I guess if cheeto can't fire the Fed, he'll get pissed and take it out on Mnuchin or the likes:
https://www.cnn.com/2018/12/25/politics/steven-mnuchin-trump/index.html
wow--you have 3 retirement accounts, Mr. always-wealthy person????
/says 98% of the human world.
Dow popped +282 near open. Now -40. Right now, cheeto has everyone selling any rally.
I think this stuff will get the power people to turn on him faster than anything.
There has been a blindness his supporters have self imposed with respect to his immortality, illegality and incompetence, as long as he was getting the result they wanted.
Now, you start fucking with people's money?.... That will run out patience real quick.
Knives are being sharpened as we speak.
The buck never stops at Trump.I guess if cheeto can't fire the Fed, he'll get pissed and take it out on Mnuchin or the likes:
https://www.cnn.com/2018/12/25/politics/steven-mnuchin-trump/index.html
(I know, I was making a joke...I basically have 3-5 retirement accounts, depending on how you count....the point being that our complaints about our retirement accounts temporarily dropping a few percentage points is kinda funny against the backdrop of the rest of humanity essentially having no money saved at all.)
I'm sure that cheeto will now brag that he had the largest one day gain on the Dow ever (over 1,000 points). Of course, that doesn't account for the other =4,000+ down (was -5,000+ down).
I'm sure that cheeto will now brag that he had the largest one day gain on the Dow ever (over 1,000 points). Of course, that doesn't account for the other =4,000+ down (was -5,000+ down).
As of now, Dow down about 380 but has been down by as much as 500+. Add Monday, Wednesday and today.....and we're basically break even for the week, which is actually pretty amazing considering the swings.
So as far as I can tell the Dow is down about 6% YTD. Since a rising index was a sign that Trump was doing a great job, presumably a falling index is a sign he’s doing a bad job.
Let me guess though spidey, it’s not because reasons.
No, the stock market hasn't been good lately. Some of it is due to Trump's actions, we're in a trade war. But, I think there is a long game there and I think we're all going to make a lot more money once a proper trade deal with China is hammered out... I'm happily buying low now (budget issues and a trade deal will happen sooner or later). The government shutdown doesn't help, but the Democrats who were happy to build walls and fences before suddenly think $5 billion is a number worth the government shutdown. Obstructionists will obstruct.
Haha so I guess you’re admitting the good stock trend is not ‘continuing or even accelerating under Trump’ was wrong?
And remember, this is after the sugar high of pumping billions into the stock market with debt financed corporate tax cuts for rich people. Think of all that money of yours he just flushed down the toilet. Doesn’t that make you angry?
At the time it was, it has pulled back recently. I'm sure the run will return, the problems right now are but bumps in the road. The Trump economy is still roaring.
At the time it was, it has pulled back recently. I'm sure the run will return, the problems right now are but bumps in the road. The Trump economy is still roaring.
We knew that if you came back you'd try this. "I'm not wrong, it's just a momentary setback! All hail Divine Leader Trump!"
Trump is directly responsible for this downturn. And there are now talks that this could lead to a recession in 2019. Why can't you grow a spine and accept that you were wrong? There's no shame in admitting mistakes and improving yourself from them.
If I was wrong I'd say so. The Trump tariffs are hardly being paid by Americans, we knew the moment that tariffs were implemented that there would be some ugliness before things got better. The Democrats are willing to shutdown the government over $5 billion because helping to secure our border and our country isn't worth that amount to them. We'll make it through their carelessness, but it'll take time.
If I was wrong I'd say so. The Trump tariffs are hardly being paid by Americans, we knew the moment that tariffs were implemented that there would be some ugliness before things got better. The Democrats are willing to shutdown the government over $5 billion because helping to secure our border and our country isn't worth that amount to them. We'll make it through their carelessness, but it'll take time.