Market crashing

Quote: SOOPOO

Oh. Gandler says something is ‘undeniably true’ and thus it magically is! I do believe it is more likely than not, but I guess I’m not as arrogant as you are! Can you tell me who made what illegal trade that you are referring to? I missed it. I sold some stuff before Trump’s speech. Are you accusing me? Or perhaps accusing the other MILLIONS of investors that just figured Trump would say something stupid enough to move the markets south.

How many people had access to Trumps speech before he gave it? 20? 100? More?

I think I asked this before …. If a Joe Shmoe in the printing office saw it, and shorted the entire market, is Mr. Shmoe guilty of anything?

For the record, I never said "illegal trades", that was your verbage. But, it is definitely insider trading (which is often legal for politicians sadly.)

For example buying huge amounts of defense industry stocks/funds hours before the war announcement is made, may be legal, but it is inside trading.

Between trades and sketch crypto deals, Trump is treating this presidency like a piggy bank. Like what kind of president sells a scam crypto coin like 18 year old edgy YouTubers sell? I would say it is empirically indefensible, but I'm sure you will say he is a great capitalist, and if people are dumb enough to buy his coins, that is their problem (just like your comment about Trump University students.)

Quote: Gandler

For the record, I never said "illegal trades", that was your verbage. But, it is definitely insider trading (which is often legal for politicians sadly.)

For example buying huge amounts of defense industry stocks/funds hours before the war announcement is made, may be legal, but it is inside trading.

Between trades and sketch crypto deals, Trump is treating this presidency like a piggy bank. Like what kind of president sells a scam crypto coin like 18 year old edgy YouTubers sell? I would say it is empirically indefensible, but I'm sure you will say he is a great capitalist, and if people are dumb enough to buy his coins, that is their problem (just like your comment about Trump University students.)

Sigh. I’ll bet I have more posts saying Trump has violated the emoluments clause than any other poster here. I’d have no problem if he gets nailed on that charge.
Maybe Geno or MrV can answer my Joe Schmoe question.

Quote: SOOPOO

Sigh. I’ll bet I have more posts saying Trump has violated the emoluments clause than any other poster here. I’d have no problem if he gets nailed on that charge.
Maybe Geno or MrV can answer my Joe Schmoe question.

Don't know about Joe in the printing office, but my Mom once had, while in college, a classmate who worked in the college printing office who sold exams-hot off the press-to students so they could cheat.

Quote: terapined1

My goodness, another stupid misleading meme posted by turtledick designed to fear monger and mislead the uninformed and uneducated here (which it did)

Here are the facts: the S&P future’s quotes from yesterday:
At 9pm on Apr 1: $6560.25
At 9:30pm on Apr 1: $6543.75
At 10:00pm on Apr 1: $6549.75

Between 9pm and 9:30pm the S&P lost $16.50 (-0.25%).
Between 9:30pm an 10pm the S&P gained $6.00 (+ 0.09%)
Between 9pm and 10pm the S&P lost $10.5 (-0.16%)

The meme said that the S&P lost $550 billion of market cap (which is wrong, it was approx $150 billion). The market cap of the S&P is approx $59 trillion. So the supposed loss in market cap was 0.9% (actual loss was 0.25%}.

Quote: terapined1

So you are telling me the price is lower than 2008? That’s impressive! So 18 years ago gas was more expensive! Did the world survive? Did the economy recover? Did the stock market SOAR since then? Are precious metals way up since then? Real estate? Number of Americans living with air conditioning? Number of Americans with cars? Number of Americans with good Internet access?

Listen chicken little, the sky is NOT falling!

Quote: SOOPOO

Quote: terapined1

So you are telling me the price is lower than 2008? That’s impressive! So 18 years ago gas was more expensive! Did the world survive? Did the economy recover? Did the stock market SOAR since then? Are precious metals way up since then? Real estate? Number of Americans living with air conditioning? Number of Americans with cars? Number of Americans with good Internet access?

Listen chicken little, the sky is NOT falling!

2008. A year governed by another GOP President.

Quote: SOOPOO

Quote: terapined1

So you are telling me the price is lower than 2008? That’s impressive! So 18 years ago gas was more expensive! Did the world survive? Did the economy recover? Did the stock market SOAR since then? Are precious metals way up since then? Real estate? Number of Americans living with air conditioning? Number of Americans with cars? Number of Americans with good Internet access?

Listen chicken little, the sky is NOT falling!

Worst President ever
Directly responsible for raising the cost of living for every American with no good reason

Quote: terapined1

Worst President ever
Directly responsible for raising the cost of living for every American with no good reason

Wrong.

Raising the cost of living for MOST OF THE WORLD as well as every American!

; )

Quote: rxwine

Wrong.

Raising the cost of living for MOST OF THE WORLD as well as every American!

; )

I agree 😉
The most hated man on the planet
It's not even close
Has there ever been a President hated by most Americans and most of the world at the same time?
He raised the cost of living for Americans and the entire planet for no good reason
On top of that adding trillions to the US debt
He's hurting Americans now and handicapping future generations with a massive debt