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Old 08-14-2019, 03:09 PM
 
1,893 posts, read 1,010,189 times
Reputation: 2089

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Quote:
Originally Posted by Bobdreamz View Post
Dow Jones Index close:

Jan. 26,2018 : 25,616

Aug.14,2019 : 25,479
----------------------------

-137 points in a year & a half !

He surfed the Obama economy into a reef; that was all he had to boast about.....now what?

 
Old 08-14-2019, 03:10 PM
 
Location: The Republic of Gilead
12,716 posts, read 7,812,515 times
Reputation: 11338
Quote:
Originally Posted by craigiri View Post
I'm not sure his harm to the economy will be bigger than his harm to the environment, the body politic, our international relations and other stuff.......

You'd think Republicans would be pushing for impeachment just for their $$$ sake...after all, nothing is more important to them.
I don't agree that $$$ is the most important thing to Republicans. I think establishing a white Christian nationalist society is the most important thing or at least making it appear that way to appease their voter base.

In regards to the environment, Trump's recklessness there will all be undone when a Democrat is back in office, hopefully in 2021. However, we are probably looking at a few Presidential terms before the economy comes back if it ever does. There's the potential that this economic crash could be the one that breaks apart the US. That's my biggest fear.
 
Old 08-14-2019, 03:36 PM
 
1,893 posts, read 1,010,189 times
Reputation: 2089
Quote:
Originally Posted by pknopp View Post
The stock market is not the economy.
Trump seems to think so - he's always talking up what the market has been doing (until recently, I wonder why).
 
Old 08-14-2019, 03:38 PM
 
1,893 posts, read 1,010,189 times
Reputation: 2089

https://www.youtube.com/watch?v=NXaqpi5MCxU

Although sometimes it's predictive of the economy.......
 
Old 08-14-2019, 04:09 PM
 
Location: Florida
14,968 posts, read 9,810,543 times
Reputation: 12084
Quote:
Originally Posted by LordBalfor View Post
Big events like the Great Recession take down (almost) everything. There were few winners. It was a MASSIVE economic collapse the likes of which only comes along (hopefully) once or twice a CENTURY.

Ken
If ever there was a time to "time" the market...
 
Old 08-14-2019, 04:15 PM
 
Location: North America
19,784 posts, read 15,111,393 times
Reputation: 8527
Indicators are we're heading for another recession. It only took 3 years to fork it up. Thank you, President Trump.
 
Old 08-14-2019, 04:38 PM
 
Location: Kansas City, MISSOURI
20,871 posts, read 9,536,978 times
Reputation: 15593
Quote:
Originally Posted by Bobdreamz View Post
This is the first post on this thread on January 4 ,2018 so it's time to update :

Dow Jones Index close from:

Jan. 26,2018 : 25,616
to
Aug.14,2019 : 25,479
----------------------------

-137 points in a year & a half !

Actually, it's a year and 8 months (just about). So, a year and 2/3.

Quote:
To the OP how is your 401k doing since your first post so far?
He has since revealed to us that he didn't even have a 401K!
 
Old 08-14-2019, 04:40 PM
 
Location: Florida
14,968 posts, read 9,810,543 times
Reputation: 12084
Quote:
Originally Posted by carterstamp View Post
Indicators are we're heading for another recession. It only took 3 years to fork it up. Thank you, President Trump.
Another ''orange man bad" economic analogy.
 
Old 08-14-2019, 04:49 PM
 
12,017 posts, read 14,323,903 times
Reputation: 5981
Quote:
Originally Posted by Dave_n_Tenn View Post
Another ''orange man bad" economic analogy.
He could shoot someone on 5th Ave and you'd be telling us another "orange man good" reason for why he did it.

Meanwhile the bond market is telling us that a Trumpcession is coming
 
Old 08-14-2019, 05:00 PM
 
Location: alexandria, VA
16,352 posts, read 8,095,474 times
Reputation: 9726
Quote:
Originally Posted by chopchop0 View Post
He could shoot someone on 5th Ave and you'd be telling us another "orange man good" reason for why he did it.

Meanwhile the bond market is telling us that a Trumpcession is coming
And those of us that are pointing out that the markets are getting hammered are suffering from TDS.
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