Obama's Stock Market Gain in first 696 days as president: 37%

Trump's Stock Market Gain in first 696 days as president: 18%

THOSE PESKY FACTS

Dow crashed another -464 points today.

We're now at 22,859

The last time we were that low was October 12th, 2017.

All 2018 gains are lost

3 months of 2017 gains are lost

Trump now only has 9 months of cumulative gains out of the 48 months he's been POTUS.

We are now having the worse December since the great depression in 1931

Stocks on track for worst December since the Great Depression

It should stop falling ...

I am looking at buying some "mutual fund" to put in my RRSP ( like 401K ) . They dropped 14% in the past week . Not a huge amount like all ya players/gansta here, about 12K that is just earning 1.25% ....

Already have 17K in that fund, bought at 13$ ( now at 17$, down from 19$ )

Another 13K I had at 1.25% has been put in a GIC at 3.25% for one year.

Will see

Actually thommy, there were 2 words for that...
SMOKE and MIRRORS

Believe it or not, those words were first used to describe reganomics before regan won his party nom by G.H.W. Bush in the primary run off.
LOL

Hey, we all knew the market was over priced, and part of that pricing was justified by those tax breaks, but they are temporary. Any return from that to shareholders in the form of stock buyback is over. the rest will go to CEO's and the board members.

When the dust settles, the dow will probably land around 17k-19k. Not that it might sink more before it settles. That assumes nobody does any more harm.
We can hope for a soft landing.

Trump's thin skin and inflated ego made him start a big bad tariff war and fucked the economy hard by increasing the cost of business & creating instability in every market.

Shameful

Everything was great until Trump started the tarriff war.

If you want to know who is making money in this market,
use news.google.com
https://news.google.com/search?q=ins...S&ceid=US%3Aen
Just the folks that get caught.

Insider trading can be done in a legal way. Insider buying/selling must be announced in advance so shareholders can see you are changing positions.
There was a source that I lost that would tell you about all those legal insider trades.
Can't find it now.

But this I thought was interesting yesterday... read it through...
https://www.bloomberg.com/opinion/ar...antic-surprise

After todays news i would not be surprised to see a huge drop tomorrow (Friday20th)

That fucker is going to fuck us all over

If you look at everything he is doing right now, I am lead to believe he knows he is on his way out.
He is going to settle grudges and do exactly as he pleases.
Nobody left in his cabinet to talk him out of anything either.
Smash and burn on exit.

Anyone with a brain knew that the economy was doing good because of Obama's policies and Trump just was riding the wave until it ended. Now it's ending.

Isn't Trump a fun President to follow on Twitter tho? He says the darndest things!!

If the DOW goes up, I credit our great former leader, Nobel Peace Prize winner Barack Hussein Obama II!

If the DOW goes down, i blame our current President Trump (because i don't agree with him politically).

economy is not a real national thing. a country´s economy today depends on the world economy and what this country can make out of it.

obama was wise and reliable enough to work together with the other countries. they pushed each other more or less.

trump has lost all his confidence in the rest of the world and he have SHOWN that he is willing to kill the world´s economy just for a few month of ego bathing.

he kicked every friends´s ass because he was not smart enough to know that the day will come when he need them. and this day is not far.

We are in total agreement on this! :thumbsup

Went up for 10 years, thanks to Obama, after Bush crashed it. Whenever in history there is a crash there is a Republican in office doing stupid fucking shit. There are also stupid fucking supporters making excuses with smarmy ass forum comments.

Fuck this, I'ma getting out of this until Rumpster is the fuck out of it

I expect the market to do another run before really crashing so some good short term opportunities around.

it was not bush that crashed it. it was the consequence of the "freedom" he gave the banks and financial services to fuck the people off up to the point when it must crash.

obama brought them under control at least a bit (still not enough) but trump gave them back the "freedom". and that means that the small people will pay for the next big disaster again.

now I am really confused...trump promised there would be lots of MAGA?!?!?...



https://www.tradingview.com/x/Xp7hR3cU/

No! You miss heard he said SMEGMA (a sebaceous secretion in the folds of the skin, especially under a man's foreskin.)

well that might be it because I was looking at the chart and I said to myself "wait a minute! thats not maga!" :2 cents::2 cents:

:1orglaugh:1orglaugh:thumbsup

can somebody go outside and check if there is MAGA all over the place? trump said there would be lots of MAGA...look for people counting fat stacks from all the trickle down :1orglaugh:1orglaugh:1orglaugh:1orglaugh


MAAAAAAAAAAAAAAAAAAAAAAAAGAAAAAAAAAAAAA!

https://i.ytimg.com/vi/eDyXIXyAZq0/hqdefault.jpg

https://media.gettyimages.com/photos...e-id1054823946

have a bit of this !

Well, yet one more slide the day before xmas.
While I don't think you should read a bunch into that because there is not a lot of volume with it.
Lack of buyers, not a shit-load of sellers.

But more interesting was really spooking the market... the treasury sec talking about how the liquidity of the banks is OK and it probably more about how he went about that.
https://www.cnn.com/2018/12/24/inves...ity/index.html

In a normal economy, the tres sec regulates bank liquidity.
After the bank collapse, the fed gained new tools to make adjustments to liquidity to have a ultimate non-political ability to regulate the economy. Well, actually, they had them all along but they were revised.

It is my belief that the fed is going to start a 'reverse repo' program in 2019. And not just push base rates up next year very much at all. Don't forget those rates are still some of the lowest we have had in our lifetime. If we are doing so good, we don't have the need to prop-up the banks anymore with artificial low rates.

But all of this and Trump about to roll back some of the few regulations put in place after the bank fallout. Feel better about that ?

Luckily obama made it go back up 1000 points.
Go obomber go