Topic I have not seen discussed here...................stock market...

[Avocado33]

The only really shocking thing is that this market correction didn't happen sooner. The economy is in good shape.

 

[TheEnd]

The president in no way controls the Fed. When the market increases of course interest rates will also increase. It's economics 101.

We are talking Trump here. Of course the fed is independent but 2 months ago a December hike was all but imminent and it may very well happen but more likely in early 2019.

If you haven't heard Trump bitching about the recent rate hikes and slamming the fed for the move then you are ill informed. If they wait until 1Q 2019 he will take credit for it just like he will take credit for the reduction(s) in 2020

 

[GasMan]

Duck,

My last post was sarcastic. But you aren't going to get a straight answer down here, almost everyone is republican or very very far right.

The trade wars are simply killing the market. There is a reason other presidents didn't do this....

Fucking idiots think like this...lap dog suck it up from the media.

Moron. There is a reason the fed shouldn't raise rates 4 times in a 14 month period either jackass....funny how the housing market started dying within a couple of months of the 2nd rate hike...

Hmmm.....reminds me a lot of the last stock market crash when the economy was booming under Bush. Weird how that works...why didn't they raise the prime when Obama was in office?

Retard.

 

[GasMan]

I swear liberals are completely fucking retarded. Is there some kind of IQ test they take to qualify for being a douche bag lib?

 

[WoodStool]

We are talking Trump here. Of course the fed is independent but 2 months ago a December hike was all but imminent and it may very well happen but more likely in early 2019.

If you haven't heard Trump bitching about the recent rate hikes and slamming the fed for the move then you are ill informed. If they wait until 1Q 2019 he will take credit for it just like he will take credit for the reduction(s) in 2020

Of course I have, and no president enjoys when the Fed hikes the rate, but they simply don't throw a tantrum in public about it...

 

[WoodStool]

Fucking idiots think like this...lap dog suck it up from the media.

Moron. There is a reason the fed shouldn't raise rates 4 times in a 14 month period either jackass....funny how the housing market started dying within a couple of months of the 2nd rate hike...

Hmmm.....reminds me a lot of the last stock market crash when the economy was booming under Bush. Weird how that works...why didn't they raise the prime when Obama was in office?

Retard.

Thanks for your nonsense. Feel better?

 

[TheEnd]

The economy is anything but fundamentally sound . The economy is a basket case, and one large bubble bursting .

Now the ECB joins the party of no moar QE https://www.bbc.com/news/business-46552147

I could link several sites to economists who disagree. I subscribe to The Economist but I take their take with a grain of salt. History tells us a lot and a recession is looming. No one knows when or how deep it will be but there is one coming, we are a few years past what history has shown

Many economists cite profit taking and uncertainty in the markets for the recent tank. Time will tell but I am still in and will stay in.

 

[SheriffJoe]

We are a country of consumers, so of course our trade deficits are huge. Putting tarifs on the things we want is simply stupid in my opinion and almost all former presidents would agree...

Problem with Trump is he continues to think he see simple answers for complex problems. For a guy that would tweet weekly about how great the stock market was doing his first 18 months in office, sure has went quiet on that now...took only his 2nd year to have the market lower then where it started at the beginning..

Given the run up we've had over the last 2-3 years, a correction like this is healthy.

Yep, vittard the retard is back!

:hammerithno:

 

[Avocado33]

Yep, vittard the retard is back!

:hammerithno:

Guess he chose not to see this part?

 

[Seymour]

Of course he is, what has he done? Get rid of the Affordable Care Act(nope), built a wall(nope), higher stock market(nope). He got Paul Ryan's tax plan in and put in a few conservative judges, something any republican president would have done...

He talks a big game and the uneducated only care about tough talk.

Homie, you forgot that part about presiding over the greatest economy in US history? I also believe the word ISIS is pretty much obsolete

 

[SheriffJoe]

Stunning! Fed Reserve Erases $4 Trillion from US Economy in Rate Hike Talk

[video=youtube;SLaTClxkddw]https://www.youtube.com/watch?time_continue=40&v=SLaTClxkddw[/video]

Weeeeeeeeeee...debt is not debt, wealth is not wealth and the govt gets its money from the big bank in the sky - Pavian economics strikes again!

Weeeeeeeeeee...higher interest rates around the corner because of the reckless Obama years!

Weeeeeeeeeee...the Robber-Baron cartel known as the Federal Reserve talking your 401k into the trashcan!

END THE FED!
END THE FED!
END THE FED!
END THE FED!
END THE FED!

 

[Acebb]

...took only his 2nd year to have the market lower then where it started at the beginning..

You're so stupid it is hilarious.

 

[Seymour]

You're so stupid it is hilarious.

It's like the news - if they say it then maybe someone will believe it - but in reality the Dow was 18,332 on 11/8/16 when Trump was elected and 19,827 on January 20, 2017 when he took office