The Trump Recession Begins

[Avatar4321]

Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals

Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.

Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.

That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.

Don't you think it appropriate to get him sworn in first? Moron?

It wasn't appropriate for your MessiahRushie, so the precedent has been established.

January 15,2009
RUSH: It's entirely fair to call this Obama's stock market because it's reacting to what Obama's plans are for the economy. It's not reacting to Bush. Bush isn't on anybody's mind here.

Alright. you win. We will blame the stock market increasing on trump. Not really sure why you think that is so important.

 

[Zoom-boing]

omg after all these years e.d. still gets a woodie for Rush.

 

[Avatar4321]

Did the dumbass OP and his followers catch the closing?

He thinks that trump is to blame for the "recession" in the stock market but the increases are Obama and Clinton conceding the election today. The mental gymnastics are absurd

 

[edthecynic]

Seriously edthecynic - how insanely stupid do you look right now?

Wall Street decides it's very, very happy with Trump

Wall Street closed sharply up after an extraordinarily wild ride. Dow futures were down as many as 800 points late Tuesday as the prospect of a Trump win became real. But after actual trading it closed up 257 — a swing of nearly 1,100. Big winners included financials (on expectations of less regulation) and big losers were hospitals (uncertainty about Obamacare). Nasdaq and the broader-market S&P 500 were also up more than 1% on the day.

You couldn't wait to start attacking Trump. You couldn't even wait 18 hours to get the facts straight. You're an immature partisan hack.

Wall Street decides it's very, very happy with Trump

The problem with that rationalization is the up tick happened when it was announced that Hillary and Obama would address the nation to insure a smooth transfer of power. Hillary and Obama calmed the markets by putting the country first, something the Right has never done. If you remember, the Right proudly said, "I hope Obama fails."

 

[WillowTree]

Seriously edthecynic - how insanely stupid do you look right now?

Wall Street decides it's very, very happy with Trump

Wall Street closed sharply up after an extraordinarily wild ride. Dow futures were down as many as 800 points late Tuesday as the prospect of a Trump win became real. But after actual trading it closed up 257 — a swing of nearly 1,100. Big winners included financials (on expectations of less regulation) and big losers were hospitals (uncertainty about Obamacare). Nasdaq and the broader-market S&P 500 were also up more than 1% on the day.

You couldn't wait to start attacking Trump. You couldn't even wait 18 hours to get the facts straight. You're an immature partisan hack.

Wall Street decides it's very, very happy with Trump

The problem with that rationalization is the up tick happened when it was announced that Hillary and Obama would address the nation to insure a smooth transfer of power. Hillary and Obama calmed the markets by putting the country first, something the Right has never done. If you remember, the Right proudly said, "I hope Obama fails."

Incorrect.

 

[edthecynic]

Did the dumbass OP and his followers catch the closing?

He thinks that trump is to blame for the "recession" in the stock market but the increases are Obama and Clinton conceding the election today. The mental gymnastics are absurd

The timing since the first Comey announcement, which sent the markets down for 9 straight days because they saw Trump gaining, until the second Comey announcement and as Hillary rebounded so did the market, bears that out. As Trump was winning on election night the market crashed again and didn't rebound until it was announced around 11 AM that Hillary and Obama would would address the nation.

 

[P@triot]

Seriously edthecynic - how insanely stupid do you look right now?

Wall Street decides it's very, very happy with Trump

Wall Street closed sharply up after an extraordinarily wild ride. Dow futures were down as many as 800 points late Tuesday as the prospect of a Trump win became real. But after actual trading it closed up 257 — a swing of nearly 1,100. Big winners included financials (on expectations of less regulation) and big losers were hospitals (uncertainty about Obamacare). Nasdaq and the broader-market S&P 500 were also up more than 1% on the day.

You couldn't wait to start attacking Trump. You couldn't even wait 18 hours to get the facts straight. You're an immature partisan hack.

Wall Street decides it's very, very happy with Trump

The problem with that rationalization is the up tick happened when it was announced that Hillary and Obama would address the nation to insure a smooth transfer of power. Hillary and Obama calmed the markets by putting the country first, something the Right has never done. If you remember, the Right proudly said, "I hope Obama fails."

Sooooooo....the market is "panicked" that Trump will be president but calmed simply because Obama and Hitlery spoke (even though that doesn't change the fact that Trump will be president)?!? Can you pull your tongue out of their asses for more than 10 seconds? Do you have any idea how bat-shit crazy you sound with your idol worship of those two nitwits?

 

[Sun Devil 92]

You realize he isnt president yet, right?

markets react to news

duhhh

Yes they do.....

Looks like they might have decided this was good news.

 

[ptbw forever]

You realize he isnt president yet, right?

Your MessiahRushie said it was "ENTIRELY FAIR" for the president elect to OWN the stock market before he is sworn in. It's Trump's crashing stock market, Obama is not on anybody's mind.

January 15,2009
RUSH: It's entirely fair to call this Obama's stock market because it's reacting to what Obama's plans are for the economy. It's not reacting to Bush. Bush isn't on anybody's mind here.

January 15th compared to the day of the election?

How retarded are you?

 

[JimBowie1958]

I wonder if the normal 40 hour work week will return.

There is no end to the Eddie false narratives. He's trying to skew reality with a statistical average which includes part-time employees who are part-time by choice.

What Barack Obama and the Dumbocrats did, however, was force people into part-time hours because their employers could no longer handle the expense of labor costs in the Dumbocrat marxist economy.

OK, if you only want to count FT jobs, by 2014 Obama has recovered all the hours Bush lost from the time he started. FT workers are getting more hours than any time since 2001.

The average work week is now 47 hours

A report that Gallup released Friday showed the average time worked by full-time employees has ticked up to 46.7 hours a week, or nearly a full extra eight-hour day. Just 40 percent of Americans who work full time say they clock the standard 40 hours a week. Another 50 percent say they work more than that.

While that 46.7-hour average doesn't represent a significant jump, it is still the highest it has been since 2001-2002, when the average was 46.9 hours.

Working 50 hours at McDonalds is certainly full time, but I wouldnt consider it the same as working an assembly line, dude.

 

[edthecynic]

You realize he isnt president yet, right?

Your MessiahRushie said it was "ENTIRELY FAIR" for the president elect to OWN the stock market before he is sworn in. It's Trump's crashing stock market, Obama is not on anybody's mind.

January 15,2009
RUSH: It's entirely fair to call this Obama's stock market because it's reacting to what Obama's plans are for the economy. It's not reacting to Bush. Bush isn't on anybody's mind here.

January 15th compared to the day of the election?

How retarded are you?

I was hoping some dumb SUCKER would bring that up!!!

Obama Recession in Full Swing
November 6, 2008

RUSH: The Obama recession is in full swing, ladies and gentlemen. Stocks are dying, which is a precursor of things to come. This is an Obama recession. Might turn into a depression. He hasn't done anything yet but his ideas are killing the economy. His ideas are killing Wall Street.

 

[Bush92]

Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals

Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.

Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.

That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.

Market through the roof yesterday.

 

[edthecynic]

I wonder if the normal 40 hour work week will return.

There is no end to the Eddie false narratives. He's trying to skew reality with a statistical average which includes part-time employees who are part-time by choice.

What Barack Obama and the Dumbocrats did, however, was force people into part-time hours because their employers could no longer handle the expense of labor costs in the Dumbocrat marxist economy.

OK, if you only want to count FT jobs, by 2014 Obama has recovered all the hours Bush lost from the time he started. FT workers are getting more hours than any time since 2001.

The average work week is now 47 hours

A report that Gallup released Friday showed the average time worked by full-time employees has ticked up to 46.7 hours a week, or nearly a full extra eight-hour day. Just 40 percent of Americans who work full time say they clock the standard 40 hours a week. Another 50 percent say they work more than that.

While that 46.7-hour average doesn't represent a significant jump, it is still the highest it has been since 2001-2002, when the average was 46.9 hours.

Working 50 hours at McDonalds is certainly full time, but I wouldnt consider it the same as working an assembly line, dude.

You have to admire the tenacity of the Right for lying! After the lie of Americans no longer working 40 hours, which was pontificated without facts, is exposed with actual data, they simply move the goalposts and pontificate a new lie without any facts to back it as in the liars still have credibility

 

[edthecynic]

Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals

Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.

Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.

That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.

Market through the roof yesterday.

Thank you Hillary and Obama.

 

[ScienceRocks]

I hope Trump crashes the economy like HOVER did. That is exactly what deregulation does everytime it is tried. People are so fucking dumb I'll be laughing in their worthless faces.

I hope when they remove the food safety regulations that people start getting sick as they will and start to wonder why the government isn't protecting me anymore??? Between the deregulations of our food and market place = cluster fuck and possibly a reawaking.

 

[The Breeze]

I hope Trump crashes the economy like HOVER did. That is exactly what deregulation does everytime it is tried. People are so fucking dumb I'll be laughing in their worthless faces.

Sounds like you need a Midol sparky.

 

[Avatar4321]

You realize he isnt president yet, right?

Your MessiahRushie said it was "ENTIRELY FAIR" for the president elect to OWN the stock market before he is sworn in. It's Trump's crashing stock market, Obama is not on anybody's mind.

January 15,2009
RUSH: It's entirely fair to call this Obama's stock market because it's reacting to what Obama's plans are for the economy. It's not reacting to Bush. Bush isn't on anybody's mind here.

January 15th compared to the day of the election?

How retarded are you?

I was hoping some dumb SUCKER would bring that up!!!

Obama Recession in Full Swing
November 6, 2008

RUSH: The Obama recession is in full swing, ladies and gentlemen. Stocks are dying, which is a precursor of things to come. This is an Obama recession. Might turn into a depression. He hasn't done anything yet but his ideas are killing the economy. His ideas are killing Wall Street.

Except the market is rallying and gaining strength since election results were finalized

 

[Avatar4321]

Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals

Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.

Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.

That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.

Market through the roof yesterday.

Just another sign of the trump recession

 

[Avatar4321]

I hope Trump crashes the economy like HOVER did. That is exactly what deregulation does everytime it is tried. People are so fucking dumb I'll be laughing in their worthless faces.

I hope when they remove the food safety regulations that people start getting sick as they will and start to wonder why the government isn't protecting me anymore??? Between the deregulations of our food and market place = cluster fuck and possibly a reawaking.

Hoover didn't deregulate. Quite the opposite. However he did support trade barriers like trump does

 

[xyz]

Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals

Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.

Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.

That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.

Market through the roof yesterday.

That's because he made a speech without insulting anyone. It remains to be seen if he can follow this through, in both speeches and actions.