Hardcore troubadour 12,949 Posted October 11, 2018 Fine But what about him saying they need to be raised during Obama's presidency but now says that same policy is harmful Because he wants to get the same treatment. Obama got dealt a winning hand, and looked good in the process. That same good fortune Obama got also has the potential to make him look bad, and he knows it. Everyone knows it. Giving Obama credit for the stock market is ridiculous. All he did was pump our money into it and be around while interest rates were historically low. He bailed out GM and didn't even insist they make the cars here. Think about that. Mexico didn't bail them out, American tax payers did. Share this post Link to post Share on other sites
bandrus1 413 Posted October 11, 2018 . He bailed out GM and didn't even insist they make the cars here. Think about that. Mexico didn't bail them out, American tax payers did. The Republican controlled congress passed this Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 11, 2018 The Republican controlled congress passed this Oh I know, but no one is giving them credit for saving the economy. That's all Obamas. And it's one of the bigger fish tales ever told. Share this post Link to post Share on other sites
bandrus1 413 Posted October 11, 2018 Oh I know, but no one is giving them credit for saving the economy. That's all Obamas. And it's one of the bigger fish tales ever told. So are U mad the republican congress passed the bill to bail out GM? Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 11, 2018 So are U mad the republican congress passed the bill to bail out GM? Well the bailout continued into Obamas presidency. It wasn't a one shot deal. I'm mad they took the American tax payer for a ride and used the money to boost their manufacturing in china and Mexico. Aren't you? And Bush was worse than Obama if you think I'm letting that jackass off the hook. Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 11, 2018 So are U mad the republican congress passed the bill to bail out GM? And what are you taking about? Harry Reid was majority leader in the senate. Share this post Link to post Share on other sites
bandrus1 413 Posted October 11, 2018 I guess my point is it is Congress not the president As far as the policy I honestly don't know the answer. I think the average person is probably better off with GM being around than not. At what cost was it worth saving I don't know Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 11, 2018 I guess my point is it is Congress not the president As far as the policy I honestly don't know the answer. I think the average person is probably better off with GM being around than not. At what cost was it worth saving I don't know Of course it is. That doesn't let the whole cabal off the hook for making a shitty deal. Share this post Link to post Share on other sites
bandrus1 413 Posted October 11, 2018 Of course it is. That doesn't let the whole cabal off the hook for making a shitty deal. Well I guess I wouldnt make statements like "He bailed out GM" it wasnt even a Democrat initiative. Republicans had to pass it Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 11, 2018 Well I guess I wouldnt make statements like "He bailed out GM" it wasnt even a Democrat initiative. Republicans had to pass it He sure did. Remember this one: Bin Laden is dead, and GM is alive. That's Obamas quote. Edit. Biden said that, but Obama didn't stop him. That line was fed. Share this post Link to post Share on other sites
NorthernVike 2,080 Posted October 11, 2018 and now it's down. Funny how that works. Share this post Link to post Share on other sites
SenatorRock 708 Posted October 11, 2018 No no the correct talking point is The fed kept interest rates low under Obama to prop him up and the rates should be raised. But if you raise them on me you are willing America -small handed orange Hitler They have raised the rates every single quarter since Trump won the election. They raised the rates one time from the 2008 election to the 2016 election. Spin that however you like. 1 Share this post Link to post Share on other sites
NorthernVike 2,080 Posted October 11, 2018 Rates need to be raised. If they don't, the next 'real' economic downturn will have no way of trying to minimize the damage. Plus I want higher rates for my savings accounts. Share this post Link to post Share on other sites
bandrus1 413 Posted October 11, 2018 They have raised the rates every single quarter since Trump won the election. They raised the rates one time from the 2008 election to the 2016 election. Spin that however you like. Waaaaaaaaa Hey spin it like this .. Trump is finally getting the policy he advocated for.. maga! Share this post Link to post Share on other sites
SenatorRock 708 Posted October 11, 2018 Trump and Xi agree to meet about trade at the G20. DOW immediately jumps 300 points. Libs fixing to riot. Share this post Link to post Share on other sites
SenatorRock 708 Posted October 11, 2018 Waaaaaaaaa Hey spin it like this .. Trump is finally getting the policy he advocated for.. maga! I have no problem with them raising the rate incrementally every quarter. I also don't think market fluctuations have anything to do with it either, they are already priced in. Any bitching from Trump about it now is just for the cameras since it is voting season. Share this post Link to post Share on other sites
mobb_deep 919 Posted October 11, 2018 They have raised the rates every single quarter since Trump won the election. They raised the rates one time from the 2008 election to the 2016 election. Spin that however you like. Surely it has nothing to do with the gigantic piece of corporate welfare Trump gave out via tax cuts that artificially inflated corporate earnings, which they then threw back into their own stocks to further inflate the market. That would be too obvious. Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 24, 2018 So, any worries out there? Share this post Link to post Share on other sites
RLLD 3,541 Posted October 24, 2018 Nah, the market is like climate....it changes, sometimes its nice, sometimes its not Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 24, 2018 Oh boy. Down 600. Liberals pulling out? Share this post Link to post Share on other sites
Strike 4,095 Posted October 24, 2018 Oh boy. Down 600. Liberals pulling out? We can only hope. Share this post Link to post Share on other sites
Mike Honcho 4,147 Posted October 24, 2018 Oh boy. Down 600. Liberals pulling out? Probably not, that's why there are so many single mothers. 1 Share this post Link to post Share on other sites
mobb_deep 919 Posted October 24, 2018 Oh boy. Down 600. Liberals pulling out? More likely the corporate whales selling off all of that stock they bought back with their me(a)ga tax cuts. Got to prop up those numbers, before Q4 reporting somehow, amirite? Share this post Link to post Share on other sites
Bert 1,109 Posted October 24, 2018 Keep dropping baby! Share this post Link to post Share on other sites
Filthy Fernadez 2,696 Posted October 24, 2018 Economy strong, unemployment record lows across the board, etc....yet we see these selloffs. Someone focking around to sheer more sheep or is Wall Street hedging their bets if the Dems get the House? Share this post Link to post Share on other sites
NorthernVike 2,080 Posted October 25, 2018 You dont lose unless you sell. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted October 25, 2018 Do we think tariffs have any impact? Interest rates? Consumer confidence? Uncertainty over mid-terms? For those who think it isnt a big deal, remember that this doesnt impact just your 401k. It could impact near term sells of things like a 529 Share this post Link to post Share on other sites
NorthernVike 2,080 Posted October 25, 2018 Do we think tariffs have any impact? Interest rates? Consumer confidence? Uncertainty over mid-terms? For those who think it isnt a big deal, remember that this doesnt impact just your 401k. It could impact near term sells of things like a 529 It does. But proper 529s are setup to minimize the downside risk the closer they are to college. Share this post Link to post Share on other sites
vuduchile 1,941 Posted October 25, 2018 Do we think tariffs have any impact? Interest rates? Consumer confidence? Uncertainty over mid-terms? For those who think it isnt a big deal, remember that this doesnt impact just your 401k. It could impact near term sells of things like a 529 Chinese import tariffs in the flooring industry have hit many of our suppliers recently. Lots of natural stone, wood and vinyl flooring comes from China and all that has gone up 10%. Those same suppliers are using this opportunity to raise prices on domestic alternatives and products from other foreign markets. Essentially, all prices are going up and were passing it along to the consumer. So far, it hasnt hurt overall sales, and I doubt it will for the foreseeable future. The industry held prices in check for quite a few years post 2008, so an uptick in pricing helps keep pace with inflation. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted October 25, 2018 It does. But proper 529s are setup to minimize the downside risk the closer they are to college. Same with 401k. As you get closer to selling, you go with more conservative approaches. However, these losses will make it so that those who will be selling in 3-5 years may not recoup their losses because they will have to make that shift to low risk investments. Share this post Link to post Share on other sites
bandrus1 413 Posted October 25, 2018 Guys we are off all time highs a little bit... It goes below like 19k start talking about big impacts... I couldn't go through the roof forever Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted October 26, 2018 If this continues Trump is gonna blow a gasket. I've said it before, I think people's 401k's tanking got Obama elected, and the stock market rebound got him re-elected. Now that we're all in the market, I think it's going to be the biggest factor in what party gets to seize or keep power. Share this post Link to post Share on other sites
kutulu 1,562 Posted October 27, 2018 https://www.marketwatch.com/story/the-wall-street-analyst-who-called-this-stock-market-rout-sees-another-nasty-drop-for-the-sp-500-2018-10-25?siteid=yhoof2&yptr=yahoo Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted November 12, 2018 This feels like we are going to be giving up significant gains. Share this post Link to post Share on other sites
Mike Honcho 4,147 Posted November 12, 2018 Donald J. Trump @realDonaldTrump The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches! Share this post Link to post Share on other sites
wiffleball 4,680 Posted November 12, 2018 Well if we want to stop talking out of our ass, the two biggest drivers to the market today were concerns about Apple and the larger World economy vis a vis China and trumps ridiculous trade war that actually isn't working right now. You know, according to the people who do this for a living. But sure, I'm sure the market is terrified now that the Democrats have been in office for 2 days. Trump couldn't run a casino with his daddy's money. Why do we think he can run an economy? I just hope he knows he can't just declare bankruptcy and walk away from his obligations. Share this post Link to post Share on other sites
wiffleball 4,680 Posted November 12, 2018 This feels like we are going to be giving up significant gains.Did I call for this or what? Stocks are up unrealistically high due to massive stock BuyBacks this year from the Trump tax cut. Executives right and left are going to be Cashing Out portions of their gains to be sure between now and the end of the year. I'm not just saying that now. Go back and look. I was saying the same thing weeks ago. It's the only smart play when you have large Holdings and are sitting on an inflated bubble due to BuyBacks. Wont do diddly for the average investor. But the multi-millionaire 1%? They're going to have a very nice Christmas. and the same guys who attributed every single uptick in the market for the last 2 years to Trump? Will be the first dorks to say, hey it's just the market. POTUS doesn't have anything to do with it! Share this post Link to post Share on other sites
JustinCharge 2,397 Posted November 13, 2018 Did I call for this or what? Stocks are up unrealistically high due to massive stock BuyBacks this year from the Trump tax cut. Executives right and left are going to be Cashing Out portions of their gains to be sure between now and the end of the year. I'm not just saying that now. Go back and look. I was saying the same thing weeks ago. It's the only smart play when you have large Holdings and are sitting on an inflated bubble due to BuyBacks. Wont do diddly ###### for the average investor. But the multi-millionaire 1%? They're going to have a very nice Christmas. and the same guys who attributed every single uptick in the market for the last 2 years to Trump? Will be the first dorks to say, hey it's just the market. POTUS doesn't have anything to do with it! A correction until December means nothing to investors. We'll hit all time highs again in 2019. Share this post Link to post Share on other sites
Hardcore troubadour 12,949 Posted November 20, 2018 This feels like we are going to be giving up significant gains. Blew pastt 25 in no time. 24 not too far behind. Word is Apple may have some bad news. Share this post Link to post Share on other sites
RLLD 3,541 Posted November 20, 2018 Blew pastt 25 in no time. 24 not too far behind. Word is Apple may have some bad news. I have heard that their phones sales are well below forecast. Share this post Link to post Share on other sites