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Thread: The 'Trump put' saves stocks as investors bet the president won't let the market collapse

  1. #11
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    Re: The 'Trump put' saves stocks as investors bet the president won't let the market collapse

    Quote Originally Posted by Chomsky View Post
    I don't see the government manipulating the stock market as a good thing, at all.
    The manipulation you see is the publically traded companies wondering why they depended so heavily on China as a cheap alternative. Every other president gave them cover by not enforcing agreements so the cheap substitutes kept rolling in. Now they have to pay the tariff, which, BTW goes into the US general fund to be shoveled into one government furnace or another.
    Pelosi and Biden look like they are in a Visiting Angles commercial!
    Racism is not being able to read racist rap lyrics out loud because you are white.

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    Re: The 'Trump put' saves stocks as investors bet the president won't let the market collapse

    Quote Originally Posted by chuckiechan View Post
    The manipulation you see is the publically traded companies wondering why they depended so heavily on China as a cheap alternative. Every other president gave them cover by not enforcing agreements so the cheap substitutes kept rolling in. Now they have to pay the tariff, which, BTW goes into the US general fund to be shoveled into one government furnace or another.
    I have no idea how you call that manipulation. But I am definitely seeing manipulation by Trump, via the fed.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

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  3. #13
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    Re: The 'Trump put' saves stocks as investors bet the president won't let the market collapse

    Quote Originally Posted by Chomsky View Post
    I have no idea how you call that manipulation. But I am definitely seeing manipulation by Trump, via the fed.
    Who ever came up with the idea a president should just ignore the fed when their rate decisions make the difference between a booming economy and a stall. They still operate independently, itís just now we have a president who is not afraid to speak out when he feels the faucet is too tight. Who else should remind the fed that they canít hide behind their computer screens when they are killing the housing market for actual, tax paying human people? Got a second mortgage? I guess there is nothing like a second mortgage rate increase kick in the nuts to make you want to work overtime again. Renter? Rents go up on raises, never down.
    Pelosi and Biden look like they are in a Visiting Angles commercial!
    Racism is not being able to read racist rap lyrics out loud because you are white.

  4. #14
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    Re: The 'Trump put' saves stocks as investors bet the president won't let the market collapse

    Quote Originally Posted by chuckiechan View Post
    Who ever came up with the idea a president should just ignore the fed when their rate decisions make the difference between a booming economy and a stall. They still operate independently, it’s just now we have a president who is not afraid to speak out when he feels the faucet is too tight. Who else should remind the fed that they can’t hide behind their computer screens when they are killing the housing market for actual, tax paying human people? Got a second mortgage? I guess there is nothing like a second mortgage rate increase kick in the nuts to make you want to work overtime again. Renter? Rents go up on raises, never down.
    It's not the President's job to direct the Fed. The administration does Fiscal policy, while the Fed does monetary policy. Sorry.
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

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