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But you can't ignore that we are in the longest recovery EVER....and the recovery wasn't flat or slightly down in 2015.
When people accumulate wealth after years of economic recovery they have more to invest.
They don't miraculously wake up the day after Trump is elected and find extra money to invest....it doesn't work that way.
Every time Trump starts talking trade the market dips.....I wonder in the last three years if he had conducted his trade talks more maturely, with less hot air and showmanship for his fans where the market could be.
The trade talks are going exactly as planned.
China is either going to agree to resolve some of these serious issues that have existed for many years, or they are going to pay a ever growing price.
I hope that stock number is worth the billions in debt the US is racking up and the Fed pumping in 100,s of millions of dollars into the market.
I still don’t know why it is necessary for the Fed to keep pumping in my money if the economy is doing so great, can anyone explain (honest question)
China is either going to agree to resolve some of these serious issues that have existed for many years, or they are going to pay a ever growing price.
That's your feelings.....you don't know anymore than anybody else right now if China is going to concede on the critical stuff or not. ...so stop with your wishes and dreams and deal with the facts.
I hope that stock number is worth the billions in debt the US is racking up and the Fed pumping in 100,s of millions of dollars into the market.
I still don’t know why it is necessary for the Fed to keep pumping in my money if the economy is doing so great, can anyone explain (honest question)
The economy is doing very well, and will be even better once the dems get off their butts, and ratify the USMCA.
That's your feelings.....you don't know anymore than anybody else right now if China is going to concede on the critical stuff or not. ...so stop with your wishes and dreams and deal with the facts.
Your ill wishes for American trade deficit is very apparent...
Much of the left will say it’s not because of Trump or policy but that flies in the face of reality. The market was flat or slightly down for 2015 and 2016. It wasn’t until Trump was elected that we got this huge bull run. Another leftist talking point is that this only benefits the rich which couldn’t be further fro the truth. 70% of Americans over the age of 35 own stocks; 33% of the market is made up of retirement funds another 25% is small stock purchases and employee owned stock. 75% of the market is owned by Americans. The influx in capital helps create jobs, innovation, tax revenue, etc. everyone benefits in the long run.
Obama wasn't president just in 2015 and 2016.
Also, the market was flat in 2018 and most of this year.
We also got a huge bull run starting just 2 months after Obama took office.
Every talking point about the Trump stock market you can also say about the Obama stock market.
That's your feelings.....you don't know anymore than anybody else right now if China is going to concede on the critical stuff or not. ...so stop with your wishes and dreams and deal with the facts.
I never said China will concede.
This is a win, win for us.
If China doesn't agree to terms, they will lose even more of their manufacturing base (that's a damn good outcome, and frankly, the one I prefer).
They are struggling, but have roofs over their heads, electricity, heating & ac, cars, fancy cell phones w/ data plans, cable tv, and eat out.
Compared to many years ago in the U.S., or compared to other places across the globe today, they are living in luxury (like top 10%'ers). If they'd just manage their money more closely, they'd be fine. They cannot afford a lot of what they are buying. They are paying bank fees, credit card interest, car loan interest, ect.., all avoidable. Read Dave Ramsay's books, and just do it.
If China doesn't agree to terms, they will lose even more of their manufacturing base (that's a damn good outcome, and frankly, the one I prefer).
We can't lose here, deal, or no deal.
TOTALLY agree, we must win this time to make up for a long string of losses that led to the demise of American manfacturing and the high paying jobs that used to go along with them. We are China's biggest customer, and we're holding all the cards. Their GDP is already the lowest its been in 27 years, so they are feeling the Trump squeeze.
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