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| Post Number: 71
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Self-Banished 
Group: Members
Posts: 22545
Joined: Feb. 2006
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Posted on: Oct. 25 2017,7:49 am |
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Let's see, 5.3 trillion in value added to stock market, 1.5 less people on food stamps, economic growth up to 3% instead of the sickly -2% for the last eight years and looking at 4-5% next year.
Yup, things are terrible  
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 Remember boys and girls,
Don’t be a Dick …
Or a “Wayne” 
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| Post Number: 72
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Expatriate
Group: Members
Posts: 16709
Joined: Oct. 2004
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Posted on: Oct. 25 2017,8:18 am |
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It's called a bubble, bubbles pop, the markets driven by speculation on what might occur, also increasing the money supply and keeping interest rates low during the past decade, the Fed instigated the rapid expansion that preceded the coming collapse in an effort to save US from the Bush economy, so far Trump seems destine to repeat the failed trickle down policy of the past.
When you add to that Trump and his Administration (wall street oligarchs) continue to erode protections installed for the investor.
Trumps protectionist tariffs will also play a part in this collapse.
Trump is still cruising on Obama's last budget and the Boomers retiring in mass, this will be Trump's first budget Congress passed, things look bleak, next year or the year after will be a repeat of 1929...If trump doesn't blunder US into WW3 first..game over lights out...
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History is no more than the lies agreed upon by the victors.
~NAPOLEON BONAPARTE
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| Post Number: 73
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Self-Banished
Group: Members
Posts: 22545
Joined: Feb. 2006
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Posted on: Oct. 25 2017,8:29 am |
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The sources I listen to (and they're fairly accurate) are predicting a 26-27k Dow next year. As to real life experience, my numbers have been up all year, nice fat bank account
There are always corrections and we're due but recovery will be quick as investors will pile into a corrected market for bargains.
And if a decent tax reform bill gets through...:cool:
--------------
Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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| Post Number: 74
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was1
Group: Members
Posts: 1880
Joined: Apr. 2015
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Posted on: Oct. 25 2017,1:07 pm |
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Presidency to date, Trump still does not beat O in the Dow's performance at same time in his presidency.
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| Post Number: 75
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Self-Banished
Group: Members
Posts: 22545
Joined: Feb. 2006
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Posted on: Oct. 25 2017,1:28 pm |
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^^ over the next 7 years? Buster will be nothing but dim memory.
There's also this
http://checkyourfact.com/2017...r-obama
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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| Post Number: 76
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was1
Group: Members
Posts: 1880
Joined: Apr. 2015
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Posted on: Oct. 25 2017,2:19 pm |
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to date. are you assuming that this will continue for the next 7 yrs?
Also, what is your point in your link? seems to be saying how good the markets did under O
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| Post Number: 77
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Expatriate
Group: Members
Posts: 16709
Joined: Oct. 2004
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Posted on: Oct. 25 2017,2:23 pm |
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In the dead of night, Republicans vote to give lawsuit immunity to banks
Draining that swamp.
https://thinkprogress.org/in-the-...ref=yfp
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History is no more than the lies agreed upon by the victors.
~NAPOLEON BONAPARTE
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| Post Number: 78
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| Post Number: 79
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was1
Group: Members
Posts: 1880
Joined: Apr. 2015
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Posted on: Oct. 25 2017,3:55 pm |
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and in the same time period under O, markets out performed what they have thus far under trump.
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| Post Number: 80
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Self-Banished
Group: Members
Posts: 22545
Joined: Feb. 2006
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Posted on: Oct. 25 2017,9:16 pm |
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^^ yeah, with less than 2% growth, record numbers on welfare and no optimism whatsoever. The market was at the very bottom, it had nowhere to go but up.
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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