XC.Morrison Posted June 19, 2018 Share Posted June 19, 2018 More over-valued than in 1929, is that true? https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/2B06FB14-73C5-11E8-8AA5-9E24BD525B8A Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted June 19, 2018 Share Posted June 19, 2018 (edited) 21 minutes ago, XC.Morrison said: More over-valued than in 1929, is that true? https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/2B06FB14-73C5-11E8-8AA5-9E24BD525B8A Nobody can predict the markets. A correction will be coming no doubt, but when it happens or by how much is unknown. Gotta love these dime a dozen attention seekers. Edited June 19, 2018 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 19, 2018 Share Posted June 19, 2018 18 minutes ago, XC.Morrison said: More over-valued than in 1929, is that true? https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/2B06FB14-73C5-11E8-8AA5-9E24BD525B8A Many are saying it is. Trump has also created a situation where he’s given up all the economic stimulus bullets for when this thing goes south. And it will. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 Just now, spin_dry said: Many are saying it is. Trump has also created a situation where he’s given up all the economic stimulus bullets for when this thing goes south. And it will. Ummmm.........like what? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted June 19, 2018 Share Posted June 19, 2018 Just now, spin_dry said: Many are saying it is. Trump has also created a situation where he’s given up all the economic stimulus bullets for when this thing goes south. And it will. Many have been saying it for many years, bunch of losers who make a career out of underachieving. You never hear the best money managers saying that. They do not concern themselves with what is out of their control and focus on investing in the best companies and holding. If you are few years from retiring and/or needing that money shortly, you should not be here in the first place. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted June 19, 2018 Share Posted June 19, 2018 2 minutes ago, Highmark said: Ummmm.........like what? Like Making America Great Again. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 19, 2018 Share Posted June 19, 2018 Just now, Highmark said: Ummmm.........like what? We can start with cutting taxes in an already strong economy. That will go down as one of the dumbest ideas ever. History will show this to be true. Trump is a high risk, high reward individual. He’s sucked the entire US economy into this whirlpool. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 (edited) 28 minutes ago, XC.Morrison said: More over-valued than in 1929, is that true? https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/2B06FB14-73C5-11E8-8AA5-9E24BD525B8A Of the main indicators of a major correction only a few apply now. 3 of our largest corrections occurred when significant speculation was occurring. 1929 Manufacturing and Railroad. 1998/9 .Com. 2008 Real Estate. I just don't see that to those levels right now. Edited June 19, 2018 by Highmark Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 (edited) 3 minutes ago, spin_dry said: We can start with cutting taxes in an already strong economy. That will go down as one of the dumbest ideas ever. History will show this to be true. Trump is a high risk, high reward individual. He’s sucked the entire US economy into this whirlpool. So you admit cutting taxes creates economic growth? I love when liberals say cutting taxes hurts or slows economic growth. What are these other "bullets" you speak of? Edited June 19, 2018 by Highmark Quote Link to comment Share on other sites More sharing options...
JEFF Posted June 19, 2018 Share Posted June 19, 2018 6 minutes ago, spin_dry said: Many are saying it is. Trump has also created a situation where he’s given up all the economic stimulus bullets for when this thing goes south. And it will. Seriously?? Raising interest rates how many times? VS. Obama who held them to zero for how long all whilst giving trillions to corporate america. Yeah...Trump has given up his bullets... Smh Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 Just now, JEFF said: Seriously?? Raising interest rates how many times? VS. Obama who held them to zero for how long all whilst giving trillions to corporate america. Yeah...Trump has given up his bullets... Smh The POTUS doesn't have anything to do with interest rates. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 19, 2018 Share Posted June 19, 2018 7 minutes ago, Highmark said: So you admit cutting taxes creates economic growth? I love when liberals say cutting taxes hurts or slows economic growth. What are these other "bullets" you speak of? Congress has handed him massive tax cuts coupled with increased deficit spending. All in an already strong economy. You want more? Quote Link to comment Share on other sites More sharing options...
JEFF Posted June 19, 2018 Share Posted June 19, 2018 1 minute ago, Highmark said: The POTUS doesn't have anything to do with interest rates. You are correct. What I should have said is during obama's term, rates were kept artificially low because it was widely known that the economy was on eggshells and could not withstand any rate increases. As where during trumps first year rates were increased because those in the know realise the economy is strong enough and thriving well enough to deal with rate increases. (which we very much need by the way) Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 19, 2018 Share Posted June 19, 2018 (edited) 12 minutes ago, Highmark said: The POTUS doesn't have anything to do with interest rates. Not directly. This entire stimulus idea isnt going to propel the economy past big inflation. That spells higher interest rates. The signs are already showing that trump’s gamble isn’t going to work. Couple this with the fact that much of America’s economic growth has been due to almost perfect worldwide economic growth. Trump’s tariffs are now risking to quickly dismantle the world’s economy. Trump is a greed driven, egotist that has his hand lever on the throttle with no regard for anyone that tells him how to handle this. How you can’t see this beyond me. Edited June 19, 2018 by spin_dry Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 4 minutes ago, spin_dry said: Congress has handed him massive tax cuts coupled with increased deficit spending. All in an already strong economy. You want more? While I can't emphasize my dislike in the increase in spending enough in reality its not with how much GDP is growing when looking at it as a percentage of that. Sure. Of the two here one is just a repeat. So does he have a double barrel or do you want to go for a revolver? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 Just now, spin_dry said: Not directly. This entire stimulus idea isnt going to propel the economy past big inflation. That spells higher interest rates. The signs are already showing that trump’s gamble isn’t going to work. Couple this with the fact that much of America’s economic growth has been due to almost perfect worldwide economic growth. Trump’s tariffs are now risking to quickly dismantle the world’s economy. Trump is a greed driven, egotist that has his hand lever on the throttle with no regard for anyone that tells him how to handle this. How you can’t see this beyond me. Yes because sitting at extremely low interest rates is wonderful. As for the tariffs dismantling the worlds economy.....that's just fucking laughable. The tariffs account for an extremely small % of the economies involved much less the worlds. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 19, 2018 Share Posted June 19, 2018 17 minutes ago, JEFF said: Seriously?? Raising interest rates how many times? VS. Obama who held them to zero for how long all whilst giving trillions to corporate america. Yeah...Trump has given up his bullets... Smh Are you old enough to ever lived though high inflation? BTW, wage growth remains anemic since the corporate tax cuts. Where’s that money going? And please spare me the minuscule examples of a handful of companies providing wage increases since the corporate tax cuts. Quote Link to comment Share on other sites More sharing options...
JEFF Posted June 19, 2018 Share Posted June 19, 2018 1 minute ago, spin_dry said: Are you old enough to ever lived though high inflation? BTW, wage growth remains anemic since the corporate tax cuts. Where’s that money going? And please spare me the minuscule examples of a handful of companies providing wage increases since the corporate tax cuts. I am. I can remember if I recall correctly a 14% mortgage rate. I can also remember getting around 9% on cd's. I can tell you that my employees don't mind the wage increase or bonus they all got. But you know better... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 19, 2018 Platinum Contributing Member Share Posted June 19, 2018 (edited) https://www.marketwatch.com/story/billionaire-investor-jim-mellon-this-is-the-start-of-a-very-major-correction-2018-06-19 https://finance.yahoo.com/m/ff521f6d-5c36-3d97-99e2-cb7e574d545a/hedge-fund-boss-who-predicted.html?.tsrc=applewf Edited June 19, 2018 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 19, 2018 Share Posted June 19, 2018 Hey Spinner, go tag out with Revy-cuck. It’s his turn in here. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted June 19, 2018 Share Posted June 19, 2018 45 minutes ago, Jimmy Snacks said: https://www.marketwatch.com/story/billionaire-investor-jim-mellon-this-is-the-start-of-a-very-major-correction-2018-06-19 https://finance.yahoo.com/m/ff521f6d-5c36-3d97-99e2-cb7e574d545a/hedge-fund-boss-who-predicted.html?.tsrc=applewf Dot com and housing were much worse than 87. Quote Link to comment Share on other sites More sharing options...
washedupmxer Posted June 19, 2018 Share Posted June 19, 2018 (edited) I've never seen a group of Americans more excited for our economy to take a shit emotional victims most of them are Edited June 19, 2018 by washedupmxer 2 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 19, 2018 Share Posted June 19, 2018 16 minutes ago, washedupmxer said: I've never seen a group of Americans more excited for our economy to take a shit emotional victims most of them are If it does, I'm gonna buy up as many of their properties on the court house steps as I can...then have them tossed out. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted June 19, 2018 Share Posted June 19, 2018 55 minutes ago, Zambroski said: If it does, I'm gonna buy up as many of their properties on the court house steps as I can...then have them tossed out. You fucking dreamer. You can’t afford to buy their dog house. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted June 19, 2018 Share Posted June 19, 2018 24,700.21287.26 (1.15%) Jun. 19, 4:47 p.m. EDT - Disclaimer I bet arctic Trumpster and Driftbitch has another fantastic day in the market. Lol. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.