Trumps bleak economic future.

[Jim in CT]

The day after the election, Paul Krugman (a Nobel Prize winning, and therefore Marxist, economist) said the US financial markets would never recover form a Trump presidency. Much speculation, no one can know for sure.

Interest rates have nowhere to go but up.

Many feel the stock market is unjustifiably high and ripe for a correction (that goes back to the Obama era)

Many feel there that federal and state levels of unfunded debt are going to trigger the next recession.

Countering that, are many business leaders, who are confident that we have an administration, and a Congress, that are much friendlier to business than any in recent memory. That may, MAY, instill large companies with the confidence to invest in growth.

Also, Trump has promised (who the hell knows if he will keep said promise) to modify trade relations in our favor.

Many, many unknowns. Me personally, I am betting on the market to rise, but I have strict stop-loss protections to get out early if/when things head south.

[Ian]

Originally Posted by Jim in CT

The day after the election, Paul Krugman (a Nobel Prize winning, and therefore Marxist, economist) said the US financial markets would never recover form a Trump presidency. Much speculation, no one can know for sure.

Interest rates have nowhere to go but up.

Many feel the stock market is unjustifiably high and ripe for a correction (that goes back to the Obama era)

Many feel there that federal and state levels of unfunded debt are going to trigger the next recession.

Countering that, are many business leaders, who are confident that we have an administration, and a Congress, that are much friendlier to business than any in recent memory. That may, MAY, instill large companies with the confidence to invest in growth.

Also, Trump has promised (who the hell knows if he will keep said promise) to modify trade relations in our favor.

Many, many unknowns. Me personally, I am betting on the market to rise, but I have strict stop-loss protections to get out early if/when things head south.

So if things go wrong, it's obamas fault... I like this game, it's fun
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Ian

So if things go wrong, it's obamas fault... I like this game, it's fun
Posted from my iPhone/Mobile device

Please read my post again, and tell me where I said anything was Obama's fault. I said (correctly) that some people were concerned that during Obama's presidency, the stock market increased unjustifiably. The concern is that artificially low interest rates, and massive buying back of bonds (quantitative easing) caused an artificial increase.

Trump wasn't president when those policies were enacted. That is a fact.

[Got Stripers]

I wouldn't be surprised at all based on the inability to get much done to date, Trump care isn't going anywhere. Looks like Trump is going to move on to tax reform to see if he can win at something, so far it's no travel ban, no wall, no repeal and replace.

Thankfully on a scale of 1 to 10, I'm invested at a level of risk at 3, so my exposure isn't going to kill my retirement planning.

[buckman]

Originally Posted by Got Stripers

I wouldn't be surprised at all based on the inability to get much done to date, Trump care isn't going anywhere. Looks like Trump is going to move on to tax reform to see if he can win at something, so far it's no travel ban, no wall, no repeal and replace.

Thankfully on a scale of 1 to 10, I'm invested at a level of risk at 3, so my exposure isn't going to kill my retirement planning.

He's helped you so far and it's only been 50 days
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by buckman

He's helped you so far and it's only been 50 days
Posted from my iPhone/Mobile device

Stop posting facts unless they support liberalism.

The first time Obama pushed Obamacare, it died. The democrats went home to try and sell it to their constituents, and everyone hated the idea. Was it that long ago that I'm the only one who remembers?

That said, I think they were stupid to lead with healthcare. It's too important to try and rush it through, take 6 months or a year to get it right, and in the meantime go for low hanging fruit that most people endorse, like paid family medical leave and tax credits for childcare.

[Justfishin']

Originally Posted by Jim in CT

Interest rates have nowhere to go but up.


Countering that, are many business leaders, who are confident that we have an administration, and a Congress, that are much friendlier to business than any in recent memory. That may, MAY, instill large companies with the confidence to invest in growth.

Also, Trump has promised (who the hell knows if he will keep said promise) to modify trade relations in our favor.

.

As long the business leaders invest in the countries growth and not their own, we, as a country can get on track and out of debt. I'm hoping that Trump keeps his word on hitting companies that send their work offshore with heavy tariffs.