Wealth Should Trickle Up, Not Down

Discussion in 'Economics' started by Stockolio, Jul 27, 2019.

  1. bone

    bone

    You slander and grossly misrepresent me.

    I have posted extensively in the Commodity Futures Forum under the Crude Oil Thread about the protracted and strong (>93%) positive correlation between the broad market equity indices and Crude Oil futures. A strong economy is associated (rightly or wrongly) with a strong stock market - and stronger DEMAND for Crude Oil. Oil prices are comparatively modest due to the abundant SUPPLY - North America is now the largest producer in the World by a comfortable margin.

    Algos do not set the price of Crude Oil as you so ineptly proclaim.

    How are those Puts going for you btw ?
     
    #61     Jul 29, 2019
    Overnight likes this.
  2. themickey

    themickey

    GettyImages-468839213.jpg
     
    #62     Jul 29, 2019
    bone likes this.
  3. luisHK

    luisHK

    Ain t gonna read crapolio long posts, but what call should we be fading today?

    And yeah, what about those puts? From dreams of home runs to a bus ride home in a couple of calls. Top notch visionary that guy is.
     
    #63     Jul 29, 2019
  4. SunTrader

    SunTrader

    The same economy we been having for the last 10 years and same for the markets (that was the bottom back in 2009 or are you just noticing?

    Anyway tRump's market (like he or any other Prez is responsible good or bad what the Dow does) is underperforming Obama.

    Sheeple look at raw numbers and especially look squirrel a new high, tRump even said so on twitter so it must be important, the rest of us look at percentage moves.

    What policy specifically has he "accomplished"? The yuuge tax cut, almost all to those at the top, was borrowed money so even if it is given a little credit for juicing GDP (which btw is dropping quarter by quarter lately) was robbing Peter to pay Paul. Something tRump usually "accomplished" with lawyers.
     
    #64     Jul 29, 2019
    tommcginnis likes this.
  5. SunTrader

    SunTrader

    Have you provided any data showing this?
     
    #65     Jul 29, 2019
  6. zdave83

    zdave83

    EPS. Stock market. GDP. Employment market. All different than Obama-era.
    Pro-business environment. More predicable regulatory environment. Important to businesses.

    "especially look squirrel a new high" ... are you ok ?

    "The same economy we been having for the last 10 years and same for the markets".
    You live in an alternate universe.
     
    #66     Jul 29, 2019
  7. volpri

    volpri

    He lives in Boca Raton. You might wanna look that up. Could have something to do with it? Who knows? He doesn’t like Mr T and odds are never will.
     
    #67     Jul 29, 2019
    zdave83 likes this.
  8. SunTrader

    SunTrader

    ... than you. Yes it's called reality.

    Let's try this again (or not) specific policy tRump has "accomplished".

    Pro business environment is a slogan.

    Fed printing press is responsible for continuing bull market - with declining EPS and GDP btw - keep current. Anyone who has a clue knows fed fueled stock buybacks are what are supporting Dow and S&P. But that won't last forever.
     
    #68     Jul 29, 2019
    Money Trust likes this.
  9. SunTrader

    SunTrader

    But born and raised in Queens, NY just like tRump. Followed the clown since the 80's. Seen through his BS loooong ago. Now so has 2/3rds of the country.
     
    #69     Jul 29, 2019
    tommcginnis likes this.
  10. volpri

    volpri

    Lol we shall see. 2020 landslide...mr T
     
    #70     Jul 29, 2019
    zdave83 likes this.