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FM
Former Member

Stocks hit record highs; Dow breaks above 19,000

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Warren Buffett sees $8 no 11 billion boom on Donald Trump win

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How advisors are preparing clients for Trump's tax plans

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Poll: Trump's popularity soars after election

I tell you this, the next time the Anti-Trump detractors open their 401k and portfolio statements, they will grudgingly admit the man will take America to new heights.

I can already envision Kari and Caribj drooling over the possibility of early retirement and a Winter home back in PNC land!  All thanks to Trump era boom times!

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I've always said that the economy has been made sound under Obama following the 2008 Great Recession. He did not get the spending stimulus for high-speed rail, bridges and tunnels as McConnell and John Boehner were determined to see him last one term. Now they may give Trump the keys which will be good - takes an Independent Democrat like Trump to slap the House Republicans silly.

Obama's economy suffered in the are of the health care precisely because of the Republicans not mitigating the financial implications of the individual mandate.

Obama has been preparing the economy for green energy and newer technologies t replace lost manufacturing and industrial jobs - a process that takes a long time- and Trump will begin to reap some benefits.

The Stock Market soared under Obama and during the last week's rise Obama was till the President of the USA, not Trump. Watch the market after the first 200 days and then talk about a Trump effect.

I've always lauded the US economy for the startup infrastructure, its markets and financial infrastructure. No gloom and doom here, except that I am not too pleased that some bankers did not see jailtime. What I see foreboding is if Trump become nativist and becomes anti-free trade; except now after talking to Obama and President Abe of Japan and seeing how the Chinese free trade agreement in Asia as well as its Development Bank is gaining momentum, he is more receptive to abandoning his campaign fooling-the-angry whites with no jobs and seeing their children's prospects less than their generation, or as it's called, rhetoric.

I'm not sure where anyone got the gloom and doom thing from me. Lucipher could be the President of the USA and he cannot destroy the indomitable innovative spirit of this great country. You have to remember it's a country of laws and institutions and no one idiot can mess it up. Trump is already being tugged by reality. See him on Iran, ISIS, trade, jobs, the wall. I said he's an Independent Democrat housed in the host GOP party - those fools who feel they never win a Presidency so they'll accept anyone from outside (and liberal New York socialite Trumnp obliged). You already see Melania saying Brandon will not go to school in DC and hence they will spend a lot of time in NYC. Kansas you say?

Kari
ba$eman posted:

 

I tell you this, the next time the Anti-Trump detractors open their 401k and portfolio statements, they will grudgingly admit the man will take America to new heights.

I can already envision Kari and Caribj drooling over the possibility of early retirement and a Winter home back in PNC land!  All thanks to Trump era boom times!

Baseman, what was the DOW in January 2009? What direction was it headed?

So why don't you congratulate Obama, because clearly the recent S&P 500 bump from its previous record, which it hit several months before Trump won pales with what we see now.

Why not also examine the cause?  Apparently the same reckless traders who crashed the economy in 2008 and got BAILED OUT want a chance to do so again was Trump will remove the current regulations, which actually safeguard the financial stability of that sector.

FM

S&P 500, which is a better gauge of market performance than are the THIRTY stocks in the DOW, hit a previous record of 2190.  It now hit 2205.

OOOOOH my 401(k) is booming with that huge surge in the market.  A whole 0.6% boom!

Now what will the market do when public anti Wall Street sentiment prevents Trump from completely dismantling the Dodd Frank regulations.  This once the public understands that billionaires, who were bailed out, and not punished, will once again force taxpayer funds to be used to prevent implosion of the financial sector?

And what happens when the GOP block the major infrastructure spending that Trump is promising?

And what happens when trade sanctions by Trump, lead to retaliatory actions by Canada, Mexico and China, three countries that Trump promised  to punish, hurts the export sector?  This because madman Giuliani runs around threatening, instead of negotiating?

Market correction!

 

FM
caribny posted:
ba$eman posted:

 

I tell you this, the next time the Anti-Trump detractors open their 401k and portfolio statements, they will grudgingly admit the man will take America to new heights.

I can already envision Kari and Caribj drooling over the possibility of early retirement and a Winter home back in PNC land!  All thanks to Trump era boom times!

Baseman, what was the DOW in January 2009? What direction was it headed?

So why don't you congratulate Obama, because clearly the recent S&P 500 bump from its previous record, which it hit several months before Trump won pales with what we see now.

Why not also examine the cause?  Apparently the same reckless traders who crashed the economy in 2008 and got BAILED OUT want a chance to do so again was Trump will remove the current regulations, which actually safeguard the financial stability of that sector.

I always complimented him for implementing the measures started under Bush!  I actually think Obama is a good person and meant good.  He was just out of his league a bit and caused more problems.

It was not the reckless traders, they saw the waterfall coming and positioned themselves to benefit.  It was the over-extended housing market which caused a lot of risk-taking and highly leveraged financing schemes.  This runaway began way before Bush and the Feds took no concrete actions to rein it in.

We do have too much regulation holding back investment.  Trump will not push for deregulation where risk-taking is encouraged.  He will push for regulation encouraging substantive investments in the bricks and mortar of the economy!

FM
Chief posted:

Kari was being factual based on Trump temperament prior to the elections.

What we are witnessing is another Trump.

WHAT is dangerous is the different Trumps.

Trump will be the best president yet.  I said during the campaign he was being lambasted for not coming out more pro-Israel.  Trump was already thinking ME peace.  Now the rumblings of his son-in-law kicking off an Israeli-Palestinian peace initiative.

Trump comes across being unpredictable but in his head he knows the end game he has in mind.  What we are seeing is a shrewd businessman applying the skills of his trade to politics!  We have not seen this in a generation.  This is politics in a business model!

I tell you this guys, the Trump effect will be around for a long long long time.  He will change even the personality-types running for office.  Those term-limits will see to it!

Hail TRUMP!

FM

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