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02-02-2018, 02:38 PM
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#1
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Valued Poster
Join Date: Oct 5, 2014
Location: Pittsburgh
Posts: 1,229
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DOW drops 500 + as Market Realizes Trump Is In Deep Doo Doo!
I would advise you to move your long term investments into cash accounts because the market is starting to react to the Trump Presidency. The tax scam, Russia, the porn star, the pee tape, Mueller, Melania leaving him, supporting Roy Moore, the stupid wall, the terrible state of the union speech, his constant golf trips, daily lying, Flynn and Manafort, His tax returns, money laundering, obstruction of justice, and the stupid Nunes memo, the realization that Obama isn’t coming back, it all is starting to crash the market.
It’s going to get much worse as trumps guilt becomes more obvious, his crimes keep adding up and Mueller closes in on trump.
Kiss those 401K’s goodbye!
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02-02-2018, 02:55 PM
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#2
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Valued Poster
Join Date: Jan 9, 2014
Location: Near mid cities but never whaco
Posts: 4,826
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Blame Obama....no blame Hillary. It's what the ignorant rednecks are going to do. Twit head is their leader in chief down the shit hole
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02-02-2018, 03:12 PM
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#3
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Market drops another 6k points and our right wing loons will be the one's calling for impeachment!
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02-02-2018, 03:27 PM
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#4
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Valued Poster
Join Date: Jan 6, 2010
Location: Ikoyi Club 1938
Posts: 7,103
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Since the memo had nothing to do with any proof of collusion or obstruction from Trump but instead collusion and obstruction from the Democrats.......it’s probably got more to do with the expected rise in interest rates.
Another swing and miss by Mr Poo Poo
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02-02-2018, 03:37 PM
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#5
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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We already knew TheDaliLama was a dumbass before this memo and we still know that!
And if the market keeps dropping we'll have fewer stock market experts in this forum.
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02-02-2018, 03:50 PM
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#6
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Valued Poster
Join Date: Jan 6, 2010
Location: Ikoyi Club 1938
Posts: 7,103
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Was the wire tapping of Trumps campaign due to the phony dossier or not? Did the FBI disclose the origins to the FISA court or not? Did Comey, McCabe, Yates and Rosestien continue to approve the warrant or not? The whole thing is a farce and you know it.
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02-02-2018, 03:53 PM
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#7
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by TheDaliLama
Was the wire tapping of Trumps campaign due to the phony dossier or not? Did the FBI disclose the origins to the FISA court or not? Did Comey, McCabe, Yates and Rosenstien continue to approve the warrant or not? The whole thing is a farce and you know it.
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+1
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02-02-2018, 03:56 PM
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#8
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,330
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Quote:
Originally Posted by TheDaliLama
Since the memo had nothing to do with any proof of collusion or obstruction from Trump but instead collusion and obstruction from the Democrats.......it’s probably got more to do with the expected rise in interest rates.
Another swing and miss by Mr Poo Poo
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All this sets the stage for the Federal Reserve to continue raising interest rates, with the next hike expected in March. It sets the stage to make credit cards, car loans and mortgages more expensive.
The Dow closed at 25,520.96, and Friday's 666-point drop was the sixth-worst ever. The index is still up more than 3 percent since the year began. But with a loss about 1,000 points since Monday, it was the blue chip index's worst weekly performance in 2 years.
The economy is still doing fine although I think that inflation is on the rise. A year ago gasoline prices were $2.227 a gallon. Today, $2.601. That's a 17% increase in one year. When gasoline prices go up, prices for just about everything else go up. Food prices seem to be going up quickly. If the Federal Reserve raises interest rates, as expected, that will take some of the power out of the economy by making purchases more expensive.
I think Trump's handling of the economy has been his biggest positive since he's been in office. With elections coming up fairly soon, I think it is imperative to Republican chances to retain control of the House that the economy continues to grow.
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02-02-2018, 04:17 PM
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#9
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Valued Poster
Join Date: Jan 28, 2014
Location: Houston, TX
Posts: 743
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Quote:
Originally Posted by StandinStraight
I would advise you to move your long term investments into cash accounts because the market is starting to react to the Trump Presidency. The tax scam, Russia, the porn star, the pee tape, Mueller, Melania leaving him, supporting Roy Moore, the stupid wall, the terrible state of the union speech, his constant golf trips, daily lying, Flynn and Manafort, His tax returns, money laundering, obstruction of justice, and the stupid Nunes memo, the realization that Obama isn’t coming back, it all is starting to crash the market.
It’s going to get much worse as trumps guilt becomes more obvious, his crimes keep adding up and Mueller closes in on trump.
Kiss those 401K’s goodbye!
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Never will I take economic advice from you!!!
Trump...GREATEST PRESIDENT EVER!!!
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02-02-2018, 04:24 PM
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#10
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Valued Poster
Join Date: Aug 9, 2017
Location: USA
Posts: 2,354
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Just for you WhatThaFuckDoIKnow
Quote:
Originally Posted by WTF
We already knew TheDaliLama was a dumbass before this memo and we still know that!
And if the market keeps dropping we'll have fewer stock market experts in this forum.
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Using Kensho, a hedge fund analytics tool, CNBC looked at what happens after the Dow plunges 500 points.
This has occurred 17 times in the last 25 years, not including Friday's decline.
The findings show benchmark market indexes tend to rebound the next day and the next week following such big drops.
Please note past performance does not always equal future returns and if interest rates continue to shoot higher, this sell-off could buck historical trends and keep going.
:Quote:
Originally Posted by TheDaliLama
Since the memo had nothing to do with any proof of collusion or obstruction from Trump but instead collusion and obstruction from the Democrats.......it’s probably got more to do with the expected rise in interest rates.
So it looks like TheDaliLama know's more about what's he is talking about than you do
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02-02-2018, 04:57 PM
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#11
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Another swing and miss by Mr Poo Poo
So it looks like TheDaliLama know more about what he said than you do[/QUOTE]
I neber said the memo had anything to do with the market.
I said that it continued to drop you right wing loons would impeach Trump!
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02-02-2018, 05:04 PM
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#12
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Valued Poster
Join Date: Aug 9, 2017
Location: USA
Posts: 2,354
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Quote:
Originally Posted by WTF
Another swing and miss by Mr Poo Poo
So it looks like TheDaliLama know's more about what he said than I do
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I neber said the memo had anything to do with the market.
I said that it continued to drop you right wing loons would impeach Trump![/QUOTE]
You sure babble a lot
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02-02-2018, 05:19 PM
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#13
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Account Disabled
Join Date: Sep 3, 2011
Location: Here
Posts: 7,567
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Quote:
Originally Posted by StandinStraight
I would advise you to move your long term investments into cash accounts because the market is starting to react to the Trump Presidency. The tax scam, Russia, the porn star, the pee tape, Mueller, Melania leaving him, supporting Roy Moore, the stupid wall, the terrible state of the union speech, his constant golf trips, daily lying, Flynn and Manafort, His tax returns, money laundering, obstruction of justice, and the stupid Nunes memo, the realization that Obama isn’t coming back, it all is starting to crash the market.
It’s going to get much worse as trumps guilt becomes more obvious, his crimes keep adding up and Mueller closes in on trump.
Kiss those 401K’s goodbye!
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You don't have a job anyway so none of that will affect you. It won't affect me and the other American Patriots because the markets aren't crashing. I just picked up an increase in my retirement benefits so go screw yourself asshole. You don't know what the fuck you're talking about.
Jim
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02-02-2018, 05:49 PM
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#14
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Premium Access
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 18,684
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Quote:
Originally Posted by TheDaliLama
....it’s probably got more to do with the expected rise in interest rates.
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Yep... it's entirely due to the spike in interest rates. Not just an "expected" rise, but an actual one. The 10-year Treasury yield climbed from 2.72% at yesterday's opening to 2.84% at today's close - a very large 2-day movement. It started the year at 2.42%.
When the topic is economics or finance, it's obvious Professor Fuckface has less credibility than ekim the inbred chimp giving a lecture on nuclear physics.
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02-02-2018, 06:00 PM
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#15
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Valued Poster
Join Date: Jan 6, 2010
Location: Ikoyi Club 1938
Posts: 7,103
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Quote:
Originally Posted by lustylad
Yep... it's entirely due to the spike in interest rates. Not just an "expected" rise, but an actual one. The 10-year Treasury yield climbed from 2.72% at yesterday's opening to 2.84% at today's close - a very large 2-day movement. It started the year at 2.42%.
When the topic is economics or finance, it's obvious Professor Fuckface has less credibility than ekim the inbred chimp giving a lecture on nuclear physics.
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Plus the market has been on such a terror lately who can blame some folks for cashing in?
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