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Stock Market under Trump (3 Viewers)

The Commish said:
If you are one of the people I described, then yeah, I'm talking about you.  If you aren't lumping the crackpots in with the measured analysis, then I'm not talking about you.  I don't really know your position :shrug:   That's why I didn't quote you specifically.  The blog post you linked uses the word "crash" exactly once and that was in the clickbait title.  Nowhere in that post does he predict a crash.  Sure, his prediction on what Barron's would say was wrong.  The post deals mainly with the reasons why he doesn't believe people should be buying the hype and goes into the reasons he doesn't think people should be as optimistic as they were at the time.  Remember, the sky was the limit and there was no stopping the market depending on how you asked.  That WAS absurd...I believe you'd agree with that.  But this particular post has no predictions that the market was going to crash....it's a crapily titled blog post, but a more appropriate title wouldn't have been as clickbaity....this seems obvious :oldunsure:  
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:lmao:  Oh come'on.  That's my whole point.

 
@siffoin I love your posts like this, need to find some time to absorb it all running hard today. No doubt experts like you can find a better return than guys like me in other fields with little time to invest. While in hindsight I wish I was all in Vanguard 500 I’m also so grateful I wasn’t afraid and went all in 2010 in stocks vs being cash afraid the world would end. I just opened my first Vanguard account 2 years ago and while I know it’s not too Return for my risk tolerance and low expense I’m a convert. Def interesting to study your info and open to new ideas, thanks for putting it together.  :hifive:

 
Sand said:
No need to be snarky.  I truly know little about how controlled drugs are imported.  It was a practical question, not a constitutional jab.

Take off your Falcons helmet and be cool, K?
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Lol ok thanks for the check. I mean of course we want to fix anything bad. The President of the USA randomly ordering private companies to interfere in commerce at his instruction is sheer nutzo. It’s like when the Saints hired an astronaut as their GM. That didn’t work out too well, just to tie this together.

 
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So Trump to the economy, is like a rain forest fire to climate change?

siffoin said:
  Trump is not the sole blame. However, what I do see is that in many areas we have defined as potential black swan events, Trump’s “leadership”, I believe, is accelerating their probability both in terms of time and likelihood of occurring. I’m not a gradualist - rather lean towards punctuated equilibrium and believe we are very close to a time of very rapid change for humanity.  In our lifetimes! You should be maximizing the opportunity - preparing for a storm and if it never arrives - what have you lost? We frequent a sports oriented message board. I think all of us should be well-versed in what we’d want in a successful organization. Key to successful performance should include a focus on fundamentals, technicals, and preparing for all scenarios. We all have a fiduciary responsibility to manage our investments.  We are, in effect, the coach of our financial decisions. “Lazy” should not be part of the mission strategy. I’m pretty confident you will ignore what I’ve written here. And that’s ok by me. But perhaps someone will find it useful and apply many lessons I’ve learned the hard way.  Good luck because the time is coming you're going to need it, and that time might be sooner than you believe.
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Thanks for taking the time to share your thoughts. Always appreciated.

 
adonis said:
The man has no idea how to run a country.  He doesn't know how to handle foreign policy.  Foreign trade.  Diplomacy.  He doesn't understand basic economics.  He doesn't listen to experts.  He doesn't read.  He's thin skinned and reactionary.  He sucks up to dictators and insults our friends. 

And here he is today, ####### with our economy via tweet because he wants to look strong.  

This is an insecure, little man, posturing on a world stage, using our economy as a bargaining chip in a game he sucks at.
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It's amazing to me the sheer number of Americans who refuse to take off their blinders and see this wretched individual for who he truly is. Simply amazing. I've given up trying to understand why. I prolly know the answer anyway.

 
Sand said:
No need to be snarky.  I truly know little about how controlled drugs are imported.  It was a practical question, not a constitutional jab.

Take off your Falcons helmet and be cool, K?
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Yes fentanyl is a controlled substance.  No you can't legally just order it from China.  

 
Sand said:
I didn't know that it was legal at all.  It is certainly causing a lot of damage out there.  Does it have to come in with an import license?  It should be controlled in some way.
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It is.  It's a controlled substance, like any opiate.

 
I'm not a market person and I find the whole daily tracking of the Dow's ups and downs as a reflection on a politician's performance to be a bit silly. That said, it's amazing that this tweet from a journalist, which was actually about the Access Hollywood tape, was more insightful and predictive than the collective wisdom of Wall Street:
 

Tom Scocca @tomscocca

Nothing about Trump has ever looked kinda bad at first but turned out OK. He's always worse than you thought.
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Sand said:
I didn't know that it was legal at all.  It is certainly causing a lot of damage out there.  Does it have to come in with an import license?  It should be controlled in some way.
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It’s legal but rarely used. It’s pretty much reserved for chronic pain typically cancer. In most cases it is patches but recently lozenges and other forms are on the market but rarely used. It’s highly potent and only used with people with long history of opiate use.

With that being said, it’s highly illegal to import it without a license. Any legit supplier is likely not using the mail services.

 
SaintsInDome2006 said:
Lol ok thanks for the check. I mean of course we want to fix anything bad. The President of the USA randomly ordering private companies to interfere in commerce at his instruction is sheer nutzo. It’s like when the Saints hired an astronaut as their GM. That didn’t work out too well, just to tie this together.
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Ordering illegal drugs from other countries isn't legal commerce. It's a Customs issue for sure, but, to say our private mail carriers shouldn't be on the look out is kind of dumb.

 
tonydead said:
Ordering illegal drugs from other countries isn't legal commerce. It's a Customs issue for sure, but, to say our private mail carriers shouldn't be on the look out is kind of dumb.
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I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE, all deliveries of Fentanyl from China (or anywhere else!).
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He's not a dictator.

 
SaintsInDome2006 said:
He's not a dictator.
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You get the point tho.  It's part of USPS and Customs job already.  Pretty damn good idea if the private companies did too for anything that gets pass Customs.  I can't believe this is even an argument, literally every US citizen wants to stop the fentanyl deaths.  But, Trump!

 
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tonydead said:
You get the point tho.  It's part of USPS and Customs job already.  Pretty damn good idea if the private companies did too for anything that gets pass Customs.  I can't believe this is even an argument, literally every US citizen wants to stop the fentanyl deaths. 
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I can plainly see the difference between government agencies and private companies.

tonydead said:
But, Trump!
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This is totally up to people who support him, you do not, I can take it only because you think he is a buffoon or idiot or some such reason. The people who support him like to raise the red flag of socialism even as he issues orders like he thinks he's Lenin.

 
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KCitons said:
So Trump to the economy, is like a rain forest fire to climate change?

Thanks for taking the time to share your thoughts. Always appreciated.
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I think Trump is more like a 75 mile wide asteroid who has entered near earth orbit.  And the concern is not only impact but the devastation afterwards- long after he's gone.

 
SaintsInDome2006 said:
I can plainly see the difference between government agencies and private companies.

This is totally up to people who support him, you do not, I can take it only because you think he is a buffoon or idiot or some such reason. The people who support him like to raise the red flag of socialism even as he issues orders like he thinks he's Lenin.
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You come across as if you care more about Trump tweets than you do fentanyl deaths. 

 
Why are Trump supporters so quick to disregard his tweets?  He’s the leader of the free world and the most powerful country ever. WHAT HE SAYS MATTERS AND HAS A GLOBAL IMPACT!  This isn’t a hard concept to understand

 
tonydead said:
You come across as if you care more about Trump tweets than you do fentanyl deaths. 
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IMO our constitution and system of government, and the stability of our markets btw, are more important than Fentanyl. I'm unapologetic about that. If you want to talk about actual Fentanyl policy conducted by the US government, likely in another thread, I am more than happy to.

 
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SaintsInDome2006 said:
IMO our constitution and system of government, and the stability of our markets btw, are more important than Fentanyl. I'm unapologetic about that. If you want to talk about actual Fentanyl policy conducted by the US government, likely in another thread, I am more than happy to.
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Make sure you throw stability of the market in there because you know trump tweets don't change any of the others.  And other than very short term they don't affect the market either,.

 
You know it's time to take a break when people get more worked up about Trump tweets than they do about six figures of fentanyl deaths per year.

 
tonydead said:
Make sure you throw stability of the market in there because you know trump tweets don't change any of the others.  And other than very short term they don't affect the market either,.
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The President issuing orders outside his powers is exactly the point. The market stability in the short term is one way to look at it, constant crises of instability predicated on his whims affecting long term market health is another.

 
zoonation said:
The fact that Trump won’t release his taxes is a total tell that he is not nearly as rich as he claims to be.   
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I do not think he's as rich as he claims to be, but his net worth value is somewhat a subjective measure as it is heavily tied-in with the value of his name.  The intangible value associated with the "Trump brand", per se, would be nowhere to be found on his tax returns.  Tax returns do not tell the whole story of someone's net worth.

 
Mr. Ham said:
This tweet aged well. Glad the usual Trump groupies laughed at it. How are your 401ks doing today?
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I'm laughing because you picked one down day since your post two days ago and you think it proves your point.  I'll be happy to compare cocks with you a year from now and see if the market is anywhere near your prediction of 17,000.  

To specifically answer your question though I'd have to wait a few days to get mutual fund numbers but let's just say it's down the 2% that the Dow dropped.  So what?

 
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tonydead said:
I'm laughing because you picked one down day since your post two days ago and you think it proves your point.  I'll be happy to compare cocks with you a year from now and see if the market is anywhere near your prediction of 17,000.  

To specifically answer your question though I'd have to wait a few days to get mutual fund numbers but let's just say it's down the 2% that the Dow dropped.  So what?
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They scatter and hide on up days. It’s great. 

 
SaintsInDome2006 said:
I can plainly see the difference between government agencies and private companies.
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I'm sure there's plenty of interplay between Fedex/UPS and Customs.  But your point is taken that these shipment companies are not the enforcement arm of the govt.

jonessed said:
He probably does.
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Oh, be cool.  Saints is a level headed dude and placing motives in some sparse words on a page doesn't reflect well on you.

 
Sand said:
I'm sure there's plenty of interplay between Fedex/UPS and Customs.  But your point is taken that these shipment companies are not the enforcement arm of the govt.

Oh, be cool.  Saints is a level headed dude and placing motives in some sparse words on a page doesn't reflect well on you.
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:shrug:

I don’t have an issue with Saints. It wasn’t meant to be a pot shot. His attention over the last few years has clearly been on Trump, Russia, tweets, etc.

 
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dkp993 said:
Why are Trump supporters so quick to disregard his tweets?  He’s the leader of the free world and the most powerful country ever. WHAT HE SAYS MATTERS AND HAS A GLOBAL IMPACT!  This isn’t a hard concept to understand
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Meh...tweets are just to needle the Libs.

 
jonessed said:
I don’t have an issue with Saints. It wasn’t meant to be a pot shot. His attention over the last few years has clearly been on Trump, Russia, tweets, etc.
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Man I even deleted my prior response to you. I specifically addressed this further up and I @‘d you to specifically address opioid policy in another thread. Please feel free to respond to either of those posts.

 
jonessed said:
:shrug:

I don’t have an issue with Saints. It wasn’t meant to be a pot shot. His attention over the last few years has clearly been on Trump, Russia, tweets, etc.
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It's pretty clear to me he's more worked up about what Trump tweeted today than the increasing fentanyl deaths in America.  I'm sorry if it hurts anyone's feelings, but, that's messed up.

 
tonydead said:
You know it's time to take a break when people get more worked up about Trump tweets than they do about six figures of fentanyl deaths per year.
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Trump tweets are official statements of the President of the United States and they are affecting the markets and often rather foolish words.  One cam also be against fentanyl deaths and his ridiculous tweeting.

 
Sammy3469 said:
Meh...tweets are just to needle the Libs.
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Not sure if this is a joke or not.  I’ll answer as if it isn’t.....

This makes it worse not better and is an awful excuse.  The President should not be using his platform for petty #### like this.  A core component of his job is to be a representative of us as a people. The best of us not the worst of us.  

 
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