Economy is roaring

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

Of COURSE there's a lot of emotion and feelings involved with the stock market. That's why you have to watch out for irrational exuberance. If you don't know that, maybe YOU shouldn't be investing. Why do you think the market took a big jump the day after Trump won? Because people knew he would be pro-business.

[Anonymous]

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How about we just increase taxes to their 2017 level? According to Trump supporters, the economy was roaring then too. And--bonus-- the deficit was 50% lower.

[Anonymous]

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

Absolutely! And the liberals upthread who are denying that emotion plays a role in the stock market are quite ignorant.

The question is timing: By the time Bernie wins his first few primaries, and it looks like he could be the nominee, the market will have already taken a big hit. If he goes on to clinch the nomination, even more of a hit. And if he wins the presidency, G-d help us all. Economic disaster.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

Of COURSE there's a lot of emotion and feelings involved with the stock market. That's why you have to watch out for irrational exuberance. If you don't know that, maybe YOU shouldn't be investing. Why do you think the market took a big jump the day after Trump won? Because people knew he would be pro-business.

So you admit that the current strength of the stock market isn't actually based on economic fundamentals, but is, rather, irrational exuberance?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How about we just increase taxes to their 2017 level? According to Trump supporters, the economy was roaring then too. And--bonus-- the deficit was 50% lower.

Geez.....do I have to teach you about EVERYTHING? The market was doing well then too because of the ANTICIPATION of the tax cuts, particularly those involving corporations. Stock markets are a leading indicator. I thought you liberals were so smart; surely you took Econ 101.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

Absolutely! And the liberals upthread who are denying that emotion plays a role in the stock market are quite ignorant.

The question is timing: By the time Bernie wins his first few primaries, and it looks like he could be the nominee, the market will have already taken a big hit. If he goes on to clinch the nomination, even more of a hit. And if he wins the presidency, G-d help us all. Economic disaster.

But why would the stock market crash? What would Bernie's nomination do to hurt the value of stock so significantly?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

Of COURSE there's a lot of emotion and feelings involved with the stock market. That's why you have to watch out for irrational exuberance. If you don't know that, maybe YOU shouldn't be investing. Why do you think the market took a big jump the day after Trump won? Because people knew he would be pro-business.

So you admit that the current strength of the stock market isn't actually based on economic fundamentals, but is, rather, irrational exuberance?

No, not right now. The fundamentals are strong and corporations are hitting and exceeding earnings. But when we get to the point where everyone and his grandma piles on, and we reach the irrational exuberance stage, then tread carefully. We're not there yet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How about we just increase taxes to their 2017 level? According to Trump supporters, the economy was roaring then too. And--bonus-- the deficit was 50% lower.

Geez.....do I have to teach you about EVERYTHING? The market was doing well then too because of the ANTICIPATION of the tax cuts, particularly those involving corporations. Stock markets are a leading indicator. I thought you liberals were so smart; surely you took Econ 101.

Interesting. The stock market was also very strong in 2015, reaching record highs at the time. Why was it so high then? What was it anticipating?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

Of COURSE there's a lot of emotion and feelings involved with the stock market. That's why you have to watch out for irrational exuberance. If you don't know that, maybe YOU shouldn't be investing. Why do you think the market took a big jump the day after Trump won? Because people knew he would be pro-business.

So you admit that the current strength of the stock market isn't actually based on economic fundamentals, but is, rather, irrational exuberance?

No, not right now. The fundamentals are strong and corporations are hitting and exceeding earnings. But when we get to the point where everyone and his grandma piles on, and we reach the irrational exuberance stage, then tread carefully. We're not there yet.

But if the fundamentals are strong, why would that change when Bernie is elected. What would he do to change the fundamentals?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

Absolutely! And the liberals upthread who are denying that emotion plays a role in the stock market are quite ignorant.

The question is timing: By the time Bernie wins his first few primaries, and it looks like he could be the nominee, the market will have already taken a big hit. If he goes on to clinch the nomination, even more of a hit. And if he wins the presidency, G-d help us all. Economic disaster.

But why would the stock market crash? What would Bernie's nomination do to hurt the value of stock so significantly?

Are you asking honestly, or just trying to be argumentative? Bernie's nomination would be frightening to investors because we would be one step closer to the possibility.....shudder.....that he could actually win the presidency. And remember, we won't know if the Senate "flips" until Election Day, either, so there's a slim chance that Bernie, if he won, could actually enact his stock market-killing policies. The first, of course, would be to hike taxes on corporations, but investors would be scared also of strangling regulations, fees on transactions (need to raise money for the giveaway programs), all sorts of things. Trust me: a socialist winning the WH would spell economic disaster.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My 401K is up 12% since Dec 1. Jesus H

Unglaublich

The leftists hate when "ordinary" people (meaning those who never earned six figures) save their money, invest for retirement, and see big increases under Trump. The market is almost 60% since he was elected!

So awful!!@!!!

Who's going to vote crazy Dem with a growing 401k and 529 for their kids?

It’s not sustainable you dummy

Sure, it can't keep going up and this rate, and it will drop at some point. But with jumps like we've seen, I could see a 20% pull back and still be much better off than I imagined even a few years ago. But vote for one of the crazy socialist Dems, and you will see a major hit. Middle Americans will lose a big part of their investments, businesses will slow down hiring, the unemployment rate will go up, more people will be forced onto food stamps - and liberals will be happy about it all.

If a "crazy socialist Dem" were elected, what legislation could they pass through the Republican controlled Senate? Do you think the Republican controlled Senate will pass Medicare for All? Or UBI? If the market drops 20% in response the to 0% chance of "crazy" legislation, then maybe the market isn't actually as strong as you say it is.

As long as we hold the Senate, there's no actual risk that crazy Bernie could enact his economy-destroying policies. But two thing to keep in mind:

1) The off-chance that the Senate flips AND Bernie wins means that Americans with savings are in for a world of hurt.
2) The market reacts emotionally, so even if we hold the Senate, even the thought of a socialist as the president - and the anti-business climate that would engender - is enough to topple the market.

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

+1.You sound like you don't know very much about investing. Maybe...you shouldn't?
https://www.bloomberg.com/news/articles/2019-10-30/obama-will-kill-stock-market-no-trump-will-no-warren-will

Of COURSE there's a lot of emotion and feelings involved with the stock market. That's why you have to watch out for irrational exuberance. If you don't know that, maybe YOU shouldn't be investing. Why do you think the market took a big jump the day after Trump won? Because people knew he would be pro-business.

So you admit that the current strength of the stock market isn't actually based on economic fundamentals, but is, rather, irrational exuberance?

No, not right now. The fundamentals are strong and corporations are hitting and exceeding earnings. But when we get to the point where everyone and his grandma piles on, and we reach the irrational exuberance stage, then tread carefully. We're not there yet.

But if the fundamentals are strong, why would that change when Bernie is elected. What would he do to change the fundamentals?

He could hike the corporate tax rate, for starters. The fundamentals are strong because of the policies Trump got through: lower tax rates, fewer regulations, that type of thing. Add in the "emotional" side of investing, and even a whiff of an anti-capitalist in the WH would send the market into a tailspin. Do you liberals really not realize just how damaging it would be to elect a socialist?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How about we just increase taxes to their 2017 level? According to Trump supporters, the economy was roaring then too. And--bonus-- the deficit was 50% lower.

Geez.....do I have to teach you about EVERYTHING? The market was doing well then too because of the ANTICIPATION of the tax cuts, particularly those involving corporations. Stock markets are a leading indicator. I thought you liberals were so smart; surely you took Econ 101.

Interesting. The stock market was also very strong in 2015, reaching record highs at the time. Why was it so high then? What was it anticipating?

Well it certainly wasn't anticipating a socialist! But even so, the jump in the stock market has been unreal since Trump was elected - up nearly 60%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

Absolutely! And the liberals upthread who are denying that emotion plays a role in the stock market are quite ignorant.

The question is timing: By the time Bernie wins his first few primaries, and it looks like he could be the nominee, the market will have already taken a big hit. If he goes on to clinch the nomination, even more of a hit. And if he wins the presidency, G-d help us all. Economic disaster.

But why would the stock market crash? What would Bernie's nomination do to hurt the value of stock so significantly?

Are you asking honestly, or just trying to be argumentative? Bernie's nomination would be frightening to investors because we would be one step closer to the possibility.....shudder.....that he could actually win the presidency. And remember, we won't know if the Senate "flips" until Election Day, either, so there's a slim chance that Bernie, if he won, could actually enact his stock market-killing policies. The first, of course, would be to hike taxes on corporations, but investors would be scared also of strangling regulations, fees on transactions (need to raise money for the giveaway programs), all sorts of things. Trust me: a socialist winning the WH would spell economic disaster.

So the market will crash if there is even a miniscule chance that the Senate flips and Bernie wins? You don't think that, maybe, the probability of this happening is baked into the market from the moment the presidential campaign started
The stock market was also really high in 2014, 2015, 2015 and 2017 and corporate taxes were higher. Why would returning to previous corporate tax rate spell economic disaster?

[Anonymous]

Are you liberals playing dumb with all these questions? Do you really not understand how Bernie's proposed policies would KILL the stock market, hurt businesses, increase the unemployment rate, and so forth? Socialism in a country with 330 million people, and with a porous border in which illiterate illegal immigrants stream in, is a recipe for failure?

It wouldn't be so bad with Biden. He's somewhat normal. (He just needs to keep his hands off the little girls until Election Day.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

But what is "anti-business climate" specifically? A feeling? Are you claiming that the stock market is based on feelings? What about the roaring economy?

don't be an idiot. If a socialist is elected, money will be withdrawn by corporations in a huge stock sell off in order to protect themselves from oncoming tax increases. They will pull the money to protect it before it is ripped from their accounts. Companies will be forced to lay off millions of people because they won't be able to pay them. Jobs will again be off loaded to foreign lands and companies wlll send hide their money overseas. The economy will go full recession and depression.

How about we just increase taxes to their 2017 level? According to Trump supporters, the economy was roaring then too. And--bonus-- the deficit was 50% lower.

Geez.....do I have to teach you about EVERYTHING? The market was doing well then too because of the ANTICIPATION of the tax cuts, particularly those involving corporations. Stock markets are a leading indicator. I thought you liberals were so smart; surely you took Econ 101.

Interesting. The stock market was also very strong in 2015, reaching record highs at the time. Why was it so high then? What was it anticipating?

Wow.

You're crazy.

The stock market was the opposite of strong in 2015 and 2016 -- until the very day Trump was elected.

You Dems live in Planet Earth?