Trump: If I lose in 2020, stock market will crash

Discussion in 'Current Events' started by Egoboy, Jun 15, 2019.

  1. ronv

    ronv Well-Known Member

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    I'm in about the same place.
    25% cash, 10% bonds and 65% funds.
    But I'm goosy. Even my wife's gung ho broker is getting scared.
     
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  2. Arkanis

    Arkanis Well-Known Member

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    Do you understand the correlation between unemployment rates and economic growth?

    Do you think it's possible to achieve a high growth rate when unemployment is high?

    Now explain to me why the growth rate in 2018 is only 2.9% while unemployment is historically low.

    Take your time with this one.
     
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  3. Spim

    Spim Well-Known Member Past Donor

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    Yeah I've gotten a little jumpy because we've had some of those big drop days but there's times when I see a big drop and I don't really lose that much and we could a hundred Point rebound the next day and I get it all back. My fund balance has been a net positive every month , of course were contributing a bunch as well, so were forcing it to grow.
     
  4. ronv

    ronv Well-Known Member

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    Yeah. I went thru that. My problem was I'm retired, so the bank wasn't to excited about me having two houses and only SS and investments as income. I finally had to cross my heart and promise to withdraw from 401K's if I didn't sell the old one. Fortunately it sold, but it would have been ugly had it not.
     
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  5. Steve N

    Steve N Well-Known Member Past Donor

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    The growth rate in 2018 was 3.1%

    Do you not understand the reason for unemployment under Obama? Let me help you, Obamacare and making jobs moving overseas more attractive than being here.

    Now what was Obama’s best economic growth rate? I know, you know, but you are avoiding it.
     
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  6. ronv

    ronv Well-Known Member

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    I just got back to where I was before the December surprise.
    I hate that. It's the same way I feel in Vegas. Once the money is on my side of the table I think it's mine. :)
     
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  7. Arkanis

    Arkanis Well-Known Member

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    No, it was 2.9%

    Keep your fact straight.

    https://www.reuters.com/article/us-...-misses-trumps-3-percent-target-idUSKCN1QH0HO

    When Obama became President, the unemployement rate was nearly 10%.

    It was at 4.7% when he left in 2016....
     
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  8. Steve N

    Steve N Well-Known Member Past Donor

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  9. Market Junkie

    Market Junkie Banned

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  10. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    I don’t know about a crash ... maybe.

    But if a socialist Dem is elected, the market will take a serious hit. It will be a giant bear market.
     
  11. PrincipleInvestment

    PrincipleInvestment Well-Known Member

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    tenor.gif
    :lol: Right ... everyone on Wall St. is giddy about the prospect of a 70% tax bracket. :roll: Then there's this demo-commie genius, Ron Wyden's market crash scheme ... tax capital gains before profits are realized ... at 37% annually. The demo-commies running against Trump have every intention of destroying the economic progress and investment security Trump's created. Ignoring the panderings of DNC hopefuls is par for the course, because they rarely deliver on anything they promise. Tax and spend wealth redistribution schemes being that one rare exception. People should pay attention to the demo-commies economic "message" ... I'll illustrate.
     
    Last edited: Jun 16, 2019
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  12. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

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    Heaven help us then. His so-called negotiating tactics resulted in several bankruptcies, thousands of lawsuits and repeated out-of-court settlements to avoid felony convictions.
     
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  13. Arkanis

    Arkanis Well-Known Member

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    Last edited: Jun 16, 2019
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  14. Spim

    Spim Well-Known Member Past Donor

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    Sorry, I meant nov 16' which was the last time I remember a lots of peeps saying that Trump's election was going to bottom the market.

    I had some really smart people or at least people that claim to be smart saying that things were going to be god-awful if he won the election and I guess I should clarify it's not that I didn't listen it's just that I didn't think Trump was going to win so I didn't do anything. I'm not an expert in anyway I'm just some guy with a 401k.


    If you're talkin December of 18 I didn't pull out of that it kind of caught me off guard but I certainly didn't add in the next day I was just hoping it wasn't the beginning of a big whammy.
     
    Last edited: Jun 16, 2019
  15. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Trump took office in November of 2016, and the market took off like a rocket. The Dems took control of the house in November of 2018, and they promised to do everything they could to throw Trump out of office. What happened immediately after?

    Screen Shot 2019-06-16 at 8.33.06 AM.png

    Luckily, it didn't take long for investors to see through the Democrat's hollow, impotent threats.

    But yeah, let's pretend that Trump holding office has no effect whatsoever on the markets. Who are you going to believe? The Trump haters, or your own lying eyes?
     
    Last edited: Jun 16, 2019
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  16. Capt Nice

    Capt Nice Well-Known Member

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    Perhaps. The really sad ones are the ones who voted for trump without being influenced by any outside source.
     
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  17. ronv

    ronv Well-Known Member

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    Yeah, and then they found out Trump was full of sh!t and it hasn't moved for a year and a half..
     
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  18. Bowerbird

    Bowerbird Well-Known Member

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    What the **** or the market :p
     
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  19. ronv

    ronv Well-Known Member

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    Good question>

    [​IMG]
     
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  20. gamewell45

    gamewell45 Well-Known Member Past Donor

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    Unions???? 95.1% of the private sector is non-union and you think unions have that much of an impact??? Come on SteveN, be real.
     
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  21. gamewell45

    gamewell45 Well-Known Member Past Donor

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    OSHA????? OSHA is about as effective as putting sun tan lotion on a gunshot wound. Trump has rendered OSHA impotent through his budget cuts to the point where they are effectively useless in most cases.
     
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  22. Arkanis

    Arkanis Well-Known Member

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    LoL.

    You Trumpsters are killing me.

    The election of Democrats to Congress has absolutely nothing to do with the markets fall in the week of 16-21 December 2018.

    After years of gains, US investors are fleeing stocks, worried about a range of factors likely to hit corporate profits, including slowing economic growth domestically and abroad.

    Earlier this week, the US Federal Reserve lifted the interest rate and signalled that it would continue to rise next year, albeit at a slower pace.

    The Fed also cut its forecasts for economic growth in 2019 to 2.3%, down from the 2.5% predicted in September.
     
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  23. struth

    struth Well-Known Member

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    If trump doesn’t win that means a dem won, which would cause the market to crash
     
  24. truth and justice

    truth and justice Well-Known Member

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    17 months of no growth in DJIA is hardly a "hell of a run"
     
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  25. gamewell45

    gamewell45 Well-Known Member Past Donor

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    That's fine; it'll be nice watching the 1% sweat it out.
     
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