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General Discussion

Gaugamela

(3,537 posts) Fri Feb 6, 2026, 03:57 PM Feb 6

8

Dow surges more than 1,000 points to hit 50,000 for the first time [View all]

Irrational exuberance, or have the fundamentals of economics changed? It feels like the stock market has become completely untethered from the real economy.

https://www.cnbc.com/2026/02/05/stock-market-today-live-updates.html

15 replies

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Highlight:

Dow surges more than 1,000 points to hit 50,000 for the first time [View all] Gaugamela Feb 6 OP

I've been watching it this afternoon. Was just checking to see if someone else had posted crossing 50,000. mnhtnbb Feb 6 #1

Stocks are being priced in increasingly worthless dollars bucolic_frolic Feb 6 #2

Which TACO is it responding to? usonian Feb 6 #3

Yay! Greg_In_SF Feb 6 #4

And here I was thinking the President posting racist videos would give people pause about the future of this country BeyondGeography Feb 6 #5

Didn't the stock market surge to it's highest before the 1929 crash?.................. Lovie777 Feb 6 #6

It went up Greg_In_SF Feb 6 #10

The Dow always has broken records. Under every president. Yagoberto Feb 6 #7

New records aren't set weekly during recessions or depressions. Nt Fiendish Thingy Feb 6 #8

"Tell me how many presidents presided over a declining Dow." mahatmakanejeeves Feb 6 #11

I didn't say it hasn't happened Yagoberto Feb 6 #13

If we needed any proof the stock market is completely unmoored from the economy, ms liberty Feb 6 #9

The market was making record gains from 2023 until Biden left office.. LeftinOH Feb 6 #12

And record gains under the 5 presidents before Biden Yagoberto Feb 7 #14

Sell into strength. roamer65 Feb 7 #15

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