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Old 01-14-2016, 05:54 AM
 
79,907 posts, read 44,222,338 times
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14000? Here's to hoping it goes sub 10,000. I wouldn't mind seeing it rain brokers.
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Old 01-14-2016, 05:57 AM
 
Location: Florida
76,971 posts, read 47,651,295 times
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Quote:
Originally Posted by KonaldDuth View Post
Remember that when it comes to presidential elections, "It's the economy, stupid!"

The stock market is in freefall. Over 20% of Democrats already say they're voting for Trump.

When the economic recession fully sets in, I wonder who America will trust to revive the economy ....

This woman? Or this guy?
I see the stock market is once again considered the measure of how well the economy is doing. It's funny how it is never the measure when it goes up, and its always the measure when it goes down.

Neither Hillary, nor Trump can make the stock market go up non-stop. It is foolish to suggest they could.

I won't vote for either, but obviously Hillary is the better choice.
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Old 01-14-2016, 05:57 AM
 
Location: New Jersey
12,755 posts, read 9,651,291 times
Reputation: 13169
Quote:
Originally Posted by KonaldDuth View Post
Remember that when it comes to presidential elections, "It's the economy, stupid!"

The stock market is in freefall. Over 20% of Democrats already say they're voting for Trump.

When the economic recession fully sets in, I wonder who America will trust to revive the economy ....


This woman?




Or this guy?
Hmmm. I think I'd trust the woman.

I don't want to be ruled by a royal family.
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Old 01-14-2016, 06:01 AM
 
Location: Swiftwater, PA
18,773 posts, read 18,150,486 times
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Quote:
Originally Posted by le roi View Post
and the economy and the stock market are two different things.

americans are worried about their jobs and their communities. the stock market is filled with international firms from Asia, Latin America, Europe, and the US, etc, who derive their revenues primarily from outside the US, and don't necessarily employ Americans.

I was a truck driver through past hard times. It is amazing how quick the bad times catch up to American jobs. One day truck stops are packed and the next day they are empty. The same for our roads. Companies stop stocking goods if they think they are going to be stuck with those goods. It has happened many times in the past and I am sure it will happen in the future.


Although the DOW is now down about 2000; I think that some still have some hope. However; if it slides to $15,000 or below; it would not surprise me if panic would not kick in. After seven years in office; I don't think America will blame the Republicans. We tend to throw the eggs at the closest target.
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Old 01-14-2016, 06:02 AM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,486,942 times
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Standby for extreme frothing from the Left!

If the market crashes there will be residual effects and people will start panicking so yes, an extended market crash/correction, whatever you want to call it would definitely help Trump.
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Old 01-14-2016, 06:07 AM
 
13,693 posts, read 9,014,113 times
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Why would it particularly help Mr. Trump to the exclusion of others? Why not Senator Sanders?
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Old 01-14-2016, 06:10 AM
 
79,907 posts, read 44,222,338 times
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Quote:
Originally Posted by Finn_Jarber View Post
I see the stock market is once again considered the measure of how well the economy is doing. It's funny how it is never the measure when it goes up, and its always the measure when it goes down.
As it was going up I noted many times it wasn't becuase the economy was doing well and that it would drop as soon as the Fed quit propping it up.

Quote:
Neither Hillary, nor Trump can make the stock market go up non-stop. It is foolish to suggest they could.

I won't vote for either, but obviously Hillary is the better choice.
I'm not voting for either but Hillary and better choice never belongs the same sentence.
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Old 01-14-2016, 06:11 AM
 
Location: the very edge of the continent
89,039 posts, read 44,853,831 times
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Quote:
Originally Posted by pknopp View Post
14000? Here's to hoping it goes sub 10,000. I wouldn't mind seeing it rain brokers.
It'll rain retirees and those nearing retirement, as well. US workers and retirees have $27 Trillion invested in their pension funds and retirement accounts.

$27 trillion in pension savings means lots of attention | Fiduciary Matters
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Old 01-14-2016, 06:14 AM
 
11,755 posts, read 7,120,263 times
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If we look at the Mercury Analytics' survey that this US News article is based on, it clearly says Hillary still has an edge (a lead) over Mr. Trump, notwithstanding this alleged 20% crossover. Hillary doesn't care where or whom her votes come from, so long as she has more EV at the end of the night.

Also, don't forget to mention that Hillary gets 14% of the Republican votes, so the net difference on the cross-over votes is only 6%, not 20%.

Mick
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Old 01-14-2016, 06:15 AM
 
Location: Long Island
32,816 posts, read 19,492,759 times
Reputation: 9618
Quote:
Originally Posted by Finn_Jarber View Post
I see the stock market is once again considered the measure of how well the economy is doing. It's funny how it is never the measure when it goes up, and its always the measure when it goes down.

Neither Hillary, nor Trump can make the stock market go up non-stop. It is foolish to suggest they could.

I won't vote for either, but obviously Hillary is the better choice.
Finn, come on

many of the admitted liberals on this forum were saying '''18,000 thank you Obama"

so yes it is a measure, at least to many of the low informed posters
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