that we haven't seen boom and bust in the stock market since 2008 too. Slow growth isn't all bad. The market has more than doubled in the last 8 years.

Rate of inflation is, 3% or so?

[super_dave]

Looks like he was right!



A lot of it was the certainty that Obama would no longer be in office.

Texans fan is also the same guy who told me that Delek US wouldn't make it through the oil slump. Well now they've bought ALON us refining and own 7 inland refineries.

[Shane]

Rate of inflation is, 3% or so?

That's the approximate historical average, but it averaged 1.7% between 2009 and 2015.

https://www.thebalance.com/u-s-inflation-rate-history-by-year-and-forecast-3306093

[12RingKing]

Texans fan is also the same guy who told me that Delek US wouldn't make it through the oil slump. Well now they've bought ALON us refining and own 7 inland refineries.

His speculation game is off a tad

[WItoTX]

That's the approximate historical average, but it averaged 1.7% between 2009 and 2015.

https://www.thebalance.com/u-s-infla...recast-3306093

The National Debt/Year chart really blows up in 2009.

[Shane]

2009 GDP was $14.419 trillion
2015 GDP was $16.397 trillion

https://www.thebalance.com/us-gdp-by-year-3305543

That's a total increase in GDP of 13.72% over those 7 years (about 2% growth per year). That's sluggish growth, but it's growth. It grew because the private sector is good at finding a way. It was sluggish growth because of the added burden of big government (more taxes, Obamacare, huge growth in regulatory hassles, etc....). This has been the slowest post-recession recovery we've ever seen.

But that has meant that we haven't seen boom and bust in the stock market since 2008 too. Slow growth isn't all bad. The market has more than doubled in the last 8 years.

Rate of inflation is, 3% or so?

Oh, and the GDP numbers I quoted here were the Real GDP numbers (growth after taking out inflation). The Nominal GDP numbers that aren't adjusted for inflation show:

2009 GDP: $14.419 trillion
2015 GDP: $18.039 trillion (25.11% increase, or roughly 3.5% per year)

[Shane]

The National Debt/Year chart really blows up in 2009.

Yep.