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Probably Bush's fault
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Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01666652
Message ID:
01666686
Views:
23
>>>>>>DOW up 9 weeks in a row - most in 24 years
>>>>>>NASDAQ up 7 weeks in a row - most in 10 years
>>>>>
>>>>>ticking time bomb
>>>>I owe a lot to "D" presidents - Carter - I went in debt up to my eye balls in 1966 - paid off the debts in the early 80's with "funny money"
>>>> Obama- Doom and Gloom-- I rolled the dice again with all the money I could get my hands on - turned out just fine,
>>>Sorry, 1976 on Carter.
>>
>>...meanwhile all the "R" presidents in recent (and not so recent) times have a recession during their first term -- and this will be no different. Between an expansion already being nine years old, a poorly timed end of fiscal stimulus, a corporate debt bubble and an unnecessary trade war, etc etc etc. ..like I said -- ticking time bomb.
>...
>>tik..tok tik--tok.
>
>When debt bubbles, best time to cut back easy money is already gone. Still, staying with low interest/cheap money because there is a debt bubble ripe for collapse is oxymoronic finance talk.
>And Trump is angry at FED increasing interest rates - do you find youself on his side arguing for lower interest rates ;-))

...and as a note, all I'm doing is repeating things I've heard - it's not like I actually know much about such things or have any knowledge other than some light studying. In other words I consider myself probably one of the last people you'd want to take serious financial advice from lol. I am convinced they'll be a recession just based upon history alone - but again I'm far from an expert on the subject.
ICQ 10556 (ya), 254117
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