Trump's Stock Market is Cratering

[jc456]

I doubt that .. he'll deny a market downfall faster than he can say Clinton and pretend he never took any credit for record market levels.

hes a lying bitch, remember ??

Sure, but it's a narrative he's been using a lot. Comes down to the what he considers the core of his appeal. Being a successful businessman. I don't doubt he'll try, neither do I doubt that his supporters here will claim the same. But to convince anyone outside that group that he's not responsible will be a hard sell.

it's his economy. or is it obummer's. tell us. we don't really care, we like americans making money and doing well with their financials. you guys do not. you all are very anti american fks.

It's both. the difference is I, and I suspect Carbineer and Siete realize that the stock market and the economy transcends the presidency. It's complex and you can only exert a limited influence as president. So when there's a president who want's to own it, especially after a long period of sustained growth we think him foolish and Carbineer pointed this out by this OP.

I would say it's the policies the market looks for to do business. every lib was expecting the market to tank on his election win. and look where we are. the market is what the market is. the market takes its lead from the investors for the most part. they really like long term expectations and that will drive the market even more. when companies announce, the market reacts. it's what happened here. It isn't complex. it's quite simple.

What drives the market today is as it has in been in the past, earnings. The market doesn't care about who is president or his policies. Changes in regulations, monetary policy, goverment spending, and taxes have different effects on different sectors. The segment of government that effects the market the most is congress. not the administration because congress controls the purse strings of government. They make the laws that are the basis for regulations. They set the taxes which have a direct impact on earnings.

so why did you glorify the market as obummer's when Obummer was there and even under trump? disingenuous punk.

 

[hadit]

Say liberal, can you articulate how and why you've come to this conclusion? Or do we conclude you're desperate to criticize Trump, simply because you don't have a legitimate concern for pacifying your buttocks?

I think he was using sarcasm here. See unless you have been living under a rock, Trump has been boasting that the DOW was up x amount of points since he took office. He was the first president to emphasize that. The reason past presidents always have been weary to do that is that the market fluctuates. He wants to point out that when you take credit for positive news, one has to take credit for the negative.

/----/ Are you saying the market isn't up? And investors take profits at points causing it to fluctuate. That's why we trade options so you can protect your investments if they sell of without resorting to a trailing loss. (I'm not confusing you am I?)

No I'm saying that it's up for now but the market goes down too. And Trump has exposed himself by taking credit for the market, this means he will have to take credit for ALL the market does, not a good idea.

I doubt that .. he'll deny a market downfall faster than he can say Clinton and pretend he never took any credit for record market levels.

hes a lying bitch, remember ??

If that happens, how effective do you think your saying it over and over will be?

 

[BluesLegend]

No I'm saying that it's up for now but the market goes down too. And Trump has exposed himself by taking credit for the market, this means he will have to take credit for ALL the market does, not a good idea.

/-----/ Again you don't trade much do you? The market goes up and investors take profits along the way causing the prices to go down then at a point they see bargains and step back in.
Here is a yearly chart on Amazon. Note it's not a straight line going up, but little fits and starts goes up , sells off, goes back up higher, sells off, goes higher.
AMZN Interactive Stock Chart | Amazon.com, Inc. Stock - Yahoo Finance

I know it's not a straight line. I also know that in the longer term growth is always followed by sharp decline. I wouldn't claim the recent drop is that decline. I simply claim the decline will happen. When it does, which its likely to do in the next couple of years considering the average span of periods of growth, taking credit for the current market is politically stupid.

And the tax cut is a yuuuuge gamble. We are caught in a cycle of slow growth and no inflation. Our central bank is in the process of removing stimulus in "unwiding QE" (ie letting bonds owned by the Fed die of natl causes, and allowing the liquidity, i.e. paper money, created just vanish into thin air. Other central banks are not reducing stimulus as fast. IF inflation heats up faster with consumer spending, the Fed will KILL growth not just by withdrawing stimulus from QE2 but also raising rates even faster than they say they will.

Politicians don't necessarily create depressions, but they sure as hell can make them worse. 1929 was a perfect storm of a bubble market, poor political decisions and a central bank that had a bad economic policy.

High taxes that encourage government to waste OUR money is not a gamble?

Take your partisan bs and shove it. Here's a cyberclue. The Oranguton is better than even money to see a downturn before 20, and it's very possible a good case can be made that his actions will make it worse.
The risks of an economic 'hard landing' are rising in the US

that said, lower corporate taxes with no increase in deficits would be a good thing.

Seriously that's what you Dem's and libs embrace higher taxes more regulations more infringements on our freedom that's why nobody likes you people.

 

[Mikeoxenormous]

Bears make money.
Bulls make money.
Pigs get slaughtered.

Nobody ever went broke by leaving a little money on the table.

Were I still in the market I'd be tip-toeing out about now.
It's a bubble.

I have about $100,000 in cash, just in case the market does go down like it did in 1999(Bill Clintons recession) and 2007(Barney Frank, Chris Dodd and Maxine Waters recession). I am sure there will be plenty of bargain stocks at their lows, and when it recovers like it always does, I will have made even more..

 

[AntonToo]

Who knew that Trump owned the stock market?? .....

Dumbass Trumpsters last I checked.

 

[Rexx Taylor]

Say liberal, can you articulate how and why you've come to this conclusion? Or do we conclude you're desperate to criticize Trump, simply because you don't have a legitimate concern for pacifying your buttocks?

I think he was using sarcasm here. See unless you have been living under a rock, Trump has been boasting that the DOW was up x amount of points since he took office. He was the first president to emphasize that. The reason past presidents always have been weary to do that is that the market fluctuates. He wants to point out that when you take credit for positive news, one has to take credit for the negative.

There's another reason. Most Americans don't benefit from record stock market gains because they are either not invested in the stock market in any way or their investment is so small, that they hardly even notice any change in value.

Trumps has been taking credit for the booming stock market and his tremendous tax cut. Well, it's certainly been a bonanza for the Trump organization and his billionaire club that helps him run the goverment but for most Americans the market boom will be of little or no benefit and the tax cuts for the middle go away in a few years but not the cuts for Trump's billionaire club which are permanent.

dude every 401K benefits and that's more than half the country. why do you lie so fking much?

Didn't the stock market go down the toilet in the spring of 2009?...the stock market never came close to 20,000 within a year of the Obama caused recession

 

[Indeependent]

The market went down and my son made me some money.

 

[Mac1958]

234,000 jobs added, sweet. Job market called "excruciatingly tight", sweet. Futures way up, sweet.

Not good news for some, those hoping for the worst.

Why haven't partisans learned to stop this day-to-day market bullshit?

U.S. adds 234,000 private sector jobs in January, ADP says

Big picture: Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. But lately, ADP has been volatile. The firm’s estimate for December private payrolls was 104,000 more than the government data showed.

Economists think the trend in job growth will slow over time as the labor market has tightened but it is not expected to happen this month. Economists polled by MarketWatch expect the government’s report, to be released on Friday, to show that nonfarm payroll jobs jumped by 185,000 after rising by 148,000 in December.

What they are saying?: Mark Zandi, chief economist for Moody’s Analytics, said on CNBC that the data show the labor market is “excruciatingly tight.” He predicted the unemployment rate would drop from 4.1% into the mid 3% range.
.

 

[AntonToo]

234,000 jobs added, sweet. Job market called "excruciatingly tight", sweet. Futures way up, sweet.

Not good news for some, those hoping for the worst.

Why haven't partisans learned to stop this day-to-day market bullshit?

U.S. adds 234,000 private sector jobs in January, ADP says

Big picture: Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. But lately, ADP has been volatile. The firm’s estimate for December private payrolls was 104,000 more than the government data showed.

Economists think the trend in job growth will slow over time as the labor market has tightened but it is not expected to happen this month. Economists polled by MarketWatch expect the government’s report, to be released on Friday, to show that nonfarm payroll jobs jumped by 185,000 after rising by 148,000 in December.

What they are saying?: Mark Zandi, chief economist for Moody’s Analytics, said on CNBC that the data show the labor market is “excruciatingly tight.” He predicted the unemployment rate would drop from 4.1% into the mid 3% range.
.

who is hoping for bad economy?

GIve me a screen name.

 

[Mac1958]

234,000 jobs added, sweet. Job market called "excruciatingly tight", sweet. Futures way up, sweet.

Not good news for some, those hoping for the worst.

Why haven't partisans learned to stop this day-to-day market bullshit?

U.S. adds 234,000 private sector jobs in January, ADP says

Big picture: Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. But lately, ADP has been volatile. The firm’s estimate for December private payrolls was 104,000 more than the government data showed.

Economists think the trend in job growth will slow over time as the labor market has tightened but it is not expected to happen this month. Economists polled by MarketWatch expect the government’s report, to be released on Friday, to show that nonfarm payroll jobs jumped by 185,000 after rising by 148,000 in December.

What they are saying?: Mark Zandi, chief economist for Moody’s Analytics, said on CNBC that the data show the labor market is “excruciatingly tight.” He predicted the unemployment rate would drop from 4.1% into the mid 3% range.
.

who is hoping for bad economy?

GIve me a screen name.

Holy crap, I never have to name names.

That's one of the funnest parts of this place, people are very quick to self-identify for me.

Thanks.
.

 

[Cellblock2429]

At this moment, down almost 600 points since Friday.

My question is, why is Trump doing this? Who is he trying to harm?

/----/ President Trump to the rescue. After watching the Dow drop for two days, the president used his Magic Stock Market wand and reversed the market. Up 230 points so far.
Thank you Mr. President.

 

[AntonToo]

234,000 jobs added, sweet. Job market called "excruciatingly tight", sweet. Futures way up, sweet.

Not good news for some, those hoping for the worst.

Why haven't partisans learned to stop this day-to-day market bullshit?

U.S. adds 234,000 private sector jobs in January, ADP says

Big picture: Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. But lately, ADP has been volatile. The firm’s estimate for December private payrolls was 104,000 more than the government data showed.

Economists think the trend in job growth will slow over time as the labor market has tightened but it is not expected to happen this month. Economists polled by MarketWatch expect the government’s report, to be released on Friday, to show that nonfarm payroll jobs jumped by 185,000 after rising by 148,000 in December.

What they are saying?: Mark Zandi, chief economist for Moody’s Analytics, said on CNBC that the data show the labor market is “excruciatingly tight.” He predicted the unemployment rate would drop from 4.1% into the mid 3% range.
.

who is hoping for bad economy?

GIve me a screen name.

Holy crap, I never have to name names.

That's one of the funnest parts of this place, people are very quick to self-identify for me.

Thanks.
.

Yea? Because I got another take on what is going on here - you are full of shit.

There is a difference between people having bias and expecting bad economy under Trump and them HOPING for bad economy.

 

[Mac1958]

234,000 jobs added, sweet. Job market called "excruciatingly tight", sweet. Futures way up, sweet.

Not good news for some, those hoping for the worst.

Why haven't partisans learned to stop this day-to-day market bullshit?

U.S. adds 234,000 private sector jobs in January, ADP says

Big picture: Economists use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector. But lately, ADP has been volatile. The firm’s estimate for December private payrolls was 104,000 more than the government data showed.

Economists think the trend in job growth will slow over time as the labor market has tightened but it is not expected to happen this month. Economists polled by MarketWatch expect the government’s report, to be released on Friday, to show that nonfarm payroll jobs jumped by 185,000 after rising by 148,000 in December.

What they are saying?: Mark Zandi, chief economist for Moody’s Analytics, said on CNBC that the data show the labor market is “excruciatingly tight.” He predicted the unemployment rate would drop from 4.1% into the mid 3% range.
.

who is hoping for bad economy?

GIve me a screen name.

Holy crap, I never have to name names.

That's one of the funnest parts of this place, people are very quick to self-identify for me.

Thanks.
.

Yea? Because I got another take on what is going on here - you are full of shit.

There is a difference between people having bias and expecting bad economy under Trump and them HOPING for bad economy.

Sure, thanks.
.

 

[BluesLegend]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

 

[AntonToo]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

See, told you dumbass Trumpsters believe Trump owns the stock market.

 

[BluesLegend]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

See, told you dumbass Trumpsters believe Trump owns the stock market.

No idiot the OP a well known liberal claimed Trump did in this thread, pull your head out of your ass okay.

 

[AntonToo]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

See, told you dumbass Trumpsters believe Trump owns the stock market.

No idiot the OP a well known liberal claimed Trump did in this thread, pull your head out of your ass okay.

..but you just directly tied market to Trump's SOTU, as if nothing else is going on in this economy.

Maybe you should look in the mirror before finger pointing at someone else.

 

[BluesLegend]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

See, told you dumbass Trumpsters believe Trump owns the stock market.

No idiot the OP a well known liberal claimed Trump did in this thread, pull your head out of your ass okay.

..but you just directly tied market to Trump's SOTU, as if nothing else is going on in this economy.

Maybe you should look in the mirror before finger pointing at someone else.

No I just mocked the stupid shit OP liberal, here now let me mock you for being dumb as a post.

 

[BlackSand]

See, told you dumbass Trumpsters believe Trump owns the stock market.

So ... You think the OP of this thread is a "Trumpster" ... What gives you that idea nit-wit ...

.

 

[Cellblock2429]

Is the OP butthurt today after the markets rallied on president Trump's SOTU speech?

See, told you dumbass Trumpsters believe Trump owns the stock market.

/----/ Trump controls the stock market from the comfort of the Oval Office.