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Old 01-05-2018, 06:32 AM
 
7,800 posts, read 4,397,040 times
Reputation: 9438

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Quote:
Originally Posted by pknopp View Post
Sadly you will only be blaming Trump.
If the market collapses because of Trump's aberrant behavior who else would there be to blame?

 
Old 01-05-2018, 06:33 AM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by Quick Enough View Post
Why do some whine and cry about "massive" debt ONLY when repubs are in charge?

Where were you during Obana's terms?

Tax cuts INCREASE fed revenues and in turn the debt will go DOWN as history has shown us.

The same claim was made about the W. Bush tax cuts from the left and the fed took in RECORD HIGH REVENUES.
Bush cut taxes. Obama extended them. Our debt did not go down. The revenues were created by the housing bubble that popped in epic proportions.
 
Old 01-05-2018, 06:37 AM
 
Location: City Data Land
17,156 posts, read 12,949,556 times
Reputation: 33174
Quote:
Originally Posted by WaldoKitty View Post
Day after day nothing but good news about the economy, jobs, and new optimism after the disastrous Obama years.

Must be really tough for you to be eating that crow.

No, it's not. Because we actually know history. You just choose to ignore it so you can cheerlead for Trump for no good reason. "Trump's butt is occupying the Oval Office, so he is the great job creator." What? Obama and Obama's policies helped get us out of a terrible recession caused at least partly by Republicans. See, there is such a thing as cause and effect. Job gains do not occur instantly when a new president enters office. They happen years later, AFTER the policies have had an affect on businesses.
 
Old 01-05-2018, 06:38 AM
 
Location: Texas
38,859 posts, read 25,521,957 times
Reputation: 24780
Talking Enjoy it while it lasts

Quote:
Originally Posted by phma View Post
President Trump is absolutely the greatest on the economy. Dow breaks 25,000

They say it still has room to run !!!!

Go ahead 401K make my day !!!
Current extreme P/E ratios are a warning signal of the correction to come.

When it arrives, tRump's approval could plunge into the 20s.

But he'll continue to be "the greatest" to the remaining hardcore Trumplings.

They have a strong immunity to reality.

 
Old 01-05-2018, 06:46 AM
 
10,086 posts, read 5,728,873 times
Reputation: 2899
Quote:
Originally Posted by fbernard View Post
Awesome. So Trump is in good company, since he's doing more of the same....constantly blaming others.
At least he is trying to tackle the real problems instead of putting his head in the sand and ignoring them. That's exactly what Obama did. But he did give great speeches.
 
Old 01-05-2018, 06:46 AM
 
Location: Kansas City, MISSOURI
20,863 posts, read 9,515,083 times
Reputation: 15573
Quote:
Originally Posted by James Bond 007 View Post
The +250K jobs is not the official jobs number, it's ADP's private sector estimate. Official jobs number from the BLS comes out tomorrow morning.
Aaaand ... that official jobs number is a whiff.

U.S. Added Fewer Jobs Than Expected in December
Quote:
U.S. job gains slowed by more than forecast in December, wage growth picked up slightly and the unemployment rate held at the lowest level since 2000, adding to signs of a full-employment economy.

Payrolls rose by 148,000, compared with the 190,000 median estimate of economists surveyed by Bloomberg, held back by a drop in retail positions, a Labor Department report showed Friday. The jobless rate was at 4.1 percent for a third month, while average hourly earnings increased by 2.5 percent from a year earlier, after a 2.4 percent gain in November that was revised downward.
 
Old 01-05-2018, 06:47 AM
 
Location: Houston
26,979 posts, read 15,879,874 times
Reputation: 11259
Quote:
Originally Posted by Old Gringo View Post
Current extreme P/E ratios are a warning signal of the correction to come.

When it arrives, tRump's approval could plunge into the 20s.

But he'll continue to be "the greatest" to the remaining hardcore Trumplings.

They have a strong immunity to reality.

The P/E ratio is reflecting the positive change in tax and other policies. I don’t remember any correction after May 2009 when P/e hit 123 compared to 26 today.
 
Old 01-05-2018, 06:49 AM
 
693 posts, read 356,753 times
Reputation: 395
Quote:
Originally Posted by James Bond 007 View Post
Aaaand ... that official jobs number is a whiff.

U.S. Added Fewer Jobs Than Expected in December
I expected nothing less. 2017 saw less jobs than added in previous years.
 
Old 01-05-2018, 06:56 AM
 
Location: USA
18,489 posts, read 9,149,606 times
Reputation: 8522
Quote:
Originally Posted by whogo View Post
The P/E ratio is reflecting the positive change in tax and other policies. I don’t remember any correction after May 2009 when P/e hit 123 compared to 26 today.
When has the P/E ever hit 123? Maybe for one company, but never for the US stock market as a whole.

Right now, the trailing-ten-year P/E for the S&P 500 is at 33. The only time it was higher was during the late 1990s tech bubble.
 
Old 01-05-2018, 07:14 AM
 
10,086 posts, read 5,728,873 times
Reputation: 2899
Quote:
Originally Posted by Scooby Snacks View Post
No, it's not. Because we actually know history. You just choose to ignore it so you can cheerlead for Trump for no good reason. "Trump's butt is occupying the Oval Office, so he is the great job creator." What? Obama and Obama's policies helped get us out of a terrible recession caused at least partly by Republicans. See, there is such a thing as cause and effect. Job gains do not occur instantly when a new president enters office. They happen years later, AFTER the policies have had an affect on businesses.
You really think Obamacare helped most Americans save money?
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