It's the Economy Stoopid

[Anonymous]

Schools are open in my state.

Help wanted signs are everywhere. I've passed 10 signs in the last two days.

Construction is going on everywhere.

[Anonymous]

Trump is a genius... waits until after the markets close on Friday to announce WR hospital, even though I saw a satellite truck out front at 8am. He does the SUV tour of Wisconsin ave right before Asia opens Sunday afternoon and market up 400 points at this moment.

#winning

[Anonymous]

Anonymous wrote:Schools are open in my state.

Help wanted signs are everywhere. I've passed 10 signs in the last two days.

Construction is going on everywhere.

Far out. Anonymous anecdotes. Thanks.

[Anonymous]

US trade deficit rises 5.9% to $67.1 billion in August, highest since August 2006.

I am tired of all the winning.

[Anonymous]

The fact that there's certainly already a recession and likely an incipient depression means this topic is closed. If rationality is in play at all, Trump loses.

I pray for the economy of our nation. That people will still be able to eat. And that the Republicans are stopped before we become a full-fledged under-developed country.

[Anonymous]

Anonymous wrote:Trump is a genius... waits until after the markets close on Friday to announce WR hospital, even though I saw a satellite truck out front at 8am. He does the SUV tour of Wisconsin ave right before Asia opens Sunday afternoon and market up 400 points at this moment.

#winning

What does it matter? It can crash any day, any minute.
It’s the economy of that matters, not your ponzi scheme.

[Anonymous]

Anonymous wrote:Trump is a genius... waits until after the markets close on Friday to announce WR hospital, even though I saw a satellite truck out front at 8am. He does the SUV tour of Wisconsin ave right before Asia opens Sunday afternoon and market up 400 points at this moment.

#winning

#attemptedhomicide
#bluelivesdontmatterafterall

[Anonymous]

[Anonymous]

Anonymous wrote:

[/Federal Reserve Chairman Jerome Powell warned of potentially tragic economic consequences if Congress and the White House don’t provide additional support to households and businesses disrupted by the coronavirus pandemic.

“The expansion is still far from complete,” Mr. Powell said in his strongest remarks to date on the subject, delivered to a virtual conference of private-sector economists Tuesday. “At this early stage, I would argue that the risks of policy intervention are still asymmetric. Too little support would lead to a weak recovery, creating unnecessary hardship.”

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Fed’s Bullard: Likely Robust Recovery Won’t Call For Change in Fed Policy
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By contrast, the risks of providing too generous relief are smaller, he said. “Even if policy actions ultimately prove to be greater than needed, they will not go to waste,” he said.


A few hours after Mr. Powell spoke, President Trump said he was suspending negotiations with congressional Democrats over steps to extend unemployment benefits that lapsed in July and to provide additional aid to hard-hit businesses, cities and states.

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Mr. Trump said the economy was doing well without additional spending and that he would revisit any talks next month.

“I have instructed my representatives to stop negotiating until after the election,” Mr. Trump said on Twitter. The Dow Jones Industrial Average fell around 500 points, or around 1.8%, immediately after the statement.

After a monthslong impasse, negotiations between House Speaker Nancy Pelosi (D., Calif.) and Treasury Secretary Steven Mnuchin had picked up in recent days as congressional Democrats and the White House explored a possible breakthrough before the Nov. 3 election.

So if he is going to lose, he may as well be the biggest, most vindictive and callous fool of them all, and try to shred the economy with it. He shits where he eats then moves to do the same in a new neighborhood.

[Anonymous]

And thus, Trump will tank the US economy, and the GOP and Cabinet will sit on their hands and let it happen.

[Anonymous]

Goldman Sachs: A Democratic sweep would mean faster economic recovery
https://www.cnn.com/2020/10/06/business/economy-election-blue-wave-goldman-sachs/index.html?fbclid=IwAR0DMYnclXkG9HiH-4RqioEXEo4aeBz3ChfH67OjpS-ECkyAB9SG3c1LVno

[Anonymous]

This is NOT the right direction

[Anonymous]

Anonymous wrote:

Anonymous wrote:

[/Federal Reserve Chairman Jerome Powell warned of potentially tragic economic consequences if Congress and the White House don’t provide additional support to households and businesses disrupted by the coronavirus pandemic.

“The expansion is still far from complete,” Mr. Powell said in his strongest remarks to date on the subject, delivered to a virtual conference of private-sector economists Tuesday. “At this early stage, I would argue that the risks of policy intervention are still asymmetric. Too little support would lead to a weak recovery, creating unnecessary hardship.”

MORE

U.S. Stocks Waver
Fed’s Bullard: Likely Robust Recovery Won’t Call For Change in Fed Policy
August Trade Gap Was Largest Since 2006


By contrast, the risks of providing too generous relief are smaller, he said. “Even if policy actions ultimately prove to be greater than needed, they will not go to waste,” he said.


A few hours after Mr. Powell spoke, President Trump said he was suspending negotiations with congressional Democrats over steps to extend unemployment benefits that lapsed in July and to provide additional aid to hard-hit businesses, cities and states.

WSJ NEWSLETTER

Notes on the News
The news of the week in context, with Tyler Blint-Welsh.
Notes on the News
I would also like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time.I agree to the Privacy Policy and Cookie Notice.
SIGN UP
Mr. Trump said the economy was doing well without additional spending and that he would revisit any talks next month.

“[

After a monthslong impasse, negotiations between House Speaker Nancy Pelosi (D., Calif.) and Treasury Secretary Steven Mnuchin had picked up in recent days as congressional Democrats and the White House explored a possible breakthrough before the Nov. 3 election.

So if he is going to lose, he may as well be the biggest, most vindictive and callous fool of them all, and try to shred the economy with it. He shits where he eats then moves to do the same in a new neighborhood.

Who is he helping in this pump and dump market? Who is betting against it and why?

[Anonymous]

Anonymous wrote:And thus, Trump will tank the US economy, and the GOP and Cabinet will sit on their hands and let it happen.

This is beyond a dereliction of duty. It is sabotage.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And thus, Trump will tank the US economy, and the GOP and Cabinet will sit on their hands and let it happen.

This is beyond a dereliction of duty. It is sabotage.

of course it’s sabotage. They see where this election is headed. They are burning it down on the way out.