The stock market is on pace for its worst December since the Great Depression

[Manonthestreet]

Happy as hell....record yr income wise and next yr will top that......

 

[bendog]

I'll take this "depression" over Obamas new normal anyday

Of course you would. Because you are retarded.

At this point in Obama's presidency, the Dow had increased 44.6 percent.

For Daffy Donald, it has increased a piddling 20.4 percent.

Trump is literally not even half the man Obama was.

Is the stock market the only economic indicator....or just the cherry picked one of the day ....

Bloomberg - Are you a robot?

Bloomberg - Are you a robot?

 

[g5000]

I'll take this "depression" over Obamas new normal anyday

Of course you would. Because you are retarded.

At this point in Obama's presidency, the Dow had increased 44.6 percent.

For Daffy Donald, it has increased a piddling 20.4 percent.

Trump is literally not even half the man Obama was.

Is the stock market the only economic indicator....or just the cherry picked one of the day ....

 

[TheDude]

A. The market is inflated.

B. The market is up 300 points so far today.

C. Proguesses are desperate and have difficulty tolerating Trump's success to-date. Hence this thread.

D. Dems. will control the House and they cannot be trusted. Did you know the economy didn't show improvement on Obama's watch until after the Republicans had taken the house? Thoughts to ponder.

 

[g5000]

Did you know the economy didn't show improvement on Obama's watch until after the Republicans had taken the house?

A brazen lie.

How DO you stand yourself?

 

[g5000]

It's coming. Exactly as I predicted it would.

The tards will suddenly notice Trump's record spending and the doubling of the deficit of the past two years and blame it on the Democrats once the Dems take the House.

These tards can't help themselves. They literally cannot stop themselves.

Sad.

 

[McRocket]

Leftists always cheering for low stock market.

Last year's Trump record of having the stock market up for every month of the year must have hurt like hell.

Leftists cheer when stock market goes down now. Righties cheered when stock markets went down under Obama.

So what? It's called partisan politics.

Are you just waking up to this?

The markets didn't go down under Obama. Obama's stock market was an unbroken line going up. He never even had a "correction". Markets thrive in steady stewardship and stability and Obama provided that.

Conversely, erratic behaviour and an inability to discern domestic policy, upsets the markets and people look for safer places to put their money. Trump's trade war has done just that.

Well, to be fair, there were several, official 'corrections' (a 10% drop from the 52 week high) in the DOW when Obama was in office.

Dow Jones Industrial Average | 2018 | Data | Chart | Calendar | Forecast

But 2018 under Trump has been extremely volatile.

Much of that is Trump's fault with his tariff nonsense plus his overall erratic behavior/legal problems.

But the Fed raising rates has a LOT to do with it as well.

So I see your point and generally agree with it - but it's not ALL Trump's fault.

 

[theHawk]

Yup, the market is in shock that they can’t freely use Chinese slave labor and shit on the environment and put American workers out of jobs just to make profit.

If you want jobs in America and higher wages, you’d be for tariffs against third world shitholes. Funny how Dems used to claim they were for this, now when it comes time to support the policy, they are against American workers.

China doesn’t pay the tariffs
Consumers do

Only if they chose to. Companies that make their stuff in the USA will be able to compete. Do you want that or no?

Consumers will still foot the bill with higher prices

Yea, the price you have to pay for not using slave labor.

We know where you would had stood in 1861.

Doesn't change the marketplace

Our labor rates are not even close. Any tariff will be passed on to consumers in higher prices

No shit. We can flood the market with cheap foreign made crap and put everyone out of jobs as we have for decades, or be more like Europe and use tariffs to protect our industries and jobs.

 

[PredFan]

Lets see now...where was the market at when Trump took over? The market allways goes through a correction and it's been on fire lately.

Shut up losers.

So being flat all year is on fire? Way to be uninformed.

What makes you say such stupid shit? Is it because you don’t read the posts you respond to? Or is it that you really can’t read well?

 

[Brain357]

my god souplines must be everywhere

And if this happened on Obama's watch - you would undoubtedly be calling it terrible.

Obviously no soup lines everywhere.

But if you want your manchild to be re-elected...you better hope to God this is not the beginning of bad times. Trump is at 40% in the respected polls with a 'great' economy. With a bad one - he will nose dive.

Yeah, notice how no one on the right ever talks about the “real” unemployment rate anymore, or the record high number of folks out of the labor force, or the participation rate, or the deficit, etc...

Yes labor force participation rate is pretty much unchanged since Obama....

 

[Brain357]

I'll take this "depression" over Obamas new normal anyday

Of course you would. Because you are retarded.

At this point in Obama's presidency, the Dow had increased 44.6 percent.

For Daffy Donald, it has increased a piddling 20.4 percent.

Trump is literally not even half the man Obama was.

Is the stock market the only economic indicator....or just the cherry picked one of the day ....

Economic growth predictions are pretty low for the 4th quarter..

 

[NotfooledbyW]

Manonthestreet, post: 21408671

one qtr......lets use whole record eh...……...after 8 yrs.....LLMMAAOOO......why does Bloomberg think current situation is disconnected from reality...haven't seen lib touch that one...inconvenient facts and all

We can compare Trumpo’s best quarter (4.1) to Obama’s (4.6) because Obama wins that handily.

Trump won’t make it eight years for that kind of comparison, but it is fairly well projected right now that Trumpo will not beat Obama’s record on GDP within the next two years.

So you are nuts to claim that Trumpo's is economy is so much better than Obama’s.

 

[Brain357]

A. The market is inflated.

B. The market is up 300 points so far today.

C. Proguesses are desperate and have difficulty tolerating Trump's success to-date. Hence this thread.

D. Dems. will control the House and they cannot be trusted. Did you know the economy didn't show improvement on Obama's watch until after the Republicans had taken the house? Thoughts to ponder.

Dow is down right now.

 

[Brain357]

Lets see now...where was the market at when Trump took over? The market allways goes through a correction and it's been on fire lately.

Shut up losers.

So being flat all year is on fire? Way to be uninformed.

What makes you say such stupid shit? Is it because you don’t read the posts you respond to? Or is it that you really can’t read well?

You must have a strange definition of lately....

 

[bendog]

It's coming. Exactly as I predicted it would.

The tards will suddenly notice Trump's record spending and the doubling of the deficit of the past two years and blame it on the Democrats once the Dems take the House.

These tards can't help themselves. They literally cannot stop themselves.

Sad.

Pelosi will be to blame beginning in Feb 2019

but it does give the dems to campaign as the adult party in 20. Even if they don't take the senate, a definitive popular and electoral win would give them a mandate to force tax concessions.

 

[Brain357]

It's coming. Exactly as I predicted it would.

The tards will suddenly notice Trump's record spending and the doubling of the deficit of the past two years and blame it on the Democrats once the Dems take the House.

These tards can't help themselves. They literally cannot stop themselves.

Sad.

They have been blaming it on the deep state now. The republicans have full control and mess everything up so they made up the deep state to blame. Pretty funny.

 

[g5000]

Lets see now...where was the market at when Trump took over? The market allways goes through a correction and it's been on fire lately.

Shut up losers.

By "on fire", you mean "burning to the ground".

 

[g5000]

Lets see now...where was the market at when Trump took over?

The Dow is 20 percent higher now from when Trump took over.

At this point in Obama's presidency, the Dow was 44 percent higher.

Drumpf is literally not even half the man Obama was.

 

[deanrd]

So tired of all this winning.

Two benchmark U.S. stock indexes are careening toward a historically bad December.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.

The stock market is on pace for its worst December since the Great Depression

I know. Since 1931.

And Republicans were complaining that eight years of steady growth under Obama weren't enough.

With Republicans controlling the entire government, they can't possibly blame this on Obama.

But they'll try.

They'll say it's because Democrats are going to take over the house. That must be it.

 

[deanrd]

Leftists always cheering for low stock market.

Last year's Trump record of having the stock market up for every month of the year must have hurt like hell.

Leftists cheer when stock market goes down now. Righties cheered when stock markets went down under Obama.

So what? It's called partisan politics.

Are you just waking up to this?

The markets didn't go down under Obama. Obama's stock market was an unbroken line going up. He never even had a "correction". Markets thrive in steady stewardship and stability and Obama provided that.

Conversely, erratic behaviour and an inability to discern domestic policy, upsets the markets and people look for safer places to put their money. Trump's trade war has done just that.

Well, to be fair, there were several, official 'corrections' (a 10% drop from the 52 week high) in the DOW when Obama was in office.

Dow Jones Industrial Average | 2018 | Data | Chart | Calendar | Forecast

But 2018 under Trump has been extremely volatile.

Much of that is Trump's fault with his tariff nonsense plus his overall erratic behavior/legal problems.

But the Fed raising rates has a LOT to do with it as well.

So I see your point and generally agree with it - but it's not ALL Trump's fault.

Well, if he takes credit for ALL of it, then it's ALL Trump's fault when there's problems. That's how it works.