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Will trump wreck the economy?

Posted on 6/19/18 at 2:32 am
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/19/18 at 2:32 am
Dow futures down about 500 right now. Dow is down 5 days in a row almost entirely due to trump and his tarrifs.

Looking at a 400-500 point drop to open today as well.
Posted by MorgusTheMagnificent
Louisiana
Member since Dec 2014
1887 posts
Posted on 6/19/18 at 5:24 am to
No /thread
Posted by southernelite
Dallas
Member since Sep 2009
53274 posts
Posted on 6/19/18 at 6:19 am to
Trade wars intensify - market down
Trade wars ease -market up


Like clockwork.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 6/19/18 at 7:25 am to
Stock market is NOT the economy.

Posted by Weagle25
THE Football State.
Member since Oct 2011
46953 posts
Posted on 6/19/18 at 8:23 am to
Reactionary much?
Posted by SurfOrYak
BR/MsDelta
Member since Jul 2015
410 posts
Posted on 6/19/18 at 8:35 am to
The Trump tax-cut legislation has led to record level of companies buying back shares, which has stoked the stock market.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
77586 posts
Posted on 6/19/18 at 8:46 am to
good GOD you are one stupid libtard and always have been. GTFO.

Posted by baldona
Florida
Member since Feb 2016
21224 posts
Posted on 6/19/18 at 10:16 am to
Whether someone agrees or not to his method, Trumps plan is America First. That means making changes in the near term for long term improvements. The stock market is making adjustments for those near term changes, with the idea of better long term growth.

I don't know how it will work out long term, but I think it's laughable to think long term he is trying to hurt the economy.

I've talked to multiple large business owners and C-suite execs and it's almost unanimous that the regulations under Obama were absolutely killing business growth and that Trump has done almost nothing but improve the opportunity for long term growth.

That's not being political, it's pure economics. The politics are in the fact that liberals would prefer more regulations of certain industries no matter the economic impact.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12633 posts
Posted on 6/19/18 at 11:21 am to
I am a seller of premium this summer vs last summer where I was a buyer or premium.. working well so far.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
122636 posts
Posted on 6/19/18 at 1:05 pm to
MAGA is fixing all of our problems. The economy is soaring.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/20/18 at 7:47 am to
quote:

Chinese investment in the United States has plummeted 92% this year

By Julia Horowitz June 20, 2018: 12:02 AM ET

Chinese investment in the United States nosedived in the first five months of 2018 amid mounting tensions between the world's two largest economies.
For years, Chinese companies pumped growing amounts of money into the United States, deepening ties between the countries.
But Chinese investment totaled only $1.8 billion between January and May. That's a 92% drop compared to the same period in 2017, and the lowest level in seven years, according to a report released Wednesday by Rhodium Group, a research firm that tracks Chinese foreign investment.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
78493 posts
Posted on 6/21/18 at 2:00 pm to
quote:

Tiger n Miami AU83


Such a severe case of TDS you have
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/27/18 at 3:54 am to
And the market continues to fall since trump started the trade war crap. Down about 1300 points and counting.

Are we heading for a recession despite what has been a strong economy? Not to mention the assload of additional debt we are incurring at a record pace.

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