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Old 12-21-2018, 02:03 PM
 
15,255 posts, read 4,025,863 times
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Quote:
Originally Posted by r small View Post
Trump said there was no Blue Wave. He claimed the election in November was a big victory for himself and the Republicans. Was Trump lying or is he just an idiot?
Trump is a God because he always gets to have it both ways - or 100 ways in his case! He claims every possible side of every issue so he always right!

Why, this is about like betting on red, green, o and oo in Roulette. You will "win" each and every time.
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Old 12-21-2018, 02:03 PM
 
7,090 posts, read 2,516,831 times
Reputation: 3586
Worst week for the Dow since October 2008.
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Old 12-21-2018, 02:06 PM
 
Location: alexandria, VA
9,491 posts, read 4,343,969 times
Reputation: 5292
Quote:
Originally Posted by legalsea View Post
I do not rejoice in the market's fall. However, the stock market likes stability. Mr. Trump is not providing stability. He says one thing, then tweets something opposite. He indicates that he would sign the CR passed by the Senate, then watches Fox and Friends and decides to hunker down on his wall money.



The economy itself is sound. As noted in other places, the stock market is not a true reflection of the state of the economy, although some argue (with some reason) that it is an indicator of future economic strength.
The economy does seem to be sound. But so did the economy before the Great Recession. And then something that wasn't even on the radar, sub-prime mortgages, precipitated a financial meltdown. I think there is good reason to be nervous these days. Especially with a lunatic in the White House.
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Old 12-21-2018, 02:08 PM
 
Location: Eureka CA
8,255 posts, read 11,115,794 times
Reputation: 12572
Where's the OP?
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Old 12-21-2018, 02:09 PM
 
15,255 posts, read 4,025,863 times
Reputation: 11027
Quote:
Originally Posted by moneill View Post
Well -- how much lower are we going to go?

What can possibly turn around the markets in the next two weeks?

All economic indicators aren't pointing to more positive indicators.....in fact, a general slowing down.

It's that whole -- when do we hit bottom guessing game.

Good luck to those that can play.
Odds are involved......throwing some out there...

5% chance of Recession or Depression.
10% chance of stagnation
1% chance of Nuclear or World War.
20% chance that the market get's accustomed to complete Chaos and starts up slowly again.
50% chance nothing really good happens until Trump is out of office or completely defanged in some other way.
The rest of the odds are on "can't predict at all"....like Trump ACTUALLY walking out of the door and killing someone on 5th avenue (or many people)....

While there is a certain randomness to much of life, economics and stability in government and a "happy" populace are not within that particular situation. These things must be planned, seized, promoted and enhanced with sanity and proper policy.

I think even Trumpies can agree that isn't going to happen. If Trump had a "deeper self" that knew things and cared about the USA, we could have seen that after the election. He had no reason to continue to play games...other than that there is no "there" there.
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Old 12-21-2018, 02:11 PM
 
7,150 posts, read 5,420,672 times
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The title of the thread should have been changed a month ago. Individual 1 sends the economy plunging into chaos.
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Old 12-21-2018, 02:13 PM
 
Location: Sonoran Desert
29,352 posts, read 39,760,611 times
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Quote:
Originally Posted by legalsea View Post
I do not rejoice in the market's fall. However, the stock market likes stability. Mr. Trump is not providing stability. He says one thing, then tweets something opposite. He indicates that he would sign the CR passed by the Senate, then watches Fox and Friends and decides to hunker down on his wall money.



The economy itself is sound.
As noted in other places, the stock market is not a true reflection of the state of the economy, although some argue (with some reason) that it is an indicator of future economic strength.
I beg to differ. Maybe at the moment things look sound, but there are red flags and dead canaries laying everywhere. We might make it to late 2019 or early 2020, but a recession is clearly on the way. The world economy is ahead of our own on the road to recession and will inevitably drag us down with it. Trump's tariffs are significantly responsible, but debt is the main culprit.
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Old 12-21-2018, 02:16 PM
 
5,214 posts, read 1,565,345 times
Reputation: 3042
Quote:
Originally Posted by Ponderosa View Post
I beg to differ. Maybe at the moment things look sound, but there are red flags and dead canaries laying everywhere. We might make it to late 2019 or early 2020, but a recession is clearly on the way. The world economy is ahead of our own on the road to recession and will inevitably drag us down with it. Trump's tariffs are significantly responsible, but debt is the main culprit.
Well thank goodness for deficit funded tax cuts for the rich, I guess.
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Old 12-21-2018, 02:16 PM
 
7,150 posts, read 5,420,672 times
Reputation: 5339
It's official C-D. Nasdaq officially in a bear market. Worst president ever. Mr. Mueller, all I want for Christmas is Individual 1 removed from office.
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Old 12-21-2018, 02:19 PM
 
Location: alexandria, VA
9,491 posts, read 4,343,969 times
Reputation: 5292
The bears are out of the cave.
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