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| Stocks Smash Records Again!; This Is What Faith In Real Leadership Abilities Looks Like Dear Dems | |
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| Tweet Topic Started: Jan 25 2017, 08:44 AM (367 Views) | |
| Alt Right PEPE | Jan 25 2017, 08:44 AM Post #1 |
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New York (AFP) - Wall Street investors were back in rally mode Tuesday, pushing the S&P 500 and Nasdaq to new records and lifting the dollar against the euro on renewed optimism about US President Donald Trump's policies. https://www.yahoo.com/news/dollar-ekes-gains-asia-sharp-losses-025648627.html |
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We Will Gnaw on ANTIFA Skulls | |
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| Robert Stout | Jan 25 2017, 09:48 AM Post #2 |
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Never get investment advice from a liberal....................... :oyvey |
| Jesus can raise the dead, but he can't fix stupid | |
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| peewee | Jan 25 2017, 11:20 AM Post #3 |
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The Dow Jones Industrial Average traded above 20,000 for the first time on Wednesday, resuming a rally that began in the wake of U.S. President Donald Trump's surprise election victory. The rally was reignited by Trump's signing of numerous executive orders since his inauguration on Friday. Investors love Trump. And aren't we all investors if we own any form of retirement plan or other investments? |
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| estonianman | Jan 25 2017, 01:15 PM Post #4 |
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| MEEK AND MILD | |
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| thoughtless | Jan 25 2017, 01:20 PM Post #5 |
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Investors love government spending. The idea of spending a trillion on infrastructure is a huge factor in this rally. |
| Without geometry, life is pointless. | |
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| estonianman | Jan 25 2017, 01:24 PM Post #6 |
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Could be - Could also be the anticipated tax cuts |
| MEEK AND MILD | |
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| PATruth | Jan 25 2017, 01:24 PM Post #7 |
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I'm still concerned about an asset bubble. Eight years of near zero interest rates and trillions of Quantitative Easing has it's effects. We still need real economic growth and rising wages. It doesn't help that Obama left the country 20 trillion dollars in debt with tens of trillions in unfunded liabilities. If Trump can get the economy growing at 4% it will slowly start to reduce the deficit and create REAL confidence for investors. We are walking a tightrope with a much more skilled tightrope walker. |
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"No. No he won't. We'll stop it." | |
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| estonianman | Jan 25 2017, 01:43 PM Post #8 |
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It will be interesting to see the if the Keynesians at the FED will attempt to pull the plug. A correction is needed at this point and mark my words - the useful idiots on the left will point the finger at Trump. Perhaps a CNN reporter should remind Trump that he needs to keep his eyes on the FED Edited by estonianman, Jan 25 2017, 01:44 PM.
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| MEEK AND MILD | |
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| PATruth | Jan 25 2017, 02:42 PM Post #9 |
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Agreed, the Fed will decide our "medicine" is needed now that they aren't propping up Obama's dismal economy. Keynes argued for countercyclical fiscal policies, deficit spending in downturns and surpluses when times are good. The problem is the left liked half the equation, they found the ability to spends trillions of dollars too much to resist and now include deficits in the budget as a source of income. That will not last forever. Will it collapse under Trump? We'll see, the next recession is going to be ugly, the Fed's gun are all out of ammo. Edited by PATruth, Jan 25 2017, 02:48 PM.
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"No. No he won't. We'll stop it." | |
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| thoughtless | Jan 25 2017, 03:23 PM Post #10 |
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I don't see where the Fed, congress, and Trump are going to all want to go on the same direction on any of this. It's hard for me to imagine any effort to pay down the deficit, with the massive spending programs that Trump's promised, while cutting taxes. Sure Trump has proposed cutting discretionary, non-military spending, but that's a little off the smallest piece of the pie. Nobody's going to cut social security benefits, medicare, or the military. Cut a few billion out of the discretionary, non-military spending on current programs, then add in a trillion for infrastructure, add in a few billion for military, then cut taxes, and expect the deficit to go down. It's a daydream. Trump's not going to get very far without the support of congress. He'll probably get what he wants to increase federal spending, because he'll have support from Democrats that want to spend more, and Republicans scared of tweets. But when it come to tax cuts, he got opposition from most all Democrats, and deficit fearing Republicans. We'll see, but it would take a hell of a skilled politician to pull it all off, and he seems mostly tied up in preserving his public image. |
| Without geometry, life is pointless. | |
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| Coast2coast | Jan 25 2017, 04:50 PM Post #11 |
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From 7,949.09 to over 20,000 in less than a week! Wow! No, wait. Most of that rise that has been handed to President Trump happened under... under... Thank you President Obama! |
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| estonianman | Jan 25 2017, 04:52 PM Post #12 |
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Who? |
| MEEK AND MILD | |
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| nNeo | Jan 25 2017, 10:06 PM Post #13 |
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See also: Reagan. Apparently Trump is copying more than his campaign slogan. |
| “Strong people don’t need strong leaders.” | |
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| jake58 | Jan 25 2017, 10:13 PM Post #14 |
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Increasing defense at a time when we face no real threat and our deficit is killing us is madness. Let's get everything on the table and get it sorted out. |
| That which can be asserted without evidence; can be dismissed without evidence- Christopher Hitchens | |
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| Alt Right PEPE | Jan 25 2017, 10:37 PM Post #15 |
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Get used to winning people! https://www.youtube.com/watch?v=MPnlMwDx_Oo |
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We Will Gnaw on ANTIFA Skulls | |
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| Drudge X | Jan 26 2017, 12:03 AM Post #16 |
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You are pure comedy. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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2:58 AM Jul 13