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Yeah... that explains the huge run up in the markets since he was elected.
Good grief.
The market rally behind Trump was based on perception and not reality. The market is beginning to realize there is a difference between what Trump would do and what Trump is doing now. The markets were hopeful, a fools hope apparently, that Trump would settle down and get to business. Thus the rise in the market.
Now, however, the market knows that Trump will not settle down, that Trump is and will always be a maniac and chaos personality, and that his entire agenda is now at risk as impeachment speculation rises and Trump's total ineptitude in foreign affairs becomes more self-evident and leads to greater instability in the world.
The markets will probably rise again. But expect wild swings. Wild swings reflecting Trump's unbalanced personality and the mood of the country.
So why now all of a sudden. All the other nonsense going on did nothing...and suddenly BAM.
Know how folks brag about the Trump jump in stock prices? Do they take credit for when it falls as well?
The big money knows something.
I think Trump is just a part of the drop. A bigger part is the continuing slide of all the retail stores like Macy's and J.C. Penny, combined a slow sales year in the automotive sector, and a general reluctance to spend a lot of money on expensive items in general right now.
This sort of thing spreads to our heavy industry; when retail slows down, so does the entire supply chain that feeds it all from manufacturing through shipping to the retail clerks on the floor of the stores that are empty of customers.
The Christmas season was not good for the brick and mortar stores this season, so there was no post-season carryover, and now the effects of all that are beginning to show up on the stock market.
The market rally behind Trump was based on perception and not reality. The market is beginning to realize there is a difference between what Trump would do and what Trump is doing now. The markets were hopeful, a fools hope apparently, that Trump would settle down and get to business. Thus the rise in the market.
Now, however, the market knows that Trump will not settle down, that Trump is and will always be a maniac and chaos personality, and that his entire agenda is now at risk as impeachment speculation rises and Trump's total ineptitude in foreign affairs becomes more self-evident and leads to greater instability in the world.
The markets will probably rise again. But expect wild swings. Wild swings reflecting Trump's unbalanced personality and the mood of the country.
Good lord the hyperbole. written with completely negative bias just like liberal media
I bet you have called all 20 of the markets last 3 1% down moves
care to explain why the volatility index was at 24 year lows with a 9 handle just a few days ago since you have all the answers?
Housing is within its normal price increases if you look at historical data. Some areas higher, some lower.'
Normal?
Not at all.
Hosing prices were at a slow steady growth up until the 1980's bubble (coincides with government meddling) which from then on, housing was drastically volatile with large price gains, then massive price falls. Like the car industry, the housing industry has been manipulated for the sake of credit. That is, home prices are far beyond their natural prices, beyond their ratio to wage index. Like cars, they are bloated to such levels where the value is solely dependent on the loans used to afford them, not the value of the products that form them.
This is the result of a combination of government meddling and banking manipulations.
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