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OH NO Growth Shocks the Market

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4 comments

  • Rack Ops
    The economy looks great (other than the crushing debt we've had for years)

    The drops that have happened havent been because of the wall, the "trade war", or tweeting....its because the Fed is increasing rates, which they should have been doing more aggressively years ago.

    Trump's problem is that he has tied his economic success to the DJIA, which it isn't. The stock market soared under Obama, but the economy was such a wreck that it was called the "Jobless recovery.

    Obama benefited from obscenely low interest rates.....and Trump is getting hit because the rates are going up.
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  • mogley98
    ADD:Also while I've been wrong more than right the see saw swings of 600 points here and there remind me a lot of 2008.

    Well it was December don't we traditionally add a lot of jobs in December or is that already weighted in?

    While I would love to join in the hurray for Wall Street and America the level of corporate debt scares me.

    If you look at the actual net value of many top tier companies they are very much like GE sure paying the debt and the interest but negatively leveraged and any uptick in interest rates, requirements to fund pensions, or drop in revenues will crush them.

    That said I am hoping for more MAGA too!
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  • remingtonoaks
    Obama is responsible for the economic recovery.... At least that's what he's saying.[xx(]

    https://m.youtube.com/watch?v=P82mhPx9zdc
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  • chiefr
    quote:Originally posted by remingtonoaks
    Obama is responsible for the economic recovery.... At least that's what he's saying.[xx(]

    https://m.youtube.com/watch?v=P82mhPx9zdc





    Yep and that is no shet, liars in the Media giving BHO and the new DEMOCRAT house credit.
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