Where is the Obligatory Panic Thread?

[william the wie]

The market stumbled today. And I waited for the usual "We're all going to die." thread but it never came. Not even the old reliables like rdean, jake and rightwinger posted their usual borderline psychotic threads. I really miss that. How about everyone else?

 

[Pete7469]

The market stumbled today. And I waited for the usual "We're all going to die." thread but it never came. Not even the old reliables like rdean, jake and rightwinger posted their usual borderline psychotic threads. I really miss that. How about everyone else?

I ignore 90% of the bed wetter threads. Eventually Media Matters will publish the shit they're supposed to parrot.

Be patient.

 

[TheOldSchool]

The market stumbled today. And I waited for the usual "We're all going to die." thread but it never came. Not even the old reliables like rdean, jake and rightwinger posted their usual borderline psychotic threads. I really miss that. How about everyone else?

What?

 

[jillian]

The market stumbled today. And I waited for the usual "We're all going to die." thread but it never came. Not even the old reliables like rdean, jake and rightwinger posted their usual borderline psychotic threads. I really miss that. How about everyone else?

you mean like you all did for eight years? like that?

 

[IsaacNewton]

The market will tank sooner than later and guess who cons will be first to blame.

"Obama reached around Trump's great 2017 market and Obama is responsible for the crash." The whining, excuse making, teeth gnashing, and pointing of boney fingers by cons at anyone other than their dear leader or themselves will be swift and particularly angsty. The cries that the 'tax cut' had nothing to do with a crashing market will be Golemic desperation.

 

[Imissbush]

This could be the start of a slow decline. That's a political disaster for Trump.

 

[william the wie]

This could be the start of a slow decline. That's a political disaster for Trump.

No. A 2,700 point drop would blow off the gamblers and create wonderful buying opportunities. If that does not happen then we will have the lunatic valuations we have now for years.
This is the downside of the Chinese model that Trump is using.

 

[Imissbush]

This could be the start of a slow decline. That's a political disaster for Trump.

No. A 2,700 point drop would blow off the gamblers and create wonderful buying opportunities. If that does not happen then we will have the lunatic valuations we have now for years.
This is the downside of the Chinese model that Trump is using.

We are in the second longest bull market ever, so the end is nigh! But the world economy is kicking it, so it really looks good. But the stock market is funny, and can do what it wants. Bubbles burst

 

[william the wie]

The Bubble that is going to burst is the effectively unlimited SALT and unlimited appreciation of real estate in the blue wall. Pelosi was right about these results being Armageddon but only for the D machines. This will be blamed on the implosion of the deep state failed coup but it will be the deduction cap that will wreck the Democrats.

 

[MarathonMike]

The Bubble that is going to burst is the effectively unlimited SALT and unlimited appreciation of real estate in the blue wall. Pelosi was right about these results being Armageddon but only for the D machines. This will be blamed on the implosion of the deep state failed coup but it will be the deduction cap that will wreck the Democrats.

William what do you think about the 10 year note hitting 3% as a needle that pricks the bubble? The talking heads chat it up like it's a given but I don't know that locking up your money for 10 years at 3% will be all that appealing in the face of growing inflation.

 

[Issa]

The cons are funny. They ignore that the economy carried on positively for years under Obama. And are giving all credit to the orange.
Now that the market is tanking they gonna blame the DNC, aliens, Mexico and probably the aliens

 

[DarkFury]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

 

[william the wie]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

 

[DarkFury]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

 

[william the wie]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

We are nearly below 4% UE already and the Atlanta fed is predicting 5.4% GDP growth for the first qtr so that horse has left the barn.

 

[DarkFury]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

We are nearly below 4% UE already and the Atlanta fed is predicting 5.4% GDP growth for the first qtr so that horse has left the barn.

And at 5.4 we have inflation unless the government profit takes. A good economic brake would be to increase SS by 1.9 percent to keep the balance. Your social programs should be used for mild braking NOT an economic driver.

 

[jon_berzerk]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

We are nearly below 4% UE already and the Atlanta fed is predicting 5.4% GDP growth for the first qtr so that horse has left the barn.

we have not cut welfare down enough yet

 

[DarkFury]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

We are nearly below 4% UE already and the Atlanta fed is predicting 5.4% GDP growth for the first qtr so that horse has left the barn.

we have not cut welfare down enough yet

SS is not welfare it's and economic brake we can use to reinvest in the community. Welfare needs to be cut from the top down. If welfare allows those making 40k to collect then cut it to 30. The real theft and fraud in that food chain takes place at the top not the bottom!

 

[jon_berzerk]

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

There is always a down turn with any major profit taking! I don't care if you are a mom and pop with five employees. If you give a raise that's profit TAKING. All those companies who gave bonuses and raises have to take that out of their future earnings. That lessens the price of the stock because FUTURE expected earnings are effected!

And the more companies who give a bonus or raise the more the market has to re-adjust for that impact. It's just simple economics even a liberal should understand. If you give your child a 1000 dollar bonus your bank account is about to be 1000 dollars poorer okay? If you give your child 5 dollars a week increase in allowance then your monthly income is down 20 dollars okay?

More money in their pocket means less in YOURS. The bonuses and raises were profit taking.

FURY

depending on where the profit taking was taking place there might have been a flavor of extortion involved. Except for retail the labor shortage is getting huge here in FL. Business construction began before the tax bill passed.

There is also the problem that high tech is getting commoditized with Apple, Amazon and the rest of the FANG companies all in correction territory. Mitsubishi (US) is competing with Tesla for low cost cleaner air pick up trucks.

The other side of the coin is that NYC is going through a housing market crash and CA is seeing its tax base implode.

The labor shortage will cause the next round of profit taking as wages increase. 3% of the population is either to old or disabled to work. So the closer you get to 4% unemployment the higher wages go. If unemployment hits 4 and GDP also hits 4 you will see a stable balance.

We are nearly below 4% UE already and the Atlanta fed is predicting 5.4% GDP growth for the first qtr so that horse has left the barn.

we have not cut welfare down enough yet

SS is not welfare it's and economic brake we can use to reinvest in the community. Welfare needs to be cut from the top down. If welfare allows those making 40k to collect then cut it to 30. The real theft and fraud in that food chain takes place at the top not the bottom!

too many people sitting home playing the PS4 and smoking weed

if the handouts stop they will seek gainful employment

 

[william the wie]

Well the problem with the Trump economic plan is that it does not fit Keynesian or any other nation state economic models.

1) Set up a migration gradient as with east and west Germany after WWII but prior to the building of an effective Iron Curtain. This created the German economic miracle. This internal migration model was repeated later with South Korea, coastal China and Ireland. The tax bill deduction caps have created such a gradient.

2) External migration is much trickier but if the other English speaking countries are treated as East Germanies that will work too.

3) This will be a very rough ride but it has the potential of tripling GDP by the time of reelection.