Explain the volatility before the Dems won the house then. You can’t, because it has nothing to do with it lol.
Someone’s screwing with the stock market
- Thread starter purkey
- Start date
Explain the volatility before the Dems won the house then. You can’t, because it has nothing to do with it lol.
I always enjoy these mental gymnastics. He's blaming democrats when they're not even in office yet, lol.
It was known for weeks the Dems would take the house. It’s as plain as day. Its not that the market thinks socialism is coming, it’s the fact that you people are dumb enough to wreck the country instead of compromise with the most liberal republican you will ever get a chance with.
The big increase in market volatility started in early October, with bank stocks starting a week to ten days earlier. What were prediction markets saying then about the likely outcome of U.S. House elections?
Help me out here. I thought that the stock market generally likes the stalemate that occurs from having the two parties split power.
This is a BS copout excuse (not you, the entire house flipping argument) used to one-up. It’s bogus, but sheep will be sheep.
What you said: “you will ever get a chance with” = “in my lifetime”
If you don’t mean that to be that, do yourself a favor and quit posting hyperbolic BS.
Let's game this out. Out of curiosity, what was the house gonna do that made the economy stagger at the mere prospect of the house being taken over by democrats?
The stock market has 5 things that are really playing havoc with it right now.
1. The economy seems to be relatively healthy and outward signs do not point to a crisis right now and yet the fed is moving fast on interest rates. So, investors are starting to ask if there is something the fed knows that we don't and are pulling investments in the market back and keeping assets liquid until it they get more answers.
2. Investors are worried that the fed is slowing the economy too fast.
3. They are scared that the fed chair will be fired and if that happens models go bonkers and no one knows who will replace him or what effects it will have.
4. The government shutdown, if it lasts long enough, could move the USA's credit rating. That would be real bad news for a lot of investors.
5. The POTUS is still making threats to raise tariffs on some Chinese goods.
1. The economy seems to be relatively healthy and outward signs do not point to a crisis right now and yet the fed is moving fast on interest rates. So, investors are starting to ask if there is something the fed knows that we don't and are pulling investments in the market back and keeping assets liquid until it they get more answers.
2. Investors are worried that the fed is slowing the economy too fast.
3. They are scared that the fed chair will be fired and if that happens models go bonkers and no one knows who will replace him or what effects it will have.
4. The government shutdown, if it lasts long enough, could move the USA's credit rating. That would be real bad news for a lot of investors.
5. The POTUS is still making threats to raise tariffs on some Chinese goods.
The economy and market are separate entities. How about you give that ghey question a do-over.
The stock market and oil prices obviously aren't "the" economy but they're certainly significant components. How about you engage in intellectual honesty and quit distracting from the exchange with more of your cubicle-think?
From page 1.
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-shoot.
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-shoot.
But even with that. The stock market knows that OPEC, Russia, Canada all have plans to cut output and bring down supply that should see 55-66/bbl first half of 2019. They are predicting $63-78/bbl average in 2019. Now the glut of refined gasoline product in China is probably a bigger concern to the market.
Plus growing relative attractiveness of "safe" investment vehicles compared to potential equity return... the retail investor olds are moving money to CDs.
I don't think these "sell-offs" are the whole picture here. Sectors have sell-offs all the time. One sector drops and another sector picks up. The rest of the story is that these investors are not re-investing in the market because they can get good rates sitting on liquid assets right now and the issues of uncertainty that I mentioned earlier.
And now that we can export it, some of those pressures ease.
Sys,
I didn't list wacko Dems taking the house. Ya'll can't burn down the country with only 1 chamber.
And imagine what that doofus ex-prez would have blubbered if the Fed had gradually raised rates in his 2nd term as the economy grew (slowly).
Probably something like: "The days of 2% growth are never coming back."
And you, toon, etc would have nodded.
I didn't list wacko Dems taking the house. Ya'll can't burn down the country with only 1 chamber.
And imagine what that doofus ex-prez would have blubbered if the Fed had gradually raised rates in his 2nd term as the economy grew (slowly).
Probably something like: "The days of 2% growth are never coming back."
And you, toon, etc would have nodded.
Finally. That's right. Why does Wharry say such preposterous things? I think he actually believes it.
Ummm... blubbering isn't his thing, it sounds a lot like another guy though.
Have you noticed the way Biff appoints someone and then melts down and calls them incompetent?
I think you're wrong, but hope you're right. We'll see.
I agree
To me, I don't think that the stock market is currently a good reflection of the economics of the average American household
Slow or reverse regulatory reform in the financial sector for one thing as they’d already promised to do.
“Increases in certain revenue relative to last fiscal year are driven primarily by non-withheld tax payments made in April (and March) to cover last year's taxes and also by revenue raised in October, November, and December of 2017 – months which are part of fiscal year 2018 but were under the old tax code.
Excluding revenue collection related to last year's code, total nominal revenue is down 3.6 percent, real revenue is down 5.4 percent, and revenue as a share of the economy has decreased by 8.1 percent.
A simpler way to look at revenues for just the tax year would be months after the April 15th deadline for most filers to pay taxes for the previous year. Revenues from May through September have fallen by 4.7 percent in nominal terms.”
- Revenues were up by 1%; Outlays rose by 4 percent
- Most of the increase in outlays was attributable to 3 mandatory programs — Social Security (up 4%), Medicare (up 3%), and Medicaid (up 3%)
- Payment of interest on the public debt was up 19%.
Man I'm making money today. I love it when the market panics. I just wish the markets had lost an additional 10% on Christmas Eve. I'm a bargain shopper.
That actually wasn’t in the document at the link you sent, which was a Sumnary of the main document.
I didn’t link through to the main (full) document to read it, but I don’t dispute that those quotes are in the main document.
