seems like the economic meltdown predicted in the event of a Trump victory has failed to materialize. Wall Street is at a record high, the dollar a 14-year peak, and speculatorsÂ’ bets against 10-year US Treasuries on the Chicago futures exchange are near record levels. So much for the doom and gloom from the left. US consumer sentiment rises to highest level since 2004 Americans are more confident in the economy than at any point in nearly 13 years, according to a closely followed survey that showed high expectations for growth during the new Trump administration. The University of Michigan said Friday its monthly index of consumer sentiment rose 4.7 points from a month earlier to a reading of 98.2 in December, reaching the highest level since January 2004. A measure of consumer views on the current state of the economy rose healthily while a measure of their expectations for growth in the future climbed even more quickly. Economists surveyed by The Wall Street Journal expected a reading of 98.7 this month.
good point, still nice to see the effect that Trump is having on the economy even before he is sworn in. That in itself is enough to induce a blind rage in the left
And after Trump there will be no way anything will go but down. Right now, people are just being allowed to realize how good Obama has made things without the alt.right to carp, denigrate and minimize every accomplishment. Eventually, however, the reality of having a reality star in charge will set in AND the kleptocrats will begin to plunder the rich prizes that stray across their bows, it's in their nature. Then you will be apprised again of what a 'bubble' is, through hard experience Trump, as I've said before, is being watched with great expectations by everybody. He has the chance to really make himself in the eyes of the world, much more than most new Presidents do because the bar has been set so low. All he really has to do is. frex, not say something that threatens to destroy the world in nuclear fire.
It reminds me of the Reagan era and once again America is coming out of its malaise and seeing a bright future.
I freelance in retail and it's like someone flipped a switch this years! You can hardly move around in the stores or keep anything on the shelves, people are spending money bigtime knowing Bad Barry is a thing of the past!
Examples please. If the bar is low it's because of the way the left skewered him during the election. But if you paid attention to what Trump campaigned on, the bar is quite high and by his own doing. If Trump just erased everything Obama did and went on vacation for the rest of his term I'd me happy, but he's going to do a lot more. A lot.
With Obama Teh Anointed in the White House, in eight years Democrats lost Teh House, Teh Senate, Teh White House and around fifteen hundred elected seats on a State and City levels. Fifteen (*)(*)(*)(*)ing hundred! Now, read what you've just wrote
I think we're going to see Trump's Wall Streeters push borrow and spend and tax cuts for the rich, just like George W Bush and Ronald Reagan did. This will take an already strongly recovering economy and ignite a speculative boom, which is what happened in the Bush years. Trump's Wall Street men will bend the rules to make the Wall Street casino pay off for them and take their cut off the top. When Trump leaves, he'll leave an overextended and declining economy behind him. But his new Wall Street friends will get rich! That's how Reagan went out, and so did Bush.
Because of Trump intervening, Lockheed Martin has just commited to a lower profits, making their stock less attractive and thus causing Wall Street investors to LOSE MONEY! How do you figure?
It's really hard to take any leftist remarks on the economy seriously. After Paul Krugman, a Nobel winning economist and leftist loon, posted this on November 9th: http://economistsview.typepad.com/economistsview/2016/11/paul-krugman-the-economic-fallout.html "It really does now look like President Trump, and markets are plunging. When might we expect them to recover?.....Still, I guess people want an answer: if the question is when markets will recover, a first-pass answer is never." Dow Jones:
If you're talking about dividing America along racial lines and every other line then obama gets the prize. The economy is great if you want to work three part time jobs for minimum wage. obama with his muslim leanings has left the middle east ablaze. Trump has one hell of a mess to clean up. It would be really funny if Trump pulls an obama and says this is all a lot worse than he thought.............
And the reverse is true too...and BO has left a lot of trash behind...when is that UHaul pulling up to the White House to carry BO et al away?
So it predicted Trump's Coming around 8 years ago? or MAYBE it's due to the plummeting unemployment rate and GDP numbers that are pretty good: OR maybe it's climbing because wage growth has also been pretty good: Don't worry, I'm sure the Republicans will "fix" the problem of an economy that is finally taking off even while they fought to bring it back down again.
How many people will lose their jobs because of Trump's "intervention?" Trump's already putting people out of work.[/quote]
uh, how is doubling the dow jones, taking unemployment to under 5% and halving the deficit harming America? lol
