Red Pilled World

"The red pill represents embracing the painful truth of reality, and rejecting the blissful ignorance of illusion fed to us by the mainstream media."

Friday, June 23, 2017

Nasdaq 100 trades above its 50-day moving average for 135 straight days. This is the longest streak in history.

When Donald Trump was elected as president, Paul Krugman of the Failing New York Times made the following prediction1:

"We are very probably looking at a global recession, with no end in sight."

Unsurprisingly, Paul Krugman's prediction proved to be wildly inaccurate. In fact it would be fair to say that Paul Krugman's prediction was a contender for the most inaccurate prediction in the history of predictions. It was even more inaccurate than MSNBC's famously laughable prediction that Hillary Clinton had a 99% chance of winning the election.2

In actual fact, the Dow Jones soared to record highs immediately after Trump was elected, and has since broke numerous records.3

And here's another record...


The Nasdaq 100 has traded above its 50-day moving average for 135 straight days. This is the longest streak in history.4

Paul Krugman of the Failing New York Times also predicted:

"If the question is when markets will recover, a first-pass answer is never."

Perhaps a better question would be, 'when will Paul Krugman's reputation recover?'

If Krugman carries on making such embarrassingly inaccurate predictions, a first pass answer is never.

- - - - - - - - - -

Links:
http://web.archive.org/web/20161109064019/http://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout
2 http://archive.is/vcgto
3 http://redpilledworld.blogspot.com/2017/03/new-york-times-gets-it-spectacularly.html
4 https://twitter.com/StockTwits/status/877931097752969217

No comments:

Post a Comment

Tags

Trump (29) Donald Trump (23) Obama (23) Hillary Clinton (18) Fake news (17) Barack Obama (15) President Trump (15) CNN (13) biased media (12) twitter (12) Seth Rich (11) Wikileaks (11) censorship (11) hypocrisy (11) quotes (10) CNN is fake news (9) James Comey (9) Obama scandal (9) #TheTrumpEffect (8) DNC leaks (8) Democrat hypocrisy (8) Drain The Swamp (8) The Trump Effect (8) memes (8) #DrainTheSwamp (7) Failing New York Times (7) George Orwell's 1984 (7) biased MSM (7) Bill Clinton (6) Russia (6) jobs (6) #BoycottNFL (5) Amazon (5) FBI (5) Facebook (5) President Trump statements (5) Travel ban (5) polls (5) speeches (5) #MAGA (4) Books (4) Crooked Hillary (4) DNC (4) French election (4) Julian Assange (4) Kim Dotcom (4) NFL protests (4) Obamagate (4) Redpilled (4) Statements (4) biased news (4) #MediaLiesAgain (3) 4D chess (3) Berkeley (3) CIA's fake Russian hacking claims (3) Democrat violence (3) Democrats (3) Harvey Weinstein (3) Hurricane Harvey (3) Islamic terrorism (3) MSNBC (3) Saudi Arabia (3) Seymour Hersh (3) Sweden (3) Trump effect (3) Violent left (3) Virtue signaling (3) Washington Post (3) brainwashed left (3) wiretapping (3) wiretapping scandal (3) women's rights (3) #CNNBlackmail (2) #LockHerUp (2) #TooMuchWinning (2) Alt-left (2) America (2) Berkeley protests (2) CIA (2) CNN Blackmail (2) Charity events (2) Chelsea Clinton (2) Clinton Foundation (2) Clinton corruption (2) Debbie Wasserman Schultz (2) Dishonest left (2) Emmanuel Macron (2) Employment (2) Ending human trafficking (2) Erasing history (2) Fake news by omission (2) Gay rights (2) Google (2) Google censorship (2) Goolag (2) Guccifer 2.0 (2) Hollywood (2) How to block twitter spammers (2) Humor (2) Illegal immigration (2) John Brennan (2) Leaks (2) Leftist hypocrisy (2) Liberal tears (2) Lock her up (2) Loretta Lynch (2) Media Lies Again (2) North Korea (2) Obama's hypocrisy (2) Paul Farhi (2) Red pills (2) Reddit (2) Sean Hannity (2) Socialism (2) Syria (2) Voter ID (2) Washington Post is fake news (2) Who Killed Seth Rich (2) executive order (2) protests (2) redpilled dictionary (2) social media (2) tax returns (2) "Because you'd be in jail!" (1) #BoycottTwittersAdvertiser (1) #FireDepp (1) #HillaryThankYouNotes (1) #ProtectTheBecks (1) #TheArtOfWar (1) #WhenWeGoHighTheyGoLow (1) 1984 (1) Abraham Lincoln (1) Al-Qaeda (1) Alexandra Mezher (1) Antifa hypocrisy (1) April Fools' Day prank (1) Associated Press (1) BBC (1) BTFO (1) Ben Swann (1) Berkeley riots (1) Bill Binney (1) Bill Clinton hypocrisy (1) Border wall (1) Boycott (1) Boycott Heineken. #BoycottHeineken (1) Carmen Yulin (1) Cesar Paz (1) Charles Schumer (1) Charlottesville (1) Cheshire Police (1) Chick-fil-A (1) China (1) Christopher A.Wray (1) Cinco De Mayo (1) Consumer Sentiment Index (1) Corrupt media (1) Crazy left (1) DNC fraud lawsuit (1) Dangerous (1) Democrat sheep (1) Dickinson (1) Doublethink (1) Dow Jones (1) Election hacking (1) Election night (1) Elizabeth Lee Beck (1) Elizabeth Warren (1) End human trafficking (1) Equality (1) Evan McMullin (1) Extremism on twitter (1) Facebook torture victim (1) Fact checking websites (1) Fakespot (1) Finland (1) Freedom Watch (1) Gab.ai (1) George Takei (1) Germany (1) GoFundMe (1) Gold Star Mothers and Families Day (1) Google Translate (1) Google discrimination (1) Happy Birthday President Trump (1) Heineken (1) Hillary thank you notes (1) Historical statues (1) Hungary (1) Hurricane Maria (1) Hypocritical Left (1) Immigration (1) Intolerant liberals (1) Islam (1) JFK files (1) JK Rowling (1) Jake Tapper (1) James Mattis (1) Jared Kushner (1) Jill Stein (1) Jim Acosta (1) John Bonifield (1) John McCain (1) John Podesta (1) Johnny Depp (1) Johnny Douchebag (1) Joy Villa (1) Kellyanne Conway (1) Leaked audio (1) Liberal logic (1) London mayor (1) MOAB (1) MSNBC is fake news (1) Manafort (1) Marine Le Pen (1) Matt Gaetz (1) Media collusion (1) Meeting on the tarmac (1) Memorial Day (1) Michael Flynn (1) Michael Stürzenberger (1) Michelle Obama (1) Middle East (1) Mika Brzezsinski (1) Mike Pence (1) Milo (1) Milo Yiannopoulos (1) Misleading media (1) Misleading news (1) Mothers Day (1) Mount Rushmore (1) NBC (1) NBC is fake news (1) Nancy Pelosi (1) Nasdaq (1) National Anthem (1) National Preparedness Month (1) National debt (1) National security (1) Netflix (1) Newt Gingrich (1) North West Trump Alliance For Change (1) Obama's failures (1) Obamacare (1) Otto Warmbier (1) Pandas4Bernie (1) Patriotism (1) Paul Farhi is a fake journalist (1) Paul Krugman (1) Petitions (1) Presidential debates (1) Project Veritas (1) Protect The Becks (1) Puerto Rico (1) Qatar scandal (1) Racism of low expectations (1) Racist CNN (1) Racist liberals (1) Reality Winner (1) Redacted (1) Redpilled stories (1) Reebok (1) Reebok hypocrisy (1) Refugees (1) Richard Nixon (1) Robert Mueller (1) SJW (1) SJWs (1) Sadiq Khan (1) Scott Adams (1) Shia LaBeouf (1) Smirnoff (1) Snowflakes (1) Socialism always fails (1) Spez (1) Stand with these patriotic families (1) Starbucks (1) Stephen Colbert (1) Steve Reichert (1) Stop Arming Terrorists Act (1) Supreme Court (1) Susan Rice (1) Swedenitis (1) Tesla (1) Texas (1) The Art Of War (1) The Independent (1) The Ten Cannots (1) Things every child needs to hear (1) Thomas Wictor (1) Tim Kaine (1) Tokyo Rose recording (1) Tolerance (1) Tolerant democrats (1) Too Much Winning (1) Transparency (1) Trump campaign (1) Trump quotes (1) Trump speeches (1) Tulsi Gabbard (1) Twitter censorship (1) US economy (1) USAA (1) United Nations (1) Useful idiots (1) Verified Nobodies (1) Vinnie James (1) What Happened (1) Whistle blowers (1) White House (1) Wikipedia (1) William J. H. Boetcker (1) Yevgeniy Nikulin (1) antifa (1) campaign rallies (1) covfefe (1) ctrl-left (1) dangerous left (1) deleted emails (1) groupthink (1) gullible MSM (1) heroes (1) taqiya (1) the wall (1) trolling (1) twitter bots (1) webcam (1)