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Old 05-29-2019, 08:18 AM
 
20,955 posts, read 8,678,698 times
Reputation: 14050

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Quote:
Originally Posted by jbgusa View Post
So the U.S. should throw a party for Japan and Europe? What have they ever done for us than embroil us in wars?
Japan, by our plan, made stuff for us...you know, during the Post-War period when many say American was Great.

Europe? Well, the list is too long. Pasteurization? Most every medical advancement known to man? Our own population?
Our forms of government (based on Brit and France and Greek thought).

Unless you are a Native American.....in which case I apologize.....both of those places have done a lot for us.

 
Old 05-29-2019, 08:50 AM
 
12,017 posts, read 14,330,379 times
Reputation: 5981
Quote:
Originally Posted by blktoptrvl View Post
Oh look... Here comes 25,000 again.
So. Much. Winning

MAGA

https://www.cnbc.com/2019/05/24/stoc...l-markets.html

Worst losing streak for the DJIA since 2011 and the Chinese are just getting ready for the long game
 
Old 05-29-2019, 09:42 AM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15594
Quote:
Originally Posted by blktoptrvl View Post
Oh look... Here comes 25,000 again.
Thar she blows!!!
 
Old 05-29-2019, 09:47 AM
 
5,731 posts, read 2,194,294 times
Reputation: 3877
Quote:
Originally Posted by chopchop0 View Post
So. Much. Winning

MAGA

https://www.cnbc.com/2019/05/24/stoc...l-markets.html

Worst losing streak for the DJIA since 2011 and the Chinese are just getting ready for the long game
I applaud Trump for not bowing to wall street on the china fight. I’m sure Schumer and other sensible democrats are secretly doing the same. In the short term, the market got overheated in Trumps first year, a cool down was needed, good consolidation in the 23k-26k Dow range, keep DCA into 401ks and IRAs
 
Old 05-29-2019, 09:48 AM
 
12,017 posts, read 14,330,379 times
Reputation: 5981
Quote:
Originally Posted by ColoradoOnMyMind View Post
I applaud Trump for not bowing to wall street on the china fight. I’m sure Schumer and other sensible democrats are secretly doing the same. In the short term, the market got overheated in Trumps first year, a cool down was needed, good consolidation in the 23k-26k Dow range, keep DCA into 401ks and IRAs
Let's see if others share your positivity regarding Trump killing the Obama bull market
 
Old 05-29-2019, 09:56 AM
 
Location: alexandria, VA
16,352 posts, read 8,097,884 times
Reputation: 9726
Quote:
Originally Posted by chopchop0 View Post
Let's see if others share your positivity regarding Trump killing the Obama bull market
And remember after the 2018 elections when the markets dipped the Trumpies were blaming it on the Dems taking over the House. Then when the markets resumed their upward trajectory it was back to "Trump's a genius". Now that the markets seem to have hit another rough patch the Trumpies can't very well play "it's the Dem's fault" card without looking like total fools so the party line now seems to be that the markets are "consolidating" while Trump wins the trade war with China. We shall see.
 
Old 05-29-2019, 10:01 AM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
For those that think the President can't effect the markets or any political figure the same.
Today Mueller gets the blame. Doesn't mean the media is right but its easy to see why people believe it matters, while others don't.

The media reports don't buy that position and today is a good example.

Stock market falls as Mueller set to make 'lengthy and substantial statement' on Russia probe
http://www.marketwatch.com/story/sto...dist=bigcharts

U.S. stock benchmarks midday Wednesday extend losses after Robert Mueller III, the special counsel, made his first public statements after concluding a two-year investigation into Russian interference in the 2016 presidential election.
 
Old 05-29-2019, 10:09 AM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
Quote:
Originally Posted by r small View Post
And remember after the 2018 elections when the markets dipped the Trumpies were blaming it on the Dems taking over the House. Then when the markets resumed their upward trajectory it was back to "Trump's a genius". Now that the markets seem to have hit another rough patch the Trumpies can't very well play "it's the Dem's fault" card without looking like total fools so the party line now seems to be that the markets are "consolidating" while Trump wins the trade war with China. We shall see.
That absurd !!!
The possibility that Trump could be impeached and all the uncertainty surrounding that isn't good for investors or the market. Its greater uncertainty !!! Not good !!!
 
Old 05-29-2019, 10:13 AM
 
Location: alexandria, VA
16,352 posts, read 8,097,884 times
Reputation: 9726
Quote:
Originally Posted by phma View Post
That absurd !!!
The possibility that Trump could be impeached and all the uncertainty surrounding that isn't good for investors or the market. Its greater uncertainty !!! Not good !!!
What's absurd? That Trumpies tried to blame the Dems on the downturn? And then went back to crediting Trump when the markets recovered? And you were exhibit A while all of of this was going on.
 
Old 05-29-2019, 10:21 AM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,541,930 times
Reputation: 15594
Quote:
Originally Posted by phma View Post
That absurd !!!
The possibility that Trump could be impeached and all the uncertainty surrounding that isn't good for investors or the market. Its greater uncertainty !!! Not good !!!
The market did not stumble when Nixon was impeached and removed.

The market did not stumble when Clinton was impeached.

The market has been in the process of topping, with multiple down phases, for over a year, long before Mueller's report came out.

Thus, the stock market action the past 1+ years have nothing to do with any prospect of any president getting impeached.

Particularly since Trump's replacement - Pence - would likely be even friendlier to markets than Trump.
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