Posted on 01/20/2016 9:22:02 AM PST by springwater13
Nobody is going to care if Trump is a meanie to Cruz or had liberal social positions 20 years ago in a couple weeks if the market keeps going down 500 points each day.
Watch this slow motion market crash. People vote for the strongest leader in times of crisis. That is going to be Trump going by a mile. He's the only one who has warned about China and the stock market bubble for many months. Abortion, gay marriage......not as important when you are about to lose life savings.
Because I believe the heavy hand of the government is largely responsible for our poor economic performance.
A return to the limited federal government mandated in the founding documents is the only answer. Only one candidate is talking about it.
My guess on this market is that the OPEC sovereign wealth funds are liquidating assets because their oil profits are getting hammered and they have to dip into their piggy bank to run their countries.
The Dow does seem to be ailing a bit this morning.
The majority of the country sees Trump as the economy expert...the one best to turn this economic mess we’re in around.....regardless of the stock market.
If it continues to slide, it will only help Trump. All others aren’t even thought about. Except maybe Hellary....who’s instantly associated with DeOne who exacerbated the mess.
Tech bubble is about to burst... I’m telling you all this is going to be a disaster.
I get that ...but many also have many depending on them, many mouths to feed and that can’t wait.
There HAS to be a middle ground in all of this.
And I have said it before — a stronger economy bodes well for marriage, for perhaps one parent being able to stay home with the kids, for stronger families overall. Higher taxation and a poor economy erodes all of this.
Well said.
“And a lot of people don’t know that the real crash was not 1929. It was 1932.”
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Yep,and that was the year I was born.
Nice timing,eh?
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Hilarious stuff! Feel bad for those in the market now. He’s not dead, he’s just pining for the fiords!
The RATs are collapsing the world’s economy so they can hand it to the adults to fix next year.
The market is singing in the Choir Invisible!
DOW down -544
I think you're right, mainly because of the bond situation you also mentioned. If the 10-year bond was paying, say, 6%, folks just might park their investment money in bonds, and leave it there.
But the Fed has taken away that option. Folks have no choice but to eventually drift back into stocks. Of course, the key word is "eventually". I haven't figured that part out yet.
Include in tax reform a tax holiday for profits parked overseas, and $2 Trillion will come back to the US, an amount 2 1/2 times the size of Obama’s stimulus.
Or to quote Olson Johnson, "Nevermind that s--t....here comes Mongo!"
LMAO.
Gold +19.50
Of course, this happens just as I retire. . . .
Almost time to buy? ;-)
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