Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

Discussion in 'Current Events' started by Andrew Jackson, Mar 12, 2020.

  1. TOG 6

    TOG 6 Well-Known Member

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    Yours, maybe,
    Not mine.
     
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  2. Paul7

    Paul7 Well-Known Member

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    Typical lib, take something totally out of context, as if Trump said that today. Trump is clearly the best choice to rebuild the economy after this is all over.

    It is fair to say this is a threat we've never faced before, or at least since 1918.
     
    Last edited: Mar 18, 2020
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  3. MrTLegal

    MrTLegal Well-Known Member

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    I ensured that my family could isolate themselves for 2-3 weeks and live without deliveries or trips to the grocery store/pharmacy. And I encouraged everyone to ensure they could do the same. Which is precisely the recommendation made by health experts for weeks.
     
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  4. MrTLegal

    MrTLegal Well-Known Member

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    To be fair, it was the only remaining justification to support trump.
     
  5. MrTLegal

    MrTLegal Well-Known Member

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    If your argument depends upon using the word clearly, then it is probably not very clear.
     
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  6. Dutch

    Dutch Well-Known Member Past Donor

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    Pretty much in d'accord on everything, xcept is not what Americans want right now. Is what Americans need right now.
     
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  7. MrTLegal

    MrTLegal Well-Known Member

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    Lying about the virus, downplaying its threat, touting the benefits on the virus, contradicting health experts, using the word hoax while discussing the virus, dismantling the epidemic response team, and refusing to accelerate the number of tests because you are worried about its impacts on your election are definitely not on any list of the right moves
     
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  8. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Same here.

    That said, I really do hope that the Stock Market rebounds.

    This is horrible for everybody.

    Some people have even raised the (serious) possibility that this could go on until a vaccine is developed (read 12-18 months).

    The only people that are really in a position to benefit are old rich guys looking for "sugar babies" on hookup sites.

    Talk about a "Buyer's Market".
     
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  9. MrTLegal

    MrTLegal Well-Known Member

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    If only trump had started his response to the threat with that type of messaging, we would be in a much better place.
     
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  10. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Wow. Now down over 2000 points.

    Has a legit chance of crashing down through 19,000.

    Talk about the "Disappearance of Paper Wealth". Yikes.
     
  11. TOG 6

    TOG 6 Well-Known Member

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    ... and when it hits 15,000, people move their 401ks from "conservative" to "aggressive".
     
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  12. 61falcon

    61falcon Well-Known Member

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    The thing we need to be concerned with is how many of our business's, listed on the stock market, that were borrowing to buy back their own stock, will survive this crisis.
     
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  13. Dutch

    Dutch Well-Known Member Past Donor

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    Yeap. It only took Trump one thousand dead Americans to realize, coronavirus a serious threat. If only he could declare a national emergency after the first American died, we would be in a much better place.

    Wait! :frustrated:
     
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  14. truth and justice

    truth and justice Well-Known Member

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    Trump supporters said a similar thing when it dropped to 26000. Then repeated the "good time to buy" chant when it dropped to 23000
     
    Last edited: Mar 18, 2020
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  15. vman12

    vman12 Well-Known Member Past Donor

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    4 trillion in spending?

    I'm gonna need documentary evidence.
     
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  16. vman12

    vman12 Well-Known Member Past Donor

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    Sure.

    The left has always encouraged prepping.

    Made myself laugh.
     
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  17. TOG 6

    TOG 6 Well-Known Member

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    Not sure why you think this makes a point but... OK - thanks!
     
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  18. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Clawed back about 1,000 from Session Low.

    Still closed under 20,000.
     
  19. MrTLegal

    MrTLegal Well-Known Member

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    Chuckle away.
     
  20. vman12

    vman12 Well-Known Member Past Donor

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    Silly preppers amirite?
     
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  21. TOG 6

    TOG 6 Well-Known Member

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    Just so we're all clear:

    Trump’s Stock Market

    When exactly, did the stock market becomes Trump's?
     
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  22. cd8ed

    cd8ed Well-Known Member Past Donor

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    The stock market was never trumps (or Obama’s for that matter), what has previously been stated — poorly by some — that the market was largely riding on trend lines from the policies of the prior administration. trump, instead of using a good economy to tackle the debt and enact good fiscal policy to weather this storm, just used his office to temporarily prop up the market through corporate tax cuts and fed injections designed to prevent a recession so that he could brag about the market.

    The market is not his, the failure to prepare however has caused a much larger decline than what would have likely been seen.
    Allowing the corporate debt bubble and stock buybacks will do nothing to worsen this.

    Capitalism as we know it has failed which is why even the most right wing conservatives looking at a “temporary” form of UBI — which will become permanent.
     
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  23. TOG 6

    TOG 6 Well-Known Member

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    So you agree:
    The OP presented a false premise.
    Thank you
     
  24. ButterBalls

    ButterBalls Well-Known Member

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    I canna live my life jumping thru the MSM hoops of fear and channeled hate! What a life, swimming in the ocean, shark attack, undertow, stinging jelly fish, drowning! Stay away from crowded shopping, someone might breath your way, the cart handles are DEADLY, no pissing or pooping because of the fear of GOD KNOWS WHAT in the restroom!!!!

    And when you're not freaking out over hyperbolic nonsense its just another season of hating something or someone.. The life of the leftist is one of drama, stress and anger, wow, fun? :wierdface::thumbsdown::thumbsdown:
     
    Last edited: Mar 18, 2020
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  25. Arkanis

    Arkanis Well-Known Member

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    From the moment he boasted about the supposed effectiveness of his policies through the success of the stock market.
     

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