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Stock Market under Trump (1 Viewer)

I agree. It’ll maybe be even worse than it is now if we elect a socialist who might also bankrupt the country. 

If the choice is Trump or Bernie we are seriously screwed. 
This is the pessimist in me, but I feel like we are screwed unless a moderate Democrat wins. Trump = bad news. Sanders or another socialist not named Yang = bad news. Yang? Such a wildcard but at least he gives me some hope, economically. I’m warming to him.

 
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Here's a spin - all five of the biggest single-day point drops in the history of the Dow have been under Trump! USA! USA!
Oh, it's spin alright.  6 of the 10 ten best up days are under Trump.  

It's more fair to look at it in percentage terms, and the Trump years aren't even in the top 20 of biggest day percentage drops.  wiki

I hate the dude and his policies, but pointing to the largest point drops in history isn't a fair indictment since the market is much higher.  

 
Sorry, disowned was not right but Tgunz said anyone who supports Trump are not good people.   :lmao: . That is just crazy and why I can't take anything he says seriously.  I am assuming it is a schtick account.  Well played.   :lol:
I stand by that assessment.  If you openly support the blatant racism and child separation policies, I question your character.  

 
True of False:

"Trump came along and deregulated everything, weakening the post-Great Recession laws meant to curb Wall Street abuses, and authorizing a massive tax cut for the wealthiest Americans without paying for a cent of it."

 
I would recommend that one not under any circumstances buy a house until the real estate market correction happens.  My tax law buddy sold his last year and is renting until that happens to boost his retirement.  He'll buy at the bottom of the market like a boss, as always.
I didn't buy at the exact bottom but pretty close.   I could get about 80% more than I paid but I love the place and plan on dying here.

Which honestly could be soon.

 
Is what it is.  My opinion is that political discussions are fun and thought provoking.  I've never been much of a political person until 2018, and while a true independent, I probably leaned Republican in my voting record.  I'm grateful that Trump brought me to my political Jesus.  You and I should be able to disagree but still have a beer together.  That's my take but I don't believe it goes both ways.  You guys bragging about how flush with cash you are from Trumps market yet not willing to donate to a FBG's charity for Kids with Cancer really struck me as Trump over everything.  Right or wrong, I feel like I've always been generous with my market thoughts, but this made me realize that generosity here isn't a 2 way street.  And I realized it's not worth my effort to provide  thoughts on the market anymore.  Like I said- it is what it is.  I'm relieved personally.
Thanks for your contributions GB.  :thumbup:

 
True of False:

"Trump came along and deregulated everything, weakening the post-Great Recession laws meant to curb Wall Street abuses, and authorizing a massive tax cut for the wealthiest Americans without paying for a cent of it."
Everything?  Not yet, but they have absolutely rolled back some of the protections put in place by Obama, well because it was Obama :shrug:  

 
Sorry, disowned was not right but Tgunz said anyone who supports Trump are not good people.   :lmao: . That is just crazy and why I can't take anything he says seriously.  I am assuming it is a schtick account.  Well played.   :lol:
This crap...you hear what he is actually referring to?  he is talking about supporting racism.  

BTW...it wasn't even about Trump on its own, it was in the Reagan thread discussing racism.  So yeah...not even close to what was first claimed about disowning family just for voting for him.

 
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Oh, it's spin alright.  6 of the 10 ten best up days are under Trump.  

It's more fair to look at it in percentage terms, and the Trump years aren't even in the top 20 of biggest day percentage drops.  wiki

I hate the dude and his policies, but pointing to the largest point drops in history isn't a fair indictment since the market is much higher.  
And 8 of the top 10 loss days!  USA!

 
Oh, it's spin alright.  6 of the 10 ten best up days are under Trump.  

It's more fair to look at it in percentage terms, and the Trump years aren't even in the top 20 of biggest day percentage drops.  wiki

I hate the dude and his policies, but pointing to the largest point drops in history isn't a fair indictment since the market is much higher.  
In all seriousness, of course.  It was, however, a 3% drop in a day and almost 7% in the last month.  Hopefully a big upswing tomorrow.

 
I agree. It’ll maybe be even worse than it is now if we elect a socialist who might also bankrupt the country. 

If the choice is Trump or Bernie we are seriously screwed. 
At least we'll get nice things with Bernie. 

With Trump its more money for us......F you. 

 
In all seriousness, of course.  It was, however, a 3% drop in a day and almost 7% in the last month.  Hopefully a big upswing tomorrow.
Trump could also use an upswing before his rally in NH tomorrow, after all the talk about how the economy and market would respond to a "socialist" president.

 
Trump could also use an upswing before his rally in NH tomorrow, after all the talk about how the economy and market would respond to a "socialist" president.
Do you think the market tomorrow will affect whether he will or will not talk about being great for the economy and making crap up?

 
Conversation

Donald J. Trump

@realDonaldTrump

I know President Xi of China very well. He is a great leader who very much has the respect of his people. He is also a good man in a “tough business.” I have ZERO doubt that if President Xi wants to quickly and humanely solve the Hong Kong problem, he can do it. Personal meeting?

5:59 PM · Aug 14, 2019·Twitter




Donald J. Trump

@realDonaldTrump

Good things were stated on the call with China the other day. They are eating the Tariffs with the devaluation of their currency and “pouring” money into their system. The American consumer is fine with or without the September date, but much good will come from the short deferral to December. It actually helps China more than us, but will be reciprocated. Millions of jobs are being lost in China to other non-Tariffed countries. Thousands of companies are leaving. Of course China wants to make a deal. Let them work humanely with Hong Kong first

5:32 PM · Aug 14, 2019·Twitter
Pathetic :lmao:

 
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China wants to make a deal so bad...and he still cant get one done.
No they don't. As Henry and I posted at least 12 months ago, they are content to let Trump and the US suffer.  Are they getting dinged right now? Sure but they aren't a democratic republic. They really don't need to worry about it short term

 
No they don't. As Henry and I posted at least 12 months ago, they are content to let Trump and the US suffer.  Are they getting dinged right now? Sure but they aren't a democratic republic. They really don't need to worry about it short term
Oh i know they don't.  Im laughing at the man who claims they want to deal so much.  He doesn't realize that makes him look like he can't get it done with someone who wants a deal bad

 
His love of dictators and authoritarian leaders while showing disrespect for leaders of democracies might be the thing I hate about him the most.

 
His love of dictators and authoritarian leaders while showing disrespect for leaders of democracies might be the thing I hate about him the most.
Its not just the disrespect for other democracies, he shows disrespect for our own democracy. It used to be that politics stopped at our shores. When travelling abroad, he represents America, not his base or the Republican party. His criticism of political opponents and even his own IC is just flat out UNAmerican.

But the so-called "patriots" in his base just eat it up cuz "suck it libs!!!" is all that matters.

 
His love of dictators and authoritarian leaders while showing disrespect for leaders of democracies might be the thing I hate about him the most.
I see no need to play favorites. It's like if you have lots of kids (where you can love them all somewhat equally in their own way), except in reverse.

 
Is what it is.  My opinion is that political discussions are fun and thought provoking.  I've never been much of a political person until 2018, and while a true independent, I probably leaned Republican in my voting record.  I'm grateful that Trump brought me to my political Jesus.  You and I should be able to disagree but still have a beer together.  That's my take but I don't believe it goes both ways.  You guys bragging about how flush with cash you are from Trumps market yet not willing to donate to a FBG's charity for Kids with Cancer really struck me as Trump over everything.  Right or wrong, I feel like I've always been generous with my market thoughts, but this made me realize that generosity here isn't a 2 way street.  And I realized it's not worth my effort to provide  thoughts on the market anymore.  Like I said- it is what it is.  I'm relieved personally.
Not really interested in getting involved in this particular debate, but as a FBG with a charity for Kids with Cancer, I just want to clarify that I have no idea to what this statement refers. Tons of people here have been extremely generous with their support of our foundation and I would never begrudge anyone who chose to support other causes or use their resources differently. Just in case this statement had anything to do with me.  Thanks. 

 
Not really interested in getting involved in this particular debate, but as a FBG with a charity for Kids with Cancer, I just want to clarify that I have no idea to what this statement refers. Tons of people here have been extremely generous with their support of our foundation and I would never begrudge anyone who chose to support other causes or use their resources differently. Just in case this statement had anything to do with me.  Thanks. 
It's my "fault".  I honestly can't even remember the exact circumstance but I was debating with Trump supporters a particular down move in the market because of Trump’s policies.  I posted I was willing to bet $25 with up to 4 posters on what would happen. Losers would donate to your charity. There were no takers. 

 
It's my "fault".  I honestly can't even remember the exact circumstance but I was debating with Trump supporters a particular down move in the market because of Trump’s policies.  I posted I was willing to bet $25 with up to 4 posters on what would happen. Losers would donate to your charity. There were no takers. 
Oh, that explains it. Because that comment seemed wildly out-of-place and a little breathtaking, actually. It still kind of is. 

 
siffoin said:
You guys bragging about how flush with cash you are from Trumps market yet not willing to donate to a FBG's charity for Kids with Cancer really struck me as Trump over everything. 
Keep in mind GB that some of us donate to other causes.  I did not donate to this.  However, charity is literally my second biggest expense line behind my mortgage.  My family gives a ton.  To put this in political terms - a #### load more than most D nominees.  (Looks at Biden).

On the economy, retail sales up, productivity well up.  Very strong indicators.

 
We are not at the local (August/Sept) bottom yet.  I'm watching the VIX, and the S&P 2750 level.  If we break meaningfully below 2750 (which would not surprise me, but I doubt  happens), then I'd think a subsequent spike in VIX above 25 or 30 would be a buy signal for the short term traders out there.  Personally, I'm investing every 2 weeks like usual, so it really doesn't matter too much.

Yes, yield inversions point to a stagnant world economy, but low yields will also steer investors into the S&P.  I'm guessing that from the 10,000 foot view the S&P will end up around 3500 three years from now (modest growth), on the other side of a mild global recession, a transition from R to D presidency, Brexit in some form, and a few countries defaulting during the tough times.  Will probably be quite a ride.

I'd be interested to see if/when Siffoin declares that the overall equities trend has gone negative.

 
Keep in mind GB that some of us donate to other causes.  I did not donate to this.  However, charity is literally my second biggest expense line behind my mortgage.  My family gives a ton.  To put this in political terms - a #### load more than most D nominees.  (Looks at Biden).

On the economy, retail sales up, productivity well up.  Very strong indicators.
Exactly, many good causes out there and when posters come across as un-excellent and arrogant in their posting it doesn’t encourage others to respond in a positive way. If I really want people to donate to a cause acting Un-excellent probably isn’t my best play. 

Great to see you donate the way you do, very generous.  :thumbup:

 
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Exactly, many good causes out there and when posters come across as un-excellent and arrogant in their posting it doesn’t encourage others to respond in a positive way. If I really want people to donate to a cause acting like a jerk probably isn’t my best play. 

Great to see you donate the way you do, very generous.  :thumbup:
Yeah, regardless of political affiliation this board donates more to true charities than probably any other group of people I know.  It's probably why I spend time here - it's good to know that even those you vehemently disagree with in a large group are generally good people.

 
Exactly, many good causes out there and when posters come across as un-excellent and arrogant in their posting it doesn’t encourage others to respond in a positive way. If I really want people to donate to a cause acting like a jerk probably isn’t my best play. 

Great to see you donate the way you do, very generous.  :thumbup:
Yeah, regardless of political affiliation this board donates more to true charities than probably any other group of people I know.  It's probably why I spend time here - it's good to know that even those you vehemently disagree with in a large group are generally good people
Who is the jerk here? Me, Siff or both?  

 
Can't really believe a word out of ANYONE in this administration. This morning a spokesperson claimed Trump did not request Israel to refuse entry to Omar and Tlaib. Literally hours later  he tweeted they should refuse them.

https://www.nytimes.com/2019/08/15/world/middleeast/trump-israel-omar-tlaib.html
Yeah, this is patently absurd. But I actually knew when he said Mexico was going to pay for the wall that nothing he said following that would be truthful. 

 

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