I was a Financial Analyst & helped manage $10B bef
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Posted On: 10/31/2018 11:25:33 PM
Re: Steel Reserve #51291
I was a Financial Analyst & helped manage $10B before I retired at 58 with 2 kids in college and more money than I would need for a long comfortable life.
The DOW would have to be at 49,314 for Trump to match the growth under Obama. I will take that bet for Nov 7, 2019 or any other Nov 7th while Trump is still President, my friend. Of course, that is really an unfair bet since Obama was voted President after a few very "depressing" years under Bush.
And, to make it even harder for Trump to top that, he was sworn in after some extreme growth under Obama. I'm sure you understand QE or quantitative Easing that the Fed supported in Obama years to pull us out of "the great depression" - that the wars and real estate bubble (and, it's idiotic mortgage financing) likely caused. QE contributed to a lot of that growth.
Can you imagine what life finances and the rhetoric would have been if Trump followed Bush? OMG
When you get a chance, try to find out how much money Trump has made "in the market" vs what Daddy gave him and what he garnered by cheating on his taxes and what he made by cheating contractors by not paying valid invoices and what he made as a slum lord. He is/was a slum lord, PERIOD. Maybe the very best that ever lived, but, a slum lord nonetheless! Please don't even think of him as understanding the Economy and/or doing things that have short term AND long term positive impacts.
Why do you think American banks wouldn't loan the Trump Organization any money when they were loaning money to just about any business and/or individual?
Lastly, how much of his own money has Trump donated to Charity? I can tell you that I more than likely gave more of my own money to charity than Trump has over the last 10 years and I am not a Billionaire. He is not a successful businessman and/or a charitable man, PERIOD!
The DOW would have to be at 49,314 for Trump to match the growth under Obama. I will take that bet for Nov 7, 2019 or any other Nov 7th while Trump is still President, my friend. Of course, that is really an unfair bet since Obama was voted President after a few very "depressing" years under Bush.
And, to make it even harder for Trump to top that, he was sworn in after some extreme growth under Obama. I'm sure you understand QE or quantitative Easing that the Fed supported in Obama years to pull us out of "the great depression" - that the wars and real estate bubble (and, it's idiotic mortgage financing) likely caused. QE contributed to a lot of that growth.
Can you imagine what life finances and the rhetoric would have been if Trump followed Bush? OMG
When you get a chance, try to find out how much money Trump has made "in the market" vs what Daddy gave him and what he garnered by cheating on his taxes and what he made by cheating contractors by not paying valid invoices and what he made as a slum lord. He is/was a slum lord, PERIOD. Maybe the very best that ever lived, but, a slum lord nonetheless! Please don't even think of him as understanding the Economy and/or doing things that have short term AND long term positive impacts.
Why do you think American banks wouldn't loan the Trump Organization any money when they were loaning money to just about any business and/or individual?
Lastly, how much of his own money has Trump donated to Charity? I can tell you that I more than likely gave more of my own money to charity than Trump has over the last 10 years and I am not a Billionaire. He is not a successful businessman and/or a charitable man, PERIOD!
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