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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
12-24-2018, 01:50 PM
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#1
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,384
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Trump tanks the markets
Dow dives 600 points to below
Seems his latest tweet storm was an epic fail.
The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t p
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12-24-2018, 02:10 PM
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#2
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Registered User
Join Date: Jul 2008
Posts: 20,441
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cnbc says it’s because secretary munchin hinted banks weren’t as solvent as they need to be, and that investors are worried about increasing rates. i’m sure you know better, it’s all trumps fault. would
you feel better about a market crash if trump did it?
his tweet was pathetic. it didn’t cause the market to drop, the market already knows he’s a baby.
Posted from my iPhone/Mobile device
Last edited by Jim in CT; 12-24-2018 at 02:16 PM..
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12-24-2018, 02:27 PM
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#3
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,384
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Quote:
Originally Posted by Jim in CT
cnbc says it’s because secretary munchin hinted banks weren’t as solvent as they need to be, and that investors are worried about increasing rates. i’m sure you know better, it’s all trumps fault. would
you feel better about a market crash if trump did it?
his tweet was pathetic. it didn’t cause the market to drop, the market already knows he’s a baby.
Posted from my iPhone/Mobile device
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who is munchin boss and who caused muchin to feel the need to make Those call’s. Hint. Trump
The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close)
Posted from my iPhone/Mobile device |
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12-24-2018, 02:37 PM
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#4
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Registered User
Join Date: Jul 2008
Posts: 20,441
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i don’t know why munchin was concerned about liquidity. my point is that trumps tweets did not do this, and you claimed they did.
as of right now, our economic fundamentals are solid. unemployment is low, corporate profits are sound, retailers had a good black friday and cyber monday. the market is reacting to concerns of global stability, global growth, interest rates, ninenif which trump controls. husbtariffs have not helped, he deserves criticism for that. and a recession is coming, that’s inevitable.
today’s sell off isn’t trumps fault, except i guess that he appointed the fed chairman who likes raising rates. his tweets had nothing to do with it. sorry if that fails to fuel your narrative.
Posted from my iPhone/Mobile device
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12-24-2018, 04:43 PM
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#5
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,408
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Have a good holiday everyone
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Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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12-24-2018, 05:08 PM
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#6
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Registered User
Join Date: Jul 2008
Posts: 20,441
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What about the tsunami in Indonesia? Are we going to let Trump off the hook for that? I saw him breathing today. You know who else liked to breathe? Hitler!
RIrockhound, isn't what you did, whataboutism? Kidding, as I think it's fair to point out things that others said. Trump was an azz to tweet that, anyone who would say the same thing today, is being equally asinine. He's not causing all of the market fluctuations, only what's caused by tariffs, that's his doing.
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12-24-2018, 06:18 PM
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#7
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,384
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Quote:
Originally Posted by Jim in CT
sorry if that fails to fuel your narrative.
Posted from my iPhone/Mobile device
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not my Narrative about every money site on the internet
he rode the stock market pony at all his rallies taking credit whenever possible
all because Trump can't handle the heat .. Trump then talked about firing the fed chief and then cried to Mnuchin who tried to slow the market fall
if you dont think Trump's WORDS cant cause these market fluctuations you haven't been paying attention ... their are reasons why past POTUS try to be specific when they speak ... so their intention are not misunderstood...
Trump isn't that kind of President... or that kinda of administration sorry |
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12-24-2018, 06:18 PM
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#8
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,629
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Keep on winning🤮
Posted from my iPhone/Mobile device
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12-24-2018, 06:21 PM
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#9
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by wdmso
not my Narrative about every money site on the internet
he rode the stock market pony at all his rallies taking credit whenever possible
all because Trump can't handle the heat .. Trump then talked about firing the fed chief and then cried to Mnuchin who tried to slow the market fall
if you dont think Trump's WORDS cant cause these market fluctuations you haven't been paying attention ... their are reasons why past POTUS try to be specific when they speak ... so their intention are not misunderstood...
Trump isn't that kind of President... or that kinda of administration sorry
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show me a link from a finance site, which says that his stupid tweet triggered a sell off.
i didn’t say his words “can’t” cause a selloff (once agin, responding to something i never said). i said that in this case, it wasn’t his words. it was concern about banks and interest rates.
Posted from my iPhone/Mobile device |
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12-24-2018, 06:46 PM
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#10
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,384
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Quote:
Originally Posted by Jim in CT
show me a link from a finance site, which says that his stupid tweet triggered a sell off.
i didn’t say his words “can’t” cause a selloff (once agin, responding to something i never said). i said that in this case, it wasn’t his words. it was concern about banks and interest rates.
Posted from my iPhone/Mobile device
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here the start
https://www.washingtonexaminer.com/o...be-the-economy
The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close). This guy is wrecking the economy in real time.
all this and they closed at 1pm
it must be hard to see the world in black or white / win or lose
and be unable to see Gray |
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12-24-2018, 07:14 PM
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#11
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by wdmso
here the start
https://www.washingtonexaminer.com/o...be-the-economy
The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close). This guy is wrecking the economy in real time.
all this and they closed at 1pm
it must be hard to see the world in black or white / win or lose
and be unable to see Gray |
He made a stupid tweet. And the market tanked. Doesn't mean one caused the other, and if it matters, a lot of people agree that the fed is getting ahead of itself with rate hikes. There is a huge likelihood that the markets would be higher, if the fed wasn't as aggressive with rate hikes.
Please tell me what I said, which is wrong...
if idiotic tweets caused the market to drop 600 points, how was the market up so much in 2017? Was he restrained and mature in 2017? Nope. |
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12-24-2018, 07:30 PM
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#12
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User
Join Date: Jun 2012
Location: Cape Cod
Posts: 5,517
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Trump sucks...
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12-24-2018, 07:48 PM
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#13
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,429
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Quote:
Originally Posted by RIROCKHOUND
Have a good holiday everyone
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Hysterical
I can’t believe people believe him and then support him
In the past week his past tweets have said he should be fired several times
Posted from my iPhone/Mobile device |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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12-26-2018, 04:23 PM
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#14
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Registered User
Join Date: Jul 2008
Posts: 20,441
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wdmso, the markets were way up today. so since you blamed trump for monday’s shellacking, do you give him credit for today’s rebound? or in your opinion, is he only responsible when it goes down?
good time to buy.
Posted from my iPhone/Mobile device
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12-26-2018, 06:20 PM
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#15
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,697
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Quote:
Originally Posted by Jim in CT
wdmso, the markets were way up today. so since you blamed trump for monday’s shellacking, do you give him credit for today’s rebound? or in your opinion, is he only responsible when it goes down?
good time to buy.
Posted from my iPhone/Mobile device
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Trump left the country and the markets bounced. Let’s see them tank again when he comes back. 
Posted from my iPhone/Mobile device |
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12-26-2018, 07:36 PM
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#16
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Registered User
Join Date: Dec 2002
Posts: 8,718
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Guys, stfu and take a break. It can wait.
Posted from my iPhone/Mobile device
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12-27-2018, 12:53 PM
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#17
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,697
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Quote:
Originally Posted by Nebe
Trump left the country and the markets bounced. Let’s see them tank again when he comes back.
Posted from my iPhone/Mobile device |
Trump is baaaack and market is doooowwwwnn bigly today. 
Posted from my iPhone/Mobile device |
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