The Dumpsterfire Economy

[Chicks]

The Dow just registered its longest stint in correction territory in nearly 60 years

131 sessions. Good news is, it’s kept the idiot in chief from bragging about the Dow for a good while. I notice our resident Trumpkin has been awfully quiet of late...

https://www.marketwatch.com/amp/stor...E-F549B3224C71

[Chicks]

Donny’s claim that GDP tops the jobless rate for the first time in 'over 100 years' is not even close to correct

Just more lies from Donny. Of course, his idiot followers will believe whatever nonsense he an Fox “News” tell them.

https://www.cnbc.com/2018/09/10/trum...ven-close.html

[BlueStreak]

My favorite Trumpflunkie is a guy at work named Ray, who recently started up with a comment about "Antifa" (A contraction of the name "anti-Fascist".) being a Fascist organization. Ray is a dumbass who goes on all day long about Evangelist preachers being money grubbing scumbags and pouts when I remind him that they pretty much unanimously endorse Trump and the Republican Party.....speaking of money grubbing scumbags...…..

Anyhow, to get to the point, Ray started crowing about "the Trump economy" on Friday, so I asked him how his investments are doing. I know his financial situation because he talks about it all day long, every day. Ray has lost several thousand dollars over the last few weeks as have I. The difference between us is that I have enough fucking sense to know that with GOP majorities in both house and senate and King Asshole the Useless in the Oval office for nearly two years, it's pathetic to blame Obama. The GOP has no one to blame and yet......they still do.

I hate these people.

Dave

[Chicks]

The Trump stimulus is fizzling

Only half-wit Trumpkins ever believed Donny's and McConnell's bullshit on the economy. The facts are now coming home to bite them. How will they lie their way out of this? Doesn't matter to idiot Trumpkins, they'll believe the BS, damn the facts! Poor, ignorant bastards.

https://finance.yahoo.com/news/trump...190615613.html

[JJIII]

Now boys!

[bobabode]

Merry Trumpmas!

The DOW took a -659 point nosedive today because the dolt in the WH is having himself a temper tantrum.

[donquixote99]

I wonder if the dolt has smart friends shorting the market.

[bobabode]

Originally Posted by donquixote99

I wonder if the dolt has smart friends shorting the market.

Wouldn't surprise me in the least. The Dump presidency is one big grift.

[Dondilion]

Trump as candidate indicated that the market was bullshit...the economy was iust a huge bubble blown up by the Fed with extensive Quantitative Easing and painted with dubious statistics such as unemployment numbers.
Trump as president foolishly claimed said economy and made matters worse with his tax relief. The execs instead of investing bought back stocks.
Now Powell has to address an economy extremely riddled with huge debts and deficits with the increase interest tool. The days of massive printing are coming to an end.

Stagflation is on the horizon.

[Pio1980]

Originally Posted by bobabode

Wouldn't surprise me in the least. The Dump presidency is one big grift.

Yes, its the grift that keeps on grifting.