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Dow sinks more than 2,000 points in worst day since 2008; S&P 500 drops more than 7%

ludin said:
This folks is called the ostrich. It is where you stick your head in the sand and you just claim nothing happened nothing happened while ignoring everything that did happen.
Basically you can't see anything because your head is stuck in a hole in the ground.

This is the expected response from leftist who can't support their position and want to simply just throw up denial fallacies all over the place.
It doesn't matter what evidence there is to show how wrong they are they will continue to ostrich or turtle which ever one suits you best.

After 12 Months of Trump, Here'''s What 100 CEOs Are Saying About His Effect on Business | Inc.com

71 percent rated the administration's impact on entrepreneurial businesses as mostly or somewhat positive. Just 22 percent called it mostly or somewhat negative. In 20 follow-up interviews, respondents disagreed about how much credit Trump deserved for their rosy fortunes, and many expressed discomfort with the tenor of his leadership. But the majority agreed that, so far, the administration's policies have been good for their businesses.

Wilmington Trust survey: Trump has strong support from small business

Trump boom ignites small business | TheHill

Facts don't care about your feelings have a nice day.
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Wow... amazing! Hey, you know who else had great support from CEOs and small businesses? OBAMA! And it was Obama who handed all the success to Trump.
Go on thinking your guy is a genius. But aside from cutting already low taxes on business (which is why they like him), he's done nothing.

Obama's Legacy of Supporting Small Businesses

Rating The Obama Years For Small Business Growth

https://www.inc.com/gene-marks/elec...support-president-barack-obama-heres-why.html


https://www.reuters.com/article/us-...-to-forge-ceo-alliances-idUSKBN0TY1FI20151215


PS. You've still proven ****. Just because CEOs support him it does not mean his policies are the reason why the economy is good.
 
joko104 said:
Reduction regulations. Energy independence. Tariffs and trade deals. Restoring some trust in the federal government by the business sector. Tax cuts - for starters.
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You've stated what he's done but you have not shown whether they made a difference or not.
 
Erod said:
The market is responding and coronavirus fears are are subsiding.

Tough day for Democrats.
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You think that we are really out of woods with this virus?
 
Cougarbear said:
It's Obama out there now saying how great his economy was and that the great movements of today's economy were because of Obama. I wonder if you or any Democrat or Trump hater would take responsibility then of the Coronavirus, Russia-Saudi oil price war and the stock market fall?
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So again when Obama was in office if the market went up it had nothing to do with what he did but if it went down he had everything to do with it
and now that Trump is in office IF the Market goes up and the Economy is going good it was Trump that did it , and IF the market and economy goes down Trump has nothing to do with it
YEP when a Republican is in office and the economy and markets are going good it is all what the President did and if they are going down it HAS to be something else
and the left had to have something to do with it.
what a bunch of Hippocrates
Have a nice night
 
Cougarbear said:
It's Obama out there now saying how great his economy was and that the great movements of today's economy were because of Obama. I wonder if you or any Democrat or Trump hater would take responsibility then of the Coronavirus, Russia-Saudi oil price war and the stock market fall?
Click to expand...
You sure sound like a real right winger, IF things are going good it is all because of the Republican's and the Republican President
and when things aren't going so good for them and the Country it is all the Left's fault
Yes some of the things the President does can effect the Market and economy but not everything
and when Trump and the Right wingers are out there taking all the credit for the Economy going good and the market going up . when things are going good. and when the economy. and market is going down all of a sudden it isn't their fault it HAS to be something the left did.
Yes they love to give Trump all the credit for the economy going good and the market going up but now that the market is going down and the economy could be sliding it CAN'T be the President's fault
They have to learn they can't have it both ways
when Obama was in office they blamed him for everything that went wrong but now that Trump is in office they say the President has nothing to do with it. Yes when Obama was in office they said it was all his ( the Presidents ) fault but now that a Republican ( Trump ) is in office if it is something that happened that is good it is all because Trump is in office and if something bad happens itisn't his fault or it is something the left did
what a bunch of hypocrites
Have a nice night
 
ecofarm said:
Well, the one bs claim that propped up the orange moron is gone.

Now what.
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Back to hating on Mexicans, I suppose.

It is funny that he had pinned his presidency on the Dow, even though it was not entirely his doing, and now the stock exchange is responding to a crisis he cannot manage with panic. But the way forward is best summed up by this bit from Salon:

salon said:
As voters, we're hiring an employee to do something almost no one can do. We're hiring a national steward to manage the most colossal and powerful government in human history. We're not hiring a bug-eyed TV pundit to loudly regurgitate all our rants, biases and vendettas. The presidency isn't luggage for stowing our feelings, our grievances or our social media brands. The presidency isn't about our identities, it's not about "owning" the other side and it's not about telling us what we want to hear. It's about rational, steady leadership, and there's none of that in the White House today as the world shuts down around us.
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Everything in that quote they say the presidency is not about is exactly what it is to Trump's people. They don't need any actual results as long as he keeps making them feel Trumpy.
 
uptower said:
Back to hating on Mexicans, I suppose.
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Where're Rudy, Lev and Igor.


Everything in that quote they say the presidency is not about is exactly what it is to Trump's people. They don't need any actual results as long as he keeps making them feel Trumpy.
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"Be the Trump."
 
Taylor said:
Hatuey, don't use words you don't understand. Give a damn... go to Webster's.
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No, no, I get it Taylor. You simply don't ever want to discuss Trump policies. It's always a reference to another president even 3 years in.



Я Баба Яга [emoji328]
 
Middleground said:
Wow... amazing! Hey, you know who else had great support from CEOs and small businesses? OBAMA! And it was Obama who handed all the success to Trump.
Go on thinking your guy is a genius. But aside from cutting already low taxes on business (which is why they like him), he's done nothing.

Obama's Legacy of Supporting Small Businesses

Rating The Obama Years For Small Business Growth

Election: Many Small Businesses Still Support President Obama. Here'''s Why | Inc.com


Obama opens White House doors to forge CEO alliances - Reuters


PS. You've still proven ****. Just because CEOs support him it does not mean his policies are the reason why the economy is good.
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your entire post is non-sequitor we are not talking about obama.
We are talking about trumps policies of which has helped grow the economy.

which you were shown and you continue to ostrich. so have a nice day.
 
ludin said:
We are talking about trumps policies of which has helped grow the economy.
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The economy was already growing... Trump policies have had a marginal impact on the economy given his entire platform has been an attempt to boost aggregate supply in an economy that is already flush with cash and extremely low interest rates. I mean, the guy promised you all 3%, 4%, 5%, or possibly 6% rGDP growth. Now the U.S. economy is headed for a recession (q2 2020).

which you were shown and you continue to ostrich. so have a nice day.
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The only people who are immune to reality are you and your fellow Trumpy's. I'm talking about the same group of people who would call BEA and BLS data releases fake, ZIRP a path to ruin, and deficits leading us to the collapse of the dollar.

You folks have ZERO credibility.
 
Kushinator said:
The economy was already growing... Trump policies have had a marginal impact on the economy given his entire platform has been an attempt to boost aggregate supply in an economy that is already flush with cash and extremely low interest rates. I mean, the guy promised you all 3%, 4%, 5%, or possibly 6% rGDP growth. Now the U.S. economy is headed for a recession (q2 2020).



The only people who are immune to reality are you and your fellow Trumpy's. I'm talking about the same group of people who would call BEA and BLS data releases fake, ZIRP a path to ruin, and deficits leading us to the collapse of the dollar.

You folks have ZERO credibility.
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ahhh kush are you yelling at the clouds again? bless your little heart.

actually the economy was stagnant.
Obama's Dismal Economic Record Looks Even Worse When Compared To Reagan

Trumps policies busted the market through ceiling levels that people didn't realize.
No the econonmy is not headed for a recession and for someone that is a self entitled "expert" you should realize that there is nothing
that trump passed or did to cause the market instability.

Yes you are immune to reality which is why i don't bother responding to you very often.

It depends on what you are referring to. when the BLS data shows that more people left the work force because they couldn't find jobs then celebrating the drop in unemployment is a bad thing.
Most rational logical people would figure this out. Obama touting that the unemployment is going down but it is going down because people are no longer looking for jobs is not something to celebrate.

if you have a problem with deficits then talk to pelosi and why she continues to pass multi-billion dollar deficit bills.
 
ludin said:
your entire post is non-sequitor we are not talking about obama.
We are talking about trumps policies of which has helped grow the economy.

which you were shown and you continue to ostrich. so have a nice day.
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You have posted NOTHING that proves that Trump's policies have helped the economy. Nothing. I was just showing you the same type of articles that were pro Obama.
 
Tbird19482 said:
So again when Obama was in office if the market went up it had nothing to do with what he did but if it went down he had everything to do with it
and now that Trump is in office IF the Market goes up and the Economy is going good it was Trump that did it , and IF the market and economy goes down Trump has nothing to do with it
YEP when a Republican is in office and the economy and markets are going good it is all what the President did and if they are going down it HAS to be something else
and the left had to have something to do with it.
what a bunch of Hippocrates
Have a nice night
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Don't try to change the subject. Obama-Biden are out there claiming they are responsible for the great economy. Well, are they still responsible? The fact is, Trump is responsible for the growth in the economy over the last 3 years. He's also responsible for any decline as well. But, the only thing going down right now is the stock market. The job market is still strong as well as everything else. Will the fake virus emergency hurt? Yep. Long term? Nope.
 
Cougarbear said:
Don't try to change the subject. Obama-Biden are out there claiming they are responsible for the great economy. Well, are they still responsible? The fact is, Trump is responsible for the growth in the economy over the last 3 years. He's also responsible for any decline as well. But, the only thing going down right now is the stock market. The job market is still strong as well as everything else. Will the fake virus emergency hurt? Yep. Long term? Nope.
Click to expand...
What are you talking about? trying to change the subject?
so again I said that when Obama was in office and things were going in the right direction the Republicans said that HE had nothing to do with it but when things went bad it was all his fault but NOW that Trump ( a Republican ) is in office everything that goes good is all because of Trump and anything that goes bad it has nothing to do with Trump and it has to be the Dem's doing it.
Have a nice night
 
Expect another chaotic day on the Street today. A 2000 point drop is easily in the cards.
 
Saw Dow futures went limit down after Trump's talk, and they're still there.

Truth is - with all the volatility, we have no idea where the equity market itself will go. I believe the first "circuit breaker" is a 15 minute time-out at 7%, the second is another 15 minute time-out at 13%, and finally a halt to trading for the day takes place at 20%.

But who knows? The market is extremely volatile. It might even go up, though it's not looking that way at the moment.
 
calamity said:
Expect another chaotic day on the Street today. A 2000 point drop is easily in the cards.
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All the indicators of a major crash are there. The stock market has soared to dizzying heights under Trump but that is not necessarily a good thing. The stock market soared in the 1920s, gaining about 20% each year from 1922 to 1929, but then the whole thing came crashing down when reality struck, likely sparked by the Fed Reserve hiking interest rates from 5% to 6%. The fiscal health of the nation was poor in 1929 before the crash, even though the market was at an all time high.

America is currently deeply in debt and the US government is living off borrowed money with no hope of paying off its huge debt obligations. Economists who understand the truth about fiscal laws know a crash is coming because no nation can keep borrowing itself deeper into debt without resulting in a serious "readjustment" (i.e., crash) putting an end to the deteriorating situation.

Another crash like what happened in 1929 may be just what the US government needs to relieve itself of its debt by spreading its losses around in a way that forces Americans to take a bath on their investments as well, thus lessening the debt burden on the government.
 
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