Conned by Old White Socialists- MILLENIALS will suffer and pay 4 illegals & free sh*t

Bigdog said:
There are so many different influences on the market, but let me make one thing perfectly clear, investors are NOT motivated by "SPITE". If you're selling to spite Pres. Trump, you're a poor fool.

One main overhanging worry, is ... has the market paid the price for 8 years of free money, ... with legal zero fed rates, yet?
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I don't see that as a factor. Banks didn't even pass the low rates along to consumers/businesses. Sure...mortgage rates were hovering around 4% for those with excellent credit, but we didn't see a wave of business lending.

We did see a revived real estate market, but the rate hikes began under Obama.

With the trillions of dollars of tax giveaways to corps. who now pay zero taxes, higher interest rates wouldn't affect business investment if there were a market for their goods/services. They have had records amount of cash since before trump took office.

Unfortunately, the actual job creators didn't get a tax break, so demand hasn't increased in our economy.
 
Sailor said:
It will another bumpy ride. Sadly we all have been having to get used to them to many times.
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Well...I've been waiting for this one. I'm sitting on a bunch of cash, waiting to ride the roller coaster. The question remains whether we're going to see another economy that sheds almost one million jobs/month, as we did when Obama was inaugurated.
 
Bigdog said:
Mr. Badguy wants a huge increase in death taxes.

:dunno:
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If a fortune was made via tax shelters, and depreciation of properties, I can understand an estate tax at a higher rate. Otherwise, I don't understand the concept of re taxing the estate?
 
Althea said:
Well...I've been waiting for this one. I'm sitting on a bunch of cash, waiting to ride the roller coaster. The question remains whether we're going to see another economy that sheds almost one million jobs/month, as we did when Obama was inaugurated.
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If you look at the bright side of that it was great time for hiring. Merry Christmas by the way!
 
Althea said:
I don't see that as a factor. Banks didn't even pass the low rates along to consumers/businesses. Sure...mortgage rates were hovering around 4% for those with excellent credit, but we didn't see a wave of business lending.

We did see a revived real estate market, but the rate hikes began under Obama.

With the trillions of dollars of tax giveaways to corps. who now pay zero taxes, higher interest rates wouldn't affect business investment if there were a market for their goods/services. They have had records amount of cash since before trump took office.

Unfortunately, the actual job creators didn't get a tax break, so demand hasn't increased in our economy.
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The one rate hike under Obama did NOT occur until AFTER DJT was elected, right?

Do you have the figures for the tax breaks for those green corps that are breaking the "nation's bank"?

Your views are very U.S. centric. You should take a step back, and see a more global view. That's what the Big Players do.
 
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Bigdog said:
The one rate hike under Obama did NOT occur until AFTER DJT was elected, right?
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NO

Do you have the figures for the tax breaks for those green corps that are breaking the "nation's bank"?
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Silly question

Your views are very U.S. centric. You should take a step back, and see a more global view. That's what the Big Players do.
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So you agree this market slide is due in large part to tariffs?
 
Althea said:
NO

Silly question

So you agree this market slide is due in large part to tariffs?
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I agree you're right, the rate raise after DJT won, was the second under Obama.

"FED RAISES RATES BY 25 BASIS POINTS, FIRST SINCE 2006
Jeff Cox | @JeffCoxCNBCcom
Published 2:00 PM ET Wed, 16 Dec 2015 "

When you talk about special tax breaks, you are cherry picking. And as you know, a lot of those tax breaks go to GE, Tesla, and other green corps. It's just a BS talking point not backed up by macro economically, significant numbers and facts.

I don't think Tariffs are a primary influence.
 
Trump, and those who support him, are at fault for this, no one else. Another 800 point drop in the market on Wednesday, I predict.
Bigdog said:
There are so many different influences on the market, but let me make one thing perfectly clear, investors are NOT motivated by "SPITE". If you're selling to spite Pres. Trump, you're a poor fool. One main overhanging worry, is ... has the market paid the price for 8 years of free money, ... with legal zero fed rates and 4 QE's, yet?
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^^^^ This is the silliest "if" statement of the morning. People are selling because they are afraid of losing money in a market world that Trump's antics help to shake up.
 
Talking about "special tax breaks" is of course "not cherry picking."

Any push back about those breaks is nonsense because such comments, such as Big dog's are "not backed up by macroc economically significant numbers and facts."

The "Tariffs are a primary influence", yes.
 
jimmymccready said:
Talking about "special tax breaks" is of course "not cherry picking."

Any push back about those breaks is nonsense because such comments, such as Big dog's are "not backed up by macroc economically significant numbers and facts."

The "Tariffs are a primary influence", yes.
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Tariffs have no where near the effect the illnformed are trying to make them out to be. Even the NYT admits that: https://www.nytimes.com/2018/11/21/business/trumps-tariffs-havent-transformed-trade-yet.html

"He found that Mr. Trump’s actions would increase America’s annual tariff revenue by about $42 billion. That sounds like a big number and it has garnered major headlines. But if you consider the scale of international trade, the figure starts to seem more modest: Last year, Americans spent roughly $2.3 trillion on imports.

These numbers suggest the average tariff rate in 2018 will rise by about 1.8 percentage points, to about 3.2 percent. This means that Mr. Trump has already rolled tariffs back to roughly their level at the beginning of President Bill Clinton’s administration. Even so, average tariffs remain lower — by quite a large margin — than they have been through most of United States history.

It’s worth putting this in a global context. Even after these recent tariff increases, the United States will charge lower tariffs on average than most countries, although it has become notably more protectionist than major trading partners like Canada and the European Union.
Some historical perspective is useful here, too. The Smoot-Hawley tariffs of the 1930s — as the actor and writer Ben Stein memorably reminded us in the 1986 movie “Ferris Bueller’s Day Off” — led the average tariff rate to rise as high as — anyone, anyone? — 20 percent. Even that was an improvement compared with the early 1900s, when the tariff rate nearly hit 30 percent."
 
The writer of the opinion piece to which Sailor refers is a far right economist working for, in part, the Peterson Institute for International Economics (en.wikipedia.org/wiki/Talk:Peterson_Institute), which itself was in
"the news for publishing a critique of Donald Trump's policies against free trade, calculating the number of American jobs that would be lost if Trump's policies were enacted."

The future analysis by Sailor is not supported by the bedrock numbers, and the latest contortions of the market show that Sailor, Trump, and Peterson are all wrong.
 
jimmymccready said:
The writer of the opinion piece to which Sailor refers is a far right economist working for, in part, the Peterson Institute for International Economics (en.wikipedia.org/wiki/Talk:Peterson_Institute), which itself was in
"the news for publishing a critique of Donald Trump's policies against free trade, calculating the number of American jobs that would be lost if Trump's policies were enacted."

The future analysis by Sailor is not supported by the bedrock numbers, and the latest contortions of the market show that Sailor, Trump, and Peterson are all wrong.
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In other words, the truth does not agree with your warped sense of reality therefore it is wrong. And you assholes wonder why you keep losing.
 
Bigdog said:
Mr. Badguy wants a huge increase in death taxes.

:dunno:
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Only very large, wealthy estates are subject to that tax and the beneficiaries are still left with a nice pile of free money they did nothing for, so I don't have an ounce of sympathy for them.

Increasing taxes on people who have a lot enables us to lower taxes on those who have to struggle to get by.

Misguided fools are the only people who don't think that's the right thing to do.
 
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