America under President Trump

[?Impact]

14 minutes ago, bush_cheney2004 said:

If Trump can't claim credit for record highs, then he can't be blamed for sell offs either.

Trump claims credit for highs continually, so yes he is 100% responsible for this loss and all the more because it was his tax plan speech that caused it and that is proven by the fact that 500 of those points occurred during it.

[bush_cheney2004]

1 hour ago, ?Impact said:

Trump claims credit for highs continually, so yes he is 100% responsible for this loss and all the more because it was his tax plan speech that caused it and that is proven by the fact that 500 of those points occurred during it.

 

Nonsense....a sell off was expected and desired to cool off over-bought conditions and inflated P/Es....planned interest rate hikes and inflation have far more impact than your hatred of Donald Trump in another country.

Edited February 5, 2018 by bush_cheney2004

[Omni]

1 hour ago, bush_cheney2004 said:

 

Nice try.....as a total percentage of the indexes, today's sell off barely counts as a fully expected "correction".  

If Trump can't claim credit for record highs, then he can't be blamed for sell offs either.

Don't worry, he can take credit for stuffing the pockets of already wealthy corporations, and then for jacking your debt through the roof. Yeah for your hero!

[OftenWrong]

3 hours ago, bush_cheney2004 said:

 

Nonsense....a sell off was expected and desired to cool off over-bought conditions and inflated P/Es....planned interest rate hikes and inflation have far more impact than your hatred of Donald Trump in another country.

Markets are falling essentially because they have skyrocketed non-stop since November 2016. Financial analysts know this cannot continue, it is in itself dangerous and a correction is better to happen sooner than later. But as I understand it, a "correction" is a 10% drop, while a "bear" is a 20% drop. As of today this has barely approached that of a correction. A of today it has not yet reached the 10% mark.

This is why the Dow is plunging (CNN.Money)

A market correction could be just what investors need (CNBC Investing)

 

Edited February 6, 2018 by OftenWrong
just the facts

[Cum Laude]

On ‎2‎/‎5‎/‎2018 at 3:27 PM, ?Impact said:

The largest stock market single day drop in history - that is history, including the great depression.

Thank you Donald Trump for your leadership.

This feels like a warning shot to me. A preview of coming attractions if you will. The Wall St sector telling anyone who will listen that they have the power to continue the party and they have the power to taketh the punch bowl away. For most of the baby boom generation this is “real money,” since their putative retirement money is tied up in the undecipherable financial circuses and inflated home prices. Were either or both of those markets to collapse, we’d hear unprecedented wailing and gnashing of teeth, as the tide would go out on their collective American Dreams, revealing only the rusted and decaying flotsam and jetsam underpinning what is actually the great American scam. The Fed is purely a monkey on string, if you will, being manipulated by persons whose identities and purposes (other than profit taking of course) are not precisely known at this time. No intel on whether that monkey also flies just yet, but I’ll let you know if I find out anything.

[?Impact]

Another 1000 point drop in the Dow, this is twice in a single week. Trump is sure good for the economy.

[bush_cheney2004]

On 2/8/2018 at 3:49 PM, ?Impact said:

Another 1000 point drop in the Dow, this is twice in a single week. Trump is sure good for the economy.

 

He sure is.....U.S. stock market has done far better under Trump than Canada's has under Trudeau's "sunny ways":

Quote

Look at a two-year chart tracking the Dow, the S&P 500 and the TSX. 

If you're on a mobile device and it's too tiny all you need to know is the TSX is lagging.

Badly.

http://www.cbc.ca/news/business/canada-stock-market-performance-laggard-1.4526473

[Omni]

4 minutes ago, bush_cheney2004 said:

 

He sure is.....U.S. stock market has done far better under Trump than Canada's has under Trudeau's "sunny ways":

http://www.cbc.ca/news/business/canada-stock-market-performance-laggard-1.4526473

And the US market did much better under Obama than it has under Trump. How come, I thought he was supposed to be a business guru?

[Omni]

Has Rob Porter stopped beating his wives yet? Doesn't seem to matter to his (ex) boss.

http://www.weeklystandard.com/white-house-watch-about-rob-porters-sudden-resignation/article/2011499

[bush_cheney2004]

The Canadian economy  just isn't getting it done with Trudeau's policies....and Canadians know that Trump is making far more of a difference in his country.

 

Quote

Analysis

Why the Canadian stock market is performing so poorly compared to the U.S. market

TSX didn't benefit from the Trump bump and overseas investors don't see much opportunity here

http://www.cbc.ca/news/business/canada-stock-market-performance-laggard-1.4526473

 

I bet the majority of Canadian RRSPs are invested more in the U.S. market than in Canada's.

Edited February 9, 2018 by bush_cheney2004

[Omni]

Interesting split screen, as Trump flogs how good his tax plan is for the economy, the other side shows the DJ plunging over a thousand.

http://money.cnn.com/2018/02/07/investing/trump-stock-market-response/index.html

[Queenmandy85]

I am wondering if the American political scene would be that much different if Secretary Clinton had won. The government paralysis would still be there but the tone would be different. I do believe, President Trump has a better chance of surviving his term than Secretary Clinton.

[Omni]

2 hours ago, Queenmandy85 said:

I am wondering if the American political scene would be that much different if Secretary Clinton had won. The government paralysis would still be there but the tone would be different. I do believe, President Trump has a better chance of surviving his term than Secretary Clinton.

I wonder if it would be in a state of paralysis. That different tone may have been enough to avoid that. She was certainly more popular.

[Omni]

Kelly supports Rob Porter as he leaves, Sorenson is out, and it looks like Kelly himself might be about to get turfed. They must have to oil the hinges on the WH exit doors often.

 

https://www.washingtonpost.com/news/the-fix/wp/2018/02/09/is-this-the-end-for-john-kelly/?utm_term=.33b07f32ef7d

[Queenmandy85]

12 minutes ago, Omni said:

I wonder if it would be in a state of paralysis. That different tone may have been enough to avoid that. She was certainly more popular.

I doubt a GOP majority in the House and Senate would let her get anything passed. The hatred her opponents had for her was far deeper than the support from her own party. Losing the election may have saved her life.

Edited February 10, 2018 by Queenmandy85

[Omni]

2 minutes ago, Queenmandy85 said:

I doubt a GOP majority in the House and Senate would let her get anything passed. The hatred her opponents had for her was far deeper than the support from her own party. Losing the election may have saved her life.

She wouldn't have been my choice to run...too much baggage, valid or not. But the GOP controls both houses and the WH and they still can't get anything much passed. Other than the tax plan which I expect will turn out to be a disaster in terms of how it affects the debt.

[Boges]

Military Parades? 

I guess he was upset his administration didn't look enough like a tin pot dictatorship. 

He almost has a full card in Authoritarian Bingo. 

Edited February 10, 2018 by Boges

[bush_cheney2004]

"Dreamers" (illegal immigrants) are turning on the Democratic leadership for using them as pawns and leverage.   Lacking majority power in Congress or the presidency, the Democrats have put the substance of immigration reform far behind maintaining what little power they actually have.

Americans saw through this charade during the government shutdowns, and now individual "Dreamers" are going public with their disgust.    Rep. Pelosi was hammered last year by a group of "Dreamers" who interrupted her at a news conference to declare that they don't owe Democrats anything.

When Democrats had control of Congress and the presidency, they did next to nothing for "Dreamers".    DACA was just an illegal Band-Aid.

 

Quote

Perhaps the Dreamers and other illegal immigrants are more useful to the Democrats as tools of virtue signaling and electoral mobilization than they are as legal permanent residents in a country where the border is protected and laws are enforced. However, if my cynical interpretation is correct, then the Democratic strategy may backfire. I can think of one recent national campaign where immigration was central. It did not end in Democratic victory.

http://www.nationalreview.com/article/455425/democrats-2020-will-be-uphill-battle

 

[?Impact]

Like all responsible Presidents, Donald Trump surrounds himself with great advisors. According to Gloria Copeland, a member of his advisory board, there is "no such thing as flu season" because "Jesus himself gave us the flu shot". She wants to murder tens of thousands of Americans by stopping them from getting the flu shot.

[Boges]

I guess all that self satisfaction and indignation with Franken and Weinstein stories have evaporated with Steve Wynne and Rob Porter. 

[bush_cheney2004]

3 hours ago, Boges said:

I guess all that self satisfaction and indignation with Franken and Weinstein stories have evaporated with Steve Wynne and Rob Porter. 

 

Not yet....bagging a sitting U.S. senator earns more points.

[?Impact]

1 hour ago, bush_cheney2004 said:

Not yet....bagging a sitting U.S. senator earns more points.

Bagging a President is even more.

[Boges]

Sooooo Trump's lawyer said he paid Storme Daniels $130,000 out of his own pocket without Trump's knowledge. 

So either Daniels was trying to extort Trump or his lawyer is an idiot. OR!!!!! this is a total lie and Trump instructed his lawyer to pay off a Porn Star. 

Edited February 14, 2018 by Boges

[bush_cheney2004]

8 minutes ago, Boges said:

....So either Daniels was trying to extort Trump or his lawyer is an idiot. OR!!!!! this is a total lie and Trump instructed his lawyer to pay off a Porn Star. 

 

Soooooo......lots of people pay porn stars !

[Boges]

I'm sure Obama did it all the time.