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Thread: Dow down 840 points

  1. #141
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    Quote Originally Posted by libertariat720 View Post
    Aren't we always?
    No.

  2. #142
    Southern Strategy Liberal OldGaffer's Avatar
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    I can handle blaming Obama for taking a flawed healthcare plan and trying to make it work, I can take blaming Obama for a slower recovery than could have been possible, I can take Obama not fulfilling all of his campaign promises for whatever reason. But it is not enough for you hacks to blame Obama for his fuckups, you have to also blame him for Republican fuck ups as well, and then give those Republicans credit for anything positive that has ever been accomplished by a Democrat since the Republic was founded. I get it, Democrats are responsible for all the ills that have ever existed in the US...GMAFB.
    Thanks from labrea

  3. #143
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    Quote Originally Posted by labrea View Post
    My guess is that we're in a period of "irrational exuberance", not performance.
    That's very possible.

    Some so called experts have been saying that we are overdue for a correction, and have been saying that since well BEFORE the election.

    Just a week or two ago, I heard one of them say that we are undervalued, and he predicts at least 10% gains this year and at least 10% next year.

    So there are lots of differing opinions out there.

    No one knows, not you, nor I, nor the so called experts.

  4. #144
    Veteran Member EnigmaO01's Avatar
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    All I can say is if we have a crisis and the orange spinchter and his admin look like they are in way over their heads the stock market will do a major crash. And as high as it is it can fall a long long ways.

  5. #145
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by EnigmaO01 View Post
    All I can say is if we have a crisis and the orange spinchter and his admin look like they are in way over their heads the stock market will do a major crash. And as high as it is it can fall a long long ways.
    There is a operative word in your Post.. IF... If obamanomics had worked we would not have had the WORST recovery in US History, we would not have an explosion in the income inequity gap, we would not have blown 10 trillion in borrowed dollars, we would not have sent 1700 billion dollars of infrastructure funds to Wall Street, we would have seen economic Growth above 3%.

  6. #146
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by TNVolunteer73 View Post
    one difference Oct 1, 2016 the Federal Reserve was no longer pumping 89 Billion into the Markets... that was why there was a decline prior to the election (and this may have effected Hillary's campaign negatively.)

    The regulation being reduced has made up for that influx of newly printed money.
    Quantitative easing ended in November of 2015, knucklehead. And you have to go back to the very beginning of QE to find $89 billion being injected into the markets. It's like you never even heard of the word tapering. Tapering began LONG before the actual end of QE.

    Get your FACTS straight, buddy.
    Thanks from EnigmaO01

  7. #147
    Veteran Member EnigmaO01's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    Quantitative easing ended in November of 2015, knucklehead. And you have to go back to the very beginning of QE to find $89 billion being injected into the markets. It's like you never even heard of the word tapering. Tapering began LONG before the actual end of QE.

    Get your FACTS straight, buddy.
    Facts are lost to TNVolunteer73. Hell we're lucky if we get links.
    Thanks from BigLeRoy

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