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Old 04-08-2019, 07:29 PM
 
Location: Pyongjang
5,426 posts, read 2,306,075 times
Reputation: 3643

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8 consecutive gains!! The Trump economy roars on.
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Old 04-08-2019, 07:49 PM
 
Location: SE Arizona - FINALLY! :D
19,868 posts, read 22,743,057 times
Reputation: 7167
Quote:
Originally Posted by mightleavenyc View Post
8 consecutive gains!! The Trump economy roars on.
Um the DOW was DOWN just under 84 pts today.
What are you smoking?


Ken
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Old 04-08-2019, 07:53 PM
 
Location: Florida
62,745 posts, read 34,201,324 times
Reputation: 10416
Quote:
Originally Posted by mightleavenyc View Post
8 consecutive gains!! The Trump economy roars on.
We've been in the red for 16 months......
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Old 04-08-2019, 07:56 PM
 
960 posts, read 192,680 times
Reputation: 1441
China trade deal should produce one more up move. Then markets start to slide down quickly. Then Fed announces "surprise" rate cut. One more mini bounce due to the rate cut. Then all financial hell breaks out before the election.
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Old 04-08-2019, 08:35 PM
 
Location: Middle of the ocean
31,399 posts, read 19,811,577 times
Reputation: 45274
Quote:
Originally Posted by mightleavenyc View Post
8 consecutive gains!! The Trump economy roars on.
Um..... gains of what?
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Old 04-08-2019, 08:54 PM
 
Location: Kansas City, MISSOURI
8,944 posts, read 2,686,313 times
Reputation: 6860
I told you so: the March employment report showed a slowdown in the leading sectors
Quote:
For the past few months, I have been forecasting a jobs slowdown. That has been based in part on the natural progression of a downturn in long leading indicators, then short leading indicators, and finally to coincident indicators of which jobs along with industrial production are the Queen and King, respectively.

Further, I have pointed out that, even when the spread between short and long term bonds simply gets tight, even if there is no outright inversion, employment growth almost always falters. And goods-producing employment - including manufacturing and construction jobs - has *always* faltered in the past 60 years.

Finally, since temporary jobs are a well-known leading indicator for jobs as a whole, I have been expecting them to slow down if not turn down.

March’s jobs report delivered all of this in spades.
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Old 04-09-2019, 06:50 AM
 
Location: Pyongjang
5,426 posts, read 2,306,075 times
Reputation: 3643
Quote:
Originally Posted by LordBalfor View Post
Um the DOW was DOWN just under 84 pts today.
What are you smoking?


Ken
S&P is where it's at. That's a broader index.
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Old 04-09-2019, 06:55 AM
 
Location: Kansas City, MISSOURI
8,944 posts, read 2,686,313 times
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Quote:
Originally Posted by mightleavenyc View Post
S&P is where it's at. That's a broader index.
But, as has been repeatedly pointed out many time in this thread (including by the OP), the title of the thread is, "President Trump is absolutely the greatest on the economy. Dow breaks 25,000."
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Old 04-09-2019, 06:56 AM
 
Location: Pyongjang
5,426 posts, read 2,306,075 times
Reputation: 3643
Quote:
Originally Posted by James Bond 007 View Post
But, as has been repeatedly pointed out many time in this thread (including by the OP), the title of the thread is, "President Trump is absolutely the greatest on the economy. Dow breaks 25,000."
Fair enough. I track the S&P myself though.

Great start to 2019 either way!
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Old 04-09-2019, 07:05 AM
 
Location: Florida
62,745 posts, read 34,201,324 times
Reputation: 10416
Quote:
Originally Posted by mightleavenyc View Post
Fair enough. I track the S&P myself though.

Great start to 2019 either way!
It looks good in 2019 only because it took a nose dive in the end of 2018. It is trying to claw its way back to where it was earlier in 2018.
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