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re: Trump blaming FED for economic slowdown is disingenuous
Posted on 10/24/18 at 11:30 am to I B Freeman
Posted on 10/24/18 at 11:30 am to I B Freeman
I would appreciate a more honest expression of the facts from you. Would you tell us what your business is in so we can all be aware that your concern over tariffs is rooted in personal interest?
Posted on 10/24/18 at 11:32 am to PickupAutist
Also, where is the “economic slowdown”?
There is zero indication things are slowing down
Stock market volatility does not mean the economy is slowing
There is zero indication things are slowing down
Stock market volatility does not mean the economy is slowing
Posted on 10/24/18 at 11:33 am to HailHailtoMichigan!
Hilarious that IB Freeman is being disingenuous while discussing whether Trump is disingenuous or not.
Posted on 10/24/18 at 11:33 am to I B Freeman
You are correct no matter what the sheep say on here. The Fed is independent and trump, while knowing how to manipulate the tax codes and screw contractors out of earned wages on his business deals, is by no means savvy in economics. Plus, he is always looking to shift blame from himself. The morons on this board lack the ability to distinguish economic policy from self glamorization at which trump is talented. We need a republican president who does not lie and who at least cares about others as much as he cares for himself. Trump only cares about trump.
Posted on 10/24/18 at 11:36 am to I B Freeman
It is just a matter of fact that interest rates impact the stock market. Even if the actual effects take a while to affect the economy, the markets respond almost immediately to interest rate changes.
Posted on 10/24/18 at 11:36 am to I B Freeman
Why does the fed only raise interest on republicans
Posted on 10/24/18 at 11:37 am to I B Freeman
quote:
he facts are that interest rates have been artificially low for 8 years
And that guy that was president couldn’t get the economy going with those “artificially low rates”. That dude should not be hired to be the fresh air inspector, much less president.
You mentioned a trade war.....you share this is gonna happen?? Everything is a part of negotiations. The tariffs, the threat of a trade war, etc.
Posted on 10/24/18 at 11:38 am to HailHailtoMichigan!
quote:
Tariffs have been baked in since February.
Wrong Trump didn't even mention the 25% additional tariffs on China until this summer.
quote:
Why would tariffs JUST NOW influence the stock market?
Most have yet to be imposed. The impacts are just now being discussed in quarterly reports. The other thing that is clear to most is the idea that they will be short term seems to have disappeared. The Chinese have done nothing to accommodate Trump and have not even hinted that they might. Trump and Xi have not been painted into a corner. The tariffs thus far have not resulted in any slow down of US purchased from China--the trade deficit set a record in September.
They will meet at the G20 and both will want to look like winners. How do you think that can be accomplished? That is the question every investor in companies dependent on China for inputs or purchases should be asking. Boeing, for example, had a great quarter and they think their very large orders from China will still come through BUT if Trump pushes China more you have to wonder as investor if China will cancel those orders.
This post was edited on 10/24/18 at 11:53 am
Posted on 10/24/18 at 11:39 am to DallasTiger11
Well Dallas you just vote for a professional politician and a DC insider and I am 100% positive you will get your "better hires".
Posted on 10/24/18 at 11:40 am to I B Freeman
quote:
The stock market has had a bad October and even though a few companies have reported good earnings this week many have no
Bro, 87% of S&P 500 companies have reported an earnings beat.
I do agree that he is incorrect on blaming the Fed however and they started raising rates a little too late, kinda behind the curve.
However you’re dead wrong on earnings, they are up 22.7% from last year.
Posted on 10/24/18 at 11:41 am to I B Freeman
Dude, whip up a soy latte and relax today. 
Posted on 10/24/18 at 11:46 am to AlceeFortier
quote:
by no means savvy in economics.
Yeah, very successful international business man and he is not savvy in economics...
Where the frick do you people come from with shite like this?
Posted on 10/24/18 at 11:47 am to PickupAutist
Concern for tariffs is a personal interest for every US consumer and you will begin to see that very shortly.
Our imports were removed from the tariff list.
I did in fact testify at the tariff hearings.
You do not need to know my business any more than I need to know yours.
It is not an industry specific problem and simply keeping up with business news should keep you informed on the enormity of the problem.
I could care less what happens in China but I do care about US manufacturers and US consumer that depend on foreign inputs and how our government punishes these people while it rewards their friends the steel manufacturing business.
China in some regards is the world's largest economy---bigger than the US.
Tariffs are a powerful way for Presidents to punish Americans that disagree with them and reward those that support him. Congress should remove a lot of trade authority from the President. The idea that tariffs on almost every US purchaser of steel from any world source is in the national security interest is absurd.
Our imports were removed from the tariff list.
I did in fact testify at the tariff hearings.
You do not need to know my business any more than I need to know yours.
It is not an industry specific problem and simply keeping up with business news should keep you informed on the enormity of the problem.
I could care less what happens in China but I do care about US manufacturers and US consumer that depend on foreign inputs and how our government punishes these people while it rewards their friends the steel manufacturing business.
China in some regards is the world's largest economy---bigger than the US.
Tariffs are a powerful way for Presidents to punish Americans that disagree with them and reward those that support him. Congress should remove a lot of trade authority from the President. The idea that tariffs on almost every US purchaser of steel from any world source is in the national security interest is absurd.
Posted on 10/24/18 at 11:48 am to I B Freeman
Did many read just added 60th downvote
Posted on 10/24/18 at 11:48 am to I B Freeman
Every Republican president presides over a recession, because Republican policies are bullsh*t. They are nothing more than a con job. They've been pulling the "trickle down" con job for decades. It doesn't work, it never will work.
Posted on 10/24/18 at 11:48 am to PickupAutist
quote:
It is just a matter of fact that interest rates impact the stock market
yes it does but that is not the primary cause for the downturns over the last month.
Read.
Posted on 10/24/18 at 11:51 am to el Gaucho
Oh BS el Gaucho.
Notice the level of interest rates then too. In most of the years they were twice the correct 10 year yield. Do I need to mind you what the market did in the eighties and the nineties with interest rates much higher than today?
Notice the level of interest rates then too. In most of the years they were twice the correct 10 year yield. Do I need to mind you what the market did in the eighties and the nineties with interest rates much higher than today?
Posted on 10/24/18 at 11:54 am to Shepherd88
Link to that 87% number. Are you trying to tell me companies are not trimming their earnings estimates and that many are not citing tariffs?
Posted on 10/24/18 at 11:56 am to I B Freeman
quote:
economic slowdown
quote:not synonymous, you fricking tard
The stock market has had a bad October
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