What I want to know is who are the so called “experts” that they are saying told them walls don’t work.
POLITICAL THREAD
- Thread starter kybobcat
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Why so little or no media coverage? Oh, that's right, FLOTUS is not a Democrat.
Worst Christmas in US history, thanks Trump! Worst December since the great depression. Markets down 12% on the year! so much MAGA!
Now Trump says he will take less to end the shutdown but Schumer told him he gets nothing. Sucks when you lose all your leverage.
Now Trump says he will take less to end the shutdown but Schumer told him he gets nothing. Sucks when you lose all your leverage.
https://www.cnn.com/2018/12/23/health/japan-birthrate-record-low-intl/index.html
This is what happens when you push hardline nationalism and anti-immigration. Also when you worship work and money over leisure & family. Japan''s population projected to fall 40% the next 40 years.
This is what happens when you push hardline nationalism and anti-immigration. Also when you worship work and money over leisure & family. Japan''s population projected to fall 40% the next 40 years.
You post the same thing every day. You look at the market, post a talking point, but have zero clue how the stock market works. Do you think the president clicks buttons or something?
But keep on your marxamphetamine
Dems taking control of the House is the root cause of the Market dropping.
when the news broke that he was going to be charged, Spacey posted this video on twitter
TRump being a complete idiot has pushed the rapid bear market. "stocks are down and investors are worried, I know what i'll do to stabilize things, attack the fed, ramp up tariffs. and declare a rapid ME withdraw on twitter that my commanders don't even know about!" The market is about confidence and even Trumps people have zero confidence in him hence they are all bailing and shit talking him. They interviewed the Marine Corps Commander today and asked him what details he has for the draw down, he said so far he has gotten nothing down the chain of command except from Trumps twitter. We now run the country like a 12 year old girl would. Our secretary of defense only job experience is selling over priced planes to bribed politicians.
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This was from back in June but it's the most recent data I can find, says only 41% support a border wall and 57% oppose.
https://news.gallup.com/poll/235775/americans-oppose-border-walls-favor-dealing-daca.aspx
Actually found more recent data, but this from Rasmussen whose polling results always lean very heavily in favor of Trump (just compare all the Trump job approval surveys and you'll see what I mean)...
Only 46% of likely US voters support a border wall
http://www.rasmussenreports.com/pub...all_on_the_rise_again_but_not_at_govt_expense
"Now they'll tell you, if it's just the two of you, 'The guy is nuts, he doesn't have a grasp of the issues, he's making rash decisions, he's not listening to people who know the subject matter,' " she told CNN. "But in public if they go after him ... they know they get a primary [challenger], and they know that's tough."
While McCaskill declined to name any specific senators, she did mention Sen. Lindsey Graham (R-S.C.), saying, “I don’t know what happened with Lindsey.”
While McCaskill declined to name any specific senators, she did mention Sen. Lindsey Graham (R-S.C.), saying, “I don’t know what happened with Lindsey.”
Rasmussen is probably the closest to accurate of the 2. Gallup says Trumps approval rating is at 40%, I promise you that isn’t close to accurate.
So a defeated Senator says people say things in private, but won’t say who? I’ll be damned.
The Dow Jones went up 500 points within two days AFTER the Democrats won control of the House. It actually nearly went back to its two-month high on December 8, which was two days after the election, in early December, but has cratered since then. Dems had already won control of the House during that early December recovery, so what's your excuse for that recovery and later cratering?
The S&P 500 pretty much mirrored the Dow. The decline started October 4, highest day since November was two days after Democrats won control of the House, had an early December recovery well after the Democrats won control of the House.
The NASDAQ has been in freefall since October 4, which was well before the Democrats ever won control of the house. The highest day for the NASDAQ since October 18 was the day after the Democrats won control of the House. So what's your excuse for the NASDAQ free fall?
Election Day is in November. The market is correcting, the Fed has continually raised rates due to the strong economy.
The Fed raised the rate, the unknown of the tax law, the Dems taking the House. The market is reacting to the unknown. It is not reacting to the actual economy.
If the numbers come out and the Christmas season was less than expected or last year, growth is in the negative for the quarter, or hiring numbers are down, then we have a real problem.
The biggest stock market increase that started in December started because of the truce Trump made with China to end the tariff increases for three months.
What has happened since then? Trump renews threats of increasing tariffs with China just days after agreeing to a truce to end the trade war for three months, leading to more skepticism that these nonsense trade wars will come to an end anytime soon. After Trump tweeted threats of increasing tariffs, the market declined by 800 points in a day, the largest it had declined since October 10.
Of course, it's not entirely Trump's fault, It's never one single person's fault when something as massive as the stock market is the point of discussion, though he is absolutely partially to blame for this mess.
Three-year Treasury notes started yielding more than five-year treasury bonds, an inverted debt yield is bad news folks and always raises fears of a weakening economy. Luckily not all treasury notes have seen such an inverted yield, yet. If that trend continues with other notes then we very well could be heading towards a recession.
Fears of a bear market are very real right now, and after today the S&P 500 is teetering on the edge of being in bear market territory.
Also reasons for the decline:
What has happened since then? Trump renews threats of increasing tariffs with China just days after agreeing to a truce to end the trade war for three months, leading to more skepticism that these nonsense trade wars will come to an end anytime soon. After Trump tweeted threats of increasing tariffs, the market declined by 800 points in a day, the largest it had declined since October 10.
Of course, it's not entirely Trump's fault, It's never one single person's fault when something as massive as the stock market is the point of discussion, though he is absolutely partially to blame for this mess.
Three-year Treasury notes started yielding more than five-year treasury bonds, an inverted debt yield is bad news folks and always raises fears of a weakening economy. Luckily not all treasury notes have seen such an inverted yield, yet. If that trend continues with other notes then we very well could be heading towards a recession.
Fears of a bear market are very real right now, and after today the S&P 500 is teetering on the edge of being in bear market territory.
Also reasons for the decline:
- China's economy is slowing down, which is certainly not helped by the trade wars
- Tech giants can't stay out of the news for doing stupid crap (most especially Facebook)
- Bond ratings on corporate debt are falling with gigantic companies like GE are seeing their bond ratings start to creep towards junk status, and the corporate debt in America keeps growing and growing
- Top investors are expecting economic growth to be much slower in 2019, and are spending less, which generally equates to a decline in the market
- Interest rate increase
- Treasury Secretary calling heads of banks today has freaked out people
Correct, Bill. Numbers due out December 27-28.
See my comments in the stock advice thread. Lots of opportunity out there. I'm not worried.
Thanks for sharing. I know very little of modern Japan so was an interesting and informative read. This article goes into more detail for what you posted
https://www.cnn.com/2018/12/06/asia/japan-immigration-bill-foreign-workers/index.html
The tariffs have 2 important reasons, bring China under control, they dangled NK out there hoping to sway The US, thankfully Trump didn’t bite.
The second which can be argued, is to bring manufacturing jobs back to the US.
We get so caught up in Tweets that we don’t step back and see the big picture, the Country is in much better shape for the future than it was when Trump took over.
There is nothing wrong with immigration, it is a good thing. That isn’t the issue here, illegal immigration is.
The left keeps combining these 2 into the same category, they aren’t. Japan is going to have strict control on the numbers allowed in so it doesn’t adversely affect the working class in Japan. The US doesn’t have that luxury, why that isn’t a huge deal to the left is mind blowing.
Manufacturing was rebuilding long before baby hands Trump got in office. If it wasn't for you fools electing the dumbest Bush it would be much stronger atm.
Manufacturing was rebuilding long before baby hands Trump got in office. If it wasn't for you fools electing the dumbest Bush it would be much stronger atm.
Sure it was, I can tell you that in Western KY it absolutely was not.
Do you still not realize why Trump won the rust belt? It’s 2 years later and you guys still don’t get it.
oh no, one area with the lowest education level in the country wasn't rebuilding, what shall we ever do. Move your ass to Louisville or Lexington and get a real job, KY has been growing just fine.
oh no, one area with the lowest education level in the country wasn't rebuilding, what shall we ever do. Move your ass to Louisville or Lexington and get a real job, KY has been growing just fine.
Would you stop trying to be a dick!
USEC closed 1500 jobs, paper mill in Ballard County, 300 jobs, luckily they are coming back since Trump took office, General Tire in Mayfield, 1000 jobs, steel mill in Calvert City, 300 jobs. That’s just in the Jackson Purchase in the 2 years leading up to 2016.
It’s not a partisan issue to want middle class jobs. Like I said, there’s a reason Trump won the rust belt, you should take notice.
What a shallow, highly misinformed, disingenuous statement.Manufacturing was rebuilding long before baby hands Trump got in office. If it wasn't for you fools electing the dumbest Bush it would be much stronger atm.
'90-91 sector pullback coincides with the recession that year. It even began advancing again before the 1992 election.
2001: Remember 9/11? I'll hang up and listen.
2008-09: Yep, Bush43 owns it, as well as many Dem lawmakers cramming sub-prime lending down our collective throats.
You are dismissed.
not much going on politically on christmas eve, thought i would post some good history pics from a solid twitter account.
Trump won the rust belt by promising non-college educated whites he'd bring back jobs that pay a decent wage, we get it fine. Why did all those same rust belt states go blue in 2018? Cause he's not doing it because he can't.
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** Breaking News **
In 2019, Blue-Collar Workers Disappearing And In Hot Demand.
There is a blue-collar labor shortage in the United States, and it is not because of manufacturing returning from China and elsewhere, research analysts believe.
According to the Conference Board, retiring Baby Boomers and lower-income workers leaving the workforce on disability claims (including drug addiction) has largely led to the weak numbers in blue-collar job applicants. Moreover, more high school seniors are going on to four-year liberal arts degrees and getting highly skilled jobs or starting careers in professional services or in public services, like school teachers...
** Highlights at Six **
![[roll]](http://l.yimg.com/j/assets/img/emoticons/classic/roll.r191677.gif "roll [roll]")
And the fed raising rates. Something they refused to do while Obama was still in office.
Sincerely, Merry Christmas to each and everyone of you.
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