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Old 02-07-2017, 08:57 AM
 
52,431 posts, read 26,643,000 times
Reputation: 21097

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Rise in the stock market continues unabated under Trump's plans for the economy.

All the doom & gloomers proved wrong yet again.

Everything Is Awesome Again - Stocks Surge To Record Highs | Zero Hedge
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Old 02-07-2017, 09:00 AM
 
3,841 posts, read 1,980,049 times
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And here, looking at this board, I thought the world as we know it was crumbling...
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Old 02-07-2017, 09:00 AM
 
13,898 posts, read 6,448,989 times
Reputation: 6960
The Anti-American Left will be here shortly to tell us how bad this is for our country.
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Old 02-07-2017, 09:00 AM
 
12,003 posts, read 11,903,577 times
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Under Trump: Dodd-Frank is imperiled, and with it, the savings of small investors. But fear not, bankers! The Big Orange is your man!

Waldokitty's link is an paid advertisement.

The stock market dropped 19 points yesterday. The slow seep is beginning. It will be a wild ride, with ups and downs, but we are on a very dangerous course.

I've had modest investments most of my adult life, and this reminds most sharply of the bank crisis and crash of 2006. My portfolio is still recovering from that - or at least, it was recovering. I hung on far too long then, due to the overly optimistic assurances of others that it was a temporary glitch and that my bank stocks - Wachovia - would recover. I've learned my lesson. Dodd-Frank would have limited my losses, had it been around then. Now Trump and his cronies - bankers all - are trying to eliminate it, and with it, protection for small investors.

Last edited by CraigCreek; 02-07-2017 at 10:14 AM..
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Old 02-07-2017, 09:04 AM
 
Location: East Coast of the United States
27,578 posts, read 28,680,428 times
Reputation: 25172
Like I pointed out in this post, Warren Buffett knows a thing or two about President Trump's election that many other people don't:

http://www.city-data.com/forum/polit...ion-stock.html
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Old 02-07-2017, 09:08 AM
 
12,003 posts, read 11,903,577 times
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Quote:
Originally Posted by Dbones View Post
The Anti-American Left will be here shortly to tell us how bad this is for our country.
Don't know about the Anti-American Left, but you might want to read my previous post, from the Pro-American moderate middle.
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Old 02-07-2017, 09:53 AM
 
13,898 posts, read 6,448,989 times
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Quote:
Originally Posted by CraigCreek View Post
Don't know about the Anti-American Left, but you might want to read my previous post, from the Pro-American moderate middle.
lmao..You might be pro moderate middle but you still don't understand the stock market.
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Old 02-07-2017, 09:57 AM
 
Location: Native of Any Beach/FL
35,710 posts, read 21,070,199 times
Reputation: 14257
Not news --the rich will get richer and the rest of us are going to die--
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Old 02-07-2017, 10:03 AM
 
Location: United States
12,391 posts, read 7,100,577 times
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I've heard that a number of billionaires (including Soros) are not happy that their yes man (Hillary) was not installed. I'm starting to heard grumblings that they are making a move against the USD, and the stock market.

I have no idea if this is true, but we know Soros are crashed other currencies, and economies in the past.

It will be interesting to see if the donor class makes a move to crash the economy as the ultimate attack against Trump.

We live in interesting times.
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Old 02-07-2017, 10:08 AM
 
Location: Austin, Texas
2,013 posts, read 1,430,065 times
Reputation: 4062
The stock market spends the majority of its time going up.

Crediting this rise to a POTUS in power all of 2.5 weeks is an exercise in mindless cheerleading.

Correlation does not equal causation.
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