Market reaction to Trump's China tariffs? DOW crashes over 700 points!!!

Discussion in 'Political Opinions & Beliefs' started by PT78, Mar 22, 2018.

  1. AKS

    AKS Banned

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    T fok are you talking about? It's true, even the white house admitted it. Of course anyone with a shred of common sense or a semester of economics knew the same thing. No spin at all.
     
  2. Shonyman32

    Shonyman32 Well-Known Member

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    Obama started at a record low. If the economy was so good under obama the 48 percent is an incredible gain.
     
  3. JakeStarkey

    JakeStarkey Well-Known Member

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    And Trump starting at the economic recovery's strong thrust, whereas Obama had to recover the economy.
     
  4. truth and justice

    truth and justice Well-Known Member

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    Record low? What are you going on about! Obama wasn't President in 1915
     
  5. Shonyman32

    Shonyman32 Well-Known Member

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  6. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    How many here put their money where their Trump-hating mouths were and bet against Trump?

    Anybody want to admit making any dumb financial decisions?

    Yeah, that's what I thought.

    Here's how you make a small fortune...

    Start with a big fortune, and bet against Trump. :D
     
    Last edited: Feb 20, 2020
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  7. JakeStarkey

    JakeStarkey Well-Known Member

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    Obama started at the bottom of the recession, truth and justice, and his economic recovery, after the diesters of the GOP manipulating the economy, was wonderful.

    If Obama were in office, the numbers would be over 31,000.
     
  8. TOG 6

    TOG 6 Well-Known Member

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    23 MAR 2018: 23,533.20
    19, FEB 2020: 29,232.19 +24.2%
    Boy, I don't think we can survive any more of this ugliness.
    :lol:
     
    Last edited: Feb 20, 2020
  9. truth and justice

    truth and justice Well-Known Member

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    Running away from your use of the words "record low" you used for dramatic effect, hey?

    And if you really want to use the March 6th 2009 index instead of the Jan 20th 2009 then Obama's achieved percentage rise is even higher than 62% increase; 99% increase in index, 200% better over Trump!
     
  10. One Mind

    One Mind Well-Known Member Past Donor

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    America loses when our elites and both parties made America dependent on a communist state for what we consume even antibiotics!

    Greed driven insanity created our Achilles heel and you are concerned with no one wins a trade war?

    Disemboweling America is dangerous stupidity and yet you have supported it.
     
  11. Zorro

    Zorro Well-Known Member

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    He might have some value as a reverse indicator. Up 5 THOUSAND points since his Crash call?
     
  12. Zorro

    Zorro Well-Known Member

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    It's nice that we have President who puts American First and knows that Trade Wars are Fun and Easy to Win!
     
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  13. gamewell45

    gamewell45 Well-Known Member Past Donor

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    That's great news if you own stocks but if you don't it means absolutely nothing to the average person.
     
  14. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Just over 50% of people own stocks, so yes, the average person does own stock.

    And if you don't own stock, you should care, and you should aspire to get into the game, and reap the MAGA economy profits.

    Or be broke and bitter, see if I give a care.
     
    Last edited: Feb 20, 2020
  15. gamewell45

    gamewell45 Well-Known Member Past Donor

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    You assume that people who don't own stock are bitter and broke?? How arrogant of you. I guess people who invest in the stock market live and die by the market. God forbid if the market crashes and people lose all their hard earned money; if that happens would you become broke and bitter?
     
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  16. tharock220

    tharock220 Well-Known Member

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    The predictions of economic doom and gloom don’t ever seem to age well. I figure if the thread starters had any sort of portfolio that was showing growth they’d be a lot less happy at “bad” economic news.
     
  17. JakeStarkey

    JakeStarkey Well-Known Member

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    People from all sides doom and gloom all the time.

    I do think Trump's promises of a 2.3 GDP won't be one-half of that.
     
  18. Giftedone

    Giftedone Well-Known Member Past Donor

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    The Dow was at 6500 when Obama came into office - When he left it was over 20,000. Hmmmmm :)
     
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  19. JakeStarkey

    JakeStarkey Well-Known Member

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    Obama also created more jobs than Trump.
     
  20. squidward

    squidward Well-Known Member

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    What's a job?
     
  21. vman12

    vman12 Well-Known Member Past Donor

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    Yeah when US businesses do well it doesn't impact regular americans at all.
     
  22. gamewell45

    gamewell45 Well-Known Member Past Donor

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    Your right; if they are smart, they put their money in the bank.
     
  23. vman12

    vman12 Well-Known Member Past Donor

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    Yeah they brilliantly make 3% interest.
     
  24. truth and justice

    truth and justice Well-Known Member

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    Have to admire your timing of reopening a two year old thread!
     
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  25. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    It certainly is.

    The rash of pandemic panic selling is a fantastic 'buy low' opportunity.
     
    Last edited: Feb 28, 2020
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