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Norbert

(6,617 posts)
Wed Dec 18, 2024, 05:11 PM Dec 18

So is the Dip Sh!t Still Taking Credit for the Dow?

or will he now go after Powell for scaling back future interest rate cuts.

Dow down 1123.3. It has been a rough week.

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SWBTATTReg

(24,359 posts)
1. He's going to get credit for it going down...markets forecast the future, and before, the pundits didn't have all of the
Wed Dec 18, 2024, 05:31 PM
Dec 18

info. until they thought about it more, and then they realized. Oh oh.

So, the markets have been going down. Witness the Feds dropping interest rates down. IMHO, it won't stop the slide. Too much negative tRUMP news piling on and the markets are just realizing it. That's he is not as great as he all claims he is. (and IMHO, he isn't, he's a big fat loser).

Tarzanrock

(494 posts)
2. The "Trump Economic Recession" has begun.
Wed Dec 18, 2024, 05:31 PM
Dec 18

Joe Biden should have a televised press conference where he speaks directly to the Nation and blames the Wall Street meltdown today on the Turd's forthcoming economic policies and tells the American people that the economic disaster which they voted for in electing the Turd has now started. Biden should directly identify it and specifically name it as the "Trump Economic Recession." Biden should further tell the Country that his hands are tied by the "do nothing" Republican Congress who is purpposefully "aiding and abetting" this forthcoming economic disaster; and, that there is nothing which he nor the Democrats can do to stop it nor alleviate it.

boonecreek

(209 posts)
4. IIRC
Wed Dec 18, 2024, 07:38 PM
Dec 18

only the Federal Reserve Board can fire Powell and
his term isn't up until May of 2026. Lord knows who
Trump will nominate then. I'm sure it will one of the
"best people"

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