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Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › Dow tumbles 700, no, 800 points after bond market flashes a recession warning
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Hot Topic (More than 10 Replies) Dow tumbles 700, no, 800 points after bond market flashes a recession warning (Read 197 times)
Ulysses
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Re: Dow tumbles 700 points after bond market flashes a recession warning
Reply #10 - Aug 14th, 2019 at 6:12pm
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patrick2 wrote on Aug 14th, 2019 at 6:09pm:
Watch how soon the same herd of panicked cows runs back into the barn.   Grin


So, how many stocks did you buy today, Patrick?

  

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atreyu
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Re: Dow tumbles 700 points after bond market flashes a recession warning
Reply #11 - Aug 14th, 2019 at 6:12pm
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Gnome De Plume wrote on Aug 14th, 2019 at 5:53pm:
Watch the leftists joy at a possible recession.


Joy?  No, we knew it was coming as soon as a Republican got elected.
  
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Ulysses
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Re: Dow tumbles 700 points after bond market flashes a recession warning
Reply #12 - Aug 14th, 2019 at 6:20pm
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atreyu wrote on Aug 14th, 2019 at 6:12pm:
Joy?  No, we knew it was coming as soon as a Republican got elected.


It's another in a long line of right wing false narratives. When the failure of a conservative (or, at least, a non-liberal) administration is pointed out, the opposition immediately gets accused of celebrating the failure.

It's sort of like when an intruder kills the man in the family, and the wife starts screaming in horror and dismay, the intruder accuses the wife of celebrating the murder.

Cons are evil that way.

  

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Mojo-Jojo
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Re: Dow tumbles 700 points after bond market flashes a recession warning
Reply #13 - Aug 14th, 2019 at 7:01pm
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atreyu wrote on Aug 14th, 2019 at 6:12pm:
Joy?  No, we knew it was coming as soon as a Republican got elected.


Nah.

A POTUS who is of the 1% was welcome by Wall Street. He didn't disappoint either. Stocks surged on his election and the knowledge that a pro-business chief executive would do what he could to help them, and he delivered.

It's pleasing to the quarterly profits crowd.

Those of us not in the 1% benefited financially, assuming we had anything in the markets (401(k) in particular) but we'll be the ones paying it back when the market does indeed correct.

The 1%? They'll be just fine.

The fear of a tax and spend, regulation creating Democratic POTUS? That takes the wind out of their $ails. Which is fine by me.


  

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Ulysses
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Re: Dow tumbles 700 points after bond market flashes a recession warning
Reply #14 - Aug 14th, 2019 at 9:09pm
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Mojo-Jojo wrote on Aug 14th, 2019 at 7:01pm:
Nah.

A POTUS who is of the 1% was welcome by Wall Street. He didn't disappoint either. Stocks surged on his election and the knowledge that a pro-business chief executive would do what he could to help them, and he delivered.

It's pleasing to the quarterly profits crowd.

Those of us not in the 1% benefited financially, assuming we had anything in the markets (401(k) in particular) but we'll be the ones paying it back when the market does indeed correct.

The 1%? They'll be just fine.

The fear of a tax and spend, regulation creating Democratic POTUS? That takes the wind out of their $ails. Which is fine by me.


And yet, during the same time in Obama's first term, stocks did better than they have under Donny.

And the market is correcting NOW. Probably an average of a 3% drop in equities, in just 24 hours, slamming IRA and 401k defined contribution retirement accounts. Will the free fall continue tomorrow? I hope not, but I figure it probably will. Investors are freaked.



  

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wyattstorch2004
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Re: Dow tumbles 700, no, 800 points after bond market flashes a recession warning
Reply #15 - Aug 14th, 2019 at 10:07pm
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Ulysses wrote on Aug 14th, 2019 at 2:23pm:
It is exactly as I said yesterday... recession looming... Mostly Donny's fault now... trade wars triggering global recession...

Dow tumbles 700 points after bond market flashes a recession warning

Dow down 800 pts by end of day.


Tired of all the winning yet?


"Mostly Donny's fault"?  There is way too much blame to go around for it to be mostly anyone's fault.  He wasn't even in the picture when most of the current bubble was being blown up.  When Bernanke slammed the fed funds rates to the floor.  When he and Yellen kept them there.  Congress and every president spending recklessly and playing around with markets.

Quote:
Meanwhile, LNF Tumpologists are frantically trying to blame it all on the Fed. LOL. Seems to me the Fed lowered rates just a week or two ago. Huh? Rates are already very low. The Fed wants to leave some cushion for the recession to come.

Oh, wait, it's here!


No it isn't.  That would be when there are 2 consecutive quarters of negative GDP growth.

Quote:
And not because of the Fed. It's in spite of the Fed. It's largely due to several factors:

1) Natural business cycle


The fed exacerbates the business cycle.

Quote:
2) Donny's disastrous trade wars


Confusing the action that pricked the bubble with the bubble itself is the same mistake many made last time.

Quote:
3) You can't fool all the people all the time


...no matter how hard the fed tries.

Mojo-Jojo wrote on Aug 14th, 2019 at 7:01pm:
Nah.

A POTUS who is of the 1% was welcome by Wall Street. He didn't disappoint either. Stocks surged on his election and the knowledge that a pro-business chief executive would do what he could to help them, and he delivered.

It's pleasing to the quarterly profits crowd.

Those of us not in the 1% benefited financially, assuming we had anything in the markets (401(k) in particular) but we'll be the ones paying it back when the market does indeed correct.

The 1%? They'll be just fine.

The fear of a tax and spend, regulation creating Democratic POTUS? That takes the wind out of their $ails. Which is fine by me.




What are they doing that they some have way more skin in the game to crush everyone else on the way up, but on the way down, somehow aren't hurt and all the rest of us suckers are still in?
  
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Archie
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Re: Dow tumbles 700, no, 800 points after bond market flashes a recession warning
Reply #16 - Aug 14th, 2019 at 10:28pm
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Ulysses wrote on Aug 14th, 2019 at 2:23pm:
It is exactly as I said yesterday... recession looming... Mostly Donny's fault now... trade wars triggering global recession...

Dow tumbles 700 points after bond market flashes a recession warning

Dow down 800 pts by end of day.


Tired of all the winning yet?




Ha ha ha. Goes to show how much you know about economics and the stock market. Who just raised the interest rates that they are in charge of? Well? Stock will go back up. Everything will cost more.
When are you going to stop trying and lying to make Trump look guilty of everything you can dream up? All it does is show what the (D) and its left wing followers really are. A bunch of )((*& holes.
Smiley
  

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TowardLiberty
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Re: Dow tumbles 700, no, 800 points after bond market flashes a recession warning
Reply #17 - Aug 14th, 2019 at 11:53pm
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Archie wrote on Aug 14th, 2019 at 10:28pm:
Goes to show how much you know about economics and the stock market. Who just raised the interest rates that they are in charge of?

Are you talking about the Fed?
  

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Ulysses
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Re: Dow tumbles 700, no, 800 points after bond market flashes a recession warning
Reply #18 - Aug 14th, 2019 at 11:55pm
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Archie wrote on Aug 14th, 2019 at 10:28pm:
Ha ha ha. Goes to show how much you know about economics and the stock market. Who just raised the interest rates that they are in charge of? Well? Stock will go back up. Everything will cost more.
When are you going to stop trying and lying to make Trump look guilty of everything you can dream up? All it does is show what the (D) and its left wing followers really are. A bunch of )((*& holes.
Smiley


The Fed just lowered interest rates, you moron.

  

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crepe05
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Re: Dow tumbles 700, no, 800 points after bond market flashes a recession warning
Reply #19 - Aug 15th, 2019 at 6:14am
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Ulysses wrote on Aug 14th, 2019 at 2:23pm:
It is exactly as I said yesterday... recession looming... Mostly Donny's fault now... trade wars triggering global recession...

Dow tumbles 700 points after bond market flashes a recession warning

Dow down 800 pts by end of day.


Tired of all the winning yet?


As far as the stock market goes, it's a long playing game.  What goes up must come down.
  
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