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Originally Posted by TampaToker
Yes there was residual carryover from Obama if anyone says there was not then they full of shit. But at the same time the reason for the fed hikes is because of all those years at damn near nothing with low fed rates under Obama.
In regards to Chine Trump picked the right time with the tariffs war. Since this started China's stock market is down 30% and will continue to go do. I am not crowning Trump anything there are way to many factors to place blame or success on a man for our markets. Was i am concerned about is what the feds do in 2019. If they do not act foolishly we will beat china but about a month ago the feds did say they were worried about the global economy that scares me.
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We are going to go into another recession, it is how the economy works. I too am scared it will be a bad one as the Fed and others are. Like you, I think the POTUS gets too much credit when the economy is good and takes too much shit when it is bad. All that said, Presidents can and do effect the markets. They can just say things that will cause the markets to go up or down. I, personally, am not a fan of Trump's economic ideals and policies, but, as I said, let's see how it plays out. My fear is that we have learned very little since 2008 and there is darkness on the edge of town. The question then becomes, how bad will it be and will Trump's policies help or hurt? I don't know the answer.