So Dow Jones and S&P - up or down?

[resident_evil]

I'm putting it into gold instead of bonds.

 

[bdtex]

Up I hope.

 

[Bugsy McGurk]

Dow up 243 so far.

 

[resident_evil]

Up I hope.

Why?

 

[resident_evil]

Dow up 243 so far.

If it goes up then "irrational exuberance" is a thing.

 

[sear]

Up I expect.
The day before the vote there is uncertainty.
The day after the vote, the ground firms up. $Stock prices are not a $referendum on one party or the other.
But our political system is the foundation upon which our markets operate.

 

[resident_evil]

@bdtex
@Bugsy McGurk
@sear

Trump said he wouldn't sign another $1T dollar deficit budget. He is or his spending habits have to drastically change in favor of Dem priorities.

 

[resident_evil]

Up I expect.
The day before the vote there is uncertainty.
The day after the vote, the ground firms up. $Stock prices are not a $referendum on one party or the other.
But our political system is the foundation upon which our markets operate.

"Irrational exuberance."

 

[bdtex]

Why?

I am in. Up, even slightly,is better than down.

 

[Bugsy McGurk]

@bdtex
@Bugsy McGurk
@sear

Trump said he wouldn't sign another $1T dollar deficit budget. He is or his spending habits have to drastically change in favor of Dem priorities.

You seem to be overlooking the fact that Trump is a pathological liar.

He had said he was going to reduce the deficit and then he sent it soaring.

 

[JuliefromOhio]

@bdtex
@Bugsy McGurk
@sear

Trump said he wouldn't sign another $1T dollar deficit budget. He is or his spending habits have to drastically change in favor of Dem priorities.

Trump WON increasing the Deficit race over Obama.

LOL

 

[resident_evil]

I am in. Up, even slightly,is better than down.

I thought the run up under Trump was a bit irrational. If it keeps going up it is a bubble set to burst. I'm going with some physical gold instead of bonds because QE seems likely to return. I'm going with Peter Schiff after all these years of laughing at him.

 

[resident_evil]

Trump WON increasing the Deficit race over Obama.

LOL

Julie go cuck your white boys.

 

[Bugsy McGurk]

I thought the run up under Trump was a bit irrational. If it keeps going up it is a bubble set to burst. I'm going with some physical gold instead of bonds because QE seems likely to return. I'm going with Peter Schiff after all these years of laughing at him.

Are you a doomsday prepper?

;-)

 

[resident_evil]

You seem to be overlooking the fact that Trump is a pathological liar.

He's a real estate salesman and all salesmen are "pathological liars." That is what we needed but it wasn't enough and it was all that was offered. Hillary is a terrible person and we'd be in so deep it would be incredible. I didn't vote for old man McCain because he picked Sarah Palin. You'd pick Hillary anyways. That's the difference between us.

He had said he was going to reduce the deficit and then he sent it soaring.

He and you can thank congress for that. Specifically a spineless Paul Ryan who lied about everything he said he was for. He's a white college educate woman as far as I'm concerned.

 

[resident_evil]

Are you a doomsday prepper?

;-)

I was mildly so before Trump and will probably return to being mildly so again. I'm most likely getting out of dodge in under 4 years now. I hope it lasts that long. Because you see there is a 7 year prophecy of peace and that just might be under Trump. Reading the entrails and tea leaves is the only surety left. ha ha

 

[bdtex]

He is or his spending habits have to drastically change in favor of Dem priorities.

It remains to be seen what those priorities will be for the next 1.5 years. We took it in the shorts in the Senate last night. It's not like Dems can just pass stuff and put it on Trump's desk and dare him to veto it. I would hope that House Dems and Senate Repubs are both already looking at what is doable in the next 1.5 years.

 

[resident_evil]

It remains to be seen what those priorities will be for the next 1.5 years. We took it in the shorts in the Senate last night. It's not like Dems can just pass stuff and put it on Trump's desk and dare him to veto it. I would hope that House Dems and Senate Repubs are both already looking at what is doable in the next 1.5 years.

Under Obama how many continuing resolutions passed? You know where they don't do any work? Was it all 8 years? ha ha

We're fucked.

 

[sear]

""Irrational exuberance."" re

I can't rule it out.
But "Irrational exuberance" applies to over-valued stock prices, not to stability.

Let's not allow narrow view to color our world-view.
Explanation b)
stock prices rise after the election

Explanation a)
stock prices are depressed before the election, and then snap back to normal once the uncertainty is removed.

 

[resident_evil]

I can't rule it out.
But "Irrational exuberance" applies to over-valued stock prices, not to stability.

Let's not allow narrow view to color our world-view.
Explanation b)
stock prices rise after the election

Explanation a)
stock prices are depressed before the election, and then snap back to normal once the uncertainty is removed.

Not good enough. We may be on track to continuing resolutions budgets and like last year more years of $1T deficits. We then will see another QE. And with Dems and RINO's not able to confront Chinese mercantilism. We are doomed mid term to long term.