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11-21-2018, 05:50 AM
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#1
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,756
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Equity markets down for 2018
this has been an awful week so far. the decline is blamed on slowing retail and real estate sales.
i don't understand it because since the recent tax cuts there has been plenty of money coming back into the country and trillions more are expected.. the only thing i can think of is that the unemployment number is so small now and the debt so high that there aren't enough people here to generate revenues from to service the debt.
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11-21-2018, 06:56 AM
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#2
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Registered User
Join Date: Mar 2015
Location: Diez meses en Port St. Lucie, FL; two months in the Dominican Republic
Posts: 4,355
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Economic cycles are real and inevitable.Nothing good or bad lasts forever.I look for giddiness, when people proclaim that the good times are here to stay and will only get better.That's when you grab your coat and hat and head for the exits.
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"But don't ask me what I think of you, I might not give the answer that you want me to. "
Fleetwood Mac, Oh Well, Part 1 (1969)
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11-21-2018, 07:29 AM
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#3
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Veteran
Join Date: Dec 2016
Posts: 248
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its cause trump is taking credit for the run up and cnn is selling everything to make him look bad. 
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11-21-2018, 08:12 AM
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#4
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,850
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Elections have consequences. 
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11-21-2018, 09:50 AM
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#5
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by Tom
Elections have consequences. |
I think you have actually nailed it. Wall St. could well be reacting to a dimwit-controlled congress.
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Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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11-21-2018, 03:43 PM
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#6
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,850
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Investors have Pelosi Fever.
btw, see where UpChuck Schumer is trying to get the heat taken of FaceBook because his daughter works for them and they are big $$$ contributors of his?
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11-21-2018, 04:43 PM
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#7
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by Tom
Investors have Pelosi Fever.
btw, see where UpChuck Schumer is trying to get the heat taken of FaceBook because his daughter works for them and they are big $$$ contributors of his? |
Trump should definitely take care of the FaceBooks of this world and pull a Woodrow Wilson by enacting antitrust laws against against all the giant online monopolies -- FB, Google, Amazon, etc. If he doesn't the Republican Party is doomed for all of these are far left organizations.
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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11-21-2018, 04:57 PM
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#8
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,756
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Trump says he wants the fed to cut the rates. maybe its all Hillary Clinton's fault or maybe Santa Claus isn't going to visit this continent this year.
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11-21-2018, 05:38 PM
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#9
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self medicated
Join Date: Mar 2012
Location: toga
Posts: 3,087
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I should teach eco online.
A. Rates are on the rise. They were artificially low for years. Trump is a dim wit, I'm sure economist have told him they cant stay low forever.
B. The tech industry is going down hill. How much of that crap can you sell? People don't want yet another I Phone. Its probably not a bubble but its an over reach. That market is saturated.
C. There are murmurs of trade fears. These tariffs will hurt the longer they go on. Not just on cost and losses but also psychologically. The Wall St. ilk are anxious for that to be over.
It has nothing to do with the elections. The markets should of rallied...it lasted like a couple of days after. They love split Govt. it lessens changes.
People smell a slow down on the horizon. If fear sets in.....look out.
I have to laugh when people talk about economics that never studied in their life. Clowns on here talking "best of a lifetime" and such. We are spending so much its like the economy is on cocaine...…...short lived, then the hangover will set in. Of course, the Govt plans on pissing away another trillion next year.....so
If people get paid shit for shit jobs...…..they cant afford a 300,000 dollar new house.
Last edited by burnsy; 11-21-2018 at 05:40 PM.
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11-21-2018, 10:10 PM
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#10
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,850
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A veritable fountain of misinformation.
All you got was the spouting off part.
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11-21-2018, 10:29 PM
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#11
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by boxcar
Trump should definitely take care of the FaceBooks of this world and pull a Woodrow Wilson by enacting antitrust laws against against all the giant online monopolies -- FB, Google, Amazon, etc. If he doesn't the Republican Party is doomed for all of these are far left organizations.
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How is a large market share of a market that has no entry restrictions a violation of the law? How does buying books or other stuff from Amazon illegally harm the Republican party? Who gives a rat's patoot about how many yuppies are sending each other inane messages on Facebook?
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A man's got to know his limitations. -- Dirty Harry
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11-21-2018, 10:41 PM
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#12
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,850
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Face Book has been the cause of many deaths world-wide by their totally inept and incompetent management. Frontline recently did a 2-part show on it - eye-opening.
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11-21-2018, 11:09 PM
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#13
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Registered User
Join Date: Aug 2009
Posts: 6,368
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Quote:
Originally Posted by Clocker
How is a large market share of a market that has no entry restrictions a violation of the law? How does buying books or other stuff from Amazon illegally harm the Republican party? Who gives a rat's patoot about how many yuppies are sending each other inane messages on Facebook?
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I don't think it's so much Amazon... But maybe FB and Google with there black style info ops.
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11-21-2018, 11:53 PM
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#14
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Bombardier
Join Date: Sep 2003
Posts: 4,039
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Quote:
Originally Posted by Clocker
How is a large market share of a market that has no entry restrictions a violation of the law? How does buying books or other stuff from Amazon illegally harm the Republican party? Who gives a rat's patoot about how many yuppies are sending each other inane messages on Facebook?
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It seems as though Amazon would be an issue if it harmed consumers. In my personal experience, Amazon is good for consumers. Not so much for the Sears' of the world.
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They don't think it be like it is, but it do. ~O.Gamble
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11-22-2018, 12:32 AM
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#15
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by kingfin66
It seems as though Amazon would be an issue if it harmed consumers. In my personal experience, Amazon is good for consumers. Not so much for the Sears' of the world.
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Or if it illegally harmed Sears and others. But there is no evidence of that. The accusations are that the sky is falling because Amazon is putting Sears out of business, period.
WalMart is responding to Amazon, Sears is not. Life goes on.
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