WAXXX Posted January 13, 2017 Share Posted January 13, 2017 (edited) 58 minutes ago, DOMAN127 said: Every year for the last five years, around early-to-mid November, the DOW (generally what people use as a benchmark when they say "the economy" or "the stock market" is doing well/poorly) jumps up, stays steady with minor dips for about two months, then drops off sometime from mid-January to early February. wrong again. check for yourself: http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years the DOW performed the way you described only twice in the past five years. one year in particular that the DOW did not see a holiday rebound was in 2012 when obama was reelected. on a side note, the DOW took a substantial slump when obama was first elected in 2008. in election years there are anomalies due to the uncertainty that presidential policy will have on the economy. what we are experiencing right now since trump won the election is the exact opposite market response that took place when obama was elected. MAGA. Edited January 13, 2017 by WAXXX Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 13, 2017 Share Posted January 13, 2017 23 minutes ago, Bladewillisisdead said: It'll probably be pretty dope to be a multimillionaire under Trump's presidency. Everyone else...not so much. it'll be dope to be a multimillionaire period. poor people in shitty places will always have it bad. Quote Link to comment Share on other sites More sharing options...
DecayToDeath Posted January 13, 2017 Share Posted January 13, 2017 5 minutes ago, WAXXX said: wrong again. check for yourself: http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years the DOW performed the way you described only twice in the past five years. one year in particular that the DOW did not see a holiday rebound was in 2012 when obama was reelected. on a side note, the DOW took a substantial slump when obama was first elected in 2008. in election years there are anomalies due to the uncertainty that presidential policy will have on the economy. what we are experiencing right now since trump won the election is the exact opposite market response that took place when obama was elected. 1. Though with varying degrees of movement, it has followed the model I outlined for the last five years. I used a different site for the graph, but they look the same, so it's not like that matters. 2. I'm speaking in terms of the last 5 years alone. You're right about 2008--we were also in a recession a the time. 3. You're also right about inflationary expectation having a hand in the market trends. Correlation doesn't necessarily mean causation, but if we're to look at it like it does in this case, then the explanation is that people are buying/investing now because they expect the economy to tank under Trump's presidency later. So even if there is a relationship here, not only does it point towards the American people being pessimistic about the near future (which isn't really the argument here) it also means Trump being elected is only a short-term economic gain directly as a result of consumer/investor pessimism with little certainty for whether his actual term in office will bring prosperity or not. What it boils down to is two possibilities: either we're just following trends, or we're seeing a temporary surge in the DOW because of the public's dismal expectations for the future. I don't know whether Trump will make our economy thrive or suffer during his presidency and I'm not claiming one way or the other; all I'm saying is this is temporary regardless of how it happened, we're realistically just following trends, and it's not a good indication of what will happen so people should stop citing this growth as a positive for Trump's case. Quote Link to comment Share on other sites More sharing options...
TheGhostOfRandySavage Posted January 13, 2017 Share Posted January 13, 2017 (edited) 8 minutes ago, DOMAN127 said: 1. Though with varying degrees of movement, it has followed the model I outlined for the last five years. I used a different site for the graph, but they look the same, so it's not like that matters. 2. I'm speaking in terms of the last 5 years alone. You're right about 2008--we were also in a recession a the time. 3. You're also right about inflationary expectation having a hand in the market trends. Correlation doesn't necessarily mean causation, but if we're to look at it like it does in this case, then the explanation is that people are buying/investing now because they expect the economy to tank under Trump's presidency later. So even if there is a relationship here, not only does it point towards the American people being pessimistic about the near future (which isn't really the argument here) it also means Trump being elected is only a short-term economic gain directly as a result of consumer/investor pessimism with little certainty for whether his actual term in office will bring prosperity or not. What it boils down to is two possibilities: either we're just following trends, or we're seeing a temporary surge in the DOW because of the public's dismal expectations for the future. I don't know whether Trump will make our economy thrive or suffer during his presidency and I'm not claiming one way or the other; all I'm saying is this is temporary regardless of how it happened, we're realistically just following trends, and it's not a good indication of what will happen so people should stop citing this growth as a positive for Trump's case. Not to argue everything, but this specifically is the opposite of what any smart investor would do. You buy low and sell high, so if the thought was that Trump was going to tank the economy people would be selling currently to re-buy when he tanks it. Edited January 13, 2017 by The Ghost of Randy Savage WAXXX 1 Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 13, 2017 Share Posted January 13, 2017 21 minutes ago, DOMAN127 said: so people should stop citing this growth as a positive for Trump's case. do you even MAGA bro? Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 13, 2017 Share Posted January 13, 2017 20 minutes ago, The Ghost of Randy Savage said: people are buying/investing now because they expect the economy to tank under Trump's presidency later. So even if there is a relationship here, not only does it point towards the American people being pessimistic about the near future (which isn't really the argument here) it also means Trump being elected is only a short-term economic gain directly as a result of consumer/investor pessimism with little certainty for whether his actual term in office will bring prosperity or not. 20 minutes ago, The Ghost of Randy Savage said: this specifically is the opposite of what any smart investor would do. You buy low and sell high, so if the thought was that Trump was going to tank the economy people would be selling currently to re-buy when he tanks it. randy is correct. there's a reason the age-old maxim is "buy low sell high," not "buy at all-time highs and sell when the economy tanks." Quote Link to comment Share on other sites More sharing options...
DecayToDeath Posted January 13, 2017 Share Posted January 13, 2017 8 minutes ago, WAXXX said: randy is correct. there's a reason the age-old maxim is "buy low sell high," not "buy at all-time highs and sell when the economy tanks." I was thinking more along the lines of buying now because people think Trump will cause inflation/price level to increase faster than the common man's salary, though you're right on that count. Even then, I still find it inappropriate to make judgement calls this early. Quote Link to comment Share on other sites More sharing options...
The Vool Posted January 13, 2017 Share Posted January 13, 2017 8 hours ago, WAXXX said: This post just confirms the pic I've posted...you're a moron. Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 13, 2017 Share Posted January 13, 2017 7 hours ago, Sasan said: This post just confirms the pic I've posted...you're a moron. Quote Link to comment Share on other sites More sharing options...
nancy_raygun Posted January 13, 2017 Share Posted January 13, 2017 18 hours ago, WAXXX said: dude, i'm just happy that i can buy crates of vinyl from europe right now and get them shipped to my door for extremely attractive prices due to the current strength of the US dollar. I can't help but assume it's just all Ted Nugent WAXXX 1 Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 13, 2017 Share Posted January 13, 2017 4 minutes ago, nancy_raygun said: I can't help but assume it's just all Ted Nugent i wish. but it's still cheaper to buy The Nuge's albums in the US. i Quote Link to comment Share on other sites More sharing options...
aleon Posted January 14, 2017 Share Posted January 14, 2017 The Vool and ChasHawk 2 Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 15, 2017 Share Posted January 15, 2017 21 hours ago, aleon said: the left's idea of humor. LOL. no wonder they lost the great meme war. Tommy 1 Quote Link to comment Share on other sites More sharing options...
SeeMoreGlass Posted January 17, 2017 Author Share Posted January 17, 2017 On 1/15/2017 at 3:29 PM, WAXXX said: the left's idea of humor. LOL. no wonder they lost the great meme war. More true than funny...and sickening at how true it is... The Vool 1 Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 17, 2017 Share Posted January 17, 2017 On 1/14/2017 at 4:31 PM, aleon said: On 1/15/2017 at 2:29 PM, WAXXX said: the left's idea of humor. LOL. no wonder they lost the great meme war. 8 minutes ago, thispartysucks128 said: More true than funny...and sickening at how true it is... you talking about the cartoon or my comment? vinyl addict 1 Quote Link to comment Share on other sites More sharing options...
SeeMoreGlass Posted January 18, 2017 Author Share Posted January 18, 2017 23 hours ago, WAXXX said: you talking about the cartoon or my comment? the cartoon of course...just realized how unclear that was... Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 18, 2017 Share Posted January 18, 2017 33 minutes ago, thispartysucks128 said: the cartoon of course... SAD! Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 18, 2017 Share Posted January 18, 2017 LOL Dominic_ 1 Quote Link to comment Share on other sites More sharing options...
Bladewillisisdead Posted January 18, 2017 Share Posted January 18, 2017 It's almost like them meddling in our election gave people a reason to worry about them... Either way, it's great news for the writers of the next James Bond movie. daegor 1 Quote Link to comment Share on other sites More sharing options...
WAXXX Posted January 18, 2017 Share Posted January 18, 2017 (edited) 33 minutes ago, Bladewillisisdead said: meddling in our election like every superpower ever since the dawn of civilization? who's allowed to meddle with other countries and who isn't? and what degree of "meddling" done by a country is worthy of considering them a major threat to your well-being? i for one, think that the covert CIA operations carried out under the obama administration (in which seven different countries were routinely drone bombed) is a tad more destructive than allegedly phishing john podesta's gmail password. Edited January 18, 2017 by WAXXX Tommy, daegor, vinyl addict and 1 other 4 Quote Link to comment Share on other sites More sharing options...
mac1 Posted January 18, 2017 Share Posted January 18, 2017 the, uuuuh, 80's called and they, uuuhhh, want their foreign, uhhh, policy back. One more day... The Vool 1 Quote Link to comment Share on other sites More sharing options...
museummouth Posted January 18, 2017 Share Posted January 18, 2017 12 hours ago, WAXXX said: SAD! This thread is sad because it's just you perpetually bumping it you troll nancy_raygun and DecayToDeath 2 Quote Link to comment Share on other sites More sharing options...
stl_ben Posted January 18, 2017 Share Posted January 18, 2017 38 minutes ago, museummouth said: This thread is sad because it's just you perpetually bumping it you troll So much this. Quote Link to comment Share on other sites More sharing options...
jonnystorm777 Posted January 18, 2017 Share Posted January 18, 2017 I remember when Romney was saying Russia was our biggest threat in the debates and Obama laughed at him. Now the Democrats are all crying about Russia. It's kind of funny. WAXXX and Tommy 2 Quote Link to comment Share on other sites More sharing options...
daegor Posted January 18, 2017 Share Posted January 18, 2017 10 hours ago, WAXXX said: like every superpower ever since the dawn of civilization? who's allowed to meddle with other countries and who isn't? and what degree of "meddling" done by a country is worthy of considering them a major threat to your well-being? i for one, think that the covert CIA operations carried out under the obama administration (in which seven different countries were routinely drone bombed) is a tad more destructive than allegedly phishing john podesta's gmail password. The answer is none. It's concerning that Russia meddles, especially so brazenly. It's concerning that the US has never learned it's lesson about meddling (it's bit the in the ass so many times). Quote Link to comment Share on other sites More sharing options...
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