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Trump Scoreboard - Marketwatch

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zinfamous said:
wow--you have 3 retirement accounts, Mr. always-wealthy person????

/says 98% of the human world.
😀
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Just 3 different 401k accounts from different jobs. I didn't bother to roll them over each time I switched.
But I'm glad it gave the impression that I'm extremely wealthy 😀
 
Slate is reporting that Individual-1 is going to fire Mnuchin because the stock market has been going down.

https://twitter.com/x/status/1077661059970928641

https://slate.com/news-and-politics...firing-mnuchin-over-stock-market-declines.amp

This obsession with the Dow is just bizarre. Somebody ... one of the few remaining grown-ups, I guess ... needs to stand up, and point out that the charter of the Treasury Department, and the Federal Reserve, does not include "making sure the markets only go up."
 
Engineer said:
Dow popped +282 near open. Now -40. Right now, cheeto has everyone selling any rally.
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Now we will hear how much Trump is a genius again (from himself), and Mnuchin can keep his job for another 24 hours.

Remember this has nothing to do with cause-effect. It's all about "blame". He has to blame someone, and it ain't gonna be him. Trump's probably raging he can't fire obama or hillary over this. You know, they must somehow be at fault. Countdown to someone like Hannity, Limbaugh, or Coulter blaming Obama or Hillary for the market.
 
Bitek said:
I think this stuff will get the power people to turn on him faster than anything.

There has been a blindness his supporters have self imposed with respect to his immortality, illegality and incompetence, as long as he was getting the result they wanted.

Now, you start fucking with people's money?.... That will run out patience real quick.

Knives are being sharpened as we speak.
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This would be ideal..Pushback. But, You know his response to any criticism is - "you say that because you are WEAK!" - the notion that any part of the government or of independent public entities does not have, as its primary mission of making DJT look good at any cost, that there is NO official or organization who is not an underling owing him personal obedience, or even that anyone has to accept that sometimes you lose, is just unacceptable.

The only way he knows how to deal with pushback is through intimidation, through "hitting back harder" so they are sorry to have challenged him. And so far in life it has worked well because even people who could have been in a position to push back effectively often felt it was not worth the cost and aggravation and image hit to do so (the "wrestling with the pig" scenario). It's shamefull the pushback hasn't been greater and more vocal. Hopefully that changes if the country continues down the shitter.
 
The Washington Post has a good opinion piece summarizing Trump's approach to the economy... and, well, everything: "Trump can’t decide whose fault it is, but he knows it’s not his."

He's the first to take credit for anything good, but will blame literally everyone else for his faults. If you want to summarize the Trump administration's failure in one sentence, it's that Trump is a classic egomaniac. He cannot imagine doing anything that doesn't directly benefit him; he cannot accept responsibility for mistakes because he assumes he's perfect.

The sad part is that there are far too many people, including the OP, who confuse that egocentrism with capability. They hear "I alone can fix it" and think that's a statement of fact rather than election bluster.
 
zinfamous said:
(I know, I was making a joke...I basically have 3-5 retirement accounts, depending on how you count....the point being that our complaints about our retirement accounts temporarily dropping a few percentage points is kinda funny against the backdrop of the rest of humanity essentially having no money saved at all.)
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First world problems for sure, altho it freaks me out how many ppl don't save even tho they make enough money to do so, let alone the truly broke folks
 
I'm sure that cheeto will now brag that he had the largest one day gain on the Dow ever (over 1,000 points). Of course, that doesn't account for the other =4,000+ down (was -5,000+ down).
 
Trump left the country, so I figured it was safe to buy some AAPL back. Was down to $145 on Monday.

Now if we can just keep him there...
 
Engineer said:
I'm sure that cheeto will now brag that he had the largest one day gain on the Dow ever (over 1,000 points). Of course, that doesn't account for the other =4,000+ down (was -5,000+ down).
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He'd miss the irony the it went up because he left the country and the Tweeter machine was down for the day.
 
Engineer said:
I'm sure that cheeto will now brag that he had the largest one day gain on the Dow ever (over 1,000 points). Of course, that doesn't account for the other =4,000+ down (was -5,000+ down).
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He was off Twitter all day. Don't worry: he'll be able to torpedo all those games as soon as he gets back to his comfy toilet.
 
As of now, Dow down about 380 but has been down by as much as 500+. Add Monday, Wednesday and today.....and we're basically break even for the week, which is actually pretty amazing considering the swings.
 
Market popped at end of day to +260 (from -600). That's probably as good of sign that the market was oversold as I could possibly see.

Cheeto staying pretty quiet helps, lol!
 
Engineer said:
As of now, Dow down about 380 but has been down by as much as 500+. Add Monday, Wednesday and today.....and we're basically break even for the week, which is actually pretty amazing considering the swings.
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Nutso week. Was down bigly, then closed in the green. Two more days to go for the year. Barring a miracle, 2018 will close in the red
 
So as far as I can tell the Dow is down about 6% YTD. Since a rising index was a sign that Trump was doing a great job, presumably a falling index is a sign he’s doing a bad job.

Let me guess though spidey, it’s not because reasons.
 
fskimospy said:
So as far as I can tell the Dow is down about 6% YTD. Since a rising index was a sign that Trump was doing a great job, presumably a falling index is a sign he’s doing a bad job.

Let me guess though spidey, it’s not because reasons.
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No, the stock market hasn't been good lately. Some of it is due to Trump's actions, we're in a trade war. But, I think there is a long game there and I think we're all going to make a lot more money once a proper trade deal with China is hammered out... I'm happily buying low now (budget issues will be resolved and a trade deal will happen sooner or later). The government shutdown doesn't help, but the Democrats who were happy to build walls and fences before suddenly think $5 billion is a number worth the government shutdown. Obstructionists will obstruct.
 
SlowSpyder said:
No, the stock market hasn't been good lately. Some of it is due to Trump's actions, we're in a trade war. But, I think there is a long game there and I think we're all going to make a lot more money once a proper trade deal with China is hammered out... I'm happily buying low now (budget issues and a trade deal will happen sooner or later). The government shutdown doesn't help, but the Democrats who were happy to build walls and fences before suddenly think $5 billion is a number worth the government shutdown. Obstructionists will obstruct.
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Haha so I guess you’re admitting the good stock trend is not ‘continuing or even accelerating under Trump’ was wrong?

And remember, this is after the sugar high of pumping billions into the stock market with debt financed corporate tax cuts for rich people. Think of all that money of yours he just flushed down the toilet. Doesn’t that make you angry?
 
fskimospy said:
Haha so I guess you’re admitting the good stock trend is not ‘continuing or even accelerating under Trump’ was wrong?

And remember, this is after the sugar high of pumping billions into the stock market with debt financed corporate tax cuts for rich people. Think of all that money of yours he just flushed down the toilet. Doesn’t that make you angry?
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At the time it was, it has pulled back recently. I'm sure the run will return, the problems right now are but bumps in the road. The Trump economy is still roaring.
 
SlowSpyder said:
At the time it was, it has pulled back recently. I'm sure the run will return, the problems right now are but bumps in the road. The Trump economy is still roaring.
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Hmm, you were very bad at predicting the stock market this year. Why do you think you would be better at it going forward?
 
SlowSpyder said:
At the time it was, it has pulled back recently. I'm sure the run will return, the problems right now are but bumps in the road. The Trump economy is still roaring.
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We knew that if you came back you'd try this. "I'm not wrong, it's just a momentary setback! All hail Divine Leader Trump!"

Trump is directly responsible for this downturn. And there are now talks that this could lead to a recession in 2019. Why can't you grow a spine and accept that you were wrong? There's no shame in admitting mistakes and improving yourself from them.
 
Commodus said:
We knew that if you came back you'd try this. "I'm not wrong, it's just a momentary setback! All hail Divine Leader Trump!"

Trump is directly responsible for this downturn. And there are now talks that this could lead to a recession in 2019. Why can't you grow a spine and accept that you were wrong? There's no shame in admitting mistakes and improving yourself from them.
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If I was wrong I'd say so. The Trump tariffs are hardly being paid by Americans, we knew the moment that tariffs were implemented that there would be some ugliness before things got better. The Democrats are willing to shutdown the government over $5 billion because helping to secure our border and our country isn't worth that amount to them. We'll make it through their carelessness, but it'll take time.
 
SlowSpyder said:
If I was wrong I'd say so. The Trump tariffs are hardly being paid by Americans, we knew the moment that tariffs were implemented that there would be some ugliness before things got better. The Democrats are willing to shutdown the government over $5 billion because helping to secure our border and our country isn't worth that amount to them. We'll make it through their carelessness, but it'll take time.
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No, you wouldn't. You have a long history of refusing to admit that you're wrong, ever, for any reason. Hell, you're wrong right now. You explicitly assumed the stock market would keep thriving under Trump; that didn't happen, and it actually declined year-over-year in 2018.

Also, friendly reminder: Trump explicitly said he would own responsibility for the shutdown. Or have you forgotten that he said this on-camera?
 
SlowSpyder said:
If I was wrong I'd say so. The Trump tariffs are hardly being paid by Americans, we knew the moment that tariffs were implemented that there would be some ugliness before things got better. The Democrats are willing to shutdown the government over $5 billion because helping to secure our border and our country isn't worth that amount to them. We'll make it through their carelessness, but it'll take time.
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From what I have read we will not see the full effect of the tariffs for at least a year and closer to 2

But. You will just blame the democrats
 
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