"Moral hazard" was minimal at most, temporary and did little to change landscape.
Causation of single day market moves are not hard to prove. You can line the info publication up with the moves in, you know, real time.
The idea that 5 years of QE "suddenly" tanks a market 15 minutes after China announces retalitory tariffs list is just stupid, end stop. You can dance on the head of all the pins you want, but it doesn't make that claim fit for anyone but a pin-head.
But here, how's about looking at some, you know, data...
https://www.bloomberg.com/news/arti...-are-reacting-to-u-s-china-trade-tariff-plans
Seems the Obama economy has met it's match . . . Trump does like to do just the opposite of his predecessor, for better or for worse. Obama brought us up and out of the edge of depression, Trump will take us back.
Seems the Obama economy has met it's match . . . Trump does like to do just the opposite of his predecessor, for better or for worse. Obama brought us up and out of the edge of depression, Trump will take us back.
Now we know why you are in television.To be clear, though. I am not talking about the overall trajectory of the economy. I was simply talking about the major 1 day moves in the past 6 weeks or so. They are clearly tied to threat of tariff - almost to the minute. The market is also concerned with deficit/inflation concerns, but not with the same immediacy or uniformity. And the market is not the economy. Earnings season will likely be good, in part due to tax moves, but with employment tight and wages and rent perhaps being squeezed, inflation concerns are real. They just are not what primarily moved the market on the specific days that Trump or China announced Tariff intentions.
China talking about devaluing or pushing down value of Yuan. The US has devalued the the USD$ esp relative China. Will Trump label china currencey manipulator? There's lots of things that go into long-term ecomonic health and growth and even trade and they are way more complex. But the short-term moves immediately following policy announcements... it don't take a rocket surgeon.
Seems the Obama economy has met it's match . . . Trump does like to do just the opposite of his predecessor, for better or for worse. Obama brought us up and out of the edge of depression, Trump will take us back.
Indicators and trends . . .To be clear, though. I am not talking about the overall trajectory of the economy. I was simply talking about the major 1 day moves in the past 6 weeks or so. They are clearly tied to threat of tariff - almost to the minute. The market is also concerned with deficit/inflation concerns, but not with the same immediacy or uniformity. And the market is not the economy. Earnings season will likely be good, in part due to tax moves, but with employment tight and wages and rent perhaps being squeezed, inflation concerns are real. They just are not what primarily moved the market on the specific days that Trump or China announced Tariff intentions.
China talking about devaluing or pushing down value of Yuan. The US has devalued the the USD$ esp relative China. Will Trump label china currencey manipulator? There's lots of things that go into long-term ecomonic health and growth and even trade and they are way more complex. But the short-term moves immediately following policy announcements... it don't take a rocket surgeon.
That must only make sense in extreme nutterville . . . which is where I find myself when conversing with you and your little classmates in here.
Now we know why you are in television.
Incapable of bagging a real-life A-list girlfriend, Trump later turned to Twitter, a refuge for wannabes and outsiders everywhere. He’s shared his opinions on numerous entertainment world happenings, chiming in on Kristen Stewart and Robert Pattinson’s relationship and advising Miley Cyrus not to “worry about Liam.” It seems that the A-listers who Trump tweeted about weren’t texting him back or offering to hang out at Trump Tower—so he had to console himself with the has-beens who agreed to appear on The Celebrity Apprentice.Many prominent conservatives in the Trump orbit spend their days railing against ‘Hollywood elites’ while desperately trying to join the club.
https://www.thedailybeast.com/hollywoods-thirstiest-wannabes-conservatives
Incapable of bagging a real-life A-list girlfriend, Trump later turned to Twitter, a refuge for wannabes and outsiders everywhere. He’s shared his opinions on numerous entertainment world happenings, chiming in on Kristen Stewart and Robert Pattinson’s relationship and advising Miley Cyrus not to “worry about Liam.” It seems that the A-listers who Trump tweeted about weren’t texting him back or offering to hang out at Trump Tower—so he had to console himself with the has-beens who agreed to appear on The Celebrity Apprentice.
Perhaps nobody’s said it better than George Clooney, self-appointed Trump administration shit-stirrer. “Donald Trump has 22 acting credits,” Clooney proclaimed. “He collects $120,000 a year in his Screen Actors Guild pension fund. He is a Hollywood elitist”—a Hollywood elitist who everyone in Hollywood hates.
I already told you, finance izn't my forte and that's why I hired Brudda Iz to help me in all my business and finance decisions.And we still know why you're in the sauce.
And we know you're still in the sauce because you make stupid comments about the market...
Racist sterno-jo, cute even when he's bathing in his own vomit.
You are a liar, or an idiot, or both. You hired a Navy recruitment guy to tend to your vast fortune? Is buying you lottery tickets?I already told you, finance izn't my forte and that's why I hired Brudda Iz to help me in all my business and finance decisions.
Dummy
Why would you, #1, doubt what I say, #2, talk down one of the great financial minds of our time?You are a liar, or an idiot, or both. You hired a Navy recruitment guy to tend to your vast fortune? Is buying you lottery tickets?
Now you are dissing dizzy?Why would you, #1, doubt what I say, #2, talk down one of the great financial minds of our time?
Oh well looky here. The snopes and fee article guy.I like the part where diz said, "You people are famous for your sound bite assessments of causation in economic policy. " Lol, the irony coming from him...
You certainly aren't one to back away from a false narrative, even your own.Oh well looky here. The snopes and fee article guy.