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All-In [47722]
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-985.26... Thanks libtards!
Nov 20, 2018, 11:17 AM
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DJIA since the midterms...
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110%er [5854]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 11:30 AM
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"The losses have been sparked by a flurry of concerns about everything from higher interest rates and crashing oil prices to the US-China trade war. But the overarching theme is that investors are bracing for the end of the fantastic economic and profit growth that marked the past year. Analysts expect a deceleration in 2019 driven by tariffs, the fading impact of the tax cuts and higher borrowing costs caused by the Federal Reserve."
https://www.cnn.com/2018/11/20/investing/why-dow-dropped/index.html
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All-In [48078]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 11:37 AM
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DJIA since the midterms...
Trump will fix it.
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Oculus Spirit [93639]
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He has hand.
Nov 20, 2018, 11:44 AM
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He incited the Saudis to increase oil production to compensate for what he did to Iran. He created the positive economic outlook which cause the market to soar. I expect this will get much worse before it takes a turn.
It wouldn't surprise me to see the DOW drop to 20K. I expect it to settle in about there and recuperate slowly and more permanently after that. It may last more than a year before another major correction. Buy when it hits 20K.
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Legend [16240]
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The Dow skyrocketed last year in anticipation of the $1.5
Nov 20, 2018, 4:45 PM
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Trill tax gift coming corp USA's way - buybacks and dividend increases drive stock prices like nobody's business. Great way to use free cash. Voila. Now it's back to business.
So yeah, the Dow will likely settle back some more as true values begin aligning.
Not enough population left for much job growth - many shouldn't be in the labor force now as it is - past 4.5% unemployment those getting in cost businesses more than they can produce on average. And we're getting older, not younger.
2nd and 3rd quarters were also buoyed by mass sales and unloading of pre-tariff goods for manufacturing. We haven't really faced the roll-around on the higher costs coming our way yet but we will soon - no way around that, though agricultural prices should be beneficial as more of their overseas markets tighten.
Will the wage growth associated with that tax cut kick in enough in time to offset manufactured goods price increases? And construction? Even an infrastructure bill now should be off the table as it's likely the most expenseive time in decades to take these on, unlike it would have ten years ago, or ahead even when we slip into the next recession.
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Legend [15492]
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Re: He has hand.
Nov 20, 2018, 5:37 PM
[ in reply to He has hand. ] |
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He created the positive economic outlook which cause the market to soar. I expect this will get much worse before it takes a turn.
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Nice of Trump to start his "amazing positive economic outlook that cause the markets to soar" way back in 2009.
Trump's a real forward thinker.
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All-In [48078]
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Re: He has hand.
Nov 22, 2018, 8:23 PM
[ in reply to He has hand. ] |
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He inherited a great market from Obama. He walked into everything he has as a man and as a POTUS. The market will tank under Trump though. It's just timing. It won't be his fault.
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110%er [5854]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 11:49 AM
[ in reply to Re: -985.26... Thanks libtards! ] |
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If he wants to take credit when it goes up, he has to accept blame when it goes down.
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Oculus Spirit [93639]
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I agree.
Nov 20, 2018, 12:02 PM
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He knew the tariffs and sanctions on Iran would do this. That's why he was whining about the fed raising interest rates. If the fed couldn't see this coming they need new leadership.
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Oculus Spirit [83064]
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Started falling way before mid-terms as the end
Nov 20, 2018, 12:01 PM
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of the third quarter is historically the worst time of year.
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Oculus Spirit [93639]
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Re: Started falling way before mid-terms as the end
Nov 20, 2018, 12:04 PM
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I don't think Burr is serious in that statement. No serious person would use that slanderous, degrading term.
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CU Medallion [73569]
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I blame Marvel movie fatigue.***
Nov 20, 2018, 1:58 PM
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Heisman Winner [111488]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 2:21 PM
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we just need a well timed and well thought out tweet from the POTUS to set things back in order.
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CU Guru [1405]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 4:53 PM
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It amazes me that anyone didn't see this coming. Republicans tank the economy. It's what they do.
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All-In [47722]
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The DJIA is up 26% since Trump took office.
Nov 23, 2018, 10:51 AM
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It's up because of reduced regulations and increased profits under a republican regime.
Your hero B. Hussein Obama did nothing to improve the economy.
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Legend [15492]
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Re: -985.26... Thanks libtards!
Nov 20, 2018, 5:39 PM
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Trump is responsible for a Tax cut that 83% of which benefits himself, his family, his businesses and his rich buddies, while only 17% benefit the other 330 Million Americans.
And he's still your hero.
Who's a '####' again?
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Orange Blooded [3516]
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I don't know who to thank for the downturn...
Nov 22, 2018, 9:08 PM
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but I'd love to see another 2-3K down so I can get some cash back in the market...18,000 would be a dream come true.
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110%er [6101]
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Trump warned us
Nov 23, 2018, 9:05 AM
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If they took power this would happen. $1.0 Trillion gone since midterms, poof! They vote against their own economic interests in the name of......political ideology.
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110%er [5854]
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Re: Trump warned us
Nov 23, 2018, 11:59 AM
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They haven’t even been sworn in yet. Until January, Republicans still in control.
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Orange Blooded [4341]
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Orange Blooded [4341]
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We have achieved energy independence in 10 yrs.
Nov 23, 2018, 2:09 PM
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That.....is American ingenuity at its finest.
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