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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue May 07, 2019 8:06 pm 
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The down was in free fall when I said it was in free fall.

Is the Trump Train still steaming along in the stock market? Asking for a friend.

A big flat line might mean something to people who started investing right after the tax bill passed, hoping to get a nice ride on the Trump Train. You know, since they've all been losing money over the past 17 months, hows that ride been so far?

There isn't an economist on the planet who doesn't attribute the 600 point drop today to Trump's idiotic Trade war with China.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 10:46 am 
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The DQW is now where it was at the end of 2017.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 2:44 pm 
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Kevin Graham wrote:
The DQW is now where it was at the end of 2017.

You meant to say " way higher than it was beforeTrump won the election?"
The Dow soared 257 points and brushed up against lifetime highs on Wednesday, in defiance of those who predicted Trump's election would bring about a plunge in the stock market. The S&P 500 and the Nasdaq rose 1.1% apiece.


Is this the plunge you have been hoping that Americans would suffer from while you gloated about some hair fire inducing paranoia?
Or is this significant and/or meaningful to literally anyone other than you?

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 3:53 pm 
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subgenius wrote:
Is this the plunge you have been hoping that Americans would suffer from while you gloated about some hair fire inducing paranoia?
Or is this significant and/or meaningful to literally anyone other than you?

Hmm. Looks like a sideways shuffle with nervous dips brought on by a man who only had to not ____ the market up to continue enjoying success past the first year.

But, as so many conservatives kept telling us during the Obama years - the markets “hate uncertainty”. So we have a flat return going on over 1.5 years now.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 4:28 pm 
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subgenius wrote:
Kevin Graham wrote:
The DQW is now where it was at the end of 2017.

You meant to say " way higher than it was beforeTrump won the election?"
The Dow soared 257 points and brushed up against lifetime highs on Wednesday, in defiance of those who predicted Trump's election would bring about a plunge in the stock market. The S&P 500 and the Nasdaq rose 1.1% apiece.


Is this the plunge you have been hoping that Americans would suffer from while you gloated about some hair fire inducing paranoia?
Or is this significant and/or meaningful to literally anyone other than you?


Well you're obviously triggered. What's the matter Subs, the market not doing what you had hoped for? You upset that I'm not stupid enough to put all my eggs in the "Trump Train" basket? You're gloating about a relatively insignificant spike from 30 months ago while ignoring the effective flat line that has happened once Trump got in office and started implementing his economic policies. You know, like his tax cut that ____ blue collar Americans everywhere but guaranteed billions in subsidies to the uber wealthy.

Face it. You've been had. You elected an absolute moron who doesn't understand trade. A man who is lying even to this day about how "China is paying the tariffs" because he's too ____ stupid to understand US importers are the ones who pay those tariffs, and like you, he's too ____ stupid to understand that all he's doing is taking the American consumers to a tune of $200 billion. Even his own economist had to pretty much admit Trump is lying on this point.

We're talking about a President who knows nothing about trade and started a trade war which hurt American farmers so badly he had to put them on welfare with money he's borrowing from the countries he started the trade war with. So instead of profiting off the sale of American food to China Trump's trade policy has the United States paying interest to China while US farmers become dependent on the government because they aren't selling food to China.

You just can't make this ____ up. It means you and your "Conservative" ilk no longer get to mock anyone on the left on matters of economics.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 5:58 pm 
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Quote:
Well you're obviously triggered. What's the matter Subs, the market not doing what you had hoped for?

subs actually has all of his retirement dollars sunk into R22 Freon futures and incandescent light bulb stocks, as part of his “Evil Libruls aren’t the Boss of Me!!1!” investment strategy.

Who knows, the way that Trump approaches environmentalism, maybe that will work for him.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 6:02 pm 
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Quote:
So instead of profiting off the sale of American food to China Trump's trade policy has the United States paying interest to China while US farmers become dependent on the government because they aren't selling food to China.

Don’t forget, we’ll need to borrow even more money now from the Chinese to cut the monthly aid checks to distressed farmers for killing their overseas market share.

#chinaiswinning


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon May 13, 2019 7:34 pm 
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Kevin Graham wrote:
We're talking about a President who knows nothing about trade and started a trade war which hurt American farmers so badly he had to put them on welfare with money he's borrowing from the countries he started the trade war with. So instead of profiting off the sale of American food to China Trump's trade policy has the United States paying interest to China while US farmers become dependent on the government because they aren't selling food to China.

I've mentioned before, but it's worth bringing up again that the worst long-term fallout from the trade war has already happened. That being, the trading partners who moved away from US goods are establishing new trade networks that will be difficult if not impossible to entice them out of and back to US markets at pre-trade war scales. This has done lasting damage to the US economy and our trade relationships that won't be undone by negotiating a deal or going back to pre-tariff conditions.

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue May 14, 2019 3:02 am 
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canpakes wrote:
Quote:
So instead of profiting off the sale of American food to China Trump's trade policy has the United States paying interest to China while US farmers become dependent on the government because they aren't selling food to China.

Don’t forget, we’ll need to borrow even more money now from the Chinese to cut the monthly aid checks to distressed farmers for killing their overseas market share.

#chinaiswinning

If Trump's aim is to destroy both American democracy and its scientific, technological and economic dominance in the world (which I increasingly suspect is the case), Trump is winning too.

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Fri May 24, 2019 11:29 am 
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Poof! Trump investment boom is gone


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Fri May 24, 2019 12:41 pm 
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Kevin Graham wrote:

2nd line of cited article reads "Well, mostly gone:...so not gone.
Only thing dumber than clickbait are idiots like you that post clickbait.
geez

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Fri May 24, 2019 2:16 pm 
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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon Jun 03, 2019 2:22 pm 
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The DOW is now at 24,819.78. Link

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon Jun 03, 2019 4:25 pm 
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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon Jun 03, 2019 7:37 pm 
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Res Ipsa wrote:
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So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Mon Jun 03, 2019 7:54 pm 
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subgenius wrote:
So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!

Not sure what an ‘ecomony’ is, but I’m thinking that the market isn’t reacting to any Obama policies or tariffs this past couple of months.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue Jun 04, 2019 12:09 am 
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canpakes wrote:
subgenius wrote:
So, its Trump's ecomony now(again) and no longer Bush's economy back then(again)...thanks, we got it!

Not sure what an ‘ecomony’ is, but I’m thinking that the market isn’t reacting to any Obama policies or tariffs this past couple of months.


No point is so obvious that Sub can fail to miss it. Obviously, it’s fair to take into account that Obama inherited an economy on the verge of meltdown and Trump inherited one chugging along in a recovery, although a particularly strong one. But, even if you make the worst possible comparison from Obama’s standpoint — crediting him with the significant drop right after he took office — the market under Obama performed much better than the market under Trump to date.

Not that I think stock price is a great measure of economic health, but if we’re going to talk about stock market performance, let’s at least compare apples to apples.

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue Jun 04, 2019 5:02 am 
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In fairness, the reason market indices were so up during the course of the Obama presidency is that he became president in the middle of a devastating market freefall. When that happens, of course it's going to rebound sometime in the next 8 years and a rebound is going to represent a lot of growth.

This also has something to say about the asinine nature of crediting Donald Trump for an economy he lucked into, but there you go.


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue Jun 04, 2019 6:17 am 
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Res Ipsa wrote:
...

Not that I think stock price is a great measure of economic health, but if we’re going to talk about stock market performance, let’s at least compare apples to apples.

Im still unclear on how you guys determine who's economy is who's and when it's theirs...is it just a measure of political convenience? or is it just plain ol' KG's posts level of economic ignorance?

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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue Jun 04, 2019 8:12 am 
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This is clearly an economy that was doing well because of Obama' 8 years in office and the numerous policies he passed, and it continues to do well in spite of Trump because of the momentum it had going in to 2017.

Subs is so ____ dumb he can't even validate his credentials as an architect given is idiotic face plants on math questions. But he's the guy to listen to on economics?


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 Post subject: Re: Dow is currently in a freefall
PostPosted: Tue Jun 04, 2019 9:27 am 
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Kevin Graham wrote:
Subs is so ____ dumb he can't even validate his credentials as an architect given is idiotic face plants on math questions. But he's the guy to listen to on economics?

I hear you on that. Based on some examples I have seen of his mathematical reasoning ability, I can't help but doubt his claims to being a successful architect. He often seems to have a poor grasp of basic science as well, plus a rather tenuous grasp on reality in general.

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