McRocket
Gold Member
- Apr 4, 2018
- 5,031
- 707
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- Thread starter
- Banned
- #41
Well, you are, of course. It's your thread."Shirley"? I guess that's another insult. I guess that's just the way you guys are.Who is doing that? The point is being made on the trade war history and forecasts, Shirley?Trying to make a large context political/economic "point" based on one morning's Dow futures is silly, ignorant, and transparently partisan.
(Newser) – The stock market opened on a down note and finished in pretty much the same place, all thanks to investor worries about a possible trade war between the US and China. The Dow lost 287 points to finish at 24,700, enough to wipe out all 2018 gains, reports MarketWatch. The index, which fell for the sixth straight day, is now down 0.1% for the year. The other major markets also fell—the S&P 500 slipped 11, or 0.4%, and the Nasdaq slid 21, or 0.3%.
The problem for investors is that the threats about tariffs and retaliatory moves are only growing more heated between President Trump and Beijing, rather than de-escalating as many had hoped. “It’s mainly the trade war that has created such panic in the market because the latest developments have surpassed the expectations of many people in China,” a senior analyst at Central China Securities tells the Wall Street Journal.
Dow Is Now in the Red for the Year
Find a local advisor and ask them if we pay any attention to this short term stuff. Go ahead. Ask five. All five will agree with me. Find ten.
The press always assigns simplistic reasons to short term fluctuations. And people like you buy it, WHEN it fits your politics. When.
This is my profession, and you're just another partisan.
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Cnm asked you a simple question.
You typed: 'Trying to make a large context political/economic "point" based on one morning's Dow futures is silly, ignorant, and transparently partisan.'
And he asked you 'Who is doing that?'
So...?
Or are you too stupid/immature to answer that INCREDIBLY simple question?
And here is some advice for free. Stop claiming to be an professional investor/advisor...online bragging means nothing. You could be who you say or a 12 year old desperate for attention. It is impossible to know.
You might as well claim to be the Postmaster General.
Believe what you will. But I know, by this complete meltdown of yours, that you know I'm right.
Pretend whatever you'd like. You're simply out of your league here, in more ways than one.
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LOL...okaaaaaaay.
So just exactly what 'large context political/economic "point" did I try to make with the OP post where I typed 'The DOW will now probably open down for the year...mostly thanks to Trump's stupid trade policies.'
All I see is a thread about how the recent drop in the DOW is being attributed to Trump's trade war threats. Every, major financial service has said basically the same thing.
I neither said nor hinted nor even thought that this was a major turning point or a sign of disaster or anything but a temporary setback for the DOW (unless Trump continues to ratchet up the threats. But I assume someone will eventually talk him out of that).
So again...what is this 'large context political/economic "point"' I am supposed to be making?