fullspinzoo

Surprisingly, the CNN Network is somewhat "giddy with joy" about the steep correction and are blaming the entire move on Trump, of course. But did they give him any credit when the market was going through the roof. https://www.infowars.com/michael-savage-thinks-stock-market-plunge-is-a-deep-state-plot-to-destroy-trump/

Liberty Tree

You are like them in reverse. You want to give full credit to Trump when it goes up and no responsibility when it goes down. The fact is the President alone does not control the market. He can do things that affect it, but he alone deserves neither full credit nor full blame.

fullspinzoo

I'm not in the least bit "like them in reverse". Show me some proof. Where in that conversation did I say anything about NOT taking responsibility when it goes down. First of all, this is a big nothing burger when talking about corrections. In 1987, it went down 22%. In the last few days, we have experienced nothing like that. That is not to say it couldn't go down more. I just have to laugh. People who watch CNN get indoctrinated "negativity" 24/7. It's just constant. The guy has really done some major moves in the last 12 months and for Dems or RINOs not to acknowledge that is just pathetic, ludicrous. sophomoric, childish...wh**ever you want to call it. I worked for a brokerage firm for several years so I have smidgeon of knowledge about how it works, OK. I also know that Trump's business-like approach has been very bullish for the market. I listened to several so-called experts today and the bottom line is Nobody knows where it is going to go from here. Nobody. But some have some educated guesses which are better than others. Personally, I think he deserves some credit. I mean, come on. Obama couldn't get us out serious stagnation after 8 years. And he didn't hesitate to use his voodoo magic rather than "voodoo economics" and tons of money to artificially prop up the market. (via the stimulus package) which for intensive purposes didn't work. I think the President gets frustrated when he doesn't get a smidgeon of credit from the press, MSM or wh**ever when the mkt is booming, GDP is looking good, lack of regs, is making small business more prone to success. So he likes to toot his own horn a little bit. So , what?

jack sequim wa Loc: Blanchard, Idaho

As a conservative that has followed and studied the American economy over the last nine years , there is a disconnect between Wallstreet and the economy. During Obama our economy limped along at the slowest recovery following a recession than anytime in history, struggling to find 2% GDP. The struggling economy can be directly tracked to Obama policies. Yet Wallstreet grew and climbed, while the economy was on life support. Obama stated several times "The new economy", a message that this is as good as it gets.

The difference with Trump in office is Wallstreet responding to the promises of the greatest corporate tax cuts in history which resulted in dozens of first ever stock market gains and all time records in history, months ahead of President Trumps signing into law the tax cuts. The market over reacted, and grew beyond it's actual value . What we are seeing now is nothing more than a market correction of values. GDP is up with forecasting to hit 4% and beyond, the jobs market is up and steadily climbing, unemployment and entitlements are steadily going down, housing is up with positive growth forecast, trade is up, the dollar is stronger, less regulations. With all the positive economic signs and a sudden downturn, this is nothing but a market value correction.
Historically Presidents have minimum effects other than knee jerk market reaction to administration policies, this current administration has had far more than typical knee jerk reactions and deserves credit. Also on the horizon is the market reaction to an interest rate increase by the Federal Reserve which also historically has been short term market jitters.
Should President Trump continue on the same path his second year as his first, then a market reaching for 30,000 is a reality.
Liberals are so predictable, not a peep said how our economy is reacting positively to Trumps policies, but it's Trumps fault 100% "For the Crash". They know it's a correction, yet spin it a Trump negative. Nothing more than a group of evil dipsticks lying, spinning, fabricating the t***h.

fullspinzoo

So well put, Jack. Great job telling it like it is. Spot on!

jack sequim wa Loc: Blanchard, Idaho

I found it interesting that after I posted my reply, I read your earlier reply and in different ways said the same thing.
President Trump with his "Business minded approach and policies" unique from historical p**********l economic and Wallstreet effects, deserves 100% credit for the Giant strides of America's recovery from the damaging effects that Obama caused. Clinton stated she would continue the same policies of Obama, meaning that she would in effect be another eight years of Obama and America would be today or worse where it was in 2016. What was scary to me is more businesses were still closing than opening and Americans were on a crash course with another recession or I should say depression on steroids.
While I still see the world's economic crisis growing deeper, perplexing to the world's leaders ( no way out) Trumps policies and strong leadership has positively effected economies around the world delaying the inevitable.

Vegas Rob

CNN SUCKS....FULL OF LIES!!!!!!!!!!!!!!!!