The Stock Market...................
- Thread starter Pokeabear
- Start date
or you can say it's up 7000+ since Nov 6 2016.
You can always manipulate numbers to fit a point of view.
You can always manipulate numbers to fit a point of view.
Trump says he can’t compete with Obama’s economic record if the Fed raises rates. “How the hell do you compete with that?” Trump says. “And Obama — remember, this is very important — Obama had zero interest.”
Barack Obama got low interest rates when he was president, which is why Obama’s numbers were as good as they were (not much!). Just think how great the economy would be doing now under Trump (and it’s the best economy ever, by far) if only the Fed wouldn’t raise interest rates so much.
Obama was a lucky duck, because the economy was falling like a rock when he came in. The economy declined 8.4% and 2 million workers lost their jobs the quarter before he took office. That gave an Obama an advantage because it could only go up from there, says Trump, who inherited an economy that was growing about 2%, with 2.5 million new jobs in the previous 12 months. The Fed had already raised rates twice to a range of 0.50% to 0.75% when he took the oath.
“You give me zero interest rates and you show me my numbers with zero interest rates,” Trump says. “Anybody can do that with zero interest... He had ph
ony numbers because it was based on zero interest.”
JFC.
Barack Obama got low interest rates when he was president, which is why Obama’s numbers were as good as they were (not much!). Just think how great the economy would be doing now under Trump (and it’s the best economy ever, by far) if only the Fed wouldn’t raise interest rates so much.
Obama was a lucky duck, because the economy was falling like a rock when he came in. The economy declined 8.4% and 2 million workers lost their jobs the quarter before he took office. That gave an Obama an advantage because it could only go up from there, says Trump, who inherited an economy that was growing about 2%, with 2.5 million new jobs in the previous 12 months. The Fed had already raised rates twice to a range of 0.50% to 0.75% when he took the oath.
“You give me zero interest rates and you show me my numbers with zero interest rates,” Trump says. “Anybody can do that with zero interest... He had ph
ony numbers because it was based on zero interest.”
JFC.
what if there was no need to raise interest rates...I agree, stop raising them and see what happens. I bet nothing. Be the first one through the wall...market up almost 5,000 points since trump became prez.
The article tells me China can’t produce their own and Brazil can’t produce enough to make up the shortfall. China can “want” to stop buying from us all they want, but that desire doesn’t quench their need to import from us (or somebody).
The article states that Chinese farmers operate on a tight margin. And the Chinese government wants farmers to feed less soybeans to raise stock that sells by the pound. Sounds like we have something in common with China: federal governments are out of touch with the little guy. Good luck with that.
So the markets have regained over half of what they lost yesterday. Has this guy sent out a tweet that the Markets are rising at meteoric rates by gaining 50% of the whole year in a couple hours?
"MARKETS GET CRUSHED" is clickbait. If the markets continued in a downward trend maybe the title would be more appropriate.
The stock market moves up and down? Weird.
Doubt it has even crossed OP’s mind that some of this down market is fear Democrats take back house and all the legislation that has helped the economy will come to a grinding halt.
We’ve been over this a couple of times.
It does down because Trump
It goes up because Obama
It stays stagnant because Gundy
Good thing the market was never pegged to "If you want to keep your doctor, you can keep your doctor," and "this healthcare bill will save each American family (maybe individual don't remember) $2,500 USD."
Donger....your a funny man sir. Do you remember when Hollywood Henderson said of Terry Bradshaw that he couldn't spell "cat" if you spotted him the "c" & the "t?"
Donger....your a funny man sir. Do you remember when Hollywood Henderson said of Terry Bradshaw that he couldn't spell "cat" if you spotted him the "c" & the "t?"
Definitely part of the story in the banking sector.
I saw some of Obama's speech in Arizona a day or tow ago and he claimed that "all of this recovery is what he/I started so dont forget that"... or close to it.
Will democrats never make up their mind or is just a moving target like usual?
Will democrats never make up their mind or is just a moving target like usual?
Yep, they are working and China is hurting for sure.
I know this: I did OK on the 500 units of SPDR I purchased yesterday.
Yes, but it will get harder in the US before it gets better. If you ever get a chance to go, go. What China has done to there infrastructure is nothing short of amazing.
This is pretty spot on, IMO.
https://www.cnbc.com/2018/09/24/tru...chinese-economy-china-already-has-cracks.html
Yes
Do you oppose having the majority of the tax-payers getting to keep more of their own earnings?
https://www.google.com/amp/s/amp.cn...1/pf/taxes/new-tax-law-withholding/index.html
Is 90% a majority still?
I have been reading (and posting on this board) articles like this for quite some time. It is interesting that when the Chinese government eased its control over the economy somewhat it began to grow (as always happens when command economies try to morph into market economies). And as the new dictator (I don't remember his name) has tried to switch back into more of a command economy cracks have been appearing. Economists have been expecting "the other shoe to drop" on the Chinese economy for several years now. Trump's tariffs may well be the thing that causes an economic crisis in China. Which I'm sure Trump will believe is a good thing.
Trump is an economic nationalist. He views trade as a competition, with winners and losers, and if the winner can utterly destroy the loser that just shows how brilliant, ruthless and victorious he is. That it might throw millions of innocent Chinese citizens back into extreme poverty, with an almost certainty the Chinese government will return to its formerly tyrannical ways is of no importance. He won.
Yes, I really believe that the majority of Americans that pay into the federal tax system will be keeping more of their money.
It has certainly worked that way for me and I am just kind of a normal, go to work everyday, middle income guy.
God it pains me that someone as dumb as you graduated (I guess) from oSu.
“90% have higher take home”. “An estimated 21% may not be withholding enough”.
And even within that 21% some would have taken home more even if they HAD already adjusted their withholding.
Yeah, I was trying to find the part of his story that proved his point. If it was the "21%" part, then that isn't evidence of anything. I'm guessing around this many taxpayers don't withhold enough every year
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