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. Giftedone

    Giftedone Well-Known Member Past Donor

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    Projection

    Charts are not fake news - non need to look at them though because we know the Dow has dropped 30% in a week - and that is a big deal.

    You wishing on a star for the markets to go back up anytime soon is a happy though perhaps - but it does not a case make.
     
  2. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    The polar ice caps were supposed to be gone in 2014.
     
  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    the Trump Recession, maybe even Depression is coming
     
    Last edited: Mar 17, 2020
  4. FreshAir

    FreshAir Well-Known Member Past Donor

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    yep, everyone knew the markets were over valued, but as long as the fed kept interest rate low and pumped billions into the economy, they ignored it

    no one is surprised the Trump bubble burst, Trump is just surprised it happened before the election
     
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  5. MrTLegal

    MrTLegal Well-Known Member

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    Dude. Get a better talking point. Might I suggest one that is both a) true and b) actually relevant.
     
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  6. MrTLegal

    MrTLegal Well-Known Member

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    I just saw a report that Goldman Sachs predicts a 5% GDP decline in the 2nd quarter.
     
  7. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

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    Everything trump touches turns to ****. Who else could manage to have gambling casinos go bankrupt?
     
  8. MrTLegal

    MrTLegal Well-Known Member

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    Good news: March 12th is no longer the 4th largest percentage drop and the single largest raw point drop in US history.

    Bad News: March 12th is now the 5th largest percentage drop and the second largest raw points drop because March 16th took over 2nd place and 1st place respectively.
     
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  9. Daniel Light

    Daniel Light Well-Known Member

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    Beware the “Dead Cat Bounce” today (Tuesday). If you buy into the market today, sell by 12:30.
     
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  10. Daniel Light

    Daniel Light Well-Known Member

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    So much for the “magic wand” garbage Trump fanatics keep posting...
     
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  11. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Just AS I PREDICTED.

    The Market DID Dip Below the 20,000.

    Rebounding a bit...

    BUT, Today's Session LOW Was 19,882.26.

    Old Nostradamus AJ Does it Again. (As Usual).

    PS--To ALL (Friend and Foe Alike): Enjoy TRUMP'S "Market".:salute:

    How are your 409ks Doing?

    Up 90%? Correct? If Not, You must be doing something Wrong.

    [​IMG]

    Donald Trump?:roflol:
     
  12. Dutch

    Dutch Well-Known Member Past Donor

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  13. Dutch

    Dutch Well-Known Member Past Donor

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    Wanna take an educated guess what's gonna happen with the stock market on the next day after vaccine release is announced? What's gonna happen to the hospitality, airline, cruise industries? Restaurants?

    Trump is doing fine in my book.
     
  14. Derideo_Te

    Derideo_Te Well-Known Member

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    If you check the DOW for 1/20/2017 you will discover that virtually ALL of the gains made during the criminal IMPOTUS during the last 38 months are now effectively wiped out.

    What is happening now is that the market is trying to find a "floor" which seems to be slightly above where Obama left it.

    While the market will eventually rebound the smoke and mirrors of the criminal IMPOTUS economy has now been exposed as his usual flim-flam.

    The downside is that a great many jobs are about to be lost in the middle of a Pandemic.

    Not a good situation for We the People to find ourselves in since job hunting is not going to be easy in the months to come.
     
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  15. Derideo_Te

    Derideo_Te Well-Known Member

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    The release of the vaccine is 18 months away. Your criminal IMPOTUS will probably be serving time behind bars by then.
     
  16. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Yup. Exactly.

    The thing is, Trump dropped the ball on this whole thing (by downplaying it, in the beginning).

    And, as you say, it is a great tragedy of job loss (especially in the service industry).

    Sure, America will survive (and "normalcy" will return).

    But, Trump is the worst possible person to have at the helm (during this crisis).
     
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  17. Natty Bumpo

    Natty Bumpo Well-Known Member

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    Your blind faith need not be impaired by either the consistent, relentless surveys of Americans, the collapse of the economy concerning which he falsely claimed credit, or his conspicuous bungling when faced with a crisis that demanded knowledgable leadership.

    You can even fantasize that he gets to emulate his enabler, Vladi, and both houses of Congress unanimously proclaim him dictator for life if that affords you pleasure.
     
  18. Curious Always

    Curious Always Well-Known Member Past Donor

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    They've been working on a vaccine for 18 years, since the last corona virus outbreak (SARS.) Don't expect anything in the next few weeks.
     
  19. Dutch

    Dutch Well-Known Member Past Donor

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    Probably? No. More likely, Trump will enjoy unwavering support and popularity during his second term, with most Americans demanding changing the Constitution to allow Trump to serve as President for life.

    :couple_inlove:
     
  20. Dutch

    Dutch Well-Known Member Past Donor

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    The vaccine tests on humans had begun yesterday, the fastest progress ever. I'm a Conservative, so by definition, I'm an optimist. We'll be fine.
     
  21. Andrew Jackson

    Andrew Jackson Well-Known Member

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    True.

    Still it won't be widely available for 12-18 Months.

    By THEN--President Biden will have things well under control.

    And, back to the OP and the Market, things seem to be stabilizing.

    Up over 1000 points since today's low point.
     
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  22. TOG 6

    TOG 6 Well-Known Member

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    :roll:
    Yes.
    You speak from your obstinate and intolerant devotion to your prejudices
     
    Last edited: Mar 17, 2020
  23. Dutch

    Dutch Well-Known Member Past Donor

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    President Biden is an oxyMORON. will never happen.
     
  24. Curious Always

    Curious Always Well-Known Member Past Donor

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    I didn't realize you were an expert in the field. Good to know. .

    [​IMG]
     
  25. MrTLegal

    MrTLegal Well-Known Member

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    That test will last for a year.
     
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