Impressed by Trump administration

Politics 2,698 replies 77,972 views
Automatik's avatar
Automatik
Posts: 14,632
Feb 16, 2017 11:17am
CC using the market to his advantage and people believe this?

LOL
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Feb 16, 2017 11:26am
sleeper;1837514 wrote:Then you must have loved Obama because the stock market went up 300% from when Obama took office to when he left.

I made a ton of money off the Obama Presidency. I exited a majority of a my positions last month because I think we've peaked and people smarter than me are expecting a flat 2017 AT BEST case scenario and likely a trend towards recession.

I'll be buying once the market bottoms out again.
So you've lost out on the last month of the market?

Got it.
Heretic's avatar
Heretic
Posts: 18,820
Feb 16, 2017 11:49am
Automatik;1837516 wrote:CC using the market to his advantage and people believe this?

LOL
But he's making money HAND OVER FIST!!!! Last night, he was able to eat moist dog food instead of the dry stuff!!!
Q
QuakerOats
Posts: 8,740
Feb 16, 2017 11:49am
sleeper;1837514 wrote:Then you must have loved Obama because the stock market went up 300% from when Obama took office to when he left.

S&P500 is up 50% from 10 years ago. Annualized, that is less than half its normal rate of return.
ptown_trojans_1's avatar
ptown_trojans_1
Posts: 7,632
Feb 16, 2017 11:58am
Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
SportsAndLady's avatar
SportsAndLady
Posts: 35,632
Feb 16, 2017 12:15pm
ptown_trojans_1;1837524 wrote:Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
Agree with this.

If you're using this argument, it just means you're biased towards or against a political party.
sleeper's avatar
sleeper
Posts: 27,879
Feb 16, 2017 12:18pm
SportsAndLady;1837520 wrote:So you've lost out on the last month of the market?

Got it.
Yes I have. Timing the market is often difficult but I invest long term as I plan on retiring before I hit the age of 40. Missing out on a few % increase is going to pay off because I believe the market will turn sometime this year. Instead of timing that perfectly, I'd rather exit now with substantial gains and stay in cash until I believe the market is less bloated.
C
Con_Alma
Posts: 12,198
Feb 16, 2017 1:25pm
Another EO will be signed after the President's Day weekend regarding immigration.
Q
QuakerOats
Posts: 8,740
Feb 16, 2017 1:36pm
sleeper;1837527 wrote:Yes I have. Timing the market is often difficult but I invest long term as I plan on retiring before I hit the age of 40. Missing out on a few % increase is going to pay off because I believe the market will turn sometime this year. Instead of timing that perfectly, I'd rather exit now with substantial gains and stay in cash until I believe the market is less bloated.

You can't retire; obama swelled the food stamp rolls to a staggering 46 million people; they are depending on you.
sleeper's avatar
sleeper
Posts: 27,879
Feb 16, 2017 1:44pm
QuakerOats;1837559 wrote:You can't retire; obama swelled the food stamp rolls to a staggering 46 million people; they are depending on you.
I will still be paying taxes. No worries there.
sleeper's avatar
sleeper
Posts: 27,879
Feb 16, 2017 1:45pm
Con_Alma;1837554 wrote:Another EO will be signed after the President's Day weekend regarding immigration.
That's good. Been seeing too many Brown people around these days.
C
Con_Alma
Posts: 12,198
Feb 16, 2017 1:47pm
How many is too many?

What does skin color have to do with it?
O-Trap's avatar
O-Trap
Posts: 14,994
Feb 16, 2017 1:54pm
gut;1837492 wrote:CC is pumping money into the market and riding.
Yeah, I meant some proof that he was actually making money "hand over fist."
Automatik;1837516 wrote:CC using the market to his advantage and people believe this?

LOL
I doubt it.
Heretic;1837521 wrote:But he's making money HAND OVER FIST!!!!
Hand over fist, man! HAND OVER FIST!!!
ptown_trojans_1;1837524 wrote:Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
I'm not even sure how much of an impact the Executive Office could have had in 2008-2009. Seems like the bulk of that was still the result of other entities.
Con_Alma;1837554 wrote:Another EO will be signed after the President's Day weekend regarding immigration.
Wait, what? Where did this come from?
sleeper;1837561 wrote:I will still be paying taxes. No worries there.
You should forego the taxes. Give to charities with the highest percentage going directly toward the cause. The help will go further.
Q
QuakerOats
Posts: 8,740
Feb 16, 2017 1:57pm
ISIS suicide bombing at shrine in southern Pakistan kills at least 75, officials say, the same day ISIS car bombing in Baghdad kills 51.



JV peace squad still aspiring to make varsity.
Q
QuakerOats
Posts: 8,740
Feb 16, 2017 3:08pm
Great presser today by the Donald, I hear.
majorspark's avatar
majorspark
Posts: 5,122
Feb 16, 2017 3:11pm
QuakerOats;1837588 wrote:Great presser today by the Donald, I hear.
He downgraded CNN from "fake" news to "very fake" news.
G
gut
Posts: 15,058
Feb 16, 2017 3:18pm
QuakerOats;1837504 wrote:Before the crash in '09 there were about 8,000 public companies available to invest in, today there are about 3,400. Simple supply/demand says that more 'investable' dollars chasing far fewer companies is going to result in higher valuations
No that's not how it works.

You only see PE's this high a year or two before and after recessions (when earnings are much lower).
sleeper's avatar
sleeper
Posts: 27,879
Feb 16, 2017 3:24pm
gut;1837590 wrote:No that's not how it works.

You only see PE's this high a year or two before and after recessions (when earnings are much lower).
Not sure QO understands P/E ratios. Keyword "ratios".
ptown_trojans_1's avatar
ptown_trojans_1
Posts: 7,632
Feb 16, 2017 3:33pm
QuakerOats;1837576 wrote:ISIS suicide bombing at shrine in southern Pakistan kills at least 75, officials say, the same day ISIS car bombing in Baghdad kills 51.



JV peace squad still aspiring to make varsity.
I have yet to hear or see how Trump will respond...

What is his ISIS policy?
S
superman
Posts: 3,582
Feb 16, 2017 3:41pm
ptown_trojans_1;1837597 wrote:I have yet to hear or see how Trump will respond...

What is his ISIS policy?
Didn't you hear his presser today?
We are going to do great things against ISIS. I mean really great. Lots of things, the best things. ISIS got strong because the previous administration was so weak. We are no longer weak. We are great again.
majorspark's avatar
majorspark
Posts: 5,122
Feb 16, 2017 3:50pm
ptown_trojans_1;1837597 wrote:I have yet to hear or see how Trump will respond...

What is his ISIS policy?
I read the Pentagon is considering recommending conventional ground troops in Syria.
ptown_trojans_1's avatar
ptown_trojans_1
Posts: 7,632
Feb 16, 2017 3:52pm
majorspark;1837608 wrote:I read the Pentagon is considering recommending conventional ground troops in Syria.
I also saw that.
http://www.militarytimes.com/articles/us-troops-syria-pentagon

If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
majorspark's avatar
majorspark
Posts: 5,122
Feb 16, 2017 3:56pm
ptown_trojans_1;1837609 wrote:If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
Yes and seek Congress's approval.
S
superman
Posts: 3,582
Feb 16, 2017 3:59pm
ptown_trojans_1;1837609 wrote:I also saw that.
http://www.militarytimes.com/articles/us-troops-syria-pentagon

If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
Actually he needs to tell the war mongers to pound sand. No way should we put ground troops in the quagmire.