I have noted this before. I have never seen or heard of a president who has touted passing the same stock market milestone multiple times prior to Orange Duce. He has touted passing 25,000 3 times. Given the current trend (down), he is going to have a chance to do it a 4th time when the market recovers. Apparently his supporters have really bad memories.
The Nation's Financial Condition
Re: The Nation's Financial Condition
STAND AGAINST FASCISM
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Re: The Nation's Financial Condition
Fourth time’s the charm.jhu72 wrote: ↑Fri Feb 28, 2020 10:57 amI have noted this before. I have never seen or heard of a president who has touted passing the same stock market milestone multiple times prior to Orange Duce. He has touted passing 25,000 3 times. Given the current trend (down), he is going to have a chance to do it a 4th time when the market recovers. Apparently his supporters have really bad memories.
As I write this, Dow has given back all the gains from the last two years.
Market doesn’t like instability and incompetence. Trump personifies both.
Risk of a mild recession this year is growing daily.
DocBarrister
@DocBarrister
Re: The Nation's Financial Condition
Sure would be nice to have "space" for the Fed to announce a rate cut or two to splash some water on this fire right now. Too bad o d forced the low rates to artificially pump up his re-election economy...DocBarrister wrote: ↑Fri Feb 28, 2020 2:30 pmFourth time’s the charm.jhu72 wrote: ↑Fri Feb 28, 2020 10:57 amI have noted this before. I have never seen or heard of a president who has touted passing the same stock market milestone multiple times prior to Orange Duce. He has touted passing 25,000 3 times. Given the current trend (down), he is going to have a chance to do it a 4th time when the market recovers. Apparently his supporters have really bad memories.
As I write this, Dow has given back all the gains from the last two years.
Market doesn’t like instability and incompetence. Trump personifies both.
Risk of a mild recession this year is growing daily.
DocBarrister
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
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Re: The Nation's Financial Condition
Yep. Not much ammo left in the Fed’s armory.CU88 wrote: ↑Fri Feb 28, 2020 3:08 pmSure would be nice to have "space" for the Fed to announce a rate cut or two to splash some water on this fire right now. Too bad o d forced the low rates to artificially pump up his re-election economy...DocBarrister wrote: ↑Fri Feb 28, 2020 2:30 pmFourth time’s the charm.jhu72 wrote: ↑Fri Feb 28, 2020 10:57 amI have noted this before. I have never seen or heard of a president who has touted passing the same stock market milestone multiple times prior to Orange Duce. He has touted passing 25,000 3 times. Given the current trend (down), he is going to have a chance to do it a 4th time when the market recovers. Apparently his supporters have really bad memories.
As I write this, Dow has given back all the gains from the last two years.
Market doesn’t like instability and incompetence. Trump personifies both.
Risk of a mild recession this year is growing daily.
DocBarrister
Consumer spending is all that’s separating us from a recession. Coronavirus can’t be good for that ... although there are lots of good deals on cruises. Never mind the 5 tragic deaths and 700+ coronavirus infections among the passengers on that Princess cruise line ship quarantined in Japan.
DocBarrister
@DocBarrister
Re: The Nation's Financial Condition
More borrowing. Trump will make one last massive spending bill this year.
If Pelosi lets him do it.......
If Pelosi lets him do it.......
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Re: The Nation's Financial Condition
Just heard a report on MSNBC that Long Beach, CA dockworker time has been cut in half because of reduced shipping caused by the coronavirus pandemic. Not good ....
DocBarrister
DocBarrister
@DocBarrister
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Re: The Nation's Financial Condition
Trump can’t bail his way out of a recession, although he will certainly try.
DocBarrister
@DocBarrister
Re: The Nation's Financial Condition
It's how he's been running the economy for 3 years. Or do you think it was (snicker) deregulation that's got the economy where it is?
When you borrow $3 Trillion+ over four spending bills, and pump it through the economy? OF COURSE the economy is going to respond positively.
When you borrow $3 Trillion+ over four spending bills, and pump it through the economy? OF COURSE the economy is going to respond positively.
Re: The Nation's Financial Condition
I saw in the B Sun that the Baltimore Port docks will be very quiet next week....DocBarrister wrote: ↑Fri Feb 28, 2020 3:36 pm Just heard a report on MSNBC that Long Beach, CA dockworker time has been cut in half because of reduced shipping caused by the coronavirus pandemic. Not good ....
DocBarrister
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Re: The Nation's Financial Condition
It's not magic. Everytime there's a panic sell off, the money trickles back in.jhu72 wrote: ↑Fri Feb 28, 2020 10:57 amI have noted this before. I have never seen or heard of a president who has touted passing the same stock market milestone multiple times prior to Orange Duce. He has touted passing 25,000 3 times. Given the current trend (down), he is going to have a chance to do it a 4th time when the market recovers. Apparently his supporters have really bad memories.
There's no place else to get a return on investment.
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Re: The Nation's Financial Condition
This may also be a narrative fallacy deal because the trade war/dispute we picked w China had already greatly damaged port traffic, have a friend who's a super middle market class B industrial owner operator, after a recent portfolio sale down to less than 1MM sq. ft. for the time being, but he was out on the west coast seeing some of his people out there mid late fall and came back and told me business was already down 40% YOY. So there's a decrease in shipping and trade, but it started long before this came up.DocBarrister wrote: ↑Fri Feb 28, 2020 3:36 pm Just heard a report on MSNBC that Long Beach, CA dockworker time has been cut in half because of reduced shipping caused by the coronavirus pandemic. Not good ....
DocBarrister
Now I love those cowboys, I love their gold
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Love my uncle, God rest his soul
Taught me good, Lord, taught me all I know
Taught me so well, that I grabbed that gold
I left his dead ass there by the side of the road, yeah
Re: The Nation's Financial Condition
*U.S. TREASURY 10-YEAR YIELD FALLS BELOW 1% FOR FIRST TIME EVER TODAY March 3, 2020
Re: The Nation's Financial Condition
273,000 new jobs in February
ALREADY ADDED MORE JOBS in 2020 then were predicted for the year.
December and January job numbers adjusted upward 85,000 jobs.
Gotta fire this basted. Make it stop
ALREADY ADDED MORE JOBS in 2020 then were predicted for the year.
December and January job numbers adjusted upward 85,000 jobs.
Gotta fire this basted. Make it stop
Re: The Nation's Financial Condition
Stock market doesn't care. It is a trailing indicator. You are likely to see negative job growth in the coming months.
STAND AGAINST FASCISM
Re: The Nation's Financial Condition
So how many more jobs do you predict for the next three quarters?
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Re: The Nation's Financial Condition
Re: The Nation's Financial Condition
And you weren't rooting for Obama to fail, right?
Republicans intentionally stalled all legislation----including spending-----for six years, simply to stick it to Obama.
Not only did that not bother you, you cheered them on. And there are sailors at the bottom of the ocean because of McConnell's craven politics.
The instant Trump gets into power? Out comes the checkbook, and Republicans make government bigger than ever, pumping trillions of dollars through the economy. And then you come along and cheer this big government economy that is entirely borrowed.
I don't get it. I don't get why you're not mad about this massive spending spree.
Republicans intentionally stalled all legislation----including spending-----for six years, simply to stick it to Obama.
Not only did that not bother you, you cheered them on. And there are sailors at the bottom of the ocean because of McConnell's craven politics.
The instant Trump gets into power? Out comes the checkbook, and Republicans make government bigger than ever, pumping trillions of dollars through the economy. And then you come along and cheer this big government economy that is entirely borrowed.
I don't get it. I don't get why you're not mad about this massive spending spree.
Re: The Nation's Financial Condition
The US economy is likely to suffer more from coronavirus than China's has. Social distancing in the US hits Americans where they spend.
STAND AGAINST FASCISM
Re: The Nation's Financial Condition
Invest in board games & jigsaw puzzles.
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Re: The Nation's Financial Condition
Red team. End of story.a fan wrote: ↑Fri Mar 06, 2020 5:46 pm And you weren't rooting for Obama to fail, right?
Republicans intentionally stalled all legislation----including spending-----for six years, simply to stick it to Obama.
Not only did that not bother you, you cheered them on. And there are sailors at the bottom of the ocean because of McConnell's craven politics.
The instant Trump gets into power? Out comes the checkbook, and Republicans make government bigger than ever, pumping trillions of dollars through the economy. And then you come along and cheer this big government economy that is entirely borrowed.
I don't get it. I don't get why you're not mad about this massive spending spree.