Current events discussion

[ThxOne Premium Member]

"All the time". This will be the fastest flip during a new administration in the history of the S&P500.
Bull to bear is NOT "winning".

No retirement accounts? No employment?

Seriously... change the channel. The information you let people fill your head with is not good. This sure looks like the S&P 500 continuing up with, just like I said, ups and downs. It's a common tactic of the left to use fear and misinformation to manipulate people into thinking they are right.

 

[Jimi77 Premium Member]

Seriously... change the channel. The information you let people fill your head with is not good. This sure looks like the S&P 500 continuing up with, just like I said, ups and downs. It's a common tactic of the left to use fear and misinformation to manipulate people into thinking they are right.

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Makes one wonder why market corrections weren't big news when Joe was sleeping at the wheel?

 

[Eggs 5,000+ posts]

 

[RobGMN Premium Member]

Makes one wonder why market corrections weren't big news when Joe was sleeping at the wheel?

Because they weren't directly and massive negatively impacted by his actions "at the wheel".
When Trump promises greatness from day one, and we've had nothing but decline from day one, it's an indication of his incompetence.

 

[RobGMN Premium Member]

Confused old man thinks it's 2020 lockdown gas prices.
Yesterday.

 

[Jimi77 Premium Member]

Because they weren't directly and massive negatively impacted by his actions "at the wheel".
When Trump promises greatness from day one, and we've had nothing but decline from day one, it's an indication of his incompetence.

Are the markets impacted by his actions or have the markets been greatly overvalued because of money printing an waiting to correct? Everything I've seen indicates the latter.

 

[Jimi77 Premium Member]

I don't know that an investigation is necessary. As much as I don't like seeing funding pulled from schools, that may be necessary in this case.

 

[RobGMN Premium Member]

Are the markets impacted by his actions or have the markets been greatly overvalued because of money printing a waiting to correct? Everything I've seen indicates the latter.

The markets reacted instantly to his imposition of import tariffs that were guaranteed to make our lives more expensive, and hurt US business.

Anyone who tries to pass it off as miracle coincidence or something other than a result of Trump's actions, is obviously suffering from TSS and making excuses for him.

Do YOU actually believe it was pure coincidence, and the market was simply self-correcting immediately after his tariff announcement, and then suddenly self-correcting again in the opposite direction when he rolled some of it back?

 

[Jimi77 Premium Member]

The markets reacted instantly to his imposition of import tariffs that were guaranteed to make our lives more expensive, and hurt US business.

Anyone who tries to pass it off as miracle coincidence or something other than a result of Trump's actions, is obviously suffering from TSS and making excuses for him.

Do YOU actually believe it was pure coincidence, and the market was simply self-correcting immediately after his tariff announcement, and then suddenly self-correcting again in the opposite direction when he rolled some of it back?

Or it might be somebody who follows markets and knows that when a bubble bursts, people tend to point to the "straw that broke the camel's back" and ignore all the other straw that was present.

I remember a time when you didn't think the POTUS so greatly effected markets, inflation, oil prices, etc. What changed? Is it because the Big Bad Orange Guy is back?

Some people blame BidenCo for continuing to pump stimulus into the economy when it was obvious that the pandemic was over. I know a guy who knows a guy who blames the Fed's easy money policies of the last ~16 years. I hear rumors of economists who blame decades of crap trade policies. There's certainly many variables at play, but Big Bad Orange Guy is the one libs prefer to focus on.

 

[RobGMN Premium Member]

Or it might be somebody who follows markets and knows that when a bubble bursts, people tend to point to the "straw that broke the camel's back" and ignore all the other straw that was present.

OK. So your TSS leads you to believe that the market moves were simply coincidence, and the market just correcting itself.

I remember a time when you didn't think the POTUS so greatly effected markets, inflation, oil prices, etc. What changed? Is it because the Big Bad Orange Guy is back?

The actions of a POTUS can affect the market, just like they can affect gas prices. The actions don't SET either.
Can you provide any support from the world of economics for your belief that the market moves were simply coincidence, or is the belief simply based on the desire for Dear Leader not have fucked us all?

Some people blame BidenCo for continuing to pump stimulus into the economy when it was obvious that the pandemic was over. I know a guy who knows a guy who blames the Fed's easy money policies of the last ~16 years. I hear rumors of economists who blame decades of crap trade policies. There's certainly many variables at play, but Big Bad Orange Guy is the one libs prefer to focus on.

I'm not sure how Biden plays into huge market moves that happened right after Trump announced his stupid tariff plan (that he got from the fraud Peter Navarro).
Are you saying the stimulus money from the pandemic suddenly became a factor in the stock market, IMMEDIATELY after he announced the tariffs on April 2nd, and it fell by 10% in 2 days?
No one knew about the stimulus funds until April 2nd?

And the April 9th rally had nothing to do with the announcement that the US was suddenly "open to negotiations" on the tariffs?

Interesting.
Sounds like TSS to me.

 

[Jimi77 Premium Member]

OK. So your TSS leads you to believe that the market moves were simply coincidence, and the market just correcting itself.

The actions of a POTUS can affect the market, just like they can affect gas prices. The actions don't SET either.
Can you provide any support from the world of economics for your belief that the market moves were simply coincidence, or is the belief simply based on the desire for Dear Leader not have fucked us all?

I'm not sure how Biden plays into huge market moves that happened right after Trump announced his stupid tariff plan (that he got from the fraud Peter Navarro).
Are you saying the stimulus money from the pandemic suddenly became a factor in the stock market, IMMEDIATELY after he announced the tariffs on April 2nd, and it had fallen by 10% in 2 days?
No one knew about the stimulus funds until April 2nd?

And the April 9th rally had nothing to do with the announcement that the US was suddenly "open to negotiations" on the tariffs?

Interesting.
Sounds like TSS to me.

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Of course you couldn't see how the previous administrations policies can affect the incoming administration, unless of course it was "good" Obama policies that benefited Trump or "crap" Trump policies that hindered Biden. Odd how that works.

 

[ThxOne Premium Member]

I don't believe that on April 9th America "suddenly" became open to negotiations on the tariffs... Trump has said from day one he was willing to negotiate on the tariffs. Also, Rob, why do you think the President has "fucked us all"?

 

[RobGMN Premium Member]

Seriously... change the channel. The information you let people fill your head with is not good. This sure looks like the S&P 500 continuing up with, just like I said, ups and downs. It's a common tactic of the left to use fear and misinformation to manipulate people into thinking they are right.

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"The information you let people fill your head with".

I'll ask one question: Are you still believing that US import tariffs get paid by foreign exporters who are shipping stuff here?

 

[ThxOne Premium Member]

"The information you let people fill your head with".

I'll ask one question: Are you still believing that US import tariffs get paid by foreign exporters who are shipping stuff here?

So yes, you will let people fill your head with whatever information they like as long as they say orange man bad.

I have already made it clear who pays the tariff and who gets the money. Clearly you want to make me appear some kind of way by the false statement you just made. Wanna tell us why?

 

[RobGMN Premium Member]

I don't believe that on April 9th America "suddenly" became open to negotiations on the tariffs... Trump has said from day one he was willing to negotiate on the tariffs. Also, Rob, why do you think the President has "fucked us all"?

I thought we were discussing facts, and not personal beliefs.
"NEW YORK, April 9 (Reuters) - Stock indexes posted their biggest one-day gains in years, with the S&P 500 (.SPX) , opens new tab recording its largest rise since 2008, while the dollar gained and Treasuries pared losses on Wednesday after U.S. President Donald Trump declared a temporary U.S. pause on tariffs."

Did you not know Steve Bannon talked about it on April 8th, and Trump announced it on April 9th?
Those are facts. An unchangeable piece of history that you should know, instead of declaring a false belief about what happened.

He fucked us all by taking actions that resulted in the complete opposite results of what he promised when he ran for POTUS.

Inflation is up, unemployment is up, the markets are bleeding money, businesses are losing money, welfare use is up, retirement accounts are shrinking or vanishing.
That's not "MAGA Winning!", that's ******* us.