Crash or Correction or Something Else?

[HankD]

DJI

December 3, 2018 25,826.43

December 25, 2018 21,792.20

https://thenypost.files.wordpress.com/2018/12/front-cover-6.jpg

Impending Crash or Expected Correction?

Or perhaps anticipation of Trump impeachment?

 

[Deacon]

Simple, a Dem majority in Congress and wimpy Reps in the Senate = a weak Presidency and an uncertain economic future

Rob

 

[kyredneck]

An overt sabotage of the Trump economy by the Deep State via the Fed.

 

[FollowTheWay]

An overt sabotage of the Trump economy by the Deep State via the Fed.

Trump's tariffs are at least partially responsible for the current situation. It is largely believed that the Smoot-Halley bill which imposed widespread tariffs in 1920 was one of the causes of the crash and the Great depression.

 

[FollowTheWay]

DJI

December 3, 2018 25,826.43

December 25, 2018 21,792.20

https://thenypost.files.wordpress.com/2018/12/front-cover-6.jpg

Impending Crash or Expected Correction?

Or perhaps anticipation of Trump impeachment?

DJI

December 3, 2018 25,826.43

December 25, 2018 21,792.20

https://thenypost.files.wordpress.com/2018/12/front-cover-6.jpg

Impending Crash or Expected Correction?

Or perhaps anticipation of Trump impeachment?

We've at least entered a bear market. Janet Yellen, former head of the Fed, thinks we're headed towards a period worse than the Great Recession and even the Great Depression.

 

[HankD]

Simple, a Dem majority in Congress and wimpy Reps in the Senate = a weak Presidency and an uncertain economic future

Rob

Probably so.

Had the RNC been able to keep the majority in both houses - no problem. But as you say - "wimpy Reps" afraid of their own shadow did nothing and will do nothing.

Trump campaign mode before the midterms however assured the senate majority which has totally infuriated the progressives.

But as the RNC wanted to destroy President Clinton back in the day regardless of the harm to the nation as a whole now they are under the same fiat.

What goes around comes around.

There will be no truce. A pound of flesh must be had.

January the 3rd, I expect the marxist vampires and werewolves to camp outside the WH looking for flesh and blood 24/7 (metaphorically of course).

 

[FollowTheWay]

Probably so.

Had the RNC been able to keep the majority in both houses - no problem. But as you say - "wimpy Reps" afraid of their own shadow did nothing and will do nothing.

Trump campaign mode before the midterms however assured the senate majority which has totally infuriated the progressives.

But as the RNC wanted to destroy President Clinton back in the day regardless of the harm to the nation as a whole now they are under the same fiat.

What goes around comes around.

There will be no truce. A pound of flesh must be had.

January the 3rd, I expect the marxist vampires and werewolves to camp outside the WH looking for flesh and blood 24/7 (metaphorically of course).

Did you actually believe a bull market can go on forever? A lot of the problem is due to the Fed keeping interest rates artificially low for a long period of time.

 

[HankD]

Did you actually believe a bull market can go on forever?

LOL It has so far!
The DJIA Started May 26,1896 valued at $40.94
On January 26, 2018: The index hit its current high of $26,616.71.

So yes, the overall 122 year trend has been BULL

Dow Jones Industrial Average - DJIA

 

[FollowTheWay]

LOL It has so far!
The DJIA Started May 26,1896 valued at $40.94
On January 26, 2018: The index hit its current high of $26,616.71.

So yes, the overall 122 year trend has been BULL

Dow Jones Industrial Average - DJIA

Of what value is the 122 year trend to you unless you're planning to be the next Methuselah? Since Oct 1 the Dow is down 5,000 points. My guess would be that we see a rebound today and then a return to the selling in earnest. (Emphasis on guess.)

 

[FollowTheWay]

LOL It has so far!
The DJIA Started May 26,1896 valued at $40.94
On January 26, 2018: The index hit its current high of $26,616.71.

So yes, the overall 122 year trend has been BULL

Dow Jones Industrial Average - DJIA

I suggest selling all your stocks right now. Once again just my analysis.

LOL It has so far!
The DJIA Started May 26,1896 valued at $40.94
On January 26, 2018: The index hit its current high of $26,616.71.

So yes, the overall 122 year trend has been BULL

Dow Jones Industrial Average - DJIA

I suggest selling all your stock right now. Just my analysis.

 

[kyredneck]

An overt sabotage of the Trump economy by the Deep State via the Fed.

Trump's tariffs are at least partially responsible for the current situation. It is largely believed that the Smoot-Halley bill which imposed widespread tariffs in 1920 was one of the causes of the crash and the Great depression.

Federal Reserve Is Sabotaging the Trump Economy

It's overt, out in the open, and the general consensus.

 

[church mouse guy]

Probably so.

Had the RNC been able to keep the majority in both houses - no problem. But as you say - "wimpy Reps" afraid of their own shadow did nothing and will do nothing.

Trump campaign mode before the midterms however assured the senate majority which has totally infuriated the progressives.

But as the RNC wanted to destroy President Clinton back in the day regardless of the harm to the nation as a whole now they are under the same fiat.

What goes around comes around.

There will be no truce. A pound of flesh must be had.

January the 3rd, I expect the marxist vampires and werewolves to camp outside the WH looking for flesh and blood 24/7 (metaphorically of course).

The rule about the pound of flesh is that it cannot take a drop of blood, although the Democrats are out for blood.

Was reading this morning about the plight of General Flynn, who did nothing wrong except serve his country well all of his life. It turns out that Obama told Trump not to hire Flynn. So it seems that now we know why General Flynn became a victim of the cowardly Mueller.

I agree with you that the political brutality of the Democrats over their loss is the reason for the slowdown. And when you see an US Army General treated like a common criminal for no reason other than Democrat hatred and socialism, that does not inspire you to spend money on anything other than necessities. I would say that things are so-so here in the rust belt. It is better than the lost years of the Obama administration but the injustice of the Democrats and their willingness to use violence even to the point of confronting people in restaurants reminds people to much of Germany, Italy, and Russia in the last century.

 

[InTheLight]

Federal Reserve Is Sabotaging the Trump Economy

It's overt, out in the open, and the general consensus.

You mean it's the general consensus of anti-Fed right wing blogs and news sites.

The Fed might be sabotaging short term gains on the stock market via interest rate hikes, but the economy is not being directly affected. Unemployment is at record lows, consumer confidence is at very high levels, Christmas sales were the highest in 6 years, wages are increasing, job openings everywhere.

Also, how do you explain today's stock market gains? Dow was up almost 1,100 points, or 5%: NASDAQ up 5.8%

Trump said there were a lot of bargains in the stock market and it would be a good time to buy and apparently millions of people listened and acted on his advice.

 

[HankD]

Also, how do you explain today's stock market gains? Dow up 5%: NASDAQ up 5.8%

OK so whatever it was/is/will be is being contrived into a simple (though large) down ward correction.

Many no doubt headed for the precious metal hills (not so bad a thing either).

 

[carpro]

Something else.

 

[kyredneck]

You mean it's the general consensus of anti-Fed right wing blogs and news sites.

Actually it was my own thoughts way back when I realized the insane animosity toward Trump. How would 'they' combat Trump within his own element of the business world? Rate hikes.

The Fed might be sabotaging short term gains on the stock market via interest rate hikes, but the economy is not being directly affected.

...and if they keep on with the unjustified rate hikes? They've already forecast at least two more possibly three for 2019.

Also, how do you explain today's stock market gains? Dow was up almost 1,100 points, or 5%: NASDAQ up 5.8%

Ho ho ho!

"Santa Is Back": Dow Jones Posts Biggest Single-Day Point Gain In Its History

Trump said there were a lot of bargains in the stock market and it would be a good time to buy and apparently millions of people listened and acted on his advice.

Lol, any other president that you know of ever given that sort of 'public statement' before? i luvit

 

[kyredneck]

Never Trumpers Fantasize About Tanking U.S. Economy so GOP Backs Impeachment of Donald Trump

 

[InTheLight]

Never Trumpers Fantasize About Tanking U.S. Economy so GOP Backs Impeachment of Donald Trump

These people are delusional.

What high crime and misdemeanor or treason has Trump committed that would warrant impeachment if the market tanks?

 

[carpro]

DOW up another 260 today.