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Old 03-02-2018, 09:54 AM
 
29,551 posts, read 9,725,771 times
Reputation: 3472

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Quote:
Originally Posted by t206 View Post
I love the panic when the major indexes are down about 1.5% on average for the day. Stupid uninformed investors are the best, they create buying opportunities for people that actually pay attention.

Eventually the market WILL go down, but we all know Trump just runs his mouth and makes it up as he goes along, probably just another minor dip here, but who knows. All I know for sure is that a 1.5% to 2% dip is nothing to worry about on a down day in a market like this.
If looking for informed investors, I don't think you will find many here...

The uninformed credit for the ups and downs can easily be found in most of these Trump threads despite the fact the POTUS only has so much influence on the longer-term trends of the economy and/or securities markets. That said, there are SOME things that do tend to factor in a bit more immediately.

Trump's tax cuts at such a time will have an affect, and so far we see that can go either way even though those tax savings are an obvious benefit for American companies and high income individuals to exploit. Also this sort of thing...

...with the Dow Jones Industrial Average down more than 200 points after President Donald Trump suggested the U.S. will wage and win a trade war."

https://www.bloomberg.com/news/artic...s-markets-wrap

I think, however, the people who insist on pointing at all things positive to Trump's credit, when things go south, they merely move onto where else there might be something positive to give Trump credit for, rather than consider the reasons why things are really happening, even when not so good thanks to Trump...

 
Old 03-02-2018, 10:08 AM
 
14,798 posts, read 17,693,010 times
Reputation: 9251
GDP growth was 2.5% last year. Very average.
 
Old 03-02-2018, 11:39 AM
 
8,924 posts, read 5,629,144 times
Reputation: 12560
Who’s crying now?
 
Old 03-02-2018, 11:49 AM
 
14,798 posts, read 17,693,010 times
Reputation: 9251
What was Trump's prediction for GDP growth this year?
 
Old 03-02-2018, 11:55 AM
 
Location: in a pond with the other human scum
2,361 posts, read 2,538,277 times
Reputation: 2808
Quote:
Originally Posted by phma View Post

Did you notice the DOW broke through 25,000 twice today ?
Did you notice how the Dow broke 25,000 going the other way two days ago?

And didja notice why?
 
Old 03-02-2018, 03:58 PM
 
Location: Houston, TX
3,909 posts, read 2,122,988 times
Reputation: 1644
Quote:
Originally Posted by Vlajos View Post
What was Trump's prediction for GDP growth this year?
2 times higher than now. Yuge difference.
 
Old 03-02-2018, 05:34 PM
 
Location: Alameda, CA
7,605 posts, read 4,846,404 times
Reputation: 1438
Quote:
Originally Posted by Vlajos View Post
GDP growth was 2.5% last year. Very average.
That is for a quarter. We won't know the first yearly rate for a couple of months.
 
Old 03-02-2018, 06:01 PM
 
Location: Boston
20,111 posts, read 9,023,728 times
Reputation: 18771
you can always tell the people with no real money in the market -- they're the ones running for cover
 
Old 03-09-2018, 08:54 AM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
Quote:
Originally Posted by cyrano View Post
Did you notice how the Dow broke 25,000 going the other way two days ago?

And didja notice why?
Here we are again folks. I lost track of how many times we have broke through 25,000. Sometimes twice in one day.

Tells us why. Tells us all about it.
 
Old 03-09-2018, 08:57 AM
 
Location: Richmond,VA
3,841 posts, read 3,068,256 times
Reputation: 2825
Obama's economy is booming! Oops, never mind.
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