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Christmas Eve Stock Market Crash Maga Edition.

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posted on Dec, 25 2018 @ 10:28 AM
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When the economy was doing great for the last 2 years in spite of the fed hiking the interest rates every 2 months, it was not because of trump but now the bad turn is his fault right?

Lol so dumb




posted on Dec, 25 2018 @ 10:40 AM
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originally posted by: poncho1982
a reply to: soundguy

The stock market has been dropping steadily since the Dems were elected to take over the House in November.

But do go on placing false blame.


I wonder if you can see the delicious irony in your post?



posted on Dec, 25 2018 @ 12:14 PM
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I am amazed how short-sighted some people can be.

First of all, the stock market is not the economy. It is a part of the economy that can be easily tracked, and it gets a lot of attention because it's one of the more lucrative investment vehicles, but all in all it's simply an investment vehicle to let businesses acquire funds. If I have a business and I need money, I incorporate and issue stock. People can buy that stock and I have the money I need for the business. Those who bought now own a part of my business profits. It's that simple. If my business looks like it will do good, people will pay more for my stock; if it looks like I won't do good, they won't; if it looks like I might have to close my doors, everyone who has stock wants to sell it. The stock price goes up and down based on that.

As long as people start businesses that make a profit, there will be a stock market.

There are several reasons why the market goes up or down. New inventions increase the possibility of a business doing great and raise the price of their stock. Large trades can give other investors a false sense of what the future holds... that's the machine trading we hear about. A raise in interest rates will almost always drop stock prices, because businesses borrow money for short-term needs as opposed to issuing stock, and that means less profit. Politics plays a role too, but it's not whether someone likes a candidate... it's more whether people think the future political climate will be good for business.

Here we have the end-of-year machine trading as investment companies try to balance their books, plus a hike in interest rates, plus a new Democratic House taking office soon. Investors apparently think that's bad for business. If one wants the market to go up and pad that pretty little 401k account, they have to do something that is good for business.

The market went up after the 2016 elections. We now have that new Democratic House that is promising, at the top of their voice, to spent all their time investigating and hopefully removing Trump as President instead of passing budgets and making things easier on business. So the market drops, duh. Investors get worried the businesses might lose money.

I find it strange that many of those who regularly blast Trump for being pro-business are now lambasting him for the stock market going down, after voting for and campaigning with all their might for anti-business policies. You don't get it your way... this ain't Burger King. You get it the way it works or you don't get the sonova biscuit.

TheRedneck



posted on Dec, 25 2018 @ 12:44 PM
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originally posted by: snarfbot
When the economy was doing great for the last 2 years in spite of the fed hiking the interest rates every 2 months, it was not because of trump but now the bad turn is his fault right?

Lol so dumb


H’mmmm I’m guessing the talking point, meme generating people are off today?



posted on Dec, 25 2018 @ 12:48 PM
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originally posted by: Mandroid7
The stock market needs to close.

People need to make money by producing value, not this giant middle-man econ bs we have going now.

Take Lowes and home Depot, for example.

Absolute garbage products. Everything is going towards the crappy Chineese business model.

The trend is racing towards a disposable rice box facade of a product, while steadily increasing prices. In some cases up to 3 times the price, while the difference is sent to share holders.

The stock market is half the reason we are living in the United States of Walmart now.

Money for nothing and chicks for free.

merry xmas yall



Good Post.
Main Street used to be more important than Wall Street back in the day especially when 1/3 of the country did not have stocks on wall street and when most small business did not either. Mom and Pops and many small business gave back to their community and to their workers and were not beholden to wall street.

Now all we hear is what about the shareholders.
Squawk
What about the shareholders.
Squawk!



posted on Dec, 25 2018 @ 01:50 PM
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You guys didn't complain when the stock market went up because of Trump's presidency. Dumb snowflakes thinks the market only goes up? You're sheeple. Whatever the propaganda-driven MSM says in falsely blaming POTUS for EVERYTHING, you base your opinion on. Pretty sad.



posted on Dec, 25 2018 @ 02:46 PM
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originally posted by: toysforadults
a reply to: Vroomfondel

the market isn't reacting organically to market fluctuations due to the Fed policy and purchasing up everyone's bad debt

it's got the markets completely fake. this is not a capitalist system is neo-socialist. if the kensyians would allow the market to crash and smarter people to buy up all the cheap assets and build new companies like they should we would have a WAY WAY WAY better economy

this is not an organic market so traditional rules of capitalism do not apply it's propped up by central banks in a you can't fail system that's broken and why my generation is f***** in the long term

thanks guys keep voting these people in


I agree with you right up to the outcome. The market is fake and manipulated. However, it is the same market it has always been - fake and manipulated in one way or another. Granted its worse now than ever before, at least that I am aware of. But that also means that the same tactics that worked in the past will continue to work until something changes on the most basic level. it will take an economic evisceration to force the old school to abandon the traditional market ways and adapt to something new. And I am willing to bet TPTB will have the same choke hold on the new system they had on the old one so nothing much will really change. The rich will continue to get richer and the poor will continue to be cannon fodder for the elite wealth wars.



posted on Dec, 25 2018 @ 02:54 PM
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originally posted by: gortex
a reply to: soundguy

650 points is a heavy drop , perhaps the President should stop tweeting stuff like this now.

The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!
twitter.com...

He just keeps shooting himself in the foot


^You translate all that nonsense into Trump crashing the stock market? That is some amazing delusional architecture!



posted on Dec, 25 2018 @ 02:56 PM
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a reply to: soundguy
libtards will grasp at any straw to bash trump...i suggest to the OP he look to the fed reserve for his answers..clear case of TDS...
edit on 25-12-2018 by SwiftBear because: (no reason given)



posted on Dec, 25 2018 @ 03:04 PM
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a reply to: NoCorruptionAllowed

No , he didn't crash the market but his comments plus the shutdown have created uncertainty which resulted in the selloff.



posted on Dec, 25 2018 @ 03:08 PM
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originally posted by: gortex
a reply to: NoCorruptionAllowed

No , he didn't crash the market but his comments plus the shutdown have created uncertainty which resulted in the selloff.


It's likely not his comments. Just the shutdown and many other market factors. People are bashing the FED every day of the week with no market corrections big or small. But don't let the truth get in the way of your Trump derangement syndrome.

edit on 25-12-2018 by NoCorruptionAllowed because: (no reason given)



posted on Dec, 25 2018 @ 03:18 PM
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a reply to: TheRedneck




I find it strange that many of those who regularly blast Trump for being pro-business are now lambasting him for the stock market going down, after voting for and campaigning with all their might for anti-business policies. You don't get it your way... this ain't Burger King. You get it the way it works or you don't get the sonova biscuit.

TheRedneck


you aren't making a free market argument are ya? cause you know as well as I do that free market fundamentals do not apply to this market especially wall street

that can't be possible when the government is handing out corporate welfare to most business's and tax breaks to some but not others. can't be possible when the Fed is buying up all the bad debt and increasing the money supply and leading to inflation

these aren't free market fundamentals



posted on Dec, 25 2018 @ 03:23 PM
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a reply to: Vroomfondel

we may diverge in our thinking here which is fine because it's speculative thinking..

however I think there are market forces at work beyond the normal power of the usual Kensyian model that's been bailing out everyone out and keeping the system afloat

the drive towards automation is going to create a new unusual force that makes us adapt

I type this as I sit here writing code for a Python tool that automates the configuration of network operations



posted on Dec, 25 2018 @ 03:31 PM
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Comical when people blame the “Dems” or “Repubs”, goes to show the ignorance in how # really works.



posted on Dec, 25 2018 @ 03:47 PM
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a reply to: toysforadults

You will get no argument from me on the subject of automation. I couldn't agree more.

This economy is basically a giant ponzi scheme that has been kept afloat by artificial means for some time now. You simply can not solve a credit crisis with more credit. It just doesn't work. As long as there is money to be made, and I believe there is, TPTB won't abandon it. But when they finally do they will be sure to have their fingers in whatever scheme replaces it.



posted on Dec, 25 2018 @ 04:23 PM
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originally posted by: andrewh7

originally posted by: incoserv

originally posted by: soundguy
It looks like tRump can place another feather in his cap of destruction. The Dow suffered its worst Christmas Eve loss EVER, maga, maga, maga. Are you tired of winning yet America? a nice ending to the worst December market since the depression.

...



Know what? This makes absolutely not a damn bit of difference to me!

My Christmas will continue as planned, no change. My life won't change one bit.

And I'd bet, soundguy, that yours won't, either. But, hey, if the box tells you be angry and afraid, don't dare disobey the box!

ORANGE MAN BAD!!!!!!



I don't need to watch the news. I can pull up my 401k and see a year and half of gains wiped out. It's obvious you have absolutely no retirement account or actually any long-term financial plan. Being impulsive and short sighted got us Trump as president in the first place. The guy repeatedly makes stupid mistakes and hard working people lose massive amounts of money from their savings. That's fine with you as long as your belly is filled with Trump's Kool Aid.


Bless your heart. You've been bamboozled if you think putting money into the stock market is savings. It's not. Putting the money into the stock market is gambling and like any other gambling you should wager only what you can afford to lose.

Now I know that's not what you've been told by your broker or any number of voices out there but it's the truth. If you are betting your future on the market your plan isn't sustainable----as the market has just shown you. Perhaps you weren't aware of the last time this happened? Perhaps you didn't believe it could happen again? So, what will it take to make you believe the truth of the matter?

Did you also buy into the idea that you must go deeply into debt to establish a line of credit? Bankers tell people this all the time....and they find many naive fools to believe it.



posted on Dec, 25 2018 @ 04:30 PM
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a reply to: gortex


Trump #45 did not set up the market decline... but Mnuchin did.....see:

Munchin said he spoke with the CEOs of Bank of America Corp. (BAC - Get Report) ,
Citigroup Inc. (C - Get Report) , Goldman Sachs Group Inc. (GS - Get Report) , JPMorgan Chase & Co. (JPM - Get Report) , Morgan Stanley (MS - Get Report) and Wells Fargo & Co. (WFC - Get Report) .
From those conversations, Mnuchin said, the CEOs "have not experienced any clearance or margin issues and that the markets continue to function properly."

Mnuchin's statements added to Wall Street concerns following one of the worst weeks on Wall Street in more than a decade
---> and the Mnuchin fear-mongering led to the panic selling of minus 650+ on Christmas eve of the DOW Market


imho the Fed globalist faction is joining the Dems in running riot on the Trump Economy...& the Never Before Fed inquiry into Bank Solvency issues over the weekend was Deliberately Designed to tweek the Santa-Claus Rally that usually happens...POOF another leg down the 2,000 point ladder to collapse !


edit on th31154577714025322018 by St Udio because: (no reason given)



posted on Dec, 25 2018 @ 04:36 PM
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a reply to: St Udio

I'm pretty sure the DOW is only 1% point away from actually being in an official bear market and all the other index are well into it

oddly enough silver and gold just start moving sometime around last week, if you are holding mining stocks you should be doing ok right now



posted on Dec, 25 2018 @ 05:23 PM
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a reply to: toysforadults


you aren't making a free market argument are ya?

Define 'free market.'

Sure corporate welfare affects it. So do government regulations. In that respect, I guess one could say it is not really a 'free market.' But when it comes to the capitalistic mechanics at work, it certainly is. So that would depend on your definition of 'free market.'

Of course, I have heard some who apparently think 'free market' means an economy which always goes up, never down, there is no inflation and everyone has a job...

TheRedneck



posted on Dec, 25 2018 @ 05:25 PM
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a reply to: TheRedneck

how can free market principles apply to a market that isn't free?

that doesn't make sense. you can't apply the principles to a system that isn't using them







 
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