Trump rallying Markets - Bullish 2017 !

After going nearly straight up after the election, the markets paused during the final two weeks of 2016. The Dow seemed to run into a wall as it approached 20,000, though it did end the wild year with a strong 13% gain.
Investors remain encouraged by Trump's promises to slash taxes, roll back regulation and unleash a wave of infrastructure spending. Wall Street is betting these stimulus plans will help American businesses and translate to higher stock prices.
Peter Boockvar, chief market analyst at The Lindsey Group, cited Trump's deregulation efforts as a bullish force for stocks in 2017.
"The biggest beneficiary may be small businesses who've experienced death by a thousand regulatory cuts over the past 8 years," Boockvar wrote.
The positive start to 2017 stands in stark contrast with last year. The Dow plummeted 1,079 points in the first week of 2016 – the worst five-day start to a year on record – over fears about the crash in oil prices and China's economic slowdown.
dow 2016 chart
Flash forward 12 months and both of those concerns have reversed. Global stocks rallied overnight after a closely-watched manufacturing index in China showed the fastest rate of improvement since January 2013.
Likewise, oil prices initially popped 2.5% on Tuesday to $55 a barrel – hitting the highest level in a year and a half. That rally fizzled and crude ended the day down by more than 2%.
Still, optimism continues to abound in the oil patch. Oil bulls are hoping OPEC's agreement to limit oil production will ease the epic glut that caused prices to plunge two years ago.
Not even another Trump threat against a prominent American business could slow stocks down.
General Motors (GM) shares actually rose 1% on Tuesday after Trump warned the auto maker to make its Chevrolet Cruze in the U.S. or face a heavy tax. GM responded by stressing that the sedan model of the Cruze is manufactured in Ohio, while the hatchback version sold mostly overseas is made in Mexico.

Despite the bullish action in 2017's first trading day, analysts warn the Trump rally does face several threats in the coming months.
Trump's stance on trade was the No. 1 concern cited by market strategists surveyed by CNNMoney. The fear is that Trump's anti-trade campaign talk could translate into protectionist policies that hurt the economy.
Another source of concern: the Trump rally has made U.S. stocks more expensive. And if Trump's stimulus agenda faces any setbacks in Congress, it could be met with big disappointment on Wall Street.
"For now, investors may be wise to curb their enthusiasm until we have stronger evidence that Washington will actually implement a pro-growth agenda," David Kelly, chief global strategist at JPMorgan Funds, wrote in a note.
archive.is/4jGFD

The media sees that Trump is great for the economy. Still, they try to spin the spin they always do and make fear and panic their primary focus point.

I'd like to hear your dialectic on protectionist trade. Will workers in America be empowered? America has a large percentage of private donations to charity. It is especially high in the middle to poverty level of income, some Americans would rather give you the shirt off ther backs than to see you homeless and on the street.

If you don't like SJWs would you ally with Trump?

I'm convinced Trump is good no matter which philosophy you have in politics nor where you live.
He has emboldened extremist politics in all corners of belief.
He has caused major agitation in all kinds of centrists and leftists. And those deplorables who would shun a "colored" engineer and embrace a drug addict white are coming out in the open.

2017 is the year of the rooster, and if you know about asian metaphysics/philosophy at all this is going to be a major year.

go back to reddit

Trump hasn't been anything for the economy. Just like he had no impact on Sprint. The media, nevertheless, continue their trend of giving Republicans credit for thing they had no connection to, as it helps reinforce the neoliberal, muh free market propaganda.

He is already making deals with major manufacturers and wholesalers.

thanks

hmmmm

right-wingers seem to always forget we've been in a neo-liberal era for 40+ years
what fucking regulations? How many EPA heads have been fossil fuel companie CEOs?
and Obama didn't do shit about financial regulation, dodd-frank is an absolute joke

Here's my take:
1. outsourcing and globalization will continue, with a few subsidies here and there "to save jobs": trumps visit to that manufacturer that was all over the press was political theater. He went from threatening a 35% tax for moving to mexico, to giving them a seven million subsidy from the state to keep less than 1/3 of the jobs there, while 2/3 still left to mexico
2. protectionist policies are not going to happen, the majority of companies manufacturing in china and mexico and shipping here are american companies. I'm surprised anyone in the media is still worried about it. Factories are coming back to the US slowly anyway, but they are extremely automated. the rust belt has no chance whatsoever.
3. cutting the nominal tax rate to 15% will stimulate the economy, slightly. It will not bring manufacturing to the US, as every other country is planning on cutting corporate taxes just as much in anticipation of this change. BUT it may increase effective demand. It's the same as if the government had increased spending. Either way, it will increase deficits and government debt. Which will make the world much less stable.
4. stock buybacks have been pumping up the stock market since 2008, but there hasn't actually been a recovery in investment. Investment is key to starting the business cycle, but most top investors will tell you THERE ARE VERY FEW PROFITABLE INVESTMENTS TO BE MADE IN EXPANDING PRODUCTION. This is essential to capitalism creating a boom, and it isn't happening. It's much safer to invest in bonds and assets.

Nazis generally seem to want to execute "degenerates" right alongside all the foreigners.

They're all capitalists.

Ask them next time you are sure it isn't some random edgy troll who would they support, a recovering drug addict or a mediocre african american engineer.

Trump should be used by us, unite the opposition.

Pic related

No, he's an anti-worker candidate


''"The chief advantage that would result from the establishment of Socialism is, undoubtedly, the fact that Socialism would relieve us from that sordid necessity of living for others which, in the present condition of things, presses so hardly upon almost everybody. In fact, scarcely anyone at all escapes.

Now and then, in the course of the century, a great man of science, like Darwin; a great poet, like Keats; a fine critical spirit, like M. Renan; a supreme artist, like Flaubert, has been able to isolate himself, to keep himself out of reach of the clamorous claims of others, to stand ‘under the shelter of the wall,’ as Plato puts it, and so to realise the perfection of what was in him, to his own incomparable gain, and to the incomparable and lasting gain of the whole world. These, however, are exceptions. The majority of people spoil their lives by an unhealthy and exaggerated altruism – are forced, indeed, so to spoil them. They find themselves surrounded by hideous poverty, by hideous ugliness, by hideous starvation. It is inevitable that they should be strongly moved by all this. The emotions of man are stirred more quickly than man’s intelligence; and, as I pointed out some time ago in an article on the function of criticism, it is much more easy to have sympathy with suffering than it is to have sympathy with thought. Accordingly, with admirable, though misdirected intentions, they very seriously and very sentimentally set themselves to the task of remedying the evils that they see. But their remedies do not cure the disease: they merely prolong it. Indeed, their remedies are part of the disease.
They try to solve the problem of poverty, for instance, by keeping the poor alive; or, in the case of a very advanced school, by amusing the poor.

But this is not a solution: it is an aggravation of the difficulty. The proper aim is to try and reconstruct society on such a basis that poverty will be impossible. And the altruistic virtues have really prevented the carrying out of this aim. Just as the worst slave-owners were those who were kind to their slaves, and so prevented the horror of the system being realised by those who suffered from it, and understood by those who contemplated it, so, in the present state of things in England, the people who do most harm are the people who try to do most good; and at last we have had the spectacle of men who have really studied the problem and know the life – educated men who live in the East End – coming forward and imploring the community to restrain its altruistic impulses of charity, benevolence, and the like. They do so on the ground that such charity degrades and demoralises. They are perfectly right. Charity creates a multitude of sins.

There is also this to be said. It is immoral to use private property in order to alleviate the horrible evils that result from the institution of private property. It is both immoral and unfair."''

And yet someone barely above the poverty line who sees immediate need, wants to help.
They do not have the time to go out and remove porky, not alone anyway, not without themselves plunging into; drowning in; poverty.
So how can we call that evil?

If people want to improve things for themselves, good, they should fight for better conditions and to improve their lot, not stick yet another bandaid on the cancer patient.

And if the patient dies otherwise? Surely a life is meaningful.

THIS IS NOT TRUE CAPITALISM

I've got sour news for you jack, everyone is already drowning in poverty.


lol

fatalism doesnt win you any friends

Why would I care about the opinion of an idiot living in a fantasy world?

you laugh at life being meaningful
who is living in fantasy?

Probably the person that thinks life is "meaningful". Hardly comes more fanciful than that.

if you like death so much what are you doing about it?

Not thinking life has an inherent meaning doesn't mean one "likes death." What, do you think everything has some sort of special meaning? Is the universe talking to you user? What's your main method of discerning the will of the universe? Augury? Reading entrails? Have the runes revealed to you when we will finally have socialism???

How do I become as rational as you?

Give up the need to live a life.