The economy is booming!

NaturalFarmer

Well-Known Member
Jesus is pissed off with you for being a windbag
Hello @zeddd, I know nothing about you. Most likely because you add very little but just to ensure I wanted to check your threads and see their value. Must be a great grower huh? Why is your profile private? Hiding something?
 
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Fogdog

Well-Known Member
I thank Obama for not crashing the economy further like Bush did, (I hate Bush more than anybody) and I thank Trump for improving the economy like it or not.
This is the first quarter in three years where the growth in profits has declined. The second quarter is expected to be worse. Trump benefited from Obama's strong economy but his recessionary and inflationary policies have started to bite. Recession by the end of the year or 2020 is what big money are betting on. They took sold off bigly in December. Another selloff is due in February.
 

MidwestGorilla219

Well-Known Member
This is the first quarter in three years where the growth in profits has declined. The second quarter is expected to be worse. Trump benefited from Obama's strong economy but his recessionary and inflationary policies have started to bite. Recession by the end of the year or 2020 is what big money are betting on. They took sold off bigly in December. Another selloff is due in February.
You could be right, and if you are I will be the first to admit it watch. I'm really not left or right and have no favorites in politics. I'm in the midwest and things definitely improved here just hoping things do not crash.
 

NaturalFarmer

Well-Known Member
This is the first quarter in three years where the growth in profits has declined. The second quarter is expected to be worse.
Why would anyone listen to you? Seriously? Where are you getting Q1 profits? Whose profits declined? Everyones?
 

MidwestGorilla219

Well-Known Member
The economy was already climbing under Obama. Trump actually brought it to a screeching halt.

January of 2018, the dow sat at 25,803.

Right now, it's at 25,239.

Trump literally killed it with his bullshit "deals".
Dude the stock market is far from dead, many things influence it. One thing that was hurting the market was that they were talking about raising interest rates, now that they are not raising rates the market is popping up again. I have read some of your posts and it really seems you just talk out your ass, I get it you hate Trump cool I don't care one way or the other. 25.2 compared to 25.8 is nothing compared to the fluctuation in Obama's term but I bet we don't want to talk about that.
 
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NaturalFarmer

Well-Known Member
Trump and his bullshit tariffs hurt. Him starting a trade war with China he can't possibly win is even worse.
You don't understand how we have been ripped off by China, so how can you figure out how to fix it? Do you understand how they have used technology transfer on businesses? Do you understand that they have stolen from us for two decades now? Do you understand how they have manipulated trade to their benefit for a decade if not longer? Yeah the tariffs hurt but its a good hurt because we are winning and will in the end fix what NEEDED to be fixed. Look at their economy vs ours NOW because of the tariffs. I don't like tariffs but this isn't normal tariffs, it is correcting a crime against our country on multiple fronts. They are in serious trouble and need a deal SOON. Xi is being pressured hard by his own gears. Guess who will win? Trump and America. Does that make you mad bro?
 
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