Trump made Dow jump 1,086 points to record its biggest point gain on record

[LV426]

It's become a troll of a trolling of a troll to post the Dow results everyday and thank or blame Trump. It's what passes for intelligence on this board.

The problem is that Trump and the Conservatives tied their fortunes to the market...back when they passed the pointless and useless Russian Tax Cut, they said it would lead to stupendous market growth.

Today, the market is now below what it was when the tax cut was signed and when it took effect.

That has everything to do with the failure of the tax cut to do what was promised of it.

 

[LV426]

I noticed the ‘incompetent one’ managed to pass a criminal justice reform package that his predecessors failed to.

Yes, hang your hat on that. By all means. Ignore the failure of the tax cuts, the family separation policy, foreign policy via twitter, the massive deficit increase, the record monthly deficits, and no wage growth for 90% of workers for a Criminal Justice reform that you couldn't even begin to explain.

 

[LV426]

And nothing but crickets. The ‘incompetent’ president gets us in the process of pulling out of two wars—something virtually everyone but the neocons and the Perpetual War Establishment have been clamoring for—as far back as 2008. Obama promised it, but he didn’t deliver.

You're the one who supported those wars.

That was you, remember?

You're the one who said "we had to fight them over there so we didn't have to fight them over here."

That was you, remember?

By pulling us out of Afghanistan and Syria, with no withdrawal plan present, Trump is ceding both to the Taliban, Russia, and Iran.

Great work.

So the 18 years we've spent in Afghanistan has been for naught because Trump needed a distraction from his failure to get his racist wall built.

And you cheer it.

What a loser.

 

[Bourbon]

You are confused currently Trump has the Dow down 327

They don't know Jack-Shit about the market

 

[Evmetro]

DJIA is now down 285 points today, wiping out 25% of yesterday's gains before 10:00AM.

Conservatives cannot run economies because Conservatives really want to recreate fuedal society.

Ah, yes... The 1000 point gain yesterday was all Obama, but it looks like Trump is causing it to go back down today.

 

[LV426]

Ah, yes... The 1000 point gain yesterday was all Obama, but it looks like Trump is causing it to go back down today.

Never said it was about Obama, so this is you foisting a straw man on me so you don't have to be held to account for your blind support of Trump, and the garbage policies he and the Conservatives have produced.

Market is down for the year.

You all said the opposite would happen if the Russia Tax Cut was passed.

You're just a bunch of economic illiterates.

 

[canceled.2021.1]

I think what we are seeing in December is a lot of rebalancing of accounts with mutual funds and hedge fund liguidations

Additionally a lot of investors are getting rid of their losers so they can offset nine years of winners they sold in October and November for tax purposes

I think 2019 could be an ok year. The S&P has a forward PE of 16. That is pretty low. Buyers will return.

 

[Evmetro]

You're just a bunch of economic illiterates.

Maybe so, but I have picked up a few shares over these last few days at some nice bargains. As long as Trump keeps driving the market down, and Obama keeps driving it up, I'm going to keep on enjoying being economically illiterate.

 

[Bourbon]

[h=1]Trump leaves the country for Iraq, Dow +1000, returns -500. [/h]

 

[LV426]

You're just a bunch of economic illiterates.

Maybe so

Now that's the first honest thing I've ever seen a Conservative write...ever.

but I have picked up a few shares over these last few days at some nice bargains. As long as Trump keeps driving the market down, and Obama keeps driving it up, I'm going to keep on enjoying being economically illiterate.

No one believes you own any stock in the market.

 

[LV426]

I think what we are seeing in December is a lot of rebalancing of accounts with mutual funds and hedge fund liguidations

No, what we're seeing is the collapse of a market that was artificially juiced by the Russia Tax Cut, which failed to deliver on any of the promises made of it.

Additionally a lot of investors are getting rid of their losers so they can offset nine years of winners they sold in October and November for tax purposes

Nine years of winners?

So...Obama was good, after all.

You're welcome.

think 2019 could be an ok year. The S&P has a forward PE of 16. That is pretty low. Buyers will return.

By this time next year, we will be in a recession and it will be solely because of Conservative policy.

 

[Bourbon]

If you're a Day Trader ... yesterday was a good day

If you're an investor ... you know what yesterday really means

 

[Evmetro]

By this time next year, we will be in a recession and it will be solely because of Conservative policy.

And if there is no recession, it will be because of Obama, right? Markets up=Obama, Markets down= Trump, right?

 

[canceled.2021.1]

OMG

the stock market will never go up again.

It is over

 

[LV426]

And if there is no recession, it will be because of Obama, right? Markets up=Obama, Markets down= Trump, right?

You keep trying to foist straw men and you do that because you know you're full of shit.

 

[Joe Capitalist]

And if there is no recession, it will be because of Obama, right? Markets up=Obama, Markets down= Trump, right?

And if there is a recession, it will be because of Obama, right? Markets down=Obama, Markets up= Trump, right?

 

[Evmetro]

You keep trying to foist straw men and you do that because you know you're full of shit.

Oh no, I been around JPP long enough to see how lefties interpret changes in the market. I have seen plenty of threads about Trump crashing the economy when markets dip.

 

[Darth Omar]

You're the one who supported those wars.

That was you, remember?

You're the one who said "we had to fight them over there so we didn't have to fight them over here."

That was you, remember?

By pulling us out of Afghanistan and Syria, with no withdrawal plan present, Trump is ceding both to the Taliban, Russia, and Iran.

Great work.

So the 18 years we've spent in Afghanistan has been for naught because Trump needed a distraction from his failure to get his racist wall built.

And you cheer it.

What a loser.

You’re cheering for Trump to lose a battle with the perpetual war establishment because your TDS addled brain will settle for nothing less.

That’s the definition of loser.

 

[LV426]

You’re cheering for Trump to lose a battle with the perpetual war establishment because your TDS addled brain will settle for nothing less.

So what's the withdrawal plan, then?

What are the steps?

How do we establish non-American authority in the places Trump reflexively tweeted we would be leaving?

No Exit Strategy, right?

Amazing, Conservatives had no exit strategy from Iraq, and now have no exit strategy from Syria or Afghanistan.

Trump makes policy via twitter then leaves it to his idiot army to justify and explain, knowing they're incapable of both.

So what's the exit strategy? Do you even know? No, of course not. Trump just wanted to distract you from his failure to get his racist wall, and the failure of the Russia Tax Cut to deliver on the promises made of them.

That’s the definition of loser.

 

[Nordberg]

And the market down over 500 heading to 6 today. Investors hate volatility and this is the most volatile the market has ever been. Thanks Trump.