dow 28000

bacha29

Well-Known Member
With the expected rate cut already factored into the market the only thing that will drive the market higher would be a China trade deal for which hopes of a deal soon are beginning to dim and a sizable majority of reporting companies beat on both the top and bottom lines well enough to bring in more than the usual number of bids..... We'll find out soon enough.
 

bacha29

Well-Known Member
Wow you couldn't be more wrong.
You hear this same line out of Van T now and forever more but he offers not concrete data to support his claims. But in the end he'll swallow his pride and go sign up Social Security and Medicare both of whom are programs deeply embedded in the fundamentals of "oh, God no"......socialism provided that his beloved GOP hasn't voted them out of existence by that time.
 

newfie

Well-Known Member
With the expected rate cut already factored into the market the only thing that will drive the market higher would be a China trade deal for which hopes of a deal soon are beginning to dim and a sizable majority of reporting companies beat on both the top and bottom lines well enough to bring in more than the usual number of bids..... We'll find out soon enough.


its important to look for a black lining on every cloud
 

newfie

Well-Known Member
8 years too many

does everyone realize the market tanks if a dem gets elected to the white house?

Trump has already extended this economy well past the 8 year recession line with his tax cut, deregulation efforts, strong arming of large companies to build here and even his working the fed on the interest rate.

a dem will fall right back into the choke the big companies plan and kick us right into a recession .
 

bacha29

Well-Known Member
does everyone realize the market tanks if a dem gets elected to the white house?

Trump has already extended this economy well past the 8 year recession line with his tax cut, deregulation efforts, strong arming of large companies to build here and even his working the fed on the interest rate.

a dem will fall right back into the choke the big companies plan and kick us right into a recession .
The nation is now in it's 11 th consecutive year of economic expansion. Trump has been in office for less than 3 of those years.
 

Non sequitur

Well-Known Member
You hear this same line out of Van T now and forever more but he offers not concrete data to support his claims. But in the end he'll swallow his pride and go sign up Social Security and Medicare both of whom are programs deeply embedded in the fundamentals of "oh, God no"......socialism provided that his beloved GOP hasn't voted them out of existence by that time.

It's hard to argue against a program you'd payed into for 45 years. So unless uncle Sam would like to reimburse the money invested x lost interest I guess we're stuck.
 

newfie

Well-Known Member
The nation is now in it's 11 th consecutive year of economic expansion. Trump has been in office for less than 3 of those years.

So you agree that even more remarkable is the economic results Trump has gotten in such a short time period?

the Dow for instance was at 18 when trump was elected and has risen like a rocket since.

GDP had dipped to 1.8 under Obama on his last year and since has rebound nicely into the 3 percent range.
 

bacha29

Well-Known Member
It's hard to argue against a program you'd payed into for 45 years. So unless uncle Sam would like to reimburse the money invested x lost interest I guess we're stuck.
Treasuries is the only investment vehicle Social Security is allowed to invest the funds in. Bush II wanted to privatize it . Management fees and bank early withdrawal penalties combined with the worst recession in 80 years is why you don't hear anything about it these days.
 

bacha29

Well-Known Member
So you agree that even more remarkable is the economic results Trump has gotten in such a short time period?

the Dow for instance was at 18 when trump was elected and has risen like a rocket since.

GDP had dipped to 1.8 under Obama on his last year and since has rebound nicely into the 3 percent range.
And 1.8 is about all the Fed says it will grow in the coming quarters . Even that wasn't too bad when you consider the fact that the GDP for the final quarter of the Bush II administration was -8.4%
 

newfie

Well-Known Member
And 1.8 is about all the Fed says it will grow in the coming quarters . Even that wasn't too bad when you consider the fact that the GDP for the final quarter of the Bush II administration was -8.4%

I dont see it unless you meant Obama?

20170127_GDP_Obama2.jpg
 

Jkloc420

Do you need an air compressor or tire gauge
And 1.8 is about all the Fed says it will grow in the coming quarters . Even that wasn't too bad when you consider the fact that the GDP for the final quarter of the Bush II administration was -8.4%
Even the fed is dumbfounded by the success of this economy, they figured full employment was at 4.0 percent, obama said manufacturing was not coming back, over 400, 000 jobs in manufacturing have been created, inflation was supposed to go up because of the trade war, 2017 we had a 2.3 , 2018 2.9 and this year will be somewhere between 2.5-3 percent, those are annuals
 

Jkloc420

Do you need an air compressor or tire gauge
And 1.8 is about all the Fed says it will grow in the coming quarters . Even that wasn't too bad when you consider the fact that the GDP for the final quarter of the Bush II administration was -8.4%
and trump is dealing with rising interest rates and no QE, obama had 0 and QE
 
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