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The only thing that will peel off Trump's soft support is a market slump. (Original Post) DemocratSinceBirth Jun 2018 OP
It's on its way. C_U_L8R Jun 2018 #1
"The market can remain irrational longer than you can remain solvent." DemocratSinceBirth Jun 2018 #3
I dunno. These goofballs could lose their homes and Trump would shout "J'Accuse! no_hypocrisy Jun 2018 #2
"Trump's soft support." DemocratSinceBirth Jun 2018 #4
All the more reason for us to register and GOTV. ProgRocknProgPol Jun 2018 #6
This should cheer you up. DemocratSinceBirth Jun 2018 #9
Well, elleng Jun 2018 #5
I can't predict the markets. DemocratSinceBirth Jun 2018 #7
Of course not, elleng Jun 2018 #10
We'll see. DemocratSinceBirth Jun 2018 #12
I heard someone say cannabis_flower Jun 2018 #8
Most economists are expecting a recession 1-2 years from now unblock Jun 2018 #11
We might get a flat to down market for the midterms. DemocratSinceBirth Jun 2018 #13
Agreed. Not down enough to be politically meaningful though. unblock Jun 2018 #14
There's a non zero probability he does something to roil them. DemocratSinceBirth Jun 2018 #15
Democrats stop buying stuff? exboyfil Jun 2018 #16
Stock market is insanely Overvalued quartz007 Jun 2018 #17
No doubt we need some type of economic bad news Awsi Dooger Jun 2018 #18

no_hypocrisy

(46,312 posts)
2. I dunno. These goofballs could lose their homes and Trump would shout "J'Accuse!
Mon Jun 18, 2018, 03:54 PM
Jun 2018

The Democrats caused you to lose your home!" and they'd believe it.

DemocratSinceBirth

(99,719 posts)
4. "Trump's soft support."
Mon Jun 18, 2018, 03:56 PM
Jun 2018

Trump's rabid devotees would follow him to Hell. They would eat shit if liberals had to smell it.

ProgRocknProgPol

(143 posts)
6. All the more reason for us to register and GOTV.
Mon Jun 18, 2018, 04:00 PM
Jun 2018

After my (overblown) worrying about Spanky's approval boost from the Korean "cooldown" (photo-op), I realize thanks to the fine folks here than GOTV is paramount now.

DemocratSinceBirth

(99,719 posts)
7. I can't predict the markets.
Mon Jun 18, 2018, 04:00 PM
Jun 2018

The markets like the fact that Trump has loosened regulations. They have short memories. It was rampant speculation due to lax regulation that precipitated the Great Recession and the Great Depression.

DemocratSinceBirth

(99,719 posts)
12. We'll see.
Mon Jun 18, 2018, 04:06 PM
Jun 2018

If I had spare money lying around I would bet this will be the first down year for the broader markets* since 2009.








* I believe the S&P and Dow were down a tiny bit in 015 but the broader market went up a tiny bit.

unblock

(52,503 posts)
11. Most economists are expecting a recession 1-2 years from now
Mon Jun 18, 2018, 04:04 PM
Jun 2018

It's not likely imminent, but combine a very long expansion with rising interest rates and you've got a combination that historically leads to recession.

Not in time for the midterms, though.

exboyfil

(17,865 posts)
16. Democrats stop buying stuff?
Mon Jun 18, 2018, 04:13 PM
Jun 2018

Of course except for consumables and replacing broken stuff, I.am already at that point.

 

quartz007

(1,216 posts)
17. Stock market is insanely Overvalued
Mon Jun 18, 2018, 04:23 PM
Jun 2018

Trump is nothing more than a snake oil salesman. US treasuries holdings by all major foreign countries are being reduced, with Russia cutting their holdings in half!

The ugly big taxut awarded to richest 1% is exploding national debt every quarter, which means the US$ is in danger of losing value rapidly. The tax cut is not going to expand economy anywhere near enough to balance budgets.

I am sure you all are seeing inflation in groceries, rents, electricity, gas, property taxes, healthcare costs etc. accelerating. FED is increasing interest rates 3 times in 2018, with 3 more expected in 2019.

As interest rates and inflation reach critical mass, stock market will not escape a significant correction. I estimate the time will be fall of 2020, just before the presidential election.

 

Awsi Dooger

(14,565 posts)
18. No doubt we need some type of economic bad news
Mon Jun 18, 2018, 04:25 PM
Jun 2018

Otherwise November is going to be a disappointment, given the overboard expectations.

Obama had the economy primed to boom. Trump inherited it instead of Hillary. That's the sad reality, along with some benefit to corporations based on the tax cuts that will help investors now and hurt the country later.

All of the Economic Confidence Index numbers are near record high right now. And a new report released today indicates that lower income Americans are feeling considerably better about the economy. I've already seen right wingers chirping about that report on other sites. Those are the voters we need but if nothing happens until November then a segment of them will be peeled away.

It is better to understand this than to be in denial. I am heavily invested in the stock market but am willing to face a correction in the fall if it helps our chances in the House and governorships.

Make no mistake, Republicans will find a way to get rid of the Affordable Care Act if given another chance after surviving the midterms.

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