Market will tank if Biden wins.

[AzogtheDefiler]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Except my "stupid ass predictions" have come to fruition.

Yeah, Yeah, and the suckers who listened to you would have had capital gain taxes to deal with. Buy and hold,
the markets come back, take the dividends in the mean time.
idiot
Biden and the wizard behind the curtain pulling his strings would not be good for America at this time

No, you park the funds in holding. As long as you don't take possession you don't pay taxes. But you can borrow against it!

Holding? In holding where? If you sell you reap the proceeds.

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

Good thing the US is a country not a business.

Without business, you have no country.

Without consumer spending, you have no business.

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

I heard the same thing with Clinton and Obammy.


Full disclosure: I am conservative

A true conservative is an old wealthy white guy that would screw his grandmother for a bigger buck. Anyone else that calls themselves "conservative" but that just means cheap, typically racist, typically misogynist, and really, really, enjoys voting against their own best interest and then bitching about it.

Wow! You are are pulling out all the stops with your display of stupidity. pathetic

A Biden win wouldn't be a good thing for the markets. Life would become expensive with all the illegals "freebie's" he would be giving away.
We just can't afford it.

Nah, I nailed the conservative definition.

We just can't afford it is already here. Consumer credit card debt is $4T.

 

[AzogtheDefiler]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

Good thing the US is a country not a business.

Without business, you have no country.

Without consumer spending, you have no business.

Wrong again. Govt can be your client.

 

[AzogtheDefiler]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

I heard the same thing with Clinton and Obammy.


Full disclosure: I am conservative

A true conservative is an old wealthy white guy that would screw his grandmother for a bigger buck. Anyone else that calls themselves "conservative" but that just means cheap, typically racist, typically misogynist, and really, really, enjoys voting against their own best interest and then bitching about it.

Wow! You are are pulling out all the stops with your display of stupidity. pathetic

A Biden win wouldn't be a good thing for the markets. Life would become expensive with all the illegals "freebie's" he would be giving away.
We just can't afford it.

Nah, I nailed the conservative definition.

We just can't afford it is already here. Consumer credit card debt is $4T.

Link....

$4Trn?

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Except my "stupid ass predictions" have come to fruition.

Name one

I stated right here on the USMB to get out of the market at 29.

So you knew a deadly virus was coming?

I knew the market was going to crash. The larger issue is the four bipartisan MOC's that attended the January 10th meeting that the smelly skidmark was privy too. Dumping close to $7M in stock is a really big deal.

 

[OnePercenter]

Its the economy stupid....we have seen OBidens results and Trumps results....simple logic says vote for Trump if you would like to see an economy like we had prior to the dems latest trick....false covid numbers....when you are admitted to any hospital they must test for covid first...and if you are there to get a broken bone set but you test positive for the antibody you are entered into the covid count....its a scam....

Everything good about the trump economy started under Obama. The good ended under trump.

liar.....

That’s all you have? The unemployment rate was going down do 6 years before trump. Followed that same trend till it went way up under trump.

obama got a 10% unemployment rate & brought it down to 5% despite a (R) house & a (R) senate 6 of the 8 years he was in office. donny piggybacked on that & in 3 years, managed to bring it down to +/- 3.5%.

But they counted working part time jobs with low wages in the employment numbers.

ummmm - that still meant j-o-b-s.

why would bigcorp hire full time & hafta offers bennies? they still worked.

working means employment.

doy.

Wages were stagnant until Trump came into office.

View attachment 363372

wages have been stagnant since carter.

What? Stop smoking the funny cigs

2018 stats aren't that old.

August 7, 2018


For most U.S. workers, real wages have barely budged in decades
By Drew DeSilver

For most Americans, real wages have barely budged for decades

Purchasing power and wages are not the same thing. You should have said “purchasing power”

Wages and real wages aren't the same thing. Correct me if I'm wrong, but purchasing power and real wages are both functions of inflation, so I think the other poster got this one correct.

Yes but also depends on geography. $400k in Brookline MA buys you crap. $400k in Rome GA buys you a nice house.

You mean, location-location-location?

 

[OnePercenter]

So far, Trump’s attacks on Biden have fallen flat because Biden is not as viscerally disliked as Clinton was four years ago. Simply mocking Biden’s many verbal miscues is not going to be enough.

Biden is a guy.

 

[OnePercenter]

Based on facts.

Sure. CNN "facts"

If you have an issue with CNN facts, why don't you dispel them.

 

[Faun]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Cutting taxes didn’t help the economy. Raising is unlikely to have a negative effect.

Pretty sure it did. Again why would NBC post this since they hate Trump?

Had the tax cuts helped the economy, they wouldn't have had to lower the federal fund rate last year.

They being the Fed?

You demonstrate yet again you can't possibly be in banking. You're too ******* stupid.

See. Back to cussing. The Fed cut the rates, yes, but the tax cuts also helped businesses and lowered unemployment. Both can be true. You are such an immature loser old man.

Dumbfuck, the Fed cuts the rate when they need to stimulate the economy. they raise the rate when the economy is strong. When they cut it (twice) last year, they signaled the economy was weakening. If you were a banker, you'd know that.

As far as my language, TFB for you your snowflake feewings are too delicate.

The feds had quite a run jacking up the rates .25 every chance when Trump took office.
They got ahead of the market IMO.

They did so because the economy was improving and finally strong enough to support an increase. That's what they do.

They screwed up, faun, and kept raising the rate. sheesh, it isn't that hard

They raised it 1.75 points under Impeached Trump over about a two year period. Not at all a screw up given how strong the economy was doing during his first 2 years. Again, that's what the Fed does. Although before Bush's Great Recession, they likely would have increased it more and in less time. But last time they did that, it led to the housing bubble bursting.

 

[OnePercenter]

Opinions may vary. Do you agree or disagree? Being a Leftist it’s hard but try to answer the question and not dodge it.

Opinions based on ignoracne and unwillingness to admit a mistake aren't valid.

This is what this is at this point. Trump is by any effective measure a failed president. This is about your side not willing to admit you all made a mistake by forcing him down the throats of an unwilling populace, and failing to remove him when he committed crimes.

That is because we are living through an unprecedented virus. Duh. And you lie, these folks are sitting home and getting an extra $600 per week. But that ends July 31st and they will be back at work. You are nearly 20 years older than me and so bitter. It’s really sad.

There won't be any jobs for them to go back to, that's the problem, buddy. Those jobs are gone. They aren't coming back. In fact, we are probably going to see the second wave of unemployment, where all those essential workers get let go when it's found out there's not enough business to keep them.

Trump has failed.

Yet my clients are counting the days, buddy, because they need them back. Since I work directly with mid market companies and you’re a resume writer you should yield to me on this. And no, Trump being a “failed president” is 100% subjective. You likely don’t know what that word means and you showed your ignorance as you could not simply answer my question with a “yes” or a “no”. Report that.

Your smelly skidmark did lower my taxes permanently to incredible low levels. You, well you're fucked.

 

[Gracie]

If biden "wins" it will be flat out cheating. Period. Dude's brain is mush.

 

[Faun]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Cutting taxes didn’t help the economy. Raising is unlikely to have a negative effect.

Pretty sure it did. Again why would NBC post this since they hate Trump?

Had the tax cuts helped the economy, they wouldn't have had to lower the federal fund rate last year.

They being the Fed?

You demonstrate yet again you can't possibly be in banking. You're too ******* stupid.

See. Back to cussing. The Fed cut the rates, yes, but the tax cuts also helped businesses and lowered unemployment. Both can be true. You are such an immature loser old man.

Dumbfuck, the Fed cuts the rate when they need to stimulate the economy. they raise the rate when the economy is strong. When they cut it (twice) last year, they signaled the economy was weakening. If you were a banker, you'd know that.

As far as my language, TFB for you your snowflake feewings are too delicate.

The feds had quite a run jacking up the rates .25 every chance when Trump took office.
They got ahead of the market IMO.

They did so because the economy was improving and finally strong enough to support an increase. That's what they do.

Nope. They many a time guess and incorrectly. The Fed is many times too reactive or too proactive. Or neither. But you would not understand since you're a dunce. They are just human beings, prone to make mistakes. And the President does not control what the Fed does. You should watch the movie on HBO, "Too big to Fail". You would learn a lot. Maybe watch it a few times since you're a moron and likely won't understand it the first time around.

Good Luck

LOLOL

There is no way you're a banker. You're clearly too stupid. It has nothing to do with making mistakes. Being human, they're prone to making mistakes. Still, they generally lower the rate to stimulate the economy and raise it when the economy is growing and strong enough to absorb the increase.

Examples? Last few times they have totally f*cked up. I am a banker and have been one for 15 years.

I'll leave it to fate. If I am not a banker may I and my family die and quickly. If I am may your car have some annoying issue that costs you $$ to fix.

You shouldn't doom your family like that.

I would have doomed yours but I am a banker so it would have been uncool. What is it you do again? Remind me please?

Software engineer.

Explains a lot. What do you design?

DVR's, casino video games, restaurant terminals, ER terminals, gift/credit card processing, billing systems, web hosting

 

[OnePercenter]

Any of you lefties have enough testosterone to post Biden's tax plan?
I would, but you would call me a racist.
The middle class would soon disappear

Who do you think gets to support the wealthy and corporations with tax cuts. It's not the wealthy and corporations. It's you!

The middle class HAS ALREADY disappeared. You are now the poor with credit, $4T owed so far.

 

[Meister]

Any of you lefties have enough testosterone to post Biden's tax plan?
I would, but you would call me a racist.
The middle class would soon disappear

Who do you think gets to support the wealthy and corporations with tax cuts. It's not the wealthy and corporations. It's you!

The middle class HAS ALREADY disappeared. You are now the poor with credit, $4T owed so far.

You lack the testosterone....you have totally deflected away from my post...typical, sissy-boy.

 

[Dragonlady]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

Donald Trump has been in business for 40 years and he's been an abject failure. 7 bankruptcies, and a crashed US economy. Donald Trump isn't a billionaire, but he plays one on TV.

Trump has lost more money than any American businessman in history. If not for cons, scams, and having been born wealthy, Trump would be dead broke and on the run from the law.

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Cutting taxes didn’t help the economy. Raising is unlikely to have a negative effect.

Pretty sure it did. Again why would NBC post this since they hate Trump?

Had the tax cuts helped the economy, they wouldn't have had to lower the federal fund rate last year.

They being the Fed?

You demonstrate yet again you can't possibly be in banking. You're too ******* stupid.

See. Back to cussing. The Fed cut the rates, yes, but the tax cuts also helped businesses and lowered unemployment. Both can be true. You are such an immature loser old man.

Dumbfuck, the Fed cuts the rate when they need to stimulate the economy. they raise the rate when the economy is strong. When they cut it (twice) last year, they signaled the economy was weakening. If you were a banker, you'd know that.

As far as my language, TFB for you your snowflake feewings are too delicate.

Fed does what it does because some empty suits want to shift the economy a certain way. Under BHO they kept rates low for too long and under DJT they raised them too quickly. The Fed is not some magical force, they are people like anyone else and may make mistakes like anyone else.

Bankers like myself often laugh at the Fed and now I laugh at you. You swear because you're an immature loser with no career path.

As a "banker" what do you think about folks today buying over-priced homes because they can afford the monthly payment?

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

The market has already tanked and it's all the smelly skidmark. That's why I told you morons to get the **** out when it was at 29. Do you have IRA's, 401K's, public or private retirement? If you are under 50, because of the smelly skidmark, you'll probably not be able to retire. You voted for a guy that uses bankruptcy protection as an earnings tool.

Nobody listens to you and your stupid ass predictions.

Biden raising taxes on businesses and citizens will not bode well for the market.
Then add in the fact that he is going to nullify all the regulatory EO's will be a death nail for the economy.

Except my "stupid ass predictions" have come to fruition.

Yeah, Yeah, and the suckers who listened to you would have had capital gain taxes to deal with. Buy and hold,
the markets come back, take the dividends in the mean time.
idiot
Biden and the wizard behind the curtain pulling his strings would not be good for America at this time

No, you park the funds in holding. As long as you don't take possession you don't pay taxes. But you can borrow against it!

Holding? In holding where? If you sell you reap the proceeds.

It's called a stock portfolio you have registered with a broker. It holds stock certificates and cash.

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

Good thing the US is a country not a business.

Without business, you have no country.

Without consumer spending, you have no business.

Wrong again. Govt can be your client.

That would depend on your business. But the government receives it's money (indirectly) from consumer spending.

 

[OnePercenter]

NBC is anti Trump and even they agree. Biden has been in Gov't for the past 40+ years, has zero business acumen and will not be seen as a business friendly president. Usually the economy decides the next President but this is an odd time with the virus. Should be interesting but those with 401Ks, you're voting against your self interests if you vote for Biden.

https://www.cnbc.com/2020/06/24/bidens-big-lead-in-the-polls-could-be-partly-behind-markets-drop-and-may-lead-to-more-weakness.html

I heard the same thing with Clinton and Obammy.


Full disclosure: I am conservative

A true conservative is an old wealthy white guy that would screw his grandmother for a bigger buck. Anyone else that calls themselves "conservative" but that just means cheap, typically racist, typically misogynist, and really, really, enjoys voting against their own best interest and then bitching about it.

Wow! You are are pulling out all the stops with your display of stupidity. pathetic

A Biden win wouldn't be a good thing for the markets. Life would become expensive with all the illegals "freebie's" he would be giving away.
We just can't afford it.

Nah, I nailed the conservative definition.

We just can't afford it is already here. Consumer credit card debt is $4T.

Link....

$4Trn?

Consumer debt hits $4 trillion

Holiday spending, rising student loan balances and a jump in automobile financing at the end of last year helped consumer debt reach a new milestone.

www.cnbc.com