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Old 12-21-2018, 08:31 AM
 
Location: Lost in Montana *recalculating*...
11,861 posts, read 15,511,577 times
Reputation: 12163

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Quote:
Originally Posted by TEPLimey View Post
Yes, who would equate the economy with the DOW? What kind of idiot would do that?

Why... the OP, of course, when the OP started a thread entitled, "President Trump is absolutely the greatest on the economy. Dow breaks 25,000"

So maybe you should take your outrage to that idiot of an OP and dress him/her down for being economically ignorant.


Oh wait. The OP is you.
Ha ha ha ha!
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Old 12-21-2018, 08:52 AM
 
26,705 posts, read 9,085,250 times
Reputation: 9311
Quote:
Originally Posted by Finn_Jarber View Post
All I have to go with is your word. You were here saying the market was a great buying opportunity when it had fallen to 25 500. I assume you put your money where your mouth was. Is that not the case?
All you really have to do is read and stop reading into what is stated. No need to assume anything. But I get it. The smear is in gear. Enjoy your imagination !!!

Those who know the least about the thread topic naturally focus their attention on the OP.
He doesn't mind being the center of their universe. Its the natural order of things.

Last edited by phma; 12-21-2018 at 09:03 AM..
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Old 12-21-2018, 09:13 AM
 
Location: Florida
63,078 posts, read 34,350,819 times
Reputation: 10477
Quote:
Originally Posted by phma View Post
All you really have to do is read and stop reading into what is stated. No need to assume anything. But I get it. The smear is in gear. Enjoy your imagination !!!
Can you just clarify it then. Now it sounds like you came here to say it was a great buying opportunity, and yet you did not buy anything.....

Put your money where you mouth is!
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Old 12-21-2018, 09:14 AM
 
26,705 posts, read 9,085,250 times
Reputation: 9311
Did the bad orange man manipulate the world oil price to benefit American consumers ?

It looks that way.

Thanks Mr. Trump. Nation avg. $2.34 per/gal. with some states under $2.00 per/gal.
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Old 12-21-2018, 09:19 AM
 
Location: Sonoran Desert
29,352 posts, read 39,775,069 times
Reputation: 18792
Quote:
Originally Posted by phma View Post
Did the bad orange man manipulate the world oil price to benefit American consumers ?

It looks that way.

Thanks Mr. Trump. Nation avg. $2.34 per/gal. with some states under $2.00 per/gal.
The bad orange man's tariffs are crippling the global economy and this is reflected in declining oil prices. This is not good news for the oil producing states.
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Old 12-21-2018, 09:26 AM
 
26,705 posts, read 9,085,250 times
Reputation: 9311
Quote:
Originally Posted by Ponderosa View Post
The bad orange man's tariffs are crippling the global economy and this is reflected in declining oil prices. This is not good news for the oil producing states.
Its hard to believe that the democrats who want to eliminate fossil fuels would be the least bit concerned about oil producers or oil producing states. Its a cyclical industry anyway.

https://www.financialsense.com/contr...ive-stages-oil

First it’s important to understand that the oil industry is cyclical, and more importantly to understand the reason that it is cyclical. The long history of the oil industry has been one of boom and bust cycles. During the booms we hear about windfall profits, but during the downward part of the cycle, oil companies lose a lot of money and many people lose their jobs.
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Old 12-21-2018, 09:38 AM
 
Location: alexandria, VA
9,518 posts, read 4,348,832 times
Reputation: 5299
Quote:
Originally Posted by Rambler123 View Post
The market would be about exactly the same as it is today, unless you seriously think Trump has done anything of value? He hasn't. Even his pay-day loan style tax scam, while good for fluffing the market, will have long-term negative effects.

Ah, the far right. They'd rather have a raging lunatic like Trump in office than somebody sane who might be slightly left of center. Laughable.
After the sugar high comes the hangover.
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Old 12-21-2018, 09:47 AM
 
Location: Kansas City, MISSOURI
9,013 posts, read 2,738,961 times
Reputation: 6945
Quote:
Originally Posted by phma View Post
Did the bad orange man manipulate the world oil price to benefit American consumers ?

It looks that way.

Thanks Mr. Trump. Nation avg. $2.34 per/gal. with some states under $2.00 per/gal.
Thanks to the shale revolution, these days, falling oil prices hurt the US economy more than help it.

Why falling oil prices are now a net drag on the U.S. economy
Quote:
President Donald Trump on Wednesday touted falling oil prices as a “tax cut for America and the world,” but economists say the shale revolution, which has turned the U.S. back into a major oil producer, means that declining crude prices are now a small headwind for the economy.

“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweigh the gains to consumers’ spending from cheaper gas prices,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics, in a Monday note.
This is THE reason why a lot of economic stats turned down for a while in 2015 and early 2016: The price of oil crashed in 2015.
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Old 12-21-2018, 10:01 AM
 
26,705 posts, read 9,085,250 times
Reputation: 9311
Quote:
Originally Posted by James Bond 007 View Post
Thanks to the shale revolution, these days, falling oil prices hurt the US economy more than help it.

Why falling oil prices are now a net drag on the U.S. economy

This is THE reason why a lot of economic stats turned down for a while in 2015 and early 2016: The price of oil crashed in 2015.

Wasn't that during the Obama Goldie Locks Economy ? 2015 and early 2016


Point is the oil industry is still cyclical. It went on to reach $ 70.00 per/barrel recently and is back below $50.00 per/barrel now. The price is subject to wide swings and various influences including OPEC who was more influential in the past.

So far huge layoffs haven't taken place and tens of millions of consumers are benefiting from lower gas prices.

Last edited by phma; 12-21-2018 at 10:42 AM..
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Old 12-21-2018, 11:53 AM
 
5,297 posts, read 2,695,906 times
Reputation: 3540
Quote:
Originally Posted by phma View Post
People have been advised to stop singing when the manure pile they're in is over their head. You should have listened.
Its posted in the thread and you couldn't be more wrong. I was out way to early before the all time high.

What is noticeable is the amount of consistent projection and baseless accusations directed at the OP. Even though the information and truth is available there is so little effort made to obtain it by the envious posters.
Its OK though.
Its expected and false accusations are routine MO for liberals consumed with jealousy and hate for winners who remain humble and understated despite all their success. Sad but true is the democrats idea that they can effortlessly escape their own s-hol by pulling others down in to it. Somehow they think they will eventually rise to the top. Not realizing they are still in the same s-hol they created. Similarly the DOW searches for a bottom and gets closer to the liberals "Goldie Locks Economy".

In other topic related news is something else Trump gets credit for b/c its happening on his watch and its his world to play with. ( Will higher interest rates around the world slow global growth ?)

More than half of global central banks are raising rates, and that’s a problem for stocks
http://www.marketwatch.com/story/mor...dist=bigcharts
Have you sought counseling for your obvious inferiority complex? Might help.
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