Trump Team Doing "Plunge Protection"

[ComfortablyNumb]

@altair1013

The fed chair is an idiot. Why was is such a great idea to increase interest rates right now? The problem with these clowns is that they can’t admit when they are wrong. It was a stupid idea. They could admit it and reduce the rate back to where it was. But they won’t their ego’s won’t allow it.

Lol

I love posts that clearly lack understanding of basic realities around the complex topic they discuss.

[ComfortablyNumb]

@altair1013

@Jezcoe

The argument is that the Trump economy cannot withstand 2.5% interest rates.

Totally bonkers.

Nobody is making that argument. Here is what we know. The market is driven by panic. And everything makes them panic. Whenever there is a selloff it is nearly always based on “worries and fears.” In other words panic. Sometimes the market panics and loses hundreds of points. Then it gains them back plus some after absolutely nothing changed. Why? Panic. Tinkering with the interest rate is worse than “worries and fears.” This was the wrong time to fiddle fart around with anything.

Well that is just inherently false. Lol

[ComfortablyNumb]

@Jezcoe

@altair1013

@Jezcoe

The argument is that the Trump economy cannot withstand 2.5% interest rates.

Totally bonkers.

Nobody is making that argument. Here is what we know. The market is driven by panic. And everything makes them panic. Whenever there is a selloff it is nearly always based on “worries and fears.” In other words panic. Sometimes the market panics and loses hundreds of points. Then it gains them back plus some after absolutely nothing changed. Why? Panic. Tinkering with the interest rate is worse than “worries and fears.” This was the wrong time to fiddle fart around with anything.

One cannot claim that the interest rate is being tinkered with when everyone knows that the rate is going to go up… because the Fed has telegraphed it’s intentions for a long long time now

If one wants to point to where the uncertainty that causes panic is coming from, look towards the White House.

That is where momentary whims have Trumped decades of steady policy.

No way man. It’s the panic don’t you know. It’s all about trading on irrational fear and emotion. There is no thought. It’s all about the fee fee of the traders and the bankers and the brokers and the candle stick makers. Lol

[Cynic]

That ■■■■ ain’t working… we plungin’

[Forcefield]

@altair1013

The fed chair is an idiot. Why was is such a great idea to increase interest rates right now? The problem with these clowns is that they can’t admit when they are wrong. It was a stupid idea. They could admit it and reduce the rate back to where it was. But they won’t their ego’s won’t allow it.

You should call him.

[TommyLucchese]

Congratulations, guys.

[DOLOOP]

@TommyLucchese

Congratulations, guys.

Dow is only down 350 at hte moment.

Terrible to say it, but when it’s only down 350, it feels like winning in Trump’s America.

[DOLOOP]

@DOLOOP

@TommyLucchese

Congratulations, guys.

Dow is only down 350 at hte moment.

Terrible to say it, but when it’s only down 350, it feels like winning in Trump’s America.

The good news is that, the more it falls, the less room there is for it to continue falling.

[GrandWazoo]

I will bet dollars to dog nuts that Trump was plenty pissed off when he was told that he can’t fire the fed chair.

[calirepub]

The Fed is incompetent. I don’t know why we continue to bother with them. Shut it down!

[Jezcoe]

@calirepub

@GrandWazoo

I will bet dollars to dog nuts that Trump was plenty pissed off when he was told that he can’t fire the fed chair.

The Fed is incompetent. I don’t know why we continue to bother with them. Shut it down!

He so just wants to be golfing right now.

He is reflecting on very poor decisions that brought him to this point in his life.

[calirepub]

@Jezcoe

@calirepub

@GrandWazoo

I will bet dollars to dog nuts that Trump was plenty pissed off when he was told that he can’t fire the fed chair.

The Fed is incompetent. I don’t know why we continue to bother with them. Shut it down!

He so just wants to be golfing right now.

He is reflecting on very poor decisions that brought him to this point in his life.

Nobody knew being president was so hard.

[JayJay]

The best response to Mnuchin’s news he spoke to those six bank CEOs?

“Um…market watchers weren’t concerned about banks’ liquidity until Mnuchin’s tweet”.

In other words, investors are now thinking “What do you guys know that we don’t”?

A critical time in the world economy, and children are at the controls.

[DOLOOP]

@calirepub

@GrandWazoo

I will bet dollars to dog nuts that Trump was plenty pissed off when he was told that he can’t fire the fed chair.

The Fed is incompetent. I don’t know why we continue to bother with them. Shut it down!

The man transparently projects his insecurities and his desires. Trump probably has no power AND no touch.

At least the Fed accurately maintains its handicap. Somebody should mention that to Captain StrokeShaver.

[ComfortablyNumb]

@JayJay

The best response to Mnuchin’s news he spoke to those six bank CEOs?

“Um…market watchers weren’t concerned about banks’ liquidity until Mnuchin’s tweet”.

In other words, investors are now thinking “What do you guys know that we don’t”?

A critical time in the world economy, and children are at the controls.

Excellent observation.

[Jezcoe]

@JayJay

The best response to Mnuchin’s news he spoke to those six bank CEOs?

“Um…market watchers weren’t concerned about banks’ liquidity until Mnuchin’s tweet”.

In other words, investors are now thinking “What do you guys know that we don’t”?

A critical time in the world economy, and children are at the controls.

No but you see it is the Fed projecting out months in advance that there are going to be interest rate hikes at a predictable and steady pace that is causing chaos and insecurity.

That and the Democrats.

Did I get that right?

[SeaManatee]

The FED treats me very unfairly, they are the enemy of the American people and don’t understand WALL.

[TommyLucchese]

@calirepub

Nobody knew being president was so hard.

During the campaign “give him a chance, how hard is being president anyway?” was the mating call of the Trump supporter.

[DOLOOP]

@TommyLucchese

@calirepub

Nobody knew being president was so hard.

During the campaign “give him a chance, how hard is being president anyway?” was the mating call of the Trump supporter.

I think we’re finally getting the answer to Trump’s question to African-Americans. “What have you got to lose?”

[SeaManatee]

The FED is like a golfer who pardons his children for financial crimes and thinks his daughter is way too attractive for a guy who can’t bring peace to the Middle East.