It looks like you wear IGNORANCE as a badge of honor and courage?
Trump increasingly agitated
- Thread starter The Barbarian
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It looks like you wear IGNORANCE as a badge of honor and courage?
Trump tweets:
"We have the best growth rate in a decade."
Nope:
He lied to you about that, too.
The Obama recovery continued at the same rate in 2017 as it has for nearly a decade. So unemployment continued to fall last year at the same rate it fell under Obama:
https://www.statista.com/statistics/192398/employment-rate-in-the-us-since-1990/
After a couple of years, the Obama effect is going to fall away, and then it's Trump's baby. So from 2019 on, look for things to get a little rougher.
The stock market is surging on Monday—and it better be.
U.S. stocks are coming off the biggest weekly decline in more than two years, and the aftermath of that drop has market technicians warning that major indexes are on the verge of a full-fledged, technical breakdown.
“The extent of the deterioration in equities is very much a concern given the combination of near-term technical damage, along with the decline in longer-term momentum after having reached record overbought conditions into late January,” wrote Mark Newton, technical analyst at Newton Advisors, in a Monday research note.
Here are some levels that the market is trying to defend or retake in Monday trade after last week’s withering action
According to data from Michael O’Rourke, chief market strategist at JonesTrading, a little more than half of Dow components were trading below their 200-day moving averages (see first chat below), which hadn’t happened since 2015. Meanwhile, about 50% of the S&P 500 components were trading above their 200-day moving averages (see second chart), with a break below indicating “notable technical damage has been done to this market,” O’Rourke wrote.
Newton said the market may have put in a bottom on Friday, but warned that investors should be cautious: “Bottom line, the evidence suggests that last week’s selling should be near at least minor support. However, on any signs of a bounce into early April, one would need to adopt defensive positioning again, and prepare for the possibility of additional selling and implied volatility.”
https://www.marketwatch.com/story/d...the-brink-of-an-absolute-breakdown-2018-03-26
"We have the best growth rate in a decade."
Nope:
He lied to you about that, too.
The Obama recovery continued at the same rate in 2017 as it has for nearly a decade. So unemployment continued to fall last year at the same rate it fell under Obama:
https://www.statista.com/statistics/192398/employment-rate-in-the-us-since-1990/
After a couple of years, the Obama effect is going to fall away, and then it's Trump's baby. So from 2019 on, look for things to get a little rougher.
The stock market is surging on Monday—and it better be.
U.S. stocks are coming off the biggest weekly decline in more than two years, and the aftermath of that drop has market technicians warning that major indexes are on the verge of a full-fledged, technical breakdown.
“The extent of the deterioration in equities is very much a concern given the combination of near-term technical damage, along with the decline in longer-term momentum after having reached record overbought conditions into late January,” wrote Mark Newton, technical analyst at Newton Advisors, in a Monday research note.
Here are some levels that the market is trying to defend or retake in Monday trade after last week’s withering action
According to data from Michael O’Rourke, chief market strategist at JonesTrading, a little more than half of Dow components were trading below their 200-day moving averages (see first chat below), which hadn’t happened since 2015. Meanwhile, about 50% of the S&P 500 components were trading above their 200-day moving averages (see second chart), with a break below indicating “notable technical damage has been done to this market,” O’Rourke wrote.
Newton said the market may have put in a bottom on Friday, but warned that investors should be cautious: “Bottom line, the evidence suggests that last week’s selling should be near at least minor support. However, on any signs of a bounce into early April, one would need to adopt defensive positioning again, and prepare for the possibility of additional selling and implied volatility.”
https://www.marketwatch.com/story/d...the-brink-of-an-absolute-breakdown-2018-03-26
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