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President Trump: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Nov 12, 2016.

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  1. melock

    melock Well-Known Member

    The. Best. People.
     
  2. Tarheel316

    Tarheel316 Well-Known Member

    Trump isn’t the first president to jawbone the Fed. LBJ did so in a far more menacing in your face way.
     
  3. YankeeFan

    YankeeFan Well-Known Member

    How exciting! Congrats on that.

    Where abouts? Hopefully close to the beach.

    Your kids must be happy to spend some time away from the cold Ontario winter. Does your son just love swimming in the ocean?
     
  4. garrow

    garrow Well-Known Member

  5. YankeeFan

    YankeeFan Well-Known Member

    In a volatile market, a lot of people are leery of going home long over the weekend, which can make Fridays particularly gruesome. (We saw a smaller version of this on Tuesday, with the markets closing on Wednesday for the Bush funeral.)

    I wouldn't be surprised if the market tests yesterday's lows.

    And, if it does, it will be a buying opportunity.
     
  6. Inky_Wretch

    Inky_Wretch Well-Known Member

    So Trump didn't jawbone the market?
     
  7. poindexter

    poindexter Well-Known Member

    The dow is currently down 1.74%, two hours after the market opened.

    It is almost like you have no idea what you're talking about.
     
  8. poindexter

    poindexter Well-Known Member

    Just stfu
     
    John B. Foster likes this.
  9. garrow

    garrow Well-Known Member

    HanSenSE likes this.
  10. TigerVols

    TigerVols Well-Known Member

    Dow close on Jan 2, 2018: 24,824
    Dow at the moment: 24,661.

    Remind me again how effective he's been this year?
     
  11. YankeeFan

    YankeeFan Well-Known Member

    LOL.

    I'm dismissing the idea -- put forward by market guru, and renowned plagiarist, Ragu -- that Trump was jawboning the market, or that it worked.

    The market is going to do what it's going to do. But, its initial response to the jobs number was to rally 200 points. That was a predictable response to a weaker than expected jobs number, not a loss, that Ragu was suggesting Trump was trying to prevent.
     
  12. YankeeFan

    YankeeFan Well-Known Member

    LOL. Where was it in the hours after Trump was the apparent winner of the election?

    Where did Krugman, and others, say it would be under a Trump Presidency?

    We're currently just off of record highs. If you don't think the current dip is a buying opportunity, that's fine. I bet you'll be wrong.
     
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