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I said if it happens on a Presidents watch they get credit and blame for it. Obama created a bubble economy and Trump is blowing it up to build it on a firm foundation which will create the greatest modern economy America has ever experienced. He was elected as a disrupter and was clear about what he was going to do during the campaign. Cut taxes, get out of bad deals, make better trade deals including using tariffs as a tool to do it.
Trade deals that improve conditions, job for workers here like the ones with S. K., Canada, Mexico and eventually China etc...…….. That's a solid foundation not the free money stock buy backs of the Obama era economy.
If get a recession - or at least a notable slowdown - sometime in the next couple years, are you going to go on record that you will blame Trump for it?
I see. So when the stock market goes up under Obama, it has nothing to do with Obama. No doubt when it goes DOWN under Obama it has EVERYTHING to do with Obama!
And then - OF COURSE! - when the stock market goes UP under Trump, it has everything to do with Trump. But when it goes DOWN under Trump, it has nothing to do with him!
See? All you're doing is cherry picking who and when you want to give stock market credit to. YOU started this thread giving Trump credit for the rise in the stock market. Now you OWN it whether you like it or not. If the stock market goes down to where it was when Trump was elected, then according to your own reasoning it will be Trump's fault, and you're not going to weasel your way out of it no matter how many lies and rhetorical sleights of hand you attempt.
Once again I said the President who's watch it happens on gets credit. Obama gets credit for the market going up. Why wouldn't he ? He was giving free money to the banks and Wall St. and they donated to his campaign.
Its amazing that so many people see what is happening now and see in in a negative light.
Down on the corner not far from me they just demolished an old building and are putting in the foundation for a new one. Its not a new concept. The bubble had to pop didn't it, so we can start on a solid foundation.
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Quote:
Originally Posted by phma
Once again I said the President who's watch it happens on gets credit. Obama gets credit for the market going up. Why wouldn't he ? He was giving free money to the banks and Wall St. and they donated to his campaign.
Its amazing that so many people see what is happening now and see in in a negative light.
Down on the corner not far from me they just demolished an old building and are putting in the foundation for a new one. Its not a new concept. The bubble had to pop didn't it, so we can start on a solid foundation.
Well, you're the one who told us it was so great when the DJA broke 25,000 going up. And NOW we're supposed to believe some con-man that it's also great when it breaks it going down?
Will you be talking out of any other sides of your mouth or will you be stopping at two?
If get a recession - or at least a notable slowdown - sometime in the next couple years, are you going to go on record that you will blame Trump for it?
What I would blame him for is if he fails on a recovery like Obama did. Recessions are caused by many things outside of the control of the President but the recovery they can play a part in that.
For example if we are at the start of a recession right now and he fails the recovery I'll put the blame there. If he is blocked by the Dems they get the blame for that too.
Making clownish accusation won't make you a winner on this topic. You have confused the markets with the economy. Apparently you can't distinguish between them. I can and do. The POTUS can and does effect the markets and we have seen that with a tweet. The anti-Trumpers never fail to point it out. Yet, somehow you are still confused on what is a market and what is an economy.
According to you only Obama's good economic news and/or GDP are worthy of consideration.
I don't need the economist to tell me what to think. The economy I most care about is my own and I'm the expert on it. Most economist will give the opinion they are being paid to give. They told us Obama was right about everything and they are being proven wrong including that 2% GDP was a new normal.
Tell daddy that.
You talk like the only business in the country is big business. Small business is the backbone of this economy and millions of those small business enjoy the tax cuts and benefit others in their community. They don't have stock at all to buy back. Millions of people work a fulltime job and have a business on the side and benefit from the tax cuts and reg. roll back too.
Check your tunnel vision.
Every time you cherry pick the issue you come up wrong. So far Trump hasn't had a "worse two years". He hasn't even had two years. Tell your daddy that, he might be interested.
Then you circle back to your confusion on what is market and what is economy.
Perhaps if you were more prepared on the topic your frustration would be less.
I never, to my knowledge, have made an issue or any assumptions about tax cuts and share buybacks. I expect it will happen. Its not something new. Some people say it has good effects and pushes the stock price up and retirement accounts benefit from it. Some may be parking their money there until they decide what new opportunities exist or present. Lots or reasons for doing something and not doing something. Its not a major issue for me. I'm not buying back any shares.
Quote:
Originally Posted by phma
Apparently you never followed the thread. No point in going over the same old ground.
The DOW wasn't up in April when the thread was started so you seem to be playing fairly fast and lose with the truth there.
You can't be talking about the economy b/c as we have seen from the links in recent post the Fed says it doing great.
It looks like you are the second one to suggest Trump controls the stock market & the DOW. That's pretty far out there in fantasy land but if that's your opinion. I don't mind laughing. It never hurts to have a little comedy in the thread.
Quote:
Originally Posted by James Bond 007
I see. So when the stock market goes up under Obama, it has nothing to do with Obama. No doubt when it goes DOWN under Obama it has EVERYTHING to do with Obama!
And then - OF COURSE! - when the stock market goes UP under Trump, it has everything to do with Trump. But when it goes DOWN under Trump, it has nothing to do with him!
See? All you're doing is cherry picking who and when you want to give stock market credit to. YOU started this thread giving Trump credit for the rise in the stock market. Now you OWN it whether you like it or not. If the stock market goes down to where it was when Trump was elected, then according to your own reasoning it will be Trump's fault, and you're not going to weasel your way out of it no matter how many lies and rhetorical sleights of hand you attempt.
PHMA has been called out on this several times on this thread, yet each time like a good Trumpeter denies what's clearly written fro this our her own words each and every time. It's actually comical at this point.
This actually makes no sense. There was a recovery under Obama. How did he "fail" it?
So are you saying all there has to be is a recovery and average 2% GDP for greatness.
If that is the standard then no problem.
If Trump can't do that he should be run out of office at the end of his second term.
So are you saying all there has to be is a recovery and average 2% GDP for greatness.
If that is the standard then no problem.
If Trump can't do that he should be run out of office at the end of his second term.
So going from recession to expansion isn’t a recovery? That’s an interesting theory.
“The market selloff has taken on a life of its own and selling is begetting more selling, but so far we haven’t seen a capitulation moment, so I’m taking a more cautious approach,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.
PHMA has been called out on this several times on this thread, yet each time like a good Trumpeter denies what's clearly written fro this our her own words each and every time. It's actually comical at this point.
I don't see where those post make your case. If you do its fine. Its not my failure.
I have a question for you. If you are up to it ?
In a down turn or a recession under the current leftist socialist/communist mindset what would happen to turn the economy around and make a stock market go up ? More taxes ? More unpaid for social programs ? Are people going to be entrepreneurs to make min. wage ?
What would it be ?
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If the stock market goes down to where it was when Trump was elected, then according to your own reasoning it will be Trump's fault, and you're not going to weasel your way out of it no matter how many lies and rhetorical sleights of hand you attempt.
