OT Wall Street Dive Signals Trump Policy Failure

[Chris Craig]

https://www.yahoo.com/news/wall-street-suffers-worst-week-211832776.html

The effect of Trumps policies are beginning to show. Wall street is crashing as the economy begins it's dive.

 

[CupWizier]

https://www.yahoo.com/news/wall-street-suffers-worst-week-211832776.html

The effect of Trumps policies are beginning to show. Wall street is crashing as the economy begins it's dive.

Worst week in 10 years and being compared to the major hit we took when the big recession hit in 2008.

 

[Lanny]

https://www.yahoo.com/news/wall-street-suffers-worst-week-211832776.html

The effect of Trumps policies are beginning to show. Wall street is crashing as the economy begins it's dive.

No wait, you've got the wrong impression of our trade war with pretty nearly everyone.
What could go wrong?

 

[EL PRESIDENTE]

https://www.yahoo.com/news/wall-street-suffers-worst-week-211832776.html

The effect of Trumps policies are beginning to show. Wall street is crashing as the economy begins it's dive.

Its actually the FED raising interest rates, but thanks for playing.

 

[Lanny]

Its actually the FED raising interest rates, but thanks for playing.

It's actually not and at least I don't play with myself.

 

[dviss1]

Its actually the FED raising interest rates, but thanks for playing.

That literally has nothing to do with it lol.

 

[EL PRESIDENTE]

That literally has nothing to do with it lol.

https://www.nytimes.com/2018/12/19/business/stock-market-federal-reserve.html

 

[dviss1]

https://www.nytimes.com/2018/12/19/business/stock-market-federal-reserve.html

From your link:

"That increase had been widely predicted. But in the financial markets, hopes had been high that the Fed would simultaneously signal its growing concern about the outlook for economic growth."

 

[Chris Craig]

Its actually the FED raising interest rates, but thanks for playing.

No. It has to do with Trump's policies. His tax breaks for the rich, his tariffs, etc. Another key element to the crashing stocks is Trump is going down in flames in the Mueller investigation and everyone knows it.

 

[EL PRESIDENTE]

From your link:

"That increase had been widely predicted. But in the financial markets, hopes had been high that the Fed would simultaneously signal its growing concern about the outlook for economic growth."

The economy has never been fixed from the great 2008 crash, it's only because of quantitative easing and artificially low interest rates that this economy has been having any momentum whatsoever without those things this economy would fucking suck

 

[EL PRESIDENTE]

No. It has to do with Trump's policies. His tax breaks for the rich, his tariffs, etc. Another key element to the crashing stocks is Trump is going down in flames in the Mueller investigation and everyone knows it.

You couldn't be any more wrong. If interest rates were kept low and continue to, it wouldn't matter what trumps policies were the economy would still flourish. It's exactly why the beginning of Trump's term still had a burgeoning stock market, because the FED weren't really raising interest rates at that time. It was predicted that his election would cause a stock market tumble and it didn't and that's just because of the Fed



The tumbling Market is a reflection of the fed and how it's all screwed up. Our economy rest solely on the Fed's actions from now on basically until everything crashes and burns to the ground

 

[barfo]

You couldn't be any more wrong. If interest rates were kept low and continue to, it wouldn't matter what trumps policies were the economy would still flourish. The tumbling Market is a reflection of the fed and how it's all screwed up. Our economy rest solely on the Fed's actions from now on basically until everything crashes and burns to the ground

You literally think interest rates are the only thing that matters? Zero interest rate = permanent prosperity forever?

I'm not an economist but I think it's a little more complicated than that.

barfo

 

[EL PRESIDENTE]

You literally think interest rates are the only thing that matters? Zero interest rate = permanent prosperity forever?

I'm not an economist but I think it's a little more complicated than that.

barfo

That's why they also have to have four rounds of quantitative easing. Both of these measures were just a life vest for the economy that America relied on a little too much

 

[oldfisherman]

If you take the time to read the entire article, and understand it..

It explains how the stock market never reacted untill after Fed. chairman Powell made the announcement. Because the traders did not hear the news they anticipated, and already adjusted for.

The interest rate hike was anticipate. But not the clear signal of more hikes to come. So it was an adjustment for future interest rate hikes that caused "this" decline in stock prices

 

[Lanny]

You couldn't be any more wrong. If interest rates were kept low and continue to, it wouldn't matter what trumps policies were the economy would still flourish. It's exactly why the beginning of Trump's term still had a burgeoning stock market, because the FED weren't really raising interest rates at that time. It was predicted that his election would cause a stock market tumble and it didn't and that's just because of the Fed



The tumbling Market is a reflection of the fed and how it's all screwed up. Our economy rest solely on the Fed's actions from now on basically until everything crashes and burns to the ground

Everything wrong, and there's certainly a lot of it, is the fault of someone else. That's typical Trump like thinking.
Trump is a sinking ship. Don't go down with it.

 

[oldfisherman]

I would like to discuss the stock market in general. I am not an expert, but, have over 60 years of experience with investing in the market.

Many factors influence the stock market, but, this one day decline was due to the unexpected news of future interest rate hikes.

The stock market has been in a bull market since 2009. One of the longest good runs in our nation's history. The market was overdue for a correction.

Corrections are a healthy part of the process. It weeds out weak stocks that have risen too far too fast. The good healthy stocks make a comeback.

Also there is a timing factor. The end of the year is when many portfolios make adjustments. This often causes a decline in stocks prices in the fall. Then after the new year and into the spring, more money is put into retirement funds to take advantage of tax deductions (such as IRAs), the market often raises again.

As far as the market adjusting to Trump and his bad behavior, think about this. Who knows Trump better then the stock market? They have been dealing with him for decades.

Presidents can affect the price of stocks. A good example is when it became obvious Obama was going to get his Obamacare bill passed. Medical stocks made a very large rise in value. However, with the recent court ruling, medical stocks made a huge decline.

Guess what I'm saying is, I'm damn tried of all the hate speech. I don't like Trump, never have long before he ran. But this hate speech is not wining me over to the far left. It is pushing me away.

Come up with a better plan and canidates, and I will listen. But fuck your non-stop hate speech.

Sorry for any errors, My numb hand is in a cast, not the best situation to use a touch screen.

 

[jonnyboy]

Wait, I thought we were supposed to blame everything on the last administration, isnt that how it works? The effects of policy making take time to be seen I was told.

Weren't we experiencing the exciting perks of Obama's policies just a matter of weeks ago?

Lol. This game doesn't make sense.

 

[barfo]

As far as the market adjusting to Trump and his bad behavior, think about this. Who knows Trump better then the stock market? They have been dealing with him for decades.

Not sure what you mean by that. Other than being a general blowhard, Trump had very little to do with the stock market until he was president.

barfo

 

[barfo]

Wait, I thought we were supposed to blame everything on the last administration, isnt that how it works? The effects of policy making take time to be seen I was told.

Weren't we experiencing the exciting perks of Obama's policies just a matter of weeks ago?

Lol. This game doesn't make sense.

Trump claimed credit for the stock market when it was rising, so it's only fair that he should take blame now.
That's why sensible presidents don't claim much credit for stock market increases.

barfo

 

[jonnyboy]

Trump claimed credit for the stock market when it was rising, so it's only fair that he should take blame now.
That's why sensible presidents don't claim much credit for stock market increases.

barfo

When he claimed credit you all screamed Obama, so maybe its only fair you stick to your guns.

 

[Lanny]

I would like to discuss the stock market in general. I am not an expert, but, have over 60 years of experience with investing in the market.

Many factors influence the stock market, but, this one day decline was due to the unexpected news of future interest rate hikes.

The stock market has been in a bull market since 2009. One of the longest good runs in our nation's history. The market was overdue for a correction.

Corrections are a healthy part of the process. It weeds out weak stocks that have risen too far too fast. The good healthy stocks make a comeback.

Also there is a timing factor. The end of the year is when many portfolios make adjustments. This often causes a decline in stocks prices in the fall. Then after the new year and into the spring, more money is put into retirement funds to take advantage of tax deductions (such as IRAs), the market often raises again.

As far as the market adjusting to Trump and his bad behavior, think about this. Who knows Trump better then the stock market? They have been dealing with him for decades.

Presidents can affect the price of stocks. A good example is when it became obvious Obama was going to get his Obamacare bill passed. Medical stocks made a very large rise in value. However, with the recent court ruling, medical stocks made a huge decline.

Guess what I'm saying is, I'm damn tried of all the hate speech. I don't like Trump, never have long before he ran. But this hate speech is not wining me over to the far left. It is pushing me away.

Come up with a better plan and canidates, and I will listen. But fuck your non-stop hate speech.

Sorry for any errors, My numb hand is in a cast, not the best situation to use a touch screen.

Over sixty years? OMG, you must have been elderly when I was prancing, as a youth, in the fields of tulips near Camelot with 'Artie'.

 

[Lanny]

When he claimed credit you all screamed Obama, so maybe its only fair you stick to your guns.

Do you mean stick to your guns about how Trump ruined everything Obama built up?

 

[Lanny]

Wait, I thought we were supposed to blame everything on the last administration, isnt that how it works? The effects of policy making take time to be seen I was told.

Weren't we experiencing the exciting perks of Obama's policies just a matter of weeks ago?

Lol. This game doesn't make sense.

The last administration was two years ago. Don't you think it's time that a Republican President with a Republican Congress pulled us out of that tailspin?

 

[MARIS61]

https://www.yahoo.com/news/wall-street-suffers-worst-week-211832776.html

The effect of Trumps policies are beginning to show. Wall street is crashing as the economy begins it's dive.

Just an expected reaction to the Dems gaining control of the House and promising to obstruct trade and border security policies for the next 2 years.

The Real Economy is thriving at an accelerated rate.

 

[MARIS61]

Do you mean stick to your guns about how Trump ruined everything Obama built up?

Trump definitely ruined ISIS if that's what you mean.

The only things Obama built up were ISIS and the National Debt.

The debt is pretty much as Obama left it, so I guess you can take solace in his legacy remaining intact.

 

[MARIS61]

That literally has nothing to do with it lol.

Funny stuff.

Care to post about anything else beyond your sphere of knowledge?

 

[MARIS61]

You literally think interest rates are the only thing that matters? Zero interest rate = permanent prosperity forever?

I'm not an economist but I think it's a little more complicated than that.

barfo

That's an oversimplification.

A loosening of regulatory practices and more correction in trade imbalances is still needed to escape Obama's failed rat's nest of payola-generated favoritism to select industries.

 

[oldfisherman]

Not sure what you mean by that. Other than being a general blowhard, Trump had very little to do with the stock market until he was president.

barfo

Following the money plays a big part in which stocks serious investors buy.

Example.
He recieved a very large bank loan, say $100 million, to construct a hotel, or maybe a golf course. Let's investigate who is getting the construction contract and buy some of their stock.

Or, one of his companies is going bankrupt. Find out who he owes money to and sell their stock.

I used to subscribe to the Wall Street Journal, Investors Business Daily, and Barrons to get leads on stocks to buy and sell. They report tons of business transactions that do not make main stream news. Trump's name came up often in these papers. His deals did affect the price of many individual stocks.

 

[oldfisherman]

Over sixty years? OMG, you must have been elderly when I was prancing, as a youth, in the fields of tulips near Camelot with 'Artie'.

Ok, I started young.

But, those were mushrooms, not tulips, you were picking.

 

[barfo]

When he claimed credit you all screamed Obama, so maybe its only fair you stick to your guns.

I don't recall doing that, but feel free to prove me wrong.

In any case there's a significant difference between Anonymous Message Board Poster being a hypocrite and the President of the USA being a hypocrite.

barfo