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Old 10-30-2018, 03:17 PM
 
Location: The 719
14,586 posts, read 22,434,680 times
Reputation: 13877

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Dow back up 431, dems down 431
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Old 10-30-2018, 03:23 PM
 
15,338 posts, read 4,053,162 times
Reputation: 11060
"A little pause" on the DOW will be a year or more (he hasn't been POTUS two years!) and the "massively" is obviously part of the momentum of the Bull market already in place

What does that leave in-between......a month when he "made it go up" with tax cuts, but it is already down far more?

The problem isn't just the lack of reality among some Trump supporters. That is to be expected. But the knowledge, fully, that if the market ends up down for 1,2 or 3 years or if we hit a Recession, the very same people will be telling us whose fault is is/was - and I promise that won't include saying it is Trumps fault.

It seems very basic. Business does not like chaos. Trump started messing around for real (the tariffs, his socialism to farmer and polluters, free money from debt and deficit, etc.) this year - 2018. By some coincidence, the market isn't reacting well......or is it because it doesn't like what it sees?

The later seems the more logical conclusion.
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Old 10-30-2018, 03:37 PM
 
26,758 posts, read 9,100,337 times
Reputation: 9331
Quote:
Originally Posted by craigiri View Post
"A little pause" on the DOW will be a year or more (he hasn't been POTUS two years!) and the "massively" is obviously part of the momentum of the Bull market already in place

What does that leave in-between......a month when he "made it go up" with tax cuts, but it is already down far more?

The problem isn't just the lack of reality among some Trump supporters. That is to be expected. But the knowledge, fully, that if the market ends up down for 1,2 or 3 years or if we hit a Recession, the very same people will be telling us whose fault is is/was - and I promise that won't include saying it is Trumps fault.

It seems very basic. Business does not like chaos. Trump started messing around for real (the tariffs, his socialism to farmer and polluters, free money from debt and deficit, etc.) this year - 2018. By some coincidence, the market isn't reacting well......or is it because it doesn't like what it sees?

The later seems the more logical conclusion.
There is a difference between what MSM sees ( Trump everywhere, even under the bed where they hide ) and what people in the market see. The market doesn't focus with the tunnel vision of the hate Trump media. Factors like Fed comments and interest rates are among many of the considerations.
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Old 10-30-2018, 07:16 PM
 
Location: Wisconsin
21,542 posts, read 44,050,913 times
Reputation: 15154
Quote:
Originally Posted by craigiri View Post
"A little pause" on the DOW will be a year or more (he hasn't been POTUS two years!) and the "massively" is obviously part of the momentum of the Bull market already in place

What does that leave in-between......a month when he "made it go up" with tax cuts, but it is already down far more?

The problem isn't just the lack of reality among some Trump supporters. That is to be expected. But the knowledge, fully, that if the market ends up down for 1,2 or 3 years or if we hit a Recession, the very same people will be telling us whose fault is is/was - and I promise that won't include saying it is Trumps fault.

It seems very basic. Business does not like chaos. Trump started messing around for real (the tariffs, his socialism to farmer and polluters, free money from debt and deficit, etc.) this year - 2018.

By some coincidence, the market isn't reacting well......or is it because it doesn't like what it sees?
Let's just bold the obvious, shall we, because clearly the clay-footed god can do no wrong. 35% of the business in the last two weeks reporting earnings have cited tariffs as a big headwind. My paper is full of stories of businesses negatively impacted ALREADY - costing one small business $1 MILLION A MONTH.

Tariffs have rendered as an UNKNOWN future business earnings, growth, and employment. This will affect tax revenue and expenditures - especially if people start to lose their jobs because of the tariffs. Not only don't they pay taxes, WE pay THEM unemployment benefits, food stamps, increases to the Medicaid rolls further putting pressure on the already ballooning deficits because of the criminal tax bill.

The market hates uncertainty. Right now, what had been a healthy recovery through 2017 is meeting SELF-INFLICTED roadblocks.

What a moron Trump is - as are the morons who think this man has even one working brain cell.
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Old 10-30-2018, 07:29 PM
 
172 posts, read 46,636 times
Reputation: 331
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 !!!

LOL !!!!


What a difference 9 months make
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Old 10-31-2018, 07:23 AM
 
Location: north central Ohio
8,422 posts, read 4,369,209 times
Reputation: 4976
Quote:
Originally Posted by CEN2RION View Post
LOL !!!!


What a difference 9 months make

LOL! US Treasury to Borrow More Than $1.3 Trillion in 2018
The U.S. Treasury said Monday it expects to issue about $425 billion in debt this quarter, raising its 2018 borrowing to more than $1.3 trillion, a 145 percent increase from the $546 billion issued in 2017.
The 2018 total would be the largest annual total since 2010, when the Treasury issued $1.586 trillion in debt.
US Treasury to Borrow More Than $1.3 Trillion in 2018 | The Fiscal Times
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Old 10-31-2018, 12:23 PM
 
Location: The 719
14,586 posts, read 22,434,680 times
Reputation: 13877
How's the old DOW doin' today?
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Old 10-31-2018, 01:35 PM
 
Location: Kansas City, MISSOURI
9,013 posts, read 2,742,576 times
Reputation: 6945
Quote:
Originally Posted by McGowdog View Post
How's the old DOW doin' today?
The old DOW is right at about the same level it was when this thread was started - almost 11 months ago. That's how it's doin'.

IOW, it ain't been doin' nothin' all year long.
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Old 11-01-2018, 10:27 AM
Status: "\_(ツ)_/" (set 19 days ago)
 
11,385 posts, read 5,969,654 times
Reputation: 3599
Quote:
Originally Posted by James Bond 007 View Post
The old DOW is right at about the same level it was when this thread was started - almost 11 months ago. That's how it's doin'.

IOW, it ain't been doin' nothin' all year long.
Give it some time, it will be back down for the year soon. We are in a period of volatility.
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Old 11-01-2018, 11:02 AM
 
172 posts, read 46,636 times
Reputation: 331
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 !!!

And yet Wall Street are now supporting Dems for the first time in a decade.


Go figure.


Wall Street is backing Democrats for the first time in a decade
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