Bad Economic Predictions
Bad Economic Predictions
It's not me, it's someone else.
Bad Economic Predictions
So, they don't do as well without a trade deal that favors their side? Huh. That just defies logic.
"Be bold, and mighty forces will come to your aid."
Bad Economic Predictions
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
-
- Posts: 8056
- Joined: Thu May 20, 2004 7:32 pm
Bad Economic Predictions
Seems like, to me, it would be a good plan (for Trump's re-election chances anyway) to let the market correct NOW, then roar back by early 2020."Don't let the market become any more illiquid than it already is," Trump tweeted. "Stop with the 50 B's. Feel the market, don't just go by meaningless numbers. Good luck!"
I guess maybe he hopes if the Fed stays off the brakes the bubble won't pop until after the next election.
Bad Economic Predictions
Recessions of the past few decades have averaged about 1 year. Getting back to full employment has taken a few years. So if the recession were 2019, we'd be 'good' again around 2022-2023
It's not me, it's someone else.
-
- Posts: 8056
- Joined: Thu May 20, 2004 7:32 pm
Bad Economic Predictions
Yeah but do things have to be back to “good” or is “getting better” sufficient?
Bad Economic Predictions
Good. I don't remember anyone being very excited about the economy in 2002, 2003, 2010, or 2011
It's not me, it's someone else.
Bad Economic Predictions
You have $100, I take $5. Are you OK when you have $96?
It's not me, it's someone else.
-
- Posts: 8056
- Joined: Thu May 20, 2004 7:32 pm
Bad Economic Predictions
No but we are talking about the average voter who doesn’t remember anything
Bad Economic Predictions
I know the economy will.never be as amazing as it was under the God Obama.
"Be bold, and mighty forces will come to your aid."
-
- Posts: 8056
- Joined: Thu May 20, 2004 7:32 pm
Bad Economic Predictions
Fed raises rates, as expected. But they left in language about next year's raises, but added a bit of language about being more dovish on raises.
Market down on the news, had been expecting the Fed to be a bit more cautious in their outlook.
Market down on the news, had been expecting the Fed to be a bit more cautious in their outlook.
It's not me, it's someone else.
Bad Economic Predictions
Markets down again.
I would use this as an opportunity to look at some stocks that may have bright futures but have been dropped. If you're into risk, AMZN might be a decent buy (currently at) 1440 or lower, 30% below its peak earlier this year.
AAPL down 31%, testing it's year lows.
I would use this as an opportunity to look at some stocks that may have bright futures but have been dropped. If you're into risk, AMZN might be a decent buy (currently at) 1440 or lower, 30% below its peak earlier this year.
AAPL down 31%, testing it's year lows.
It's not me, it's someone else.
Bad Economic Predictions
Down even further with AMZN touching 1315; AAPL down to 148; DOW down 18.5% (22,000).
It's not me, it's someone else.
Bad Economic Predictions
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Bad Economic Predictions
Depending on the initial state of your tax levels, that is.Leisher wrote: Higher taxes won’t fix fucked up budgets.
Our empirical findings show that the tax multiplier is essentially zero under relatively low/moderate initial tax rate levels and more negative as the initial tax rate and the size of the change in the tax rate increase.
It's not me, it's someone else.
Bad Economic Predictions
And back to 1500 1 week later. That's some awesome volatility.
It's not me, it's someone else.
Bad Economic Predictions
Tesla missed shipping goals for new cars; Netflix missed subscription targets, but more importantly Chinese manufacturing fell into contraction
It's not me, it's someone else.
Bad Economic Predictions
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Bad Economic Predictions
On the other hand, they are doing something smart, and ending their Apple tax for subscription revenue
It's not me, it's someone else.