Trump Scoreboard - Marketwatch

[alien42]

And the golden rule holds true: there is always a past Trump tweet where he roasts his future self.

unfortunately, that's a fake.

 

[Commodus]

unfortunately, that's a fake.

Boooo. Although that rule has proven true in the past... thanks for the heads-up.

 

[outriding]

uggg

i was caught by fake news..

 

[JSt0rm]

Fox explained it today as inflation fears (too much money in the economy, economy is doing too good) combined with automatic selloff points. Honestly, downturns are required in markets. Days like this are supposed to happen.

I wonder how we got too much money in the economy?

 

[Sheik Yerbouti]

I wonder if Eric Trump can still retire? Hmmmmmmm........

I wonder if he can spell retire

 

[mect]

unfortunately, that's a fake.

Can't be. That's impossible. Remember, the left is just one big echo chamber. No one on the left would ever point out a mistake made by the left and then correct their information.

 

[Bitek]

What we can conclude from this thread is that a lot of the GOP reelection campaign will depend on a booming market and economy to wash away Trump's sins.

Without that, it could get really ugly.

 

[Commodus]

What we can conclude from this thread is that a lot of the GOP reelection campaign will depend on a booming market and economy to wash away Trump's sins.

Without that, it could get really ugly.

Right now, our resident Trump fans are praying to the flying spaghetti monster that this is just a bad bounce and not evidence of a long-term problem. They don't have much else (except, of course, Trump's eagerness to get rid of brown people) to point to.

 

[Sheik Yerbouti]

What we can conclude from this thread is that a lot of the GOP reelection campaign will depend on a booming market and economy to wash away Trump's sins.

Without that, it could get really ugly.

Yup, when you hold the value of money above all else, shit goes sideways when someone else appears to be messing with your funds, directly or indirectly. Maybe that's the only thing that will sway the ~39% who approve this shitbags performance. They clearly lack any semblance of a conscious or spine.

And as to the op, I still feel it's far too early to judge the economy based on the president during his/her first year. Whatever economic policies were going on prior to them taking office, those policies need to run their course, and it seems like that takes a bit more than a year.
As much as I would enjoy blaming drumpf for the "Dow plunging 1,175 points -- worst point decline in history" (for posterity) it ain't him. He's still a festering bag of hot July roadkill in a orange garbage bag though.

 

[Bitek]

Right now, our resident Trump fans are praying to the flying spaghetti monster that this is just a bad bounce and not evidence of a long-term problem. They don't have much else (except, of course, Trump's eagerness to get rid of brown people) to point to.

Depending on how the year goes, this will be in the running for Thread of the Year.
I am enjoying the level of self-ownage just two weeks in.

Trump thinks he's so smart claiming credit for things his predecessors ever... Maybe they actually knew something.

 

[JSt0rm]

what do you guys think of this:

https://www.forbes.com/sites/invest...ck-market-is-popping-heres-why/1#6381e33737a2

 

[twjr]

The Australian market has followed down too. I am personally down more than I care to think about right now.

 

[MomentsofSanity]

Futures are now showing 505 points down for tomorrow. Plenty of time for it to turn around before open mind you (was done over a thousand points election night then opened up).

Not looking forward to going to work tomorrow.....

 

[Bitek]

what do you guys think of this:

https://www.forbes.com/sites/invest...ck-market-is-popping-heres-why/1#6381e33737a2

I think Trump is going to have a shit week

 

[Puffnstuff]

I wonder if he can spell retire

Sir would you like your recap in glass ply or steel belted?

 

[senseamp]

Who forced Republicans to issue additional trillions in bonds while Fed is trying to shed theirs ? No one. There was no recession that required fiscal stimulus. It was pure giveaway to rich donors.

 

[alien42]

Futures are now showing 505 points down for tomorrow. Plenty of time for it to turn around before open mind you (was done over a thousand points election night then opened up).

Not looking forward to going to work tomorrow.....

Dow Futures are now down more than 800 which is over 3%

 

[Linux23]

I hope the entire system crashes so that Dump can blame Hillary or Obama .

 

[TheVrolok]

Dow Futures are now down more than 800 which is over 3%

-135 now. Maybe it'll be an OK day?

 

[Puffnstuff]

NBC reports that Tuesday is the 4th day in a row of drops in global markets.

https://www.nbcnews.com/business/markets/new-fed-chair-sworn-dow-drop-450-points-n844826

 

[DAPUNISHER]

Considering that I work 60+ hours a week, have a massive amount of student loan for my son I am glad to get what I can.

Well folks, we are there; people happy to get table scraps. So much winning.

 

[Exterous]

what do you guys think of this:

https://www.forbes.com/sites/invest...ck-market-is-popping-heres-why/1#6381e33737a2

I think that author's premise is weak. The Fed deciding to not reinvest maturing assets of $10Bn a month was easily absorbed and the markets continued shooting up. But $20bn is too much and completely turned the stock market on its head in just a little over a month of the program? It couldn't be the end or a pause in a historic bull market, a temporary cooling of the frenzied valuation mania of the last couple of months or anything. This was all caused by a relatively tiny number of maturing assets being handled differently?

 

[MomentsofSanity]

Alright sitting at my desk at we are showing down 222. Still some recovery time left before the open. This is going to be a fun day.

 

[MomentsofSanity]

Inverse VIX ETFs halted pending release of material news...

 

[Bitek]

Was thinking about rebalancing into more bonds at the end of the year... may have been too slow. IDK.

Haven't owned hardly any bonds in years, but these trillion dollars deficits at full employment is bad voodoo.

My extra $1.50/wk won't cover all the higher rates.