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Stocks fall to 2017 levels, all 2018 gains lost
Stocks are below December 8th 2017 levels now No gains for 2018 So much for the booming economy |
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"Clearly, this has been planned by agents of Guilder! We must be prepared for whatever lies ahead."
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Rochard, when I click on your pics on mobile it goes to a shitty ad.
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You guys do realize that it's normal for the stock markets to climb and fall, right?
Right? |
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It's not 'normal' for the market to have not made any gain in 12 months, especially in the 'best economy in history'. A 7% gain has been the historic normal for a 12 month period. |
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https://i0.wp.com/www.rodneyknott.co...?fit=780%2C423 |
Just saw today that the Wall Street Journal and Bloomberg are both reporting that Ford will be losing about $1 billion because of Trump's tariffs and will lay off 12% of its workforce as a result.
Their stock has dropped 30% in 2018. |
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:glugglug |
alike Brexit, those who voted for him and Brexit have been given opportunities to vote other ways...
they´re like falling from 10k feet and their parachute is faulty, they´ve been tole there´s a reserve, but they won´t pull it, they just keep hoping it´s going to be ok & telling others it´s all good :( Make the UK & US great again, pull the reserve shoot and stop these insane ideas of Trump & Brexit :) |
Trump supporters want to make believe all is well with the economy, but the reality is:
We are at negative stock growth for the year. We are in a self imposed trade war costing billions to businesses. We have only subsidized farmers $12 billion so they don't go under (for 1 year only ending 1/1/2019) all other businesses are eating the tarrifs, impacting their bottom line, stunting growth. US household debt of $13.3 trillion now exceeds the 2008 peak. That’s due in part to mortgage lending, which is hovering near its decade-ago level of $9 trillion-plus. Student loans outstanding have skyrocketed from $611 billion in 2008 to around $1.5 trillion today. Auto loans, at nearly $1.25 trillion, have exceeded the 2008 total, while credit card balances are just as high now as before the Great Recession. Meanwhile, global debt — a result of central bankers flooding economies with cheap money to lift them out of a funk — is now $247 trillion, up from $177 trillion in 2008. That is close to 2½ times the size of the global economy. |
It's the Fed raising interest rates, not the office of the President.
This shake up was coming one way or another regardless of Trump, and it will get worse before it gets better. |
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Who do you blame for that? |
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look the chart and also look what happend AFTER the turkish centralbank was rising interest (much too late) 6,25 % up to now 24% if they would not do turkey would have already a superinflation |
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Oh bullshit. Anyone that uses their brain for anything other than parroting Trump tweets knows that interest rates are still lower than they've been since the '60's. Guess what? The market faired well when rates were 3x what they are now. It's because Trump is creating way to much uncertainty in the world, both domestically and internationally. |
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