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The coming economic boom!


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2016 Dec 14, 3:33pm   32,574 views  61 comments

by Shaman   ➕follow (4)   💰tip   ignore  

With the election of Donald J. Trump, the coming recession has been cancelled! Prepare now for a major economic boom as the nation roars back to economic life. Companies and individuals feel confident in investing in America once again, reassured by the incoming President that he wants to make America a business friendly country. Even before he has taken office he has taken steps to encourage companies to stay in the USA and create jobs. Taken as a total package, Trump's plan for the economy is a royal flush and markets are responding.

I'm calling it now. Boom economy starts next year!

Some reference material: http://www.breitbart.com/big-government/2016/12/14/trump-boom-companies-vow-tens-thousands-us-jobs-trump-win/

#investing

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1   RealEstateIsBetterThanStocks   2016 Dec 14, 9:15pm  

time for a real recovery which begins immediately the day useless leaves the w-house.

people and companies have been hoarding cash? they don't have faith in Obama.

2   anotheraccount   2016 Dec 14, 9:36pm  

Mark D says

time for a real recovery which begins immediately the day useless leaves the w-house.

people and companies have been hoarding cash? they don't have faith in Obama.

You forgot about 20T in debt and interest rates that just rose 110 basis points in the last 5 months.

3   Strategist   2016 Dec 15, 7:44am  

tr6 says

You forgot about 20T in debt and interest rates that just rose 110 basis points in the last 5 months.

We will still have an economic boom. The $20 trillion is affordable, and interest rates are still low.

4   Shaman   2016 Dec 15, 11:46am  

The more we boom, the less the debt matters. We might just get some good old fashioned inflation out of it too!

5   MisdemeanorRebel   2016 Dec 15, 12:50pm  

5% inflation is lovely. Enough to kept debt writers on their toes, and a little to help the debtors claw their way out. It's also a sign of real growth that is widespread and not just confined to the top 10%.

6   anonymous   2016 Dec 15, 12:56pm  

Mark D says

people and companies have been hoarding cash? they don't have faith in Obama.

26% of this country definitely don't have any faith in trump...and feel in despair - they definitely won't be investing any money

7   Shaman   2016 Dec 15, 1:28pm  

SubOink says

26% of this country definitely don't have any faith in trump...

Not sure where you're getting that number, but I suspect that's the percentage that doesn't matter. If they're poor folks then they don't have any money to invest anyway. If they're rich folks, then they're the ones who are pissed off because their wealth depends on outsourcing and H1B labor. We want these folks to be discouraged! If they stop competing as a result, that favors companies who invest in America.

8   anonymous   2016 Dec 15, 1:49pm  

Quigley says

Not sure where you're getting that number

Rough Election results:

- 48% didn't vote
- 26% Trump
- 26% Hillary

So you have 26% excited about trump...everyone else - meh! Basically the other way around then in the last 8 years.

And funny how you talk about an economic boom when the Dow has gone from 6k to 20k now...unemplyment 10% to 4.6%...15million some jobs created...etc etc...

But now we are starting a boom? Good morning!! We are 8 years into the boom..(not saying it can't continue but its funny to me how the trump campers now all of a sudden call it a boom...

One would think you can't *uck that up...we will find out soon...

9   justme   2016 Dec 15, 1:55pm  

Some people seem to think that Donald Trump is the 2nd coming of Ronald Reagan. They may be right, unfortunately.

Nothing like electing a proud and free-spending dimwit to make America proud again. Forget about the massive mistakes and crimes of war for the last 20 years, and get ready to sow the seeds for few more wars, just to show the world that we are NUMBER ONE! Also, don't forget that debt and deficit spending does not matter as long as you can feel proud about it!

10   HEY YOU   2016 Dec 15, 3:03pm  

SubOink says

Rough Election results:

- 48% didn't vote

- 26% Trump

- 26% Hillary

-26% Hillary + 2.7 million
My back of envelope ciphering came up with 140 million that didn't vote.
How many of those voted for trump? ZERO! HA!HA!HA!
LANDSLIDE! LANDSLIDE! LANDSLIDE!

11   Shaman   2016 Dec 15, 7:34pm  

SubOink says

And funny how you talk about an economic boom when the Dow has gone from 6k to 20k

The market is not indicative of a boom. More, it's indicative of the market's reluctance to take any risks with the economy, especially business creation in a United States subject to arbitrary rulings by a capricious and regulation-happy POTUS.

12   Bellingham Bill   2016 Dec 15, 8:25pm  

shows the consumer debt cycle has just crawled back up to what were recessionary levels, so there's still more boom left to go, yes.

Overall leverage is still relatively high:

so there's not going to be as much headroom this cycle.

The GOP has been throttling the economy since taking over in 2011:

gov't spending (less social security and medicare) as % of GDP

so them throwing on some fiscal expansion is certainly possible, $100B/yr or so easily.

Plus more than that in tax cuts.

I'm bullish too, but not for the bullshit reasons the OP cited.

Obama was removed as economic entity once the GOP took over the House in 2011. What followed after that was just GOP government shutdowns, fights over raising the debt limit, etc.

There will be no more fights about the debt limit, even though it will go through the roof this decade.

Funny how Breitbart isn't going to trumpet that.

annual federal deficit, 2009 dollars.

13   Bellingham Bill   2016 Dec 15, 8:27pm  

especially business creation in a United States subject to arbitrary rulings by a capricious and regulation-happy POTUS.

you've got your bullshit and you're sticking to it, I see.

14   Bellingham Bill   2016 Dec 15, 8:39pm  

Graphs can be confusing, especially to our room-temperature IQ brethren, but that one shouldn't be.

It is simply total systemic debt (not counting financial sector debt since that's double-counting) / GDP.

It shows how the great Reagan Boom was a story of debt expansion of corporations and baby boomers starting new households, and how we just borrowed ourselves out of the post dotcom recession, that continued through the Bush Boom and then bust.

Would not surprise me at all to see this start another stairstep up.

15   anotheraccount   2016 Dec 15, 8:39pm  

Strategist says

We will still have an economic boom. The $20 trillion is affordable, and interest rates are still low.

So what was the Republican debt ceiling fight all about in 2011?

16   Bellingham Bill   2016 Dec 15, 8:40pm  

tr6 says

So what was the Republican debt ceiling fight all about in 2011?

Setting up the 2012, 2014, and 2016 elections of course.

Throttle the economy and blame it the black guy.

17   anotheraccount   2016 Dec 15, 8:42pm  

Thunderlips is Tovbot2 says

5% inflation is lovely.

You are starting to lose you credibility. 5% interest rates are impossible without making middle class completely bankrupt.

18   Strategist   2016 Dec 15, 8:55pm  

tr6 says

So what was the Republican debt ceiling fight all about in 2011?

Probably old fashioned politics.

19   RealEstateIsBetterThanStocks   2016 Dec 15, 9:07pm  

economic strength is measured by income and GDP not asset prices.

20   anotheraccount   2016 Dec 15, 9:42pm  

RealEstateIsBetterThanStocks says

economic strength is measured by income and GDP not asset prices.

How about productivity growth?
GDP to debt ratio does not matter?

21   Rew   2016 Dec 16, 12:15am  

You can call it a boom. I'll call it a delay to the inevitable downturn.

Additionally the deregulation coming is going to be the likely cause of the next crash. The next leg down will be far worse because of Trump-nomics, not save us from it.

22   MisdemeanorRebel   2016 Dec 16, 8:42am  

tr6 says

You are starting to lose you credibility. 5% interest rates are impossible without making middle class completely bankrupt.

Very funny!

I manage my parents finances and basically bonds and CDs are no option, forcing me to be more aggressive with equities than I would like: They don't like real estate.

23   Strategist   2016 Dec 16, 8:54am  

Thunderlips is Tovbot2 says

I manage my parents finances and basically bonds and CDs are no option, forcing me to be more aggressive with equities than I would like: They don't like real estate.

High dividend stocks are an option in that scenario.

24   joeyjojojunior   2016 Dec 16, 8:58am  

"Very funny! I manage my parents finances and basically bonds and CDs are no option, forcing me to be more aggressive with equities than I would like: They don't like real estate."

Are you under the impression that their real rate of return will be higher if interest rates go up? I've seen no evidence that this is the case.

But, some real demand-pull inflation would definitely be welcome in our current debt based economy.

25   anonymous   2016 Dec 16, 10:34pm  

Ironman says

SubOink says

when the Dow has gone from 6k to 20k now

The DOW was at 14K before it became 6K, did you forget that?

SubOink says

We are 8 years into the boom

The DOW didn't get back to 14K until 2013 and had basically flat-lined since Fall 2014 (when QE ended). It just recently started climbing (Nov. 8th).

You are missing my point completely

26   anotheraccount   2016 Dec 16, 10:42pm  

Strategist says

High dividend stocks are an option in that scenario.

You mean like Chevron, which is trading not that far from all time high even though oil is at 52 which is a bit over 1/3 from its all time high.

27   RealEstateIsBetterThanStocks   2016 Dec 16, 11:58pm  

chevron has done well considering the low oil price and a good dividend yield.

28   Strategist   2016 Dec 19, 10:29am  

tr6 says

Strategist says

High dividend stocks are an option in that scenario.

You mean like Chevron, which is trading not that far from all time high even though oil is at 52 which is a bit over 1/3 from its all time high.

AT&T would be a good example too.

29   Shaman   2016 Dec 19, 11:42am  

Oil stocks seem like a solid bet with coming expansion of domestic production and drop in OPEC production.

30   Strategist   2016 Dec 19, 11:49am  

Quigley says

Oil stocks seem like a solid bet with coming expansion of domestic production and drop in OPEC production.

Until OPEC does what they always do. Cheat.

31   HEY YOU   2016 Dec 19, 12:16pm  

Well,the Right/Left,Up/Down,In/Out Economic THEOLOGIANS are busy predicting the future.
To not put geniuses on the spot,what will happen in the next four hours?
Critical thinkers step back & wait to see what happens.
Even they may fail to see a black swan.
I'm not concerned,there has never been a small down turn,recession or depression.

FINANCIALIZE EVERYTHING! Screw the environment & planet if it doesn't make me a buck.

32   Shaman   2017 Mar 8, 1:59pm  

Looks like the doubters were galactically wrong again!

33   zzyzzx   2017 Mar 8, 3:28pm  

SubOink says

26% of this country definitely don't have any faith in trump...and feel in despair - they definitely won't be investing any money

Generally speaking, they don't have any.

34   zzyzzx   2017 Mar 8, 3:28pm  

Quigley says

Looks like the doubters were galactically wrong again!

Obligatory:

35   Shaman   2017 Mar 8, 4:26pm  

Trump's approval rating is nearly 50%. That's better than the 40% Obama hovered at for years.

36   Strategist   2017 Mar 8, 4:29pm  

Quigley says

Trump's approval rating is nearly 50%. That's better than the 40% Obama hovered at for years.

Economic recovery right around the corner folks.
Whose fault is it, Zzyzzx?

37   Shaman   2017 Jul 15, 4:00am  

I think we should concentrate on net jobs added or subtracted. Over a million jobs go away forever every single month in America! But then we add even more on most months. Technology and automation are hell for entrenched employees, with most expected to need to retrain many times. Retail especially has been hard hit lately, mostly due to technological factors and the changing ways that consumers shop. Online shopping keeps taking larger bites out of the retail industry, causing more and more outlets to fail.

In five to ten years we will start to see truckers replaced by automation, and that 3.5 million trucker workforce will also be threatened. Will that be Trump's fault?

38   Y   2017 Jul 15, 4:55am  

Not to worry.
After we are assimilated by the islamic horde of refugees, we will be returned to the good old stone age where manual labor jobs are aplenty.,..

Quigley says

In five to ten years we will start to see truckers replaced by automation, and that 3.5 million trucker workforce will also be threatened. Will that be Trump's fault?

39   Shaman   2018 Jan 28, 5:30am  

The boom is still picking up steam. Unemployment is at record lows. Trillions in offshored money returning to the USA economy. Stock market increased over 50% in the past year!
40   Onvacation   2018 Jan 28, 8:50am  

Bellingham Bill says
Obama was removed as economic entity

He didn't build that!

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