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Did you actually read the article? The stock markets isnt tanking as you also stated (its down 195 point which is a normal trading day). Ex-US the world is in a recession and parts of it are experiencing negative interest rates which is the culprit for lower demand. The US economy is experiencing the best economy in modern history, thanks to Trump. If we had a Hillary in power we would be in decline right now.
the people complaining the most about the stock market most likely have little or no money in it... lol
dRATs want America to fail at every level under Trump. Truly sad. As much as I despised Bill Clinton and Obama I never wished for a bad economy.
Conservative Logic. Notice that GWB started wars and sat upon the worst Recession of ALL time and it must be our fault for noticing.
Data is data. Metrics are metrics. Data doesn't mean everything, but within it's sphere it tells us things.
You don't make America great by rolling manufacturing numbers back a decade. You don't make it great by throwing millions off health insurance. You don't make it great by destroying business after business.
That should not be hard to explain. After all, both Clinton and Obama had decent people in their administrations (bipartisan) and did not destroy the economy with tweets. You should love both economically even if you disagree with them politically.
We're just pointing out the obvious there Ferd. The fact that YOU may not want to hear it, doesn't change that. The economy is NOT on a good course. It's not toast yet, but it IS moving in the wrong direction. Trump boosted the economy temporarily with ill-conceived and unnecessary tax cuts. Now as the economy slows the deficit is skyrocketing.
Ken
you are cheering evil. You are happy for failure. you are orgasmic over the collapse of the economy.
we can actually have an intelligent conversation about the health of the economy. (I don't think things are super wonderful by the way). but that isn't what this thread is about. This thread is about cheeing the collapse of the economy. that is a sickness. that is your side.
"Great" economy like under Clinton/Obama would be about 12% a year.
Dow would be 31,300
Therefore it has "tanked" a vast amount below what even a good, let alone "great" or "best ever" type of economy would be.
I've been in stocks since the early 1980's and always invested for myself. My average is about 10.6 over decades.
Please....don't tell me that 3% is good. In addition, you are not addressing the actual point of the thread. That is, the Manufacturing Report and ALL of the other data.
So much for MAGA and bringing back home all of those manufacturing jobs. Worst report since the Great Recession and the market is tanking hard. I thought winning trade wars was easy? Apparently not.
Did you actually read the article? The stock markets isnt tanking as you also stated (its down 195 point which is a normal trading day). Ex-US the world is in a recession and parts of it are experiencing negative interest rates which is the culprit for lower demand. The US economy is experiencing the best economy in modern history, thanks to Trump. If we had a Hillary in power we would be in decline right now.
Our portfolio has taken a beating in 2019. I won’t thank Trump for the best 7 years we ever had 2011-17.
go look at the chart since trump took over. its done very well and its still near record highs. if you want flat go lack at obamas last couple years after qe was phased out.
They really have a hard time looking at the 5 year charts.
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