Thank you President Trump

DEAR_JOHN's Avatar
THANKS!

http://quotes.morningstar.com/indexq...l?t=0P00001FJG

Be sure and click on either YTD or 1 year.

I'm making right at 21-23% on my money this year.

Blue horseshoe loves President Donald J. Trump.
Yssup Rider's Avatar
He’s got nothing to do with it.
flghtr65's Avatar
THANKS!

http://quotes.morningstar.com/indexq...l?t=0P00001FJG

Be sure and click on either YTD or 1 year.

I'm making right at 21-23% on my money this year.

Blue horseshoe loves President Donald J. Trump. Originally Posted by DEAR_JOHN
The Bull market started in 2009. When Bush43 left office the DJIA was 7,000 points. When Obama left office the DJIA was 18,000 points. This a gain of 11,000 points. How much were you making on your money then?

https://www.marketwatch.com/investing/index/djia/charts
dilbert firestorm's Avatar
THANKS!

http://quotes.morningstar.com/indexq...l?t=0P00001FJG

Be sure and click on either YTD or 1 year.

I'm making right at 21-23% on my money this year.

Blue horseshoe loves President Donald J. Trump. Originally Posted by DEAR_JOHN
your link doesn't work. 404!
dilbert firestorm's Avatar
He’s got nothing to do with it. Originally Posted by Yssup Rider

you obviously need the 404 treatment.
LexusLover's Avatar
The Bull market started in 2009. When Bush43 left office the DJIA was 7,000 points. When Obama left office the DJIA was 18,000 points. This a gain of 11,000 points. How much were you making on your money then?

https://www.marketwatch.com/investing/index/djia/charts Originally Posted by flghtr65


http://www.businessinsider.com/closi...7-2016-2016-11

The 2008 election results brought no surge, but actually continued a downturn, and that was not the same with the 2016 election results.

Thanks for reminding EVERYONE that Obaminable "grew" the DOW by 2,000 points in his first year and Trump "grew" the market by 5,000 points in his first year. Will the "Obaminable Team" will sit this one out like the "Bush Team" did?
WTF's Avatar
  • WTF
  • 11-09-2017, 07:53 AM
THANKS!

http://quotes.morningstar.com/indexq...l?t=0P00001FJG

Be sure and click on either YTD or 1 year.

I'm making right at 21-23% on my money this year.

Blue horseshoe loves President Donald J. Trump. Originally Posted by DEAR_JOHN
If only you loved your children's and grandchildren's future as much.

To better help you understand wtf has been happening the last 9 years (and may I suggest you pay special close attention to the last paragraph I have highlighted :

http://www.terryburnham.com/2016/07/...o-end-all.html

Governments have two ways to pay for their expenditures. They can take the money from their citizens through fees and taxes. Or they can have the central bank create new money. (Borrowing the money can be thought of as a third way, or it can be viewed as simply deferring the choice between taxing and printing).

To understand the seductive allure of printing money, consider the U.S. program of drone strikes in Afghanistan. Some of the missiles that the U.S. fire cost $1 million each. So 1,000 drone strikes costs $1 billion.

The government can fund the $1 billion by taxing people. If the government uses taxes to pay for the drone strikes, the people who pay for the missiles know who they are, and they generally are not happy. The political cost to additional taxes is very high.

Instead of raising taxes, the Federal Reserve can print an extra billion. In terms of real resources, $1 billion is taken from other uses, made into missiles and exploded. The billion dollars is gone, and it doesn’t matter whether it was paid for with taxes or printing money.

Economically, it matters not whether the drone strikes are paid for by printing money or raising taxes. Politically, however, the two alternatives are currently perceived to be very different. In fact, when the Fed prints $1 billion to pay for 1,000 drone strikes, who pays?

Printing more money does not alter the size the economy; it simply reduces the value of each dollar. The seductive aspect of having the Fed pay for government expenditures is that, unlike taxes, the cost of printing money is invisible. Almost no one is even aware that they have paid for part of a drone strike.

Trump or World access to easy money?

http://www.businessinsider.com/stock...easing-2017-10

For months, I've been hunting for a lasting explanation for the stock market's seemingly unstoppable rally.
My investigation has led me to consider earnings growth, which some say is the undisputed driver of share gains. Then there's surprisingly strong economic expansion, which some see as underpinning the move higher.
And if President Donald Trump is to be believed, he is responsible for the 8-1/2-year bull market's new highs — something I found to be true only in the months right after the election in November.
After my latest story on the subject earlier this month, things took a crucial turn when Peter Cecchini, the chief market strategist and head of equity derivatives at Cantor Fitzgerald, sent me a message. He told me that while I was on the right track, I needed to get back to basics and recognize the root cause of the drivers outlined above.
"The mother of all causes is global central-bank balance-sheet accommodation and how aggressive they've been," Cecchini said on a follow-up phone call. "I don't think it's possible to deny the power of global rates."
To gain an appreciation for the sheer amount of money central banks have pumped into the global economy, look at the chart below. The red line shows the Federal Reserve's balance sheet, while the blue one shows the aggregate sum of those of the Fed, the European Central Bank, the People's Bank of China, and the Bank of Japan.

The balance sheets of global central banks have swelled over the past decade.Business Insider / Andy Kiersz, data from Bloomberg
And as you can see, the expansion has been an astronomical $13 trillion of capital pumped into markets around the world since the start of 2008. The US alone has seen its balance sheet grow by almost $4 trillion over the period, while the market value of US equities has expanded by $12 trillion since the financial crisis.
The way Cecchini looks at it, everything stems from this unprecedented stimulus, while the other factors I was looking at — namely earnings growth — are symptoms of it.
Near-zero interest rates have made massive stockpiles of money available to companies at a very low cost, and they've used much of it for share repurchases. While these companies have been able to issue cheap debt, they've had a veritable war chest of capital to use to buy back their stock — a tactic that causes immediate share-price appreciation and helps the broader stock market through lean times.
Easy lending conditions have also allowed companies to use heaps of money on other endeavors, like mergers-and-acquisitions activity or internal capital expenditures. Goldman Sachs says the latter practice — which involves investing money back into core businesses — is getting more important and that stock traders are increasingly rewarding corporations for doing it.

Of course. It makes perfect sense that the biggest looming worry for the market is the reversal of what got us here in the first place.
You didn't build that! Originally Posted by Yssup Rider


http://www.businessinsider.com/closi...7-2016-2016-11

The 2008 election results brought no surge, but actually continued a downturn, and that was not the same with the 2016 election results.

Thanks for reminding EVERYONE that Obaminable "grew" the DOW by 2,000 points in his first year and Trump "grew" the market by 5,000 points in his first year. Will the "Obaminable Team" will sit this one out like the "Bush Team" did? Originally Posted by LexusLover
I won't even bring up the 3% GDP growth. Ooops! I did.

If only you loved your children's and grandchildren's future as much.

To better help you understand wtf has been happening the last 9 years (and may I suggest you pay special close attention to the last paragraph I have highlighted :

.....
Of course. It makes perfect sense that the biggest looming worry for the market is the reversal of what got us here in the first place. Originally Posted by WTF
You don't even have children so stop using that analogy.
But thanks for reminding me my defense stocks are "booming."
Or the dangers of "free money."

WDF, or just plain ol' DumbFuck.

WTF's Avatar
  • WTF
  • 11-09-2017, 08:16 AM
I won't even bring up the 3% GDP growth. Ooops! I did.

Originally Posted by gnadfly
You are comparing apples with oranges. We will need much more time to compare. And you still will not acknowledge the debt problem. Or are you a Paul Krugman where you think debt does not matter?

You are comparing apples with oranges. We will need much more time to compare. And you still will not acknowledge the debt problem. Or are you a Paul Krugman where you think debt does not matter?

.. Originally Posted by WTF
Bullshit. I've acknowledged the debt problem many times on this board. Especially when the SS outlays exceeded the intakes more than a decade earlier than expected. You're a dumbfuck with serious reading comprehension issues.
WTF's Avatar
  • WTF
  • 11-09-2017, 08:37 AM
You don't even have children so stop using that analogy.
But thanks for reminding me my defense stocks are "booming."
Or the dangers of "free money."
Originally Posted by gnadfly
So your Defense Stocks are booming because the government is pouring our tax dollars in them.

That is like waging on the death of our soldiers. The more war and dead soldiers , the more money you will make on your Defense Stocks.

I hope you are proud of yourself.

I would never invest in the Defense Industry for that very reason.

Besides it is way that the Government is picking winners and losers. Something you cried about 8 years ago.
WTF's Avatar
  • WTF
  • 11-09-2017, 08:42 AM
Bullshit. I've acknowledged the debt problem many times on this board. Especially when the SS outlays exceeded the intakes more than a decade earlier than expected. You're a dumbfuck with serious reading comprehension issues. Originally Posted by gnadfly
Our new tax cuts are projected to add 1.7 Trillion dollars to the debt....let me guess , you are for them. They will grow the stock market!

Never mind that there is no evidence that companies will hire new workers like Trump says. The evidence is that they will buy back stock so their CEO can get his bonus. A tax cut so the debt can grow but so will the stock market! Wow. You truly care about this country.

A few dead soldiers but your Defense Stocks are up.

Added debt but the market in general is up!
Yssup Rider's Avatar
Thank you Twitler for making Assholes like you bigger assholes like you.