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Stock Market under Trump (1 Viewer)

Sheriff Bart said:
Great observation. If this deal was so awesome they would have waited until Monday morning to announce it. 
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Really Clark

Why wait this deal affects millions of jobs on both sides of the boarder, great news for our farmers who are being killed by China and bad weather, who need every market they can get for their products.

this is an awesome deal for America, I don’t get the Debbie Downer spin

 
Gopher State said:
Really Clark

Why wait this deal affects millions of jobs on both sides of the boarder, great news for our farmers who are being killed by China and bad weather, who need every market they can get for their products.

this is an awesome deal for America, I don’t get the Debbie Downer spin
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Farmers are hurt by Trumps policies with China...yeah, its a great deal that he isn't also going to hurt them from Mexico.  Thanks Trump for saving the farmers...from your own tariffs. 

What about the deal is awesome?  It very much appears to be window dressing.

 
Sand said:
And, yet, to my memory, the last 3-4 recessions were preceded by a rate cut.  I don't know why folks are cheering.  Historically it's like cheering the Hindenburg launch..
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Thank you.  That’s where I’ve been coming from. Going back to rate cuts is not a celebratory situation for the economy. 

 
shader said:
I bet you hope it does!  Reminds me of all the conservatives that spent every year of Obama’s term hoping for a repeat of the crash.
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I wouldn’t say I hope that. It scares me but I need to be on the right side of the trade if (when) it happens. 

 
NREC34 said:
It’ll happen someday. It was looking shaky and Trump tweeted more BS which fooled the algos. Oil looks really weak and it’s like copper I think, it foreshadows recession. 
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It’s going to be a day when an actual thing happens.  You never know when that will happen in this administration, but I didn’t see much today that shocked me. 

 
GoBirds said:
He's been wrong more times than anyone could count but one day when there is a recession he will be the first one in to say I told you so.

Longest bull run in history........yes there one day will be a pullback.  :lmao:
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The market is already in the process of rolling over. Sorry that you’re blind to it. 

 
NREC34 said:
It’ll happen someday. It was looking shaky and Trump tweeted more BS which fooled the algos. Oil looks really weak and it’s like copper I think, it foreshadows recession. 
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Come clean - you're Paul Krugman, right?

 
Futures rebound after tanker blow up in the Gulf of Oman. Crazy times we are living in. Maybe we can hit all time highs if we get WW3....

 
NREC34 said:
Futures rebound after tanker blow up in the Gulf of Oman. Crazy times we are living in. Maybe we can hit all time highs if we get WW3....
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Darn, maybe next time!

Since you mention down futures again we are probably looking at a good day ahead thanks!

 
NREC34 said:
Futures rebound after tanker blow up in the Gulf of Oman. Crazy times we are living in. Maybe we can hit all time highs if we get WW3....
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Seeing how we are only 3% off of the all time highs it would be surprising if we don't surpass that this year.  You have a very strange definition of the market rolling over.   :lol:

 
A factor in the stock market rise is the retired and soon to retire baby boomers. Those who have retired are still heavily invested in the market and those approaching retirement are still aggressively investing. But in 10+ years, baby boomers may be taking out more than they're putting in. 

 
Sand said:
Meh - this isn't any different than Krugman saying that the markets would never go up, ever, if DJT was elected.  just your typical fear mongering that every politician participates in
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Remind me again when a current president said anything even close to this?

Holy crap people will apologize for Trump for every freaking stupid thing he says.  Which is to say they have to apologize all the freaking time. 

 
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Sand said:
Meh - this isn't any different than Krugman saying that the markets would never go up, ever, if DJT was elected.  just your typical fear mongering that every politician participates in
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Didn't he pretty much immediately apologize for the comment and pull it back?

 
Sand said:
Meh - this isn't any different than Krugman saying that the markets would never go up, ever, if DJT was elected.  just your typical fear mongering that every politician participates in
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Sure, no difference, yup yup

 
Sand said:
Meh - this isn't any different than Krugman saying that the markets would never go up, ever, if DJT was elected.  just your typical fear mongering that every politician participates in
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I must have missed President Krugman. 

 
James Daulton said:
Remind me again when a current president said anything even close to this?

Holy crap people will apologize for Trump for every freaking stupid thing he says.  Which is to say they have to apologize all the freaking time. 
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Most of the Trump supporters that I know do not apologize for what he says,   they just don't care.

 
For the Lord knows how many times Trump tweets out that he has a good conversation with Xi and people start buying with both hands.  It's amazing.

 
I am retirement age, my financial planner has given me a number that I need to retire. if the market goes up .20 tomorrow I done, money market time.  Florida here I come!

 
No change in fed fund rates. 

Countdown to the Trump temper tantrum..... 

Nine of 10 members of the rate-setting committee voted to maintain the federal-funds rate in a range between 2.25% and 2.5%. St. Louis Fed President James Bullard dissented in favor of lowering rates, the first dissent since Fed Chairman Jerome Powell took over as chairman of the central bank in February 2018.

Interest-rate projections released Wednesday showed eight of 17 officials project the Fed will need to cut the benchmark rate this year, with seven of those officials seeing two quarter-point reductions. Only one official projected the Fed would need to raise interest rates this year, with the remaining eight seeing that rates would stay unchanged.
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Under the other, escalating trade tensions and weak global growth leads to a sharper slowdown for the U.S. economy, warranting interest-rate reductions by the Fed.
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aka Trump's trade war

WSJ

 
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Gopher State said:
I am retirement age, my financial planner has given me a number that I need to retire. if the market goes up .20 tomorrow I done, money market time.  Florida here I come!
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You're going to put all of your retirement funds in money market accounts?  How much longer do you plan on living?

 
Stephen Moore on CNBC just said that he disagreed with another economist on a panel that annual GDP growth has been 2.2%.  Yes, this person added (didn't catch his name) there was one quarter over 3%.  Moore stated it has been over 3% and even close to 4% annually.  Sarah Eisen asked Stephen why then we would need a rate cut. Moore replied "because we want growth of 3%, not 2%".  :wall: :lmao:

Also sounds like Moore is pushing to have Powell dismissed.  You know, because this isn't normal times and everyone is to serve King Trump faithfully or off with your head.

 
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Sheriff Bart said:
Stephen Moore on CNBC just said that he disagreed with another economist on a panel that annual GDP growth has been 2.2%.  Yes, this person added (didn't catch his name) there was one quarter over 3%.  Moore stated it has been over 3% and even close to 4% annually.  Sarah Eisen asked Stephen why then we would need a rate cut. Moore replied "because we want growth of 3%, not 2%".  :wall: :lmao:

Also sounds like Moore is pushing to have Powell dismissed.  You know, because this isn't normal times and everyone is to serve King Trump faithfully or off with your head.
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Moore's been struggling ever since Trump took over.  He had some valid criticisms of Obama and his admin, but he's completely lost it the last 3ish years.

 
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