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  1. #61
    Quote Originally Posted by Bodakane View Post
    You're just mad cause I called out your game before we played it.
    Your phrasing with regard to "deserve" struck me as odd and I asked a question about it. That you went into hyperventilating defense mode I guess kind of answers the question.

  2. #62
    The Insane Daelak's Avatar
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    Quote Originally Posted by Xarim View Post
    What?

    No they didn't, the exact opposite happened

    Are you that far in denial that reality isn't registering?

    The morning after the election, the market started rallying and basically hasn't stopped since that day - I think the Russell 2000 Index had its best bull run in 30 years

    I know it's hard to accept but what if Trump is actually the good guy, and you were on the side of the villain (Hillary) all along?

    If you're an optimist about the world, then you would have to get behind Trump as a force for good and Trump's presidency as a great new era of growth and prosperity for the world (according to market expectations)

    It's hard to keep a straight face saying this, but the cognitive dissonance for the left is just too juicy
    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.
    Quote Originally Posted by zenkai View Post
    There is a problem, but I know just banning guns will fix the problem.

  3. #63
    Deleted
    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.

  4. #64
    Quote Originally Posted by Lemposs View Post
    Wouldn't it be more a reflection on the GOP being in control, rather than just the president-elect?

    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.
    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.

  5. #65
    The Insane Daelak's Avatar
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    Quote Originally Posted by Xarim View Post
    I'm both

    a) Not a Trump supporter and

    b) An equity market trader who's been in the business for over a dozen years

    Your evaluation of what is going on is coloured by your political bias

    I'm not saying Trump will definitely be good for the economy: I'm saying that the market right now believes he will be, and that is very interesting given the completely opposite narrative pushed by the media before the election

    Yes financial stocks and "fiscally-sensitive" stocks have outperformed along with USA small-caps - but the market as a whole has responded positively, not just in the USA but globally
    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.
    Quote Originally Posted by zenkai View Post
    There is a problem, but I know just banning guns will fix the problem.

  6. #66
    Quote Originally Posted by Spectral View Post
    Your phrasing with regard to "deserve" struck me as odd and I asked a question about it. That you went into hyperventilating defense mode I guess kind of answers the question.
    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

  7. #67
    The Lightbringer Rend Blackhand's Avatar
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    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.

  8. #68
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    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.

  9. #69
    Quote Originally Posted by gypsybob View Post
    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.
    You do realize that Brexit is not going to happen for at least another 3 years right?

  10. #70
    Quote Originally Posted by Aggrophobic View Post
    Ok there. Calm down.
    He's not the president yet. How about you wait and see befor you call him "gods gift to man"... or the "apocalypse" for that matter.
    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).

  11. #71
    Deleted
    Quote Originally Posted by gypsybob View Post
    I'm still waiting for the complete and total Armageddon from Brexit. Nearly 6 months late now.
    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.

  12. #72
    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.

  13. #73
    Quote Originally Posted by Bodakane View Post
    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.
    The 2009 depression had more to do with the credit crisis as a result of the housing bubble, and less to do with taxes on the rich. But keep propping up your boogieman.

  14. #74
    Quote Originally Posted by Bodakane View Post
    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.
    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.

  15. #75
    Quote Originally Posted by Canpinter View Post
    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.
    Maybe he'll win the Nobel Peace Prize for doing nothing. Oh wait! That already happened before.

  16. #76
    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.

  17. #77
    Quote Originally Posted by Direpenguin View Post
    Maybe he'll win the Nobel Peace Prize for doing nothing. Oh wait! That already happened before.
    ya obama didn't deserve that

  18. #78
    Legendary! Fenixdown's Avatar
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    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!)
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  19. #79
    Quote Originally Posted by Spectral View Post
    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.
    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.

  20. #80
    Deleted
    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.

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