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Old 04-05-2016, 08:12 AM
 
Location: Florida
33,571 posts, read 18,170,292 times
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Walmart posted a decrease in sales.. from last year's figures.
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Old 04-05-2016, 08:14 AM
 
79,907 posts, read 44,222,338 times
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Quote:
Originally Posted by Unsettomati View Post
73 straight months of job growth.
President Obama's approval rating keeps ticking up.
Good news for the incumbent party, bad news for the party that has lost 5 of the last 6 popular votes.

Employers added solid 215,000 jobs in March

Obama's approval rating is the highest it's been in years.

Really, all the GOP has is the desperate hope for something bad to happen to America, thereby causing political damage to the Democrats and thus boosting the fortunes of the Republicans.

Praying for bad things to happen to tens of millions of Americans is all they can do...
I'm voting for Sanders in large part because I believe he is the only one that will undo the damage that has been done to the middle and lower classes under the Obama administration.
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Old 04-05-2016, 08:15 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
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Quote:
Originally Posted by Taratova View Post
Walmart posted a decrease in sales.. from last year's figures.
And the auto industry, makers of what for most people are the second biggest investment they ever make next to their homes, posted record sales last year of 17,500,000 vehicles.
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Old 04-05-2016, 08:16 AM
 
Location: Florida
33,571 posts, read 18,170,292 times
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Quote:
Originally Posted by pknopp View Post
I'm voting for Sanders in large part because I believe he is the only one that will undo the damage that has been done to the middle and lower classes under the Obama administration.
Sanders will have to tax the middle class to death.. we need to grow the economy , not give away more freebees. Socialism does not work.
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Old 04-05-2016, 08:18 AM
 
Location: Florida
33,571 posts, read 18,170,292 times
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Originally Posted by burdell View Post
And the auto industry, makers of what for most people are the second biggest investment they ever make next to their homes, posted record sales last year of 17,500,000 vehicles.
Yup, that car payment is eating up their spending power.
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Old 04-05-2016, 08:19 AM
 
Location: Newport Beach, California
39,230 posts, read 27,618,080 times
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Quote:
Originally Posted by burdell View Post
<sigh> If only Donny would follow that advice.
Yes, he should follow this advice.
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Old 04-05-2016, 08:22 AM
 
11,755 posts, read 7,120,263 times
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If Mr. Trump can read the market and economy so well, he wouldn't have to peddle a fake university, frozen steaks, Mexican- and Chinese-made clothing lines, a failed airline, boring "reality" TV show, or declare 4 bankruptcies of his crown jewels. He could have just invested his money in the market, and he'd be a trillionaire by now.

Mick
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Old 04-05-2016, 08:23 AM
 
11,755 posts, read 7,120,263 times
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Originally Posted by Taratova View Post
Walmart posted a decrease in sales.. from last year's figures.
Yikes, Mr. Trump's supporters are not doing well.

Mick
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Old 04-05-2016, 08:28 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,330 posts, read 54,411,082 times
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Quote:
Originally Posted by Taratova View Post
Yup, that car payment is eating up their spending power.
Well, there is the gloom & doom viewpoint for everything.
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Old 04-05-2016, 08:29 AM
 
Location: Newport Beach, California
39,230 posts, read 27,618,080 times
Reputation: 16072
Incentives motivate Wall Street economic forecasters to always be optimistic about the future (just like stock analysts). Of course, for the media and bloggers, there is an incentive to always be bearish, because bad news drives traffic (hence the prevalence of yellow journalism).

Read more at Calculated Risk: Update: Predicting the Next Recession

This said, like I posted earlier, In general, On average, bear markets give investors about eight months of warning that a recession is on the way. That is, the average recession after a bear market doesn't begin until 253 days later. But there's a wide range: The 2007 recession began just 53 days after the 2007 bear market began. But it took 367 days before the November 1968 bear market yielded to the 1969 recession.

so even bear markets prediction can be a little off.

I don't really agree with him or disagree with him. This topic, maybe a little bit less heated than abortion debate, really will never be any agreement.
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