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I sure am glad

C

countryroads89_rivals

Sophomore
Sep 6, 2013
27,594
120
0
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
 
M

Mntneer

Sophomore
Oct 7, 2001
10,192
196
0
countryroads89 said:
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
Click to expand...

Still don't understand the tax cuts do you.
 
S

Snow Sled Baby

Senior
Jan 4, 2003
44,734
534
103
countryroads89 said:
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
Click to expand...
I'm doing just fine thank you.....seeing more money in paycheck....making money from my farm in WV now that President Trump did away with mao's regulations....and I'm not now nor ever have been super wealthy....maybe you need to change financial advisors
 
W

WVU82_rivals

Senior
May 29, 2001
199,091
693
0
lol...

try again once after you have a basic understanding of economics...

not just blather some numbers that any idiot could find....

understanding that the markets were great until the commies stole the house would be a great start...
 
K

Keyser76

Freshman
Apr 7, 2010
11,912
58
0
Trickle down much? lmfao, the Trumpies are the only folks dumber than he is, Kansas is proof and deficits really don't matter, Cheney was right.
 
dave

dave

Senior
May 29, 2001
60,599
814
113
countryroads89 said:
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
Click to expand...
Morons repeat talking points because they are incapable if expressing original thought.
 
dave

dave

Senior
May 29, 2001
60,599
814
113
countryroads89 said:
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
Click to expand...
My company dropped almost 2 million into the bonus pool this year directly because of tax cuts.

Your company didnt....oh wait....there is no your company.
 
W

wvu2007

Senior
Jan 2, 2013
21,220
457
0
I just got word on my bonus and it's the largest one I've had in 7 years. Also got a larger % salary increase this year. #WINNING
 
C

countryroads89_rivals

Sophomore
Sep 6, 2013
27,594
120
0
DOW is down 8.1% for the year.

S&P 500 is down 7.7% for the year.

Officially a Bear Market.

So much winning. You right wingers tired of winning yet?
 
Airport

Airport

All-American
Dec 12, 2001
86,292
6,985
113
If we are serious about stopping China from widespread theft, we have to be willing to put up with this. If we can make China yield, their economy is doing a lot worse, the market would jump if we can get a deal that is really fair to everybody,
 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,567
6,147
113
countryroads89 said:
we got that tax bill passed so we could give the superwealthy tax breaks. It's good for the economy, right?
Otherwise, the stock market would tank.

Fear of an economic slowdown is rocking Wall Street and the oil markets. The Dow plunged 600 points and broke below 23,000 on Thursday, while the Nasdaq is flirting with a bear market. US oil prices plummeted more than 4% to the lowest level since August 2017.
The latest wave of selling shows how worried investors have become about the eventual demise of the economic expansion. Those jitters were exacerbated by concerns that the Federal Reserve is making a mistake by continuing to raise interest rates.
"Equity markets are quickly approaching the capitulation phase after having broken below critical support," Sam Stovall, chief investment strategist at CFRA Research, told CNN Business.
At Thursday's lows, the Nasdaq was on track to close 20% below the closing high set on August 29. It's premature to say the Nasdaq is officially in a bear market: Market analysts tend to calculate bull and bear markets using closing numbers. And the S&P 500, the benchmark for US stocks, would have to tumble another 4% before hitting bear territory.
Click to expand...

The interesting thing about all of that is the Left's absence of an answer for any of it. Six months ago, it was all Obama's economy. Now all of a sudden we're headed for the next great recession. What did Obama screw up this time? What's the Left's plan to fix it?
 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,567
6,147
113
countryroads89 said:
DOW is down 8.1% for the year.

S&P 500 is down 7.7% for the year.

Officially a Bear Market.

So much winning. You right wingers tired of winning yet?
Click to expand...

You were strangely silent during the market run up...that is when you weren't giving Obama credit. Why is he all of sudden out of the picture?
 
dave

dave

Senior
May 29, 2001
60,599
814
113
atlkvb said:
You were strangely silent during the market run up...that is when you weren't giving Obama credit. Why is he all of sudden out of the picture?
Click to expand...
The economy is very strong. The fed has pre planned 3 rate hikes. The moron has no effing clue what he is talking about so he talkes about the Dow. Moron.
 
O

Original Mountaineer1

Sophomore
Aug 27, 2001
63,466
198
0
Snow Sled Baby said:
I'm doing just fine thank you.....seeing more money in paycheck....making money from my farm in WV now that President Trump did away with mao's regulations....and I'm not now nor ever have been super wealthy....maybe you need to change financial advisors
Click to expand...

My paycheck is larger but I’m a little worried that I’ll be paying the IRS come February.
 
W

WVU82_rivals

Senior
May 29, 2001
199,091
693
0
you'll do as wolf says...



 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,567
6,147
113
dave said:
The economy is very strong. The fed has pre planned 3 rate hikes. The moron has no effing clue what he is talking about so he talkes about the Dow. Moron.
Click to expand...


Honestly Dave my Man...how many Leftists do you know who truly understand and appreciate free markets & entrepreneurial Capitalism?
 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,567
6,147
113
wvu2007 said:
The stock market has been up every week since racist @countryroads89 posted this. LMAO!
Click to expand...

country only comes out to complain if the market corrects (Trump's fault). When it goes up or gains, he/she/it crawls back into that racist cave called home and ponders if it's better to appear as a black racist who hates white people or as a white racist who hates black people?
 
dave

dave

Senior
May 29, 2001
60,599
814
113
wvu2007 said:
The stock market has been up every week since racist @countryroads89 posted this. LMAO!
Click to expand...
If he was half as smart as he thinks he is he would have bought a lot on Dec 20 when he posted this and he could sell today and actually be as wealthy as he wants people to think he is.
 
atlkvb

atlkvb

All-American
Jul 9, 2004
82,567
6,147
113
dave said:
If he was half as smart as he thinks he is he would have bought a lot on Dec 20 when he posted this and he could sell today and actually be as wealthy as he wants people to think he is.
Click to expand...

Folks like country always look at the day-to-day fluctuations in stock valuations (buying and selling) and think that's where the real value in portfolio positions rests. Anyone well schooled enough in asset trading knows it's actually P/E ratios that determine true valuations...Corporate profits last quarter were at all time highs. Just as you said, there are so many bargains out there now, you'd be a fool not to get in on this market which is way undervalued and set to bring spectacular gains for smart investment managers.

Energy, agriculture, transportation, communications, durable goods, construction, real estate, even pharmaceuticals...all are set to pay YUGE dividends as economic growth explodes from a new China trade agreement, increased capital formation due to regulatory relief and those darn corporate tax cuts kicking in for '19 and future business planning/expansions.

Buy low now, and sell high later as valuations top all projected earnings forecasts because of low interest rates, low inflation, full employment and LOTS of disposable incomes.
 
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