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re: DOW closes down 720 points after Trump's China tariffs

Posted on 3/22/18 at 7:23 pm to
Posted by Powerman
Member since Jan 2004
170464 posts
Posted on 3/22/18 at 7:23 pm to
How about we just acknowledge that there has been a massive bull run going all the way back to 2009 that has somehow endured and say that's a good thing.

I don't get the pissing match over who was president when it occurred since neither had any significant impact on the markets. At least not to the extent that the politically obsessed would have you believe.
Posted by BBONDS25
Member since Mar 2008
56233 posts
Posted on 3/22/18 at 7:24 pm to
Posted by Dignan
Member since Sep 2005
13265 posts
Posted on 3/22/18 at 7:37 pm to
Buckeye,

Rather than looking at the close of business on March 19th (which excludes a dramatic fall today), use March 22nd, since that is an accurate daily comparison, and gives a true picture of how the stock market has faired under each.

BTW, thank you for putting thought into your post.
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 3/22/18 at 8:25 pm to
quote:

DOW closes down 720
Never fear Trumpkins, soon you can go back to bragging about the god emperor's magic market boosting powers.

Ignore today's fake news like MarketWatch.
quote:

The stock market's tumble Thursday is leading to panic-like selling in NYSE stocks, according the Arms Index
Posted by Loserman
Member since Sep 2007
23044 posts
Posted on 3/22/18 at 8:28 pm to
Buying opportunity
Posted by navy
Parts Unknown, LA
Member since Sep 2010
31302 posts
Posted on 3/22/18 at 8:37 pm to
Dignan evidently is the special kind of retarded motherfricker who would rather get 10% of $10 instead of 5% of $20.
Posted by Mr. Misanthrope
Cloud 8
Member since Nov 2012
6329 posts
Posted on 3/22/18 at 9:19 pm to
I think there's method in his madness. He's blowing some steam off an overheated fragile stock market bubble. It's a blameable reason explaining drops and volitility which does not necessarily create mass panic among investors. It might also start a slow trend to raise interest rates. Better these things happen incrementally than in a panic collapse. IMO.
Posted by bayoumuscle21
St. George
Member since Jan 2012
4987 posts
Posted on 3/22/18 at 10:47 pm to
quote:

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.



Come on dude, one cannot compare the rise post recession to one that isn't. Of course the market will increase more directly following a recession. It had too!
Posted by DTRooster
Belle River, La
Member since Dec 2013
8868 posts
Posted on 3/22/18 at 10:51 pm to
quote:

Dow needs to shed about 5000-6000 points to get healthy. It's overvalued currently
yep and hogs get slaughtered.
Posted by skinny domino
sebr
Member since Feb 2007
14494 posts
Posted on 3/23/18 at 4:29 am to
quote:

Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.
relax dude, get u some Cheetos and orange drink and get ready for DOW 23,000 and then 22,000 - all of those middleclass Americans gonna love them some 401k's sinking just in time for the mid term elections. We gonna MRSA!!
Posted by Errerrerrwere
Member since Aug 2015
41526 posts
Posted on 3/23/18 at 4:59 am to
You sound like you’re happy fellow Americans are losing money?

Wow!
Posted by Lonnie Utah
Utah!
Member since Jul 2012
32069 posts
Posted on 3/23/18 at 5:44 am to
The global markets are getting slaughtered right now.
Posted by Dignan
Member since Sep 2005
13265 posts
Posted on 3/23/18 at 6:48 am to
And you're the special kind of retard that doesn't understand the impact of percentages in the stock market.

You should understand this before you make your first investment.
This post was edited on 3/23/18 at 7:26 am
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 3/23/18 at 6:57 am to
quote:

I think there's method in his madness. He's blowing some steam off an overheated fragile stock market bubble. It's a blameable reason explaining drops and volitility which does not necessarily create mass panic among investors. It might also start a slow trend to raise interest rates. Better these things happen incrementally than in a panic collapse. IMO.




Trump isn't omnipotent dude
Posted by germandawg
Member since Sep 2012
14135 posts
Posted on 3/23/18 at 7:03 am to
The truly hilarious aspect is that capitalism is infinitely better than communism yet the largest capitalist economy apparently can’t compete with the subsidies paid for by the largest communist economy..

Trump said something a few days ago about a fair trade deal with South Korea.....South Korea does not exist as an industrialized nation without US taxpayers......how is that ever going to be “fair”?

Tariffs were a bad idea back in the ‘70s when Democrats were all about them......now they are a GOP idea.

Where are the workers going to come from with 4% unemployment? Steel and aluminum and manufacturing ain’t coming back......we subsidized the world’s economy by providing stable markets through military might and in exchange we got fewer manufacturing jobs. Tariff away.....4% unemployment spells failure......

Posted by BestBanker
Member since Nov 2011
18906 posts
Posted on 3/23/18 at 7:53 am to
I thought the market reacted to Joe Biden and the chick from The View wanting to cause physical duress to a sitting president.

Is continuing down the same pathway on trade with China isn't working, it is bold and courageous to try something different. If the Tariff situation doesn't help, it certainly doesn't hurt any more than the present situation.

Trying something new.
Posted by MizzouBS
Missouri
Member since Dec 2014
6743 posts
Posted on 3/24/18 at 1:29 am to
The DOW will continue to drop. It’s not just the tariff talk, the possibility of a inflation hike, and Facebook. It is the fact the WH looks like it is in chaos. It scares foreign markets which in turn hurts the US market.

It will eventually even out, but investing now would be a mistake.
This post was edited on 3/24/18 at 1:30 am
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 3/24/18 at 8:09 am to
quote:

DOW closes down 720 points after Trump's China tariffs
Be sure to check back in next week when it's up 1,000.
Posted by HTDawg
Member since Sep 2016
6683 posts
Posted on 3/24/18 at 10:25 am to
quote:

Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.


You're definitely a Republican.
Posted by LSURussian
Member since Feb 2005
133484 posts
Posted on 3/24/18 at 10:43 am to
quote:

and Facebook.
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