[OT] Market DOOM Ahead !? (An Article RickyBoy or steve229 Might Have Written)

15 comments

• warhawks

  •

  8 years ago

  Buy low... sell high. What a mantra to live by.
  
  
• shailynn

  •

  8 years ago

  I'm stuffing all my money under my mattress for 2017.
• Dougster

  •

  8 years ago

  ^^^ bad year to do that!
• sharkhunter

  •

  8 years ago

  The writers probably get paid to write something financial every week. Obviously now they have resorted to picking up ideas from here.
  If Trump gets a 20% tax rate for business instead of 15%, that should be enough to raise earnings and improve the stock value within many Americans 401k accounts.
  If he actually succeeds better than expected, maybe the market exceeds 2600. I would love to get tax breaks, much better pay and hear that our government is solvent and that social security will not be out of funds in 15 or 20 years or that our benefits will need to be cut by 20% or more when I'm ready to retire. At the worst, his tax plans should be 10000000% better than the democrat plans which was to never even submit a budget in congress for years.
• Dougster

  •

  8 years ago

  My take is that Trump is just going to run up the debt so he can lower taxes and spend more on infrastructure (and The Wall). He won the election on his own, in fact, even though Repubs were fighting him, so he no doubt to take it easy to anyone who stands in his way. Doesn't need anyone. (Or at least that's what minds like his will learn from the election.)
  
  So it's a bet that those tax cuts and infrastructure are going to turbo charge the economy and raise tax revenues so the debt doesn't remain a problem If he succeeds in up'ing the growth rate, it will all work out.
  
  Going to be a very exciting year in the markets and nice to see pessimism (which is needed for rallies) making a comeback.
• sharkhunter

  •

  8 years ago

  He could tell some government departments, justify your existence or you're fired. Firing a million unneeded government employees could save a lot of money if they didn't take too long to find new jobs. If a million employees made 50k a year, Trump saved 50 billion a year as long as they find new jobs shortly afterwards and assuming they didn't perform any essential functions.
• shailynn

  •

  8 years ago

  ^^^ in theory that would work - but finding replacement jobs for 1 million at 50K a year is not going to be an easy task.
  
  
• pensionking

  •

  8 years ago

  Without causing a major shock (in terms of unemployment skyrocketing), it would take 10+ years to trim the federal payroll by 1,000,000 jobs. More realistically, institute a hiring freeze and trim every departments budget by 5%. Let them figure out if the savings comes from spending more economically or downsizing the fat or both. Over 8 years, shrink the government size through attrition and systematic small budget cuts.
• Dougster

  •

  8 years ago

  Yeah, I'm skeptical he can get away with the government reductions he talks about. Lay people off or take away someone's favorite government service and you got to be able to withstand the fallout. Far easier to just let the debt keep growing and hope future growth takes care of it.
• Dougster

  •

  8 years ago

  Kayla on CNBC just mentioned that the average year end forecast is 2356: only a 5% gain. Think that will get blown out. Like I say, though, good see skepticism health since it's needed to feed rallies.
• Mate27

  •

  8 years ago

  I stand by my call that any meaningful pull back of 20% or more won't happen until at least 2018. The media has been climbing a wall of worry since 2011, trying to call the next "crash" in true SJG form.
• san_jose_guy

  •

  8 years ago

  Soon the bubble breaks, sooner people stop playing these markets and instead start putting their money into their own ventures and developing their own talents and building up a circle of associates, the better.
  
  SJG
  
  Diadem, Turkish Belly Dancer
  https://www.youtube.com/watch?v=XflEpyOc…
  
  Turkish Belly Dance is usually where they wear the least and are most likely to wear high heels. But her's are not that high.
  
  Can they do good belly dancing in high heels, or are high heels the reason strippers use poles?
  
  more Diadem
  https://www.youtube.com/watch?v=rmZakctn…
  
  barefoot belly dance, but often standing on her toes
  https://www.youtube.com/watch?v=8YQM_zfY…
  
  In her own way, this one is a real turn on!
  
  Barefoot Belly Dancing
  Salma Hayek ____ Belly Dance ____16/9
  https://www.youtube.com/watch?v=DAVT8k-0…
  
  Barefoot Belly Dancing, watch how fast this one can spin to make her skirts fly out. It relates to what I saw one Sunnyvale stripper doing:
  https://www.youtube.com/watch?v=W2BPZcRO…
  
  More barefoot Belly Dancing
  https://www.youtube.com/watch?v=3uNntOeg…
• Dougster

  •

  8 years ago

  Actually I think one of the good things about rising interest rates is that it will give the banks incentive to loan more. So yeah, it should be good for people starting their own businesses.
• sharkhunter

  •

  8 years ago

  I read one projection of 2700 by 2018, then a correction. Sounds like a plan.
• Dougster

  •

  8 years ago

  A little more aggressive than the 2580 I'm thinking, but yeah, definitely a possibility.