Chinese Hang Seng surpassed US Dow Jones today

How are you comparing the two?

By points of course. 27667 vs 27486 currently.

How about market cap?

That's really all that matters

really? how about dividend yield!!! how about return on investment! how about price earnings ratio!

Come on Belgium Op we expect more out of you.

It's about real vs virtual products and many US tech is manufactured in China already.

Just wait 3 more years. China will become the new "superpower".

Dow Market Cap

12/31/2016 19,762.60 5,731,106.12



In 6/30/2019, the combined market value of all the companies part of the index was $7,500,118.27 million.


So, let's say it has gone up two trillion since Trump took office.


S&P

12/31/2016 2238.80 20,222,191.7 19,267,961.6


The current (9/30/2019) market cap of the S&P 500 is $25,951,050.9 million



So, let's say it has gone up six trillion.


NASDAQ

Current market cap -- about 16.4 trillion


12/31/16 -- about 11.3 trillion

So, Nasdaq has gone up about five trillion since Trump took office.

So all together the markets have gained about thirteen trillion or more in value.

I mean in regards to who is on top

The market cap of the DOW vs the HS, actual price of one unit doesn't matter.

Now, how has the Hang Seng been doing of late?

The Hang Seng passed the 10,000 point milestone for the first time in its history on December 10, 1993 and, 13 years later, passed the 20,000 point milestone on December 28, 2006. In less than 10 months, it passed the 30,000 point milestone on October 18, 2007. Its all-time high, set on January 26, 2018, was 33,223.58 points.



So, the Hang Seng is still quite down from its historical high.



It has gone down from around 33,000 points to about 27,000 poinsts since June of '18.


Not impressive, op.

.

.

US stocks are a huge bubble. Companies are buying their own stocks to keep them rising. Just wait and see..

Trump claims the stock market would be higher if he hadn’t confronted China — is he right?
[link to www.marketwatch.com (secure)]

Trump: Stock market would be 10,000 points higher without trade war
[link to www.washingtonpost.com (secure)]

Trump says stock market would be ‘much higher’ without impeachment inquiry
[link to www.nbcnews.com (secure)]


Stock market JUMPED when Russian Collusion fell apart.

See those links? The media is counting on you not remembering


Trade war fears send shudder through stock markets
[link to www.bbc.com (secure)]

Wall Street sees elevated recession risk, market woes after US and China stoke trade fears
[link to www.cnbc.com (secure)]

Stock Markets Take Another Hit As The Trade War With China Heats Up
[link to www.npr.org (secure)]

Stocks plunged on Monday as tensions between the U.S. and China flared.
[link to money.com]

Hang Seng's market capitalization probably is larger, by the way...BUT...lately it has been going down significantly while American markets have been going up.

I would have rather had money in US equities since Trump took office than in Chinese exchanges during the same time.

And that is a vast understatement.

Dow is only thirty companies/issues also --

Hang Seng is fifty.

So, not totally a fair comparison.

China is propping themselves up just as the FED is doing here.


Do you invest even a little into gold? Do you pay attention at all to it? I doubt many of you do, because there are hardly any threads about gold and what China is doing hoarding.

(There are a few, but they are made by me under different numbers)

Aslo, the market will plumb, when Trump rallies next year. They don't want a second term.

Ok, Nostradamus.

the top USA companies are what, facebook, apple, google, amazon...

seems like that's a "tech bubble" rather than some sort of realistic market cap.

Exactly, no real products and that's why China will lead itf.

Ummmm...apple...hello...


iPhones, PC's, other devices



Amazon...

basically a retailer


And tech is not always a "bubble".


I guess you think there is an imminent repeat of the dotcom crash of the nineties.

I don't think so.


But innovation goes up and down.



What about the other 26 issues on the Dow?

Chinese cell phones in US?


No.


Huawei can get fucked.


Chinese automobiles?

What?

Aircraft?

I could go on and on.

you go girl!

see you on hotcopper

I bis razzing em about all the commesec chat insider trading

And from where are the resources for the US-phones coming, the rare elements?

China is also the biggest steel-producer in the world.

aren't the tech ones not on the dow? the dow is like mcdonalds and cocacola and goldmansachs ect ect ect

I've been saying this for two years on GLP...

It is a given that they will manipulate the market down.

I think around June-August next year is when it will START...

Think... Soros types selling off, causing others to sell off, and get the panic moving throughout.

This is why I have not put a cent into the market and have been buying gold with all spare funds... Notice, the media doesn't talk about two things...

Low gas prices, and "low" gold prices.


Gold should have dropped much lower yesterday, but it can't.. Inflation.