Political Forums - Dow poised for best year since... 2013

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Dow poised for best year since... 2013

Gosh, what a great year. Almost as good as 2013, when old what’s his face was occupying the Oval Office. Wait, you mean Donny’s economy ISN’T the greatest economy of all time? But Fox “News” told me...

I'm curious about the apparent lack of enthusiasm the market is having over trumps tax cuts.

Unemployment here is 3.1% and 3.9% statewide. This is why we needed the tax cuts. I am still working on the 35% campaign promise as well as the 10% we got and the need to take (borrow) from the poor and give it to the rich people the first place. Other tha looting the USA for all they can of course.

Quote:

For economists, the question we’re asking is this: What is the lowest unemployment rate consistent with stable inflation, otherwise known as the nonaccelerating inflation rate of unemployment, or Nairu?

Most economists place the rate in the range of 5 to 5.5 percent, though some estimates go as high as 6 percent. The Congressional Budget Office‘s latest projections have it at 5.5 percent.

We think we can do better. Our work suggests that 4 percent — the average unemployment rate for 2000, the last time we were at full employment — is a reasonable target, one worth shooting for.

https://economix.blogs.nytimes.com/2...ow-can-you-go/

Quote:

Originally Posted by MrPots (Post 365560)

I'm curious about the apparent lack of enthusiasm the market is having over trumps tax cuts.

Buy on the run-up, sell on the news.

The tax-cut increase already happened.

Quote:

Originally Posted by donquixote99 (Post 365568)

Buy on the run-up, sell on the news.

The tax-cut increase already happened.

Thanks DQ ;)

Happy new year my friend.

And to you, Mr. Pots. The very happiest!