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11-19-2019, 07:10 AM
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#1
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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the latest bad news for the DPST's
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11-19-2019, 07:40 AM
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#2
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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 oeb11
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And how is the GDP doing? And the deficit? And U.S.
manufacturing?
"U.S. manufacturing dives to 10-year low as trade tensions weigh"
https://www.reuters.com/article/us-u...-idUSKBN1WG47G
The negative impact of Trump's tariffs are hurting everyone in this country. Yes, if one chooses to focus solely on the stock markets, the country is in terrific economic shape. Explain that to the 46% of the people in this country who do not have money in the stock markets and don't give a damn about it.
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11-19-2019, 07:50 AM
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#3
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Valued Poster
Join Date: Jul 24, 2014
Location: Pittsburgh
Posts: 3,267
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Quote:
Originally Posted by SpeedRacerXXX
Explain that to the 46% of the people in this country who do not have money in the stock markets and don't give a damn about it.
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Again we have discussed that the 46% number is very deceptive as a growing market indeed impacts and usually helps everyone, not just those directly invested in it.
All one has to do is look at the record low unemployment numbers in many of the demographics that aren't actively invested in the market to see that.
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11-19-2019, 08:05 AM
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#4
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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 eccielover
Again we have discussed that the 46% number is very deceptive as a growing market indeed impacts and usually helps everyone, not just those directly invested in it.
All one has to do is look at the record low unemployment numbers in many of the demographics that aren't actively invested in the market to see that.
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Please tell me, as someone who has little to no funds in the stock markets that will produce income for me, how the growing market will positively impact me?
Please explain what you believe is a positive correlation between a rise in the stock markets and a lower unemployment rate. The following would disagree with that.
"We have data on the Unemployment Rate going back to 1948.Breaking the data up into quintiles, we observe the following:
A positive correlation between the level of unemployment and the forward stock market returns. In general, the lower the unemployment rate, the lower the forward stock market returns and vice versa. In the current quintile (2.5% to 4.4% unemployment), the average S&P 500 return over the following year is 5.6% versus an average of 12.7% in all periods. The best returns historically have come after periods of high unemployment."
https://pensionpartners.com/the-unem...-stock-market/
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11-19-2019, 08:19 AM
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#5
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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Democrats are desperate for a Recession!
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11-19-2019, 08:20 AM
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#6
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Valued Poster
Join Date: Jul 24, 2014
Location: Pittsburgh
Posts: 3,267
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Quote:
Originally Posted by SpeedRacerXXX
Please explain what you believe is a positive correlation between a rise in the stock markets and a lower unemployment rate. The following would disagree with that.
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Draw your own conclusions over the last 10 years.
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11-19-2019, 08:40 AM
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#7
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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 eccielover
Draw your own conclusions over the last 10 years.
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So you presented data and I presented data. Conflicting data.
But you did not answer my question as to how a rising stock market is beneficial to someone like me.
But my point in my original response to OEB is that it is easy to focus on a single aspect of the economy and conclude that everything is fine. The GDP is not hitting the target predicted by Trump and Republicans. And is falling. Tariffs are hurting everyone. Manufacturing is down. Economic indicators, for the most part, are down.
“The US LEI declined in September because of weaknesses in the manufacturing sector and the interest rate spread which were only partially offset by rising stock prices and a positive contribution from the Leading Credit Index,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “The LEI reflects uncertainty in the outlook and falling business expectations, brought on by the downturn in the industrial sector and trade disputes. Looking ahead, the LEI is consistent with an economy that is still growing, albeit more slowly, through the end of the year and into 2020.”
https://www.advisorperspectives.com/...n-in-september
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11-19-2019, 08:49 AM
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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 oeb11
Democrats are desperate for a Recession!
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The probability of a true recession in the next year or two are slim. But the fact is that the affects of the tax reform are wearing off and the economy is not growing like it did in 2018 and is not expected to in the next year or two. Tariffs are partly to blame.
As I've said several times before, almost every Trump supporter on this forum predicted Republicans would hold the House in 2018 and the reason everyone stated -- THE ECONOMY. Did not happen which means to me that there are other factors in play other than the economy that are on the minds of voters when they cast their ballots. Health care. Immigration. Foreign relations. Gun control. Income distribution.
https://news.gallup.com/poll/244367/...migration.aspx
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11-19-2019, 09:18 AM
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#9
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Account Disabled
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Well, the simple answer would be if you worked for a company that has stock and it's doing good - you have more job security hence - income. It use to be just getting a job was good - now it's getting a job with benifits (401k plans,ect) is whats happening. More employee benifits and such. Which translates into folks being able to save money and if they choose - they can invest it. The Great Depression comes to my mind. After that crash - folks were out of work and couldn't feed their families. Hopefully, that won't happen again.
Voters may have other things on their minds but I guarentee you it will come down to the economy. Yes, there will be some folks who hate Trump so much they will not vote for him. However, faced with an Elizbeth Warren - they might turn into a secret Trump voter.
Quote:
Originally Posted by SpeedRacerXXX
Please tell me, as someone who has little to no funds in the stock markets that will produce income for me, how the growing market will positively impact me?
Please explain what you believe is a positive correlation between a rise in the stock markets and a lower unemployment rate. The following would disagree with that.
"We have data on the Unemployment Rate going back to 1948.Breaking the data up into quintiles, we observe the following:
A positive correlation between the level of unemployment and the forward stock market returns. In general, the lower the unemployment rate, the lower the forward stock market returns and vice versa. In the current quintile (2.5% to 4.4% unemployment), the average S&P 500 return over the following year is 5.6% versus an average of 12.7% in all periods. The best returns historically have come after periods of high unemployment."
https://pensionpartners.com/the-unem...-stock-market/
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11-19-2019, 09:44 AM
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#10
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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on the minds of voters when they cast their ballots. Health care. Immigration. Foreign relations. Gun control. Income distribution.
Republican politicians are remiss in not proposing a reasonable alernative to ACA - which is costly, unweildy, over-regulated - all DPST things to love. Agreed.
On other matters - the socialist loons running have nothing but destroying America to offer. Income redistribution might fly in the slums of NY and kalifornia - but not with middle America.
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11-19-2019, 09:46 AM
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#11
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AKA President Trump
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 37,240
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Quote:
Originally Posted by SpeedRacerXXX
The probability of a true recession in the next year or two are slim. But the fact is that the affects of the tax reform are wearing off and the economy is not growing like it did in 2018 and is not expected to in the next year or two. Tariffs are partly to blame.
As I've said several times before, almost every Trump supporter on this forum predicted Republicans would hold the House in 2018 and the reason everyone stated -- THE ECONOMY. Did not happen which means to me that there are other factors in play other than the economy that are on the minds of voters when they cast their ballots. Health care. Immigration. Foreign relations. Gun control. Income distribution.
https://news.gallup.com/poll/244367/...migration.aspx
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you mean ..
income redistribution. vote loser for Democrats.
illegal immigration. vote loser for Democrats.
Gun confiscation. vote loser for Democrats.
health care. Democrats want single payer, end private insurance. vote loser for Democrats.
foreign relations. who cares? America First!
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11-19-2019, 10:22 AM
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#12
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BANNED
Join Date: May 5, 2013
Location: Phnom Penh, Cambodia
Posts: 36,100
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Quote:
Originally Posted by oeb11
Democrats are desperate for a Recession!
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they are not. that is Republican fake talking points.
by the way, the DOW and the jobs numbers screamed higher throughout Obama's Presidency. and y'all hated his guts. Trump piggybacks Obama, and he is the Christ-King.
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11-19-2019, 10:25 AM
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#13
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Chasing a Cowgirl
Join Date: Oct 19, 2013
Location: West Kansas
Posts: 31,568
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Religious worship of Obama?
Careful CT, Michelle will get upset.
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11-19-2019, 10:30 AM
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#14
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by SpeedRacerXXX
. Explain that to the 46% of the people in this country who do not have money in the stock markets and don't give a damn about it.
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Explain that to those older Americans who look for fixed market returns and do not like to see the President keep calling for lower rates.
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11-19-2019, 10:32 AM
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#15
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by The_Waco_Kid
you mean ..
income redistribution. vote loser for Democrats.
illegal immigration. vote loser for Democrats.
Gun confiscation. vote loser for Democrats.
health care. Democrats want single payer, end private insurance. vote loser for Democrats.
foreign relations. who cares? America First!
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Do you know who the Democratic opponent is yet?
Clearly not all the candidates support those views...
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