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Sounds like he's running scared about his ability to win, so he's threatening the voting public. Way to go.
Can you just imagine when it come down that he see's that he is going to lose, what an azz he is going to make of himself with all the insults he will be tweeting. He's a child.
Right - because we all know that the Great Recession never happened........neither did the wars. All those dead people, trillions and lost bets on Wall Street. Never happened. Just an acorn...nothing serious......
"The Great Recession is a term that represents the sharp decline in economic activity during the late 2000s, which is considered the most significant downturn since the Great Depression"
Any more false equivalencies?
While it did happen on his watch, Bush was NOT the cause! The left can blame him all they want (and they have) but some analysis of the actual causes do not lead back to Bush.
As I remember plenty of Dems voted to go to war....do you need the list?
Well, yes, I'm not complaining about the 5 or 6% which I think represents "sideways" given as it is only a few points above inflation.
But we've already had that....the Great Recession let the air out of that and we've been slowly building up a great foundation. Independent of Trump, I would have stayed fully invested and had faith that the market would be returning 7 or 8% a year (and maybe more) just due to slow growth and a solid foundation.
But the risk of a madman at the helm changes the calculus. Anything can happen now...war, impeachment, tweets from the toilet, tariffs, emergency declarations, etc.......
The market is already spooked due to these and when/if a couple of these events line up, it will sink like a stone.
The markets are based on two things...one is the ROI, and corporate profits were quite steady when Trump took office. The other is perception/mob mentality, etc.
That second one is what we are dealing with now...and it's already causing changes in consumer and corporate activity.
Making predictions is not my thing. But I am fairly good at accessing risk....and for 40 years I have been largely right (over the long term). But there is no doubt Trump is different from former Admins. He does not believe in norms, the rule of law, the constitutions, the separation of powers, teamwork, working with others, long term planning and MANY other such things.
This would be OK is he just say in the office watching Fox or played Golf and left the Adults to do the work. But he is determined, as per the OP here, to mess things up for everything.
He's the type of guy who would steal or defraud you out of 100K...and then, two years later, give you 1K and tell you that you should be loyal to him for life for giving you so much money.
All normal bets are off. I see no adult supervision.
I'm not trying to scare off other investors. If I had to give advice I'd say to go for strong dividend stocks that are likely to keep paying....at least you would get income and the pricing is likely to remain stable or go up as interest rates go down.
But risk is still there...I even sold 15% or so of my div. holdings lately. I just don't trust the dude to do what is right for others.
Profits were up, but not so much revenue.
This great foundation from the bottom in 2009 was largely built on 4.5 Trillion in QE, stock buy backs up under Obama and up even more under Trump, and rates at near zero.
If there were adult supervision some would argue we wouldn't have seen that much QE.
By historical valuations we've been above the mean since 2010 or 2011.
“If anyone but me takes over,” Trump told his 61 million Twitter followers on Saturday, “there will be a Market Crash the likes of which has not been seen before!”
The level of pure BS coming from his mouth everyday is mind boggling. Like some hell and brimstone hillbilly preacher promising the flock eternal salvation if we just believe. Sometimes you just don't know whether to laugh or be terribly afraid. This fool is dangerous and a threat to our democracy. And can you imagine how he might manipulate his base into violence if he loses the next election.
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