Posted on 04/15/2016 11:31:37 AM PDT by Reeses
The two leading Republican candidates for president warn the U.S. stock market is trading at an alarming level.
On Friday, Ted Cruz predicted a stock market "crash will be coming."
Donald Trump calls it a "terrible time" to invest. "We're in a bubble right now," Trump says.
It's a high degree of fear from a party that is normally viewed as pro-business and pro Wall Street.
Trump recently told The Washington Post that America is on track for a "very massive recession."
(Excerpt) Read more at money.cnn.com ...
“The stock market will crash when Soros and company”
Yup ... him and Buffett will force the market to “correct”, both candidates will say they called it...and the money men will buy low again !!
Yep. The whole idea of the pyramid scheme is you have to get enough investors.
I’ve warned friends to get out and diversify. Mostly they shrug their shoulders and/or laugh.
Is that an iceberg up ahead?
the SP and NASDAW P/E averages of 27 and 23, while high, are NOT CLOSE to the 71 of 2008.
Correction, yes. Crash, no.
MAYBE 14k if things are bad.
not 2008 numbers.
Nothing is real. Commodity prices are crappy. Global economy may be a reason but traders manipulating prices is a real factor. Trading papers.
You mean the Casino Bosses might actually want to Win and take all your money?
Buy signal?
[Commodity prices are crappy. Global economy may be a reason but traders manipulating prices is a real factor.]
I tried telling folks that. Even a friend who shrugs off the danger now was keen to that then. Hello AIG.
That’s what I was thinking while reading this.
Lordy, does that guy ever have an original idea?
lol
Yup. Trump initiates the discussion/topic and the rest of the sheep follow him bleating, “me too, me too.”
Trumps name is “Trump”, not “Trumpandcruz”.
A product of Ted Cruz Oil...
Me Too Ted Inc...
I remember in 2008 when the leftists were doing the “Wall Street to Main Street” slogan endlessly.
Oil is appropriate because the GOP Establishment is slimy (see Thad Cochran).
Yes, I agree.
without the trillions of newly-printed dineros from the Fed,
the stock market will indeed crash... for maybe 90% of the companies, their earnings... and earnings prospects under Obama’s deluge of restrictive anti-business regulations...
their earnings prospects range from mediocre to poor to dismal to disasterous..
stock prices eventually follow earnings prospects
so its obvious where the market’s headed
Want to know what Ted Cruz will say tomorrow? Wait for Trump to say it today, then ‘Me2Ted’ will ‘CopyCatTed’ tomorrow....
Trump's a smart businessman, but the market has a mind of its own and is nothing more than the present value (roughly) of expectations of the future performance. The future performance right now depends on who we elect as President.
And as to corrections, 2016 has been one BIG correction so far.
What I think Trump is saying is if we don't fix America's problems, including taxes, entitlements, debt, spending, trade, etc., there will come a day of financial retribution.
And he would be right.
Cruz on the other hand is once again following Trump with his own little me too.
I hope it’s in October.
Ted Cruz predicted a stock market “crash will be coming.”
And in other news, this morning the sun rose in the east and Glenn Beck was spotted gripping both sides of the table at an all-you-can-eat French fries McDonalds repeating over and over again “I will not have a drink today...I will not have a drink today...”.
Anybody have a link to boy genius’ financial disclosure forms? I want to make sure there’s no overlap between his portfolio and mine.
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