8 days into his second term... no move on fiscal cliff talks, stock markets falling hard....
He can't blame this one on Bush.
Goodguy
He can't blame this one on Bush.
Goodguy
8 days in... nothing but the same.
- Thread starter goodguy1977
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Yawn...brilliant and realistic analysis.8 days into his second term... no move on fiscal cliff talks, stock markets falling hard....
He can't blame this one on Bush.
Goodguy
Please tell me your brilliant solution.Yawn...brilliant and realistic analysis.
And this is part of the problem, folks like yourself don't actually give a shit.
This is going to be a very long four years.
Sorry if this insults you, but your comments are a joke, you have no conception of reality. Anyone who thinks a newly president, incumbent or otherwise, will have already made an impact in just 8 days knows nothing about politics, or business for that matter.8 days into his second term... no move on fiscal cliff talks, stock markets falling hard....
He can't blame this one on Bush.
Goodguy
Stock markets are cyclical, what if the market goes up in the next few weeks, are you going to say that was because of Obama? lol If you've been paying attention you will know there is quite a bit of activity behind the scenes on the fiscal cliff, least of all many CEO's of major companies have met to discuss this issue. Obama has called on both the house and senate to work together and get this resolved. Give it at least another day and see if Rome can be built in 9 days instead of 8, lmao.
Hey no worries, I appreciate the input of your post, the other guy was just stupid.Sorry if this insults you, but your comments are a joke, you have no conception of reality. Anyone who thinks a newly president, incumbent or otherwise, will have already made an impact in just 8 days knows nothing about politics, or business for that matter.
Stock markets are cyclical, what if the market goes up in the next few weeks, are you going to say that was because of Obama? lol If you've been paying attention you will know there is quite a bit of activity behind the scenes on the fiscal cliff, least of all many CEO's of major companies have met to discuss this issue. Obama has called on both the house and senate to work together and get this resolved. Give it at least another day and see if Rome can be built in 9 days instead of 8, lmao.
And to answer your question, though to a degree the markets are cyclical can you honestly tell me that this last fall was just cyclical?
Also, Barack has played party lines, his meeting shut out all banking/brokerage firms which is a big mistake.
I might be a joke, but Barkack Obama as president has been the ultimate joke.
And 8 days, and how much market value has been destroyed? I think you my friend you may not know much about politics, business my friend. No offence.
Goodguy
And to answer your first question, if Obama is able to broker a deal (which I hope he does) yes the markets will rally and I will be the first one to say great job. But so far all I see no change and all the excuses for him. Why don't we hold this man responsible for his actions?
I'd also welcome a discussion on the stock markets fun guy since I don't know much about it.....
Goodguy
I'd also welcome a discussion on the stock markets fun guy since I don't know much about it.....
Goodguy
Much of the market activity is due to the situation in Europe, but surely at least some of it is due to Obama.
Probably for good reason. Wall Street had been hoping for Romney, so that he would continue to deregulate them, so that they could go on bilking the taxpayer. Obama will bring an end to the party via financial regulation that will prevent Wall Street from playing the same sorts of shenanigans that got us into the financial crisis. Namely putting an end to the practice of taking big risks where the trading firms get rich if they bet right, and get bailed out by the taxpayer if they bet wrong.
Since that basically amounts to ending the scam in which the financial institutions ripped off taxpayers, you would expect stocks to fall.
Probably for good reason. Wall Street had been hoping for Romney, so that he would continue to deregulate them, so that they could go on bilking the taxpayer. Obama will bring an end to the party via financial regulation that will prevent Wall Street from playing the same sorts of shenanigans that got us into the financial crisis. Namely putting an end to the practice of taking big risks where the trading firms get rich if they bet right, and get bailed out by the taxpayer if they bet wrong.
Since that basically amounts to ending the scam in which the financial institutions ripped off taxpayers, you would expect stocks to fall.
Hello my friend,Much of the market activity is due to the situation in Europe, but surely at least some of it is due to Obama.
Probably for good reason. Wall Street had been hoping for Romney, so that he would continue to deregulate them, so that they could go on bilking the taxpayer. Obama will bring an end to the party via financial regulation that will prevent Wall Street from playing the same sorts of shenanigans that got us into the financial crisis. Namely putting an end to the practice of taking big risks where the trading firms get rich if they bet right, and get bailed out by the taxpayer if they bet wrong.
Since that basically amounts to ending the scam in which the financial institutions ripped off taxpayers, you would expect stocks to fall.
I would have to respectfully disagree, as much of Europe's woes are priced in (Check out CDS spreads on the sov bonds), as for the reason the market falling because wall street can't rip off retail, how does that equate to Apple, Google missing on both eps and rev, and many large corps missing or revs?
Look, i'm not waiving the political flag, i'm just saying that Obama could have come out and really sent a signal out that things are actually getting done. But he didn't.
Goodguy
http://www.youtube.com/watch?v=J_LbEGGQGuU8 days into his second term... no move on fiscal cliff talks, stock markets falling hard....
He can't blame this one on Bush.
Goodguy
Lol.. this isn't political my friend... this is actually about the job being done and what's actually happening.
Goodguy
My solution is called living in the real world.Please tell me your brilliant solution.
And this is part of the problem, folks like yourself don't actually give a shit.
This is going to be a very long four years.
I guess you expect the President, who rules by fiat to just change the world with a snap of his fingers, when the party who has control of the House of Representatives has not yet decided how to go forwards, and several leaders have stated they don't want to pass any major legislation during the lame duck session before the new members are sworn in come January.
The good news is, that idiots like you, who think some magic was supposed to happen within eight days of an election, arn't part of the problem because nobody gives a shit what you think. If you think whining after eight days is your idea of a comprehensive and detailed plan to solve the US's problems...you are even dumber than I thought.
And I note your post surely did not suggest any "brilliant solution."
The biggest one day drop in the market was on Sept 29, 2008, a drop of 777.68 points and Bush was the president, was that his fault and why?Hey no worries, I appreciate the input of your post, the other guy was just stupid.
And to answer your question, though to a degree the markets are cyclical can you honestly tell me that this last fall was just cyclical?
Also, Barack has played party lines, his meeting shut out all banking/brokerage firms which is a big mistake.
I might be a joke, but Barkack Obama as president has been the ultimate joke.
And 8 days, and how much market value has been destroyed? I think you my friend you may not know much about politics, business my friend. No offence.
Goodguy
The third largest stock market gain in one day was 562.59 points on Nov. 13, 2008 and Obama was president for 9 days, was that because he was a brilliant president? If you think so, nuff said.
What you don't understand is market dynamics because if you did you would have not made such a ludicrous posts, and if you were heading a large business empire you would know you can't move an elephant in 8 days and make such a dramatic impact in such a short time fram, that's why I said you have little knowledge of business or politics. The market is influenced with other factors besides Obama, ie. European economic environment, Chinese economy, and many other risk off criteria.
btw, the Dow industrial average is up 9.8% YTD, is that Obama's doing or was because of the GOP?
Wow, this was a truly classy response.My solution is called living in the real world.
I guess you expect the President, who rules by fiat to just change the world with a snap of his fingers, when the party who has control of the House of Representatives has not yet decided how to go forwards, and several leaders have stated they don't want to pass any major legislation during the lame duck session before the new members are sworn in come January.
The good news is, that idiots like you, who think some magic was supposed to happen within eight days of an election, arn't part of the problem because nobody gives a shit what you think. If you think whining after eight days is your idea of a comprehensive and detailed plan to solve the US's problems...you are even dumber than I thought.
And I note your post surely did not suggest any "brilliant solution."
I'm actually looking to communicate with folks who are actually intelligent.
Sorry.
Goodguy
A real big signal. Maybe a smoke signal and some balloons with it...that would have settled all the issues.Hello my friend,
I would have to respectfully disagree, as much of Europe's woes are priced in (Check out CDS spreads on the sov bonds), as for the reason the market falling because wall street can't rip off retail, how does that equate to Apple, Google missing on both eps and rev, and many large corps missing or revs?
Look, i'm not waiving the political flag, i'm just saying that Obama could have come out and really sent a signal out that things are actually getting done. But he didn't.
Goodguy
Would that be fun-guy or are you talking to yourself?Wow, this was a truly classy response.
I'm actually looking to communicate with folks who are actually intelligent.
Sorry.
Goodguy
When you post stupid, childish, partisan stuff, people are going to respond accordingly.
Let's pull it back here friend... the data you mentioned could be or maybe not. I'd have to take a look. But this particular drop in the last week I think is definately fiscal cliff motivated.The biggest one day drop in the market was on Sept 29, 2008, a drop of 777.68 points and Bush was the president, was that his fault and why?
The third largest stock market gain in one day was 562.59 points on Nov. 13, 2008 and Obama was president for 9 days, was that because he was a brilliant president? If you think so, nuff said.
What you don't understand is market dynamics because if you did you would have not made such a ludicrous posts, and if you were heading a large business empire you would know you can't move an elephant in 8 days and make such a dramatic impact in such a short time fram, that's why I said you have little knowledge of business or politics. The market is influenced with other factors besides Obama, ie. European economic environment, Chinese economy, and many other risk off criteria.
btw, the Dow industrial average is up 9.8% YTD, is that Obama's doing or was because of the GOP?
Now I would like to respectfully ask what other factors are modeled into equity prices that aren't effected by the fiscal cliff? I'm assuming risk free rates, cash flows, dividends, cap ex would all be effected by it? What other market dynamics?
I think this would be a great opportunity for me to learn. So I do appreciate it.
Thanks
Goodguy
And just so we play nice I think Bill Clinton did a fantastic job with the economy! We can agree on that right?The biggest one day drop in the market was on Sept 29, 2008, a drop of 777.68 points and Bush was the president, was that his fault and why?
The third largest stock market gain in one day was 562.59 points on Nov. 13, 2008 and Obama was president for 9 days, was that because he was a brilliant president? If you think so, nuff said.
What you don't understand is market dynamics because if you did you would have not made such a ludicrous posts, and if you were heading a large business empire you would know you can't move an elephant in 8 days and make such a dramatic impact in such a short time fram, that's why I said you have little knowledge of business or politics. The market is influenced with other factors besides Obama, ie. European economic environment, Chinese economy, and many other risk off criteria.
btw, the Dow industrial average is up 9.8% YTD, is that Obama's doing or was because of the GOP?
Goodguy
You think fun-guy is making up those numbers?Let's pull it back here friend... the data you mentioned could be or maybe not. I'd have to take a look. But this particular drop in the last week I think is definately fiscal cliff motivated.
Now I would like to respectfully ask what other factors are modeled into equity prices that aren't effected by the fiscal cliff? I'm assuming risk free rates, cash flows, dividends, cap ex would all be effected by it? What other market dynamics?
I think this would be a great opportunity for me to learn. So I do appreciate it.
Thanks
Goodguy
And did you really ask him what factors go into equity pricing not including the fiscal cliff? Are you asking him to teach you the basics of equity pricing?
It just doesn't stop...
What makes you think they would want to communicate with you.Wow, this was a truly classy response.
I'm actually looking to communicate with folks who are actually intelligent.
Sorry.
Goodguy
