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I always take good economic news at face value. I care not who is President.
I joined CD in 2009. As the years went by, every time a person started a thread about how the economy was improving, we were deluged with posters claiming that it was all crap, citing such things as the labor participation rate, or whatever. Such people are partisan hacks.
I like that the job growth is still excellent. I do thank Mr. Trump (to an extent) for that.
I will point out that it is an oddity: with such good economic news, one would think that Mr. Trump's approval rating would be in the mid 60s, at the least. It is telling that even with the roaring economy, he is stuck at 40 percent, at best.
Don't think that Republicans are not taking note of this fact.
Why are all my investments down from a year ago? Why did the Fed say they were going to stop...a complete reversal....raising interest rates to actual real levels?
Why are most all forecasts for the stock market poor for the next couple of years?
Why is the debt swelling and the yearly deficit over a trillion (when it was down to almost 1/2 that in Obamas last years)?
Whoever can answer these questions gets a gold star.
Americans must be stupid. A RECORD number (56%) claim that they would DEFINITELY not vote for Trump - a full 10 points more than said the same for Obama at this point in his POTUS.
Why are all my investments down from a year ago? Why did the Fed say they were going to stop...a complete reversal....raising interest rates to actual real levels?
Why are most all forecasts for the stock market poor for the next couple of years?
Why is the debt swelling and the yearly deficit over a trillion (when it was down to almost 1/2 that in Obamas last years)?
Whoever can answer these questions gets a gold star.
Americans must be stupid. A RECORD number (56%) claim that they would DEFINITELY not vote for Trump - a full 10 points more than said the same for Obama at this point in his POTUS.
Nov 18 Blue Wave
Even though some of m investments took a downturn, I'm happy that everyone in America that wants a job has one....thanks DT.
Why are all my investments down from a year ago? Why did the Fed say they were going to stop...a complete reversal....raising interest rates to actual real levels?
Why are most all forecasts for the stock market poor for the next couple of years?
Why is the debt swelling and the yearly deficit over a trillion (when it was down to almost 1/2 that in Obamas last years)?
Whoever can answer these questions gets a gold star.
Americans must be stupid. A RECORD number (56%) claim that they would DEFINITELY not vote for Trump - a full 10 points more than said the same for Obama at this point in his POTUS.
Workers need raises. Less stock buybacks and more money going into the pockets of workers so they can consume and sustain the economy. Less corporate buybacks and no QE = muted or even declining stocks. Raising interest rates would almost certainly hurt stocks, since corporations would have to pay more to service their debt. So the Fed is holding off on raising rates. Not wise in my opinion, but this will help boomers who rely on stocks for retirement.
Why are all my investments down from a year ago?
wrong choices. index funds are flat.
Why did the Fed say they were going to stop...a complete reversal....raising interest rates to actual real levels?
i do not know why the Fed does anything.
Why are most all forecasts for the stock market poor for the next couple of years?
bad news sells.
Why is the debt swelling and the yearly deficit over a trillion (when it was down to almost 1/2 that in Obamas last years)?
Social Security.
I always take good economic news at face value. I care not who is President.
I will point out that it is an oddity: with such good economic news, one would think that Mr. Trump's approval rating would be in the mid 60s, at the least. It is telling that even with the roaring economy, he is stuck at 40 percent, at best.
.
A roaring economy ALWAYS means a roaring stock market. Yet we are actually about 6% lower than a year ago. That's a metric that has much more effect on most of us than a 2% wage gain.
A roaring economy is one where you can balance a budget or pay back debt.
It's not a "roaring economy" when you go take out a 3rd mortgage on your house and spend the money.
When your health insurance costs go up - GDP goes up. When the military spends more...out of debt and deficits, the GDP goes up. When Trump gives back Trillions from debt and deficit, the GDP goes up.
Those are not "good" increases in the GDP.
Most Americans know this which is why he will never get "credit" for being the King of Debt (his claim, not mine) or the Tariff King. His numbers have been lower for longer than any POTUS measured in history.
That's saying something.
Economic news is mostly BS. Look at Trump tweeting about the DOW passing 25K....well, it did that over a year ago....26K too. Then it went way down. I looked at all the charts for my very diverse investments today. I have made back 1/2 of the "Trump Loses" - that is, from the bottom...but it is nowhere near where it would be if 2018 was even a basic stock market year (8-9%).
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