Political discussions about everything
#73417
How stupid are they? It's paper promises that went from the masses to the few, there's no more money, nor any less in the market than there was last week. You can bet the Clintons made a killing off of this shit, just as Soros did.
#73423
Yep, and the UK can and will negotiate new trade deals.

Worst case, the UK could be like Norway -- not really in the EU, but cooperating with it.

That's just assuming the UK would even want to be involved with it down the road.

Greece should have left the EU, and Spain and Italy should too.

Some in France want to do the same.
#73428
You don't lose a penny unless you sell low and lock in the loss.

I still own every share of stock I owned last Thursday, and when this little downward swing is done they will all move back up.

You want some volatility in a stock portfolio because, if a stock can't ever move down, it probably can't ever move up.
#73454
Well, that's an interesting question.

England has been a banking center for 200 yrs and is likely to remain so.

The EU would probably like to punish the UK, but if it does so too much it might further annoy Greece, Spain, Italy, et al. who should also leave.

If the markets continue down, I'll be rebalancing at least.
#73458
Johnnie Boy is stocking up on British banking stocks.
Now might be the time to buy, not sure they'll go much lower as result of this knee jerk reaction, then expect a sharp recovery with possible staggering gains. One thing the UK does do well is banking and as soon as they rid themselves of the EU surcharges and regulations they'll fly like an eagle.
#73474
I notice that some stocks are beginning to go up already....

Meanwhile..The powers that be in the UK and the EU are now rushing to changes some rules that would possibly

allow the UK back in.......this before the voters realize their move to leave may be the better choice!
#73476
I notice that some stocks are beginning to go up already....
Yep, it was a planned knee jerk reaction, I sold select investments just before it dropped and then bought it right back after the drop, clown sold after the drop and know that's it coming back up you can bet he's thinking he better buy it back. It's guys like him that allow me to make a quick profit. Those who sat fast will do fine won't lose anything if they invested wisely.
#73558
I will respond to Elkin's comments as soon as I sell my morning supply of apples at the roadside stand.

Dressed in rags, and begging for donations from passing strangers, I am now joining Elkin in watching the mailbox diligently in hope that my SSI check will arrive.
#73562
Yup......................... Justme's got it all figured out.
Told you it was just a programmed knee jerk reactions, the market has already recovered over half of $2 trillion lost in just 3 days. Those of us who sold right before the vote and bought it back the day after the vote made a killing.

Clown on the other hand is waiting for it go all the way back up before rebuys the stocks he sold after the vote.
#73570
Tool, I have exactly the same value in my investments today that I had three weeks ago. (Well, except for my gold that I bought decades ago at $400-$600 an ounce. That went up.)

You're pretending you made money on the Brexit vote when what actually happened is you sold three or four stocks, avoiding the drop on them only, but all the rest of your holdings went down like everyone else's. In other words, you made some money on a few and lost a lot of money on the rest, for a net loss.

That you lacked the balls to tell us what you were supposedly selling leaves you in the unfortunate position of no credibility on any of this.
#74039
Now might be the time to buy, not sure they'll go much lower as result of this knee jerk reaction, then expect a sharp recovery with possible staggering gains. One thing the UK does do well is banking and as soon as they rid themselves of the EU surcharges and regulations they'll fly like an eagle.
I provided that advice on 6/28 when libtards were claiming Brexit had destroyed investments, look at what's happening!
The Dow is higher than it's ever been before.

The Dow jumped 121 points to 18,348 on Tuesday, surpassing the previous record set in May 2015 and joining the S&P 500 in uncharted territory. And for the first time this year, even the Nasdaq closed in positive territory for 2016. The leading U.K.-based financial institutions were all pummeled when the British people voted to leave the European Union, some losing as much as 40% but most have seen some recovery with strong signs, now may be the time to buy, not sell.
#74042
No, that's a common mistake to conflate the economy and the stock market.

Two different things.

In the instant case, GDP growth in the U.S. is merely creeping along this year.

U-6 unemployment remains at 9.6 percent, with 94 million out of the workforce.

Corporate profits are another question, but the real reason for equity strength might be low interest rates making cash and bonds look iffy here.
#74045
RealTool is here cheering how strong the economy is under Obama.
Don't confuse the economy with investment speculation. The poor will continue to remain poor and those from the middle class are rapidly joining them. Don't fret though, Obama has set the stage for the investments to join the economy, the bubble will bust...got gold?
#74046
It's not just the stock market, johnny.

"U-6 unemployment remains at 9.6 percent"-johnfibs

"remains at 9.6 percent"?
The U-6 is down from 14.2% when Obama took over. That's a stronger economy than when Obama took over.
It isn't debatable.

"In the instant case, GDP growth in the U.S. is merely creeping along this year."-johnflops

You mean, as opposed to the precipitous drop we saw back before Obama took over?
That's a stronger economy than when Obama took over. It isn't debatable.

"Corporate profits are another question, but the real reason for equity strength might be low interest rates making cash and bonds look iffy here."-johnfoibles

So you're saying high interest rates are a sign of a good economy? You must have loved the Carter days.
First you lie about the U-6. Then you pretend you're being rational.

Don't you ever think about the stuff you say, johnny?
#74048
Clown needs to come out of his momma's basement and look around.

Things that are up under Obama

Violent crimes, number unemployed, number working part time, prices, personal and federal debt, racism, division, illegals, homeless, healthcare costs, those living in poverty, money in bank accounts of the super rich, number of federal agencies and federal workers, number of restrictions on citizens and businesses, those on welfare and social assistance, number of enemies, number of terrorist attacks...


Things that are down under Obama, wages, full time jobs, number in the middle class, high school graduates, those getting healthcare they can afford, doctors, moral in the military and law enforcement, number of blacks even trying to enter the middle class, grades in public schools, number even looking for jobs, businesses hiring....

That's just the short list of facts, it could on and on and nothing Obama has done has improved one damn thing!
#74051
RealTool needs to come out of his noisy rolling penis-substitute machine and take another round of ESL classes.

johnforbes was talking about the strength of the economy.
I was also talking about the strength of the economy.
As always, RealTool can only talk about any distraction other than the irrefutable facts of the economy. :lol:
#74053
There has been improvement in unemployment, but the problem is it has been agonizingly slow.

After the Crash of 08, with interest rates at the zero bound, there should have been some fairly dramatic recovery.

It never happened, to the extent that people began to bemoan the "New Normal."

Obama may end up as the first president to have such pallid GDP growth in history.

Is that all his fault? Of course not; there is no close causal connection.

But a president can set tone, and mood, and affect spending, and at every critical juncture Obama has spent like a fleet of drunken sailors or imposed the expensive mess of Obamacare on a purely partisan basis.

For an investor, though, the issue is: Where is the economy, and where is the business opportunity?

This year, my Latin America investment is up over 30 percent YTD.
#74055
johnforbes was talking about the strength of the economy.
I was also talking about the strength of the economy.
I was talking about how Obama has fucked things up for everyone but the super rich and how I called the market correctly, where did you get lost on that message? By the way got gold?
Green Energy

Clean energy has gone down more than a Clinton int[…]

Red state gun murder rate....

Heavens to Betsy*, "assumptions" tend to[…]

The problem is that, once a violent personality sl[…]

Big Beautiful Ballroom

Obama and his ilk started the project, so naturall[…]

#