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Trump knows that the only reason Obama had any kind of a weak recovery is because the Feds cut the interest rate to nothing. Imagine if Obama slashed regulations and dropped the corporate rate to 21%... Trump wouldn't be president because the Dems would have proven that they understand how the economy works.homeagain wrote: www.cnbc.com/2019/08/01/prospective-fed-...tion-like-1930s.html
Gee, global concerns CONTINUE to be forthcoming..........WTH is the king thinking? that HE
AND ONLY HE can control the currency?
And the market EXPECTS another rate cut......300 pts WTH is wrong with this picture....POWELL
is being Played OR the gurus are clueless........how can ANY intelligent person believe we are
economically sound.......it is incomprehensible jmo
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Rick wrote:
Trump knows that the only reason Obama had any kind of a weak recovery is because the Feds cut the interest rate to nothing. Imagine if Obama slashed regulations and dropped the corporate rate to 21%... Trump wouldn't be president because the Dems would have proven that they understand how the economy works.homeagain wrote: www.cnbc.com/2019/08/01/prospective-fed-...tion-like-1930s.html
Gee, global concerns CONTINUE to be forthcoming..........WTH is the king thinking? that HE
AND ONLY HE can control the currency?
And the market EXPECTS another rate cut......300 pts WTH is wrong with this picture....POWELL
is being Played OR the gurus are clueless........how can ANY intelligent person believe we are
economically sound.......it is incomprehensible jmo
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[/b]Rick wrote: Believe it or not I agree that the rate shouldn't be cut right now, just like it shouldn't have been cut so low for so long under Obama because it's really going to be needed as a tool if a Dem gets elected. If one of these nutters gets elected that want to make everything free for everyone the economy will crash again and our tools to fix bad policies will be very limited.
I would say that it will help to keep the US on this economic roll while some of our allies that Dems look up to have negative rates and are floundering. The very last thing Dems want is for the economy to still be doing well when we go into the 2020 election so I understand your concern for continued economic growth.
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Rick wrote: Believe it or not I agree that the rate shouldn't be cut right now, just like it shouldn't have been cut so low for so long under Obama because it's really going to be needed as a tool if a Dem gets elected. If one of these nutters gets elected that want to make everything free for everyone the economy will crash again and our tools to fix bad policies will be very limited.
I would say that it will help to keep the US on this economic roll while some of our allies that Dems look up to have negative rates and are floundering. The very last thing Dems want is for the economy to still be doing well when we go into the 2020 election so I understand your concern for continued economic growth.
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homeagain wrote: markets.businessinsider.com/news/stocks/...ls-2019-3-1028019360
SECOND warning from business insider......yield curve was a concern late FEB.
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[/b]homeagain wrote: www.bloomberg.com/news/articles/2019-07-...next-credit-downturn
last of 3Q crawling into Q4 because of irrational exuberance and an idea that the money train will NEVER end.
In mid 2007 I watched in real time the on coming train wreck.....wanted to sell the house then,
husband no..
.interest rates were going down,I said we will revisit this if they continue to slide.
By Oct 2007 I told my SO ....we will NEVER get our equity out if we don't do it NOW.....house on
market in Nov...sold in 8 hours, closed on Dec.7 2007....full price offer...equity IN TACT and
then the market moved so radically everyone was STUNNED...I watched ING AND LEHMAN
go down in flames in real time.....the GREAT RECESSION was officially declared in 2008,but
financial records show DEC. 2007 WAS THE GENESIS.......
if a survivor of Lehman is laying out a warning........WHAT does that mean to you?
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