"BREAKING: Dow closes above 26K - Fastest 1K Milestone EVER" FINALLY we've found something that the liberals DON'T blame Trump for!
It was good news when it happened when Obama was president too. Apr 14, 2016 Jobless Claims in U.S. Decline to Match Lowest Since 1973 https://www.bloomberg.com/news/arti...-unexpectedly-fall-to-match-lowest-since-1973 But funny, you didn't say anything about it then.
I'm pretty sure that they'll label Trump a Democrat in a few years. "Trump wasn't a REAL Republican."
So what? Going from 25,000 to 26,000 is a 4% increase. Going from 10,000 to 11,000 was a 10% increase. It is logical that each succeeding 1,000 milestone would come "faster". Trump's Apologists seem willing to jump on anything the DISTRACTS from his RACIST IMBECILIC TRAINWRECK.
In case I never said it before, all that I see here with the stock exchanges, is danger signs. Remember 1929 boys. And remember, injected money doesn't produce health. Quite the contrary. What goes up must come down, and when it does go down, IMO, it will be devastating. Make 08 look like a holiday. This is not real, and surely some of us know that. Which makes it even more dangerous. But I never thought it could be propped up for this long. We are on brand new ground folks. And when it happens, few will see it coming.
The Great Recession was becoming pretty obvious. The Bush Admin assured us that everything was perfectly fine, that the economy was strong.
And a few saw the housing bubble bursting when it did. I live by, if it seems too good to be true, it usually is. I kept seeing these house flipping shows on TV, and wondered, how long can these easy loans and easy profits go on? What is generating it has to be a bubble which will burst. I just didn't know exactly when it would happen. But at least one man did, but I cannot remember who it was. He is on public record in calling it. But IMO, what is going on now is exponentially so much worse and dangerous for this nation. It looks all artificial to me. No firm foundation, and it seem to be of sand.
That is nonsense. Obama had little to do with the 2008 recession. He did have some advisors who talked him into hiring some Wall-Street kleptocrats who did a decent job of pulling us out of the wringer. He was an anti-American, anti-business leftist, though. Trump has been busy removing the handcuffs that Obama imposed.
You are wrong. There is a real basis for the market rise. It's ahead of itself, which makes the gains fragile, but there is real economic growth occurring, and the POTENTIAL for more growth. There might be a levelling off, or a 2000 point drop in the Dow, but there is no big crash on the horizon.
LOL...some faceless, nameless nobody on a chat forum says 'there is no big crash on the horizon'. Well, then...go ahead folks...throw everything you have at the markets...'Thought Criminal' says it's safe. You clearly have minimal understanding of macroeconomics. The fundamentals of the economy are terrible. Trump (rightly) practically said as much on the campaign trail. Credit card and personal debt are at/near an all time high. The economy is being kept afloat by HUGE amounts of cheap debt. Once the Fed raises rates back to historical norms...the market will almost certainly crash. Good day.
I've never regarded any of your posts to be of value. You continue that tradition here. You might have saved typing time by simply posting: Tphpttt!
This just nonsense. donald has little to do with 2017 and is anti-American, pro-billion elitist. The American economy was not "handcuffed." The economy never suffered from a lack of goods and services because of some imaginary "handcuffs". The economy was handcuffed by stagnant middle class incomes and GOP austerity.
Sorry. I can't believe you really think Trump is anti-American. I don't understand why you would make such a preposterous claim. How can I ever take anything you say seriously?
You seems to thing you are the only one......that's suggests that you are trying to convince yourself of this over the internet of all places. Too easy to expose juvenile puffery.