The stock market is on pace for its worst December since the Great Depression

[MarathonMike]

Hmmm, wasn't Obama claiming it was his market a couple weeks ago?

The problems are clearly trump policy. Same with the huge deficits. And on top of that they are predicting slow growth next year. MAGA.

Didn't the market know trump policy 2 years ago, weren't the "huge deficits" known months ago. Predictions...won't even go there.

2 years ago intelligent people hoped trump was joking for most of his policy.

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

 

[Thinker101]

So tired of all this winning.

Two benchmark U.S. stock indexes are careening toward a historically bad December.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.

The stock market is on pace for its worst December since the Great Depression

Huh? So is this Obama's market or Trump's?

After 2 years it's the crook trumps,,,, With Obama it was slowly and surely with the ah trump it's fly by the seat of your pants

I'm sure you've seen this before.
obama takes credit economy - Bing video

 

[McRocket]

So tired of all this winning.

Two benchmark U.S. stock indexes are careening toward a historically bad December.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.

The stock market is on pace for its worst December since the Great Depression

Huh? So is this Obama's market or Trump's?

Trump took responsibility for the January 2017 jobs numbers. So, from that moment, the economy and all that it entails was/is his responsibility (politically).

Trump takes credit for strong January jobs numbers

So this is DEFINITELY Trump's market (politically).

 

[Thinker101]

So tired of all this winning.

Two benchmark U.S. stock indexes are careening toward a historically bad December.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.

The stock market is on pace for its worst December since the Great Depression

Huh? So is this Obama's market or Trump's?

Trump took responsibility for the January 2017 jobs numbers. So, from that moment, the economy and all that it entails was/is his responsibility (politically).

Trump takes credit for strong January jobs numbers

So this is DEFINITELY Trump's market (politically).

obama takes credit economy - Bing video

 

[Brain357]

Kinda crazy how we get a real economy working the quantative easing stopping and the Fed Reserve no longer shoving money out the door for free and raising interest rates above zero is making the market adjust. Who'd have thought?

Kinda funny how the market didn't tank when the fed increased rates under Clinton.

You mean when Clinton inherited Reagan's economy? The one that was so good not even Clinton could fuck it up?

It was definitely the Clinton economy. All the numbers were better than Reagan's....

 

[Brain357]

2 years ago intelligent people hoped trump was joking for most of his policy.

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

So which policy(s) do you feel are responsible?

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

 

[McRocket]

See what happens when you get a democrat house, they are scared


.

It is nothing whatsoever to do with the House...you are obviously just spinning furiously to try and take blame off of Trump.

The DOW nosedived in January as well. Was that on the House as well?

As Fox Business rightly points out:

'U.S. stocks closed sharply lower Monday, deepening annual losses, ahead of the final Federal Reserve policy meeting of the year and amid continued worries about the impact a trade war with China may have on the U.S. economy. At the lows of the afternoon the Dow Jones Industrial Average had fallen more than 600 points.'

Dow, S&P 500, Nasdaq in the red for 2018

You see any mention of the House in there?

No one on Wall Street with any sense gives a shit about the Dem House.

 

[william the wie]

I would worry much more about more rain on the left coast than the market adjusting prices to more floods and fires. All of the FAANG stocks, Microsoft, Boeing and Oracle having huge weather expenses.

 

[Brain357]

The problems are clearly trump policy. Same with the huge deficits. And on top of that they are predicting slow growth next year. MAGA.

Didn't the market know trump policy 2 years ago, weren't the "huge deficits" known months ago. Predictions...won't even go there.

2 years ago intelligent people hoped trump was joking for most of his policy.

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

China isn't stealing us blind. We send them paper and they send us all their resources.

 

[Thinker101]

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

So which policy(s) do you feel are responsible?

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

And we're getting closer to a deal with China.

 

[Brain357]

Trump policy didn't really start taking effect till this year. We can see the result of that.

So which policy(s) do you feel are responsible?

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

And we're getting closer to a deal with China.

What's the deal going to be that we pay more for their goods?

 

[McRocket]

my god souplines must be everywhere

And if this happened on Obama's watch - you would undoubtedly be calling it terrible.

Obviously no soup lines everywhere.

But if you want your manchild to be re-elected...you better hope to God this is not the beginning of bad times. Trump is at 40% in the respected polls with a 'great' economy. With a bad one - he will nose dive.

 

[Thinker101]

Didn't the market know trump policy 2 years ago, weren't the "huge deficits" known months ago. Predictions...won't even go there.

2 years ago intelligent people hoped trump was joking for most of his policy.

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

China isn't stealing us blind. We send them paper and they send us all their resources.

We send them paper? Unfortunately that paper is paper money.

 

[Thinker101]

So which policy(s) do you feel are responsible?

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

And we're getting closer to a deal with China.

What's the deal going to be that we pay more for their goods?

Sigh...

 

[Brain357]

2 years ago intelligent people hoped trump was joking for most of his policy.

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

China isn't stealing us blind. We send them paper and they send us all their resources.

We send them paper? Unfortunately that paper is paper money.

Why is that unfortunate? You can't make much out of paper, we get real resources. We can print more money.

 

[Brain357]

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

And we're getting closer to a deal with China.

What's the deal going to be that we pay more for their goods?

Sigh...

That's a yes?

 

[Wyatt earp]

See what happens when you get a democrat house, they are scared


.

It is nothing whatsoever to do with the House...you are obviously just spinning furiously to try and take blame off of Trump.

The DOW nosedived in January as well. Was that on the House as well?

As Fox Business rightly points out:

'U.S. stocks closed sharply lower Monday, deepening annual losses, ahead of the final Federal Reserve policy meeting of the year and amid continued worries about the impact a trade war with China may have on the U.S. economy. At the lows of the afternoon the Dow Jones Industrial Average had fallen more than 600 points.'

Dow, S&P 500, Nasdaq in the red for 2018

You see any mention of the House in there?

No one on Wall Street with any sense gives a shit about the Dem House.

Bullshit Maxine is taking Barney Frank's old job ..they are scared to death..

.

 

[Thinker101]

For at least 20 months they should have realized he wasn't joking.

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

China isn't stealing us blind. We send them paper and they send us all their resources.

We send them paper? Unfortunately that paper is paper money.

Why is that unfortunate? You can't make much out of paper, we get real resources. We can print more money.

We can print more money? Sure.

 

[McRocket]

Trump policy didn't really start taking effect till this year. We can see the result of that.

So which policy(s) do you feel are responsible?

All this tariff silliness is clearly quite the problem.

Tariff negotiation has been getting discussed for the last year(?). If not mistaken, Canada and Mexico have deals, and China is considering a deal. Can't see tariffs being the problem.

Not much changed with Canada and Mexico, which is fine. Maybe you haven't noticed, but we have some big new tariffs with China. That's a big new tax on us. Not good for an economy, and investors know that.

And we're getting closer to a deal with China.

LOL...like you are privy to inside information.

Where is your link to unbiased, factual proof that a trade deal is closer?

Not Trump bullshit or bureaucratic rhetoric or news service guesses...unbiased, factual proof?

I bet you can provide no such link.

In which case your words mean nothing.

 

[Brain357]

Trump policy didn't really start taking effect till this year. We can see the result of that.

You are ignoring the greatest influence on the stock market during Obama's reign that being Ben Bernanke keeping interest rates near zero. Under Trump, since the economy is robust Powell is raising them. When fixed interest rates get up near 3% money starts to leave the market. Oil prices are crashing also. The trade conflict with China is a big negative on the market, but that is necessary. How else do you stop China from stealing us blind on trade and IP piracy? Keep making meaningless speeches?

China isn't stealing us blind. We send them paper and they send us all their resources.

We send them paper? Unfortunately that paper is paper money.

Why is that unfortunate? You can't make much out of paper, we get real resources. We can print more money.

We can print more money? Sure.

So you would rather have paper than real resources?