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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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I wonder who will be blamed for the Dow dropping....
Since the Dow is down almost 200 points, it *can't* be trump's fault. It's only his doing when it goes up... I wonder who he'll blame?
(I know that the president doesn't directly control the stock market, but banning a religion and having a large number of countries actively denounce the edict WILL have a big negative effect.)
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Posted 1/30/17 1:30 PM  |
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Pumpkin1
LIF Adult
Member since 12/05 3715 total posts
Name:
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I wonder who will be blamed for the Dow dropping....
Either Delta Airlines or Obama.
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| Posted 1/30/17 1:38 PM |
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mrsrainbow
LIF Adult
Member since 1/17 1465 total posts
Name:
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I wonder who will be blamed for the Dow dropping....
To quote that one poster - how do you like them apples?
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| Posted 1/30/17 1:38 PM |
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stinger
LIF Adult
Member since 11/11 4971 total posts
Name:
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Re: I wonder who will be blamed for the Dow dropping....
Posted by mrsrainbow
To quote that one poster - how do you like them apples?
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| Posted 1/30/17 3:01 PM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
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Re: I wonder who will be blamed for the Dow dropping....
Posted by mrsrainbow
To quote that one poster - how do you like them apples?
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| Posted 1/30/17 3:26 PM |
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klingklang77
kraftwerk!
Member since 7/06 11486 total posts
Name:
Völlig losgelöst
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Re: I wonder who will be blamed for the Dow dropping....
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| Posted 1/30/17 3:27 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: I wonder who will be blamed for the Dow dropping....
... and it's starting off today heading down again...
and yet... no tweets from the trumpster about this being all because of him and his great business acumen.... weird...
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| Posted 1/31/17 10:00 AM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
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Re: I wonder who will be blamed for the Dow dropping....
Posted by GoldenRod
... and it's starting off today heading down again...
and yet... no tweets from the trumpster about this being all because of him and his great business acumen.... weird...
Weird indeed lol
Message edited 1/31/2017 10:07:14 AM.
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| Posted 1/31/17 10:06 AM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: I wonder who will be blamed for the Dow dropping....
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| Posted 1/31/17 10:12 AM |
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Jenhos
Maeve
Member since 6/05 3273 total posts
Name:
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Re: I wonder who will be blamed for the Dow dropping....
But I thought you guys already made it clear the market was up recently because of the strong economy that Obama built. So now when it is down it is Trump's fault. So which is it?
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| Posted 1/31/17 10:23 AM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: I wonder who will be blamed for the Dow dropping....
Posted by Jenhos
But I thought you guys already made it clear the market was up recently because of the strong economy that Obama built. So now when it is down it is Trump's fault. So which is it?
The president doesn't directly affect the Dow. We've discussed that many times. However, trump tweeted that the Dow passed 20k because of him.
I'm just pointing out the hypocrisy in HIS statements. He loves taking credit for anything good, but passes the buck for anything bad.
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| Posted 1/31/17 10:27 AM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: I wonder who will be blamed for the Dow dropping....
Posted by GoldenRod
Posted by Jenhos
But I thought you guys already made it clear the market was up recently because of the strong economy that Obama built. So now when it is down it is Trump's fault. So which is it?
The president doesn't directly affect the Dow. We've discussed that many times. However, trump tweeted that the Dow passed 20k because of him.
I'm just pointing out the hypocrisy in HIS statements. He loves taking credit for anything good, but passes the buck for anything bad.
 Yep,
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| Posted 1/31/17 10:31 AM |
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Bugaboo
Relax!
Member since 5/05 2133 total posts
Name:
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Re: I wonder who will be blamed for the Dow dropping....
Posted by GoldenRod
Posted by Jenhos
But I thought you guys already made it clear the market was up recently because of the strong economy that Obama built. So now when it is down it is Trump's fault. So which is it?
The president doesn't directly affect the Dow. We've discussed that many times. However, trump tweeted that the Dow passed 20k because of him.
I'm just pointing out the hypocrisy in HIS statements. He loves taking credit for anything good, but passes the buck for anything bad.
The President's policies do affect the stock market though. The fall in the market is correlated to the immigration ban and other trade issues because it negatively affects American companies.
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| Posted 1/31/17 10:33 AM |
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KarenK122
The Journey is the Destination
Member since 5/05 4431 total posts
Name:
Karen
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I wonder who will be blamed for the Dow dropping....
The Dow goes up and down all the time. It was ridiculous for Trump to take claim for that just as it is ridiculous to claim he caused a drop (which I'm not saying anyone has). When the Dow drops over 2000 points then I'll be concerned. And for what it's worth, I think we are flirting with disaster having the Dow at 20,000 but that is a topic for another day.
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| Posted 1/31/17 10:42 AM |
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NervousNell
Just another chapter in life..
Member since 11/09 54921 total posts
Name:
..being a mommy and being a wife!
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Re: I wonder who will be blamed for the Dow dropping....
Posted by KarenK122
The Dow goes up and down all the time. It was ridiculous for Trump to take claim for that just as it is ridiculous to claim he caused a drop (which I'm not saying anyone has). When the Dow drops over 2000 points then I'll be concerned. And for what it's worth, I think we are flirting with disaster having the Dow at 20,000 but that is a topic for another day.
Agree. Also, anytime you have the dow jump up, you are going to have profit takers who are selling a lot of stock to make a profit, so it will usually drop after a rise like that for a while.
I don't think any of it- up or down- can be credited to Trump at this point.
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| Posted 1/31/17 10:45 AM |
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