The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on April 06, 2018, 01:37:47 PM
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spanone (103,299 posts)
Thanks don, the Dow is now -553 and falling
all because you are such a tough ignorant asshole
https://upload.democraticunderground.com/100210457705
I would rather have a tough ignorant asshole then a ***** like Obozo.
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So what? Long term, DUmbass.
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So what? Long term, DUmbass.
Exactly. Could be a buying opportunity in a few.
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So what? Long term, DUmbass.
More than Dumb! The market is completely open to manipulations which will cause falls and rises: anyone who thinks that anti-Trump/anti-American forces do not have the power to cause temporary crashes and "irrational" peaks in the stock market has not been paying attention.
During MAObama's years, practically daily, around 3:00-3:30 P.M. massive buying would occur to bring up the market if it had fallen too much for comfort.
From 18 months ago:
The Federal Reserve, with its bargain-basement interest rates and money printer always on standby, is manipulating financial markets and crushing capitalism, bond king Bill Gross said in his latest broadside against the U.S. central bank.
In a letter to clients, Gross addresses Fed Chair Janet Yellen directly, saying the policies she has pushed "have deferred long-term pain for the benefit of short-term gain."
The criticisms come as the Fed is weighing whether to raise interest rates after years of keeping them anchored in efforts to stimulate the economy and create inflation. Instead, Gross said, the Fed has merely inflated asset prices while actually harming the economy.
Yellen and other global central bankers "all have mastered the art of market manipulation and no — that's not an unkind accusation — it's one in fact that Ms. Yellen and other central bankers would plead guilty to over a cocktail at Jackson Hole or any other get together of PhD economists who have lost their way," Gross wrote.
(My emphasis)
See:
https://www.cnbc.com/2016/08/31/bill-gross-the-fed-and-janet-yellen-have-mastered-market-manipulation.html (https://www.cnbc.com/2016/08/31/bill-gross-the-fed-and-janet-yellen-have-mastered-market-manipulation.html)
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Quite amusing how the DUmmies cheer the few days the market has dropped during President Trump's 1st term. They could have given two shits during the 8 years of Obama.
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be happy when it goes up, be happy when it goes down. Up is selling roadkill for millions, down is buying bugattis in the bargain bin at walmart.