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

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What are your thought on what is happening in the markets? This is getting really serious and ugly fast. Thoughts? Lot of IRA's and different retirements getting flushed down then drain.
 

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What is there to say. It's happened before and it will happen again.
this is the worst December since the Great Depression for the market. i know we have had corrections before, but there a lot of geo political problems now that we haven't had before.
 

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What are your thought on what is happening in the markets? This is getting really serious and ugly fast. Thoughts? Lot of IRA's and different retirements getting flushed down then drain.

It's called too much winning. Trump felt we all where getting soft from all the winning so he had to have us lose a little to toughen up and appreciate all he has done for us. Thank you Mr. Trump #winning
 

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this is the worst December since the Great Depression for the market. i know we have had corrections before, but there a lot of geo political problems now that we haven't had before.

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....
 

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this is the worst December since the Great Depression for the market. i know we have had corrections before, but there a lot of geo political problems now that we haven't had before.
I guess that's as good of an answer as any.
 

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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..
 

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I read that Trump is obsessed with the market, and he is really fretting about the steep declines, FWIW.
 

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I read that Trump is obsessed with the market, and he is really fretting about the steep declines, FWIW.

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.
 

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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....
You're such an ass. Predictably you blame Trump for leveling the playing field
on trade. If Trump walked on water you'd bitch that he can't swim.

The Market overreacts to the slightest occurrence. Sometimes it reacts over just
a possibility. One is those is that the U.S. Federal Reserve will raise interest
rates faster than previously expected. That was triggered by U.S. jobs data on Friday
that showed wage growth is picking up which could mean faster inflation. Or not.

Unlike you I'm not an expert but my feeling is the Market is overpriced and has been
for a long time. It simply needs a correction.
 

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Willie99
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Join Date Sep 2005 Location Home of Foxwoods, Mohegan Sun & Looney Libs Posts 63,069

11-19-2018, 08:36 PM

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Originally Posted by Willie99

If you vote for a living and the most productive thing in your life is protesting, you don't care about economic growth and unemployment rates

Youse just know that Republicans hate women



+1

this guy's got game​



"The best argument against democracy is a five-minute conversation with the average voter". "A rising tide raises all boats". "MAGA"

 

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You're such an ass. Predictably you blame Trump for leveling the playing field
on trade. If Trump walked on water you'd bitch that he can't swim.

The Market overreacts to the slightest occurrence. Sometimes it reacts over just
a possibility. One is those is that the U.S. Federal Reserve will raise interest
rates faster than previously expected. That was triggered by U.S. jobs data on Friday
that showed wage growth is picking up which could mean faster inflation. Or not.

Unlike you I'm not an expert but my feeling is the Market is overpriced and has been
for a long time. It simply needs a correction.

I have personally never seen a man walk on water, though I believe if I did the last thing I would think is "can he swim"

Though if I saw a man drowning in a pool, I would probably assume he couldn't swim.

If Trump is going to take credit for when the market is up he should also take blame when its tanking. Very simple.
 

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this is the worst December since the Great Depression for the market. i know we have had corrections before, but there a lot of geo political problems now that we haven't had before.
has always been "geo political problems now that we haven't had before" ... perhaps only difference now is that some of the largest, most influential companies in the world (nike, google, facebook, amazon, msft, GM, bayer) are now more intertwined with the us govt and more involved with social concerns than they ever have been. normally companies refrain from becoming involved in American tribalism but for some reason they are becoming as involved as the MSM
 

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The markets are not really a reflection of economic growth. I once naively believed they were, but history has taught me they're not. Economic growth, jobs growth, wage growth are all significantly more important to society. Market growth is just some icing on the cake. Markets have surged and plummeted throughout their history, and will continue to do so. Analysts pretend they know why, they don't. The average man panics and sells low, really smart people that can take advantage of them do take advantage of them. No, I'm not saying I'm that guy in this arena. I just don't panic and ride out every storm.

If you're making some reference to Trump's policies, I'll just point out the markets are substantially higher since he won the presidency
 

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The economy is fundamentally sound. The market hates uncertainty. This is more of a short term pain, long term gain. Once the trade issues settle down we will get back on track.

Trump wants the fed to slow down the rate increases, this should do it, at least temporarily.
 
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this is the worst December since the Great Depression for the market. i know we have had corrections before, but there a lot of geo political problems now that we haven't had before.

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


djia.jpg
 

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The economy is fundamentally sound. The market hates uncertainty. This is more of a short term pain, long term gain. Once the trade issues settle down we will get back on track.

Trump wants the fed to slow down the rate increases, this should do it, at least temporarily.


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
 

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The economy is fundamentally sound. The market hates uncertainty. This is more of a short term pain, long term gain. Once the trade issues settle down we will get back on track.

Trump wants the fed to slow down the rate increases, this should do it, at least temporarily.

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

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