Economy Stock Market Has Worst Week Since 2008

[Sano]

Trump went on twitter daily to take credit for the stock market gains. He’s been extremely silent lately.



And this is the reason Trump is pissed about interest rates.

That's the problem with having so much personal investment in the nations economy. Priorities and loyalties lie the wrong place.

 

[brackis1]

lol stop blaming everything on the interest rates being raised .25%. An interest rate of 2.25% is still considered low, Trump was accepting credit when the stock market was reaching record highs, now he has to accept blame when those gains are lost. He's not Drake, he has to take the good with the bad.

This. I literally made a year's salary betting on the stock crash, but my bet came far before the fed hike and tons of analysts were expecting a hike. In fact the mark briefly went up after the hike was announced.

 

[abiG]

lol stop blaming everything on the interest rates being raised .25%. An interest rate of 2.25% is still considered low, Trump was accepting credit when the stock market was reaching record highs, now he has to accept blame when those gains are lost. He's not Drake, he has to take the good with the bad.

You are out of the loop. That was the last hike.

Check this out:

https://tradingeconomics.com/united-states/interest-rate

 

[JoshTehV]

Lol of course.

You should probably lay off social media with that post count

 

[DEN]

You should probably lay off social media with that post count

Sure thing Iron Maiden fish guy. Bet you bought that fish in the market to fake that photo.

 

[Hognoxious]

You are out of the loop. That was the last hike.

Check this out:

https://tradingeconomics.com/united-states/interest-rate

He doesn't understand that the fed was easing monetary policy up till the end of 2015, and now the Fed is tightening. Ultimately has to impact the market.

 

[Headkicktoleg]

Perfectly timed for my company employee stock option purchase for the quarter!

 

[44nutman]

Trump running the US economy like one of his casino’s. Trump has a long history of running things into the ground. This should be no surprise, US economy always tank when a Republican is President.

 

[ultramanhyata]

You are out of the loop. That was the last hike.

Check this out:

https://tradingeconomics.com/united-states/interest-rate

A Vanguard study covering the last 50 years included 11 periods where the Fed raised interest rates. 10 of those 11 periods resulted in the market rising.

Stop with the uninformed Trump ball gargling.

 

[Mr Holmes]

They had no impact whatsoever?

Right. Why would they have?

 

[Rockapotomuss]

Can you elaborate on what part oil prices play?

The fed has two mandates (1) keep inflation low; and (2) keep unemployment low.

When inflation goes up, the fed can raise interest rates and money comes out of the economy to pay for interest, and with less money in the economy there is less money to pay inflated prices so inflation goes down.

When unemployment goes up, the fed can lower interest rates and money goes into the economy, which creates jobs.

When oil is low, this creates deflation, that is prices get lower, because everything is cheaper. Oil is factored into the price of most goods because oil is needed to either create or transport almost everything. Further, when oil is low, unemployment goes down, because there is more money in the economy to use for other things which creates jobs. Therefore, when inflation is low, and oil prices are low, it makes no sense to raise interest rates.

The fed has raised rates by 0.25% and said they will do three to four more increases in 2019, but they have not explained why. Thus, with no other rational explanation, it is clearly a conspiracy by the academics that sit on the fed who hate trump and want to bring him down in 2020.

 

[OverCoronavirus Pressure]

This is a good thing, not a bad thing

 

[Farmer Br0wn]

When was the last time that we had a really hard recession when unemployment was this low?

 

[zebby23]

So now Trump has absolutely nothing to brag about? No wonder he is in full attack mode on the Mueller investigation

 

[funcrusher2007]

First off, the economy and the stock market are not the same thing.

2008 just called, says your full of bullshit.

 

[PolishHeadlock]

All this talk about interest rates....

Who appointed Powell to head the Fed?


Only the best people

 

[Hognoxious]

2008 just called, says your full of bullshit.

So do you believe they are the same?

 

[Lord Commander Palis]

Da Left Cross. Tremble in fear.

Ah yes Da Left Crossdresser, I remember you, a hyper progressive. You fit in well with @HomerThompson

 

[funcrusher2007]

So do you believe they are the same?

Obviously there different systems..but you don’t have to be a rocket scientist to not see the correlation.
To infer that one has no bearing on the other...either implies you are a troll or too stupid to have this discussion, I’m leaning on troll..
Because damn it, chevy chase is awesome..

Edit: your avatar is not Chevy chase lol..

 

[Falsedawn]

When was the last time that we had a really hard recession when unemployment was this low?

The largest recession in recent memory (probably ever) was preceded by 4.7% unemployment rates.