re: Trump blaming FED for economic slowdown is disingenuous

When CAT and MMM have large decreases in sales it is not indicative of a continued strong growth of the economy.

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You are on here whining about me calling BS on Trump for pounding on the FED chief he appointed over a 1/4 of 1 percent interest rate hike and you think a friggin 25% tariff on steel imports and a coming 25% tariff on virtually all imports from China is a small deal. 

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You really think just one .25 rate increase is all that Trump is referring to?

No.... it's all the rate increases post Obama AND the Fed's future dot plot.

You're being dense again... like always.


ETA and I'm not even arguing against the fact that the Fed should be raising rates.

The sad point is that they could only raise it once while Obama was in office because his economic policies were horrid.

So now it gives the appearance that Obama did wonders for the economy while Trump did less... even though Trump's economy is still far stronger than Obama's even during rising rates.

C'mon IB you know this stuff... you let your bias get the best of you.

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Oh gawd, I said I wouldn't come in here but this is such an asinine statement I can't let it go.

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No it is not. Companies are trimming their earning forecast and none I know of have trimmed them because of interest rates.

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People chasing returns - lower interest rates mean lower returns in interest driven

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Of course and that has nothing to do with any individual company's earnings. It may have something to do with the valuation of stocks in general but not earnings.

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Stock Buy-Backs

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Nothing to do with earnings either. It might impact earnings per share but will not impact the income statement except to the extent they change their capital structure and incur higher interest cost on debt they might use to make the buy back---ie use debt to do the buy back instead of company cash. It will not impact EBITDA earnings at all.

Again you are badly mistaken about a 1/4 of 1% interest rate increase impact on the economy.

IBCryinOverSomethingElse

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The fact of the matter is the fed SHOULD have raised rates in 2007 early 2008 because the economy supported that,

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U are going to have to explain that one to me.

LMAO!


I love watching you run. You have managed to run from a lot of people. Now new people are calling your BS and you will start running from them too once you can no longer answer questions because you are wrong.

Rates are still very low.

You are a hard headed imbecile incapable of critical thought if you think this last interest rate hike or even the commutative impact of the hikes the last three years has more impact on earnings forecast today than Trump's tariffs.

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You are a hard headed imbecile incapable of critical thought if you think this last interest rate hike or even the commutative impact of the hikes the last three years has more impact on earnings forecast today than Trump's tariffs.

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How many recessions have Fed rate increases caused vs tariffs?

Bahahha

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Well tariffs were a very big contributor to the Great Depression. 

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It's fun watching you crawfish.

You are my favorite poster to argue against because you always reply... which just keeps you digging further and further down.

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Well tariffs were a very big contributor to the Great Depression.

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NOPE!


The Great depression start well before it started. The stock market crash that had begun in the last week of October 1929, some eight months before Hoover signed the Smoot-Hawley tariff.


We had OVER PRODUCTION in all of the 20s. During World War I a number of countries, including the U.S., had greatly expanded agricultural production; as Europe recovered from the war and its agriculture production reached earlier levels, production worldwide exceeded consumption and prices fell around the world. Farmers had gone into debt during the boom times, investing in new equipment and land, and were hard hit when prices fell. That had ZERO to do with the Tariffs.

There was overproduction in the industrial sector as well. While the upper 1 percent was doing very well, those farther down the income scale were not doing as well and many were buying cars, appliances and other products on credit. Additionally, many Americans had been buying stocks on margin and when the stock market collapsed, they saw their equity plummet and they stopped buying goods and services; in the first half of 1930, consumers cut their expenditures by ten percent. Companies were afraid to invest in new capacity or products, and they too stopped spending. That had ZERO to do with tariffs.

Your Boy Milton... he blamed...… wait for it... the FEDS! Between 1929 and 1933, the money supply contracted by one-third, and as a result many companies couldn’t get loans. The problem was exacerbated by the failure of policy makers to prevent bank failures. Milton Friedman blamed the Federal Reserve. THIS IS WHERE YOU MAY WANT TO START LEARNING!


You see IB, the depression had already started. Why not look into the whole picture of then and now.


The more you know...……..