It's truly bizarre, right? I mean, he's not even close. Does he think we can't read?
It's truly bizarre, right? I mean, he's not even close. Does he think we can't read?Jesus you’re still not doing this right. I gave you the numbers. You still aren’t even close. For either president.
Yay. These always make for fun days on the trade desk...Dow Futures currently -1.77%, S&P -1.74%, Nasdaq -2.31. Looks like it'll be another day of winning.
It's truly bizarre, right? I mean, he's not even close. Does he think we can't read?
Fixed those percentages for you.If you're going to make a comparison to try to show something, you need to make sure you're using correct numbers based on the correct dates.
Obama's Full term vs. Strongman Trump's term so far:
-Obama: January 20 2009 - January 20 2017
7,949.09 -> 19,827.25 = 149.42% Increase
-Strongman Trump: January 20 2017 - December 5 2018
19,827.25 -> 25,027.07 = 26.22% Increase
Obama's term length equal to Strongman Trump's term length:
-Obama: January 20 2009 - December 3 2010
7,949.09 -> 11,382.09 = 43.18% increase
- Strongman Trump: January 20 2017 - December 5 2018
19,827.25 -> 25,027.07 = 26.22% increase
It's truly bizarre, right? I mean, he's not even close. Does he think we can't read?
It's truly bizarre, right? I mean, he's not even close. Does he think we can't read?
Under Obama workforce participation ticked down, under Trump it is ticking up and the measured unemployment is lower. I never once claimed Obama's numbers were fake. I think Obama did decently, I've expressed this numerous times on this forum, Trump is elevating things to the next level though.
Labor force participation rate today is identical to what it was for the last two years under Obama.
It's not worse, it's just not any better. Any other stats you'd like to make up?
If you're going to make a comparison to try to show something, you need to make sure you're using correct numbers based on the correct dates.
Obama's Full term vs. Strongman Trump's term so far:
-Obama: January 20 2009 - January 20 2017
7,949.09 -> 19,827.25 = 249.42% Increase
-Strongman Trump: January 20 2017 - December 5 2018
19,827.25 -> 25,027.07= 126.22% Increase
Obama's term length equal to Strongman Trump's term length:
-Obama: January 20 2009 - December 3 2010
7,949.09 -> 11,382.09 143.18% increase
- Strongman Trump: January 20 2017 - December 5 2018
19,827.25 -> 25,027.07 = 126.22% increase
IMO, the real test of of we think the current growth trend is going to continue in the market.
Where's the market going 1-2yrs out?
I do still think the macro trends trump the POTUS, but I certainly think confidence is waning and Trump's actions and policies will exacerbate the situation, not correct it.
The other fear is, if shit does hit the fan, is Trump a guy you feel well equipped to be able to navigate it? Can you imagine if Trump was president in 2008 and 2009?
I shudder. This is an easy economy to manage right now, he's not exactly knocking out of the park. What will happen when shit gets real? When is he ever handled a difficult situation well?
Yeah that's what happens when the U.S. has another country arrest the CFO of a Chinese company. It's pretty much the only topic of conversation here this morning.Market futures really shitting the bed this morning.
Since the 2016 presidential campaign, Donald Trump’s aides and advisers have tried to convince him of the importance of tackling the national debt.
Sources close to the president say he has repeatedly shrugged it off, implying that he doesn’t have to worry about the money owed to America’s creditors—currently about $21 trillion—because he won’t be around to shoulder the blame when it becomes even more untenable.
The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the national debt in the not-too-distant future. In response, Trump noted that the data suggested the debt would reach a critical mass only after his possible second term in office.
“Yeah, but I won’t be here,” the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.
No problem. It made his argument all the more potent anyway.Thank you.
I preordered my breadline ticket so my family and I should be okay
Yeah that's what happens when the U.S. has another country arrest the CFO of a Chinese company. It's pretty much the only topic of conversation here this morning.
Rising debt with an inverted yield curve be a harsh mistress.
Rising debt with an inverted yield curve be a harsh mistress.
Yay. These always make for fun days on the trade desk...
Kill me now.
On days like today and yesterday, do a lot of people buy, or sell? Or is it a mixture?
The savvy investor sees these days as good ones to buy, but a lot of people panic and sell which isn't a good idea. The smart thing to do is just hold and/or keep putting money in whenever you originally planned to since you can't time the market.