Posted on 10/27/2017 2:25:58 PM PDT by davikkm
Colorado is probably doing better than 3%.
Winning is one thing. Running up the score is something else.
Tired yet?
Rats are unacceptable!
Did you see what the NASDAQ did today?!?
Sometime after 9:30 tonight I’ll be able to look at today’s gains in my 401K online.
I can not wait.
Not even close to being tired.
Do you work for Fidelity?
;-)
The Trump economy is the best thing that could have happened to his presidency right off the bat. Donors, congress critters etc have all made money in this economy. Nobody wants it to go south....
Several small factories are hiring line workers and the want ads for office workers has doubled.
Business has picked up a bit but since we deal in what would be considered luxury goods and collectibles it is expected that business will lag behind the recovery.
I am not getting the calls I was a year ago from people asking me to buy their stuff.
We are not back in the glory days but things are looking up.
Today was a fun day.
Yes, it was.
The following is not investment advice...
However I did a simple proportion of Clinton's 3.78% GDP average which yielded a 225% increase in the DOW for his 8 years. So I went from DOW 21,000 and used 6% as PDJT's GDP for the 8 yrs and solved for "X". I came up with a multiplier of 3.57% Therefor... 21,000 DOW x 3.57% ='s DOW 74,970 at the end of his term.
The winds in PDJT's sails are many more than the disruptive technology of the personal computer and more of the Clinton years. This includes: Gov't Regulatory Cutback, The Tax Cut, Business Tax Cut, 100% expensing, Repatriation of off shore Capital, De-balling or deleting NAFTA, Out of The Paris Climate Change-Mess, Stability increasing in the Middle-East / less outlays for these wars, The Fraction Revolution unleashed and massive exports coming of Natural Gas, making things here again. Parallel Ladder to negate Dodd-Frank, The subtle new corridor via exec-Order that will de-ball Obamacare and the expansions of HSA's / DPC, The Potential of 4000 drugs getting into the pipeline quicker and one breakthrough drug could be a game changer and oh yes, the one no one see's, the Electric Car Revolution that will IMHO occur in PDJT's 2 terms, we are a hair away from one or more breakthrough batteries that will be a disruptive technology change / paradigm changer and like the 90's tech boom will have the same effects on the Financial Markets. Think of the work to rewire the country to make it happen or home gas fired co-gen units to make it happen.
Gosh I love this President and his family!
“The skepticism about Trump’s 3 percent was somewhat justified. Trump took over an economy that was teetering on the brink. In the first three months of the year, the economy grew at a rate of just 1.2 percent. “
Wait a minute. I though Trump inherited a booming economy from 0bama?
Same area almost and seeing lots of help wanted, too bad I cannot handle any if them.
In my opinion Trump’s critics cannot be humiliated enough. Trump will go down in any fair history as having saved the republic against incredible odds and incredible opposition.
2.5% for the year is nothing to get excited about. That’s still very low and is not enough to catch up with China. China keeps increasing the gap with the U.S.
It’s not Trump’s fault. Something is amiss with the economy. Economists have no answers for why growth has slowed down so much. I’ve read that it’s because innovation is slowing down. The late 1800’s saw railroads, industrial growth, corporate growth, and mass production grow the economy at rates thereforeto unheard of. The mid 1900’s saw the growth of television, radio, air conditioning, airplanes, medicine, automobiles, and computers bring another period of rapid growth. These huge advances are behind us now and we don’t see anything taking their place. I also hear a favorable argument for increasing government regulation and the negative impact that has on growth. Fertility declines are also a part of it. We don’t have the babies we used to and the baby boomers are retiring. There are many things that could be to blame. One thing is for sure. The U.S. keeps strangling the golden goose.
The last true boom period was the 1990’s when the economy grew by 3-4.5% every year after 1993 due to the IT economy.
The truth is productivity in the U.S. is slowing and remains sluggish and no one sees an uptick approaching.
Trump's Energy Policy is the driver.
“We live in an age of extreme superstitions.”
Yes, we do! Who could have dreamed that in the year 2017 superstition would be wilder and crazier than it ever was in the “unenlightened” past?
They don’t understand that productivity can jump by ten percent simply because people feel a little more positive about life and actually take some slight interest in their job. On most jobs the best people are at least three times as productive as the worst. I have seen plenty who don’t turn out an honest ONE HOUR of work in a day. I have also seen VERY productive people become so discouraged by management failure that they become clock watchers who just want to get by until time to hit the door and go home.
Amazing isn't it?
Yeah, and the crappy news for eight years was all Bush’s fault.
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