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Old 02-05-2018, 01:41 PM
 
Location: Columbia, SC
37,217 posts, read 19,210,527 times
Reputation: 14912

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Quote:
Originally Posted by r small View Post
When the market was way up under Obama Trump said it was a "bubble". When the market continued to rise after Trump was elected prez he claimed credit for it and said it was a sign of his brilliant administration. So if the market tanks Trump owns it. That might be unfair but Trump was foolish to claim credit for something that was out of his control.
Trump is not a very smart boy.
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Old 02-05-2018, 01:42 PM
 
8,391 posts, read 7,648,571 times
Reputation: 11025
Fox News Headline:

Dow, S&P turn negative for the year.

Dow closed at 24,719 on December 31, 2017, as of right now it's at 24,465

Fox commentators:

"Funny thing the President hasn't commented on the stock market today."

"It is stunning to see."

"For years we have not seen anything like this. It's shocking."

"Wow."

"It shows the nervousness and anxiety of investors today."

"A correction was not unexpected and is actually a positive thing for investors."

"Context and perspective matter. This morning the NASDAQ was up."

"We all knew these markets were volitible."
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Old 02-05-2018, 01:46 PM
 
Location: Crooklyn, New York
32,113 posts, read 34,732,040 times
Reputation: 15093
Quote:
Originally Posted by cuebald View Post
Looks like the Trump "tax cuts" are bearing fruit. Poisonous fruit, but fruit.
LOL. The markets have no confidence in Trump.
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Old 02-05-2018, 01:47 PM
 
2,630 posts, read 1,455,899 times
Reputation: 3595
Quote:
Originally Posted by r small View Post
When the market was way up under Obama Trump said it was a "bubble". When the market continued to rise after Trump was elected prez he claimed credit for it and said it was a sign of his brilliant administration. So if the market tanks Trump owns it. That might be unfair but Trump was foolish to claim credit for something that was out of his control.
Trump's con that his followers will never see.
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Old 02-05-2018, 01:48 PM
 
15,532 posts, read 10,504,683 times
Reputation: 15813
FOX business is talking about it, glad I was watching. For the first time, in a long time, I'm shopping. Definitely not for the faint of heart though, lol.
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Old 02-05-2018, 01:48 PM
 
8,391 posts, read 7,648,571 times
Reputation: 11025
Dow back at 1000 points down. Ten minutes to the close.
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Old 02-05-2018, 01:48 PM
 
10,275 posts, read 10,343,474 times
Reputation: 10644
Quote:
Originally Posted by BajanYankee View Post
LOL. The markets have no confidence in Trump.
Now all the Trump cultists will switch to: "Good! The Swamp is being drained! The market catastrophe means the coastal elitist *******s are getting their just due! MAGA X 1 billion!"
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Old 02-05-2018, 01:49 PM
 
Location: In The Thin Air
12,566 posts, read 10,620,001 times
Reputation: 9247
Quote:
Originally Posted by warhorse78 View Post
Wonder how many people had to sell their stocks to pay off Superbowl bets today?
Yeah, I had to sell off to pay for my $20 square I bought form a coworker.
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Old 02-05-2018, 01:50 PM
 
Location: Columbia, SC
37,217 posts, read 19,210,527 times
Reputation: 14912
Quote:
Originally Posted by BajanYankee View Post
LOL. The markets have no confidence in Trump.
Maybe if he resigns they'll go back up.
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Old 02-05-2018, 01:50 PM
 
Location: Crooklyn, New York
32,113 posts, read 34,732,040 times
Reputation: 15093
On top of it all, Trump and the Republican-led Congress will borrow more than $1 trillion for the next fiscal year alone.

https://www.cnbc.com/2018/02/05/trea...re-beyond.html
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