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01-02-2019, 11:32 AM #1
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This is definitely not Trumps fault. An entire economy doesn't go through a recession from a few years of one mans small influence through just one branch of government. It takes a lot more than one man to impact this country. People need to stop acting like Trump is so powerful. America has survived good presidents and horrible presidents. People are giving this man more credit than he deserves.
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01-02-2019, 11:54 AM #2
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Technically you are correct, but not really. People invest based on how they think the market will move in the future. If enough people start to think the general business market will slow, they will slow down their activities, causing a slowdown. If people think Trump will somehow single-handedly wreck the economy, the damage will be done. Its more the thought of what Trump may do, rather than his own actions that would cause market disruptions.
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01-02-2019, 12:01 PM #3
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That's a fair honest good point newunderwriter and its true but I don't think trading of the stock market dictates recessions. I think that recessions just have a large impact on how the stocks trade. Like lets say America decided to spend trillions of dollars on a fictional war on terror that can never be won because you can't beat "terror" and instead bled us dry of resources and pride in ourselves which caused us to collapse 10 years ago only to have our government decide to put a band-aid on the collapse hoping a miracle will happen before the band-aid falls off. That's not really reflective of what traders or investors are thinking but instead the traders and investors will just be impacted from the results.
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01-02-2019, 12:07 PM #4
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01-02-2019, 12:10 PM #5
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01-02-2019, 01:53 PM #6
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when you're the president and you start imposing tariffs on other countries, you single handedly can **** **** up. We're getting hit with taxes and tariffs in retaliation.. it's happening to manufacturing and exporting companies so you may not notice it but it's real , it's happening and people are getting laid off... look at steel, auto, soybeans, oil & gas.. nothings getting sold anymore because we are getting taxed out of competition
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01-05-2019, 09:20 AM #7
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Not sure where you are obtaining your information:
https://www.cnbc.com/2019/01/04/manu...ince-1997.html
https://www.cnsnews.com/news/article...hits-trump-era
https://www.eia.gov/todayinenergy/detail.php?id=37172
https://www.reuters.com/article/us-u...-idUSKBN1O51X7
https://www.americangeosciences.org/...ort-and-import
We still have a long way to go regarding employment , watch the U6 Numbers - in my opinion, is a better indicator.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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