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Old 11-22-2016, 08:41 PM
 
Location: Divided Tribes of America
13,539 posts, read 5,459,430 times
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Quote:
Originally Posted by American Expat View Post
You, every liberal, the market experts that I see on CNN, BBC, MSNBC, every news outlet that I saw, they all sang the chorus about the markets falling if Trump were elected.
The Dow futures market went way down during the night of the election. They were worried about trade.
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Old 11-22-2016, 08:44 PM
 
Location: Alameda, CA
7,465 posts, read 3,946,384 times
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Quote:
Originally Posted by American Expat View Post
So then why did they say during the election cylce that the market would go down if Trump's programs had those benefits?
They are assuming that Trump is not actually going to do some of the more extreme things he claimed while running. There are still no specifics on what Trump will actually do on a whole range of issues.
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Old 11-22-2016, 08:50 PM
 
Location: Alameda, CA
7,465 posts, read 3,946,384 times
Reputation: 1369
Quote:
Originally Posted by KYBob View Post
November 8 November 21 % Change
Dow Jones Industrials 18332.74 18956.69 +3.4%
S & P 500 2139.56 2198.18 +3.6%
NASDAQ 5368.49 5368.86 +3.3%


Let's not the facts get in the way of a good story!
Those are still not big moves over the long term (or even short term).
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Old 11-22-2016, 08:57 PM
 
Location: Pacific NW
9,442 posts, read 5,792,195 times
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Quote:
Originally Posted by American Expat View Post
So then why did they say during the election cylce that the market would go down if Trump's programs had those benefits?
Because the same Hillary shills who kept saying she was going to win by a landslide were trying to scare people that the market would crash if Trump won. It had nothing to do with fact and everything to do with media bias and partisanship.
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Old 11-23-2016, 06:00 AM
 
Location: One of the 13 original colonies.
10,136 posts, read 6,463,199 times
Reputation: 7984
In this morning's paper.

The Dow Jones Industrial average surpassed 19,000 for the first time Tuesday as a post-election rally drove indexes further into record territory.



The Hilderbeastians hate to see this.
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Old 11-23-2016, 06:05 AM
 
Location: Florida
62,647 posts, read 34,157,952 times
Reputation: 10400
Quote:
Originally Posted by WilliamSmyth View Post
They are assuming that Trump is not actually going to do some of the more extreme things he claimed while running. There are still no specifics on what Trump will actually do on a whole range of issues.
Correct. He is systematically backing away from every major campaign promise, and the world is breathing a sigh of relief. Yesterday he even reversed his view on climate change. Yesterday it was Chinese propaganda, and today he said its probably man made.
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Old 11-23-2016, 06:08 AM
 
Location: Sonoran Desert
29,289 posts, read 39,616,576 times
Reputation: 18709
The prospect of massive spending increases financed with deficits, unimaginable tax cuts for the wealthy, repatriation of corporate cash leading to dividends and buybacks, higher interest rates for the banks, increased health care, especially pharma, profits, a free hand to re-leverage. What's not to love? It's a Wall Street wet dream.
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Old 11-23-2016, 06:13 AM
 
Location: Londonderry, NH
41,505 posts, read 51,238,770 times
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Trump's promise of deficit funded infrastructure rebuilding has provided an opportunity for those speculating in the associated industries. For instance steel is up 25%.
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Old 11-23-2016, 06:17 AM
 
Location: Florida
62,647 posts, read 34,157,952 times
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Quote:
Originally Posted by Ponderosa View Post
The prospect of massive spending increases financed with deficits, unimaginable tax cuts for the wealthy, repatriation of corporate cash leading to dividends and buybacks, higher interest rates for the banks, increased health care, especially pharma, profits, a free hand to re-leverage. What's not to love? It's a Wall Street wet dream.
The economic doom-gloomers predicted a recession in about 2 years if Trump enacts his economic policies, but yes, at first his spending boom will help Wall Street. It is definitely a short term plan just to make him look good. The country needs a long term plan. Ron Paul was shaking his head while talking about Trumps plans, because less revenue with massive spending can only mean one thing.
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Old 11-23-2016, 07:25 AM
 
22,769 posts, read 26,132,273 times
Reputation: 14556
Quote:
Originally Posted by American Expat View Post
You, every liberal, the market experts that I see on CNN, BBC, MSNBC, every news outlet that I saw, they all sang the chorus about the markets falling if Trump were elected.
me? I said that the stock market would fall? Where?
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