He's already promised to back out of the climate change accord at the behest of 200 US companies signing, as well as potentially appointing a "climate skeptic". He's not a force for good change, he's more beneficial short-term thinking and who gives a fuck about the future conman. Opening federal lands to oil exploration is not in the best interest nor good for the US or the fucking world. Keep your delusions to yourself.
Wouldn't it be more a reflection on the GOP being in control, rather than just the president-elect? Also haven't the market essentially continuously grown towards this steadly?
Also, people you might want to be a tad careful with investments as of right now, it is starting to look a lot like past mistakes.
Last edited by mmoccd6b5b3be4; 2016-11-23 at 03:13 PM.
If history is any guide market will continue to go even higher as Donald Trump enacts these republican policies until the eventual collapse so there's no reason to pull out right now. It maybe wise to be more active so you have some dry powder when blood is running in the streets to buy some cheap undervalued assets.
Oh nice you are an equity market trader. Let's see your above market rate of return for the past 12 years, because obviously, in your overflowing knowledge that is: "derrr stock market go up fer 2 weeks = gud, stockie market no like liberals herr durr."
You should try health insurance sales.
OK, fine.
The wealthy have benefitted from the lowest taxes in the US since leading up to the Great Depression starting after 9-11 until recently. During that time, our economy almost went into another Great Depression and the wealth gap is the largest its ever been, creating an even more unstable economy considering the middle class is supposed to be the engine. Rates went up a little and the economy has started to stabilize.
Now, go ahead and tell me I'm a commie, cause we all know you want to.
"When Facism comes to America, it will be wrapped in a flag and carrying a cross." - Unknown
I'm still waiting for the complete and total Armageddon from Brexit. Nearly 6 months late now.
The news has become highly irresponsible in recent years with wild economic predictions and doomsaying.
Trump will do things that will benefit Trump. So, if canceling an Asian trade treaty would have been a thorn in his side, He will cancel it. If penalizing fa foriegn market would help better his investments. He will penalize that market. When he says, for each proposed regulation he will demand two regulations be removed. He is looking for weighs to make his business easier.
This will benefit all of the investors because, his philosophies are designed to make life easier.
And yet, when the international markets tumbled after he was announced the winner, that was a sign of what a Trump presidency would mean. It's funny how people assign credit/blame and the timing of it all, depending on how it reflects upon their side.
For instance, we still blame Bush for any ills on Obama's economy, 8 years after the fact. Yet we hoisted Obama on the pedestal for getting Bin Laden, although the majority of the work had been done/put in place during Bush's term(s).
Come back once you understand "Brexit" means more than "on the day they voted +2weeks they are out".
Also:
http://www.independent.co.uk/news/bu...-a7366001.html
@Topic:
inb4 everyone realizes the "cool thing" about running a country like a business is, it needs to make money out of its customers, and the realization who those customers are.
In other news trumps election leads to a cure for polio and the invention of the automobile, sense we are giving him credit for things before he even takes office.
I don't know what this has to do with who "deserves" what. Whether someone deserves something isn't a policy question, it's a question of values. Trying to justify moral preferences as policy preferences is not really a linear, coherent argument.
I've never called someone a commie that isn't defending literal communism, to the best of my knowledge. Bizarrely, we have multiple posters that are happy to blithely defend communism.
Just like the Brexit people I want to caution that the stock market does not equal the strength of an economy, far from it. All the stock market is a place where people with disposable income throws their money at in hopes they choose correctly, no better than casino that doesn't have a house edge if you are smart. The stock market is doing good because hes promising less taxes and less regulation which is promising for corporations. The real economy is based on those who don't play the stock market which typical factors are unemployment, job growth, wage increases/decreases, productivity numbers and service demand. For example the stock market in 2010 was doing amazing but our economy was technically terrible. If you are saying stock market=economy then President Obama was the greatest economic president of our time.
I just want to throw out regardless of who was president we are probably entering a recession in mid to late 2017 if you look at the numbers.
Last edited by akris15; 2016-11-23 at 03:31 PM.
It should also be pointed out you're going into Q4, which is generally the heaviest spending time of the year. Companies see more growth in Q4 than any other quarter. If they don't, they're probably doomed.
But let's not think of silly things like facts or anything crazy like that.
Fenixdown (retail) : level 60 priest. 2005-2015, 2022-???? (returned!)
Fenixdown (classic) : level 70 priest. 2019 - present
I think deserves is also a wrong word maybe dumb, stupid and illogical would be better. It's already been proven that trickle down economics do not work and tax cuts are not revenue neutral especially on the high end. Even if Trump closes the loophole his tax cuts along with his fiscal spending are going to double our deficit and we won't have much to show for it.
Trump's response to this including analysis from the CBO is that he wants to change how we calculate GDP to include multipliers so a -2% gdp growth under the current model would end up something like +5% gdp. We will have to see what he implements but for now I am not very hopeful.
Stock exchange is purely speculative and there's at least 20 factors why it goes up and down, and I'll assure you a president is going to be a very small factor amongst those 20. The economy of the USA has been going up and the reason why the stocks are peaking is because the American economy growth is going to be bigger than they anticipated for the last Q of 2016, which isn't the credit of Trump, since he's not even the president yet.
We'll see how volatile the stock markets become once Trump is actually president and has the potential to do some serious and irreversible damage to the American Economy.