Trump Tips Dow to 20K

Discussion in 'Political Issues' started by callihan_44, Jan 25, 2017.

  1. callihan_44

    callihan_44 INFIDEL

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    http://www.foxbusiness.com/markets/...policy-follow-through-propels-dow-to-20k.html

    After a brief hiatus, the Dow Jones Industrial Average resumed its march toward 20000, crossing the elusive milestone on Wednesday as President Donald Trump demonstrates his seriousness about fulfilling campaign promises of lower taxes, less regulation, and more fiscal spending.

    we still are not out of the woods and still face potential disaster but the left likes to point out how well the stock market is doing under Obama so will they applaud trump?? nope
     
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  2. Pythonman

    Pythonman

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    I had to laugh yesterday as NeverTrumper Charles Gasparino claimed the Trump bump had already peaked! With only two days of being POTUS his stockmarket boom had already peaked and that's all we were going to get? Same Gasparino that said no way Trump would win back in September. Listen here Chucky-boy, 20,000 is just the beginning!
     

  3. robhic

    robhic I'm your huckleberry.... Platinum Member

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    I hope "just the beginning" is correct. If it can stay there (yep the bump was nice!) I like it as ONE MORE positive move by Trump's victory. Must be difficult for the leftistas to come up with all the nonsense needed to spin Trump's effect for GOOD after 8 yrs of BAD!!! Bet they can't sleep much.... ;)
     
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  4. ThunderTrumped

    ThunderTrumped

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    [​IMG]
    up 1600pts since election.
    im befuddled myself.. but MAGA anyways
     
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  5. Dave Brubaker

    Dave Brubaker

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    This is what can be accomplished when there is a proper president. A proper president, not a socialist or a communist or an islamaphile.

    It's a great time to be an American.
     
  6. wnr700

    wnr700

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    Nobody rings a bell at the bottom or the top.

    By all historical norms the market is over valued.

    Not unlike 1999-2000 when an already expensive Nasdaq doubled in value... you could see a continued rise in the market.

    Be wary...
     
  7. jeanderson

    jeanderson Making America great again! Platinum Member

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    Many things affect equity prices. One key factor is earnings. If Trump keeps his promise to cut corporate taxes, earning will naturally increase. That will lead to an increase in stock values. Overall, I'm bullish on stocks.
     
  8. Sharkey

    Sharkey

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    Damn him!!!!!!!
     
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  9. snerd

    snerd Horselover Fat

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    Same Chuck who tweated on Twitter that the media was simply going to "have to" look into the radical left. I tweeted him back.................. Fool! The media IS the radical left lol!! Also got a "Like" on Twitter from Uncle Ted the other day. Pretty cool.
     
  10. Silvertiger27

    Silvertiger27

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  11. JBnTX

    JBnTX

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    20,000 is no more a "milestone" than 19,999 or 20,001 is.
    It's just a number that means nothing.
     
  12. TF2Addict

    TF2Addict

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    If Trump is responsible for the last few months of the market then Obama is responsible for the Dow going from 8000 when he took office to almost 20000 when he left.
     
  13. ThunderTrumped

    ThunderTrumped

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    he is also responsible for it going to 6500.
    every hear a President come out on live tv and say 'now would be a good time to buy stocks' when he doesnt even know the definition of the term PE. price to earnings ratio.
    Obamas rally and the Fed printing will come back to haunt us one day. But it will all be Trumps fault when it happens. or thats what well be told.
    Obama has left a mess that will not be felt for quite some time.
    the dow should be nowhere near 20k
     
  14. Paul7

    Paul7

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    Probably Obama will take credit for it.
     
  15. vote Republican

    vote Republican White and nerdy Silver Member

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  16. DonGlock26

    DonGlock26

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  17. mboylan

    mboylan

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    The Trump rally is more of an expectation of decreased regulation and taxes. Any serious protectionist action will crash the market.