4.1% for 2nd quarter
- Thread starter TarHeelEer
- Start date
Things were looking bright, but my portfolio took a dive once the trade war began.
Trump is failing plenty on his own, I don't have to wish any bad luck on him. I prefer to watch my investments increase not decrease.
I might call ******** on that. Or you should quit road drawing job and be a Wolf of Wallstreet.
The issue I had was that he was artificially retarding the growth potential through regulation.
If you're on the Left, admitting Trump's economic policies are working is like admitting Socialism tried by Obama failed. They'll still try to make one a success and the other a failure... ie: Trump's economic success is like Holy Water on a Vampire. The response will then be "Obama left the economy in such good shape, Trump is benefiting from the sound foundation Obama built for him.
That's all they can really admit to and remain sane.
I'm not a smart man , & I don't have a college degree , but as of right now ....im at 90,000 for the year , just got laid off this morning & was offered 4 different jobs & each one offering more perdium & paying extra hrs on the day ....last time I looked at my stock & annuities (play a little ) my grandkids will get a college education from me ....bottom line ..its the economy stupid & it's rolling
So the question would be, is Trump knowingly or unknowingly pursuing and instituting policy that would be harmful to the American economy, lose support among not only American voters but his core base? I think not. He correctly stated there would be some short term pain. By FAR China has more to lose, and some type of more equitable agreement will be reached, guaranteed. The current trade agreements are unsustainable for the long term. No other recent time President has had the fortitude take some type action that required some type of short term pain or political fallout.
The Left knows this, so they're harping on Russians "meddling". they have no answer for this economic train that's barreling down the tracks so they have to distract from this stellar performance.
I've been saying this is one of two things that will dictate if Trump is re-elected. Strong economy, plenty of good paying jobs...safety and security at home and abroad.
Yes to both....Trump wins a landslide and Americans will NOT consider him a "traitor". Rock on Roadtrasheer!
Four months ago today, White House trade adviser Peter Navarro appeared on the Fox Business Network to defend Donald Trump’s policy on tariffs. Asked about international retaliation, Navarro, speaking from the White House press briefing room, said, “I don’t believe any country in the world is going to retaliate.”
The biggest problem we have with the trade war is that it has very negative consequences in the short term while it’s occurring. Most believe that Trump will cave so if he does, what’s the point? I don’t personally think he’ll cave, so if this drags out, it will suck.
If you look and understand how public companies operate, they live and die by the quarter. Unforecasted increases in cost will negate the loosening of restrictive regulations. Companies are going to hoard money again while this **** plays out.
His deficit is not cool either. He needs to rein spending in, but I’ll be honest, I don’t know how you cork that bottle. An honest approach would be cuts across the board in every sector of the budget. I’m no more pleased with his budget than i am that of Obama or Bush.
I call ********.
Both the Dow and the S&P 500 are today below where they were in January.
Deficit and Debt another problem. One thing at a time. He will not cave guaranteed, you don’t fold pocket Aces when you know your competitor is holding Jack / Ten off suit.
No way anyone investing conventionally has made that type of return in 2018.
It may be, Kudlow is hinting at it. He just posted his headline as fact but the numbers aren't out yet so thought I'd point that out.