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Old 01-28-2019, 09:07 AM
 
Location: IL
1,874 posts, read 817,527 times
Reputation: 1133

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Quote:
Originally Posted by Frank DeForrest View Post
Right, it wasnt the historic levels of QE by the fud
yes, nothing but an small-brained partisan post from that person. anyone who knows anything about the markets knows they have been over valued for awhile now, well before trump was in office.
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Old 01-28-2019, 09:10 AM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by Jacobo1 View Post
yes, nothing but an small-brained partisan post from that person. anyone who knows anything about the markets knows they have been over valued for awhile now, well before trump was in office.
There was maybe one or two of us here complaining while it was happening. Trump supporters can make excuses valid and otherwise why he is not responsible but they are as responsible as anyone.

Hardly anyone was demanding it to stop. Greed has become incredibly bipartisan.
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Old 01-28-2019, 09:23 AM
 
13,940 posts, read 5,615,884 times
Reputation: 8600
To all the utter morons who want to lay this at Trump's feet:

BIS Slammed Federal Reserve and Other Central Banks for Blowing Bubbles and then “Using Gimmicks and Palliatives” which “Will Only Make Things Worse” - Aug 01, 2009

"World’s Most Prestigious Financial Agency – Called the “Central Banks’ Central Bank” – Slams U.S. Economic Policy" - July 16, 2012

Feel free to browse the quarterly reports published by the Bank for International Settlements aka "the central bank for all the central banks." Go back to QE1 and read all of the BIS reports up to and including QE3. BIS was warning the US and the world about reckless US Fed policy within 6 months of the 2008 crash. In 2012, they were shrieking it from the rooftops.

Blaming Trump is not just entirely disingenuous, but intellectually and historically retarded. Not shocking though, since a housing/mortgage/banking crisis the US Fed and federal government starting building in 1975 got laid at the feet of George W Bush. The colossal amount of ignorance in America is the stuff of dystopian nightmares.
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Old 01-28-2019, 09:23 AM
 
26,463 posts, read 15,053,236 times
Reputation: 14615
Quote:
Originally Posted by r small View Post
Trump will get (and deserve the blame). His tax cuts for the rich have piled on more debt that will not leave much room for stimulating the economy with future tax cuts and spending. His protectionist trade policies and tariffs will be a long term drag on the economy. His instability and increasing psychosis will create uncertainty in the markets making them susceptible to large sell-offs. If the U.S. tips into recession in the next two years Trump will own it. It will be the "Trump Recession".
Despite its faults the US has arguably the strongest economy of all the major world players at the moment does it not?

The EU's economy is slowing down and behind the growth rate of the US.

UK's economy is slowing down and behind the growth rate of the US.

France's economy is slowing down and behind the growth rate of the US.

China's economy is slowing down and there are questions of deceitful numbers.

Japan's economy is actually in contraction at the moment.

Germany's economy is actually in contraction at the moment.



The whole industrialized world appears to be headed for a downturn. Trump made some poor choices, but he is not solely to blame for a worldwide downturn starting overseas - no?
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Old 01-28-2019, 09:25 AM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by Volobjectitarian View Post
To all the utter morons who want to lay this at Trump's feet:

BIS Slammed Federal Reserve and Other Central Banks for Blowing Bubbles and then “Using Gimmicks and Palliatives” which “Will Only Make Things Worse” - Aug 01, 2009

"World’s Most Prestigious Financial Agency – Called the “Central Banks’ Central Bank” – Slams U.S. Economic Policy" - July 16, 2012

Feel free to browse the quarterly reports published by the Bank for International Settlements aka "the central bank for all the central banks." Go back to QE1 and read all of the BIS reports up to and including QE3. BIS was warning the US and the world about reckless US Fed policy within 6 months of the 2008 crash. In 2012, they were shrieking it from the rooftops.

Blaming Trump is not just entirely disingenuous, but intellectually and historically retarded.
Interest rates have needed to rise for a long time. Trump complaining and threatening over the rates rising makes him as stupid as the rest.
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Old 01-28-2019, 09:29 AM
 
13,940 posts, read 5,615,884 times
Reputation: 8600
Quote:
Originally Posted by pknopp View Post
Interest rates have needed to rise for a long time. Trump complaining and threatening over the rates rising makes him as stupid as the rest.
I understand that, but he is simply the most current WH occupant watching reckless Fed policy and doing nothing about it. Laying all blame on him is ignorant.
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Old 01-28-2019, 09:32 AM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by Volobjectitarian View Post
I understand that, but he is simply the most current WH occupant watching reckless Fed policy and doing nothing about it. Laying all blame on him is ignorant.
I am most certainly not trying to lay all the blame on him but it shows his lack of leadership. A leader would state that rates have to rise and the rising rates may slow the economy but that is what is best for the long term good for the country.

Hillary would be doing the same thing as Trump. Some day maybe we will get a president that cares for something more than the next election.
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Old 01-28-2019, 09:44 AM
 
13,940 posts, read 5,615,884 times
Reputation: 8600
Quote:
Originally Posted by pknopp View Post
I am most certainly not trying to lay all the blame on him but it shows his lack of leadership. A leader would state that rates have to rise and the rising rates may slow the economy but that is what is best for the long term good for the country.

Hillary would be doing the same thing as Trump. Some day maybe we will get a president that cares for something more than the next election.
We definitely agree here, and BIS agrees with us as well.

One of the major political footballs with what needs to happen is servicing the interest on the debt. Even a quarter point here and another there makes that section of whatever it is they call a budget these days get downright heinous in hurry.
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Old 01-28-2019, 09:46 AM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by Volobjectitarian View Post
We definitely agree here, and BIS agrees with us as well.

One of the major political footballs with what needs to happen is servicing the interest on the debt. Even a quarter point here and another there makes that section of whatever it is they call a budget these days get downright heinous in hurry.
Indeed. We can fix it or the world will fix it for us. They are not going to allow us to keep our foot on their neck forever.

Our future generations will suffer because for some, a billion dollars is not enough.
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Old 01-28-2019, 09:47 AM
 
Location: East Coast of the United States
27,544 posts, read 28,630,498 times
Reputation: 25111
Quote:
Originally Posted by michiganmoon View Post
The US stock market is significantly overvalued and has been for years now.
There is no way to know if this is the case.

You cannot predict the future of the U.S. stock market, except to say that it is likely to go higher over a long period of time (based on past performance).
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