Drudge Retort: The Other Side of the News
Wednesday, August 14, 2019

The Dow Jones Industrial Average plummeted more than 800 points on Wednesday, as investors suffered their worst day of the year as new concerns arose over data on global economic growth. The tumble followed a series of concerning economic indicators from Germany and China, signaling renewed recession fears in the global economy.

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The Markets have basically been flat for about a year and a half now.

#1 | Posted by Whatsleft at 2019-08-14 02:13 PM | Reply

Must be Obama's fault.

Thanks Obama!

#2 | Posted by gtbritishskull at 2019-08-14 02:14 PM | Reply

Dow Drops 700 Points

Who's to blame?

Donald J. Trump

#3 | Posted by PinchALoaf at 2019-08-14 02:15 PM | Reply | Newsworthy 3

Trump'll fix it. He said he'd eliminate the debt in 4 years. This is part of the easy trade war with China. Once the tax cuts start to trickle down the economy will blaze. Nothing to see here. #winning #MAGA. Oh, Mexico is paying for the wall.

#4 | Posted by lee_the_agent at 2019-08-14 02:15 PM | Reply | Newsworthy 8

Trump's motivation to cheat in 2020 only grows more inexorable.

#5 | Posted by Zed at 2019-08-14 02:16 PM | Reply

#5 That has alot to do with the thread. You in Colorado?

#6 | Posted by fishpaw at 2019-08-14 02:24 PM | Reply

If we hit a recession in 2020, that should seal DT's fate in the election.

I'LL TAKE IT!

#7 | Posted by schifferbrains at 2019-08-14 02:27 PM | Reply

Trump won't win. Hindsight is 2020.

#8 | Posted by lee_the_agent at 2019-08-14 02:29 PM | Reply

The bubble continues to burst as has been predicted by economists and me for months. I've already related this here, but I had my broker tqake a chunk of my stock market stuff and put it elsewhere, He agreed

That said, there have already been a couple of huge drops in the DJIA in the last 2.5 years, and it recovered, even setting new records.

So who knows if that will happen againm or it will continue to fall, I predict another 500-800 point fall in the next week with a slow several month recovery.

#9 | Posted by goatman at 2019-08-14 02:32 PM | Reply

"Trump won't win. Hindsight is 2020.

#8 | POSTED BY LEE_THE_AGENT "

I'll bet you don't even see the extreme and laughable irony in your post, do you?

#10 | Posted by goatman at 2019-08-14 02:33 PM | Reply

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The bubble continues to burst as has been predicted by economists and me for months.

Eyebrows deep in your own Goatman(ure) again.

#11 | Posted by PinchALoaf at 2019-08-14 02:41 PM | Reply

That said, there have already been a couple of huge drops in the DJIA in the last 2.5 years, and it recovered, even setting new records.

As of June 3 of his 3rd year in office the DJIA had risen 61.5% under Obama.

As of June 3 of his 3rd year in office the DJIA has risen 20.8% under trump.

#12 | Posted by hatter5183 at 2019-08-14 02:42 PM | Reply | Newsworthy 3

My stock market retirement portfolio made it through the dot.com bubble in the 1990s and the great recession this century while continuing to pay excellent dividends.

It will survive the mess our current economy is in now as long as I remember Douglas Adam's famous words:

DON'T PANIC!

#13 | Posted by Judity at 2019-08-14 02:43 PM | Reply

I woke up with an inverted yield curve in my left knipple.

An ill omen, to be sure.

#14 | Posted by schifferbrains at 2019-08-14 02:46 PM | Reply

"Eyebrows deep in your own Goatman(ure) again.

#11 | POSTED BY PINCHALOAF "

Profound (for you), but this topic isn't about me. If you want to obsess over me, do what OWS does if you want to whine about me. Start another thread. Don[t derail this one.

#15 | Posted by goatman at 2019-08-14 02:48 PM | Reply

""Eyebrows deep in your own Goatman(ure) again.
#11 | POSTED BY PINCHALOAF ""

PS, it's singular: eyebrow. I have only one,

#16 | Posted by goatman at 2019-08-14 02:49 PM | Reply

@#12 ... there have already been a couple of huge drops in the DJIA in the last 2.5 years, and it recovered, even setting new records. ...

That is what is making this volatility so perplexing. Significant drops have been followed rather quickly by significant increases.

Is this different? Who knows.

There is at least one indicator that is different this time...

2y/10y yield curve chart...
assets.bwbx.io

Here's the corresponding article:

U.S. Stocks Tumble as Economy Worries Mount: Markets Wrap
www.bloomberg.com


Will this drop be the start of a larger stock market retreat? Who knows. I certainly don't, and would not want to place a bet either way at this point.

And an explanation...

The Yield Curve Is Inverted! Remind Me Why I Care: QuickTake
https://www.bloomberg.com/news/articles/2019-03-22/the-yield-curve-is-inverted-remind-me-why-i-care- quicktake


#17 | Posted by LampLighter at 2019-08-14 02:49 PM | Reply

Profound (for you), but this topic isn't about me. If you want to obsess over me, do what OWS does if you want to whine about me. Start another thread. Don[t derail this one.

#15 | POSTED BYGOATMAN

You made it about you with your baseless predictive assertion.

And, who are you again? You're not a moderator.

If you're going to act like you know what you're talking about, try linking to a credible source that backs you up.

Calling you out is as easy as breathing air.

#18 | Posted by PinchALoaf at 2019-08-14 02:54 PM | Reply | Funny: 1

"As of June 3 of his 3rd year in office the DJIA had risen 61.5% under Obama.

As of June 3 of his 3rd year in office the DJIA has risen 20.8% under trump.

#12 | POSTED BY HATTER5183 A"

Actually, Trump has been in office just under 2.5 years (inaugutation of the presiedent is January 20) as of last June. So extrapolated over 8 years (you can't compare 2.5 year performance to 6 year performance. I'm shocked you didn't know that), after 8 years, the stock market would be 68.5% higher under Trump.

#19 | Posted by goatman at 2019-08-14 02:55 PM | Reply

"#18 | POSTED BY PINCHALOAF "

Just another friendly reminder to my obsessed friend: This thread is not about me. Would you like me to start one about me for you to continue your obsessin? I'll gladly help.

#20 | Posted by goatman at 2019-08-14 02:56 PM | Reply | Newsworthy 2

This would undoubtedloy be a larger plunge had the Fed not lowered interest rates last July.

#21 | Posted by goatman at 2019-08-14 03:00 PM | Reply

"has been predicted by economists and me for months"

Your first "goatman" post is dated 08/06/2019 --- that's just 8 days, not "months", stupid

#22 | Posted by ChiefTutMoses at 2019-08-14 03:02 PM | Reply

@#4 ... Trump'll fix it. He said he'd eliminate the debt in 4 years. This is part of the easy trade war with China. Once the tax cuts start to trickle down the economy will blaze. Nothing to see here. #winning #MAGA. Oh, Mexico is paying for the wall. ...

What is amazing is how many people believed (and still do) all those thigns he asserted.

#23 | Posted by LampLighter at 2019-08-14 03:05 PM | Reply

What is amazing is how many people believed (and still do) all those thigns he asserted.

#23 | POSTED BY LAMPLIGHTER
Well there's a SporkGoat, I mean sucker born every minute.

#24 | Posted by aborted_monson at 2019-08-14 03:11 PM | Reply

There's that Golden Trump Touch...
Hold on to your girdles ladies...

#25 | Posted by earthmuse at 2019-08-14 03:14 PM | Reply | Funny: 1

#22
Chief, Goat is likely referring to the other handle or handles he posted from, during those couple years in jail, you know, after his "life-time/Permanent" banishment.

#26 | Posted by oldwhiskeysour at 2019-08-14 03:17 PM | Reply

you can't compare 2.5 year performance to 6 year performance.
#19

Maybe that's why Hatter's post compared 2.5 year performance to 2.5 year performance?

#27 | Posted by schifferbrains at 2019-08-14 03:17 PM | Reply

That's half of Ray's 1,400. Maybe he'll be correct yet.

#28 | Posted by LauraMohr at 2019-08-14 03:21 PM | Reply

It will survive the mess our current economy is in
POSTED BY JUDITY

All you can do is let the wildfire burn.
When you think it's done, stroll through the ashes of the post-recession wasteland, turning over smoldering rocks that may be hiding treasure.

At that point, Ray will pedal by on a golden bicycle.

#29 | Posted by schifferbrains at 2019-08-14 03:22 PM | Reply

Is 700 a lot?

#30 | Posted by Tor at 2019-08-14 03:27 PM | Reply

Actually, Trump has been in office just under 2.5 years (inaugutation of the presiedent is January 20) as of last June. So extrapolated over 8 years (you can't compare 2.5 year performance to 6 year performance. I'm shocked you didn't know that), after 8 years, the stock market would be 68.5% higher under Trump.

#19 | POSTED BY GOATMAN AT 2019-08-14 02:55 PM |

So if Trump keeps it up for the whole 8 years he will finally match what Obama did in 2.5

Winning!

#31 | Posted by hatter5183 at 2019-08-14 03:27 PM | Reply

It must be Obama's fault...

It wouldn't have fallen so much if it didn't go up so much during the Obama years...

#32 | Posted by pumpkinhead at 2019-08-14 03:28 PM | Reply | Funny: 1

#27 -- my bad

#33 | Posted by goatman at 2019-08-14 03:31 PM | Reply

Profound (for you), but this topic isn't about me. If you want to obsess over me, do what OWS does if you want to whine about me. Start another thread. Don[t derail this one.

#15 | Posted by goatman

Why do you bother posting this stupidity when you make it about you yourself in the very first line of your first post?

#34 | Posted by jpw at 2019-08-14 03:45 PM | Reply | Newsworthy 1

As much as I would want a recession for selfish reasons of economic opportunity, it would be a shiitey thing to wish on others/our nation.

GL;HF;DD

#35 | Posted by GOnoles92 at 2019-08-14 03:47 PM | Reply

Actually, Trump has been in office just under 2.5 years (inaugutation of the presiedent is January 20) as of last June. So extrapolated over 8 years (you can't compare 2.5 year performance to 6 year performance. I'm shocked you didn't know that), after 8 years, the stock market would be 68.5% higher under Trump.

#19 | Posted by goatman

They're comparing changes to DJIA at the same point in the different POTUS's terms-June of their third year.

Not sure how you didn't know that...

#36 | Posted by jpw at 2019-08-14 03:47 PM | Reply | Funny: 1

Tariff Man crashing and burning.

Winning!

#37 | Posted by PinchALoaf at 2019-08-14 03:47 PM | Reply

At the close, down about 800 points.

#38 | Posted by LampLighter at 2019-08-14 04:09 PM | Reply

Hong Kong jitters are to blame.

#39 | Posted by SheepleSchism at 2019-08-14 04:10 PM | Reply

It's down 800 now.

#40 | Posted by lfthndthrds at 2019-08-14 04:12 PM | Reply

From Reagan to Trump:
Here's how stocks performed under each president

Proof Obama was better for the stock market than Trump

www.cnn.com

#41 | Posted by rstybeach11 at 2019-08-14 04:16 PM | Reply

@#39 ... Hong Kong jitters are to blame. ...

Way more than that is the cause. What's going on in Hong Kong is a little speed bump in the larger picture of what happened to the stock market today.


Dow plummets 800 points on worsening global recession fears
www.foxbusiness.com

...Stocks and oil prices plummeted Wednesday, with the Dow Jones Industrial tumbling 800 points -- the fourth largest daily point drop on record -- as increasing global recession fears drove Wall Street investors to the safety of U.S. government debt.

The yield, or interest rate, of the Treasury's 2-year note exceeded the yield on the 10-year Treasury, an ominous signal, known as an inverted yield curve, that a recession is on the way.

Feeding fears of a global recession was a report that Chinese industrial production was climbing at its weakest rate in 17 years and Germany's economy -- Europe's strongest -- was actually shrinking....


#42 | Posted by LampLighter at 2019-08-14 04:25 PM | Reply

@#42

More info...

Global economy is probably in recession
www.reuters.com

#43 | Posted by LampLighter at 2019-08-14 04:27 PM | Reply

What's really interesting is that treasuries are dropping like a stone.
Ten year bonds are at 1.583.
Could easily go into negative territory eventually.

What's happening I think is that the markets can't keep up with the growing supply of federal debt.

#44 | Posted by Ray at 2019-08-14 04:39 PM | Reply

That's half of Ray's 1,400. Maybe he'll be correct yet.
#28 | POSTED BY LAURAMOHR

Unlike liberals, I learn from my mistakes.

This one's for you, Laura.

I predict the Dow won't drop below 20% of it's high. Then it's back up again.

BTW. Still buying gold while it's cheap.

#45 | Posted by Ray at 2019-08-14 04:43 PM | Reply

It's down 800 now.

MAGA!

#46 | Posted by PinchALoaf at 2019-08-14 04:43 PM | Reply

It's down 800 now.

America = sinking like a torpedoed row boat.

Thanks, Trump!

#47 | Posted by PinchALoaf at 2019-08-14 04:44 PM | Reply

hasn't this happened a couple times recently? Time to buy when this happens!

Or is this the thread in which "americans" cheer on their country's economic demise due to not having their cheater in chief elected?

#48 | Posted by mutant at 2019-08-14 04:55 PM | Reply

What's happening I think is that the markets can't keep up with the growing supply of federal debt.

#44 | Posted by Ray

Maybe the tax cut and increasing military spending wasn't the greatest idea?

#49 | Posted by Sycophant at 2019-08-14 04:57 PM | Reply

@#48 ... hasn't this happened a couple times recently? Time to buy when this happens! ...

Check out #12 and #17.

#50 | Posted by LampLighter at 2019-08-14 04:59 PM | Reply

Not just here. In Europe, banks are starting to pay people to borrow money.

"This is the ultimate indicator that something is fundamentally wrong with the world economy," said Adam Posen, president of the Peterson Institute for International Economics.

www.washingtonpost.com

#51 | Posted by cbob at 2019-08-14 05:07 PM | Reply

Here is where liberals point to the Drumpf policies that led to the market instability and where not-liberals scramble for their excuse generator...clickety click...it's cyclical....hmmm, no, let's try again....clickety click click tap...normal market correction...that sounds good, now let's hit the CAPS lock and....post!

#52 | Posted by chuffy at 2019-08-14 05:25 PM | Reply

America = sinking like a torpedoed row boat.
Thanks, Trump!
#47 | POSTED BY PINCHALOAF

Hate to break it to you. America was sinking long before Trump.

Even at historically low interest rates, debt still grows exponentially.

The jackals in power think if interest rates get into negative territory, they can keep borrowing. That's the same as paying them to keep piling on debt. What can possibly go wrong?

#53 | Posted by Ray at 2019-08-14 05:26 PM | Reply

The selloff is continuing in after hours trading.

#54 | Posted by AMERICANUNITY at 2019-08-14 05:27 PM | Reply

Clickety click..."Hong Kong jitters." Bingo!

#55 | Posted by chuffy at 2019-08-14 05:27 PM | Reply

Maybe the tax cut and increasing military spending wasn't the greatest idea?
#49 | POSTED BY SYCOPHANT

Trump doesn't think of this stuff by himself. They have think tanks for that job. Trump is just a carnival barker.

Our monetary system is a Ponzi scheme based on debt. Federal spending has to increase at faster rates to keep the debt structure from collapsing.

#56 | Posted by Ray at 2019-08-14 05:31 PM | Reply

#10

Yes, I do. It's why I posted it.

#57 | Posted by lee_the_agent at 2019-08-14 05:38 PM | Reply

#13 | POSTED BY JUDITY AT 2019-08-14 02:43 PM | FLAG: Exactly! If one's is a 'buy and hold' investor with a long term horizon [years] then this is just a hiccup along the way. Also, If you are dollar cost averaging [like in 401k, etc.] then the market downturns just means you are accumulating more shares at a lower price.

Always remember that a correction [pull back] to the market can be a buying opportunity if cash on hand.

#58 | Posted by MSgt at 2019-08-14 05:46 PM | Reply

If we hit a recession in 2020, that should seal DT's fate in the election.

I'LL TAKE IT!

#7 | Posted by schifferbrains at 2019-08-14 02:27 PM

Shhh, didn't you see the latest Priorities USA guidance...we are only supposed to cheer about a bad economy in private.

-The DNC

#59 | Posted by Rightocenter at 2019-08-14 06:04 PM | Reply | Funny: 1

PS, it's singular: eyebrow. I have only one,

#16 | POSTED BY SporkGoat AT 2019-08-14 02:49 PM | REPLY

Might be the first time you've told the truth on this site.
We figured you had the mono brow. Most alt-right (R)tards do.

#60 | Posted by aborted_monson at 2019-08-14 08:10 PM | Reply

"Might be the first time you've told the truth on this site.

We figured you had the mono brow. Most alt-right (R)tards do.

#60 | POSTED BY ABORTED_MONSON "

No, I always tell the truth.

As per the rest of your post, what an odd thing to go door to door and poll people on: their eyebrows and political leaning. YOu really do need to get a life. There's more to living than asking about people's eyebrows.

#61 | Posted by goatman at 2019-08-14 08:14 PM | Reply

#60: I was actually wondering who would be the first to take the eyebrow bait. It's always the dumbest in the school of fish who do. I had three picked out. You were one of them.

How does it feel to be a foregone conclusion?

#62 | Posted by goatman at 2019-08-14 08:15 PM | Reply

#60 gives reason as to why isn't there a "dumb" flag on here?

#63 | Posted by mutant at 2019-08-14 10:17 PM | Reply

my post is an example of a "dumb" flag event - should be "there isn't"...my english teacher bride would shoot me now if she proofread that one!

#64 | Posted by mutant at 2019-08-14 10:19 PM | Reply

60: I was actually wondering who would be the first to take the eyebrow bait. It's always the dumbest in the school of fish who do. I had three picked out. You were one of them.

How does it feel to be a foregone conclusion?

#62 | POSTED BY comrade sporkgoat

If that was the case you would have put it in your first response to my post.

So you lied again, troglodyte!

Did the old Geico commercials that said "it's so easy even a caveman could do it!" Piss you off too?

#65 | Posted by aborted_monson at 2019-08-15 12:17 AM | Reply

It seems many (most?) of the recent swings in the DOW are connected to whatever is the latest news concerning the US-China Tariff situation.

New tariffs? Delayed/cancelled negotiations? = DOW drops.

Delayed/cancelled tariffs? New negotiations? = DOW spikes.

Given the old (and useless) adage for stock investing: "buy low; sell high", this is beginning to smell like stock manipulation IMHO.
The principal players (Presidents Xi and Trump) are essentially controlling this "insider information". Cui bono.

#66 | Posted by TrueBlue at 2019-08-15 03:16 AM | Reply

TRUBLUE

That's exactly what I was thinking. This yo-yo approach to tariffs sounds like Trump and his Mara-a-Logo friends are profiting nicely.

#67 | Posted by Twinpac at 2019-08-15 09:09 AM | Reply

The stock market does not CREATE wealth. It just moves it around. It is an EXCHANGE.

If you buy low and sell high congratulations you are richer but someone else is equally poorer

You start with X dollars. You buy low for Y dollars. Now you have X-Y dollars. That means some Schmuck sold low, probably because he/she had to raid his /her 401(k) to get past a life event. Schmuck #1 had Z dollars now he has Z + Y dollars. The stock price goes up. You sell high for W dollars. Now you have X-Y+W dollars woohoo!! That means some Schmuck #2 bought high. He had V dollars now he has V-W dollars.

At the beginning of the day the three of you had X+Z+V dollars between you. At the end of the day the three of you have X-Y+W+Z+Y+V-W= X+Z+V dollars. NO CHANGE. The only thing that changes is whose pocket the money is in.

The stock market generates capital for businesses you say?

Yes but less than 10% of what it takes OUT of businesses.

In 2017 The NYSE averaged 32 Billion in Stock transactions a day. The only time capital is generated is when a company sells stock rather than an individual. That is done via IPOs. The total capital generated by IPOs in 2017 was $41 Billion. The rest of the transactions were between shareholders and did not generate any capital for the companies. in 2017 fortune 500 companies paid out $419 Billion in dividends.

#68 | Posted by hatter5183 at 2019-08-15 10:24 AM | Reply | Newsworthy 1

The stock market does not CREATE wealth. It just moves it around. It is an EXCHANGE.

#68 | POSTED BY HATTER5183 AT 2019-08-15 10:24 AM | FLAG: Yes, and NO. It does not 'create' wealth in one sense, but for the little guy, like me, it allowed me to make small amounts of investments over time which grew to eventually increase my wealth. What really does not create wealth is government which can only take from the economy [we the people].

#69 | Posted by MSgt at 2019-08-15 05:04 PM | Reply

"As of June 3 of his 3rd year in office the DJIA has risen 20.8% under trump.
#12 | POSTED BY HATTER5183"

The day after Trump was elected, the DJIA ended a bit of 18,000. Today, it sits at 25,579 - a 42% gain.
On November 9, 2008, the DJIA stood at 12,815. 3 years later, it was 12,000 - a 6% loss over Obama's 1st 3 years

And yes, the market is forward looking which is why we get such swings on ELECTION NIGHT and not INAUGURATION.

So, Trump is beating Barry O and it is not even close.

#70 | Posted by iragoldberg at 2019-08-15 09:04 PM | Reply

"The stock market does not CREATE wealth. It just moves it around. It is an EXCHANGE."

That is not true. The stock market only serves to price assets at a 'market rate' efficiently.

"In 2017 The NYSE averaged 32 Billion in Stock transactions a day. The only time capital is generated is when a company sells stock rather than an individual. That is done via IPOs. The total capital generated by IPOs in 2017 was $41 Billion. "

You don't understand equity, IPOs, or company valuation then. The amount generated by the IPO only reflects a very small part of the actual capital raised in a practical sense. Most IPOs will sell 5-10% of the total equity of a company. The 5-10% sale sets a market price by which the remaining 90-95% of the shares retained by current shareholders are valued. So, the amount of 'capital creation' by $41B in IPOs is closer to $400 - $800B. While that 95% of shares might not change hands immediately, it can be used to acquire other companies via stock based transactions, get bank financing by pledging the shares, etc.

Another huge piece you are missing is employee stock options. These shares serve to avoid paying direct cash compensation so they are definitely capital of the business but are not reflected in your comment. From your comment, it sounds like you are still in school and don't have direct knowledge of working with a company in any type of treasury position.

"The rest of the transactions were between shareholders and did not generate any capital for the companies. in 2017 fortune 500 companies paid out $419 Billion in dividends.
#68 | POSTED BY HATTER5183"

As pointed out above, that statement is patently false.

#71 | Posted by iragoldberg at 2019-08-15 10:12 PM | Reply

Speaking of being "not even close":

Election day in 2008 was November 4, 2008 (not November 9, 2008).
The DJIA close on November 4, 2008 was 9625.3 (not 12815.3).
It was the "Strongest Election Day Stock Rally in 24 Years":
www.nytimes.com

Election day in 2016 was November 8, 2016.
The DJIA close on November 8, 2016 was 18,332.7.
Today (August 15, 2019) the DJIA close was 25,579.4.
This would amounts to a 39.5% increase.

A comparable time interval for President Obama would be on August 11, 2011.
The DJIA close on August 11, 2008 was 11,143.3
This would amount to a 15.8% increase.

Given that the DJIA had been falling for at least a year (since October 2007) before the 2008 election (and would continue to drop until March of 2009) and that the DJIA had been increasing for a historical 92 (!) months (since March 2009), it would appear that President Obama's tenure witnessed an incredible/sustained turnaround in the DJIA while President Trump's tenure has simply witnessed a continuation of that turnaround in the DJIA.

#72 | Posted by TrueBlue at 2019-08-16 06:24 AM | Reply

* The DJIA close on August 11, 2011 was 11,143.3 *

#73 | Posted by TrueBlue at 2019-08-16 06:25 AM | Reply

#72 | POSTED BY TRUEBLUE

And the net result = Trump +39.6%
Obama + 15.8%

We can go with your number set - fine by me. Much different conclusion than HATTER5183 data set showing Obama +60% and Trump +20%. Trump has been the best thing for the economy since the Industrial Revolution.

#74 | Posted by iragoldberg at 2019-08-16 06:38 AM | Reply

They're not "my numbers". They are Wall Street's numbers. Gotta give credit where it's due.

If you use inflation adjusted values (you know, one's that correspond to actual buying power gain/loss), it's even closer.

Meanwhile, using your reasoning and the historical record, President Obama is the best thing since the Great Depression for the DJIA. No surprise since Democrat administrations historically typically have a better DJIA performance (even when given a bad economic situation) than GOP administrations. But hey, it's YOUR money so feel free to put it where your mouth is!

#75 | Posted by TrueBlue at 2019-08-16 07:56 AM | Reply

We can go with your number set - fine by me. Much different conclusion than HATTER5183 data set showing Obama +60% and Trump +20%. Trump has been the best thing for the economy since the Industrial Revolution.

#74 | POSTED BY IRAGOLDBERG AT 2019-08-16 06:38 AM

I did not cherry pick numbers like you did I went with NOW vs the same time for Trump. You are cherry picking a time that favors Trump.

You are trying to say Trump was better by choosing the moment before the market dropped precipitously. Trump's voloatile market is bad for everybody except speculators. The Market doesn't create wealth. If someone makes money because of market swings it means they took it from someone else

#76 | Posted by hatter5183 at 2019-08-16 09:17 AM | Reply

Dammit Hillary, stop ruining the economy!!!

----trumpeteers---

#77 | Posted by kudzu at 2019-08-16 09:26 AM | Reply

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