U.S. stocks; Dow futures plunge more than 300 points as China fears return

[Mac1958]

Specifically what actions taken by Obama caused this?

Obama is not responsible for either the run-up over the last few years or what may happen now.

What partisans don't/won't understand is that it's a bit more complicated than that.
.

 

[NYcarbineer]

Specifically what actions taken by Obama caused this?

Glad you asked

Obama saved us from a depression by stepping in and saving the banks from collapsing and shoring up our auto companies until they could get back on their feet

His economic stimulus reversed a falling jobs market and put the country back on firm economic footing

While investors were in a panic and bailing on the market, Obama assured them that the power of the US Government would stand behind our economy. The US economy, under President Obama has had the strongest economic recovery from the Great Bush Recession of 2008 of any nation in the world

Obama didn't do any of those things, but then I already knew that. Thanks for playing stupid liberal.

Let us guess. It's only the bad things that have happened economically in the last 7 years that you can connect to Obama.

 

[saveliberty]

Specifically what actions taken by Obama caused this?

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

 

[NYcarbineer]

Specifically what actions taken by Obama caused this?

Obama is not responsible for either the run-up over the last few years or what may happen now.

What partisans don't/won't understand is that it's a bit more complicated than that.
.

Then why care who's President?

 

[Skull Pilot]

Specifically what actions taken by Obama caused this?

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

So you think the president has no influence with the fed?

He appoints members of the board and the chairman of the fed you knew that right?

 

[saveliberty]

Specifically what actions taken by Obama caused this?

Obama is not responsible for either the run-up over the last few years or what may happen now.

What partisans don't/won't understand is that it's a bit more complicated than that.
.

Then why care who's President?

You seem to think it is a big deal, tell us.

 

[rightwinger]

fyi when the market was in a frenzy over weakness in china back in september their market had since gone straight up significantly. so they are due for a built-in pull back correction right now...

China's markets tanked because the PMI revealed contraction, it's not a correction, it's a drop caused by a weakening manufacturing sector

China is collapsing because their economy is built on a house of cards based on bogus economic data. The bill is coming due and China can't pay

Meanwhile the Obama economy remains the strongest in the world as those who were predicting that China would overtake us are in hiding

 

[saveliberty]

Specifically what actions taken by Obama caused this?

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

So you think the president has no influence with the fed?

He appoints the head of the fed you knew that right?

History shows the Fed Chairperson has been very independent of the president.

 

[Fueri]

2015 was the worst year for the market since 2008. It was down slightly for the year, so that talking point of 'ooooh look at the market' isn't valid at this point.

Leading indicators indicate a probable recession in 2016.

China's bubble is deflating, which isn't going to help in terms of equities either. If they slide hard we're all going with them.

We could tick off plenty of things wrong with this 'recovery', although the fan bois will just keep blaming Bush and cheering Obama.

When the market dumps heavily they'll still be doing it. When more jobs are lost to tpp they'll still be doing it. When labor force participation falls further......you get the idea.

The balance of rhetoric to actual market analysis is severely lacking and I doubt it will change much as they try to carry hilly to the white house.

 

[BluesLegend]

fyi when the market was in a frenzy over weakness in china back in september their market had since gone straight up significantly. so they are due for a built-in pull back correction right now...

China's markets tanked because the PMI revealed contraction, it's not a correction, it's a drop caused by a weakening manufacturing sector

China is collapsing because their economy is built on a house of cards based on bogus economic data. The bill is coming due and China can't pay

Meanwhile the Obama economy remains the strongest in the world as those who were predicting that China would overtake us are in hiding

Obama doesn't have an economy fool, we doubled US oil production in spite of Obama and rubbed his climate change nose in it.

 

[rightwinger]

Specifically what actions taken by Obama caused this?

Glad you asked

Obama saved us from a depression by stepping in and saving the banks from collapsing and shoring up our auto companies until they could get back on their feet

His economic stimulus reversed a falling jobs market and put the country back on firm economic footing

While investors were in a panic and bailing on the market, Obama assured them that the power of the US Government would stand behind our economy. The US economy, under President Obama has had the strongest economic recovery from the Great Bush Recession of 2008 of any nation in the world

Obama didn't do any of those things, but then I already knew that. Thanks for playing stupid liberal.

Were you in a coma in 2009?

 

[SassyIrishLass]

fyi when the market was in a frenzy over weakness in china back in september their market had since gone straight up significantly. so they are due for a built-in pull back correction right now...

China's markets tanked because the PMI revealed contraction, it's not a correction, it's a drop caused by a weakening manufacturing sector

China is collapsing because their economy is built on a house of cards based on bogus economic data. The bill is coming due and China can't pay

Meanwhile the Obama economy remains the strongest in the world as those who were predicting that China would overtake us are in hiding

 

[Freewill]

An indication of where the real wealth has grown. For average Joes not much of an increase. Obama took care of the 1 percent. Must be his firm belief in trickle down economics. One does have to remember that prior to 2008 the housing market was riding a HUGE bubble. Which has to burst and did under a Democrat Congress. When the burst happen housing priced didn't drop through the bottom they merely dropped to where they should have been without the bubble. Yeah a lot of folks lost equity and money but that is what happens when one buys anything on a bubble trying to flip houses and score big. Sometimes people lose, but in Obama's world they get bailed out.

 

[rightwinger]

Specifically what actions taken by Obama caused this?

Glad you asked

Obama saved us from a depression by stepping in and saving the banks from collapsing and shoring up our auto companies until they could get back on their feet

His economic stimulus reversed a falling jobs market and put the country back on firm economic footing

While investors were in a panic and bailing on the market, Obama assured them that the power of the US Government would stand behind our economy. The US economy, under President Obama has had the strongest economic recovery from the Great Bush Recession of 2008 of any nation in the world

Obama didn't do any of those things, but then I already knew that. Thanks for playing stupid liberal.

Were you in a coma in 2009?

 

[Siete]

I for one am crossing my fingers hoping it stops dropping. My business can not withstand another economic collapse. Barely survived the last one.

first of the year correction, as usual.

not to worry, the bottom feeders will be out in no time, and the market will be back bau.

 

[Skull Pilot]

Specifically what actions taken by Obama caused this?

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

So you think the president has no influence with the fed?

He appoints the head of the fed you knew that right?

History shows the Fed Chairperson has been very independent of the president.

.

You are naive to the point of mental retardation if you think the president cannot influence the federal reserve

 

[rightwinger]

An indication of where the real wealth has grown. For average Joes not much of an increase. Obama took care of the 1 percent. Must be his firm belief in trickle down economics. One does have to remember that prior to 2008 the housing market was riding a HUGE bubble. Which has to burst and did under a Democrat Congress. When the burst happen housing priced didn't drop through the bottom they merely dropped to where they should have been without the bubble. Yeah a lot of folks lost equity and money but that is what happens when one buys anything on a bubble trying to flip houses and score big. Sometimes people lose, but in Obama's world they get bailed out.

Our economy is structured around taking care of the one percent. Obama and the Democrats are willing to change that....guess who is stopping them?



.

 

[saveliberty]

Specifically what actions taken by Obama caused this?

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

So you think the president has no influence with the fed?

He appoints the head of the fed you knew that right?

History shows the Fed Chairperson has been very independent of the president.

.

You are naive to the point of mental retardation if you think the president cannot influence the federal reserve

Show me the last time a president changed the Federal Reserve vote on policy.

 

[Skull Pilot]

An indication of where the real wealth has grown. For average Joes not much of an increase. Obama took care of the 1 percent. Must be his firm belief in trickle down economics. One does have to remember that prior to 2008 the housing market was riding a HUGE bubble. Which has to burst and did under a Democrat Congress. When the burst happen housing priced didn't drop through the bottom they merely dropped to where they should have been without the bubble. Yeah a lot of folks lost equity and money but that is what happens when one buys anything on a bubble trying to flip houses and score big. Sometimes people lose, but in Obama's world they get bailed out.

Our economy is structured around taking care of the one percent. Obama and the Democrats are willing to change that....guess who is stopping them?

Obama seemed to take care of the 1% very well in his tenure as president

 

[Skull Pilot]

The fed held interest rates at effectively zero so the only place anyone could get any return at all on their money was the stock market

Many people were actually borrowing money at nearly 0% and then investing to get a return via the stock market

It's a nice trick but sooner or later we're going to have to pay the piper for it

Yes, the FED, not Obama.

So you think the president has no influence with the fed?

He appoints the head of the fed you knew that right?

History shows the Fed Chairperson has been very independent of the president.

.

You are naive to the point of mental retardation if you think the president cannot influence the federal reserve

Show me the last time a president changed the Federal Reserve vote on policy.

You have no clue how things work in politics do you?