Dismal earnings reports indicate the start of the Trump downturn

[Fort Fun Indiana]

Derivatives didn't blow up shit in 2008.

Unregulated derivatives were one of the biggest factors in the crash.

Prove it.

What evidence do you require?

 

[Lewdog]

Liberal thieves on wall street.

Do you ever bother to think about what you're posting or.....?

Obama bailed them all out for what was it a Trillion dollars. Goldman Sacs payee there money back because if the didn’t no bonuses You think you know what your talking about but you don’t. When I retired I went to work for a financial company doing Executive Protection and International Travel Securitry I know first hand what happened. So yes I do know what I am posting because I was there in the middle of it. So good luck because you talk shit but don’t know what your talking about.


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Are you talking about these Goldman Sachs liberals?

List of Goldman Sachs Alumni in Trump’s Administration | Heavy.com

I’m going to listen to a liberal with some bullshit website when I was there for it All I will day is a know a lot more about it then you idiots. I will leave it at that.


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These guys all have their work for Goldman Sachs all over the internet.

"President Donald Trump plans on adding another Goldman Sachs veteran to his administration, saying Tuesday that he will nominate James Donavan, the acting managing director of Goldman, as his deputy treasury secretary.

Donavan would become the third major Goldman veteran to join the administration straight out of Wall Street. Former Goldman Chief Operating Officer Gary Cohn, who is now the director of the White House National Economic Council, and Dina Powell, who is now the White House's senior counselor for economic initiatives, were on Goldman payroll when they accepted rolls in the Trump White House. Other Goldman alums include Treasury Secretary Steven Mnuchin and White House chief strategist Stephen Bannon."

The Wall Street White House: Trump hires fifth Goldman Sachs staffer to the administration

Goldman Sac wasn’t the only bailout. Your just looking at them. What about all the others. Did all of them have Trump people.


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So you are going to change your tune? You are the one that mentioned Goldman Sachs first.

 

[Toddsterpatriot]

Derivatives didn't blow up shit in 2008.

Unregulated derivatives were one of the biggest factors in the crash.

Prove it.

What evidence do you require?

A list of all the factors, in order of size would work.
Maybe with percentages?

 

[MAGAman]

The Mall Meltdown Continues

Retailers’ earnings season has gone from bad to worse. The bleeding intensified last week, with shares of Abercrombie & Fitch plummeting 26% on Wednesday, the biggest percentage decline since the company went public. PVH Corp., owner of brands including Van Heusen, Tommy Hilfilger, and Calvin Klein, dropped 10% that day, too. On Thursday, women’s wear chain J.Jill was down a jaw-dropping 53% and on Friday, Gap Inc. slid 9%.

Definitely bad news for the economy. If Trump wants to run on the economy to get reelected he might want to pass over this bit of bad news.

For Abercrombie and Fitch to plummet 26% is unprecedented.

Democrats salivating at a potential American catastrophe.

Wake me when news happens.

 

[Crepitus]

Liberal thieves on wall street.

Do you ever bother to think about what you're posting or.....?

Obama bailed them all out for what was it a Trillion dollars. Goldman Sacs payee there money back because if the didn’t no bonuses You think you know what your talking about but you don’t. When I retired I went to work for a financial company doing Executive Protection and International Travel Securitry I know first hand what happened. So yes I do know what I am posting because I was there in the middle of it. So good luck because you talk shit but don’t know what your talking about.


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Are you talking about these Goldman Sachs liberals?

List of Goldman Sachs Alumni in Trump’s Administration | Heavy.com

I’m going to listen to a liberal with some bullshit website when I was there for it All I will day is a know a lot more about it then you idiots. I will leave it at that.


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You mad bro? Your typing skills went to hell on that post.

Not mad at all. Actually I’m laughing at you. You, Denard and Tommy related. You all say the same shit.


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Those guys aren't even in this thread.

You confused as well as mad?

 

[Fort Fun Indiana]

A list of all the factors, in order of size would work.

Haha, sure. Troll games.

Hey toddster, what prompted the bank bailout? Why was it necessary? You know it was derivatives... right? Do you anything at all about this topic, or am I wasting my time?

 

[Crepitus]

Obama bailed them all out for what was it a Trillion dollars. Goldman Sacs payee there money back because if the didn’t no bonuses You think you know what your talking about but you don’t. When I retired I went to work for a financial company doing Executive Protection and International Travel Securitry I know first hand what happened. So yes I do know what I am posting because I was there in the middle of it. So good luck because you talk shit but don’t know what your talking about.


Sent from my iPhone using Tapatalk

Are you talking about these Goldman Sachs liberals?

List of Goldman Sachs Alumni in Trump’s Administration | Heavy.com

I’m going to listen to a liberal with some bullshit website when I was there for it All I will day is a know a lot more about it then you idiots. I will leave it at that.


Sent from my iPhone using Tapatalk

These guys all have their work for Goldman Sachs all over the internet.

"President Donald Trump plans on adding another Goldman Sachs veteran to his administration, saying Tuesday that he will nominate James Donavan, the acting managing director of Goldman, as his deputy treasury secretary.

Donavan would become the third major Goldman veteran to join the administration straight out of Wall Street. Former Goldman Chief Operating Officer Gary Cohn, who is now the director of the White House National Economic Council, and Dina Powell, who is now the White House's senior counselor for economic initiatives, were on Goldman payroll when they accepted rolls in the Trump White House. Other Goldman alums include Treasury Secretary Steven Mnuchin and White House chief strategist Stephen Bannon."

The Wall Street White House: Trump hires fifth Goldman Sachs staffer to the administration

Goldman Sac wasn’t the only bailout. Your just looking at them. What about all the others. Did all of them have Trump people.


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So you are going to change your tune? You are the one that mentioned Goldman Sachs first.

 

[RealDave]

You didn't even read it did you? If you take the point the Dow was at when Obama took office, it went up 140% over his two terms. If you take it from the lowest point, which was about two months into his presidency when he had enough time to do anything, it went up 201% during his terms.

And I told you that when you’re on the bottom you have one direction to go.
When you drive things from near bottom to the bottom you have only one direction to go.
Two steps forward following three steps backward is a net negative.

How in the hell did he drive it to the bottom? Even if you wanted to keep up that ridiculous argument, 140% growth under him is not anything negative.

Do you know how numbers work? I'm not talking about economics, just numbers?

A 140% or 210% growth is not negative.

If 140 or 210 follow 160 or 250 in the other direction you have a net negative. Not rocket science.
My household lost $80k in disposable $$ due to Obama energy policy. Things improved after fracking but we never recouped that loss.
Our investment plan yo-yo’d but we never banked on the higher amount because it was inflated. Our property value similarly see-sawed but we monitored the real value.

So you don't know numbers or how to read charts. This might not be the thread for you.

Let's try one more time.

How did the Dow Jones Industrial do under Barack Obama vs. past presidents? - cleveland.com

So when Obama took office, the Dow was at 7,949. When he left office it was 19,732. That's a net GAIN of 11,783

So more like 1 step backwards for 2 months, then 15 steps forward.

I don’t judge the economy by the stock exchange. The reality is here on the ground and reflected by capital and employment.
Obama energy policy constricted capital and shrank the economy.
Reality.
What’s more, those chart numbers are out of context. It wasn’t until Obama’s 6th year that the market got back up to pre-Obama numbers. Any net improvement coincided with fracking.

We've been fracking since the 70's.
What else do ya got

 

[RoshawnMarkwees]

Those numbers show Obama net decreases.

Which does not show that Obama drove the economy into the ground after a correction. You are changing lanes now, because what you said was dumb.

Bullshit. It clearly demonstrates that he slowed recovery and that full recovery came after fracking which he opposed.

 

[Toddsterpatriot]

A list of all the factors, in order of size would work.

Haha, sure. Troll games.

Hey toddster, what prompted the bank bailout? Why was it necessary? You know it was derivatives... right? Do you anything at all about this topic, or am I wasting my time?

Haha, sure. Troll games.

Was this your claim or not?

Unregulated derivatives were one of the biggest factors in the crash.

So list the bigger factors. List a few smaller.

Hey toddster, what prompted the bank bailout?

A bunch of people started defaulting on their mortgages.

Why was it necessary?

Cascading bank failures suck.

You know it was derivatives... right?

I deny it was. If you think it was, post your proof.

Do you anything at all about this topic

A hell of a lot more than you.

 

[RoshawnMarkwees]

And I told you that when you’re on the bottom you have one direction to go.
When you drive things from near bottom to the bottom you have only one direction to go.
Two steps forward following three steps backward is a net negative.

How in the hell did he drive it to the bottom? Even if you wanted to keep up that ridiculous argument, 140% growth under him is not anything negative.

Do you know how numbers work? I'm not talking about economics, just numbers?

A 140% or 210% growth is not negative.

If 140 or 210 follow 160 or 250 in the other direction you have a net negative. Not rocket science.
My household lost $80k in disposable $$ due to Obama energy policy. Things improved after fracking but we never recouped that loss.
Our investment plan yo-yo’d but we never banked on the higher amount because it was inflated. Our property value similarly see-sawed but we monitored the real value.

So you don't know numbers or how to read charts. This might not be the thread for you.

Let's try one more time.

How did the Dow Jones Industrial do under Barack Obama vs. past presidents? - cleveland.com

So when Obama took office, the Dow was at 7,949. When he left office it was 19,732. That's a net GAIN of 11,783

So more like 1 step backwards for 2 months, then 15 steps forward.

I don’t judge the economy by the stock exchange. The reality is here on the ground and reflected by capital and employment.
Obama energy policy constricted capital and shrank the economy.
Reality.
What’s more, those chart numbers are out of context. It wasn’t until Obama’s 6th year that the market got back up to pre-Obama numbers. Any net improvement coincided with fracking.

So what you are saying is...

Since you got proven wrong you now want to change the discussion?

Once again you prove that you don't understand numbers. It didn't recover past pre-Obama era numbers until year 6? That's funny because I just posted for you that after his first 4 years, the Dow had gained almost 5,000 points.

Which still left it behind where it was before he came into office. 3 steps back and 2 steps forward is net decline.

 

[RoshawnMarkwees]

And I told you that when you’re on the bottom you have one direction to go.
When you drive things from near bottom to the bottom you have only one direction to go.
Two steps forward following three steps backward is a net negative.

How in the hell did he drive it to the bottom? Even if you wanted to keep up that ridiculous argument, 140% growth under him is not anything negative.

Do you know how numbers work? I'm not talking about economics, just numbers?

A 140% or 210% growth is not negative.

If 140 or 210 follow 160 or 250 in the other direction you have a net negative. Not rocket science.
My household lost $80k in disposable $$ due to Obama energy policy. Things improved after fracking but we never recouped that loss.
Our investment plan yo-yo’d but we never banked on the higher amount because it was inflated. Our property value similarly see-sawed but we monitored the real value.

So you don't know numbers or how to read charts. This might not be the thread for you.

Let's try one more time.

How did the Dow Jones Industrial do under Barack Obama vs. past presidents? - cleveland.com

So when Obama took office, the Dow was at 7,949. When he left office it was 19,732. That's a net GAIN of 11,783

So more like 1 step backwards for 2 months, then 15 steps forward.

I don’t judge the economy by the stock exchange. The reality is here on the ground and reflected by capital and employment.
Obama energy policy constricted capital and shrank the economy.
Reality.
What’s more, those chart numbers are out of context. It wasn’t until Obama’s 6th year that the market got back up to pre-Obama numbers. Any net improvement coincided with fracking.

We've been fracking since the 70's.
What else do ya got

Which propaganda source inspired that distortion? Fracking began in the 1800’s, dope. Newer technology allowed it to dominate oil extraction in recent years. It also allowed for increased production beyond the grasp of Obama.

 

[Dana7360]

The Mall Meltdown Continues

Retailers’ earnings season has gone from bad to worse. The bleeding intensified last week, with shares of Abercrombie & Fitch plummeting 26% on Wednesday, the biggest percentage decline since the company went public. PVH Corp., owner of brands including Van Heusen, Tommy Hilfilger, and Calvin Klein, dropped 10% that day, too. On Thursday, women’s wear chain J.Jill was down a jaw-dropping 53% and on Friday, Gap Inc. slid 9%.

Definitely bad news for the economy. If Trump wants to run on the economy to get reelected he might want to pass over this bit of bad news.

For Abercrombie and Fitch to plummet 26% is unprecedented.

Like a lot of retailers, Abercrombie and Fitch are closing stores around the nation.

I hope things change.

 

[Lewdog]

How in the hell did he drive it to the bottom? Even if you wanted to keep up that ridiculous argument, 140% growth under him is not anything negative.

Do you know how numbers work? I'm not talking about economics, just numbers?

A 140% or 210% growth is not negative.

If 140 or 210 follow 160 or 250 in the other direction you have a net negative. Not rocket science.
My household lost $80k in disposable $$ due to Obama energy policy. Things improved after fracking but we never recouped that loss.
Our investment plan yo-yo’d but we never banked on the higher amount because it was inflated. Our property value similarly see-sawed but we monitored the real value.

So you don't know numbers or how to read charts. This might not be the thread for you.

Let's try one more time.

How did the Dow Jones Industrial do under Barack Obama vs. past presidents? - cleveland.com

So when Obama took office, the Dow was at 7,949. When he left office it was 19,732. That's a net GAIN of 11,783

So more like 1 step backwards for 2 months, then 15 steps forward.

I don’t judge the economy by the stock exchange. The reality is here on the ground and reflected by capital and employment.
Obama energy policy constricted capital and shrank the economy.
Reality.
What’s more, those chart numbers are out of context. It wasn’t until Obama’s 6th year that the market got back up to pre-Obama numbers. Any net improvement coincided with fracking.

So what you are saying is...

Since you got proven wrong you now want to change the discussion?

Once again you prove that you don't understand numbers. It didn't recover past pre-Obama era numbers until year 6? That's funny because I just posted for you that after his first 4 years, the Dow had gained almost 5,000 points.

Which still left it behind where it was before he came into office. 3 steps back and 2 steps forward is net decline.

This response by you proves you don't know what you are talking about, and clearly a troll.

 

[justoffal]

Despite left wing wishful thinking, the DOW is still around 24,800 and unemployment is still in a historic low. The DOW was around 12,000 this time in Hussein's first term and democrats raved about it.

You ignore Obama started with the economy SHRINKING at a rate over 6 %.

A stock market heading down to 6,000. So Obama basically doubled it after uit hit bottom.


It was 19,870 when Obama left office . Let me know when your buddy doubles that.

Obama didn't do shit. After the global money correction in 2008 the markets bounced robotically off the bottom as they always do.

I'll give Obama credit for one key action that he did take. After the international credit-default markets crashed he listened to the right advice from the right advisors on how to keep the United States fluid in the monetary sense. For that he deserves a pat on the back. But then again so does Bush!

Economically speaking however he is/was a dunce. Perhaps he was such by choice since he seemed to favor the greater mechanisms of socialism over the pragmatic mechanisms of financial success. It's time to admit that they are two completely different goals and that they do not coexist well.

Jo

 

[RoshawnMarkwees]

If 140 or 210 follow 160 or 250 in the other direction you have a net negative. Not rocket science.
My household lost $80k in disposable $$ due to Obama energy policy. Things improved after fracking but we never recouped that loss.
Our investment plan yo-yo’d but we never banked on the higher amount because it was inflated. Our property value similarly see-sawed but we monitored the real value.

So you don't know numbers or how to read charts. This might not be the thread for you.

Let's try one more time.

How did the Dow Jones Industrial do under Barack Obama vs. past presidents? - cleveland.com

So when Obama took office, the Dow was at 7,949. When he left office it was 19,732. That's a net GAIN of 11,783

So more like 1 step backwards for 2 months, then 15 steps forward.

I don’t judge the economy by the stock exchange. The reality is here on the ground and reflected by capital and employment.
Obama energy policy constricted capital and shrank the economy.
Reality.
What’s more, those chart numbers are out of context. It wasn’t until Obama’s 6th year that the market got back up to pre-Obama numbers. Any net improvement coincided with fracking.

So what you are saying is...

Since you got proven wrong you now want to change the discussion?

Once again you prove that you don't understand numbers. It didn't recover past pre-Obama era numbers until year 6? That's funny because I just posted for you that after his first 4 years, the Dow had gained almost 5,000 points.

Which still left it behind where it was before he came into office. 3 steps back and 2 steps forward is net decline.

This response by you proves you don't know what you are talking about, and clearly a troll.

No, that was a clear and pointed response. Look at the numbers and make sure you follow back to 2006 or 07. Then compare numbers and levels to 2014 and look at what happened in between.
Obama energy policy fucked our economy. Troll that.

 

[justoffal]

Did any of you librards look at where people are shopping. Why go to the store why you can shop online. My wife works for Nordstrom and the they all have been hurting due to the boom in online shopping. You can order all your food and household items online and don’t have to go anywhere and it’s cheaper. I rather go to the supermarket for groceries but I hate Malls. It was a valiant effort by libtards trying to twist the truth as always.


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It's amazing how they shop around for bad news and then desperately trying to sculpt it into an anti-Trump message. What's further amazing is that Bezos, the guy who's responsible for the major destruction of conventional retail business.... is a lefty!
I mean how do they miss this?

Jo

 

[justoffal]

The Mall Meltdown Continues

Retailers’ earnings season has gone from bad to worse. The bleeding intensified last week, with shares of Abercrombie & Fitch plummeting 26% on Wednesday, the biggest percentage decline since the company went public. PVH Corp., owner of brands including Van Heusen, Tommy Hilfilger, and Calvin Klein, dropped 10% that day, too. On Thursday, women’s wear chain J.Jill was down a jaw-dropping 53% and on Friday, Gap Inc. slid 9%.

Definitely bad news for the economy. If Trump wants to run on the economy to get reelected he might want to pass over this bit of bad news.

For Abercrombie and Fitch to plummet 26% is unprecedented.

Like a lot of retailers, Abercrombie and Fitch are closing stores around the nation.

I hope things change.

Yes like the rest of the retailers who are finding themselves closing stores they failed to keep up with the changing customer base.
The retail industry has been rapidly transformed by the online Giants. The message was clear early on..... either keep up with the change or be left out.

Jo

 

[Deplorable Yankee]

The Mall Meltdown Continues

Retailers’ earnings season has gone from bad to worse. The bleeding intensified last week, with shares of Abercrombie & Fitch plummeting 26% on Wednesday, the biggest percentage decline since the company went public. PVH Corp., owner of brands including Van Heusen, Tommy Hilfilger, and Calvin Klein, dropped 10% that day, too. On Thursday, women’s wear chain J.Jill was down a jaw-dropping 53% and on Friday, Gap Inc. slid 9%.

Definitely bad news for the economy. If Trump wants to run on the economy to get reelected he might want to pass over this bit of bad news.

For Abercrombie and Fitch to plummet 26% is unprecedented.

retail YUK
this bit of bad news is old news if you read the business press everyday ...we're more concerned about domestic manufacturing numbers than whats mostly imported goods .


and a stronger US dollar ...you forgot that part

 

[justoffal]

Obama took over a market correction and then drove the economy into the ground by intentionally driving up energy prices (and, subsequently, all consumer goods prices) for six years. Fracking technology (which Obama opposed but couldn’t prevent) saved the day.
Obama hurt this country.

You need to go back and look again if you think what you said is true. Not to mention fracking had nothing to do with the housing market bubble that led to banks needing bailed out, and car companies needing bailed out as well. Worst part of it was that Obama was forced to deal with those issues through a bail out set up by the President before him.

Market correction?

"With that in mind, it may be tough for stocks to enjoy nearly as explosive a rally under Trump in the next four (or eight) years as it has during Obama's tenure.

The Dow has gone up more than 140% since Obama's inauguration in January 2009.


If you look at how the Dow has done since it hit its low point on March 6, 2009, it's up 210%."

The Obama bull market: A 140% jump in the Dow

If the two steps forward were preceded by three steps backward you’re not improving.

You didn't even read it did you? If you take the point the Dow was at when Obama took office, it went up 140% over his two terms. If you take it from the lowest point, which was about two months into his presidency when he had enough time to do anything, it went up 201% during his terms.

And I told you that when you’re on the bottom you have one direction to go.
When you drive things from near bottom to the bottom you have only one direction to go.
Two steps forward following three steps backward is a net negative.

How in the hell did he drive it to the bottom? Even if you wanted to keep up that ridiculous argument, 140% growth under him is not anything negative.

Do you know how numbers work? I'm not talking about economics, just numbers?

A 140% or 210% growth is not negative.

I've been following your little debate. You are correct you are not talking about economics at all. Not sure if it's on purpose or if it's just because you're ignorant.

Jo