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Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 10:57 am
by jhu72
CU88 wrote: ↑Fri Feb 28, 2020 9:38 am
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.
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.
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 2:30 pm
by DocBarrister
jhu72 wrote: ↑Fri Feb 28, 2020 10:57 am
CU88 wrote: ↑Fri Feb 28, 2020 9:38 am
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.
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.
Fourth time’s the charm.
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
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:08 pm
by CU88
DocBarrister wrote: ↑Fri Feb 28, 2020 2:30 pm
jhu72 wrote: ↑Fri Feb 28, 2020 10:57 am
CU88 wrote: ↑Fri Feb 28, 2020 9:38 am
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.
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.
Fourth time’s the charm.
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
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...
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:21 pm
by DocBarrister
CU88 wrote: ↑Fri Feb 28, 2020 3:08 pm
DocBarrister wrote: ↑Fri Feb 28, 2020 2:30 pm
jhu72 wrote: ↑Fri Feb 28, 2020 10:57 am
CU88 wrote: ↑Fri Feb 28, 2020 9:38 am
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.
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.
Fourth time’s the charm.
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
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...
Yep. Not much ammo left in the Fed’s armory.
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
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:26 pm
by a fan
More borrowing. Trump will make one last massive spending bill this year.
If Pelosi lets him do it.......
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:36 pm
by DocBarrister
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
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:38 pm
by DocBarrister
a fan wrote: ↑Fri Feb 28, 2020 3:26 pm
More borrowing. Trump will make one last massive spending bill this year.
If Pelosi lets him do it.......
Trump can’t bail his way out of a recession, although he will certainly try.
DocBarrister
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:51 pm
by a fan
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.
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 3:59 pm
by CU88
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
I saw in the B Sun that the Baltimore Port docks will be very quiet next week....
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 7:00 pm
by old salt
jhu72 wrote: ↑Fri Feb 28, 2020 10:57 am
CU88 wrote: ↑Fri Feb 28, 2020 9:38 am
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.
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.
It's not magic. Everytime there's a panic sell off, the money trickles back in.
There's no place else to get a return on investment.
Re: The Nation's Financial Condition
Posted: Fri Feb 28, 2020 10:34 pm
by Farfromgeneva
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
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.
Re: The Nation's Financial Condition
Posted: Tue Mar 03, 2020 1:50 pm
by Kismet
*U.S. TREASURY 10-YEAR YIELD FALLS BELOW 1% FOR FIRST TIME EVER TODAY March 3, 2020
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 1:39 pm
by 6ftstick
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
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 2:47 pm
by jhu72
Stock market doesn't care. It is a trailing indicator. You are likely to see negative job growth in the coming months.
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 3:21 pm
by CU88
6ftstick wrote: ↑Fri Mar 06, 2020 1:39 pm
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
So how many more jobs do you predict for the next three quarters?
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 3:32 pm
by 6ftstick
CU88 wrote: ↑Fri Mar 06, 2020 3:21 pm
6ftstick wrote: ↑Fri Mar 06, 2020 1:39 pm
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
So how many more jobs do you predict for the next three quarters?
What're you hoping for-0
Its what the American people will take into consideration—democrats want them hurt—trump wants them doing well.
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 5:46 pm
by a fan
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.
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 6:32 pm
by jhu72
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 6:48 pm
by old salt
Invest in board games & jigsaw puzzles.
Re: The Nation's Financial Condition
Posted: Fri Mar 06, 2020 6:53 pm
by MDlaxfan76
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.
Red team. End of story.