Democrats causing stress on the Stock Market - trump

chuckiechan said:

The biggest thing Trump did was get rid of the plethora of ominous regulations anti business democrats saddled private industry with.

Click to expand...

Agreed! Clean air and clean water are completely overrated. And so what if your kids get cancer and die young. Trump and his buddies are getting rich, and that is what counts. Amirite?

Chomsky said:

Agreed.

And did you see the recent release stats of corporate buybacks of over $1T this year? That's around the same number as the debt we're taking-on for this mess. Actually, I think only 200B was spent on capital purchase (from memory).

As to my earlier comment about the economy not needing much stimulus, I am a bit torn on it. As an individual, I was perfectly happy with Obama's economy of low interest rates and low inflation. Everything seemed to be calmly and steadily moving in the right direction, with very little drama. Actually, it seemed very appropriate for "No Drama" Obama!

But in an analyst's terms, I am pleased we are getting rates back up to an operating range, where we have room to juice the economy if it becomes necessary. That was my biggest fear.

Click to expand...

Did you know that a stock buyback is still a taxable sale for the seller?

chuckiechan said:

Did you know that a stock buyback is still a taxable sale for the seller?

Click to expand...

That's true but there's no reason to believe that stock buybacks increase the number of those taxable sales. The company just buys them in the open market, and instead of holding the shares like other buyers, retires them to reduce shares outstanding, which all things equal means higher EPS, etc. and maybe through increasing demand for shares drives up the price a bit, at least short term.

Trump Tweet said:

“The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!”

Click to expand...

:lamo


So much for the buck stopping at the desk of the president. So when it's doing well it's his doing, but when it isn't it's someone else. Never mind the fear traders have of an economic down turn and technology companies predicting slower sales; surely it's the Democrats. Well, when it's the Democrats passing legislation to slow down the sales of iPhones then I'll say there's a shred of truth in what Trump says.

JasperL said:

That's true but there's no reason to believe that stock buybacks increase the number of those taxable sales. The company just buys them in the open market, and instead of holding the shares like other buyers, retires them to reduce shares outstanding, which all things equal means higher EPS, etc. and maybe through increasing demand for shares drives up the price a bit, at least short term.

Click to expand...

When they sold them shareholders got diluted, now they get enriched. Its not as bad as it sounds except to those unfamiliar with corporate finance.

Democrats causing stress on the Stock Market - trump

Click to expand...

If Trump says X is the causing stress on Y, it's doubtful that Y is at all stressed, and it's almost assured that even if Y be stressed, X isn't the cause of it.

That is how, after three years of hearing Trump's lies and palterings, anyone with half the sense God gave a goose must assess Trump's assertions about the world in which live.

chuckiechan said:

When they sold them shareholders got diluted, now they get enriched. Its not as bad as it sounds except to those unfamiliar with corporate finance.

Click to expand...

I'm not making a moral comment on share buybacks. Another alternative is dividends. Just pointing out that the gains from the buybacks/sales don't do much for tax revenues.

chuckiechan said:

As it is now, the markets are reacting to electoral fraud and having gains stolen. It's not good.

Click to expand...

I really wonder what it must be like to feel a compulsion to lie to falsely claim undeserved credit for one's perceived "side" and to falsely cast blame on the other.


"Electoral fraud"?

I know no such thing happened. I know Trump only said it to whip his minions into a frenzy.

You know no such thing happened. You know Trump only said it to whip his minions into a frenzy.

And we both know that each other knows these things. So what - WHAT - do you think you are going to accomplish by parroting his insultingly stupid lie, with its obvious motivation to boot?

What?




I mean...it happens every time. Trump says some random bull. If it's a false claim of credit, you run here to parrot it. If it's to blame something on Teh Libruls, you run here to parrot it. It happens every time.

Do you expect someone to think you actually sat there, conducted an objective analysis of available evidence, and reached a conclusion - AND that it's just magical coincidence that what you say every single time just so happens to be the exact same thing Trumps said?