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allgood33

(1,584 posts)
Sat Jan 19, 2019, 09:06 AM Jan 2019

We aren't paying enough attention to the stock market and what is happening.

By any reasonable assumption, one would expect that the devastating impact of the furloughs on our economy would have the stock market a little nervous. But with the sanctions being lifted on the Russian oligarchs, Trump had promised Putin, the market took off. Now look at the cast of characters who voted for lifting the sanctions which included Lindsey Graham and Romeny...two Senators who were once supporting tougher sanctions on Russia. Don't stop thinking about tomorrow or the shit that is happening in the background. These are the stories they don't want you to think about. They would much rather have you incensed at some ridiculous tweet by Trump and Guliani.

9 replies = new reply since forum marked as read
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We aren't paying enough attention to the stock market and what is happening. (Original Post) allgood33 Jan 2019 OP
Good point. More people than the king are being funded by Russia. Vinca Jan 2019 #1
According to the book "Flash Boys" GusBob Jan 2019 #2
Some outsourcing is so crazy. Kapersky anyone? empedocles Jan 2019 #4
I think that's based on a faulty assumption FBaggins Jan 2019 #3
Market indicators [corporate profits, fed % rate policy, etc. etc.] are quite empedocles Jan 2019 #5
And? FBaggins Jan 2019 #7
I should have put with the other 'indicators', political events. empedocles Jan 2019 #8
The market is reacting far more to China trade rumors than to the shutdown onenote Jan 2019 #6
Are you disappointed the market is going up? former9thward Jan 2019 #9

GusBob

(7,286 posts)
2. According to the book "Flash Boys"
Sat Jan 19, 2019, 09:21 AM
Jan 2019

Many of the computer programmers for WS brokers are Russian

Putin wants Middle America to fail, but he ain’t no dummy

It’s all about power and money

FBaggins

(26,731 posts)
3. I think that's based on a faulty assumption
Sat Jan 19, 2019, 09:37 AM
Jan 2019

The shutdown doesn’t have that large an effect on the economy overall... and virtually all of the real impact can be expected to be offset by the excess income paid when it’s over.

It’s important to remember that the markets tend to be looking months/years down the road. Nothing in the shutdown is expected to have that much impact. Even if trump gets his wall... that’s a handful of billions.

empedocles

(15,751 posts)
5. Market indicators [corporate profits, fed % rate policy, etc. etc.] are quite
Sat Jan 19, 2019, 09:54 AM
Jan 2019

complex in their effective correlations.

empedocles

(15,751 posts)
8. I should have put with the other 'indicators', political events.
Sat Jan 19, 2019, 10:42 AM
Jan 2019

At the simplest level, it is often much easier to slap a label on a market move, as the WSJ market interpreter liked to say, than to predict how the market will react to indicators. In other words, like many things, - 'it's complicated'.

onenote

(42,700 posts)
6. The market is reacting far more to China trade rumors than to the shutdown
Sat Jan 19, 2019, 09:59 AM
Jan 2019

The overall impact of the shutdown on the economy is negligble compared to the potential impact of a Chinese "buying spree".

former9thward

(31,996 posts)
9. Are you disappointed the market is going up?
Sat Jan 19, 2019, 10:48 AM
Jan 2019

Sanctions on Russians have nothing to do with the market. The Russian economy is minor on the world scale. The furloughs don't affect the market much either since the employees will be fully paid sooner or later. The market does not look at day by day events.

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