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TRUMP
Jul 14, 2023 6:47:19 GMT -6
Post by smsmith on Jul 14, 2023 6:47:19 GMT -6
Maria Bartiromo has an interview with Trump coming out this weekend. They showed a bit of it on her show on Fox Biz this morning. Trump said if he's not elected, we won't have a recession, we'll have a depression. That's the kind of hyperbolic statement that really puts me off.
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TRUMP
Jul 14, 2023 8:59:56 GMT -6
Post by buckvelvet on Jul 14, 2023 8:59:56 GMT -6
Look where we were in 2019 before the China virus, look where Biden has us, I don't view that as a misdirection by Trump.
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TRUMP
Jul 14, 2023 10:32:31 GMT -6
Post by smsmith on Jul 14, 2023 10:32:31 GMT -6
Look where we were in 2019 before the China virus, look where Biden has us, I don't view that as a misdirection by Trump.
A depression if he's not elected? Clearly that's hyperbole. So he's the only one running for President that can "save us" from an impending depression? Give me a break. If you take a look at the markets, we've come a long way since last October. My investment accounts are within striking distance of where they were in January of '21. Is a recession still possible? Yep. Is there a single credible economist out there even hinting at the possibility of a depression? Nope. Nasdaq was around 9K in December of '19, currently over 14K. S&P was around 3200 in December of '19, currently over 4500. I sure as hell don't want Biden, Harris, Newsome, or any other Ds running the show, but Trump's inflammatory speech isn't getting us anywhere either.
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Post by buckvelvet on Jul 14, 2023 10:37:11 GMT -6
Look where we were in 2019 before the China virus, look where Biden has us, I don't view that as a misdirection by Trump.
A depression if he's not elected? Clearly that's hyperbole. So he's the only one running for President that can "save us" from an impending depression? Give me a break. If you take a look at the markets, we've come a long way since last October. My investment accounts are within striking distance of where they were in January of '21. Is a recession still possible? Yep. Is there a single credible economist out there even hinting at the possibility of a depression? Nope. Nasdaq was around 9K in December of '19, currently over 14K. S&P was around 3200 in December of '19, currently over 4500. I sure as hell don't want Biden, Harris, Newsome, or any other Ds running the show, but Trump's inflammatory speech isn't getting us anywhere either.
The outlier is we have no idea the crazy shit thats going to unfold between now & January 2025. I never thought in Feb 2020 I'd see some of the crazy things I've seen in these last 3 1/2 years. What the markets look like today could be a nill point in 3 months.
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TRUMP
Jul 14, 2023 11:15:04 GMT -6
Post by smsmith on Jul 14, 2023 11:15:04 GMT -6
This is why I have always hated tying economic performance to presidents. What if the markets go ape shit between now and the next election? Biden would get "credit" for something that really had nothing to do with him. Trump repeatedly told us to look at our 401ks and to thank him for how they looked. If they look better after 4 years of Biden what does that say? Some presidents get lucky and are in office during great economic times (e.g. Bill Clinton). Would those same great economic times have existed no matter who was in office? I tend to think so. We never have any idea about the crazy shit that's going to happen in the next months or years. Business moves ahead no matter which crook is in the White House. www.factsarefirst.com/metrics/stock-market-performance/
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Post by Sandbur on Jul 14, 2023 11:37:07 GMT -6
Look where we were in 2019 before the China virus, look where Biden has us, I don't view that as a misdirection by Trump.
A depression if he's not elected? Clearly that's hyperbole. So he's the only one running for President that can "save us" from an impending depression? Give me a break. If you take a look at the markets, we've come a long way since last October. My investment accounts are within striking distance of where they were in January of '21. Is a recession still possible? Yep. Is there a single credible economist out there even hinting at the possibility of a depression? Nope. Nasdaq was around 9K in December of '19, currently over 14K. S&P was around 3200 in December of '19, currently over 4500. I sure as hell don't want Biden, Harris, Newsome, or any other Ds running the show, but Trump's inflammatory speech isn't getting us anywhere either. Trump’s inflammatory speech and the things he has been accused of probably make him unelectable. I am not talking about the base nor about the majority of Republicans. I am speaking about the swing voters. Let’s face it. His rhetoric has made his base enthusiastic, but he should have toned it down a long time ago to get the necessary swing votes. Who knows about ‘extra ballots’ showing up.
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TRUMP
Jul 14, 2023 11:52:15 GMT -6
Post by smsmith on Jul 14, 2023 11:52:15 GMT -6
A depression if he's not elected? Clearly that's hyperbole. So he's the only one running for President that can "save us" from an impending depression? Give me a break. If you take a look at the markets, we've come a long way since last October. My investment accounts are within striking distance of where they were in January of '21. Is a recession still possible? Yep. Is there a single credible economist out there even hinting at the possibility of a depression? Nope. Nasdaq was around 9K in December of '19, currently over 14K. S&P was around 3200 in December of '19, currently over 4500. I sure as hell don't want Biden, Harris, Newsome, or any other Ds running the show, but Trump's inflammatory speech isn't getting us anywhere either. Trump’s inflammatory speech and the things he has been accused of probably make him unelectable. I am not talking about the base nor about the majority of Republicans. I am speaking about the swing voters. Let’s face it. His rhetoric has made his base enthusiastic, but he should have toned it down a long time ago to get the necessary swing votes. Who knows about ‘extra ballots’ showing up.Yep, and who knows how many more "extra ballots" show up again if Trump gets the nomination.
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Post by badgerfowl on Jul 14, 2023 11:56:19 GMT -6
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TRUMP
Jul 14, 2023 12:20:36 GMT -6
via mobile
Post by Reagan on Jul 14, 2023 12:20:36 GMT -6
There is at least one credible economist who is predicting a depression. They have predicted it since 2014 and the year to watch is 2030 give or take a couple of years. I have seen these people speak in person several times. They make a compelling argument. itreconomics.com/
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TRUMP
Jul 14, 2023 12:23:11 GMT -6
Post by smsmith on Jul 14, 2023 12:23:11 GMT -6
There is at least one credible economist who is predicting a depression. They have predicted it since 2014 and the year to watch is 2030 give or take a couple of years. I have seen these people speak in person several times. They make a compelling argument. How can Trump save us from a depression in 2030?
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TRUMP
Jul 14, 2023 12:50:00 GMT -6
via mobile
Post by Reagan on Jul 14, 2023 12:50:00 GMT -6
There is at least one credible economist who is predicting a depression. They have predicted it since 2014 and the year to watch is 2030 give or take a couple of years. I have seen these people speak in person several times. They make a compelling argument. How can Trump save us from a depression in 2030? I forgot to add the link for ITR economics. I edited the post above. If you see them speak, no president will stop it. Too much spending, too many boomers pulling out of the economy thru retirement are the big drivers. I read their book several years ago. I’d have to dust it off to get all the reasons. I’ve seen them speak twice in the last 12 months at industry events.
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TRUMP
Jul 14, 2023 13:10:20 GMT -6
Post by smsmith on Jul 14, 2023 13:10:20 GMT -6
How can Trump save us from a depression in 2030? I forgot to add the link for ITR economics. I edited the post above. If you see them speak, no president will stop it. Too much spending, too many boomers pulling out of the economy thru retirement are the big drivers. I read their book several years ago. I’d have to dust it off to get all the reasons. I’ve seen them speak twice in the last 12 months at industry events. I don't doubt that there will be another depression at some point. What I am struggling with is Trump saying we'll have a depression if he isn't elected.
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Post by nhmountains on Jul 14, 2023 13:18:37 GMT -6
I'd sooner say we're very close to World War III. The average American have no clue how close we are. The "war" between Ukraine and Russia would've been over by now with Trump. The current administration just wants the money train to keep flowing. Cluster bombs for instance.
People seem to have forgotten very quickly that we've had fuel and food go up 50% under the current administration. That hurts just as much as the down market.
Meanwhile China is waiting.
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Post by nitro27 on Dec 12, 2023 13:24:34 GMT -6
Real dictators accusing Trump!!
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Post by Sandbur on Jan 25, 2024 3:57:42 GMT -6
Does anybody else wish Trump would shut his mouth about 75% of the time?
His chances of re-election would be much better as more independents would support him.
I like what his administration did, but think he and Biden are both too old. I really don’t care for Trumps arrogant attitude. Shut up and run a decent campaign.
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