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Why isn't Trump saving the Dow?
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Why isn't Trump saving the Dow?


Feb 8, 2018, 3:56 PM

I mean, since he's the reason it was going up...

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Falsehood flies, and truth comes limping after it, so that when men come to be undeceived, it is too late; the jest is over, and the tale hath had its effect: like a man, who hath thought of a good repartee when the discourse is changed, or the company parted; or like a physician, who hath found out an infallible medicine, after the patient is dead.
- Jonathan Swift


It would be down twice as much today if Trump......


Feb 8, 2018, 4:01 PM

wasn't so awesome.

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Not true!


Feb 8, 2018, 4:16 PM

It would be down 5000 points were it not for the Dear Leader!

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It's pretty clear we need a parade.*****


Feb 8, 2018, 4:30 PM



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Re: It's pretty clear we need a parade.*****


Feb 10, 2018, 8:09 AM

Oh no, they’re gonna celebrate the troop’s accomplishments...that’s terrible

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Re: It's pretty clear we need a parade.*****


Feb 14, 2018, 3:38 PM

Even former members of the military think its a joke. It's only being discussed to stroke his ego. Nice waste of money when we have other things we should be working on.

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Uh, I’m pretty sure watching the hugest most amazing


Feb 8, 2018, 6:18 PM

drop we’ve ever seen with the Dow. You’re welcome.

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null


Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 8, 2018, 9:19 PM

It dropped below 7000 in 08/09.

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Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 9, 2018, 1:31 PM

I remember that......W was president

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Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 9, 2018, 1:37 PM

March 2009, Obama was president.

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Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 9, 2018, 10:46 PM

Memphis Cat said 08/09. You said March 09.

I'll help you both out. BTW, I don't think presidents have much to do with stock markets. But for the sake of accuracy...

"The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,443.27 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high."

Obama was inaugurated Jan 20th 2009 toward the end of the market collapse in the Great Recession. I know Trumpers and Obama haters will find some way to blame Obama for that low point, but seriously now. Is there any economic policy he could implement in 6 weeks that could have prevented the low point?

As I said, I don't think presidents have much control over markets, despite all the credit and blame we give them.

Perhaps the only thing a government could do to affect markets would be to be grossly incompetent or make bad decisions that screw things up several years down the road. Republicans and Democrats alike in the 90s passed the banking deregulations that sparked the housing bubble and contributed to the Great Recession.

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Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 10, 2018, 1:34 AM

I know that.

I was talking specifically to the poster above who said "i remember that, W was president."


He was wrong.

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Re: Uh, I’m pretty sure watching the hugest most amazing


Feb 10, 2018, 1:40 AM [ in reply to Re: Uh, I’m pretty sure watching the hugest most amazing ]

Oh, I'm not a Trumper nor am i an Obama hater.

But, i will speak facts no matter which one those facts are "attacking."

Fact is Memphis said it dropped below 7,000 in 2008/2009. And the above poster said "i remember that, W was president."

I know Bush haters/Obama lovers want to skip over certain facts, but come on.

I don't recall saying it was Obama's fault, just pointed out that no, w wasn't President at the time.

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He actually said the stock market was making a big mistake.


Feb 10, 2018, 7:50 PM

I've never heard a president criticize the market before.

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Stupid market.*****


Feb 10, 2018, 8:26 PM



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Pretty sure he meant people who


Feb 12, 2018, 11:35 AM [ in reply to He actually said the stock market was making a big mistake. ]

were selling.

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Well that's the problem with people who can't speak.


Feb 12, 2018, 12:47 PM

They have less control over the meaning of the sounds that come out of their mouths.

Cuz... what he said was that the stock market was making a mistake. I have no reason to think he meant something else that he did not say, because he seems like a delusional idiot to me, so that's what I'm going with.

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Here. Learn.


Feb 13, 2018, 7:33 PM

Economic growth projected at 5.4% Q1. The market won't blink unless short position cover artificially again. Pretty sure the SEC will clamp down so this crime doesn't happen again.

https://www.marketwatch.com/story/how-wall-streets-fear-gauge-is-being-rigged-according-to-one-whistleblower-2018-02-13

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+253.04....Thanks, Donald!***


Feb 14, 2018, 4:24 PM



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https://as1.ftcdn.net/v2/jpg/00/81/16/28/1000_F_81162810_8TlZDomtVuVGlyqWL2I4HA7Wlqw7cr5a.jpg


Replies: 18
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