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Why have Republicans stopped bragging about the stock market?

It is simple. People sat in meetings and asked, "is this president competent?" After the laughing stopped, they said, "well let us listen to what he has to say tonight." He dropped the ball again. So today, we see the outcome. This isnt panic...just the reality that companies are saying, our production will be down substantially this year. End of story.
 
Just gonna put this here ...

The Dow closed at 19,827.25 on Inauguration Day, Jan. 20, 2017
 
Pookie said:
No. Not today anyway.
Click to expand...

Interestingly, I got out of the market on March 6th and now I am going to get back in on Friday the 13th. A very lucky day for me.:D

Unfortunately, Presidents don't control the market, human sentiment does.:cool:
 
Pookie said:
What a fucked up national address. He sounded like a fifth grader who wished he could cut class instead of stand up in front of it. We would've been better off if he had stuck to watching Hannity last night. Sheesh. What a fucked up mess.
Click to expand...

Most traders have no idea about what the impacts will be, but Trump's lead measure about closing one of so many barn doors after the horses had already gotten out caused another panic. The only thing that was clear after that speech is that all of Trump's prior statements about Coronavirus not being a cause for major disruption were B.S.

It appears that his hand-selected advisors saw Governors Inslee and Cuomo on TV yesterday, threw together a speech in a couple of hours that they thought Trump would support, and then had him read it off the teleprompter. What a train-wreck-- placing the blame on the EU travel rather than recognizing that all travel (including domestic) is allowing thousands of untested and undiagnosed people in our own country to spread the virus.

The message right now should be that if we really clamp down on person-to-person transmission in our own country, we can get the transmission numbers heading in the right direction within several months, like China did.
 
great lover said:
Interestingly, I got out of the market on March 6th and now I am going to get back in on Friday the 13th. A very lucky day for me.:D

Unfortunately, Presidents don't control the market, human sentiment does.:cool:
Click to expand...

Trump has been juicing the economy for some time now. It was doomed to crash eventually. The coronavirus just happened to be the trigger.
 
coati said:
Most traders have no idea about what the impacts will be, but Trump's lead measure about closing one of so many barn doors after the horses had already gotten out caused another panic. The only thing that was clear after that speech is that all of Trump's prior statements about Coronavirus not being a cause for major disruption were B.S.

It appears that his hand-selected advisors saw Governors Inslee and Cuomo on TV yesterday, threw together a speech in a couple of hours that they thought Trump would support, and then had him read it off the teleprompter. What a train-wreck-- placing the blame on the EU travel rather than recognizing that all travel (including domestic) is allowing thousands of untested and undiagnosed people in our own country to spread the virus.

The message right now should be that if we really clamp down on person-to-person transmission in our own country, we can get the transmission numbers heading in the right direction within several months, like China did.
Click to expand...

Spot on.
 
Dow is down 2100 points in panic selling in one hour. Circuit breakers popping everywhere.

Market has given a serious vote of no confidence to Trump "thumb war" speech debacle last night.

I foresee a Trump Recession on the horizon.
 
Was playing with 1,600 but now flirting with 2,200 down.

Another circuit breaker coming?
 
The great Obama market rise had to end sometime.

We all knew it would end with Il Douche.
 
great lover said:
Interestingly, I got out of the market on March 6th and now I am going to get back in on Friday the 13th. A very lucky day for me.:D

Unfortunately, Presidents don't control the market, human sentiment does.:cool:
Click to expand...

Shows you how little you understand the market.
 
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