#901
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There are some smart people who ‘could’ provide great advice for a sound fiscal policy but there’s one guy, with a tiny ego, who listens to nobody, who says and does things to either rev up his shrinking base(tariffs on Mexico) or make him think he’s a tough guy...but the USA has a spending problem made worse by a revenue problem(poorly designed ‘tax cut’), depending on a ‘booming’ economy which is slowing due to trade wars with just about everybody. Gonna get bumpy...
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Chisholm's Custom Wheels Qui Si Parla Campagnolo |
#902
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NASDAQ officially in "correction" territory!
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#903
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Pretty quiet at 1600 Pa. Ave...
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Chisholm's Custom Wheels Qui Si Parla Campagnolo |
#904
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He's buying up everything on the cheap, will then announce an end to the trade wars, and watch his investments go through the roof? Maybe?
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#905
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Dude, he has no real money. And he's destroyed his brand and his daughter's brand. Nobody will do business with them once he's a private citizen again.
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It's not a new bike, it's another bike. |
#906
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Powell, Eyeing Trade War, Says Fed Will Act to Sustain Expansion
June 4, 2019 |
#907
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While Mr. Powell did not explicitly say that the Fed will cut interest rates, markets are likely to interpret his comments as a signal that the central bank is prepared to do so in order to offset any economic fallout from Mr. Trump’s ongoing trade wars. |
#908
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One warning...
A few folks veering into political rants...
While it can be difficult at times to separate political action and the market response, it can be done without descending into rants about political figures. Please keep it on topic. Thanks, William |
#909
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It is almost as if the Fed is trying to create another bubble...
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#910
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The market is being fueled by trending and collective fund investing (mutuals, SPDRs, etc.) because there is "no-where-else ["safe"]-to-put-money" and not being driven by underlying value ... the actual performance of the companies receiving the capital. P/E ratios are historically high. Some major corporations are sitting pretty with huge stashes of cash to buy back stock or make growth investments in R&D, new markets, etc.. For the majority long-term performance is way overvalued. The world is a changing and to roll along thinking it will always be as it has been (in our lifetime) is very risky. Suggested viewing/listing: https://youtu.be/aI7EtfH9u4s |
#911
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#912
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Yeah, I was thinking about that, but, if you ask me, it's absurd to talk about market swings lately without mentioning politics. You certainly can't seperate it. But, I'm outta here, sorry, just happy to be in a nice mix of equities and bonds that actually took off recently in the midst of all this stupidity at the top. Who knows.
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It's not a new bike, it's another bike. |
#913
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#914
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Oh man, I'll just drop back in for one more. Pr9mise it's the last.
Default to whom? We run the show. We can't default. We just print more money. Like the trillions in 08. No problem. Stop with the deficit scare.
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It's not a new bike, it's another bike. |
#915
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Agreed, but not sure why ‘08 is the reference. The tax cuts and increased federal spending from 17-18 show that the idea of fiscal responsibility is even more dead than one may have thought. The MMT debate is raging and people ask if it will be adopted. It has been. Tax cuts and higher spending financed through a deficit have carried the day. |
Tags |
economy, freemoneyhouse, stonks, vertdoug for fed chair, wealth, yen carry trade |
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