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The fundamentals of the US economy are strong - Running scared now

Posted: Feb 5th, 2018 - 3:08 pm In Reply to: It appears Dow has lost about 2000 points in 1-1/2 weeks - Edited - Market signals no confidence

I have a fundamental belief that, I have a great belief that the fundamentals of our economy are very strong, very strong.” John McCain 2008

President Bush told a press conference, "I want to assure the American people that the fundamentals for growth are very strong". 2001

White House on Monday said "the fundamentals of the U.S. economy are strong." 2018.

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It appears Dow has lost about 2000 points in 1-1/2 weeks - Edited - Market signals no confidence (Views: 914, 2018-02-05, 2:45 pm)
- Today largest one-day drop - EVER. (Views: 649, 2018-02-05, 2:53 pm)
  - He'll blame it on the "treasonous" democrats. - Winston (Views: 828, 2018-02-05, 2:56 pm)
  - Interesting Numerology. - Anna (Views: 934, 2018-02-05, 9:14 pm)
- The fundamentals of the US economy are strong - Running scared now
  - U.S. Auto, Consumer Sectors to Implode? - Hanna (Views: 802, 2018-02-05, 10:19 pm)
    - Many Democrats use a translator for what is going on - in the stock market. Like that fake interpreter (Views: 657, 2018-02-06, 2:01 am)
      - Interesting that you say Republicans put out false statements - sm (Views: 605, 2018-02-06, 6:27 am)
      - The stock drop is the fault of the Federal Reserve which - is draining billions of dollars from the (Views: 619, 2018-02-06, 7:13 am)
- It's because of inflation fears. - nm (Views: 700, 2018-02-05, 3:20 pm)
  - its because of massive tax cuts - for the rich (Views: 618, 2018-02-05, 3:26 pm)
    - European stock markets dive as global sell off continues, - It's not just the US. (Views: 575, 2018-02-05, 3:40 pm)
      - There is a ripple effect around the world - markets are connected (Views: 594, 2018-02-05, 7:14 pm)
      - This is the best explanation I've heard. Rising interest rates - The central bank, following it's (Views: 642, 2018-02-06, 2:33 am)
    - When the tax bill was passed, the stock market - went up. So that makes no (Views: 584, 2018-02-05, 4:49 pm)
    - Tax cuts for the rich! This is coming from CNN. - Keep taxes high and choke off growth (Views: 622, 2018-02-06, 7:09 am)
      - Just shows you that economics, politics and propaganda - are all tied together. Economics (Views: 597, 2018-02-06, 7:12 am)
        They do by saying cutting taxes can cause - inflation. nm (Views: 830, 2018-02-06, 7:28 am)
        This is ridiculous. Letting people keep more of their money - does not cause inflation. Keeping (Views: 571, 2018-02-06, 8:17 am)
        Tax cuts for companies allow them to invest MORE and hire - MORE. They are bringing MORE money (Views: 565, 2018-02-06, 8:22 am)
        It's a natural correction to an unnatural - growth that was going on (Views: 634, 2018-02-06, 8:39 am)
  - MSM is loving this. It's a diversion from the FISA memo. - They did the same thing when Reagan (Views: 713, 2018-02-05, 3:30 pm)
    - What all the Liberal Fascists refuse to state is - that under Pres. Trump the stock market (Views: 757, 2018-02-05, 6:01 pm)
      - It's still up 28% even with the drop - nm (Views: 627, 2018-02-06, 1:21 am)
      - My 401 crashed after Bush wars and other failed - policies. Obama's policies (Views: 622, 2018-02-06, 9:27 am)
        I find that hard to believe unless your only stocks are - solar panels. The market is still up 28%. (Views: 707, 2018-02-06, 11:30 am)
        I don't think you understood - my post. nm (Views: 589, 2018-02-06, 12:27 pm)
  - I saw that too. The stock market went too high too fast and - now it's trying to reach it's reasonable (Views: 586, 2018-02-05, 3:32 pm)
    - Yellen left Friday and said something about a bubble. - This certainly is a factor in some (Views: 583, 2018-02-05, 4:43 pm)
    - Republicans have been complaining about Yellen's policies - sm (Views: 589, 2018-02-05, 7:27 pm)
  - It's exactly what anyone would expect after the sell off - on Friday. Now, all we can do is (Views: 667, 2018-02-05, 3:35 pm)
  - Yes, many investors have been bracing for a pullback - for months, as the stock market (Views: 673, 2018-02-05, 5:03 pm)
  - Robots in finance bring new risks to stability, - regulators warn... (Views: 606, 2018-02-06, 2:06 am)
- Its because the Wall Street deregulator may be impeached - Party over (Views: 681, 2018-02-05, 3:34 pm)
- Dow - Listen to (Views: 586, 2018-02-05, 3:42 pm)
  - That's what happened in 2008. According to CNBC, - the biggest institutional trade in the (Views: 620, 2018-02-05, 3:44 pm)
    - The VIX is volatile because of the political situation - Putin/Trump (Views: 810, 2018-02-05, 3:48 pm)