The President Speaks and The Stock Market Has A Sell Off (gas price, holidays)
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"The President Speaks and The Stock Market Has A Sell Off"
I don't really know if that holds any truth but in reality a little off the thread the title with a bit more accuracy imo should be (no offense intended to the OP):
"The Current President Exists and Most of The American People get screwed."
I think that the market is in a selloff mode really and not something I could link the POTUS to this time around.
Harry Dent says you ain't seen nothing yet. He says we're headed for global deflation and a long huge stock selloff.
Well if Dent says so, must be true!
In 2000, based on his forecast that economic growth would continue throughout the 2000s, Dent predicted that the DOW would reach 40,000, a prediction which was repeated in his 2004 book. In his book, he also predicted the NASDAQ would reach 13,000 - 20,000. In late 2006 he revised his forecasts to much lower levels, estimating the Dow would reach 16,000 - 18,000 and the NASDAQ 3,000 - 4,000. In January 2006, he predicted that the DOW would reach 14,000 - 15,000 by the end of the year. It ended 2006 at 12,463, 11% below the lower end of his prediction. It ended 2007 at 13,264, again significantly lower than Dent's revised prediction of 15,000 by early 2008. Since then, the Dow crossed 14,000 in late 2007 before retreating.
His 2011 book goes on to suggest consumer spending will begin to plummet in 2012 with the Dow bottoming out somewhere between 3,000 and 5,600 in 2014. After hitting bottom, stocks will experience a mini-rally in 2015-2017 before falling into a final bottom during the 2019-2023 period, when the 45-50 age group troughs because the U.S. birth rate reached its own low in 1973.
Either way, no doubt Obama is the cause of the downturns since he took office and going forward. On this we can be sure!
No one on the left outside of Sanders is even talking about changing it. Obama talked about it but he was lying and did the opposite.
First I am chastised for being glad the stock market went up while we have the poor among us, then chastised for saying it needs changing so there are no more.
First I am chastised for being glad the stock market went up while we have the poor among us, then chastised for saying it needs changing so there are no more.
I can't do anything right.p
I can only discuss my position. To try and lump me in with the arguments of others that I'm not making is only an attempt to avoid my point.
Most expensive vacation ever? He's doing his annual Christmas trip back to his home state of Hawaii.
I go to Hawaii every year, it's certainly not THAT expensive, get a grip.
You're not flying Air Force One with it's compliment of vehicles and personnel.
You don't have a cadre of Secret Service Agents and assistants going along with you either.
Lesson learned, obuma should keep hid frickin mouth shut
He did not shut up, in fact he proceeded to list vulnerabilities in America we could not defend regarding terrorism so terrorist could do more of them.
President is just an idiot. Notice without the prompter he could not speak either.
"The President Speaks and The Stock Market Has A Sell Off"
Actually, it has now been scientifically proven (and it's in the bible, too!) that the stock market was influenced by a butterfly flapping its wings in Brazil.
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