Trump Scoreboard - Marketwatch

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Mai72

Lifer
Sep 12, 2012
11,578
1,741
126
Depends on if Wall Street funnels over to Main Street and kicks the economy in the nuts. CEO's #1 job is shareholder value....and if it's going down, given enough time, they will start cutting to push the stock price up. Cuts turn into gashes and next thing you know, the patient (economy) is on life support. All of this become a self fulfilling prophesy.

Yep.

Check out the top stories on the US economy and you get anything from the economy is going to be great in 2019 to doomsday. lol. We still don't know and won't have any idea on the big picture until the sh*t hits the fan. By then, Trump will probably weasel his way out of office and blame the Dems.
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
Nasdaq down 23.6% from high. S&P down 19.5%. Market still trending down into close.

Market hates uncertainty...and the clown in DC provides that in buckets.
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
Dow up 9.5% since cheeto took office. 1.5 Trillion in tax cuts, most going to business and business buying over 1 TRILLION in buybacks this year alone....for an awesome 4.75% (not even that on APR/APY basis). How's our 401k's now cheeto?
 

jman19

Lifer
Nov 3, 2000
11,222
654
126
Dow up 9.5% since cheeto took office. 1.5 Trillion in tax cuts, most going to business and business buying over 1 TRILLION in buybacks this year alone....for an awesome 4.75% (not even that on APR/APY basis).

It's actually really pathetic. Talk about blowing your wad - massive stimulus and this is what we get for it? Great businessman indeed.
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
S&P500 now in bear market. Worst Christmas Eve drop EVER!

Cheeto wants his name on everything...he and the full gop controlled government own this one (especially him though).
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
It's actually really pathetic. Talk about blowing your wad - massive stimulus and this is what we get for it? Great businessman indeed.

Not to mention blowing up the deficit much higher than expected.
 

jman19

Lifer
Nov 3, 2000
11,222
654
126
S&P500 now in bear market. Worst Christmas Eve drop EVER!

Cheeto wants his name on everything...he and the full gop controlled government own this one (especially him though).

No no no this isn't his fault. It's the Fed. And Democrats because of reasons.
 

Engineer

Elite Member
Oct 9, 1999
39,234
701
126
I've always heard that once you get the boulder rolling downhill, it's really tough to stop and it usually causes lots of damage on the way down. Today, we had China cut tariffs on 700 more items - result: down. We have reports that holiday shopping is better than expected - result: down. Tax cuts with a record 1 Trillion in buybacks - result: down.

Cheeto's fucked up policies and the gop's willingness to suck his cock and do whatever he wants has pushed the boulder over the edge and now, they are stupid enough (Mnuchin) to try stopping it by pushing it from the backside.
 

Paratus

Lifer
Jun 4, 2004
16,843
13,774
146
So I just checked my 401K



Good thing the wife and I are furloughed too.
 
Last edited:

Thump553

Lifer
Jun 2, 2000
12,726
2,501
126
Yeah apparently Trump's gameplan is to blame everything on the Fed. He has been having talks with his advisers regarding how to fire the Fed chairman. Apparently this financial wizard doesn't understand that the Fed is deliberately set up to be independent of political pressures specifically to protect us from a dingbat crazy as President that insists on surrounding himself with yes-men.

I'm changing the traditional saying of God Bless the USA to God save the USA.
 

esquared

Forum Director & Omnipotent Overlord
Forum Director
Oct 8, 2000
23,781
4,965
146
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