2019 Economic Outlook Grim

[grean]

https://www.cnbc.com/2018/11/20/goldman-sachs-2019-stock-market-outlook-raise-cash-and-get-defensive.html

Trump took credit for the good economy . Will he take the heat for the bad one next?

Economy expected to grow but at a snails pace.

What excuses will he or his followers make to shirk the responsibility?

[WTF]

Originally Posted by grean

https://www.cnbc.com/2018/11/20/goldman-sachs-2019-stock-market-outlook-raise-cash-and-get-defensive.html

Trump took credit for the good economy . Will he take the heat for the bad one next?

Economy expected to grow but at a snails pace.

What excuses will he or his followers make to shirk the responsibility?

That is what they have been projecting for the last year. It is just that Trump and his many followers have not wanted to acknowledge that yruth.

No way their tax projections to justify this tax cut for the rich would have added up with reality based numbets.

[I B Hankering]

Bank Shares Tumble after "Mad Maxine" Says Easing Banking Regulations ‘Will Come to an End’ When She Takes Charge


(Yahoo)

.

"Mad Maxine" may slow deregulation and harm economic growth

(CNBC)

[WTF]

Originally Posted by I B Hankering

.

the banking stocks have not been the problem

[friendly fred]

Originally Posted by grean

https://www.cnbc.com/2018/11/20/goldman-sachs-2019-stock-market-outlook-raise-cash-and-get-defensive.html

Trump took credit for the good economy . Will he take the heat for the bad one next?

Economy expected to grow but at a snails pace.

What excuses will he or his followers make to shirk the responsibility?

Fuck CNBC and Goldman and their market projections - let's see what happens next year.

No one knows, least of all those assholes.

[gnadfly]

Originally Posted by grean

https://www.cnbc.com/2018/11/20/goldman-sachs-2019-stock-market-outlook-raise-cash-and-get-defensive.html

Trump took credit for the good economy . Will he take the heat for the bad one next?

Economy expected to grow but at a snails pace.

What excuses will he or his followers make to shirk the responsibility?

The Democrats in power will try to drive the economy into the ditch. The fact that Mad Maxine Waters chairs any committee is a testament to their incompetence.

There is no heat to take for the bad one by President Trump. The on coming lack of consumer confidence and associated job loss is to be squarely placed at the feet of the Democratic Party.

BTW, its going to be worse than the last two years but why "grim?" Grim implies an out and out depression. I'll go along with "markedly worse."

[WTF]

Originally Posted by gnadfly

There is no heat to take for the bad one by President Trump. The on coming lack of consumer confidence and associated job loss is to be squarely placed at the feet of the Democratic Party.

"

21 Trillion dollars debt and higher interest rates is the Dems fault?

I thought Trump said he would lower the debt....or even eliminate it!

So you think the voters will blame the Dems?

[bigwill832]

Time for the FED to start pumping some money into the market.

[Lantern2814]

Yes it will be the Dems who pay a big price in 2020. Notice how things went down as soon as the DEMS started spouting off their usual idiocy. This is ALL on Pelosi and company if things tank. Then again, the Dims don't even have their own house in order so it may take a bit for them to start any mischief.

[WTF]

Originally Posted by bigwill832

Time for the FED to start pumping some money into the market.

Why, interest rates have too low for too long. Now maybe our retirees can park their money in a safe investment and get a decent return.

Maybe the Dems will get a boost from this.

[gnadfly]

Originally Posted by bigwill832

Time for the FED to start pumping some money into the market.

MORE FREE MONEY!

That ship has sailed. Interest rates were historically low for most of Obama's term and he couldn't even manage modest GDP growth. I'm not saying that we'd benefit from more cheap money temporarily but the market in the long run determines the interest rates and it can't be kept artificially low forever.

[gnadfly]

Originally Posted by Lantern2814

Yes it will be the Dems who pay a big price in 2020. Notice how things went down as soon as the DEMS started spouting off their usual idiocy. This is ALL on Pelosi and company if things tank. Then again, the Dims don't even have their own house in order so it may take a bit for them to start any mischief.

They should be they won't because you have the media espouting "Ocasio-economics" where women believe they can crank the A/C to 66 degrees and still have a low electric bill.

[WTF]

Originally Posted by gnadfly

MORE FREE MONEY!

That ship has sailed. Interest rates were historically low for most of Obama's term and he couldn't even manage modest GDP growth. I'm not saying that we'd benefit from more cheap money temporarily but the market in the long run determines the interest rates and it can't be kept artificially low forever.

Trump has given the market nothing but a sugar high.

His followers will of course blame anyone but him for the harm his tax policy have caused.