Epic Crash
The Trump Economy is setting records, and has a long way up to go….However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which has not been seen before! KEEP AMERICA GREAT
— Donald J. Trump (@realDonaldTrump) June 15, 2019
Note About the Record Economy
Yes we are setting records. We have record government spending and borrowing. The big, fat, ugly stock market bubble you inherited from Obama is bigger, fatter, and uglier than ever. But when the Democrats take over a busted stock market bubble will be the least of our worries!
— Peter Schiff (@PeterSchiff) June 15, 2019
Word About Predictions
NEVER GETS OLD….pic.twitter.com/SJQE8zxoCm
— Dan Scavino Jr.🇺🇸🦅 (@DanScavino) June 13, 2019
Mike “Mish” Shedlock
I am not sure whether he is right or wrong. Everyone knows the stock markets is greatly affected due to the American Economy. I am much more concerned about Australian Stock Market. Don’t want to see the stock market getting crashed just because he is not been elected. Just hope this wont much effect ASX stock market
Sadly elections are usually won or lost based upon the voters’ perception of which candidate is going to hand out more ‘free stuff’ to them. “Government” largess is always seen as a winning proposition. Austerity is a losing proposition. So when any politician says we need to tighten our belts, that is the kiss of political death. So who wants to lose? By the way, I used “Government” to mean tax payers, but voters never seem to see it that way.
Each party is on a tear to see who can outspend the other on our dime. There is no incentive to show restraint. Yes, it will eventually all fall down, but almost nobody cares. A few do care, but not enough to even make a ripple in the swamp.
I remember when Paul Krugman said that the stock market would crash and never recover, if Trump was elected.
Until people are willing to get off the couch and don a yellow vest, they should shut the f*ck up. This site has become as bad as MSNBC, with all their whiny ass losers, that would still want Hitlary, crazy Bernie, or Pocahontas.
Oh, did you not hear that Trump just ended the phony asylum game, which may be better than building a wall – link to market-ticker.org.
Go pound sand with the rest of the establishment, that needs Trump out to continue their fraudulent ways, and will once again lose a civil war, which looks inevitable.
BTW, even though the market would tank if an establishment hack wins, it will still make new highs because the rest of the world is in much worse debt.
I am an Indian. Kindly don’t get fool like the illiterate Indians on fake promises, Fake Marketing, Fake News, Blaming Previous Govt .. Remember the world carries on without any problem without any politician. The world is very beautiful without politicians .. Think 1000 times before voting Trump .. Indians are now repenting for re electing Modi who has already screwed up Indian economy by $190 Billions and the unemployment rate by 45 year old .. Think and vote .. Don’t get allured by any promises .. You are responsible for any misfortunes in the future .. May Lord Jesus help you to give intelligence ..
Modi has a better vision for India. This is why he won twice. I predict Trump wont win because as an incumbent he no longer has a vision for America. Independents are fleeing both parties and likely wont vote for either party. This means new voters will decide the election in 2020. Trump has no increasing base anymore as he did in 2016. In fact it has dwindled significantly since then. Independents are choosing Biden across the country. Bottom line here is that Trump no longer is an insurgent candidate and is from the swamp.
had the wrong second Tweet – corrected
Stocks/economy gonna crash long before election day,leaving el presidente with just 2 options,US goes full Venuzuela,Trump will deploy the national guard,suspend elections and remain in power indefinetly or he’ll resign and dump the mess on the dems to try and clean up…..either way stock “market” will collapse right along with the economy regardless of how much the fed prints………..4 is the nail in the hyperinflationary coffin!
The Trump Economy is setting records, meanwhile, my son is trying to cope with an astronomical cost overrun to an office building project that is directly caused by Trump’s tariffs.
Trump has always failed big. Only way to declare bankruptcy.
Poor baby but does he own the latest aluminum Ford F150 that now costs over The 80,000? How much spent at casinos and on coke (cane) every month ? Despite higher costs in places like NYC with high taxes and regulations as well businesses continue to make record profits with record profit margins. Business are paying the lowest effective taxes relative to profit in history
Like this?: link to zerohedge.com
The headline & reported unemployment rate is around 2% and the UE rate is 3.6% and shows no signs of rising (weekly first times unemployment claims are often one of the first indicators to show that the economy really is showing)… Consumer sentiment is near record high (both conference board & michigan indices)..
Obviously ZIRP/NIRP or whatever is working..
Also how is it that these cryptocurrency worshipers always have these conspiracy therories about the fed and the line of “dollar not backed by anything” but worship bit sh*t coin or the alternative currency of the moment as being better than the US dollar?
I hope your comment about low rates “working” is tongue in cheek. Mathematically that can only happen in the short term, since an economy built around debt and artificially low rates is doomed to failure on any longer horizon. It should be obvious that we cannot print our way to prosperity.
The unemployment rate is only any good due to low participation. Consumer sentiment will switch fast when equities tank. ZIRP is over but it didn’t help anyway and just inflated risk assets. Trump had nothing to do with it because he wasn’t in office yet by a long shot, but he sure would like to prolong the beating so he can win again to soothe his ego. He doesn’t care about America. Maybe his opponents don’t either, but let’s not kid ourselves about DT.
Participation is actually up significantly,it is only down or flat due to people over 55 retiring or taking early retirement. Same as saying population is falling in the northeastern states , only because older people are selling and moving to Florida
Do you have data to back up your claim on labor participation? You are wrong. Labor participation is up for those 55-64 and 65 and over. All other age groups have seen a drop.
How is this in any way an indication of strength in the economy?
Anyone who believes the nonsense Trump spouts is clearly not intelligent. It is amusing to recall his three biggest promises during the election: 1. He will build a wall; 2. He will get Mexico to pay for it; 3. He will repeal Obamacare. His word obviously means nothing. He has accomplished nothing except a minor tax cut. It could have been worse—we could have had Hilary, but don’t forget Trump’s promise #4: He will lock her up. His record is 0-4 on his 4 most-often repeated promises. It is just a matter of time before this house of cards collapses.
Don’t forget prosecuting Hillary(nvm, you have that on your list), Saudis are the terrorists who did 9/11(and yet we sell them record $ in arms and help them genocide Yemen), draining of the swamp(Trumpty simply dove in), he is an anti-interventionist and our troops are coming home(now we are on the brink of war with Iran & Venezuela, AND STILL we are in Afghanistan & Iraq), Heck! the list is so long I can’t recall them all. And Obamacare is a republican health plan so they were never going to repeal it.
Now batting cleanup Trump with a batting average of .000 with only strikeouts and many at bats.
The less government does, the better, as far as I’m concerned. Trump’s ability to accomplish anything ended the day the special prosecutor was appointed. Not one thing has been accomplished since then, but that’s a good thing.
Since the only protection against the growth of government that is left is the weakest one, the seperation of powers, that’s all we have left to hang our hat on. The ideal is to have one party as President, and the other party controlling the House. I don’t care which party has which.
This wont work because debt is spiraling. Will be 27T by the end of 2020.
Dumb. He’s saying the Fed will normalize rates if someone else takes office, which is ridiculous. The trend is toward ZIRP/NIRP from here on out.