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Thread: Black Monday

  1. #4891
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by BlackPeter View Post
    He might have realised that - no matter what the outcome of the elections - uncertainty will be lower after it (because people will know the outcome). Markets hate uncertainty - and prefer certainty. Prices will go up as soon as the results are announced .

    Apart from that - the more likley outcome of the elections is that Trump will be checked by a democratic house. This will be good for markets - and raining into his counterproductive trade wars.

    actually even if trump loses the house he still retains executive authority over foreign policy hence trade wars so uncertainty is not removed
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  2. #4892
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    Quote Originally Posted by bull.... View Post
    actually even if trump loses the house he still retains executive authority over foreign policy hence trade wars so uncertainty is not removed
    Just watch the house removing the president's powers - wouldn't this be fun? Anyway better given that this Potus is a lying crook.

    President has only authority over foreign politics as long as he does not break laws ... house just needs to write these laws.
    ----
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  3. #4893
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    Quote Originally Posted by BlackPeter View Post
    Just watch the house removing the president's powers - wouldn't this be fun? Anyway better given that this Potus is a lying crook.

    President has only authority over foreign politics as long as he does not break laws ... house just needs to write these laws.
    democrat win means domestic stuff may be reined in , budget ceiling gridlocks , more russia investigations no more tax cuts or regulation business friendly stuff. hardly good stuff for the market. if trump is restrained domestically he might want to focus more on the china ... he likes being in the news
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    Quote Originally Posted by bull.... View Post
    democrat win means domestic stuff may be reined in , budget ceiling gridlocks , more russia investigations no more tax cuts or regulation business friendly stuff. hardly good stuff for the market. if trump is restrained domestically he might want to focus more on the china ... he likes being in the news
    Luckily there is about a 1 in 3 chance that the republicans keep the house. Not out of the question.

  5. #4895
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    Quote Originally Posted by bull.... View Post
    democrat win means domestic stuff may be reined in , budget ceiling gridlocks , more russia investigations no more tax cuts or regulation business friendly stuff. hardly good stuff for the market. if trump is restrained domestically he might want to focus more on the china ... he likes being in the news
    You mean Democrats would do to Trump what Republicans did to Obama? Oh, no ... But than - a bit of spending discipline for the money waster and debtmaker in chief - what possibly could be wrong about that?

    Anybody noticing the sweat-foul smell of hypocricy if Republicans are crying foul about spending discipline, but than - playing the victim is the only role school yard bullies really good at - isn't it?

    Americans learned by now that the only thing the GoP really wants is to make the ultra rich still richer and get the poor and the middle class to pay with their health and too often even with their lifes.

    Trumps trying to destroy Obamacare is deeply unpopluar and so is Trumps bullying.

    You still support this crook?
    Last edited by BlackPeter; 05-11-2018 at 10:19 AM.
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  6. #4896
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    Quote Originally Posted by BlackPeter View Post
    You mean Democrats would do to Trump what Republicans did to Obama? Oh, no ... But than - a bit of spending discipline for the money waster and debtmaker in chief - what possibly could be wrong about that?

    Anybody noticing the sweat-foul smell of hypocricy if Republicans are crying foul about spending discipline, but than - playing the victim is the only role school yard bullies really good at - isn't it?

    Americans learned by now that the only thing the GoP really wants is to make the ultra rich still richer and get the poor and the middle class to pay with their health and too often even with their lifes.

    Trumps trying to destroy Obamacare is deeply unpopluar and so is Trumps bullying.

    You still support this crook?
    i try to leave out opinions about individuals in my investing it clouds my judgement. im only interested in working out likely impacts on the markets
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    Quote Originally Posted by bull.... View Post
    i try to leave out opinions about individuals in my investing it clouds my judgement. im only interested in working out likely impacts on the markets
    Yes exactly, whether you like Trump or not he is the elected President and you just have to suck it up.PS-Im glad Clinton is not in power.

  8. #4898
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    Quote Originally Posted by bull.... View Post
    i try to leave out opinions about individuals in my investing it clouds my judgement. im only interested in working out likely impacts on the markets
    Good - and you even talk about "investments", not just "day trades".

    As an investor you should worry about the sustainablility of your investment, not just about what hype might do to the share price over the next couple of days or weeks / months.

    Blowing up an already absolutely irresponsible budget debt is not sustainable. Trump is runnig the economy above the cliff into the ground.

    Trade barriers are damaging to everybody. Trump is creating more and more of them.

    Inequality is bad for healthy economies. Trump is making the rich people much richer and he sucks whatever the poor people have left out of them.

    Any sensible investor needs to support the Democrates (even the Koch brothers do) - they are the only party which is still able to stop Trump running the world economy into the ground!
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    Quote Originally Posted by BlackPeter View Post

    Inequality is bad for healthy economies. Trump is making the rich people much richer and he sucks whatever the poor people have left out of them.
    Unemployment is at a 18 year lows and wages grew at 2.9%

    https://www.businessinsider.com.au/u...18-9?r=US&IR=T

    Sounds like that is pretty good for all people including the poor.

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    Quote Originally Posted by blackcap View Post
    Unemployment is at a 18 year lows and wages grew at 2.9%

    https://www.businessinsider.com.au/u...18-9?r=US&IR=T

    Sounds like that is pretty good for all people including the poor.
    Not really - the statistics is distorted by the high number of part time minimum wage jobs. Not enough money to live, but too much to die.

    Never before in the US history had that many old people to file for bankruptcy:

    https://www.businessinsider.com.au/o...irement-2018-8

    Main reasons: bad health and Trump scrapped their previous insurance entitlements. This is typically the last stop for them before they die due to a curable desease where they can't afford to pay for the doctor. Obviously - as well a strategy to reduce the number of unemployed and poor people.

    Make poor Americans die earlier again ...
    ----
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