Your are a foolish clown, dead2. The dow continued to fall the first few months of the Obama administration because of the economic collapse under GWB. Had to stabilize the freefall before things could get better.
Again, the dow went from 6450 to 19887 under Obama. You lie just like Trump.
I don't think Obama should be given that much credit for the stock market's gains during his term. The market went up largely as a result of the federal reserve's quantitative easing, which made stock buybacks incredibility inexpensive to finance, and artificially low interest rates which forced savers into the markets in search of returns.
The fed would've likely taken the same action had Romney been elected. Although the president appoints the chairman of the federal reserve, the banks really call the shots. Who knows if Trump is willing to stick his neck out by going against them though. If he does, he just might find himself Kennedy'd..
>>> The market went up largely as a result of the federal reserve's quantitative easing, which made stock buybacks incredibility inexpensive to finance, and artificially low interest rates which forced savers into the markets in search of returns.
I have an alternative hypothesis.
My hypothesis is that the stock market went up because GDP and corporate profits went up.
My hypothesis has the virtue of simplicity and testability:
A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.
The number of women in part-time jobs has doubled in the eight years of President Barack Obama’s tenure, because his management of the economy has produced very few new full-time jobs, according to a new report by left-wing academics.
Essentially, nearly all of the jobs created in the last decade were not traditional nine-to-five jobs, the report showed.
If it were cut to 25%, that would increase after-tax profits by 15.4%*.
If the market thinks there is a 50% chance of a 10% corporate tax cut, the market should be** up by 1/2 of 15.4%, or 7.7%, just because of Trumps pledge to cut corporate taxes.
*Assuming corporations currently pay 35%, the increase would be from 65% to 70% of pre-tax income.
The reason Buffet says stay cool is because he stands to lose a ton. He gives much so i have no issue with him. As powerful as he is though, I bet he is sweating it behind the scenes. I didnt have a chance to read the links yet, will do
thanks w. steve. The Bloomberg piece sums up my concerns well. And im just a middle class american hoping to be able to retire someday. The economy is important to everyone, not just 1%ers
it's tough to time markets. Probably the best approach is to buy quality stocks regularly and never sell.
By this I mean S&P 500.
I try to be a little fancier by owning a lot of individual stocks, but this requires time and effort and skill...and I'm not so sure about my "skill"...my goal is to match S&P returns with less "risk", meaning I own pretty much blue chip stocks with cash flow sufficient to both pay and grow the dividend...and everything I own pays decent dividends other than Berkshire.
I think about raising more cash, but I'm pretty comfortable with the long-run safety of most of my investments. For example: Berkshire, GE, Altria, Clorox, JNJ and Intel are my largest positions. To be clear, I am NOT saying these six stocks are cheap...just saying I'm comfortable owning them for decades.
Top of Page Bottom of Page PermalinkFull Name: nebulous nelly
The dow went from 6450 in
The dow went from 6450 in March 2009 to 19887 under Obama.
http://money.cnn.com/2017/01/10/investing/obama-stock-market-trump/
Top of Page Bottom of Page PermalinkFull Name: Dead Dead
The Dow’s biggest surge came
The Dow’s biggest surge came under this president..Donald J Trump
Trump-Fueled Dow Clears 20,000 Mark
TRUMP vs OBAMA: Dow Plummeted After Obama’s Election – Hits New Record High After Trump Election
The Trump win is already reaping rewards for many Americans.
yes we can
Top of Page Bottom of Page PermalinkFull Name: nebulous nelly
Your are a foolish clown,
Your are a foolish clown, dead2. The dow continued to fall the first few months of the Obama administration because of the economic collapse under GWB. Had to stabilize the freefall before things could get better.
Again, the dow went from 6450 to 19887 under Obama. You lie just like Trump.
Top of Page Bottom of Page PermalinkFull Name: Lassen
I don't think Obama should be
I don't think Obama should be given that much credit for the stock market's gains during his term. The market went up largely as a result of the federal reserve's quantitative easing, which made stock buybacks incredibility inexpensive to finance, and artificially low interest rates which forced savers into the markets in search of returns.
The fed would've likely taken the same action had Romney been elected. Although the president appoints the chairman of the federal reserve, the banks really call the shots. Who knows if Trump is willing to stick his neck out by going against them though. If he does, he just might find himself Kennedy'd..
Top of Page Bottom of Page PermalinkFull Name: Johnny D
I'll give credit where credit
I'll give credit where credit is due. The Dow went up once Trump was elected.
We'll see if this continues now that he is implementing his policies.
Good for Wall Street, right?
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
>>> The fed would've likely
>>> The fed would've likely taken the same action had Romney been elected.
Would Romney have signed the ARRA (stimulus) and the ACA?
So Obama gets no credit for stock market increases? K.
Given that argument, I presume that Obama also deserves no credit for the number of new jobs created?
But we can blame him for low GDP growth, right?
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
>>> The market went up
>>> The market went up largely as a result of the federal reserve's quantitative easing, which made stock buybacks incredibility inexpensive to finance, and artificially low interest rates which forced savers into the markets in search of returns.
I have an alternative hypothesis.
My hypothesis is that the stock market went up because GDP and corporate profits went up.
My hypothesis has the virtue of simplicity and testability:
https://fred.stlouisfed.org/graph/?g=cue2
Top of Page Bottom of Page PermalinkFull Name: Dead Dead
Top Ex-White House Economist
Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time
http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admit...
A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.
https://www.investing.com/news/economy-news/nearly-95-of-all-job-growth-...
The number of women in part-time jobs has doubled in the eight years of President Barack Obama’s tenure, because his management of the economy has produced very few new full-time jobs, according to a new report by left-wing academics.
Essentially, nearly all of the jobs created in the last decade were not traditional nine-to-five jobs, the report showed.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
p.s. the corporate tax rate
p.s. the corporate tax rate is 35%.
If it were cut to 25%, that would increase after-tax profits by 15.4%*.
If the market thinks there is a 50% chance of a 10% corporate tax cut, the market should be** up by 1/2 of 15.4%, or 7.7%, just because of Trumps pledge to cut corporate taxes.
*Assuming corporations currently pay 35%, the increase would be from 65% to 70% of pre-tax income.
**All else equal :)
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
sorry, typo in above.
sorry, typo in above. Correctling and expanding slightly:
*Assuming corporations currently pay 35%, the increase would be from 65%
to 70%to 75% of pre-tax income.(an increase of after-tax income from 65% of pretax income to 75% of pretax income is a 15.4% increase in after-tax profits)
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
worth a quick read:
worth a quick read:
http://thereformedbroker.com/2017/01/30/stock-markets-and-the-rule-of-law/
Top of Page Bottom of Page PermalinkFull Name: _
Buffet says continue to buy
Buffet says continue to buy and hold. US has the "secret sauce" and will survive Trump.
>> The valuation of firms in any market also depends on the degree to which investors’ rights are protected.
I agree he's destabilizing the market. But so what? You're not adjusting your allocations I assume? If I can't trade on it, what does it matter?
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
I'm still about 92% equities,
I'm still about 92% equities, Ender.
Like Buffett, I bet on The United States, not politicians.
But if Trumpkins beat the Constitution, the market will sink like a rock.
I'm betting on the Constitution.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
worth a quick read: https:/
worth a quick read: https://www.bloomberg.com/news/articles/2017-01-31/dalio-says-trump-s-po...
Top of Page Bottom of Page PermalinkFull Name: Fly
The reason Buffet says stay
The reason Buffet says stay cool is because he stands to lose a ton. He gives much so i have no issue with him. As powerful as he is though, I bet he is sweating it behind the scenes. I didnt have a chance to read the links yet, will do
Top of Page Bottom of Page PermalinkFull Name: Fly
thanks w. steve. The
thanks w. steve. The Bloomberg piece sums up my concerns well. And im just a middle class american hoping to be able to retire someday. The economy is important to everyone, not just 1%ers
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
it's tough to time markets.
it's tough to time markets. Probably the best approach is to buy quality stocks regularly and never sell.
By this I mean S&P 500.
I try to be a little fancier by owning a lot of individual stocks, but this requires time and effort and skill...and I'm not so sure about my "skill"...my goal is to match S&P returns with less "risk", meaning I own pretty much blue chip stocks with cash flow sufficient to both pay and grow the dividend...and everything I own pays decent dividends other than Berkshire.
I think about raising more cash, but I'm pretty comfortable with the long-run safety of most of my investments. For example: Berkshire, GE, Altria, Clorox, JNJ and Intel are my largest positions. To be clear, I am NOT saying these six stocks are cheap...just saying I'm comfortable owning them for decades.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
This is a nice read on the
This is a nice read on the "risk" of owning Berkshire: https://www.fool.com/investing/2017/01/24/how-risky-is-berkshire-hathawa...
Top of Page Bottom of Page PermalinkFull Name: _
>> The reason Buffet says
>> The reason Buffet says stay cool is because he stands to lose a ton.
I read this sentence a few times and it still makes no sense to me.
I genuinely think that Buffet is trying to remind people not to think in the short term