Stocks notch record close as Trump promises 'big league' tax announcement - GoFuckYourself.com

OneHungLo · 02-09-2017, 02:10 PM

Good job Trumpy.

U.S. equities rallied on Thursday after President Donald Trump said he would give an announcement regarding taxes in the next few weeks.

"Lowering the overall tax burden on American business is big league ... that's coming along very well. We're way ahead of schedule, I believe. And we're going to announce something I would say over the next two or three weeks that will be phenomenal in terms of tax," Trump said in a meeting with U.S. airline executives.

The Dow Jones industrial average rose around 115 points, with Goldman Sachs contributing the most gains.

"It's almost a resumption of the Trump trade," said Matt Weller, senior market analyst at Faraday Research. "In his acceptance speech, Trump talked about infrastructure and deregulation, but in recent weeks he'd gotten away from that."

"This is sort of reigniting those animal spirits," he said.

The S&P 500 advanced about 0.6 percent, with financials rising 1.4 percent, hitting a new all-time high. The Nasdaq composite also hit a fresh all-time high, rising 0.6 percent.

"I think it's a combination of investors feeling more confident that some tax package will get worked on. But I think that we also have lower interest rates recently and solid earnings," said Kate Warne, investment strategist at Edward Jones.

Stocks notch record close as Trump promises 'big league' tax announcement

bronco67 · 02-09-2017, 02:38 PM

Hmmm....lower taxes in a major way but yet build a border wall, pump up our "depleted" military, save the veteran's department, build new roads and bridges and a bunch of other promises. What other magic tricks can he pull out of his ass?

OneHungLo · 02-09-2017, 02:51 PM

Quote:

Originally Posted by bronco67

Hmmm....lower taxes in a major way but yet build a border wall, pump up our "depleted" military, save the veteran's department, build new roads and bridges and a bunch of other promises. What other magic tricks can he pull out of his ass?

I don't know but my portfolio is up 18% this month! I hope he keeps talking tax cuts lol

thommy · 02-09-2017, 02:56 PM

Quote:

Originally Posted by bronco67

Hmmm....lower taxes in a major way but yet build a border wall, pump up our "depleted" military, save the veteran's department, build new roads and bridges and a bunch of other promises. What other magic tricks can he pull out of his ass?

...fly to the moon

and when you ask me where he got all this money from - well, he saves it on his clothes because he is wearing cheap clothes from asia and his hairdresser isn´t expensive also

thommy · 02-09-2017, 02:57 PM

Quote:

Originally Posted by OneHungLo

I don't know but my portfolio is up 18% this month! I hope he keeps talking tax cuts lol

wait 3-4 weeks and than you can make a lot of money on putts

Bladewire · 02-09-2017, 03:00 PM

This is one promise I hope he keeps, and he probably will because it's business related but hopefully will impact SMALL businesses not just multi billion dollar multi national corps

beerptrol · 02-09-2017, 03:09 PM

Quote:

Originally Posted by bronco67

Hmmm....lower taxes in a major way but yet build a border wall, pump up our "depleted" military, save the veteran's department, build new roads and bridges and a bunch of other promises. What other magic tricks can he pull out of his ass?

He's going to use the good ol american credit card with no limits. Then cut spending on programs to benefit the poor and middle class

Then it will all come crashing down like it did a few years ago. and the taxpayer will have to pay for it again

JohnnyClips - BANNED FOR LIFE · 02-09-2017, 05:08 PM

Let's see how the liberals and CNN spin this one rofl

pimpmaster9000 · 02-09-2017, 06:49 PM

oh and next he is going to promise you can eat all you want and get slim at the same time

thommy · 02-09-2017, 11:32 PM

Quote:

Originally Posted by crucifissio

oh and next he is going to promise you can eat all you want and get slim at the same time

thommy · 02-10-2017, 12:27 AM

Quote:

Originally Posted by beerptrol

He's going to use the good ol american credit card with no limits. Then cut spending on programs to benefit the poor and middle class

Then it will all come crashing down like it did a few years ago. and the taxpayer will have to pay for it again

the point is that this american cc is not unlimited and this is what the trumpoliners do not get in their small heads. they do not know how americas "living over the limit" has impact on all that and where america really is today (and why)

the politicical road map of the guy with the implanted weazel on his head is the same as he does in his private business. he lends money and than he search for ways not to pay it back.

amercia owes money to the whole world and is the country with the most depts.
the so called enemies (especially the new ones) are the countries US owes the most money. us owes a lot to china and russia too. and this is trumps calculation: getting a loan and when it is time to pay it back sue the bank.
this is what he have done ALL his life and what he tries with america.

02-09-2017, 02:10 PM	#1
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	Stocks notch record close as Trump promises 'big league' tax announcement Good job Trumpy. U.S. equities rallied on Thursday after President Donald Trump said he would give an announcement regarding taxes in the next few weeks. "Lowering the overall tax burden on American business is big league ... that's coming along very well. We're way ahead of schedule, I believe. And we're going to announce something I would say over the next two or three weeks that will be phenomenal in terms of tax," Trump said in a meeting with U.S. airline executives. The Dow Jones industrial average rose around 115 points, with Goldman Sachs contributing the most gains. "It's almost a resumption of the Trump trade," said Matt Weller, senior market analyst at Faraday Research. "In his acceptance speech, Trump talked about infrastructure and deregulation, but in recent weeks he'd gotten away from that." "This is sort of reigniting those animal spirits," he said. The S&P 500 advanced about 0.6 percent, with financials rising 1.4 percent, hitting a new all-time high. The Nasdaq composite also hit a fresh all-time high, rising 0.6 percent. "I think it's a combination of investors feeling more confident that some tax package will get worked on. But I think that we also have lower interest rates recently and solid earnings," said Kate Warne, investment strategist at Edward Jones. Stocks notch record close as Trump promises 'big league' tax announcement

02-09-2017, 02:38 PM	#2
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	Hmmm....lower taxes in a major way but yet build a border wall, pump up our "depleted" military, save the veteran's department, build new roads and bridges and a bunch of other promises. What other magic tricks can he pull out of his ass? __________________

02-09-2017, 03:00 PM	#6
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	This is one promise I hope he keeps, and he probably will because it's business related but hopefully will impact SMALL businesses not just multi billion dollar multi national corps __________________ Skype: CallTomNow

02-09-2017, 06:49 PM	#9
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	oh and next he is going to promise you can eat all you want and get slim at the same time __________________ Report a suspicious cracker: Click Here

02-09-2017, 05:08 PM	#8
JohnnyClips - BANNED FOR LIFE Trump! Industry Role: Join Date: Feb 2011 Location: Rent free in Bladewire's head Posts: 6,442	Let's see how the liberals and CNN spin this one rofl