Stock Market Down Almost 600 Points... Again

[Xinroth]

Trump is destroying the country.

I think it's time we begin talks of forcibly removing him from office.

[Dan_S]

https://www.cnn.com/2018/12/18/busin...ver/index.html

Alan Greenspan: investors should run for cover, stagflation coming. Thanks, Trump.

You mean the Alan Greenspan whose policies are one of the direct causes of the Great Recession?

Tell me why we should listen to him.

[iifymbro]

Trump is destroying the country.

I think it's time we begin talks of forcibly removing him from office.

You're not even American right? Don't have your own country to worry about?

[wesleysh21]

Rates have been rising since 2015.75 lmao. This entire 2018 has been the year of political and market hell because Trump keeps getting threatened with impeachment.

I have to say something here because its somewhat dishonest, but mainly just missing the point. A quick history:

2008 - After Obama was elected, in December of 2008 the Fed dropped the rate to the lowest rate in history.

2009 - No change. This was only the 2nd time since 1970 that the fund rate didn't change at all. The other year was 1993 after Clinton took office.

2010 - No change again. First time in modern history that the fed rate didn't change 2 years in a row.

2011 - No change again. Interdasting.

2012 - No change again.

2013 - No change again.

2014 - No change again.

2015 - After an unheard of 6 year span of no change, while also being at the lowest rates in history...the fed bumps the rate slightly in December 2015.

2016 - After Trump is elected in December of 2016, the fed bumps the rate again.

2017 - Trump takes office. The fed bumps the rate 3 times in his first year after not touching it for the first 6+ years of Obama's presidency.

2018 - The fed bumps the rates 3 more times, or for math majors that means the rate was bumped 6 times more in Trump's first 2 years than in Obama's first 6+ years. Its 3 times more than Obama had during his entire presidency.

Back to your regularly scheduled programming.

[SillieBazzillie]

Yes

Friday is coming soon Sillie. I'm sure you're excited

What do you mean by all time high GDP?

And payday is next week bro, but yes, I'm excited.

[SillieBazzillie]

I have to say something here because its somewhat dishonest, but mainly just missing the point. A quick history:

2008 - After Obama was elected, in December of 2008 the Fed dropped the rate to the lowest rate in history.

2009 - No change. This was only the 2nd time since 1970 that the fund rate didn't change at all. The other year was 1993 after Clinton took office.

2010 - No change again. First time in modern history that the fed rate didn't change 2 years in a row.

2011 - No change again. Interdasting.

2012 - No change again.

2013 - No change again.

2014 - No change again.

2015 - After an unheard of 6 year span of no change, while also being at the lowest rates in history...the fed bumps the rate slightly in December 2015.

2016 - After Trump is elected in December of 2016, the fed bumps the rate again.

2017 - Trump takes office. The fed bumps the rate 3 times in his first year after not touching it for the first 6+ years of Obama's presidency.

2018 - The fed bumps the rates 3 more times, or for math majors that means the rate was bumped 6 times more in Trump's first 2 years than in Obama's first 6+ years. Its 3 times more than Obama had during his entire presidency.

Back to your regularly scheduled programming.

Weird how the market has seen bigly gains without rates being zero as recently as 15 years ago. Also weird how Trump supporters love to complain about the horrible recovery yet now claim politics when it comes to moving rates up.

Double weird.

[topperstyle]

Trump is destroying the country.

I think it's time we begin talks of forcibly removing him from office.

lmao at the idea of any lib "forcibly" doing anything

[SWDeath]

Weird how the market has seen bigly gains without rates being zero as recently as 15 years ago. Also weird how Trump supporters love to complain about the horrible recovery yet now claim politics when it comes to moving rates up.

Double weird.

Bigly hypocrite you are. You aren't concerned with that though.

[arn710]

Weird how the market has seen bigly gains without rates being zero as recently as 15 years ago. Also weird how Trump supporters love to complain about the horrible recovery yet now claim politics when it comes to moving rates up.

Double weird.

None of this makes a lick of sense.

Maybe try again

[x-trainer ben]

And still 10,000 points higher than any point during Obama's tenure.

The sky is surely falling now.

Obama's peak was 17,100
so .......23,600-17,100= 6500<10,000

[LukeLissen]

Trump is destroying the country.

I think it's time we begin talks of forcibly removing him from office.

Shut the hell up. You don't even own a gun.

There's badasses sitting on the roof of the White House right now with MK12 Mod 1 sniper rifles with 30 round Chiquita banana clips and Lewpole scope waiting for any chumps to try and harm our Dear Leader.

[Streetbull]

They don't believe they got tax cuts, CNN told them they were only for the rich.

Voters did the equivalent of this: an employer hired them, and they pissed on his desk.

“Let’s put Nancy Pelosi and Maxine Waters in charge! Yeah, that’ll work..rein in that mean Drumpf with his...3.7% unemployment and tax cuts! Didn’t Nancy promise to reverse those tax cuts! That’s what I want...more taxes and regs because THAT’S the way to prosperity!!!!”

[nosirrahx]

I have been looking at the 5 year chart for a while and thinking that 22,500 to 23,500 would be a more reasonable price at this time.

I kind of hope it gets to 22,000 again so I can feel better about putting a bit more in.

[bobbydigitaloa]

Trump is destroying the country.

I think it's time we begin talks of forcibly removing him from office.

Imagine there are people that are stupid enough to believe this post...lol

[StallionRx]

Back to your regularly scheduled programming.

Thanks for posting.

I actually made a very similar post last night, but ended up deleting it because I didnt have time to debate the s-storm that was sure to ensue.

Nicely done.

[StallionRx]

None of this makes a lick of sense.

Maybe try again

Read it three times...totally agree.

Dude is completely out of his mind.

[LeJR]

I have to say something here because its somewhat dishonest, but mainly just missing the point. A quick history:

2008 - After Obama was elected, in December of 2008 the Fed dropped the rate to the lowest rate in history.

2009 - No change. This was only the 2nd time since 1970 that the fund rate didn't change at all. The other year was 1993 after Clinton took office.

2010 - No change again. First time in modern history that the fed rate didn't change 2 years in a row.

2011 - No change again. Interdasting.

2012 - No change again.

2013 - No change again.

2014 - No change again.

2015 - After an unheard of 6 year span of no change, while also being at the lowest rates in history...the fed bumps the rate slightly in December 2015.

2016 - After Trump is elected in December of 2016, the fed bumps the rate again.

2017 - Trump takes office. The fed bumps the rate 3 times in his first year after not touching it for the first 6+ years of Obama's presidency.

2018 - The fed bumps the rates 3 more times, or for math majors that means the rate was bumped 6 times more in Trump's first 2 years than in Obama's first 6+ years. Its 3 times more than Obama had during his entire presidency.

Back to your regularly scheduled programming.

So basically the economy was doing fine with the rate increases until Trump decided to launch a trade war and tariffs, both which are directly cited in recently quarterlies as being the headwinds for the earnings / revenue guidance cuts of American businesses.

The feds mandate is inflation and full employment. Not to goose the stock market.

[Jrd86]

I have to say something here because its somewhat dishonest, but mainly just missing the point. A quick history:

2008 - After Obama was elected, in December of 2008 the Fed dropped the rate to the lowest rate in history.

2009 - No change. This was only the 2nd time since 1970 that the fund rate didn't change at all. The other year was 1993 after Clinton took office.

2010 - No change again. First time in modern history that the fed rate didn't change 2 years in a row.

2011 - No change again. Interdasting.

2012 - No change again.

2013 - No change again.

2014 - No change again.

2015 - After an unheard of 6 year span of no change, while also being at the lowest rates in history...the fed bumps the rate slightly in December 2015.

2016 - After Trump is elected in December of 2016, the fed bumps the rate again.

2017 - Trump takes office. The fed bumps the rate 3 times in his first year after not touching it for the first 6+ years of Obama's presidency.

2018 - The fed bumps the rates 3 more times, or for math majors that means the rate was bumped 6 times more in Trump's first 2 years than in Obama's first 6+ years. Its 3 times more than Obama had during his entire presidency.

Back to your regularly scheduled programming.

They shouldnt raise interest rates anymore this year, but they will.

[img]https://static01.nyt.com/images/2018/03/21/us/fed-rates-powell-promo-1521650995861/fed-rates-powell-promo-1521650995861-********Jumbo-v4.png[/img]

Rate hikes are always followed by a recession after hitting a peak. You could argue, that rate hikes cause recessions. Its as if....they want a recession...just like...Bill Maher wanted a recession to oust Trump in 2020! Obama enjoyed virtually no rate hikes for the majority of his presidency. That is unheard of. Even Bubba enjoyed long periods of no rate hikes... There will be a recession under Trump, and the fed will be the cause of it.

[Jasonw1178]

Weird how the market has seen bigly gains without rates being zero as recently as 15 years ago. Also weird how Trump supporters love to complain about the horrible recovery yet now claim politics when it comes to moving rates up.

Double weird.

Just odd. Jrd posted a chart, funny how when a democrat is in office, the fed drops it and keeps it low, but when a republican gets in, they jack the rates.

Trump is calling them out on it.

I have been looking at the 5 year chart for a while and thinking that 22,500 to 23,500 would be a more reasonable price at this time.

I kind of hope it gets to 22,000 again so I can feel better about putting a bit more in.

Right, it's been said by almost all the reputable economist that it was over inflated.

[NYPat]

Just odd. Jrd posted a chart, funny how when a democrat is in office, the fed drops it and keeps it low, but when a republican gets in, they jack the rates.

Trump is calling them out on it.



Right, it's been said by almost all the reputable economist that it was over inflated.

Or.. it could be that every time a Republican takes office we eventually have a recession, then a Democrat takes office and bails us out back into prosperity, and then another Rep takes over and fuks things up, and the cycle continues. And maybe, maybe, the Feds just increase the rates after the Dems recover the economy and lower them after the Reps fuk it up again..

[arn710]

Or.. it could be that every time a Republican takes office we eventually have a recession, then a Democrat takes office and bails us out back into prosperity, and then another Rep takes over and fuks things up, and the cycle continues. And maybe, maybe, the Feds just increase the rates after the Dems recover the economy and lower them after the Reps fuk it up again..

So it took 7 year to recover the economy and you want to claim it wasn't the weakest recovery in history

k den

Good thing Trump took over to get us back on pace

Thanks Trump!

[topperstyle]

Or.. it could be that every time a Republican takes office we eventually have a recession, then a Democrat takes office and bails us out back into prosperity, and then another Rep takes over and fuks things up, and the cycle continues. And maybe, maybe, the Feds just increase the rates after the Dems recover the economy and lower them after the Reps fuk it up again..

That is such a poor one-dimensional analysis.

[scheal]

Shut the hell up. You don't even own a gun.

There's badasses sitting on the roof of the White House right now with MK12 Mod 1 sniper rifles with 30 round Chiquita banana clips and Lewpole scope waiting for any chumps to try and harm our Dear Leader.

He's going to shout some racial slurs and then start crying just like he did on election night

That should do it

[x-trainer ben]

That is such a poor one-dimensional analysis.

Fill in the banks then chief; you have a whole empty rectangular box to teach us all that you know! Go!

[|ceman]

I have to say something here because its somewhat dishonest, but mainly just missing the point. A quick history:

2008 - After Obama was elected, in December of 2008 the Fed dropped the rate to the lowest rate in history.

2009 - No change. This was only the 2nd time since 1970 that the fund rate didn't change at all. The other year was 1993 after Clinton took office.

2010 - No change again. First time in modern history that the fed rate didn't change 2 years in a row.

2011 - No change again. Interdasting.

2012 - No change again.

2013 - No change again.

2014 - No change again.

2015 - After an unheard of 6 year span of no change, while also being at the lowest rates in history...the fed bumps the rate slightly in December 2015.

2016 - After Trump is elected in December of 2016, the fed bumps the rate again.

2017 - Trump takes office. The fed bumps the rate 3 times in his first year after not touching it for the first 6+ years of Obama's presidency.

2018 - The fed bumps the rates 3 more times, or for math majors that means the rate was bumped 6 times more in Trump's first 2 years than in Obama's first 6+ years. Its 3 times more than Obama had during his entire presidency.

Back to your regularly scheduled programming.

[Dan_S]

I'm confused why you posted this. Everyone's talking about interest rates, not inflation.

[|ceman]

I'm confused why you posted this. Everyone's talking about interest rates, not inflation.

if you're confused as to what the relationship between interest rates and inflation is, then maybe phone a friend? or do some more learning on the purpose of the fed? here's a good link: https://www.businessinsider.com/how-...-rates-2017-12

[Dan_S]

if you're confused as to what the relationship between interest rates and inflation is, then maybe phone a friend? or do some more learning on the purpose of the fed? here's a good link: https://www.businessinsider.com/how-...-rates-2017-12

Is your point then that the Fed is failing miserably? I'm still confused.

[arn710]

In4 more condescending comments, spelling and grammar criticisms and memes recycled 21398760874353 times by miceman

[Austanian]

Is your point then that the Fed is failing miserably? I'm still confused.

Not sure why....

Ice actually did a decent job here. He is showing that the Fed did not raise interest rates in 2015 and 2016 because inflation was sub 2%. One of the Fed's primary goals is to spread out the peaks and valleys of market events. Deflation is bad and high inflation is also bad. Rates were kept way low for so long because they had to be. (Because raising them would cause deflation) However, we are nearing a new market crash/recession if past trends have any baring at all. If the fed doesn't have a way to cut interest rates when that event happens it will be bad.

Currently the fed is working hard to keep the inflation rate at 2% which is fiscally sound. Even though it may bring the new market crash/recession a little sooner. Typical economic cycle is 7 years and we are at 10. People get stupid when they think of the market as a "sure thing".

In4 more condescending comments, spelling and grammar criticisms and memes recycled 21398760874353 times by miceman

Not sure where you are going here. His posts were pretty relevant to the topic.