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DemocratSinceBirth

(99,710 posts)
Sat Apr 15, 2017, 11:15 AM Apr 2017

Are you prepared for the coming economic Trump Slump?

But then rarely have economic indicators "sent such mixed signals," said The Economist. "Soft" data like business and consumer confidence are surging, while some "hard" economic data are not particularly impressive. The Atlanta Federal Reserve, for example, put annualized growth in the year's first quarter at a sluggish 1.2 percent, far short of President Trump's wildly ambitious promise of 4 percent. Industrial production is flat, and "banks have slowed business lending dramatically." Despite all that, the stock market is up 10 percent since the election. But if Trump isn't able to deliver on his promises of tax cuts and deregulation — an open question after the failure of the health-care reform bill — "the economic elation may subside."

...

http://theweek.com/articles/692016/sudden-reversal-economic-confidence



Just in time for the mid terms.

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Are you prepared for the coming economic Trump Slump? (Original Post) DemocratSinceBirth Apr 2017 OP
It's Obama's fault ... RKP5637 Apr 2017 #1
We saw it coming folks! Zambero Apr 2017 #3
Impasse on Trump's idiotic "budget", no agreement on raising the debt limit Zorro Apr 2017 #2
That was the original prediction. DemocratSinceBirth Apr 2017 #4
A week long strike from purchasing any specific products randr Apr 2017 #5
I don't want the market to tank and innocent people get hurt. DemocratSinceBirth Apr 2017 #6
This Calculating Apr 2017 #7
We don't need a crash to regain power. DemocratSinceBirth Apr 2017 #8

Zorro

(15,740 posts)
2. Impasse on Trump's idiotic "budget", no agreement on raising the debt limit
Sat Apr 15, 2017, 11:45 AM
Apr 2017

Attacks in Syria and Afghanistan, threats against North Korea...Won't take much more to send the economy into a tailspin.

I've been seriously considering moving out of the market and into all cash and then waiting on the sidelines for a while. I think there's a very real possibility of the market dropping precipitously and suddenly.

DemocratSinceBirth

(99,710 posts)
4. That was the original prediction.
Sat Apr 15, 2017, 11:55 AM
Apr 2017

I am worried about my buddy who never had much money but inherited a low seven figure portfolio from his mom. He insisted on not taking money from her while she was alive.

randr

(12,412 posts)
5. A week long strike from purchasing any specific products
Sat Apr 15, 2017, 12:04 PM
Apr 2017

would send a powerful message.
Unless we organize we are doomed.

DemocratSinceBirth

(99,710 posts)
6. I don't want the market to tank and innocent people get hurt.
Sat Apr 15, 2017, 12:07 PM
Apr 2017

I would settle for a sustained bear market. That would finish him and the Deplorables with the least collateral damage.

DemocratSinceBirth

(99,710 posts)
8. We don't need a crash to regain power.
Sat Apr 15, 2017, 12:54 PM
Apr 2017

The market trebled under President Obama. All we need is for it to stall and regress a little under Trump, especially after his pie in the sky promises.

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