Reply With Quoteand soon they will rebound again
like always
The Force is With Me
Stocks drop 200 points amid lingering worries over Trump controversies
Stocks fell Thursday on concerns President Trump's recent controversies will not allow him to work with Congress to pass business-friendly legislation.
The Dow average fell 200 points on fears that Gary Cohn, a business-friendly adviser to the president, could resign his role as director of National Economic Council because of Trump's remarks after the violent protests in Charlottesville, Va.
The S&P 500 dropped 1.1 percent, with information technology leading decliners. The Nasdaq lagged, falling 1.5 percent.
"This [situation] is definitely disappointing for investors holding out hope for tax reform," said Mike Baele, the managing director at U.S. Bank Private Client Reserve. "It doesn't mean it's not going to happen, but it certainly" dampens the outlook.*
http://www.msn.com/en-us/money/marke...cid=spartanntp
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Путин - мой президент
and soon they will rebound again
like always
Insane Level of Addiction
Cohn's in the running to replace Yellen. Can't imagine him resigning.
100% recycled karma
Congressional ennui puts tax reform at risk,but some of this is prolly a reaction to terrorism too
Insane Level of Addiction
This isn't about terrorism. It's about Trump's economic agenda and if his economic advisers leave then market fall here we comeOriginally Posted by anatta
Senior Member
Buy now while the gettin's good.
Insane Level of Addiction
Ehh, we are in a bubble. You would be buying at the peak.
Althea (08-17-2017)
Verified User
which advisors? I agree it's about the ability to deliver tax reform or not
Insane Level of Addiction
Cohn and Steve M from Goldman (can't spell his last name)
Senior Member
There's always good buys out there.
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https://www.magicformulainvesting.com/
Last edited by Cancel 2018.1; 08-17-2017 at 02:39 PM.
Insane Level of Addiction
Well sure. If you can pick the needle in the haystack more power to you. But for the market as a whole we are in a QE driven bubble.
Malarkeyville
We just need to keep things in perspective here, I know, you know, we all know it's obama's fault the market went down..
No one can honestly blame trumpf for the market going down, he has nothing to do w/ it...................
"There is no question former President Trump bears moral responsibility. His supporters stormed the Capitol because of the unhinged falsehoods he shouted into the world’s largest megaphone," McConnell wrote. "His behavior during and after the chaos was also unconscionable, from attacking Vice President Mike Pence during the riot to praising the criminals after it ended."
Althea told me...........
Not just yet.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Althea told me...........
Truthfully, this inflated market is more about early year stock buybacks, a boost to the banking sector that subsided, and now slowly rebounds, oil dipping and climbing, and some silly pro business speculation.
A bigger dip is coming, which is when I'll dump some money into the banking sector. Because the banks never lose in this country.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Senior Member
Patience and faith is the key. Read the book. It's a quick read. The author makes it easy.
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