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Old 11-12-2018, 03:04 PM
 
32,927 posts, read 12,225,477 times
Reputation: 14684

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Quote:
Originally Posted by WaldoKitty View Post
The prospect of Maxine Waters being over the House Means & Ways committee is spooking Wall Street Investors. '

They know what that woman will do to business.

Taxes & Regulations.




Wall Street is scared of those loons. The sell off is a sign of it.
She's set/expected to chair the House Financial Services Committee, not the House Ways and Means Committee .
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Old 11-12-2018, 03:05 PM
 
Location: AZ
3,321 posts, read 1,090,708 times
Reputation: 1608
Quote:
Originally Posted by middle-aged mom View Post
Opinions are not facts.
Don’t even bother arguing that point with them, it’s a lost cause. They have no principles, so the truth takes on whichever form that suits the current right-wing talking points.
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Old 11-12-2018, 03:09 PM
 
20,955 posts, read 8,599,111 times
Reputation: 14048
Quote:
Originally Posted by Tonyafd View Post
The President is in full meltdown with the press. He goes ballistic with every one who asks him the wrong question. Are the financial markets reacting?
It sorta runs contrary to the Idea that Trumps economic moves are intelligent......the DOW will be lucky to make 50% of its average return...if any!

The financial markets have been reacting ever since he started working on Tariffs. They also are completely confused by all his tweets (apparently this is how he runs the country)....businesses cannot plan for the future because The Don may get a bug up his arse one day about their company or product...or just take random acts that sink businesses.

Until we have steady hands at the many helms expect more of the same. We could have recession, depression or even massive world wars. NOTHING is off the table with the inexperienced mad man. This has never happened before (ask any Presidential Historian or Scholar - nothing even close).....so we can't guess at the outcomes. In my experience the outcomes from lack of planning and chaos aren't usually good - but we may get lucky.

No one knows.
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Old 11-12-2018, 03:13 PM
 
20,955 posts, read 8,599,111 times
Reputation: 14048
Quote:
Originally Posted by PilgrimsProgress View Post
Stop blaming Trump for everything. Stocks always go up and what goes up must come down. If you don't have the stomach for it, buy precious metals and bury them in your back yard. Otherwise use lower prices to buy stocks.


This particular dip is due to a few tech stocks. Not all stocks.
My biotechs are down 15% or more from their highs. So are a number of other stocks and sectors.

If they are not down, they certainly are not up.

He dumps on Amazon, right? He claims he wants to hurt them.....so am I supposed to not think he has responsibility in sinking their stock somewhat?

Maybe he should shut up about things he knows nothing about (most things) and let other people do their jobs?? We don't need a MicroManager in Chief - let alone a Fraud and Con Man for the position.
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Old 11-12-2018, 03:14 PM
 
8,411 posts, read 7,387,113 times
Reputation: 6406
It's difficult not to blame Trump when he seeks praise when the market is up. He shouldn't pat himself on the back when the market is good but he does every single time. He should be called out when it's down.
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Old 11-12-2018, 03:16 PM
 
Location: Proxima Centauri
5,768 posts, read 3,201,819 times
Reputation: 6094
Quote:
Originally Posted by Joe the Photog View Post
The stock market goes up and the stock market goes down. It doesn't matter who is president.

600 points?
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Old 11-12-2018, 03:18 PM
 
Location: Mount Airy, Maryland
16,148 posts, read 10,287,928 times
Reputation: 27279
Quote:
Originally Posted by PilgrimsProgress View Post
Stop blaming Trump for everything. Stocks always go up and what goes up must come down. If you don't have the stomach for it, buy precious metals and bury them in your back yard. Otherwise use lower prices to buy stocks.


This particular dip is due to a few tech stocks. Not all stocks.

As others have pointed out it is as if you are totally unaware that President Trump took full credit for the record highs. He was quite vocal about that. We also have threads doing the same thing here. When he takes the credit for the highs he then owns the lows. That's why other Presidents were not stupid enough to do what he did.


Of course this is Donald Trump we are talking about so now he is blaming the Democrats for the drop. What a clown this guy is.


https://www.marketwatch.com/story/tr...ent-2018-11-12
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Old 11-12-2018, 03:20 PM
 
Location: Proxima Centauri
5,768 posts, read 3,201,819 times
Reputation: 6094
Quote:
Originally Posted by notnamed View Post
We're coming off record highs and we're due for another recession. No real surprise. Just unfortunate for Trump that he tied his success to the stock market performance.

Yes, the market and the economy are due for a slowdown. This would have happened no matter who is President. The volatility may belong to Trump.
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Old 11-12-2018, 03:23 PM
 
10,513 posts, read 5,126,002 times
Reputation: 14056
Quote:
Originally Posted by PilgrimsProgress View Post
Stop blaming Trump for everything.

Trump and his lemmings took tons of credit when the market went up. Dancing in the end zone.
If they take credit on the upside, then it's only fair they take the hit on the downside, right?
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Old 11-12-2018, 03:33 PM
 
Location: Mount Airy, Maryland
16,148 posts, read 10,287,928 times
Reputation: 27279
Quote:
Originally Posted by Elliott_CA View Post
Trump and his lemmings took tons of credit when the market went up. Dancing in the end zone.
If they take credit on the upside, then it's only fair they take the hit on the downside, right?

Maybe if enough posters continue to hammer this point home PP will finally get it. Or is that asking too much?
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