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Posts Made By: Rod Kaufman

October 24, 2024 10:37 PM Forum: Politics

Markets Tank Over Fear Of A Second Trump Presidency

Posted By Rod Kaufman

"Citi’s head of global wealth Andy Sieg is bullish on U.S. equities, saying he expects stocks can rally after the uncertainty from the election is lifted."

“There’s going to be a relief rally that is most likely to happen. We saw it in 2016, we saw it in 2020,” Sieg told CNBC’s “Money Movers.” “And when you think about the possibility for that relief rally, it’s uncertainty leaving the market, being replaced by some certainty in terms of the path forward, it’s rates coming down. And again, it’s getting refocused on the fundamentals in the U.S., which are strong.”

“So, we think the market has a ways to run,” Sieg added.


I hope this guy is right but once the market starts seeing the chaos induced by the Trump tariffs all bets are off..

October 24, 2024 05:02 AM Forum: Politics

Markets Tank Over Fear Of A Second Trump Presidency

Posted By Rod Kaufman

Originally Posted by Richard Davis
More fear mongering from the left.  

There is no evidence at all that the markets dropped because Trump might win.

I kinda' remember the same bullshit back in 2016.  

I think Krugman claimed that the markets were going to tank and they would take years to recover, if ever. 

The same old same old bullshit.  smile

Oh gee, a couple of CNN hacks wrote the bullshit.   LOL
Is Morgan Stanley a couple of cnn hacks, too?

"Morgan Stanley Warns of 70,000 US Monthly Jobs Hit From Trump Tariffs"


https://finance.yahoo.com/news/morgan-stanley-warns-70-000-190458030.html

October 23, 2024 08:52 PM Forum: Politics

Markets Tank Over Fear Of A Second Trump Presidency

Posted By Rod Kaufman

“The logic here is very simple: Candidate Trump has called for a significant increase in import tariffs to revive domestic manufacturing,” Steven Ricchiuto, chief US economist at Mizuho Securities, said in a Wednesday afternoon note. “These tariffs are seen as immediately raising the price of consumer goods and, in the process, reversing the goods deflation that has helped pull inflation back towards the Fed’s 2% target.”

"Trump’s policy proposals, if enacted, are also expected to cause the government to borrow significantly more money compared to Vice President Kamala Harris’ policy plans. That would make it riskier to invest in government-issued securities, leading investors to demand higher interest rates to hold US debt."


https://www.wral.com/story/dow-sinks-sharply-as-wall-street-gears-up-for-possibility-of-a-trump-victory/21686142/

October 23, 2024 06:54 PM Forum: Politics

Poor Rudy

Posted By Rod Kaufman

BTW, here's the latest from, gasp, a check on "election integrity" in GEORGIA:

"Georgia's top elections official said Wednesday that a check of voter rolls found that 20 of the 8.2 million people registered to vote in the state are not U.S. citizens."

https://abcnews.go.com/US/wireStory/georgia-citizenship-audit-finds-noncitizens-voter-rolls-115073753


Wow! 20 out of 8.2 million voters! Definitely worth the efforts of the GOP to spend mega millions to investigate and spread misinformation to try to justify Rudy's and Trump's election lies...

October 23, 2024 04:21 PM Forum: Politics

Poor Rudy

Posted By Rod Kaufman

Originally Posted by Jim Moscheck
How much you want to bet Trump will help him out for lying for him? Considering Trump’s record I’d say there is zero chance of that happening.
The key word being "zero"...

October 22, 2024 10:07 PM Forum: Politics

Trump: "I Need The Same Kind Of Generals That Hitler Had"

Posted By Rod Kaufman

"JDs" "America's Hitler" explained:

"Trump complained that “my fucking generals are a bunch of pussies." "They care more about their alliances than they do about trade deals.”

As for the cost of a funeral for a fallen soldier:

"Trump asked, “Did they bill us for the funeral? What did it cost?”

"According to attendees, and to contemporaneous notes of the meeting taken by a participant, an aide answered: Yes, we received a bill; the funeral cost $60,000."

Trump became angry. “It doesn’t cost 60,000 bucks to bury a fucking Mexican!” He turned to his chief of staff, Mark Meadows, and issued an order: “Don’t pay it!” Later that day, he was still agitated. “Can you believe it?” he said, according to a witness. “Fucking people, trying to rip me off.”


https://www.theatlantic.com/politics/archive/2024/10/trump-military-generals-hitler/680327/

October 23, 2024 03:33 PM Forum: Politics

Trump: "I Need The Same Kind Of Generals That Hitler Had"

Posted By Rod Kaufman

Today, John Kelly clarified for all: "Trump’s former chief of staff says he fits ‘fascist’ definition and prefers ‘dictator approach’"

October 22, 2024 11:42 PM Forum: Politics

Harris accused of Plagiarism... AGAIN. So far outside of the book she wrote where she plagiarized there are 7 more instances

Posted By Rod Kaufman

Nothing like Donald, huh?

"Trump cited it as one of his proudest accomplishments and his second-favorite book after the Bible. Schwartz called writing the book his "greatest regret in life, without question," and both he and the book's publisher, Howard Kaminsky, alleged that Trump had played no role in the actual writing of the book."

"President Trump's former ghostwriter says writing "The Art of the Deal" is the biggest regret of his life and wishes the 1987 bestseller "weren't even in print."

"I knew this was a bad guy when I did the book,"


""Trump is not only willing to lie, but he doesn't get bothered by it, doesn't feel guilty about it, isn't preoccupied by it," Schwartz said. "There's an emptiness inside Trump. There's an absence of a soul. There's an absence of a heart."

https://www.cbsnews.com/news/tony-schwartz-trumps-ghostwriter-says-writing-the-art-of-the-deal-is-the-greatest-regret-of-his-life/

Of course, sticking his name on a book written by somebody else is peanuts to a mistakes in not properly citing 500 words since it wasn't just ghostwritten bu ENTIRELY WRITTEN by Schwartz, right?

Then there's Trump's "1776 Commission Report:

"President Donald Trump’s 1776 Commission was supposed to be the definitive “patriotic” rejoinder to the academic left for what conservatives view as a slanderous rendering of U.S. history. But the report released by the commission on Monday has been mocked by historians as slapdash and slanted. And a good chunk appears lifted or recycled from other publications."

"An entire page of the report suggesting classroom discussion topics for teachers appears to be copied nearly verbatim from an opinion piece published in 2008 by one of the commission’s members, Thomas Lindsay."


https://www.politico.com/news/2021/01/19/trump-1776-report-plagiarism-460464

Then there's Trump's non-existent plagiarism policy:

"Apparently Trump University had no plagiarism policy, because, when Melania Trump addressed the Republican National Convention Monday night, she copied several sentences from Michelle Obama’s 2008 “First Lady” speech."

https://blogs.illinois.edu/view/25/385873

October 22, 2024 04:10 PM Forum: Politics

The "Threat From Within"

Posted By Rod Kaufman

"With just two weeks remaining until the presidential election, former President Donald Trump has used his most recent appearances on podcast and cable interviews to escalate attacks on fellow Americans whom he calls “the enemy from within.”


"Trump has made more than 100 threats to prosecute or punish perceived enemies"

"Trump has issued more than 100 threats to investigate, prosecute, imprison or otherwise punish his perceived opponents, NPR has found.

"A review of Trump’s rally speeches, press conferences, interviews and social media posts shows that the former president has repeatedly indicated that he would use federal law enforcement as part of a campaign to exact “retribution.”



"ELIZABETH LYNNE CHENEY IS GUILTY OF TREASON,” reads one post Trump reposted on his social media site, Truth Social, regarding the former Republican congresswoman. “RETRUTH IF YOU WANT TELEVISED MILITARY TRIBUNALS.”"

"Legal experts said that there are few guardrails preventing Trump from pursuing his plans to prosecute opponents and noted that Trump pressured the Department of Justice to investigate rivals during his first term. In about a dozen cases, the Justice Department followed through and initiated investigations, according to one analysis."

"In one instance, Trump suggested that Gen. Mark Milley, who served as chairman of the Joint Chiefs of Staff in his administration, could face execution for calling officials in China to try and defuse tensions in the chaotic aftermath of the Jan. 6 attack."

"Milley, who retired in 2023, has since told journalist Bob Woodward that Trump is “fascist to the core” and “the most dangerous person to this country.”


https://www.npr.org/2024/10/21/nx-s1-5134924/trump-election-2024-kamala-harris-elizabeth-cheney-threat-civil-liberties

October 22, 2024 03:21 AM Forum: Politics

Trump's Faked "Working At McDonalds Stunt"

Posted By Rod Kaufman

The place wasn't even open.

MAGA supporters rehearsed driving thru in their cars before Trump finally "served" them french fries.

When asked if he supported a minimum wage law, he gave a word salad non-answer.


https://www.dailydot.com/debug/donald-trump-mcdonalds-staged/