Dow down 2.6%. Largest daily drop since George W Bush was president. Trump has finally done something Obama never did to the economy.
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stock market has been way way up just came back to reality a little bit kind of like bitcoinComment -
yepOriginally posted by cincinnatikid513Comment -
Trump is Making America Poor Again.Comment -
Trolls gonna troll. Obama took our national debt from $10.6 Trillion to $20.6 Trillion in his 8 years. Facts aren't your friend I knowOriginally posted by pavyracerComment -
So what is it with Trump supporters? The stock market is up it's all Trump policies. The market is down it's all Obama's fault. Make up your mind.Originally posted by msutterComment -
2.6% is considered a crash?
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Pavy drank the Kool Aid.
Mods, delete thread title, it's an embarrassment, even for SBR.
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It's down 8% since Friday. Trump is quiet. You should be worried for further drops.Originally posted by marcoloco2.6% is considered a crash?Comment -
pavy, i agree 100%... trump either has/had alot to do with run-up and this mini-meltdown or he didn't... and of course, i'm sure the stock market hit new high an unbelievable number of times under former presidents but i can't remember any of them mentioning it much at all except perhaps for re-election time (which is fine)
what actually caused this? i was thinking that a couple of very major publications, including WSJ, did major features on how much rates have backed up... two year rates were a straight upward line.... yellen saying stuff is expensive (not sure of her timing and she must have said it before)..... i understand powell (name?) is much more hawkish on interest rates even though trump would have wanted exact opposite.Comment -
Leave Trump alone. He is on vacation in FL.Originally posted by pavyracer
He is setting record for fewest days of actually working as president. It's going to be huge. Unbreakable.Comment -
ok, it looks like friday had a strong non-farm payroll report... so more concern about rates continuing to rise.
i never understood the whole "rising wage inflation is healthy"... i thought it was fine with a growing economy and much lower wage inflation number.. now wage inflation may be getting to levels that worry the market.Comment -
It’s been up every fuking day for 12 months. Get a fricken clue here palOriginally posted by pavyracerComment -
lol Democrats so dumbComment -
I think the market went up in anticipation of the corporate tax cuts. But now reality sat in that the deficit is increasing and someone has to pay for it in the future. Trump was good a cheerleader when the economy was good. Let's see what he does now that it turned sour. Being quiet is not going to help investors.Originally posted by gojetsgomoxiesComment -
Wow. 60,000+ posts of pure nonsense. Any acquaintances you had most likely gave up listening to your fictional rumblings a long time ago so you turned to a gambling forum to spout off your fairy tails.Originally posted by pavyracerComment -
Is this a joke thread? I hope it is...Comment -
I Think the OP wanted to make this about Trump. Sure any president reacting publicly to the markets and not about other indicators that actually reflect the economy is rare because it's risky, but the bottom line is the market dropping was not only predictable but has nothing to do with any memo.Originally posted by JIBBBY
Trump owned the market in one direction and will have to the other way now.
This thread is about Trump, not the stock or bond markets.
Most Trump bashing threads seem like joke threads, that's what happens when posters get their info from an aging Paul from the Wonder Years.
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trump is setting America on the right path
I appreciate this downswing
unlike democrats, liberals, and globalistsComment -
May 2017 - LIBS - The economy belongs to Obama for 6 months after he leaves office. Trump can't take any credit
Nov 2017 -LIBS - (market going up) - Trump taking credit for the economy and the stock market when everyone knows its all Obama's doing.
Feb 5/17 - LIBS - (market goes down one day probably because some profit taking going on) - Trump is Making America Poor Again.
Feb 6/17 - LIBS - (market goes up 500 ) - Russia! Collusion!
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Largest daily drop since W was August 8, 2011 with a 6.66% drop. What caused this was the market got too overbought combined with the fear of rising rates. BTW, we had a bear market in 2011 and came close to a bear market in 2015.Originally posted by pavyracerComment -
I’m excited about the parade!! Might pack my bags and take family to see it live. Anybody know the date?Comment -
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Will Trump say something about this? He owns this mess now.Comment -
Sell everything before it's too late. Cash is king. Next 12 months, the trend will be down.Comment -
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LolComment -
Same exact chart could be used and just as accurate by swapping “liberals” for “trumptards”.Originally posted by DwightShruteComment -
Breaking(Iowa Gazette) - When asked about America's economy and the future of its citizens, Trump offered no words and offered a solitary hand gesture.
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stock market =/= economyOriginally posted by pavyracer
you kidsComment -
It's Day 5. Where is the democratic memo?Comment -
Trump not releasing democratic memo. As expected. Transparency lol.Comment -
right broOriginally posted by d2bets
you are fukkin ms cleo when it comes to seeing the political futureComment -
still the most transparent president maybe everOriginally posted by d2betsComment -
Originally posted by DwightShrute
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