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<blockquote data-quote="vantexan" data-source="post: 3305127" data-attributes="member: 24302"><p>More examples of lies, damn lies, and statistics. You know Bacha that when the market crashed in 2008 then rebounded that 38% it was due to it dropping so far it could go nowhere but up. Trump's first year was about anticipation that the corporate rate would be reduced and suffocating regulations rolled back. He delivered on both. The 500 lb gorilla in the room for both presidents is the billions pumped into the market every week from 401k contributions. It's no longer if investors will invest in the stock market, in a particular company that they'll buy and hold in anticipation of that company's success attracting new investors. The market is awash in money looking to invest wherever dividends are being shelled out to make a fast buck. The big funds have to reward their 401k investors so that they'll keep having that little bit taken out every week. So in effect Obama stifled business growth with reams of regulation, but still did ok because of the 401k tide. And Trump has benefited in a short time by doing what Wall Street hoped he and the Repubs would do. If he hadn't most likely there would've been a big downturn, because the best way for Wall Street to take advantage of a big upswing is to cause a big downswing by dumping stocks. And the little guys would've been left holding the bag once they panicked and started selling too.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3305127, member: 24302"] More examples of lies, damn lies, and statistics. You know Bacha that when the market crashed in 2008 then rebounded that 38% it was due to it dropping so far it could go nowhere but up. Trump's first year was about anticipation that the corporate rate would be reduced and suffocating regulations rolled back. He delivered on both. The 500 lb gorilla in the room for both presidents is the billions pumped into the market every week from 401k contributions. It's no longer if investors will invest in the stock market, in a particular company that they'll buy and hold in anticipation of that company's success attracting new investors. The market is awash in money looking to invest wherever dividends are being shelled out to make a fast buck. The big funds have to reward their 401k investors so that they'll keep having that little bit taken out every week. So in effect Obama stifled business growth with reams of regulation, but still did ok because of the 401k tide. And Trump has benefited in a short time by doing what Wall Street hoped he and the Repubs would do. If he hadn't most likely there would've been a big downturn, because the best way for Wall Street to take advantage of a big upswing is to cause a big downswing by dumping stocks. And the little guys would've been left holding the bag once they panicked and started selling too. [/QUOTE]
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