Trump's Economic Plan

[apeman]

I can't even envision another outcome anymore. There's simply no other way for this to go.

You certainly don't lack confidence in your predictions.

[SuburbanFarmer]

I can't even envision another outcome anymore. There's simply no other way for this to go.

You certainly don't lack confidence in your predictions.

Well, I'm fishing for an alternate view to debate against. I'd like to hear the other side, but that generally consists of "things will work cause America, shut up and clock in".

[apeman]

I mispoke earlier, Q1 GDP forecasted to be below 1%

We are tightening with sub 1% growth. According the the Atlanta FED.

IF this happened last year, there would be a massive sell off

[TheReal_ND]

Sell Remington

[SuburbanFarmer]

I mispoke earlier, Q1 GDP forecasted to be below 1%

We are tightening with sub 1% growth. According the the Atlanta FED.

IF this happened last year, there would be a massive sell off

I don't think there would be. Selloffs are no longer tolerated by your loving government. Brexit should have caused one, but it was just a blip. The Fed tightening last year should have caused one, along with the Greek bailout/debt fiasco/clusterfuck.

The Plunge Protection Team and Queen Yellen have decided it's cheaper to prop up the entire market, rather than bail the economy out again. Therefore, no more drops.







UPDATE: Rates just got raised to 1%. Stock market surges. Fucking Wonderland out there..

[SuburbanFarmer]

Something else fun to consider - Debt Ceiling Game returns tomorrow 3/16/17!!

Thankfully, we have "extraordinary measures" available, which are regularly taken by Treasury these days, when those silly legislators want to dither for a couple of months over destroying the global economy.

https://www.treasury.gov/connect/blog/D ... 6-2012.pdf

Highlights include:

- "Borrowing" from Federal, Civil Service, and Post Office Worker pension and disability funds
- Treasury suspending State and Local debt sales (no more bonds can be bought by states/cities)

[apeman]

OMG

Years ago I took Shiller's finance class that he teaches at yale on the internet, then proceeded to read the primary texts, etc on finance.

All that is useless, because none of it even remotely describes reality.

Today's rate hike caused the dollar to DROP (the exact opposite of what happens when you increase rates), caused stock, bonds AND gold to rally hard (seems impossible) and caused VIX to DROP 10% (super double impossible).

I give up

[SuburbanFarmer]

OMG

Years ago I took Shiller's finance class that he teaches at yale on the internet, then proceeded to read the primary texts, etc on finance.

All that is useless, because none of it even remotely describes reality.

Today's rate hike caused the dollar to DROP (the exact opposite of what happens when you increase rates), caused stock, bonds AND gold to rally hard (seems impossible) and caused VIX to DROP 10% (super double impossible).

I give up

Exactly. This is euphoria.

This is when you A) Sell your shit and wait, or B) Short the market.

I'll take Option B.

[apeman]

I don't short, but yeah

[apeman]

The U.S. Border Tax Would Hit Texas Hard

http://www.zerohedge.com/news/2017-03-1 ... texas-hard

According to The Dallas Morning News contributor Richard Parker – who is also the author of ‘Lone Star Nation: How Texas Will Transform America’ – the border tax plan would basically transfer around $1 trillion from the companies importing goods in the big importing states to the less competitive Midwest. And Texas, being one of the top international trading and importing states alongside California, Florida and New York, would likely lose.