Dow Jones loses -6% for 2018 - Trillions in wealth lost - GoFuckYourself.com

Bladewire · 01-14-2019, 04:41 PM

2018 was a shitty year for stocks wow!

The trade war destroyed the bull market

Dow Jones loses -6% for 2018 - Trillions lost | Dow Jones Online

BagOfDirtyAssholes · 01-14-2019, 05:01 PM

pimpmaster9000 · 01-14-2019, 05:14 PM

Quote:

Originally Posted by BagOfDirtyAssholes

well yes if you conveniently ignore the massive drop that happened right before it and completely ignore that no market falls down straight like a brick but has rebounds and if you completely ignore that this is just a rebound and that it coincides with the calendar year just by pure luck, then YES...it is a great win

BagOfDirtyAssholes · 01-14-2019, 05:23 PM

Quote:

Originally Posted by crucifissio

well yes if you conveniently ignore the massive drop that happened right before it and completely ignore that no market falls down straight like a brick but has rebounds and if you completely ignore that this is just a rebound and that it coincides with the calendar year just by pure luck, then YES...it is a great win

AND I guess if you ignore the fact the dow is up 30% since Trump was elected you imbecile.

The annualized DJIA return is around 5-6% I'd say Trump has done a good job at 15% per yr.

kane · 01-14-2019, 05:26 PM

Quote:

Originally Posted by BagOfDirtyAssholes

AND I guess if you ignore the fact the dow is up 30% since Trump was elected you imbecile.

The annualized DJIA return is around 5-6% I'd say Trump has done a good job at 15% per yr.

#thanksObama

pimpmaster9000 · 01-14-2019, 05:33 PM

Quote:

Originally Posted by BagOfDirtyAssholes

AND I guess if you ignore the fact the dow is up 30% since Trump was elected you imbecile.

The annualized DJIA return is around 5-6% I'd say Trump has done a good job at 15% per yr.

no you just changed topics because your original claim was devastated...

Phoenix · 01-14-2019, 05:35 PM

This thread is hilarious in just 5 posts we have the end of the world, someone elses fault, to its fuckin amazing and someone else did it

Bladewire · 01-14-2019, 05:35 PM

Quote:

Originally Posted by kane

#thanksObama

So true

As soon as Trump focused on the economy and started the unnecessary tariff war the economy began to tank in 6 months.

Obama's 2017 market gave a 25% market increase, as Trump's changes took effect 2018 was -6% market loss

TampaToker · 01-14-2019, 05:44 PM

Quote:

Originally Posted by kane

#thanksObama

Seriously? Obama has an economy that’s in the crapper, and he gets low interest rates and stimulates the economy with 1.2 trillion dollars. But Trump has the greatest economy ever, the best jobs numbers you ever saw, and what’s his reward? Boom! Higher interest rates!

And its thanks Obama wow people never seem to amaze me. Sometime people are there own worst enemy.

pimpmaster9000 · 01-14-2019, 05:46 PM

the first 2 years...

kane · 01-14-2019, 05:54 PM

Quote:

Originally Posted by TampaToker

Seriously? Obama has an economy that’s in the crapper, and he gets low interest rates and stimulates the economy with 1.2 trillion dollars. But Trump has the greatest economy ever, the best jobs numbers you ever saw, and what’s his reward? Boom! Higher interest rates!

And its thanks Obama wow people never seem to amaze me. Sometime people are there own worst enemy.

I was being partially sarcastic, but let's be honest. After the first year of Obama's presidency, when we were recovering from the worst recession since the Depression, we had something like 70 months of continuous growth in the job market and the stock market went from around 6,000 to around 20,000. Trump came in and signed a bunch of executive orders that did do some things to spark more business. I won't deny that. I personally think his trade war is going to go poorly for us and the stock market has actually dropped about 2,000 points from where it was this time last year.

Yes, job numbers are great and for a year under Trump the stock market soared. Now it is unstable (like Trump himself), China seems to be doing just fine with the tariffs and the economy is slowing down.

Do you not think there was any residual carryover from Obama?

Also, let's wait to see how this all plays out before we crown Trump the economic master. Let's give him a few years (if he lasts that long) and see where things are. He was handed a strong, growing economy. Let's see what he does with it. IMO we will likely find out that Trump's policies are just like him, a lot of bluster and show that work well for a little while, but very little substance in the long run.

Bladewire · 01-14-2019, 05:59 PM

Quote:

Originally Posted by kane

Do you not think there was any residual carryover from Obama?

When Obama came into power Redhats here said the first year economy was from Bush.

Now they say Obama's economy ended the second Trump was sworn in. Of course, if things headed south right after Trump was sworn in they're say it was Obama's residual economy.

You'll get no ho honesty from the alt-right hate fake nic troll on questions about Obama, they're already trying to blame Democrats for Trump's failed economy.

kane · 01-14-2019, 06:14 PM

Quote:

Originally Posted by Bladewire

When Obama came into power Redhats here said the first year economy was from Bush.

Now they say Obama's economy ended the second Trump was sworn in. Of course, if things headed south right after Trump was sworn in they're say it was Obama's residual economy.

You'll get no ho honesty from the alt-right hate fake nic troll on questions about Obama, they're already trying to blame Democrats for Trump's failed economy.

I remember the Obama haters on this board going after him when he did the stimulus and other things to help saying that it would bring about the next depression. I guess that prediction didn't come true.

RedFred · 01-14-2019, 06:22 PM

Quote:

Originally Posted by BagOfDirtyAssholes

AND I guess if you ignore the fact the dow is up 30% since Trump was elected you imbecile.

The annualized DJIA return is around 5-6% I'd say Trump has done a good job at 15% per yr.

Wrong Squeeler. The Dow was at 19,827 when your Cult leader took office, it is now at 23,909. That's 20%, not 30%. Average yearly DOW return is 7.75%, not 5-6%.

Caught lying again, fake nick and all.

TampaToker · 01-14-2019, 06:26 PM

Quote:

Originally Posted by kane

I was being partially sarcastic, but let's be honest. After the first year of Obama's presidency, when we were recovering from the worst recession since the Depression, we had something like 70 months of continuous growth in the job market and the stock market went from around 6,000 to around 20,000. Trump came in and signed a bunch of executive orders that did do some things to spark more business. I won't deny that. I personally think his trade war is going to go poorly for us and the stock market has actually dropped about 2,000 points from where it was this time last year.

Yes, job numbers are great and for a year under Trump the stock market soared. Now it is unstable (like Trump himself), China seems to be doing just fine with the tariffs and the economy is slowing down.

Do you not think there was any residual carryover from Obama?

Also, let's wait to see how this all plays out before we crown Trump the economic master. Let's give him a few years (if he lasts that long) and see where things are. He was handed a strong, growing economy. Let's see what he does with it. IMO we will likely find out that Trump's policies are just like him, a lot of bluster and show that work well for a little while, but very little substance in the long run.

Yes there was residual carryover from Obama if anyone says there was not then they full of shit. But at the same time the reason for the fed hikes is because of all those years at damn near nothing with low fed rates under Obama.

In regards to Chine Trump picked the right time with the tariffs war. Since this started China's stock market is down 30% and will continue to go do. I am not crowning Trump anything there are way to many factors to place blame or success on a man for our markets. Was i am concerned about is what the feds do in 2019. If they do not act foolishly we will beat china but about a month ago the feds did say they were worried about the global economy that scares me.

huey · 01-14-2019, 06:27 PM

Quote:

Originally Posted by kane

#thanksObama

#thanksQE1,QE2,QE3

Bladewire · 01-14-2019, 06:30 PM

Quote:

Originally Posted by RedFred

Wrong Squeeler. The Dow was at 19,827 when your Cult leader took office, it is now at 23,909. That's 20%, not 30%. Average yearly DOW return is 7.75%, not 5-6%.

Caught lying again, fake nick and all.

Truth is like Kryptonite to Trump supporters. Well done!

kane · 01-14-2019, 06:35 PM

Quote:

Originally Posted by TampaToker

Yes there was residual carryover from Obama if anyone says there was not then they full of shit. But at the same time the reason for the fed hikes is because of all those years at damn near nothing with low fed rates under Obama.

In regards to Chine Trump picked the right time with the tariffs war. Since this started China's stock market is down 30% and will continue to go do. I am not crowning Trump anything there are way to many factors to place blame or success on a man for our markets. Was i am concerned about is what the feds do in 2019. If they do not act foolishly we will beat china but about a month ago the feds did say they were worried about the global economy that scares me.

We are going to go into another recession, it is how the economy works. I too am scared it will be a bad one as the Fed and others are. Like you, I think the POTUS gets too much credit when the economy is good and takes too much shit when it is bad. All that said, Presidents can and do effect the markets. They can just say things that will cause the markets to go up or down. I, personally, am not a fan of Trump's economic ideals and policies, but, as I said, let's see how it plays out. My fear is that we have learned very little since 2008 and there is darkness on the edge of town. The question then becomes, how bad will it be and will Trump's policies help or hurt? I don't know the answer.

directfiesta · 01-14-2019, 07:32 PM

Quote:

Originally Posted by TampaToker

In regards to Chine Trump picked the right time with the tariffs war. Since this started China's stock market is down 30% and will continue to go do. I am not crowning Trump anything there are way to many factors to place blame or success on a man for our markets. Was i am concerned about is what the feds do in 2019. If they do not act foolishly we will beat china but about a month ago the feds did say they were worried about the global economy that scares me.

sure ..... great move :

Quote:

“Trade wars are good and easy to win,” he tweeted last March.

In an address Monday to the American Farm Bureau Federation, Trump said his negotiations with China were “going very well,” but figures released Monday by the Chinese government showed that his plan isn’t working. Instead the U.S. trade deficit with China grew 17 percent in 2018, to a record $323.32 billion. Over the past year, as Trump launched a trade war with Beijing, Chinese exports to the U.S. grew by 11.3 percent, while China’s imports of American goods rose just 0.7 percent. American farmers have borne the biggest short term brunt of Trump’s policies, with U.S. soybean exports to China falling 98 percent in 2018 as Beijing retaliated against tariffs imposed by the president.

First year of Trump :

Quote:

By Jacob M. Schlesinger and Harriet Torry
Updated Feb. 6, 2018 12:18 p.m. ET
WASHINGTON—The U.S. trade deficit in goods and services grew 12% last year to $566 billion, its widest mark since 2008 and a challenge for President Donald Trump, who has pledged to rebalance the nation’s books with the rest of the world.

The goods deficit with China alone rose 8% during Mr. Trump’s first year in office to a record $375.2 billion, or nearly half the total global gap between U.S. imports and exports, the Commerce Department said Tuesday.

01-14-2019, 04:41 PM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Dow Jones loses -6% for 2018 - Trillions in wealth lost 2018 was a shitty year for stocks wow! The trade war destroyed the bull market Dow Jones loses -6% for 2018 - Trillions lost \| Dow Jones Online

01-14-2019, 05:46 PM	#10
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	the first 2 years... __________________ Report a suspicious cracker: Click Here

01-14-2019, 05:01 PM	#2
BagOfDirtyAssholes So Fucking Banned Industry Role: Join Date: May 2001 Location: Moscow Posts: 155

01-14-2019, 05:35 PM	#7
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	This thread is hilarious in just 5 posts we have the end of the world, someone elses fault, to its fuckin amazing and someone else did it