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Unread 2020-02-24, 04:31 PM   #1
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Default Market correction 2020

After closing at more than 1,000 points down, experts are whispering about a global market correction.

Whether you love Trump, or hate Trump. Whether you believe the hot market has continued because of, or in spite of, Trump, there's no denying that the economy has been great the last several years.

A lot of people think that the only thing holding Trump above water is the red hot economy. If we hit a market correction, do you think Trump will maintain his (already low) popularity? Or do you think there are many that simply tolerate Trump due to the economy?
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Unread 2020-02-24, 05:04 PM   #2
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The correction is related to the Corona Virus. This will get much worse through the year.

I agree that if Trump doesn't get on top of this, it could affect his chances of reelection.
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Unread 2020-02-24, 05:24 PM   #3
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Quote:
Originally Posted by ForcFed93 View Post
After closing at more than 1,000 points down, experts are whispering about a global market correction.

Whether you love Trump, or hate Trump. Whether you believe the hot market has continued because of, or in spite of, Trump, there's no denying that the economy has been great the last several years.

A lot of people think that the only thing holding Trump above water is the red hot economy. If we hit a market correction, do you think Trump will maintain his (already low) popularity? Or do you think there are many that simply tolerate Trump due to the economy?
his supporters don't mind him putting personal interests above the country's when they are in conflict... I would hope that they have the intestinal fortitude to not abandon him just because it hits them in the pocketbook.
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Unread 2020-02-24, 07:37 PM   #4
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Covid occurred in quite possibly the worst country that it could have started.

The Chinese are less than honest when it comes to negative press and we have no idea how much that hindered the global spread of the virus when it could have likely been contained much better with help from outside sources.
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Unread 2020-02-24, 09:38 PM   #5
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I see Fox News is claiming today's loss was as a result of Bernie's Nevada win.
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Unread 2020-02-25, 04:58 AM   #6
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I see Fox News is claiming today's loss was as a result of Bernie's Nevada win.
Probably a small contributor, but I'd be curious to see the specific article.
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Unread 2020-02-25, 07:35 AM   #7
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A correction will happen this year but this isnt it. This is because of (specifically the reaction to) coronavirus.

The correction is going to come more slowly, in cooling. Its already happening for some large cap and manufacturing companies because of their debt load. This most recent upsurge has been very, very debt heavy. The free money had everyone borrowing for expansion. That was never going to be sustainable forever, eventually lenders run out of money to give and companies would borrow too much.

Its not 2008, more like 2015.
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Unread 2020-02-25, 07:52 AM   #8
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Here's a con friendly source.

https://www.theblaze.com/news/charle...stock-downturn
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Unread 2020-02-25, 09:34 AM   #9
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Lol@ The Blaze.

May as well have linked a HuffPo article.
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Unread 2020-02-25, 09:43 AM   #10
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Quote:
Originally Posted by mild83 View Post
Lol@ The Blaze.

May as well have linked a HuffPo article.
Its a video, the article doesnt matter when there is video:

https://twitter.com/justinbaragona/s...574653952?s=20

And its a repeated narrative:
https://twitter.com/justinbaragona/s...438380033?s=20
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Unread 2020-02-25, 10:34 AM   #11
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People seem to believe what they want without any critical thinking, that's why we have liberals.

I won't believe it until I see what The Young Turks has to say about it.
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Unread 2020-02-25, 11:39 AM   #12
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Originally Posted by DIYAutoRepair View Post
People seem to believe what they want without any critical thinking, that's why we have liberals.

I won't believe it until I see what The Young Turks has to say about it.
You are so oblivious to how transparent you are with this kind of shit that its astounding. You might as well wear a bright neon sign that says "Dont look at me! Look over there!".

I bet no one on KCSR even watches the Young Turks, let alone with any regularity. And I bet you most the of the people you label liberal on here dont religiously watch news media talking heads to form their opinions either.

When ever I do watch one, it's usually Sean Hannity or some other Trump cultist so I can see what lie they're spoon feeding their audience so I can understand the upside down world you all are living in. Although I usually can't last longer than 20 minutes because the lies and the omission and distortion of information drives me nuts so I have to turn it off to keep my sanity.
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Unread 2020-02-25, 12:03 PM   #13
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Originally Posted by Oblique View Post
When ever I do watch one, it's usually Sean Hannity or some other Trump cultist so I can see what lie they're spoon feeding their audience so I can understand the upside down world you all are living in. Although I usually can't last longer than 20 minutes because the lies and the omission and distortion of information drives me nuts so I have to turn it off to keep my sanity.
So where do you get your info then? CNN, MSNBC, VOX?
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Unread 2020-02-25, 03:27 PM   #14
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So where do you get your info then? CNN, MSNBC, VOX?
Wherever factual information can be found and hopefully that I can verify. No one source has all the truth or lies all the time. Fox News actually has really good reporting when its not related to politics. You just have to take the information they're giving you for what it is and see if it passes the smell test. CNN recently ran a story on the impeachment with a quote from Ted Cruz about how he was trying to help Trump's defense shape their argument and he supposedly said this.

Quote:
"The White House lawyers for a long time dug in on the argument that there is no quid pro," Cruz recalled, noting that given disputed testimony and the White House chief of staff's own acknowledgment of a quid pro quo, it was a tenuous argument to make from the start. Cruz gave his blunt assessment to the White House team.

"Out of 100 senators, zero believe you on the argument there is no quid pro quo," Cruz said he told the defense counsel. "Stop making it."
Assuming this quote is true, this is hilarious for everyone who believed Trump repeating "No quid pro quo!" over and over, but I could not find any verification that he said this from any other source but this article so I've never brought it up til now. I'd have to think Cruz would address such a damning statement (or at least it should be) if he didn't make it but nonetheless, I didn't feel confident in using it even though it destroys the narrative that the trial didn't prove a quid pro quo and once again, proves Trump to be a blatant pathological liar.
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Unread 2020-02-25, 05:58 PM   #15
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Quote:
Originally Posted by Ryan Stewart View Post
Its a video, the article doesnt matter when there is video:

https://twitter.com/justinbaragona/s...574653952?s=20

And its a repeated narrative:
https://twitter.com/justinbaragona/s...438380033?s=20
I'm not discounting the comment, I just found it funny he chose the Blaze.

And if you guys don't think the real possibility of Bern becoming president can't affect a market, you're kidding yourselves.
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Unread 2020-02-25, 09:40 PM   #16
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I have a feeling a correction is coming and is more than just the coronavirus. A housing market correction is definitely needed.

Trump's fault or not, the economy seems to have been moving and doing better than it should have been lately.
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Unread 2020-02-25, 10:11 PM   #17
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Originally Posted by mild83 View Post
I'm not discounting the comment, I just found it funny he chose the Blaze.

And if you guys don't think the real possibility of Bern becoming president can't affect a market, you're kidding yourselves.
It was everywhere, I picked the blaze because I know how skeptical cons are of any liberal media sources.

I'm not sure how close you follow the markets but I have an investment account so I follow my stocks on stocktwits and not a single one of my stocks have all done poorly the last two days have had any speculation discussions involving Sanders. They aren't reacting this early.
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Unread 2020-02-25, 10:13 PM   #18
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Originally Posted by mild83 View Post
I'm not discounting the comment, I just found it funny he chose the Blaze.

And if you guys don't think the real possibility of Bern becoming president can't affect a market, you're kidding yourselves.
The market stalled in 2016 as well, so it's Trump's fault for that one apparently.
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Unread 2020-02-25, 10:50 PM   #19
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Originally Posted by Scooby24 View Post
It was everywhere, I picked the blaze because I know how skeptical cons are of any liberal media sources.

I'm not sure how close you follow the markets but I have an investment account so I follow my stocks on stocktwits and not a single one of my stocks have all done poorly the last two days have had any speculation discussions involving Sanders. They aren't reacting this early.
Not a single one of your stocks have done poorly? Or they've all done poorly and none have had any speculation...


Not calling out for typos - but if none of your stocks have done poorly - I want some of what you have.....



... I hadn't heard the entire market - I had heard the healthcare insurance stocks were doing poorly because of Sanders.. I just smh and went on...
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Unread 2020-02-26, 05:38 AM   #20
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The market stalled in 2016 as well, so it's Trump's fault for that one apparently.
Correct.

As we all know, any daily result of our financial markets is caused by directly by the POTUS.
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Unread 2020-02-26, 08:08 AM   #21
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Originally Posted by JewelsMari View Post
Not a single one of your stocks have done poorly? Or they've all done poorly and none have had any speculation...


Not calling out for typos - but if none of your stocks have done poorly - I want some of what you have.....



... I hadn't heard the entire market - I had heard the healthcare insurance stocks were doing poorly because of Sanders.. I just smh and went on...
I missed a word in there. None of my stocks THAT have all done poorly have had any speculation about Sanders. Everyone is reacting to the entire market...so singling out healthcare stocks as being a reaction to Sanders when everything is dipping is asinine. Are my tech stocks down the same amount for a totally different and unrelated reason? Get serious
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Unread 2020-02-26, 08:17 AM   #22
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Correct.

As we all know, any daily result of our financial markets is caused by directly by the POTUS.
At that point he would have only been the candidate, just like Bernie. But didnt have the cover of a new novel outbreak to cover his impacts on the market.

You have also gone full DIY moron by talking in circles.
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Unread 2020-02-26, 09:32 AM   #23
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Correct.

As we all know, any daily result of our financial markets is caused by directly by the POTUS.
I would say POTUS has way more ability to affect the market short term than long.
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Unread 2020-02-26, 10:21 AM   #24
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I would say POTUS has way more ability to affect the market short term than long.
Absolutely correct. You don't have to be a genius to see correlation between Trump's tweets and short term swings up or down.

In fact, I wouldn't be surprised if people close to Trump hedged bets based on what he'll say.

For example. Sell off stocks in advance of him tweeting about failed talks with China. Buy up stocks in advance of him announcing a trade deal.
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Unread 2020-02-26, 04:36 PM   #25
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At that point he would have only been the candidate, just like Bernie. But didnt have the cover of a new novel outbreak to cover his impacts on the market.

You have also gone full DIY moron by talking in circles.
JTFC you’re clueless.

Never once have I alluded to being anything remotely serious about my prior post. It was in jest.
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