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2017 Trump Presidency Thread

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I just can't wait to get Bob Corker out of the senate in 2018. Also Flake, McCain, Collins, and a few others have got to go. No more RINOs, that's what is really killing us. If the economy is doing well, Trump will have zero difficulty winning reelection in 2020 imo. Hearing y'all two bicker reminds me of all the folks up in Canada that I work with, they have trump derangement syndrome bad up there lol
 
We arent bickering. You also never responded about how little the president affects the stock market or how returns in the past 10 years are pretty much the same.
 
Lol what? The stock market is only booming right now bc of the speculation of what trump will do. Well they also like that he is slashing regulation at a record pace. Did you see it hit 24000 yesterday after it was reported that the tax plan goes through. You don't find it suspect that we had 1.5% growth most quarters with obama, now all of the sudden we are having 3+. This isn't rocket science, business responds to a friendly environment. We can argue about how friendly we want to get, but it's obvious the policies of the president are effecting market speculation. Unless something else is effecting it?
 
GDP and the stock market arent the same. Go look at the charts. You would be doing just as well from 2009 to 2016 as you are now if you put your money in an index fund.
 
Kittycat5 said:
GDP and the stock market arent the same. Go look at the charts. You would be doing just as well from 2009 to 2016 as you are now if you put your money in an index fund.
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GDP is not as measurable/ reactive in the short term. I can speculate that we will have a higher GDP six months after these tax cuts have been implemented. We will just have to wait and see, but fresco above is right.
 
In a way yes but its more the markets move on GDP and broader economic info than the markets effecting GDP. Ill give you the psychological aspects of a president doing anything to stocks but its short term.
 
Theyve mostly priced the tax breaks into the market anyway. You should probably sell if you really think the way you do. Market cap to GDP is really high. Higher than 2007 and look what happened in 2008.
 
Kittycat5 said:
Theyve mostly priced the tax breaks into the market anyway. You should probably sell if you really think the way you do. Market cap to GDP is really high. Higher than 2007 and look what happened in 2008
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Recessions (like housing market corrections) are inevitable. Very little Presidents can about them since they usually happen every 10 years or so.

So I guess we are due for one soon, lets hope this one is a mild version of 2008
 
Fresco said:
Recessions (like housing market corrections) are inevitable. Very little Presidents can about them since they usually happen every 10 years or so.

So I guess we are due for one soon, lets hope this one is a mild version of 2008
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Right but it also works the other way too in regards to the president.
 
Kittycat5 said:
Theyve mostly priced the tax breaks into the market anyway. You should probably sell if you really think the way you do. Market cap to GDP is really high. Higher than 2007 and look what happened in 2008.
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We are set for a bubble to burst. My money's on the student loan debt bubble. Fuck it I wouldn't mind seeing things burn for a bit. No, I see what you are saying, but I think your judgment should be held until these policies have been implemented for some time.
 
Kittycat5 said:
In a way yes but its more the markets move on GDP and broader economic info than the markets effecting GDP
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No sorry Kitty, but you have that exactly the other way around: https://www.investopedia.com/ask/an...-market-affect-gross-domestic-product-gdp.asp

The stock market affects gross domestic product (GDP) primarily by influencing financial conditions and consumer confidence. When stocks are in a bull market, there tends to be a great deal of optimism surrounding the economy and the prospects of various stocks. High valuations allow companies to borrow more money at cheaper rates, allowing them to expand operations, invest in new projects, and hire more workers. All of these activities boost GDP.

In this environment, consumers are more likely to spend money and make major purchases, such as houses or automobiles. With stock prices in bull mode, they have more wealth and optimism about future prospects. This confidence spills over into increased spending, which leads to increased sales and earnings for corporations, further boosting GDP
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TL;DR the more money people making from their stocks, the more goods they start buying, which means the country has to produce more goods = higher GDP
 
Sure. Even just the current growth/decline in GDP is enough to get markets moving. But also numbers and statements like inflation, consumer confidence, Fed policy changes.
 
Kittycat5 said:
GDP and the stock market arent the same. Go look at the charts. You would be doing just as well from 2009 to 2016 as you are now if you put your money in an index fund.
Click to expand...

Very true, 10 years ago we had a declining GDP, rising unemployment and at the same time record high dow and s&p........which all points to an artificially produced bubble guaranteeing a recession at best.

That bubble was based on the subprime colossus, as war didn't enrich the entire country the way the tech bubble had in the 90's.

With our GOAT President it's the opposite, record high drop in unemployment (one week was at a 40+ year low), rising GDP 8o which will equate to more lending and more building = more jobs and MAGA hard. Its absolute proof that MAGA is possible and happening at break neck speed.



So long as he does not start an unnecessary war I would say we're good for at least the next 5 years.

If I were a betting man I would say that the overall market is overvalued but 20%, but again so long as war doesn't break out that could too disappear in the next 5 years.
 
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alasdairm said:
not much discussion of the flynn deal.

is this still a nothingburger? flynn admitted to lying to the fbi about his contact with the russians and claims - a claim to which he is apparently willing to testify - that trump personally directed him to make contact with the russians during the campaign.

manafort...
papadopoulos...
flynn...

there is absolutely nothing here? i think things just got a lot worse for trump...

alasdair
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nothingburger lol that's a good one.

kic8lgiwge101.jpg
 
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