Trump Scoreboard - Marketwatch

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Bitek

Lifer
Aug 2, 2001
10,658
5,228
136
I see CNN agrees with me on the bond issue.

Dow plunges almost 700 points as bond fears haunt stocks

#MBMGA

Making the bond market great again.

Makes me feel better I did a small rebalancing on the little rebound we had.
 
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Vic

Elite Member
Jun 12, 2001
50,415
14,307
136
The main characteristics of the Trump recession will be rising interest rates and inflation.
No worries, the OP's precious $85 tax windfall will cover it.
 
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Reactions: darkswordsman17

Bitek

Lifer
Aug 2, 2001
10,658
5,228
136
Budget Deal Would Assure Permanent Trillion-Dollar Deficits


Elect the King of Debt and what do you expect? Remember it was Republicans who said deficits don't matter, and tax cuts pay for themselves.

Who thinks the temporary "middle class" portion of the tax desk will get extended?

Save those $1.50s folks, you need them for those looming high interest rates and cuts to SS and Medicare.



How was Obama doing? After the massive cleanup needed after W, deficits were rapidly falling y/y.

Obama and Boner never closed the grand bargain, which would have made historic cuts to entitlements and raised federal taxes on the wealthy to a tune of $4T.
Instead we got Sequestration. Falling deficits, but not a long term fix. Thanks Tea Party.

The new Budget Deal will kill that.


 
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Bitek

Lifer
Aug 2, 2001
10,658
5,228
136
Dow closes down another staggering 1032 pts.

All 2018 gains for S&P and Dow have been wiped out.
 

Thebobo

Lifer
Jun 19, 2006
18,592
7,673
136
I was watching the ticker my god can they get rid of the machines? Like a 100 point jump in a blink of the eye.
 

zinfamous

No Lifer
Jul 12, 2006
110,810
29,564
146
Hey, remember how Trump's entire lifelong business model is:

"Borrow other people's money, fail spectacularly, declare bankrupty, win other people's money, sue if necessary, repeat!"?

You Trump supporters remember that? ...I'm not so much talking about the market, just this nonsense with the bullshit tax plan making the country poorer and this GOP refusal to pass a budget that doesn't plunge us into a permanent hole.

You own this, republicans.
 

Thump553

Lifer
Jun 2, 2000
12,726
2,501
126
I've been in this business for 7 years now and it's never been harder to figure out why markets are doing what they are doing than the last year and a half or so. It's not as "rational" as it used to be.
I'm no expert but it seems pretty similar to me to the late summer of 2008-just before the wheels really came off, when the market seemed to be bouncing around a lot with a lot of volume and volatility. Then, like now, all the "experts" were talking about it being a simple correction and it was inevitable the prices would continue to rise forever.

But that can't happen now, as Trump has already borrowed to the hilt to fund the tax giveaway and he has made substantial steps towards gutting Dodd Frank and the consumer protection laws. Nothing to worry about, MAGA.
 

alien42

Lifer
Nov 28, 2004
12,668
3,067
136
let the trade wars begin (with trump's metals tariffs announced today) and the market is loving it....

 

realibrad

Lifer
Oct 18, 2013
12,337
898
126
The main characteristics of the Trump recession will be rising interest rates and inflation.
No worries, the OP's precious $85 tax windfall will cover it.

Why would Trump be responsible for inflation?
 
Mar 11, 2004
23,177
5,641
146
Guys, I just figured it out, Turmp wants to borrow and people said, well that makes sense when the economy is in the shitter, so he figured he'd put the economy in the shitter so that his borrowing would then make sense!
 
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