Jacksonville Jaguars Fan Forums

Market Booming This Past Month --- More Continuation of the Obama Boom - Yes We Can !!!

(11-05-2019, 02:31 PM)HURRICANE!!! Wrote: [ -> ]Market Booming This Past Month --- More Continuation of the Obama Boom - Yes We Can !!!

It's a good thing we listen to the opinions of Paul Kreugman and Mark Cuban when it comes to market speculation under Trump.

(11-05-2019, 02:45 PM)StroudCrowd1 Wrote: [ -> ]It's a good thing we listen to the opinions of Paul Kreugman and Mark Cuban when it comes to market speculation under Trump.

Lol .... I drank the Recession Kool-Aid for 3 days moving my $$ to a bond fund   then went pretty aggressive factoring in that Trump will do what he can to keep the economy rolling through Nov 2020. 

(11-05-2019, 04:45 PM)HURRICANE!!! Wrote: [ -> ]

(11-05-2019, 02:45 PM)StroudCrowd1 Wrote: [ -> ]It's a good thing we listen to the opinions of Paul Kreugman and Mark Cuban when it comes to market speculation under Trump.

Lol .... I drank the Recession Kool-Aid for 3 days moving my $$ to a bond fund   then went pretty aggressive factoring in that Trump will do what he can to keep the economy rolling through Nov 2024. 

Fixed for ya.

(11-05-2019, 02:31 PM)HURRICANE!!! Wrote: [ -> ]Market Booming This Past Month --- More Continuation of the Obama Boom - Yes We Can !!!

Pretty much since he walked out that door it's been booming, so I guess it's more the "Good Riddance Obama Boom"

(11-05-2019, 07:10 PM)flsprtsgod Wrote: [ -> ]

(11-05-2019, 02:31 PM)HURRICANE!!! Wrote: [ -> ]Market Booming This Past Month --- More Continuation of the Obama Boom - Yes We Can !!!

Pretty much since he walked out that door it's been booming, so I guess it's more the "Good Riddance Obama Boom"

You are joking right?  He walked into a severe recession caused by the GW Bush regime.  If you didn't get rich during the Obama era then shame on you.  The Dow was down to 6500 under Bush and houses were priced at an all time low.   Sorry you missed out.

(11-05-2019, 04:54 PM)StroudCrowd1 Wrote: [ -> ]

(11-05-2019, 04:45 PM)HURRICANE!!! Wrote: [ -> ]Lol .... I drank the Recession Kool-Aid for 3 days moving my $$ to a bond fund   then went pretty aggressive factoring in that Trump will do what he can to keep the economy rolling through Nov 2024. 

Fixed for ya.

OK - that was good !!

(11-06-2019, 10:24 AM)HURRICANE!!! Wrote: [ -> ]

(11-05-2019, 07:10 PM)flsprtsgod Wrote: [ -> ]Pretty much since he walked out that door it's been booming, so I guess it's more the "Good Riddance Obama Boom"

You are joking right?  He walked into a severe recession caused by the GWhttps://www.wsj.com/articles/why-the-oba...1536619545 Bush regime.  If you didn't get rich during the Obama era then shame on you.  The Dow was down to 6500 under Bush and houses were priced at an all time low.   Sorry you missed out.

https://www.wsj.com/articles/why-the-oba...1536619545

"Before Mr. Obama, in the 11 previous post-Depression recessions, the economy recovered the gross domestic product lost during the recession within an average of 4.6 quarters, or a little over a year. It took Mr. Obama’s recovery 14 quarters, or 3½ years, to reach that point. The Reagan recovery took half that time.


[font=Exchange]Obama apologists argued America could no longer grow any faster than Mr. Obama’s 2% real growth averaged over eight years. Slow growth was the “new normal.” The American Dream was over. Get used to it. Hillary Clinton promised to continue Mr. Obama’s economic policies. America’s blue-collar voters rose up.

The recovery took off on Election Day 2016, as the stock market communicated. Mr. Trump’s tax cuts and sweeping deregulation—especially regarding energy—fundamentally changed course from Mr. Obama. These policies have driven today’s boom, increasing annual growth to more than 3% within six months and now to over 4%."[/font]

The Obama recovery took longer because of the drastic impact of the GW Bush era. There have never been so many foreclosures in the history of the US as their was resulting from the Bush impact. Foreclosures during that time period were estimated at 10 million which was much more significant that anything since the Great Depression of the 1930s

(11-06-2019, 01:49 PM)HURRICANE!!! Wrote: [ -> ]The Obama recovery took longer because of the drastic impact of the GW Bush era. There have never been so many foreclosures in the history of the US as their was resulting from the Bush impact.   Foreclosures during that time period were estimated at 10 million which was much more significant that anything since the Great Depression of the 1930s

A recession that's mainly marked by a selloff of stocks and a spike in unemployment is different from a recession that has those things and also a huge number of home foreclosures.  You're right about this.  I don't know that I'd blame the foreclosures on Bush, but I would blame the slow recovery on the foreclosures.

(11-06-2019, 10:24 AM)HURRICANE!!! Wrote: [ -> ]

(11-05-2019, 07:10 PM)flsprtsgod Wrote: [ -> ]Pretty much since he walked out that door it's been booming, so I guess it's more the "Good Riddance Obama Boom"

You are joking right?  He walked into a severe recession caused by the GW Bush regime.  If you didn't get rich during the Obama era then shame on you.  The Dow was down to 6500 under Bush and houses were priced at an all time low.   Sorry you missed out.

You do realize that it wasn't a President Bush policy that caused the housing bubble and the eventual decline in the market... right?

(11-06-2019, 01:49 PM)HURRICANE!!! Wrote: [ -> ]The Obama recovery took longer because of the drastic impact of the GW Bush era. There have never been so many foreclosures in the history of the US as their was resulting from the Bush impact.   Foreclosures during that time period were estimated at 10 million which was much more significant that anything since the Great Depression of the 1930s

Perhaps you should look up a few terms to figure out what exactly happened.  Subprime mortgage would be a first one.  Next one to study would be adjustable rate mortgage (ARM).  It coincides with the first term.  Home loans were easy to get through the 2000's, especially ARM's which offered attractive payments for the first few years.  Next look at Mortgage-Backed Security (MBS) considering the first two terms.  Finally look up Fannie Mae and Freddy Mac.  Also perhaps research The Community Reinvestment Act.

(11-06-2019, 04:47 PM)jagibelieve Wrote: [ -> ]

(11-06-2019, 10:24 AM)HURRICANE!!! Wrote: [ -> ]You are joking right?  He walked into a severe recession caused by the GW Bush regime.  If you didn't get rich during the Obama era then shame on you.  The Dow was down to 6500 under Bush and houses were priced at an all time low.   Sorry you missed out.

You do realize that it wasn't a President Bush policy that caused the housing bubble and the eventual decline in the market... right?

(11-06-2019, 01:49 PM)HURRICANE!!! Wrote: [ -> ]The Obama recovery took longer because of the drastic impact of the GW Bush era. There have never been so many foreclosures in the history of the US as their was resulting from the Bush impact.   Foreclosures during that time period were estimated at 10 million which was much more significant that anything since the Great Depression of the 1930s

Perhaps you should look up a few terms to figure out what exactly happened.  Subprime mortgage would be a first one.  Next one to study would be adjustable rate mortgage (ARM).  It coincides with the first term.  Home loans were easy to get through the 2000's, especially ARM's which offered attractive payments for the first few years.  Next look at Mortgage-Backed Security (MBS) considering the first two terms.  Finally look up Fannie Mae and Freddy Mac.  Also perhaps research The Community Reinvestment Act.

Telling me about Subprime Mortgages, ARMs, MBS, Fannie Mae, and Freddy Mac is like telling Mark Zuckerberg about Social Media.

(11-06-2019, 04:47 PM)jagibelieve Wrote: [ -> ]

(11-06-2019, 10:24 AM)HURRICANE!!! Wrote: [ -> ]You are joking right?  He walked into a severe recession caused by the GW Bush regime.  If you didn't get rich during the Obama era then shame on you.  The Dow was down to 6500 under Bush and houses were priced at an all time low.   Sorry you missed out.

You do realize that it wasn't a President Bush policy that caused the housing bubble and the eventual decline in the market... right?

(11-06-2019, 01:49 PM)HURRICANE!!! Wrote: [ -> ]The Obama recovery took longer because of the drastic impact of the GW Bush era. There have never been so many foreclosures in the history of the US as their was resulting from the Bush impact.   Foreclosures during that time period were estimated at 10 million which was much more significant that anything since the Great Depression of the 1930s

Perhaps you should look up a few terms to figure out what exactly happened.  Subprime mortgage would be a first one.  Next one to study would be adjustable rate mortgage (ARM).  It coincides with the first term.  Home loans were easy to get through the 2000's, especially ARM's which offered attractive payments for the first few years.  Next look at Mortgage-Backed Security (MBS) considering the first two terms.  Finally look up Fannie Mae and Freddy Mac.  Also perhaps research The Community Reinvestment Act.

You're correct that the Community Reinvestment Act dates back to a Democratic Party President..
And so does Gramm-Leach-Bliley.
These both played important roles in the mortgage crisis.
However one passed Congress with mostly Democratic party votes, and the other one passed congress with mostly Republican party votes.
Odd how you only mentioned the one.


Odd how you neglected to mention the multiple opportunities that George W Bush had to pivot away from these types of policies by changing regulations or priorities, and how each time he pivoted towards short-term boosts to the homeownership rate at the expense of long term solvency.

I hope this partisan version of history you're teaching isn't fooling anyone else.

Bush and his administration turned a blind eye to the policies of the lending industry. He is a pretty decent person as a whole but definitely not the smartest president we've ever had.

BUMP

While you people bicker about impeachment, the stock market is up 10,000 points since Trumps inauguration, which is 54%. My 401(k) had a 24% return this year.

Ok, carry on.

(12-16-2019, 02:02 PM)StroudCrowd1 Wrote: [ -> ]While you people bicker about impeachment, the stock market is up 10,000 points since Trumps inauguration, which is 54%. My 401(k) had a 24% return this year.

Ok, carry on.

Democrats and NeverTrumpers hardest hit.

(12-16-2019, 02:02 PM)StroudCrowd1 Wrote: [ -> ]While you people bicker about impeachment, the stock market is up 10,000 points since Trumps inauguration, which is 54%. My 401(k) had a 24% return this year.

Ok, carry on.

According to Paul Krugman that can't possibly be true.

Election night prediction

(12-16-2019, 09:51 PM)MalabarJag Wrote: [ -> ]

(12-16-2019, 02:02 PM)StroudCrowd1 Wrote: [ -> ]While you people bicker about impeachment, the stock market is up 10,000 points since Trumps inauguration, which is 54%. My 401(k) had a 24% return this year.

Ok, carry on.

According to Paul Krugman that can't possibly be true.

Election night prediction

Krugman is a pretentious lefty masquerading as an economist.

https://www.reddit.com/r/facepalm/commen...ame=iossmf

Unemployment is moving in the wrong direction in Wisconsin, Michigan, Ohio, and Pennsylvania. Population is barely growing in all of them, yet housing prices are going up more than 5% annually in these places. Trump won all four of those states, and he (or Pence) probably needs to hold on to two of them to have any chance in 2020.