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Started By
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re: Some lib loser on CNN just said the stock market is down 200 points today because of Trump
Posted on 8/17/17 at 9:12 pm to AnonymousTiger
Posted on 8/17/17 at 9:12 pm to AnonymousTiger
quote:This is one of the few areas I'm completely on board with Trump (along with getting rid of costly and unnecessary regulations).
But I expect to more than make that up when Trump gets his tax reforms through.
But do you honestly believe tax reform is going to get through? Even basic tax cuts seems less and less likely.
1
Posted on 8/17/17 at 9:12 pm to buckeye_vol
quote:
It's likely that he has helped it
It's likely Hillary helped it too, by getting flushed the fuk out
Posted on 8/17/17 at 9:12 pm to AnonymousTiger
So it set you back all the way to July 27th... it fell more between Aug 7th and 10th.. must have missed the trump blame article then
Posted on 8/17/17 at 9:13 pm to Bass Tiger
quote:
You don't have the intelligence of Spock's Eyebrow. The market knows there is $3.5 trillion in student loan debt/new car loans, single resident building permits are down across most of the country, multi unit real estate has reached saturation and is now heading towards too much inventory, there has not been a recession in 10 yrs, the investment/financial people know it's (recession) coming, it always does.
Goddamn, did all that shite happen today?
Posted on 8/17/17 at 9:15 pm to Bass Tiger
quote:I really have no idea how you managed to insult the poster, while you addressed nothing related to his post about today's events specifically. Not to mention, whole a recession may be coming, you're stuff about the investors knowing it, isn't reflected in the data that is being discussed.
You don't have the intelligence of Spock's Eyebrow. The market knows there is $3.5 trillion in student loan debt/new car loans, single resident building permits are down across most of the country, multi unit real estate has reached saturation and is now heading towards too much inventory, there has not been a recession in 10 yrs, the investment/financial people know it's (recession) coming, it always does.
Posted on 8/17/17 at 9:18 pm to Spock's Eyebrow
quote:
Goddamn, did all that shite happen today?
It's building you fool, the folks that work in the business know it's coming, they will not be holding the bag when the markets correct/collapse. Everybody wants to exit on top of the wave and get back in near bottom of the trough..., you know how it works, don't you?
Posted on 8/17/17 at 9:21 pm to buckeye_vol
quote:
I really have no idea how you managed to insult the poster
It would not be possible for me to be insulted by anyone on this board. Posts like his are my playthings, but I do get bored quickly. Posted on 8/17/17 at 9:30 pm to Bass Tiger
quote:So if the market rebounds and continues on its upward trend tomorrow and/or the coming weeks, can we revisit this post?
It's building you fool, the folks that work in the business know it's coming, they will not be holding the bag when the markets correct/collapse. Everybody wants to exit on top of the wave and get back in near bottom of the trough..., you know how it works, don't you?
Posted on 8/17/17 at 9:35 pm to buckeye_vol
Did the same idiot give him credit for the last 4,000? Hmmmm
Posted on 8/17/17 at 9:45 pm to buckeye_vol
quote:
So if the market rebounds and continues on its upward trend tomorrow and/or the coming weeks, can we revisit this post?
Who said it was collapsing tomorrow, next week, next month? I'm telling you the people running the algorithms are not going to be the ones taking the bath when the markets correct/collapse. I'm also saying most of the terrorism acts and other things that would normally move the market several percentage points don't seem to matter in this "new normal". It would take a 9/11 terrorist event to move the market down 10-20%.
A car driving into a crowd aint gonna do it and neither is the dissolution of a Business Advisory Council.
However there is a shitload of debt being racked up that will probably not get paid back again! College loans and car loans, guess who has a lot of the car loans....., think about it! Here's a hint, they can't qualify for a mortgage but they can get a new car loan.
Posted on 8/17/17 at 9:49 pm to Catman88
quote:
So it set you back all the way to July 27th... it fell more between Aug 7th and 10th.. must have missed the trump blame article then
Yes, today did set me back. Where did I ever blame trump, dipshit? I give him credit for my increases and also give him credit for my future increases.
This post was edited on 8/17/17 at 9:52 pm
Posted on 8/17/17 at 9:50 pm to buckeye_vol
As long as Koch stays on, I fully expect to see tax reform go through.
Posted on 8/17/17 at 9:52 pm to Bass Tiger
quote:Then why are you insulting a poster's intelligence for describing the reasons why the stock market dropped today, and then arguing that today was just the building of the upcoming crash? If the markets recover, then that doesn't make any sense in the discussion of TODAY'S drop.
Who said it was collapsing tomorrow, next week, next month?
Posted on 8/17/17 at 9:55 pm to Jtigers99
25x gains on BTC.
Posted on 8/17/17 at 9:57 pm to Jtigers99
Well, in all fairness, His Excellency would came it if it was 200 pts up.
Posted on 8/17/17 at 9:59 pm to KeyserSoze999
The market isn't up because of Trump......
Posted on 8/17/17 at 11:02 pm to buckeye_vol
quote:
Then why are you insulting a poster's intelligence for describing the reasons why the stock market dropped today, and then arguing that today was just the building of the upcoming crash? If the markets recover, then that doesn't make any sense in the discussion of TODAY'S drop.
Let's play the flip game, you think Trump caused the market to drop 200 points today? Do you think Trump has been the impetus for the Dow being up over 2000 pts since taking office? Once you answer I'll know how you think. If the market recovers? it was down a approximately 1% not really much to recover.
And I'm giving a troll his medicine, you can call it an insult but I call it giving a troll what he was trolling for.
Posted on 8/17/17 at 11:21 pm to Bass Tiger
quote:
And I'm giving a troll his medicine, you can call it an insult but I call it giving a troll what he was trolling for.
Projection, much?
Posted on 8/17/17 at 11:31 pm to Spock's Eyebrow
Since March 6, 2009 the DJIA is up over 15,000 points. This has been a very long bull market.
Posted on 8/17/17 at 11:37 pm to Boudreaux in SF
thanks obama
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