Stock Market right now
- Thread starter Cat.5 Cane
- Start date
READING IS FUNDAMENTAL JOHNNY. It was due to positive vaccine news with Pfizer. Stocks that benefit from a return to normalcy like Disney, Airlines, Cruise Lines, etc... rose. Technology stocks and new age stocks like Zoom, Uber, and other stocks in tech world that favor a new way of doing business were down. The Dow JohnnyMAY is 30 companies if you didn't know and closed up 836 points. The Nasdaq was down 181 points or 1.5% today and the S&P is 500 companies it closed up 41 points or 1.4%.
Oh and Johnny the market also wants the Republicans to hold the Senate. The markets want gridlock on Capital Hill. You don't really think Corporations want there 22% tax rate to go back near 30% do you? FOOL
Every president would just lower tax rates if it was the correct call. How did Clinton and Obama's stock markets go up at all!!!! Idiot! Again you and Cash economists do not show your work....like a 5 year old would...
Too simplistic try again. Reagan lowered taxes as did Kennedy as did GW Bush I could go on. You left out lots of variables.Every president would just lower tax rates if it was the correct call. How did Clinton and Obama's stock markets go up at all!!!! Idiot! Again you and Cash economists do not show your work....like a 5 year old would...
Show your work like I did and I will pay attention.... You haven't shown us jack... I'm a tax accountant and financial advisor FYI... Weak response HJ. Like Cash you just give all of us words.... No proof
What could be more important than job growth and the stock market during a presidency??? If you wanna talk deficits good luck with Trumpf!!!!
I was trying to get this across yesterday...the politicians get richer and the American ppl get poorer and dumber
Every president would just lower tax rates if it was the correct call. How did Clinton and Obama's stock markets go up at all!!!! Idiot! Again you and Cash economists do not show your work....like a 5 year old would...
Clintons effectiveness was due to republicans winning big margins in the house and senate and forcing him to scale back his spending plans. Remember Hillary wanted to enact healthcare reform back in 1993/94 and got crushed. Republicans also forced welfare reform on Clinton. Anytime you can cutback on spending and come close to balancing budgets it’s a good thing.
Split government is good for the markets, especially when it is Rs in the house controlling the purse strings. Total government either way is a train wreck as Rs spend as much as Ds.
Repubs also shut down the Government until he signed the balanced budget. People forget that tidbit which led to the surplus and balanced budget. Now, Clinton gets credit for that.
Biden will be dribbling from the corner of his mouth and sleeping half the day away. Since we are talking the stock market people may want to look at the company that manufactures Geritol. Biden will be a spokesman for it , bank on it!
We'll at least you're not a history teacher, are you? Hope not. Your comments are jokingly simplistic and terrible look back at what really happened. Do some research guys will you from time to time?!
"Combined with a strong economy, the 1993 deficit reduction plan produced smaller budget deficits each year. In 1998, the federal government experienced the first budget surplus since the 1960s. Reflecting the perceived importance of the budget surplus, the New York Times described the end of budget deficits as "the fiscal equivalent of the fall of the Berlin Wall."
#1 Clinton's Omnibus Budget Reconciliation Act of 1993, was signed into law August 1993.....
#2 Gingrich and the GOP did not take over until.....end of 1994....
**Oh and here's a plethora of information as to where the info has come from. I don't just make shi# up on here.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia
We'll at least you're not a history teacher, are you? Hope not. Your comments are jokingly simplistic and terrible look back at what really happened. Do some research guys will you from time to time?!
"Combined with a strong economy, the 1993 deficit reduction plan produced smaller budget deficits each year. In 1998, the federal government experienced the first budget surplus since the 1960s. Reflecting the perceived importance of the budget surplus, the New York Times described the end of budget deficits as "the fiscal equivalent of the fall of the Berlin Wall."
#1 Clinton's Omnibus Budget Reconciliation Act of 1993, was signed into law August 1993.....
#2 Gingrich and the GOP did not take over until.....end of 1994....
**Oh and here's a plethora of information as to where the info has come from. I don't just make shi# up on here.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia
en.wikipedia.org
There's no response to that. All facts.
The 1993 tax hikes were just that. Clinton’s own OMB predicted 200+ billion dollar deficits for long into the future at their current spending rate which wasn’t going to change. It wasn’t until the Rs took over and forced him to cut spending was the budget actually balanced. So yes, he did effectively raise taxes and signed a crime bill into law that also infringed upon the liberties of all Americans with his gun legislation. Those two moves and Hillary’s push for socialized medicine led to the Rs picking up 8 senate seats, 54 house seats, and a bunch of state governorships as well.
We'll at least you're not a history teacher, are you? Hope not. Your comments are jokingly simplistic and terrible look back at what really happened. Do some research guys will you from time to time?!
"Combined with a strong economy, the 1993 deficit reduction plan produced smaller budget deficits each year. In 1998, the federal government experienced the first budget surplus since the 1960s. Reflecting the perceived importance of the budget surplus, the New York Times described the end of budget deficits as "the fiscal equivalent of the fall of the Berlin Wall."
#1 Clinton's Omnibus Budget Reconciliation Act of 1993, was signed into law August 1993.....
#2 Gingrich and the GOP did not take over until.....end of 1994....
**Oh and here's a plethora of information as to where the info has come from. I don't just make shi# up on here.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia
No, Bill Clinton Didn't Balance the Budget
www.cato.org
No, Bill Clinton Didn't Balance the Budget
www.cato.org
Sorry they don't teach conspiracy theories from Conservative think tanks at any universities. And written by Stephen Moore, a quack that no decent economist agrees with anywhere. Why do you think he wasn't allowed to be a Fed member as much as Trumpf supported him.
#KeepDigging
The fact is wages for the median individual grew at the fastest rate in over 40 years so far in the DJT Presidency. That's a fact not hyperbole, and comes from the Federal Reserve's data base.
DJT is also the only Pres. in 40 years that hasn't led the US into a new armed conflict.
Middle East Peace Treaty
First Pres to actually stand up to China and our trading partners for fairer trade, not just free trade
Lowest jobless rate prior to pandemic in history for the country as a whole but especially minorities
Led Pharma to produce a vaccine in record time for the first major pandemic in 100 years through operation warpspeed. Every previous vaccine took on average 12 years. We have never previously produced a vaccine for a corona virus, this was done in 8 Months, (and conveniently announced 1 week after the election).
I think most will agree that he has a REALLY caustic personality, rubs many the wrong way and is a egomaniac. Looked at objectively most would also have to agree his policies have helped more citizens than any recent Pres.
