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4 1/2 trillion in QE out of thin air and ZIRP is what is responsible for the inevitable. If you don't realize that, then you don't belong in the discussion.
People have been talking about the evil QE since 2010. Yeah sure, asset prices is holding steady but somehow QE is at fault.
And things that are having effects immediately such as tariff, disrupting of the world affairs, aliening our foreign business partners/countries; all that somehow get a pass.
The market is realizing that the Trump economy is going to crash soon. It's simple as that. If they think the economy will be growing, the stock market could easily power through all the noise about interest rates.
.
Investor fear interference from democrats if they win the House.
If the Republicans retain the House, the market will recover pretty quickly.
These folks are not the sort that read much. Let alone a economics book.
it's clearly you and the others posting in this thread who don't understand how the market/economy works, nor have seriously read/understood Friedman.
Freidman would have never condoned bailing out all the banks in 2008!!
When you have a crash in 2008, and instead of forcing the insolvent entities into bankruptcy, you paper over them/re-inflate them with 4 1/2 trillion and take the interest rates to zero so banks dont pay a return on deposits....it creates a whole host of asset bubbles...
Now 9-10 years later you begin to unwind/remove the 41/2 trillion and raise interest rates - what is the logical consequence?
it's clearly you and the others posting in this thread who don't understand how the market/economy works, nor have seriously read/understood Friedman.
Freidman would have never condoned bailing out all the banks in 2008!!
When you have a crash in 2008, and instead of forcing the insolvent entities into bankruptcy, you paper over them/re-inflate them with 4 1/2 trillion and take the interest rates to zero so banks dont pay a return on deposits....it creates a whole host of asset bubbles...
Now 9-10 years later you begin to unwind/remove the 41/2 trillion and raise interest rates - what is the logical consequence?
it's clearly you and the others posting in this thread who don't understand how the market/economy works, nor have seriously read/understood Friedman.
Freidman would have never condoned bailing out all the banks in 2008!!
When you have a crash in 2008, and instead of forcing the insolvent entities into bankruptcy, you paper over them/re-inflate them with 4 1/2 trillion and take the interest rates to zero so banks dont pay a return on deposits....it creates a whole host of asset bubbles...
Now 9-10 years later you begin to unwind/remove the 41/2 trillion and raise interest rates - what is the logical consequence?
LOL. In a Trump supporters mind its "Blame Obama!" "Blame the fed!"
Here is the deal, Trump has said the economy is great, and he has been in charge of it for YEARS. The buck stops there. Period. If you want to argue its all about QE easing that is fine...but the bottom line is STILL that Trump and his appointed folks are running this. You cant blame others 2 YEARS into things.
I bought a mobile home once that I rented out for someone else. I knew it needed roof repairs. And I had them done. Because 2 years later when the bad rains came I didn't want to be telling the renters "Oh the guy I bought the house from didn't maintain the roof". Because that would be a lie. It was my job. Not the prior guys.
And thats true here.
Instead look at you arguing about things from 2009. Its 2018.
The market is realizing that the Trump economy is going to crash soon. It's simple as that. If they think the economy will be growing, the stock market could easily power through all the noise about interest rates.
.
Funny how they think that when the media has been saying Democrats are going to get some control again. Almost as if they know the left will tank the economy again.
Funny how they think that when the media has been saying Democrats are going to get some control again. Almost as if they know the left will tank the economy again.
The left taking it has been known for MONTHS. If the money folks were worried about it they would not have donated so heavily to democrat campaigns. They feel quite the opposite, with serious concerns about Trump and Republicans managing things well. Take a look at campaign donations. That will answer that nonsense.
If that was the concern it would have been already baked in. It has more to do with things like future earnings guidance for example, volatility, irresponsible tax cuts, tariffs, and so much more. Theres a TON of causes....and really none of them have any realistic relationship to if the Democrats take the house.
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,400,252 times
Reputation: 40736
Quote:
Originally Posted by phma
Leftist hot air balloon popped.
Children always cry when that happens. Situation normal.
You're the one who started a thread titled: President Trump is absolutely the greatest on the economy. Dow breaks 25,000
Sounds like your balloon was the one filled with hot air and BS, Donny's biggest talents.
I guess with situation normal, you'll just be making more excuses for the Liar in Chief.
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