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I decided to put this in the politics section rather than Economics/Finance because I think it's more political that Economics. However, if the discussion is deep economic theories, then the Moderators may want to move it.
My theory is that all of the predictions that the market would crash if Trump were elected were based on influencing the vote rather than an analysis of the effect of his policies. I actually predicted he might win but was influenced by people like Buffett that made the predictions that the market would fall if Trump were elected. I wonder if he made a fortune off of leading me down the wrong path....I wouldn't doubt it.
Anyway, please state your theory and why they predicted Trump's election would crash the market and why has it shot to record highs?
Location: When you take flak it means you are on target
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Because corporations are going to score! 15% tax instead of 35%. No more Obummercare. Less regulations. No more EPA, pollute to their hearts content. Reduced auto milage reqirements.
Because corporations are going to score! 15% tax instead of 35%. No more Obummercare. Less regulations. No more EPA, pollute to their hearts content. Reduced auto milage reqirements.
Happy days! Until the house of cards collapses.
So then why did they say during the election cylce that the market would go down if Trump's programs had those benefits?
Why has the stock market shot up since Trump was elected instead of crashing like predicted?
It has "shot up" less than 1%, and it's because his best friends, the bankers, won the lottery with his win. In time the market will take a serious hit when Trump recession kicks in. Tax cuts with massive spending increase and 45% tax in imports and dis-honoring of trade deals pretty much guarantees a trade-war, inflation, massive debt and a recession.
Last edited by Finn_Jarber; 11-22-2016 at 05:49 AM..
I decided to put this in the politics section rather than Economics/Finance because I think it's more political that Economics. However, if the discussion is deep economic theories, then the Moderators may want to move it.
My theory is that all of the predictions that the market would crash if Trump were elected were based on influencing the vote rather than an analysis of the effect of his policies. I actually predicted he might win but was influenced by people like Buffett that made the predictions that the market would fall if Trump were elected. I wonder if he made a fortune off of leading me down the wrong path....I wouldn't doubt it.
Anyway, please state your theory and why they predicted Trump's election would crash the market and why has it shot to record highs?
The media lied to prop up Hillary and warn against voting for Trump.
It has "shot up" less than 1%, and it's because his best friends, the bankers, won the lottery with his win. In time the market will take a serious hit when Trump recession kicks in. Tax cuts with massive spending increase and 45% tax in imports and dis-honoring of trade deals pretty much guarantees a trade-war, inflation, massive debt and a recession.
There will be no 45% tariff and deficit spending is the Keynesian solution to stimulate the economy. The Republicans will let Trump do what they would not let Obama do. Deficit spending out the kazoos..
It has "shot up" less than 1%, and it's because his best friends, the bankers, won the lottery with his win. In time the market will take a serious hit when Trump recession kicks in. Tax cuts with massive spending increase and 45% tax in imports and dis-honoring of trade deals pretty much guarantees a trade-war, inflation, massive debt and a recession.
There was going to be a recession no matter who was president. With all the fake money that the Feds used to prop up the economy using BILLIONS in QE's for years it's inevitable. Don't let any facts stand in your way though because you'll just look for any excuse to Blame Trump. I'm sure it'll be his fault too if the weathers not perfect.
Quote:
President-elect Donald J. Trump may be the one left holding the bag when the next recession hits because of years of credit expansion.
“He may be the unluckiest man in the world to win this job at this particular time,” Grant Williams, the author the research letter “Things That Make You Go Hmmm” and co-founder of RealVision Television, told Yahoo Finance in the video above.
“Because, we were for a long time, 7 years, without a recession in the US,” he continued. “We are overdue one. And some of the data that’s been coming out in the last couple of quarters suggests that we are very close to one.”
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