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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> Why This Happens - /cgi-bin/YaBB.pl?num=1517860195 Message started by T And T Garage on 02/05/18 at 11:49:55 |
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Title: Why This Happens - Post by T And T Garage on 02/05/18 at 11:49:55 - Is because we've got an unstable man-child in the oval office tweeting his a$$ off instead of doing his job. http://www.cnbc.com/2018/02/02/a-drop-of-more-than-600-points-in-the-dow-is-very-very-rare.html And another 600 points today (so far). But now, I guess when it drops, it's probably not our president's fault... right cons? |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/05/18 at 11:56:46 Yeah, it's Definitely his fault. Intelligent investors know that the interest rates are contingent on economic activity and unemployment rates. Trumps policies are driving activity up and unemployment down, so some investors are taking profits Now, before they go up, and THAT requires Selling, so, yeah it's gonna drop. BFD. Is there a larger correction looming? P/E ratios would say it should. |
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Title: Re: Why This Happens - Post by T And T Garage on 02/05/18 at 12:03:20 Trump hasn't just claimed that stocks are up because of him, he has argued without offering proof that they would have crashed if Hillary Clinton were president. "If the Dems (Crooked Hillary) got elected," Trump tweeted in late December, "your stocks would be down 50% from values on Election Day." Our president is a fu@king moron. http://money.cnn.com/2018/02/05/investing/dow-jones-trump-stocks-markets/index.html |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/05/18 at 12:17:48 When Trump was just a candidate, we were warned daily about the destruction that would follow, should he be elected. The economy would collapse. Atomic war would break out, because that petulant fool was just Aching to push that button. The jury is still out on that war thing. As to the economy, it's been record after record. The GDP to debt ratio dropped. Been a long time since that happened. Unemployment is down. And the market moved down. BFD, What did HE say or do that precipitated THAT? |
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Title: Re: Why This Happens - Post by T And T Garage on 02/05/18 at 13:02:21 4E505F5E534E55483A0 wrote:
Correction - over a 1100 point drop just today.... |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/05/18 at 13:35:44 66797F7865625363536B79753E0C0 wrote:
so it is Trump's fault then. Thanks for admitting it. |
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Title: Re: Why This Happens - Post by Eegore on 02/06/18 at 10:29:07 Do you guys really think one person causes these market fluctuations or are you intentionally disregarding all the variables that are involved in stock exchange? |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/06/18 at 10:53:32 The bazillion plus dollars handed out during Obama years gave corporations a way to buy up stocks. They were doing better. Trump shows up and makes policy decisions that cut regulations, promise to renegotiate trade deals, slash taxes, creating an influx of cash that corporations have been keeping offshore, setting the stage for a growth of industry and unemployment starts Down. All the factors, including the stupid price to Earnings ratios, the KNOWN Fed reserve policy of raising interest rates when these events start happening set the stage for people taking profits. Then That activity drives prices down which sets off Automatic Sell orders that some people have set up. And with the potential interest rate going up, we see money moving from stocks to bonds. There's a lot more to the picture than stock market. Watching it go through wild gyrations after being so pumped full of money that wasn't actually created through wealth creation. That money was toxic and the Price we will pay for the policies of those years could be mitigated by the Trump policies, but there will be a penalty. That we have been spared obvious and painful inflation following such bad policy decisions is surprising. |
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Title: Re: Why This Happens - Post by raydawg on 02/06/18 at 12:11:14 Idiot |
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Title: Re: Why This Happens - Post by T And T Garage on 02/06/18 at 13:13:33 6040424A5740250 wrote:
In this case, I think perhaps so. Let's entertain this notion - let's say that our president wasn't being investigated by the FBI. Let's also say that (somehow) he used his twitter account like, oh I dunno, Obama did. Further, let's assume that he "stuck to the script" so to speak. Do you honestly think the market volatility would be as great as it is now? No way. I'll concede that it may not be all his fault. But I would say that his demeanor, and how he's doing his job as president is one of the largest factors. |
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Title: Re: Why This Happens - Post by T And T Garage on 02/06/18 at 14:05:05 To further illustrate my point: http://www.yahoo.com/finance/news/markets-message-washington-stop-screwing-around-204053209.html Here's the gist: Our president and his fellow Republicans enjoyed a big legislative win last year when he signed a sweeping set of tax cuts, mostly for businesses. Their job in 2018 is basically do no harm, and if the tax cuts are going to stimulate the economy as Republicans claim, let the medicine do its work. But that’s not what has been happening. An impasse on spending and immigration legislation caused a brief government shutdown in January, and could do so again any day now, as a temporary spending measure expires and Congress needs to agree on a new one. Republicans and Democrats are squaring off in the same cul-de-sac they did last time, with no new paths to compromise apparent. The GOP tax cuts initially seemed like a boon for stocks, since they were sure to boost after-tax income for companies, which ought to push stock prices up. But markets have now turned that story around, voicing fresh worry about the inflationary effects of flushing new money into an already strong economy, and the rising interest rates that could follow. The Treasury Department is also issuing a lot of new debt to cover the government revenue lost to tax cuts, another force that seems to be pushing bond prices down, interest rates up, and investor worries into the sell zone. |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/06/18 at 15:25:00 5F4046415C5B6A5A6A52404C07350 wrote:
I spent time on that. Could we not just pretend it's not THERE? |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/06/18 at 16:29:06 5B444245585F6E5E6E56444803310 wrote:
I spent time on that. Could we not just pretend it's not THERE? [/quote] sure, I'll address some of that 1: "setting the stage for a growth of industry and unemployment starts Down." industry has been growing for the last 7 years, unemployment HAS BEEN GOING DOWN for at least as long. 2: "That we have been spared obvious and painful inflation following such bad policy decisions is surprising." Maybe that's because those "bad policy decisions" weren't as toxic and bad as you thought they were. After all, they were only done on the advice of those "in the know" the same people that want and praise Trump's Tax cut. listen, we all know that the economy is very complicated, and that of course the President is really only a small small factor of what causes what. but if he's going to brag about it and own it like he has, then he gets to own it when it falls as well. |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/06/18 at 17:41:54 Are you saying his policies Didn't improve it? |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/06/18 at 19:20:05 627D7B7C61665767576F7D713A080 wrote:
if they improved it, they also crashed it that's what taking RESPONSIBILITY looks like. the stock market has been soaring for the last 8 years, and as said before, there are a LOT of factors that affect the economy and the stock market. |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/06/18 at 20:03:04 That's illogical |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/06/18 at 21:00:23 0A151314090E3F0F3F07151952600 wrote:
WHAT? are you that lacking in integrity?? Let's say you are the CHIEF mechanic on a race car, that car is setting records and burning up the competition and winning, then, something fails in it's engine.... You've been bragging about how awesome you are as a mechanic and how you're procedures/policies made it so... but now something YOU WERE TAKING CREDIT FOR has FAILED, so, either you AREN'T as good as you thought you were , now if you have integrity, you take responsibility for that failure, you work to fix it and move on. but yes, that means you have to admit that you aren't perfect. Maybe Trump's policies will over all improve the economy, but those same policies might make the stock market a bit bumpier than it has been in the past 8 years. Does Trump have the intelligence or integrity to admit that? No, he doesn't. He'll just continue to think that all the good things are his doing while all the bad things are someone else's fault... that's what's illogical. |
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Title: Re: Why This Happens - Post by justin_o_guy2 on 02/06/18 at 21:13:12 I've explained it . It's not a car. |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/06/18 at 21:47:17 7A656364797E4F7F4F77656922100 wrote:
whatever. Why can't you take "I agree with you but Trump's still a jerk." as an answer? or is "but Obama/Clinton/Democrats....." the only answer you'll accept |
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Title: Re: Why This Happens - Post by verslagen1 on 02/07/18 at 08:34:30 https://fivethirtyeight.com/features/we-measured-trumps-first-year-according-to-his-own-goals-heres-what-we-found/ |
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Title: Re: Why This Happens - Post by FormerlyLostArtist on 02/07/18 at 09:08:34 73607776696462606B34050 wrote:
that's excellent besides the murder rate, he's mostly keep in line with the trends set by Obama, maybe some light improvement or decreases but nothing seriously skyrocketed or crashed. I totally give Trump credit for him not screwing up what he inherited. now if his big mouth doesn't get us into WWIII |
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