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Market reacts........
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Jan 4, 2019 23:20:51   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
lenben wrote:
Note that historically, the market follows the policies of the outgoing President (in this case Obama) for roughly two years. Trump of course takes credit for this in his tweets. After about two years, the new president (Trump) then receives the blame. Check out the market now that in fact Trump is responsible.


Talk about a line of bulls**t.....your eyes are dark brown.

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Jan 4, 2019 23:21:58   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
Twardlow wrote:
Just because A is followed by B doesn’t mean B caused A.

Saying that the “e******n” resulted in something proposes a cause and effect you have failed to establish.


Remember that next time you’re pushing your subjective swill, genius. Just trying to use methods the bottom feeders can follow.

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Jan 4, 2019 23:34:58   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
wooden_ships wrote:
Wow, where to begin?

Apple announced sales for Q4 would fall far short of forecasted earning due to slow sales in China. Tim Cook cited several contributing factors but the most impactful is the trade war which is causing uncertainty for all companies dependent on sales in China. That's why the market plunged.

Also, your claim about the highest stock market in history needs clarification because trump is not the direct cause (though he is a contributing factor). The market is like a fully loaded oil supertanker... it takes a long time for it to change direction. The market has been steadily gaining since the 2008 depression. The economy began turning for the better due to steps taken shortly after the "bailout" was passed, the economy began turning in direction. It has been recovering steadily since then. Clearly Trump has been a part of it - corporate America just loved his tax break but he is not the sole cause not the most significant contributor.

However, a president can sink the economy very quickly with a war.... including a trade war. Bingo! Now the market is very shaky and has lost a significant amount of market capitalization. The trade war and protective tariffs are not just slowing our economy but also China's and in turn slowing the world economies. That is the fear that Trump is causing and why the market is dropping.

One last point; something you will undoubtedly fine inconvenient; Pelosi was the leader in getting the "bailout" through the House in 2008 - while BUSH was still president.

You knuckleheads will say anything.... just like Trump will say wh**ever comes into his tiny little brain.... for instance, his defense of Russia's invasion of Afganistan. The Wall Street Journal castigated him for his revisionist history...it's just like your efforts to pin the market downturn on Pelosi. It appeals to you because it makes her look bad when, in t***h, it just makes you look stupid and uninformed.
Wow, where to begin? br br Apple announced sales ... (show quote)




Don’t be an i***t, don’t make things up, and don’t put words in my mouth.....I don’t want to be seen as ignorant as you.

Bailout??? Bailout???? WTF are you trying to put the “bailout” in my post? I posted about “free money” from the Fed.....you caught up yet, bunky? QE!

Note it WAS the highest market in history.....several times.....and your ignorance in not understanding the market is forward looking is kinda sad. ALSO NOTE ITS AROUND 30% higher than when Obama left office BECAUSE of the forward looking market seeing better policies and actions than the previous 8 years (you know, lower taxes, less dumbazzz regulations, more companies incentivized to come back or stay here, etc.)

Apple? Yes, when you charge 1000 for a stupid phone it shouldn’t be surprising they aren’t selling very well. Add in the fact that Apple has been bribing China for years by giving them access to core technology for the privilege of selling in China, and now Chinese competitors suddenly have the same technology and now are underselling them, is shocking.....just shocking! Yet deserved!

Finally....quit confusing the economy with the market and resecciones with depressions.

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Jan 5, 2019 00:18:52   #
wooden_ships
 
Cykdelic wrote:
Don’t be an i***t, don’t make things up, and don’t put words in my mouth.....I don’t want to be seen as ignorant as you.

Bailout??? Bailout???? WTF are you trying to put the “bailout” in my post? I posted about “free money” from the Fed.....you caught up yet, bunky? QE!

Note it WAS the highest market in history.....several times.....and your ignorance in not understanding the market is forward looking is kinda sad. ALSO NOTE ITS AROUND 30% higher than when Obama left office BECAUSE of the forward looking market seeing better policies and actions than the previous 8 years (you know, lower taxes, less dumbazzz regulations, more companies incentivized to come back or stay here, etc.)

Apple? Yes, when you charge 1000 for a stupid phone it shouldn’t be surprising they aren’t selling very well. Add in the fact that Apple has been bribing China for years by giving them access to core technology for the privilege of selling in China, and now Chinese competitors suddenly have the same technology and now are underselling them, is shocking.....just shocking! Yet deserved!

Finally....quit confusing the economy with the market and resecciones with depressions.
Don’t be an i***t, don’t make things up, and don’t... (show quote)

You misrepresent virtually any fact that conflicts with your hatred of all things unfavorable to trump.

Most people understand the relationship of the economy to the market - even your posts show it. For instance, today’s market rose over 700 points due to good economic news - jobs report for December.

What a fraud; why do you lie and confirm your inadequacy when you can keep your mouth shut?

Thanks for the laugh; you really lie and misrepresent badly. You should see if Sanders or Conway need a gofer
😂😂😂😂😂

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Jan 7, 2019 11:41:49   #
Pegasus Loc: Texas Gulf Coast
 
wooden_ships wrote:
Wow, where to begin?

Apple announced sales for Q4 would fall far short of forecasted earning due to slow sales in China. Tim Cook cited several contributing factors but the most impactful is the trade war which is causing uncertainty for all companies dependent on sales in China. That's why the market plunged.
(snip)


That is totally incorrect. Tim Cook, in his letter to investors of January 2, 2019 talked about 4 factors that affected the sales:
1- Timing of iPhone launches. They tripped over their own weenie and clobbered their own sales cycle. That's the most important factor.

2- Strong US dollar. Yes, the US economy is very strong. MAGA.

3- Apple launched an "unprecedented number of new products" and got hit in the supply chain. Again, they clobbered themselves by announcing products which they could not get to market in sufficient numbers.

4- Economic weakness in some merging markets. No kidding; not everyone can afford a $1000 phone every couple of years. The new iPhones are not enough better than the earlier ones to cause people absolutely want these new phones. It's the same thing that happened with desktops at the turn of the millennium; at some point, the hardware is no longer struggling under the weight of the software so then whereas before you had to upgrade every two years, now it's 5 or 6 years or more. The same thing is happening with the smartphones.

Also, the battery issue is much more important than most people realize. Folks are loathe to have to get a new iPhone just because the battery on their current iPhone is dying. Apple took it on the chin when it was revealed they deliberately slowed down their iPhones over time to push people to upgrade. They had to get a program going where you could get the battery changed for very little money. That hurt them.

Every single battery they replaced for $29 meant the loss of a $1000 new phone sale.

He does mention the economy in China is slowing down and is being affected by the trade disputes, he does mention the fact most people now have to buy their phones rather than get it subsidized by the carriers via monthly fees and spending $1000 just because your battery is wearing out is not easy to justify for many, and probably most people all over the world. Apple decided to only sell high-end phones and that segment of the market is limited and quite saturated.

This is something that Steve Jobs would have seen but then again, Apple was Steve Jobs and Steve Jobs was Apple. As long as Tim Cook is more interested being a SJW than a the CEO of Apple, that will affect Apple.

I wish Apple well, I do not use their products but I do want them to resume doing well and concentrate on products and customers and be innovators or at least keep up with the rest of the industry.

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Jan 8, 2019 08:34:24   #
LWW Loc: Banana Republic of America
 
dirtpusher wrote:
So you changed the fact an saying Obama was in office in 2006. That's interesting


He was elected in 2006, and following a D congress and RINO POTUS things went south ... fast.

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Jan 8, 2019 08:46:12   #
dirtpusher Loc: tulsa oklahoma
 
LWW wrote:
He was elected in 2006, and following a D congress and RINO POTUS things went south ... fast.


That's interesting. So history has it all wrong then.

January 20, 2009, when Barack Obama was inaugurated as the 44th President of the United States,



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Jan 8, 2019 12:34:36   #
LWW Loc: Banana Republic of America
 
dirtpusher wrote:
That's interesting. So history has it all wrong then.

January 20, 2009, when Barack Obama was inaugurated as the 44th President of the United States,


Get the 5 year old and have them explain it to you again.

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Jan 8, 2019 13:12:36   #
Twardlow Loc: Arkansas
 
LWW wrote:
He was elected in 2006, and following a D congress and RINO POTUS things went south ... fast.


from /wikipedia:

(And I quote)

Barack Hussein Obama II (/bəˈrɑːk huːˈseɪn oʊˈbɑːmə/ (About this soundlisten);[1] born August 4, 1961) is an American attorney and politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American to be elected to the presidency. He previously served as a senator from Illinois from 2005 to 2008.

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Jan 9, 2019 10:49:39   #
dirtpusher Loc: tulsa oklahoma
 
LWW wrote:
Get the 5 year old and have them explain it to you again.


You need one

Was obamma still pres in 06. Lol

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