The stock markets aren't happy with the election results.

Discussion in 'Blazers OT Forum' started by blazerboy30, Nov 7, 2012.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    It will surely happen by 2020. That's when the near 0% interest payments on the Obama/Pelosi/Reid debt will be bigger than defense spending. It's going to crowd out so much govt. spending that this sequester thing is going to look rather puny (it is puny anyway).

    And Progressives will be out there demanding we triple taxes on the rich to pay just for the interest payments. Triple would be > 100% tax rate.
     
    Denny Crane, Feb 26, 2013
    #201
  2. The_Lillard_King

    The_Lillard_King Westside

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    OK help me out and boil this down to one simple answer: Is the OP right when he says the stock markets aren't happy with the election results?
     
    The_Lillard_King, Feb 27, 2013
    #202
  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Yes, the OP was right. However, the markets often factor in good and bad news over the long haul.

    Also, with the fed keeping interest rates near zero, there really isn't a place to keep your savings (outside the stock market) that's liquid and gets you a return that beats inflation.
     
    Denny Crane, Feb 27, 2013
    #203
  4. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    http://www.telegraph.co.uk/finance/...m-looms-next-as-central-banks-exhaust-QE.html

    :MARIS61:
     
    EL PRESIDENTE, Feb 27, 2013
    #204
  5. drexlersdad

    drexlersdad SABAS

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    so the bankers that run the fed have 2.9 trillion dollars...and rising by 85 billion dollars a month...

    good for them?
     
    drexlersdad, Feb 27, 2013
    #205
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    They PRINTED $2.9 trillion. You can't create wealth out of thin air.

    Inflation is, by definition, too many dollars chasing after too few goods.

    If they didn't print that $2.9T and $85B more every month, the national debt would increase by those amounts.
     
    Denny Crane, Feb 27, 2013
    #206
  7. blazerboy30

    blazerboy30 Well-Known Member

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    Like I said already in this thread... the initial reaction to the election was a drop in the stock market. There is a lot of new public information available since the election. You didn't think that sentiment in the stock market remains constant indefinitely did you?
     
    blazerboy30, Feb 27, 2013
    #207
  8. STOMP

    STOMP mere fan

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    bump. 4 months later & I'm up over 12%... should I blame Obama?

    STOMP
     
    STOMP, Mar 11, 2013
    #208
  9. Further

    Further Guy

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    I think you have to blame him, it's only fair.
     
    Further, Mar 11, 2013
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  10. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Well, yes. Since he is keeping bernanke in, fueling this bubble.
     
    EL PRESIDENTE, Mar 11, 2013
    #210
  11. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    So what happens if you go up 100%, the bubble bursts, and stocks lose 50%?
     
    Denny Crane, Mar 12, 2013
    #211
  12. blazerboy30

    blazerboy30 Well-Known Member

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    Again...

     
    blazerboy30, Mar 12, 2013
    #212
  13. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    You're up 50%. Oh wait, math. Fuck, I need coffee.

    But when was the last time post-SEC that the market lost 50%? Not 30%, but a real 50% of its value.
     
    BlazerCaravan, Mar 12, 2013
    #213
  14. blazerboy30

    blazerboy30 Well-Known Member

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    blazerboy30, Mar 12, 2013
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  15. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    How quickly I forget. Ah well. Like I said, I need coffee. Did the NYSE fall 50% in that time?
     
    BlazerCaravan, Mar 12, 2013
    #215
  16. BLAZINGGIANTS

    BLAZINGGIANTS Well-Known Member

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    Are there really people out there that are still Obama fans?
     
    BLAZINGGIANTS, Mar 12, 2013
    #216
  17. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    His approval ratings are dropping in the recent polls. To the point Republicans in congress are viewed as better to deal with the economy and budget.
     
    Denny Crane, Mar 12, 2013
    #217
  18. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    Looks like you'd probably have some time to get out, if it took a year last time to drop 50%.
     
    BlazerCaravan, Mar 12, 2013
    #218
  19. The_Lillard_King

    The_Lillard_King Westside

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    What are his approval ratings . . . I'm curious to the official answer of how many people are still Obama fans?
     
    The_Lillard_King, Mar 12, 2013
    #219
  20. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    You type this with one hand? :ghoti:
     
    BlazerCaravan, Mar 12, 2013
    #220
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