Why have Republicans stopped bragging about the stock market?

[Bad_Doggie]

That would be 2008. So yeah, he's succeeded in undoing Obama's legacy. We're back to Dubya.

I dunno we can say that......yet!

But, the Dow has been broadly continuing along the trajectory set during the Obama years, whilst Trump claims success for that.

The next 2 years will be the tell.

Woof!

 

[jaF0]

Personally:

October down $5,000
November up $900
December down $8,000

2018 down about $7,000 total.

Almost back to Jan '17 levels. Bump flattened.



Thanks Donnie.

Dumbass.

 

[trysail]

The great war horses that, for the most part, can be (and should be) held forever:

COMPANY

3M Co
Abbott Laboratories
AbbVie Inc.
AFLAC Inc
Air Products & Chemicals Inc
Archer-Daniels-Midland Co
AT&T Inc
Automatic Data Processing
Becton Dickinson & Co
Brown-Forman Corp B
Cardinal Health Inc
Chevron Corp
Cincinnati Financial Corp
Cintas Corp
Clorox Co
Coca-Cola Co
Colgate-Palmolive Co
Consolidated Edison Inc
Dover Corp
Ecolab Inc
Emerson Electric Co
Exxon Mobil Corp
Federal Realty Invt Trust
Franklin Resources Inc
General Dynamics
Genuine Parts Co
Grainger W.W. Inc
Hormel Foods Corp
Illinois Tool Works Inc
Johnson & Johnson
Kimberly-Clark
Leggett & Platt
Lowe's Cos Inc
McCormick & Co
McDonald's Corp
Medtronic plc
Nucor Corp
Pentair PLC
PepsiCo Inc
PPG Industries Inc
Praxair Inc
Procter & Gamble
Roper Technologies, Inc
Sherwin-Williams Co
Smith A.O. Corp
Stanley Black & Decker
Sysco Corp
T Rowe Price Group Inc
Target Corp
VF Corp
Walgreens Boots Alliance Inc
Wal-Mart Stores
​

​

 

[trysail]

Goddamned "Helicopter" Ben Bernanke and, next, Janet Yellen left interest rates far too low for far, far too long.

It was inexcusably irresponsible.

Both of 'em were playing politics and kowtowing to their puppet-master (Obama). Both of 'em got out of Dodge— dumping the mess in the incoming Administration's lap. Leaving rates so low for so long inflated the stock market.


In stark contrast, Jerome Powell, is doing the right thing (though rates are still too low in relation to the rate of inflation).




​

 

[Busybody18]

what inflation?

its BELOW Fed target!

 

[trysail]

Observation:
Nov 2018: 2.2%


Percent Change from Year Ago,
Seasonally Adjusted:



https://fred.stlouisfed.org/graph/fredgraph.png?g=muCn

Source:
U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items [CPIAUCSL], retrieved from FRED, Federal Reserve Bank of St. Louis; December 22, 2018.




90-day U.S. Treasury bill annualized yield minus Annualized CPI rate of inflation:


https://fred.stlouisfed.org/graph/fredgraph.png?g=muCq


​

 

[Busybody18]

what inflation?

its BELOW Fed target!

I repeat

THERE IS NON!

 

[trysail]

I repeat

THERE IS NON!

Q: How many legs does a dog have if you call its tail a leg?

A: Four. Calling a tail a leg doesn't make it so.

(A question and response attributed by Carl Sandberg to Abraham Lincoln)​

​

 

[cowslinger64]

These idiots need to be shut up...


Dow Jones plunges after Treasury Secretary Steven Mnuchin comments on banks


https://www.yahoo.com/gma/dow-jones...secretary-144706591--abc-news-topstories.html

 

[zipman]

These idiots need to be shut up...


Dow Jones plunges after Treasury Secretary Steven Mnuchin comments on banks


https://www.yahoo.com/gma/dow-jones...secretary-144706591--abc-news-topstories.html

You have to make a pretty stupid comment to drop the markets this much.

I think investors are starting to realize just how bad Trump and his administration are. The kind of sustained chaos that Trump wants is not a friend to the market. It looks like their patience has worn out.

 

[Dribble]

You have to make a pretty stupid comment to drop the markets this much.

I think investors are starting to realize just how bad Trump and his administration are. The kind of sustained chaos that Trump wants is not a friend to the market. It looks like their patience has worn out.

They have realized he is a con.

 

[Adre]

They have realized he is a con.

New Yorkers have known this for 40 years, and have laughed at him the whole time.

 

[zipman]

It just dropped below 22,000. Wow.

I'm sure it will bounce back a bit, but holy shit.

 

[cowslinger64]

You have to make a pretty stupid comment to drop the markets this much.

I think investors are starting to realize just how bad Trump and his administration are. The kind of sustained chaos that Trump wants is not a friend to the market. It looks like their patience has worn out.

I believe it's typical for it to take time for the average American to realize that trickle down tax cuts only fuck them.. seems this realization is being accelerated this time.

I'm sure botanydummy or one of the other idiots will try to spin how the cuts benefit everyone and not just the top percent and corporations.

 

[RoryN]

"But the reason our stock market is so successful is because of me. I've always been great with money..." - Trump, November 2017

Today: −653.17 (2.91%).

 

[Aglaopheme]

Welcome to the bear market.

 

[BotanyBoy]

I believe it's typical for it to take time for the average American to realize that trickle down tax cuts only fuck them.. seems this realization is being accelerated this time.

I'm sure botanydummy or one of the other idiots will try to spin how the cuts benefit everyone and not just the top percent and corporations.

You mean the people who are already paying almost all the taxes?

Well DUH.

No....tax cuts only benefit tax payers. Pretty simple.

"But the reason our stock market is so successful is because of me. I've always been great with money..." - Trump, November 2017

Today: −653.17 (2.91%).

So Rory doesn't understand how stock markets work either.....not at all shocked.

 

[Pookie]

Hillary's emails!!!!!

 

[BotanyBoy]

Welcome to the bear market.

Blew that resistance right the fuck outta the water!!!

Time to make money.

 

[Pookie]

"But the reason our stock market is so successful is because of me. I've always been great with money..." - Trump, November 2017

Today: −653.17 (2.91%).

Mexico will pay for it ... or so I heard.

 

[RoryN]

Hillary

Shit - you just ruined the resident Trump apologist's Christmas.

And I'll repeat for all the dummy Trumpers: this thread isn't about how the stock market works (obviously). Big fat hint is in the title. Happy Holidays!

 

[Dribble]

So much data...yet so easily depicted

https://www.macrotrends.net/2481/stock-market-performance-by-president

Poor poor Donald....

 

[BotanyBoy]

And I'll repeat for all the dummy Trumpers: this thread isn't about how the stock market works (obviously).

Oh....so you just enjoy looking like a partisan idiot.

Yea....totally bruh!!

 

[someoneyouknow]

The stock market just gifted us with its worst Christmas Eve plunge in history - MarketWatch

https://www.marketwatch.com/story/the-sp-500-is-on-the-verge-of-tumbling-by-the-most-it-has-ever-fallen-on-christmas-eve-2018-12-24

As I said last week, there were nine trading days left in the year. With successive days of 500 point losses we could be back to where things started two years ago.

That is looking even more likely. We're only 2,000 point away from where Obama's stunning stock market rise was handed over to the con artist, and there are four trading days remaining.

 

[Dribble]

The stock market just gifted us with its worst Christmas Eve plunge in history - MarketWatch

https://www.marketwatch.com/story/the-sp-500-is-on-the-verge-of-tumbling-by-the-most-it-has-ever-fallen-on-christmas-eve-2018-12-24

As I said last week, there were nine trading days left in the year. With successive days of 500 point losses we could be back to where things started two years ago.

That is looking even more likely. We're only 2,000 point away from where Obama's stunning stock market rise was handed over to the con artist, and there are four trading days remaining.

People are cutting their losses. Save what they can.