Strong fundamentals lead to great things.
I suggest people start looking at the bond market, too.
Massive corporate debt is going to the catalyst this time, imo.
Looks like we just made China pay for our products after all.
The stock market is no indication of how the economy is doing. Itās merely a casino. No one judges the economy of Nevada by how much money gamblers are making in her casinos.
Yet they do judge how well casino owners are doing based on how well casino owners are doing. And President Trump is one of the few that could ā ā ā ā that up.
Dow recorded itās lowest close of the year today. Tax cuts save us.
Most Trump supporters are dumb as a box of rocks to begin with, so trying to get them to understand the nuance of financeāor the nuance of anything for that matterāis pointless. Theyāll just take the orange criminal at his word. Every time. Itās beyond nuts.
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wait trickle down economics doesnāt help the forgotten man shocking.
Whaaa! Whaaa! Whaa! The owners of the stock market, the worldās richest 1%, are losing some money. And the ordinary citizen should care? Why?
The owners of the stock market include anyone with a 401(k), not to mention things like pension funds. I definitely care that Iām down probably $30K in the last month or two, and thatās with very conservative asset allocation.
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Huh. It was really important to the President when it was doing well. Suddenly itās not important to him or his supporters.
I guess they got their reasons.
Well said manā¦
This is Anti-capitalist, anti-American, anti-reality nonsense.
My toy Robinhood account went from something fun, to a buffer from even bothering to look at the hurt in the real accounts.
Instead if just throwing pejoratives, how about saying why this is anti-capitalist, anti-American, anti-reality nonsense?
Every bit of that post is an embarrassment, leave aside actually promoting such nonsense as a part of oneās ideology.
Itās not my responsibility to educate a person old enough to find their way to a political message board about the multitude of ways the common working class American invests in and intersects with the stock market.
It is my prerogative to state that a post that was able to string English words together in a coherent sentence that transcribes such irrationality is either trolling at best, or anti-capitalist, anti-american, and divorced from reality.
Reportedly the President is not happy with the most recent interest rate hike and is trying to again suss out whether the legality exists for him to terminate the chairman of the Federal Reserve. Is the chairmanās sole job in the presidentās mind to ensure the market goes up regardless of how, who it selectively rewards and whether it is sustainable?
President Donald Trump has begun polling advisers about whether he has the legal authority to fire Federal Reserve Chairman Jerome Powell, according to two people familiar with the matter, who described the President as newly furious at the Fed chief as markets tumble.
Earlier this year, Trumpās advisers told the President that it was doubtful he would have the law behind him if he fired Powell. But Trump has renewed the issue after the Fed again raised its benchmark interest rate this week.
Is this what a normal day for a Treasury Secretary looks like?
https://mobile.twitter.com/donnaborak/status/1076918504996159488
