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Posted on 3/22/18 at 4:04 pm to WXman
#MoneyBoard
#frickChina
#frickChina
Posted on 3/22/18 at 4:07 pm to WXman
There haven't been any significant retaliatory measures taken by either the EU or China in response to Trump's sabre rattling yet, nor have we seen an immediate impact on domestic price increases or layoffs. You simply cannot measure the value of trade policy in the moment - not in a month, or a year, certainly not a day.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Posted on 3/22/18 at 4:07 pm to WXman
quote:
Registered on: 3/13/2018
Hey a want
Posted on 3/22/18 at 4:09 pm to The Pirate King
Did he get banned AGAIN?
Posted on 3/22/18 at 4:35 pm to Muthsera
quote:
There haven't been any significant retaliatory measures taken by either the EU or China in response to Trump's sabre rattling yet, nor have we seen an immediate impact on domestic price increases or layoffs. You simply cannot measure the value of trade policy in the moment - not in a month, or a year, certainly not a day.
That's why I keep saying that now, we get to run the real @real experiment, where he goes contrary to practically everyone to try to restore things to how he remembers it from 60+ years ago, stop all these countries from laughing at us, and all the other crap he talks to rile up the comrades. Keep in mind, this great economic mind bankrupted multiple casinos and underperformed index funds for 30+ years.
quote:
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
You're ignoring the fact that the Norks have achieved a new position of strength in the escalation of nuclear capability, so of course they're going to try to negotiate from this natural (temporary) stopping point. FFS, they mocked @real for all of 2017 by flying multiple ICBMs over Japan and exploding a thermonuclear bomb, and surprise, surprise, they used the occasion of the 2018 Olympics down south to extend an olive branch. It's laughable to think the name calling and nasty tweeting broke them.
Posted on 3/22/18 at 4:43 pm to WXman
Maybe it was the shitastic budget agreement
Posted on 3/22/18 at 4:47 pm to WXman
Trump fans praise him for what he's done for the economy, yet if we look at the stock market and compare him and Obama at the same point during their Presidency:
On Obama's Inauguration day, the stock market was at 7949. On March 22nd, 2011, the stock market closed at 10888. The stock market made gains of roughly 36% for this timeframe.
On Trump's Inauguration day, the stock market was at 19827. Today, it closed at 23957. That shows an increase of 21%.
Pretty good, but not nearly on Obama's level. Hopefully, he can stem the tide, as the Dow is now flat for the last 3 months.
On Obama's Inauguration day, the stock market was at 7949. On March 22nd, 2011, the stock market closed at 10888. The stock market made gains of roughly 36% for this timeframe.
On Trump's Inauguration day, the stock market was at 19827. Today, it closed at 23957. That shows an increase of 21%.
Pretty good, but not nearly on Obama's level. Hopefully, he can stem the tide, as the Dow is now flat for the last 3 months.
Posted on 3/22/18 at 4:54 pm to gthog61
GT,
Why do you think the stock market made better gains during Obama's first 14 months in office compared to Trump?
Why do you think the stock market made better gains during Obama's first 14 months in office compared to Trump?
Posted on 3/22/18 at 5:02 pm to WXman
Listen, I am pro-business and free trade. The salvo to start a trade war with China tariffs is something that I expect Bernie Sanders to do -- not a Republican President that is demolishing a traditionally republican position. The Dow down 724 gives a good indication what business, finance, and 401K's think of this move. Thanks Bernie -- errhhh Trump.
Posted on 3/22/18 at 5:03 pm to Dignan
quote:
Why do you think the stock market made better gains during Obama's first 14 months in office compared to Trump?
They didn't. They were both about 29 percent. Your quote is playing with opening and closing numbers on both days. 2500 increase under Obama. 5k increase under trump in the first 14 months.
Try again.
This post was edited on 3/22/18 at 5:06 pm
Posted on 3/22/18 at 5:08 pm to Dignan
Dignan, don’t play stupid
You know damn well why the % increase is higher for O
A stock market at the trough will bounce back quicker because there is more slack
Interest rates were at record lows in 2010 and 11
You know damn well why the % increase is higher for O
A stock market at the trough will bounce back quicker because there is more slack
Interest rates were at record lows in 2010 and 11
Posted on 3/22/18 at 5:10 pm to WXman
Buy
Posted on 3/22/18 at 5:10 pm to WXman
Talk about the S&P and use percentages if you want a real discussion on economics and fiscal policy. The Dow is literally hand-picked and isn’t weighted.
Posted on 3/22/18 at 5:30 pm to BBONDS25
quote:
They didn't. They were both about 29 percent. Your quote is playing with opening and closing numbers on both days. 2500 increase under Obama. 5k increase under trump in the first 14 months. Try again.
No. Look up the dates of where the stock market was on Inauguration Day for both Presidents. Then look at where the stock market closed TODAY and 8 YEARS AGO.
The difference is what I posted.
Unreal. Trump supporters even call the stock market fake news.
Posted on 3/22/18 at 5:32 pm to BBONDS25
quote:
5k increase under trump in the first 14 months.
The stock market closed at 19827 on inauguration day. It closed today at 23957 today. That does not equate to 5K.
Posted on 3/22/18 at 5:32 pm to Dignan
I did. Why didn't they use the opening or closing for all of the days? The difference is literally changed day by day over that time period. It's about 29 percent. Your gotcha is BS. Let me ask you, which is more....2500 or 5000?
Posted on 3/22/18 at 5:34 pm to Dignan
what was the dow on the 20th. You know...14 months after inauguration? Are you really too slow to understand this stuff? Or are you saying the last three days prove Obama's growth is better than Trump? Is 5000 more than 2500?
This post was edited on 3/22/18 at 5:36 pm
Posted on 3/22/18 at 5:38 pm to BBONDS25
quote:
I did. Why didn't they use the opening or closing for all of the days?
Where is the stock market at right now? You're cherry picking the high, but it's not where the stock market currently is.
quote:
The difference is literally changed day by day over that time period. It's about 29 percent.
No, it's not. It's a 21% increase since Inaguration Day.
quote:
Let me ask you, which is more....2500 or 5000?
Noob, rephrase the question, with the accurate numbers. What's better 2939 for an increase of 36% or 4130 for an increase of 21%
Again, these are the REAL numbers of where we are currently. This isn't opinion, it's pure data.
Posted on 3/22/18 at 5:42 pm to Dignan
You said 14 months. I'm not cherry picking. I'm using your dates. You cherry picked and added 3 days. The fact we are arguing over 3 days should show you just how flimsy your argument is. You are pretty disingenuous, though, so I'm not surprised.
This post was edited on 3/22/18 at 5:42 pm
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