Someone’s screwing with the stock market

[purkey]

it looks like. No fundamental reason for this slide. An adjustment was coming but this is something more. I will say that speaking with some of the store owners in Penn Sq mall, some saying this was the worse Christmas in a long time. Probably due to the internet more than a sagging economy here in Okc. Safety in malls another reason probably.

 

[cableok]

The market likes stability. Several issues, but I think include:
1) Dems taking over the House
2) Trumps trade policy
3) Trump saying he wants to fire the Fed head (only related to last three days)

 

[imprimis]

Program trading effects the market. Once the computers start going anxiety turns to steroid trading.

 

[CSCOTTOSUPOKES]

The market likes stability. Several issues, but I think include:
1) Dems taking over the House
2) Trumps trade policy
3) Trump saying he wants to fire the Fed head (only related to last three days)

Dems taking over the house has nothing to do with this.

 

[CoastGuardCowboy]

^LOL^ Socialist Democrats taking over the house has nothing to do with this. Sure, LOL!

 

[aix_xpert]

This is completely driven by an overactive fed who thinks the market can somehow absorb a point and a half in rate hikes in only 18 months. Fastest rate acceleration in my lifetime.

The cynic in me would say they want the economy to fail under Trump, and given 6 years of holding the rates at zero for Obama, there is some evidence to that. But maybe it's just a by product of trump being so successful in growing the economy that inflation could be a concern.

 

[cableok]

Dems taking over the house has nothing to do with this.

You don’t think Pelosi making a statement that she wants to rollback tax cut effects the market??

 

[CSCOTTOSUPOKES]

You don’t think Pelosi making a statement that she wants to rollback tax cut effects the market??

No...because this tax plan doesn’t work and it needs to be fixed. The Fed knows it too.

 

[JimmyBob]

No...because this tax plan doesn’t work and it needs to be fixed. The Fed knows it too.

Your stupidity is beyond comprehension.

 

[CSCOTTOSUPOKES]

Your stupidity is beyond comprehension.

Typical conservative circle jerk response. Can’t debate, resorts to making himself feel better with feeble attempts at one-upping.

Someone piss in your egg nog today?

 

[shortbus]

Typical conservative circle jerk response. Can’t debate, resorts to making himself feel better with feeble attempts at one-upping.

Someone piss in your egg nog today?

Seriously dude?

You responded being sure to defend what you took as a slight to the party you cuddle to sleep at night without even having an independent thought on the subject.

Let’s be honest, you have no freaking clue what’s causing it. You just don’t want to acknowledge it could be possible.

 

[CSCOTTOSUPOKES]

Seriously dude?

You responded being sure to defend what you took as a slight to the party you cuddle to sleep at night without even having an independent thought on the subject.

Let’s be honest, you have no freaking clue what’s causing it. You just don’t want to acknowledge it could be possible.

If you think the democrats taking the House has tanked the stock market, you’re an idiot.

A big one lol

It’s got nothing to do with it. Period.

 

[Medic007]

If you think the democrats taking the House has tanked the stock market, you’re an idiot.

A big one lol

It’s got nothing to do with it. Period.

In your own words, what do you think tanked the stock market?

 

[cableok]

No...because this tax plan doesn’t work and it needs to be fixed. The Fed knows it too.

Taxplan failed? Care to explain?

And if the Fed knows it failed wouldn’t that mean they would NOT increase rates? It sounds like you may not know what the hell you are talking about.

 

[CSCOTTOSUPOKES]

In your own words, what do you think tanked the stock market?

Tax plan
Inflation
Tariffs/trade war
Underwhelming earnings reports

 

[CSCOTTOSUPOKES]

Taxplan failed? Care to explain?

And if the Fed knows it failed wouldn’t that mean they would NOT increase rates? It sounds like you may not know what the hell you are talking about.

It’s added to the debt problem, not reversed it.

The initial burst this year from repatriation has worn off, and the real effects of this trash tax plan have resulted in the fed raising interest rates to counteract.

 

[Medic007]

Tax plan
Inflation
Tariffs/trade war
Underwhelming earnings reports

Thanks for the response.

 

[shortbus]

If you think the democrats taking the House has tanked the stock market, you’re an idiot.

A big one lol

It’s got nothing to do with it. Period.

I didn’t say that’s why. You said it wasn’t why. I just thought because you were so certain of it, that you must have some kind of evidence to support it. No. No I didn’t. I actually thought, wow? What a surprise! Clinton is having an independent thought. Oh wait. No. No he isn’t. But someday...some day he might.

 

[Marshal Jim Duncan]

The biggest bulk of the slide has been a result of programmed trading due to the flattening to inverting yield curve and the market being overvalued somewhat. The trade issues between China and the U.S. Have been a factor too, but an already slowing Chinese economy and the perception that a recession is overdue -- leading to the flattening yield curve have been more so.

Trump's remarks, along with this unnecessary last rate hike and some ambiguity/confusion as to the Fed's direction going forward have been the biggest factor the last few trading sessions. Oil and gas downturn will be a factor too. though will help some transport industries in the intermediate term.

 

[CBradSmith]

The biggest bulk of the slide has been a result of programmed trading due to the flattening to inverting yield curve and the market being overvalued somewhat. The trade issues between China and the U.S. Have been a factor too, but an already slowing Chinese economy and the perception that a recession is overdue -- leading to the flattening yield curve have been more so.

Trump's remarks, along with this unnecessary last rate hike and some ambiguity/confusion as to the Fed's direction going forward have been the biggest factor the last few trading sessions. Oil and gas downturn will be a factor too. though will help some transport industries in the intermediate term.

Yes.

Tax plan
Inflation
Tariffs/trade war
Underwhelming earnings reports

No. All these things are/were known in even the simplest of models. It's pretty funny you said inflation....and earnings reports.

The likeliest explanation is i) Energy sector sell off due to to oil availability, ii) FAANG stocks selling off due to overvaluation, iii) semiconductors selling off due to crypto-collapse, and iv) mixed signals in housing and jitters that they result from Fed over-shooting.

Tax plan nor debt has anything to do with this. This is about asset valuations. Tax plan doesn't even sniff of making sense Toon. Use informed boogywords.

 

[CSCOTTOSUPOKES]

Good article with facts from both sides of the table...

https://www.google.com/amp/s/www.vo...53/tax-cuts-and-jobs-act-stock-market-economy

 

[CBradSmith]

Good article with facts from both sides of the table...

https://www.google.com/amp/s/www.vo...53/tax-cuts-and-jobs-act-stock-market-economy

It's not a good article.

How did you reach that conclusion?

 

[aix_xpert]

It's not a good article.

How did you reach that conclusion?

Its a terrible article. It highlights that the Taxbill drove stock buybacks which should have driven the market even higher. And outside of one sentence completely disregards the fact that the fed has raised interest rates a quarter point in all but one quarter of Trump's presidency. It uses a bunch of financial jargon but was clearly written for an financially uneducated crowd who don't realize that everything they say the tax bill does should have led to higher stock market prices. If you want to debate whether the tax bill is good or bad for the average American, sure, lets have that debate. But nothing they reference in their article indicates why the market has dropped by 20%.

 

[aix_xpert]

It’s added to the debt problem, not reversed it.

The initial burst this year from repatriation has worn off, and the real effects of this trash tax plan have resulted in the fed raising interest rates to counteract.

No offense, but this makes Zero sense. If the burst effects from repatriation has worn off, then why is the Fed raising rates to slow growth?

 

[purkey]

I think there are still people in a position to control things to do harm to trump and harming the country as well. They don't care about anything but beating trump and making sure he's not around for much longer. The economy was the biggest bright spot he had and they are doing what they can to destroy that...and everyone else along with that economy.

 

[Syskatine]

I'll be it's Soros.

 

[HighStickHarry]

I'll be it's Soros.

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You do know that Russians were indicted for spreading false info on social media don’t you? Are you so out of touch you can’t tell a fake tweet?

 

[HighStickHarry]

Its a terrible article. It highlights that the Taxbill drove stock buybacks which should have driven the market even higher. And outside of one sentence completely disregards the fact that the fed has raised interest rates a quarter point in all but one quarter of Trump's presidency. It uses a bunch of financial jargon but was clearly written for an financially uneducated crowd who don't realize that everything they say the tax bill does should have led to higher stock market prices. If you want to debate whether the tax bill is good or bad for the average American, sure, lets have that debate. But nothing they reference in their article indicates why the market has dropped by 20%.

Oh you’ve done it now. Toon is about to nuke your response with facts and educated opinions. You are about to get schooled homeboy.

 

[Syskatine]

Its a terrible article. It highlights that the Taxbill drove stock buybacks which should have driven the market even higher. And outside of one sentence completely disregards the fact that the fed has raised interest rates a quarter point in all but one quarter of Trump's presidency. It uses a bunch of financial jargon but was clearly written for an financially uneducated crowd who don't realize that everything they say the tax bill does should have led to higher stock market prices. If you want to debate whether the tax bill is good or bad for the average American, sure, lets have that debate. But nothing they reference in their article indicates why the market has dropped by 20%.

I look forward to the third consecutive republican administration blame everyone else but their own policies for the economy going from good to bad. It's clockwork.

#excuses

 

[Headhunter]

Blame tax cuts is ridiculous. The feds are taking in record amounts of tax revenue.

The congress is drunk on over spending and it's about to get a lot worse. The Fed was basically giving out free money to prop up the Obama economy and now has decided to stick it to Trump.

If anyone thinks the individual retirement investor is in any way protected by our congress or regulators they are living in a dream world. They don't give a rat's ass about us.

 

[Ostatedchi]

As you raise interest rates, money moves from stocks to bonds. So of course the stock market is going to take a hit. The question is the bond market making a commensurate increase?

 

[CSCOTTOSUPOKES]

Blame tax cuts is ridiculous. The feds are taking in record amounts of tax revenue.

FY 2017 Corporate Tax Receipts: $297 billion
FY 2018: $205 billion


$92 billion. I’m sure we could scrape together a decent shit-to-do list and check some boxes with 92 billion dollars.

 

[Bitter Creek]

it looks like. No fundamental reason for this slide. An adjustment was coming but this is something more. I will say that speaking with some of the store owners in Penn Sq mall, some saying this was the worse Christmas in a long time. Probably due to the internet more than a sagging economy here in Okc. Safety in malls another reason probably.

Americans spent more on Christmas this year than any of the previous 6 years from what I saw. Household spending has also increased for 9 straight months.

 

[N. Pappagiorgio]

FY 2017 Corporate Tax Receipts: $297 billion
FY 2018: $205 billion


$92 billion. I’m sure we could scrape together a decent shit-to-do list and check some boxes with 92 billion dollars.

Are you capable of painting a complete picture?

 

[Bitter Creek]

No...because this tax plan doesn’t work and it needs to be fixed. The Fed knows it too.

Who is it not working for other than those that don't have a net tax contribution?

I'm nothing more that upper middle income/ average joe in terms of my annual income and I am benefitting by getting to keep more of my money which resulted in me being able to invest more and pay down my obligations at a faster.

 

[Bitter Creek]

It’s added to the debt problem, not reversed it.

The initial burst this year from repatriation has worn off, and the real effects of this trash tax plan have resulted in the fed raising interest rates to counteract.

Debt is a combination of two things income and outgo (I'm aware that you know that). So, to say that the reduced tax rates caused the issue isn't entirely true. It is the fact that the country didn't reduce its spending along side the tax rate reduction.

 

[aix_xpert]

I look forward to the third consecutive republican administration blame everyone else but their own policies for the economy going from good to bad. It's clockwork.

#excuses

Let me know when you want to actually debate my position rather than just default to party politics.

 

[Syskatine]

Let me know when you want to actually debate my position rather than just default to party politics.

I already know. Biff good. There's gonna be a million excuses and denials like there always is. Result will be the same. He hasn't done SHIT for the great unwashed that believes his hokey balogna.

He owned this stock market during the Obama afterglow, he can own it once his economics had a chance to kick in. Is that unfair?

 

[HighStickHarry]

I'll be it's Soros.

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I guess we are just going to move on from you being duped. Ok merry Christmas

 

[HighStickHarry]

I already know. Biff good. There's gonna be a million excuses and denials like there always is. Result will be the same. He hasn't done SHIT for the great unwashed that believes his hokey balogna.

He owned this stock market during the Obama afterglow, he can own it once his economics had a chance to kick in. Is that unfair?

You are right. It is trumps fault. Ultimately he is the reason Dems are taking control of the house and causing this panic. He should admit that.