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So now the Market's fall is the Democrats fault?

Discussion in 'Current Events' started by archives, Feb 28, 2020.

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  1. CourtJester

    CourtJester Well-Known Member

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    Actually probably a lot of the fear comes from knowing that the Trump administration is incompetent at dealing with issues and the fact that given Trump’s record of lying nobody is going to believe anything he says.
     
    CourtJester, Feb 28, 2020
    #26
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  2. ronv

    ronv Well-Known Member

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    Yeah, that too.
    When people don't know what's going on they don't invest.
    That's where Trump has lost it.
    Better off with a straight forward honest response.

    “We access 387 suppliers in China that ship to us globally more than 9,000 different materials, impacting approximately 17,600 different finished product items,” Jon Moeller, Procter & Gamble’s chief operating officer and chief financial officer, said Thursday at a conference in New York. “Each of these suppliers faces their own challenges in resuming operations.”

    Stock up on Charmin. :)
     
    ronv, Feb 28, 2020
    #27
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  3. struth

    struth Well-Known Member

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    So true...we need to stop depending on Socialist China, we need a better trade deal and make it easier to develope the product here.
     
    struth, Feb 28, 2020
    #28
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  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    Bluesguy, Feb 28, 2020
    #29
  5. stone6

    stone6 Well-Known Member Past Donor

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    Live by perceptions, die by perceptions. The market was way over-valued anyhow, based on the administration's ridiculous promises. Now the perception, which is probably more realistic than the promises, that the coronavirus scare will stifle a consumer economy is leading to an inevitable correction that was going to come from something anyhow.
     
    stone6, Feb 28, 2020
    #30
  6. ronv

    ronv Well-Known Member

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    ronv, Feb 28, 2020
    #31
  7. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I believe the pot and the kettle had such an exchange! Who is telling Americans that it is going to be a disaster?
     
    Doofenshmirtz, Feb 28, 2020
    #32
  8. Rugglestx

    Rugglestx Well-Known Member

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    I’m not sure yet what. Happens to be bonus time at work so good timing :0
     
    Rugglestx, Feb 28, 2020
    #33
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  9. struth

    struth Well-Known Member

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    If you folks aren't buying right now, then i feel sorry for you
     
    struth, Feb 28, 2020
    #34
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  10. ronv

    ronv Well-Known Member

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    From your link:
    Goldman Sachs’s warned that US corporate profit growth could be wiped out is also casting a shadow.... while Bank of America cutting its growth forecasts to an 11-year low.

    There are also fears that the virus could even push the eurozone into recession.

    Several companies, from Standard Chartered bank to foam shoe-maker Crocs, warned that they’d miss financial targets due to the impact of Covid-19.

    But some analysts are advising clients to buy shares at current levels, wagering that policymakers will act to protect growth.

    upload_2020-2-28_11-55-51.png
     
    ronv, Feb 28, 2020
    #35
  11. BaghdadBob

    BaghdadBob Well-Known Member

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    Savvy traders are raising cash. Seen gold today?
     
    BaghdadBob, Feb 28, 2020
    #36
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  12. Junkieturtle

    Junkieturtle Well-Known Member Donor

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    Nobody is disputing the panic sell. They are disputing what Trump said is driving it. It's the virus and it's effect on global business and spending.

    Trump is the one politicizing the stock market drop.
     
    Junkieturtle, Feb 28, 2020
    #37
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  13. Rugglestx

    Rugglestx Well-Known Member

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    Yes they are, read earlier in this thread.
     
    Rugglestx, Feb 28, 2020
    #38
  14. 61falcon

    61falcon Well-Known Member

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    The top 10% of our wealthiest own 84% of all shares held in the U.S.Stock Market, so it stands to treason that they must be doing the majority of selling, and they for the most part are NOT DEMOCRATS!!!
     
    61falcon, Feb 28, 2020
    #39
  15. The Wyrd of Gawd

    The Wyrd of Gawd Well-Known Member

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    Be sure to put all of your Social Security money in the stock market. It is super safe.
     
    The Wyrd of Gawd, Feb 28, 2020
    #40
  16. The Wyrd of Gawd

    The Wyrd of Gawd Well-Known Member

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    The dummies outsourced everything to China so when we get in a shooting war with them we will have no industrial base. We might as well surrender in the next two minutes but we will have to order a white flag from China.
     
    The Wyrd of Gawd, Feb 28, 2020
    #41
  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yea a stock panic. BUY BUY BUY
     
    Bluesguy, Feb 28, 2020
    #42
  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    Over any 10 year period it is. Sure wish I'd been able to.
     
    Last edited: Feb 28, 2020
    Bluesguy, Feb 28, 2020
    #43
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  19. struth

    struth Well-Known Member

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    Yep, good time to buy
     
    struth, Feb 28, 2020
    #44
  20. Yulee

    Yulee Well-Known Member

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    Bravo!!!! Bravo!!!!


    Finally someone who didn’t just go into defense mode.

    I agree 100% with your commented as well!
     
    Yulee, Feb 28, 2020
    #45
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  21. roorooroo

    roorooroo Well-Known Member Past Donor

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    What about waiting to buy until next week?
     
    roorooroo, Feb 28, 2020
    #46
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  22. roorooroo

    roorooroo Well-Known Member Past Donor

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    So is it time to buy gold maybe?
     
    roorooroo, Feb 28, 2020
    #47
  23. Rugglestx

    Rugglestx Well-Known Member

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    I’m asking Eddie Murphy when to buy.
     
    Rugglestx, Feb 28, 2020
    #48
  24. archives

    archives Well-Known Member

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    The "fear?" How is asking for more money to combat potential effects "spreading fear?" Even McCarthy said Trump's request was too little, was he "spreading fear?"
     
    archives, Feb 28, 2020
    #49
  25. Rugglestx

    Rugglestx Well-Known Member

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    I was talking about the media hype/fear spreading effecting panic selling of stocks.
     
    Rugglestx, Feb 28, 2020
    #50
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