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12-24-2018, 03:49 PM
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#46
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,865
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Quote:
Originally Posted by Secretariat
Trump buys into the stock market raise as he states its because of him, just like he said he'll take the blame for the shutdown due to the wall.
As soon as the s*** hits the fan, he turns and runs blaming others, just like he ran from serving in Vietnam.
Guys a bully, a coward, a narcissist, not to mention much, much worse.
As Greenspan said "run for cover!"
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That's it!
I'm going off the grid! 
__________________
Who does the Racing Form Detective like in this one?
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12-24-2018, 09:05 PM
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#47
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Registered User
Join Date: Oct 2004
Posts: 14,036
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12-24-2018, 09:32 PM
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#48
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by elysiantraveller
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Quote:
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Another source told Bloomberg said that Mnuchin's future at the helm of the Treasury Department depends on whether the market continues to drop.
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If any one person in this country can have any impact on the market, it is Trump, not Mnuchin. Not that any one person is the cause of this. But Trump certainly isn't helping things with moronic stuff like tariffs and shutting down the government. Mnuchin didn't do that.
__________________
A man's got to know his limitations. -- Dirty Harry
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12-24-2018, 09:37 PM
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#49
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Smarty Pants
Join Date: Sep 2001
Location: Every Vote Counts
Posts: 3,160
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Quote:
Originally Posted by elysiantraveller
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Did you forget to say what you're rooting for?
Anything to destroy this President no matter what?
"Oh no, I'm just a disinterested observer."
Sure you are!
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12-24-2018, 09:40 PM
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#50
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by Clocker
If any one person in this country can have any impact on the market, it is Trump, not Mnuchin. Not that any one person is the cause of this. But Trump certainly isn't helping things with moronic stuff like tariffs and shutting down the government. Mnuchin didn't do that.
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Treasury Chair bringing up liquidity in the banking system doesn't help...
Only the best people...
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12-24-2018, 09:42 PM
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#51
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by Buckeye
Anything to destroy this President no matter what?
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He certainly doesn't need any help if that's what you're asking...
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12-24-2018, 09:44 PM
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#52
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Smarty Pants
Join Date: Sep 2001
Location: Every Vote Counts
Posts: 3,160
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Quote:
Originally Posted by Clocker
If any one person in this country can have any impact on the market, it is Trump, not Mnuchin. Not that any one person is the cause of this. But Trump certainly isn't helping things with moronic stuff like tariffs and shutting down the government. Mnuchin didn't do that.
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No, but try Powell and the Federal Reserve and you'll be getting closer.
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12-24-2018, 09:54 PM
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#53
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by Buckeye
No, but try Powell and the Federal Reserve and you'll be getting closer.
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We have very low interest rates and very low levels of unemployment. That is a well-known recipe for inflation. The Fed is supposedly charged with trying to avoid inflation. Higher interest rates are its only tool to do that. Now they are getting grief for using that tool.
__________________
A man's got to know his limitations. -- Dirty Harry
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12-24-2018, 09:58 PM
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#54
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Smarty Pants
Join Date: Sep 2001
Location: Every Vote Counts
Posts: 3,160
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What inflation?
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12-24-2018, 10:30 PM
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#55
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Registered User
Join Date: Mar 2013
Posts: 5,414
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There is certainly no inflation.
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12-25-2018, 04:05 AM
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#56
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Registered User
Join Date: Aug 2017
Posts: 3,641
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Quote:
Originally Posted by Secretariat
As soon as the s*** hits the fan, he turns and runs blaming others
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Worked in companies like this. With a lot of turnover. Eventually that CEO runs out of people to scapegoat. When other high level "valuable" people observe you throwing your people under the bus, and there are firings, nobody with a good head on their shoulders wants to take the job...because they want a future and they want to keep their good reputation.
Maybe everything I was taught is wrong. I thought the guy with the big shoulders who held himself accountable was the model of successful leadership.
Maybe this is some kinda new model. 
Was never a trump fan (or a hillary fan or an obama fan....seems like we don't get much to choose from these days), but I'm becoming increasingly displeasured by how Trump is running things, enough so that I am actually a bit worried......
Last edited by clicknow; 12-25-2018 at 04:08 AM.
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12-25-2018, 07:19 AM
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#57
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self medicated
Join Date: Mar 2012
Location: toga
Posts: 3,088
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Quote:
Originally Posted by Clocker
If any one person in this country can have any impact on the market, it is Trump, not Mnuchin. Not that any one person is the cause of this. But Trump certainly isn't helping things with moronic stuff like tariffs and shutting down the government. Mnuchin didn't do that.
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Exactly, interest rates have been due to move for a while or the outcome will be worse. This was coming Trump or no Trump.
But heres the kicker. He just makes the situation worse. Tariffs, shut downs, temper tantrums. "I know better than everyone else." lol. The markets and Corporate market people despise instability. They want a smooth surface, instability leads to worry...…..worry leads to panic. Then, well, you start seeing this.
If this keeps up, wait til next month. When they closed the Govt. I knew Monday would be a massacre. My girlfriend told me not to talk about it. Cause I told her in March this was coming. I told the clowns on here too......and they laughed at me. 
Interest rates gonna rise...….market gonna correct....Jamoke in office gonna make it worse than it has to be by acting out. Bye Bye ….One Term Charlie. These folks will submarine you.
I hear a bus a coming...….guess who gets thrown under it?
Last edited by burnsy; 12-25-2018 at 07:22 AM.
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12-25-2018, 07:40 AM
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#58
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Registered User
Join Date: Mar 2013
Posts: 5,414
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Kinda funny china just bought 3.2 MMT tons of beans
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12-25-2018, 07:50 AM
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#59
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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Quote:
Originally Posted by chadk66
There is certainly no inflation.
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Wrong...all insurance is/has been going up...and even more importantly FOOD prices and ANYTHING under TAriff from China...
Well soybeans are going down tho...China didn't buy any last month in forever...that is if you consider soybean a food...
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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12-25-2018, 07:54 AM
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#60
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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By the way..all THOSE minimum wage increases passing in some areas...pretty much guarantees future inflation.....
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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