# Trade has halted -or- Trump can celebrate when the Market goes over 24,000

**URL:** <https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [March 9, 2020, 1:42pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146 "2020-03-09T13:42:52Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![RTFirefly](https://avatars.discourse-cdn.com/v4/letter/r/c77e96/32.png) [@RTFirefly](https://boards.straightdope.com/u/RTFirefly)\
**Post date:** [March 13, 2020, 4:19pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/61 "2020-03-13T16:19:28Z")

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> [@QuickSilver](#):
>
> Headed for _D’Oh!_ territory. Better get the comfy chair.

Don’t forget the soft pillows.

You’ll need them when you feel like banging your head into something when you see what your 401(k) is doing.

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**Author:** ![RioRico](https://avatars.discourse-cdn.com/v4/letter/r/f04885/32.png) [@RioRico](https://boards.straightdope.com/u/RioRico)\
**Post date:** [March 13, 2020, 5:27pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/62 "2020-03-13T17:27:09Z")

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Gosh, all those smart traders falling for the DemoChinese hoax! I guess they’re suckers after all. Didn’t even think to invest in toilet-paper futures.

Then there’s my SIL, a former VERY senior exec at a VERY significant financial giant. She retired, bought stocks, and built an oversized mansion on rugged, vertical acreage. Now her stocks are in the toilet and she can’t sell the white elephant house in this low-budget county. Still a Trimpest even after he’s impoverished her. We can put-up her and hubby in the little RV if they promise not to talk politics.

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**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 13, 2020, 6:55pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/63 "2020-03-13T18:55:22Z")

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I remember from my teens what a big deal it was when it hit 2,000. Who is up for some nostalgia?

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**Author:** ![Slash1972](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/slash1972/32/6461_2.png) [@Slash1972](https://boards.straightdope.com/u/Slash1972)\
**Post date:** [March 13, 2020, 7:07pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/64 "2020-03-13T19:07:00Z")

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> [@RioRico](#):
>
> Gosh, all those smart traders falling for the DemoChinese hoax! I guess they’re suckers after all. Didn’t even think to invest in toilet-paper futures.
> 
> Then there’s my SIL, a former VERY senior exec at a VERY significant financial giant. She retired, bought stocks, and built an oversized mansion on rugged, vertical acreage. Now her stocks are in the toilet and she can’t sell the white elephant house in this low-budget county. Still a Trimpest even after he’s impoverished her. We can put-up her and hubby in the little RV if they promise not to talk politics.

Make her wear a sign that says “I voted for Trump, and all I got was this little RV”

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**Author:** ![RioRico](https://avatars.discourse-cdn.com/v4/letter/r/f04885/32.png) [@RioRico](https://boards.straightdope.com/u/RioRico)\
**Post date:** [March 13, 2020, 8:18pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/65 "2020-03-13T20:18:38Z")

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> [@Slash1972](#):
>
> Make her wear a sign that says “I voted for Trump, and all I got was this little RV”

She can’t _have_ it but I’d append her sign with: “…all I got was this little RV rent-free.”

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**Author:** ![Ludovic](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@Ludovic](https://boards.straightdope.com/u/Ludovic)\
**Post date:** [March 14, 2020, 12:34am UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/66 "2020-03-14T00:34:01Z")

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Well it’s up 9% today, but it’s down so much that the upswing only makes up for 6% of the decline.

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**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [March 16, 2020, 1:52pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/67 "2020-03-16T13:52:03Z")

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Down almost 2,700 today, about 12%.

And this is after the Fed reduced interest rates to zero.

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**Author:** ![Gorsnak](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gorsnak/32/7587_2.png) [@Gorsnak](https://boards.straightdope.com/u/Gorsnak)\
**Post date:** [March 16, 2020, 2:02pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/68 "2020-03-16T14:02:50Z")

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> [@Johnny\_L.A](#):
>
> Down almost 2,700 today, about 12%.
> 
> And this is after the Fed reduced interest rates to zero.

Possibly _because_ the Fed cut rates to zero. I mean, that’s obviously a reason to panic, right?

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**Author:** ![Folacin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/folacin/32/3195_2.png) [@Folacin](https://boards.straightdope.com/u/Folacin)\
**Post date:** [March 16, 2020, 2:09pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/69 "2020-03-16T14:09:27Z")

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> [@Gorsnak](#):
>
> Possibly _because_ the Fed cut rates to zero. I mean, that’s obviously a reason to panic, right?

Well, it was certainly what I assumed was going to happen at the open.

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**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\
**Post date:** [March 16, 2020, 2:15pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/70 "2020-03-16T14:15:10Z")

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Dow 20K! The biggest thing since Dow 25K!

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**Author:** ![VOW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vow/32/3043_2.png) [@VOW](https://boards.straightdope.com/u/VOW)\
**Post date:** [March 16, 2020, 7:51pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/71 "2020-03-16T19:51:37Z")

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> [@darren garrison](#):
>
> i remember from my teens what a big deal it was when it hit 2,000. Who is up for some nostalgia?

this!  
~vow

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**Author:** ![VOW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vow/32/3043_2.png) [@VOW](https://boards.straightdope.com/u/VOW)\
**Post date:** [March 16, 2020, 7:52pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/72 "2020-03-16T19:52:38Z")

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Why is this damned board taking my caps away from me?  
~VOW

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**Author:** ![VOW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vow/32/3043_2.png) [@VOW](https://boards.straightdope.com/u/VOW)\
**Post date:** [March 16, 2020, 7:54pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/73 "2020-03-16T19:54:27Z")

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I swore up and down I would never refinance, but the interest rate drop is…thought-provoking.  
~VOW

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**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [March 16, 2020, 7:57pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/74 "2020-03-16T19:57:39Z")

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> [@VOW](#):
>
> I swore up and down I would never refinance, but the interest rate drop is…thought-provoking.

I only have another five years to go.

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**Author:** ![Slash1972](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/slash1972/32/6461_2.png) [@Slash1972](https://boards.straightdope.com/u/Slash1972)\
**Post date:** [March 16, 2020, 7:57pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/75 "2020-03-16T19:57:40Z")

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> [@VOW](#):
>
> I swore up and down I would never refinance, but the interest rate drop is…thought-provoking.  
> ~VOW

You should check it out. I’m in the middle of refinancing from a 30 year to a 15 year fixed. Almost the same payment.

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**Author:** ![beowulff](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/beowulff/32/542_2.png) [@beowulff](https://boards.straightdope.com/u/beowulff)\
**Post date:** [March 16, 2020, 7:59pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/76 "2020-03-16T19:59:07Z")

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> [@VOW](#):
>
> Why is this damned board taking my caps away from me?  
> ~VOW

I blame Trump.

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**Author:** ![QuickSilver](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quicksilver/32/7832_2.png) [@QuickSilver](https://boards.straightdope.com/u/QuickSilver)\
**Post date:** [March 16, 2020, 8:08pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/77 "2020-03-16T20:08:55Z")

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~3,000 off.

At what point does Trump start packing his bags?

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**Author:** ![wguy123](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wguy123/32/3161_2.png) [@wguy123](https://boards.straightdope.com/u/wguy123)\
**Post date:** [March 16, 2020, 8:28pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/78 "2020-03-16T20:28:54Z")

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> [@QuickSilver](#):
>
> ~3,000 off.
> 
> At what point does Trump start packing his bags?

Another day and we’ll be below Trump’s inauguration day. He’ll get to celebrate every single mile-marker again! Good times.

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**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\
**Post date:** [March 16, 2020, 8:34pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/79 "2020-03-16T20:34:31Z")

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> [@QuickSilver](#):
>
> ~3,000 off.

I’m bloody tired of all of this bloody winning! :mad:

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**Author:** ![VOW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/vow/32/3043_2.png) [@VOW](https://boards.straightdope.com/u/VOW)\
**Post date:** [March 16, 2020, 8:45pm UTC](https://boards.straightdope.com/t/trade-has-halted-or-trump-can-celebrate-when-the-market-goes-over-24-000/849146/80 "2020-03-16T20:45:00Z")

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> [@Slash1972](#):
>
> You should check it out. I’m in the middle of refinancing from a 30 year to a 15 year fixed. Almost the same payment.

Oh, you dirty dog! Now the wheels in my brain will REALLY be spinning!  
~VOW

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