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You know who actually may have been an acolyte of this guy? Iwog.
A lot of the things Eichanwald posted were eerily similar to things Iwog was saying before the election. Wish I could find the post where he said he went all cash and was predicting a massive US recession. Anyone remember those post?
Goran_K saysYou know who actually may have been an acolyte of this guy? Iwog.
A lot of the things Eichanwald posted were eerily similar to things Iwog was saying before the election. Wish I could find the post where he said he went all cash and was predicting a massive US recession. Anyone remember those post?
After Trump won, the market didn't crash, and the earth stopped warming, Iwog deleted all of his posts, tried to hack patnet, and has never been heard from again, at least not in a duck costume.
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There is some gambling logic that most of you guys don't understand.
Sometimes you get rewarded for doing the wrong thing. Sometimes you get punished for doing the right thing.
If you fold in poker, and the guy shows you a bluff, does it mean you did the wrong thing ? (of course it does sometimes)
I'm not saying that the guy was necessarily correct for selling his stocks when he did. But those people who held their stocks becasue they believed in Trump, may have been rewarded for entirely other reasons than a cause and effect of some kind of "Trump effect."
Who is President is not near the top of the list of reasons the stock market goes up or down. Although it's reasonable to fear the effect of an incompetent President on the market.
That's not to say that Trump won't get some credit for it, or that he won't get blame if there is a massive crash before his term ends.
It was clear Trump would reduce red tape, use tariffs and promote low interest. All Bullish for an economy. I'd say the effect was predictable.
mell saysIt was clear Trump would reduce red tape, use tariffs and promote low interest. All Bullish for an economy. I'd say the effect was predictable.
https://patrick.net/post/1300205/2016-12-14-the-coming-economic-boom
Ya, pretty predictable!
Unless you’re a math teacher who is terrible at math!
I'm not saying that the guy was necessarily correct for selling his stocks when he did. But those people who held their stocks becasue they believed in Trump, may have been rewarded for entirely other reasons than a cause and effect of some kind of "Trump effect."
It was clear Trump would reduce red tape, use tariffs and promote low interest.
Becasue global and domestic leaders nearly all see him as an incompetent nitwit.
Certainly he didn't screw it up.
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Actually what I've said is that the trend in economic stats is a continuation of what happened in the Obama years. Which was a recovery from the crash and the great recession.
Obama did a good job of presiding over the recovery. Certainly he didn't screw it up. But the President can only do, or not do so much. The best thing Obama did, is something Trump can not do, which is project an intelligent, stable, sober, and thoughtful, pragmatic image of U.S. leadership.
slow growth under Obama or rapid growth under Trump
zzyzzx saysWhy do you support communist slave labor from a country that doesn't care about the environment?
Still waiting on an answer for this one.
Because most lefty assholes would rather we weaken the US economy and even go into a recession so "Trump loses".
Fucking fags.
Not worth it though, if it were to lead to world war.
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Good read for those with an open mind.
https://www.nytimes.com/2019/12/05/opinion/trump-trade-tariffs.html?action=click&module=Opinion&pgtype=Homepage