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Old 04-02-2018, 10:26 AM
 
Location: USA
17,069 posts, read 8,711,398 times
Reputation: 12866

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So Trump, or any President controls the algorithms, and computer trading all the markets use.

 
Old 04-02-2018, 10:26 AM
 
Location: Sonoran Desert
29,301 posts, read 39,649,356 times
Reputation: 18717
Trump's intemperate remarks are responsible for the first quarterly loss on the Dow since 2015.
 
Old 04-02-2018, 10:27 AM
 
Location: Central Mexico and Central Florida
7,091 posts, read 3,438,402 times
Reputation: 10136
Quote:
Originally Posted by DRob4JC View Post
Great... so if the market begins increasing again, you will reluctantly give Trump credit.

That's all I want to know with the question I asked.
I gave him credit...based on his unsound policies. That massive corporate tax cut made Wall Street and Goldman Sachs ecstatic. His repeal of regulations that had protected our lands, rivers and air have made mining companies, chemical companies and manufacturers wild with excitement.

In the short term the corporate greed is/was being fed at trump's trough. But long term it's bad for our environment and fiscal soundness.

His tariffs though are going to bite the US's arse sooner rather than later.
 
Old 04-02-2018, 10:28 AM
 
Location: Los Angeles
746 posts, read 219,089 times
Reputation: 503
Well if you trash talk the top performing tech stock in the past year Amazon and threaten China with a trade war and they respond...the market goes down. Meanwhile President Xi is talking up their Chinese tech companies, not trashing them. Very rarely can you make a president totally responsible for the stock market unless there is some major geopolitical crisis that demands a major decision. On this particular day in the market....the swings and increase in volatility has been completely manufactured by Trump. In my view this is completely irresponsible and for what??? To protect a presidents fragile ego. This is the most un-GOP behavior possible.
 
Old 04-02-2018, 10:44 AM
 
26,413 posts, read 8,972,430 times
Reputation: 9182
Quote:
Originally Posted by illinoisphotographer View Post
Perhaps a simple Investing 101 class is needed for you.

Shareholders are the ultimate owners of a publicly traded company. Their want is for the company to maximize revenue. Policies that Trump tweets about or whatnot that hurts potential revenue means that shareholders get less back (in forms of dividends or in stock value). Thus the stock price goes down. In order to continue to meet target goals, the company needs to either increase profits (by raising prices, selling more etc) or reduce costs - more automation, cheaper manufacturing costs, etc.

At some point, you can't raise prices higher (or you price yourself out) and you can't cut any more manufacturing costs, so you lay off people. Layoffs = unemployment = bad for the economy.

And don't fool yourself that different segments of the economy aren't linked. If any major industry goes belly up, the rest of the market is soon to follow. See the tech bubble in the 90's or the RE bubble in the late 2000's.
Thankfully the simple Investing 101 class won't be taught by you.

I've made my position on investing quite clear.
See post # 987 and tell me what I did wrong.

President Trump is absolutely the greatest on the economy. Dow breaks 25,000
 
Old 04-02-2018, 10:58 AM
 
37,964 posts, read 14,800,640 times
Reputation: 24299
Looks like the DIA is at about where it was last November before all the hoopla.
 
Old 04-02-2018, 11:01 AM
 
Location: Barrington
45,671 posts, read 33,923,145 times
Reputation: 15221
NASDAQ has erased YTD gains.
 
Old 04-02-2018, 11:02 AM
 
32,203 posts, read 16,536,851 times
Reputation: 17293
Quote:
Originally Posted by JAMS14 View Post
Trump has been in office for 15 months now. He signed a massive tax cut and an even more massive omnibus bill, and the estimates are that the combination of those two actions will grow the deficit by over $1 trillion as soon as next year.
Republican deficits do not count. All that money is put in the pockets of the job creators, blessed are their names, and it's going to trickle down. Any minute now. Any. Minute.
 
Old 04-02-2018, 11:03 AM
 
Location: Boston
7,636 posts, read 2,227,403 times
Reputation: 5429
not a place for small time investors, buy a mattress
 
Old 04-02-2018, 11:03 AM
 
11,947 posts, read 5,675,225 times
Reputation: 6950
Quote:
Originally Posted by DRob4JC View Post
Now what did he do?

You do understand that we were at 18,000 or so when he got in? ... not exactly tanking here.
According to the CLI (Chicken Little Index) The sky is falling.

The same CLI predicted that 18,000 Index would CRASH with the election of Donald Trump.

None of this is Investor Fears - it's high speed computer trading algorithms.
A drop of less than 2% (or even 2%) is a long way from a "market tanking".

Tech Stocks are taking a hit - (perhaps they should have stayed out of politics & stealing people's information)
Some trade concern on Tariffs - which are not even done yet. The Tariffs coming out of China are next to nothing and a pretty mild response. Our Trade Deficit IS serious and it's harmful to our Economy NOW and even worse in the Future.

It's always bizarre to see Americans run down America & our Economy & National Security JUST because the Queen didn't get her Crown, and because they belong to a different Political Party.

But that is the Reality and I don't see it changing at all.
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