Low interest rates leave with Obama

[TheDude]

Without these low rates we crash. It was part necessary, and part blanket for an incompetent government. There had to be a correction at some point. That correction will occur on Trump's watch.

https://www.yahoo.com/finance/news/fed-fomc-rate-hike-meeting-december-2016-150648871.html

 

[Auld Phart]

and instead of putting any blame on Obama, it will all fall on Trump.

 

[Fenton Lum]

There's pretty wide agreement that we corrected nothing last time around and that there will be another dip.

 

[Fenton Lum]

and instead of putting any blame on Obama, it will all fall on Trump.

More socialism for the aristocracy at societal expense.

 

[TheDude]

and instead of putting any blame on Obama, it will all fall on Trump.

Not necessary, Trump will succeed regardless and doesn't need the crutch. But at some point we need to see a recession. It's an economic certainty. That may not come for a while however, simply because we under-performed on Obama's watch.

 

[Russ Alllah Gehry]

But, but, but Trump and his team are financial geniuses who have no interest but that of 'the people' at heart

 

[Fenton Lum]

But, but, but Trump and his team are financial geniuses who have no interest but that of 'the people' at heart

I can just feel the deals now.

 

[JakeStarkey]

Trump is already failing since the election. His opinions and his appointees and nominees are coupled with the Washington swamp in which he is happily swimming. The massive Big Government spending bills with reduced taxes will lead to over evaluation as it did before 1929, 2000, and 2008.

But . . . for savvy folks, this will be an even bigger opportunity than the last one turned out for smart folks: plenty of capital, solid credit, and a quick eye will lead to great profit.

 

[Votto]

Crash system, put in left winged ideologue, wash, rinse, repeat.....

 

[Russ Alllah Gehry]

Crash system, put in left winged ideologue, wash, rinse, repeat.....

Post nonsense, wash, rinse, repeat

 

[TheDude]

Trump is already failing since the election. Similar to Trump was racist once he became a threat to win the election.

His opinions and his appointees and nominees are coupled with the Washington swamp in which he is happily swimming. Translated to mean his appointments were a flop before they were appointed.

The massive Big Government spending bills with reduced taxes will lead to over evaluation as it did before 1929, 2000, and 2008. If we don't see a major recession or depression that's an indicator the messenger is full of BS. Anyone care to take bets?

 

[Votto]

Trump is already failing since the election. Similar to Trump was racist once he became a threat to win the election.

His opinions and his appointees and nominees are coupled with the Washington swamp in which he is happily swimming. Translated to mean his appointments were a flop before they were appointed.

The massive Big Government spending bills with reduced taxes will lead to over evaluation as it did before 1929, 2000, and 2008. If we don't see a major recession or depression that's an indicator the messenger is full of BS. Anyone care to take bets?

Everyone can see it coming.

Obama was simply too black to fail, however. They needed another fall guy

 

[BluesLegend]

So long as Obama leaves I don't care. The world has had enough of that clown.

 

[Votto]

So long as Obama leaves I don't care. The world has had enough of that clown.

Dims desperately needed fall guy for the car that is about to go over the cliff.

 

[Dont Taz Me Bro]

Stick to the topic of the thread, please

 

[Dont Taz Me Bro]

A rate increase in 2017 was widely expected for some time now. Frankly, this is long overdue, but the Fed didn't have confidence in the current economy to absorb the increase. Apparently, now they do.

 

[Russ Alllah Gehry]

Latest job reports look good

 

[HereWeGoAgain]

Thank God!!! This will give my stocks a much needed boost after the damage barry caused.

 

[TheDude]

A rate increase in 2017 was widely expected for some time now. Frankly, this is long overdue, but the Fed didn't have confidence in the current economy to absorb the increase. Apparently, now they do.

Agreed. Plus they're looking at the stock market and saying enough is enough. Inflation etc. This was a wise move and I agree, it was LONG overdue. The rates have proved to be a band aid and over-estimated near all things valuable.

There needs to be a correction and sorry people, your home value is currently over-estimated by 10%, minimum. You'll see exactly that by the end of 2017.

 

[Preacher]

and instead of putting any blame on Obama, it will all fall on Trump.

Let it crash. That's what I think Trump should do. Let the banks crash the damn system,then break them up and start anew.

Donald Trump's Glorious Threat To Default On The National Debt Is Just The Conventional Wisdom