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Old 05-05-2019, 08:25 PM
 
Location: Houston, TX
3,909 posts, read 2,122,032 times
Reputation: 1644

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So much RED on the markets right now! WOW! Why would markets react negatively towards increased taxes?

 
Old 05-05-2019, 09:13 PM
 
34,300 posts, read 15,649,302 times
Reputation: 13053
Quote:
Originally Posted by Mtnluver8956 View Post
So much RED on the markets right now! WOW! Why would markets react negatively towards increased taxes?
We know, they hate revenue, right ?
 
Old 05-06-2019, 07:36 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Thanks Trump.

Quote:
Dow futures drop more than 450 points as China considers skipping trade talks after Trump threat
 
Old 05-06-2019, 08:02 AM
 
45,676 posts, read 24,012,426 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
Its not unusual for Trump to be attacked like this and down the road proven right. The communist don't intimidate him both foreign or home grown.
When was he proven right?
 
Old 05-06-2019, 08:08 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by phma View Post
Its not unusual for Trump to be attacked like this and down the road proven right.
Proven right? You mean that taxing the American consumer is always the right thing to do in your book?
 
Old 05-06-2019, 08:10 AM
 
1,134 posts, read 404,804 times
Reputation: 912
Some of you guys sound dismayed at the little market drop this morning. It's just barely over 1%. If that scares you, I assume you do not participate in the markets, and you shouldn't. The predictions last week were for a 5-10% correction. Will we get there? I hope so. If you don't understand why someone would say that, it's probably best that you stay away from the markets.
 
Old 05-06-2019, 08:19 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by BlueRacer View Post
The predictions last week were for a 5-10% correction. Will we get there? I hope so.
What predictions?
 
Old 05-06-2019, 08:28 AM
 
45,676 posts, read 24,012,426 times
Reputation: 15559
Quote:
Originally Posted by BlueRacer View Post
Some of you guys sound dismayed at the little market drop this morning. It's just barely over 1%. If that scares you, I assume you do not participate in the markets, and you shouldn't. The predictions last week were for a 5-10% correction. Will we get there? I hope so. If you don't understand why someone would say that, it's probably best that you stay away from the markets.
Links to the predictions please

Typed in stock market correction and nothing came up from last week.


And you know I agree -- it's not a huge downward trend and hopefully it won't be but it is less about the amount and more about the trend itself.

Whenever Trump brings up trade with China the stock market reacts -- and not in a positive way.
 
Old 05-06-2019, 08:32 AM
 
45,676 posts, read 24,012,426 times
Reputation: 15559
Trade deficit with China grew in 2018. Guess tariffs aren't really doing any good.

Still not as much as Trump claims it to be -- but getting closer

(Trump claims a 500 billion trade deficit with China --- last year was the closet to that made up number -- 429 billion last year.....)

In fact, Trump is breaking records in trade deficit over all -- which indicates his trade policies are failing.
The U.S. Census Bureau reported that the U.S. goods trade deficit reached a record of $891.3 billion in 2018, an increase of $83.8 billion (10.4 percent)
 
Old 05-06-2019, 08:33 AM
 
20,955 posts, read 8,672,766 times
Reputation: 14050
If only Trump would let the free market rule....we'd be doing twice as good as we are!

The guy knows how to make good things bad and great things neutral.
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