Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

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

Discussion in 'Current Events' started by MrTLegal, Dec 18, 2018.

Page 1 of 3
  1. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    upload_2018-12-18_14-45-29.png

    https://www.cnbc.com/2018/12/17/wor...-the-stock-market-since-great-depression.html

    Trump has, thus far, held onto that ~42% approval rating with a death grip of loyal trumpettes. And their primary argument, to date, has been that Trump has created a raging economy. But cracks are starting to appear in the economy with the CNBC Fed Survey finding the chance of a recession in the next 12 months at the highest point of the Trump presidency.

    In addition to fears created by a trade war, there is reporting today that the GOP tax break resulted a $0.02/hour average bonus for American workers. And now the Dow Jones and the S&P are currently on pace for the worst December since the Great Depression.

    So what do you think will happen to Trump's approval rating if the economy tanks?
     
    MrTLegal, Dec 18, 2018
    #1
    Durandal and Cubed like this.
  2. BuckyBadger

    BuckyBadger Well-Known Member

    Joined:
    Aug 15, 2018
    Messages:
    12,354
    Likes Received:
    11,778
    Trophy Points:
    113
    Please keep falling, I am going to make a killing when it comes flying back up!
     
    BuckyBadger, Dec 18, 2018
    #2
    APACHERAT likes this.
  3. TrackerSam

    TrackerSam Well-Known Member Past Donor

    Joined:
    Mar 17, 2015
    Messages:
    12,114
    Likes Received:
    5,379
    Trophy Points:
    113
    Why are you so happy about it?
     
    TrackerSam, Dec 18, 2018
    #3
  4. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Why do you think the economy will come flying back up?
     
    MrTLegal, Dec 18, 2018
    #4
  5. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    What, from this thread, gave you the idea that I was happy about the Stock Market being on pace for the worst December since the Great Depression?
     
    MrTLegal, Dec 18, 2018
    #5
  6. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

    Joined:
    Sep 9, 2010
    Messages:
    19,083
    Likes Received:
    2,706
    Trophy Points:
    113
    The only people that seem to be happy is Mr. Badger.

    The rational Americans are trying to counter the Trump propaganda that the Republicans are supposedly doing a good job!

    Not!
     
    fiddlerdave, Dec 18, 2018
    #6
    MrTLegal likes this.
  7. Cubed

    Cubed Well-Known Member Past Donor

    Joined:
    Mar 28, 2012
    Messages:
    17,968
    Likes Received:
    4,954
    Trophy Points:
    113
    Nothing from the 'but my 401k' crowd?? Unsurprising.
     
    Cubed, Dec 18, 2018
    #7
    Quantum Nerd likes this.
  8. BuckyBadger

    BuckyBadger Well-Known Member

    Joined:
    Aug 15, 2018
    Messages:
    12,354
    Likes Received:
    11,778
    Trophy Points:
    113
    Because it always does, even after crashes.

    You are just starting another thread aimed at slamming Trump. Why is that? Why do you tie everything and anything to Trump?
     
    BuckyBadger, Dec 18, 2018
    #8
    EMTdaniel86 and Blaster3 like this.
  9. BuckyBadger

    BuckyBadger Well-Known Member

    Joined:
    Aug 15, 2018
    Messages:
    12,354
    Likes Received:
    11,778
    Trophy Points:
    113
    Because most are able to weather the short term storms. As long as contributions are made and employer contributions are taken advantage of, a lot of the short term can be weathered easily.

    Why so glum lately?
     
    BuckyBadger, Dec 18, 2018
    #9
  10. Pred

    Pred Well-Known Member

    Joined:
    Oct 18, 2011
    Messages:
    24,401
    Likes Received:
    17,387
    Trophy Points:
    113
    Because your post history proves you take great joy in the other side messing up, so you can "win". And your disdain for the Right is historic here=) That's the disturbing part, you wanting things to go badly, like so many on the Left. Although, if Trump didn't do anything to improve the market, like Obama said and so many Democrats claim, why is he responsible for it going down? I wonder if Obama will take credit for any crashes since he certainly claimed any prosperity were his. How very interesting=) WHo's betting, he'll blame Trump for all the bad, while taking credit for all the good=)
     
    Pred, Dec 18, 2018
    #10
  11. Crownline

    Crownline Banned at Members Request

    Joined:
    Sep 1, 2016
    Messages:
    6,472
    Likes Received:
    6,537
    Trophy Points:
    113
    Gender:
    Male
    More than likely because he doesn’t have a dime in it.
     
    Crownline, Dec 18, 2018
    #11
  12. 9royhobbs

    9royhobbs Well-Known Member

    Joined:
    Aug 25, 2015
    Messages:
    15,008
    Likes Received:
    5,459
    Trophy Points:
    113
    They probably said the same thing in 1929.
    It always comes back up.......but sometimes it takes a LONG time.
     
    9royhobbs, Dec 18, 2018
    #12
    MissingMayor and Egoboy like this.
  13. TrackerSam

    TrackerSam Well-Known Member Past Donor

    Joined:
    Mar 17, 2015
    Messages:
    12,114
    Likes Received:
    5,379
    Trophy Points:
    113
    Everything.
     
    TrackerSam, Dec 18, 2018
    #13
  14. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    When was the last time that Obama claimed credit for the current economic situation? And how much blame do you think he deserves for a theoretical crash that takes place 2+ years after he left office?
     
    MrTLegal, Dec 18, 2018
    #14
  15. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    And that, my friends, is an example of a real ****ing **** argument. Get ignored (again).
     
    MrTLegal, Dec 18, 2018
    #15
  16. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    This is a political debate forum. Everything gets tied to politics. Are you saying that you do not tie current economic conditions to trump?
     
    Last edited: Dec 18, 2018
    MrTLegal, Dec 18, 2018
    #16
  17. BuckyBadger

    BuckyBadger Well-Known Member

    Joined:
    Aug 15, 2018
    Messages:
    12,354
    Likes Received:
    11,778
    Trophy Points:
    113
    But it still rises and if you know how to play the market and take advantage of it, you can make a killing. It's not even that hard to do!
     
    BuckyBadger, Dec 18, 2018
    #17
  18. Egoboy

    Egoboy Well-Known Member Donor

    Joined:
    Oct 31, 2017
    Messages:
    44,763
    Likes Received:
    32,099
    Trophy Points:
    113
    Gender:
    Male
    My thought exactly....
     
    Egoboy, Dec 18, 2018
    #18
  19. BuckyBadger

    BuckyBadger Well-Known Member

    Joined:
    Aug 15, 2018
    Messages:
    12,354
    Likes Received:
    11,778
    Trophy Points:
    113
    You tie everything to Trump. Why not just talk economics and leave Trump out of it. When things are going great, you never give him credit. You only start screaming and jumping up and down when you can point out bad things. Face it, you thrive on misery and sometimes I think you hope things go bad, just so you can smile with glee about it.

    Unemployment is at record lows. Do you give Trump credit for that?
     
    BuckyBadger, Dec 18, 2018
    #19
    EMTdaniel86 likes this.
  20. Warm Potato

    Warm Potato Active Member

    Joined:
    May 5, 2018
    Messages:
    170
    Likes Received:
    70
    Trophy Points:
    28
    Gender:
    Male
    What goes up, must come down
     
    Warm Potato, Dec 18, 2018
    #20
  21. Egoboy

    Egoboy Well-Known Member Donor

    Joined:
    Oct 31, 2017
    Messages:
    44,763
    Likes Received:
    32,099
    Trophy Points:
    113
    Gender:
    Male
    Egoboy, Dec 18, 2018
    #21
  22. Blaster3

    Blaster3 Well-Known Member

    Joined:
    Sep 7, 2018
    Messages:
    6,008
    Likes Received:
    5,302
    Trophy Points:
    113
    normal occurrence this time of year
     
    Blaster3, Dec 18, 2018
    #22
  23. Egoboy

    Egoboy Well-Known Member Donor

    Joined:
    Oct 31, 2017
    Messages:
    44,763
    Likes Received:
    32,099
    Trophy Points:
    113
    Gender:
    Male
    Ba dum Dum! He's here all week, folks (which should give him time to read the OP)
     
    Egoboy, Dec 18, 2018
    #23
  24. Blaster3

    Blaster3 Well-Known Member

    Joined:
    Sep 7, 2018
    Messages:
    6,008
    Likes Received:
    5,302
    Trophy Points:
    113
    and?
     
    Blaster3, Dec 18, 2018
    #24
  25. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    "Normal" to see a Stock Market be on pace to match the worst December performance since the Great Depression? That's your position?
     
    MrTLegal, Dec 18, 2018
    #25
Page 1 of 3

Share This Page