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Old 02-15-2017, 08:59 PM
 
Location: Pyongjang
5,701 posts, read 3,219,897 times
Reputation: 3925

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Quote:
Originally Posted by moneill View Post
Who said?
CNN, usual suspects

Dow futures down nearly 500 points - CNN Video
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Old 02-15-2017, 09:08 PM
 
Location: United States
12,390 posts, read 7,092,577 times
Reputation: 6135
Quote:
Originally Posted by Fiyero View Post
I think you mean pro Wall street so-called president. Those records mean nothing since for bankers and financial groups like Goldman Sachs, removing regulations on wall street is a good thing for them. But as we saw in 2008, it's horrible for the rest of the country and will lead to another recession.

When are you going to learn catering to Wall Street and Capitalism only makes the rich richer and does nothing for everyone who isn't rich? You will not benefit from the banks having less regulation.
You dems went on for the last 4-5 year about how great Obama was because of how well the stock market was doing.
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Old 02-15-2017, 09:13 PM
 
Location: USA
18,489 posts, read 9,151,071 times
Reputation: 8522
Markets are forward-looking. They know that corporate profits will go through the roof when employees are forced to work twice as long for half the pay.
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Old 02-15-2017, 09:14 PM
 
Location: ATX/Houston
1,896 posts, read 810,731 times
Reputation: 515
Quote:
Originally Posted by mightleavenyc View Post
The futures did go down and then went back up..... But the stock market isn't a good indicator as you'd be cheering about Obama.
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Old 02-15-2017, 09:14 PM
Status: "Apparently the worst poster on CD" (set 22 days ago)
 
27,631 posts, read 16,115,213 times
Reputation: 19027
Quote:
Originally Posted by moneill View Post
Who said?
For starters
//www.city-data.com/forum/elect...rump-wins.html
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Old 02-15-2017, 09:17 PM
 
Location: ATX/Houston
1,896 posts, read 810,731 times
Reputation: 515
Quote:
Originally Posted by mightleavenyc View Post
I'm benefiting quite nicely actually. I hope you have some investments yourself.
Are you not concerned companies are buying back too much stock?

Interest rates are still very low and global demand is still sluggish. US companies are still not putting that money into R&D and expansions in any significant way that is different than a year ago.
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Old 02-15-2017, 09:17 PM
 
Location: Phoenix
3,211 posts, read 2,240,837 times
Reputation: 2607
Quote:
Originally Posted by Loveshiscountry View Post
While near record numbers of people on food stamps is still with us. Nothing says success like government assistance.
True for Democrats.


Where are 'The Sky is Falling' Leftist lunatics on why the market is riding the wave of the Great Orange Crusher.
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Old 02-15-2017, 09:19 PM
 
45,676 posts, read 23,994,029 times
Reputation: 15559
Isn't this still rebounding from Obama policies? (I couldn't resist)

Honestly - we should see a robust economy for at least six months right -- Unless there is something really unusual -- nothing Trump will implement will IMMEDIATELY impact the economy.

I know here in Charleston we have Boeing expanding, new manufacturing plants, busiest port numbers ever -- but none of this came after the election..this has been in the works for years.

Every other expansion talked about with Trump has been in the works for two, three years......Let's just hope they stay on board...things can change.
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Old 02-15-2017, 09:21 PM
 
Location: University City, Philadelphia
22,632 posts, read 14,934,738 times
Reputation: 15935
Quote:
Originally Posted by mightleavenyc View Post
I'm benefiting quite nicely actually. I hope you have some investments yourself.
I'm not selling anything just yet. I am not retired yet. Ultimately "doing nicely on paper" translates into real profits when you liquidate your assets.

Let's see what what the market will be like in 60 or 90 days.

Savvy investors do not rejoice at 5 day bumps. We know what goes up must come down. A Dow Jones average of 25,000 one year from now will be worth opening a bottle of Veuve Cliquot.
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Old 02-15-2017, 09:24 PM
 
Location: ATX/Houston
1,896 posts, read 810,731 times
Reputation: 515
Quote:
Originally Posted by American Expat View Post
True for Democrats.


Where are 'The Sky is Falling' Leftist lunatics on why the market is riding the wave of the Great Orange Crusher.
Are those sentences supposed to add up to something?
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