A Message From Lucianne  

S-CR-TEO

NM05






ST-GC
   
 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


B-CR-TEO
White House downplays worries about
stock market plunge, says ´the fundamentals
of this economy are very strong´

Business Insider, by Bob Bryan

Original Article

Posted By:NorthernDog, 2/5/2018 4:43:20 PM

White House officials are downplaying the recent chaos in the stock market, saying its a short-term wobble and the US economy remains resilient. "Look, markets do fluctuate in the short term," said White House Deputy Press Secretary Raj Shah. "We all know that. And they do that for number of reasons. But the fundamentals of this economy are very strong and they´re headed in the right direction — for the middle class, in particular." (Snip) "It´s still in a very strong place, it´s still exorbitantly higher than it was when he took office," Gidley said. The Dow closed at 18,589.69 on November 9, 2016, meaning the index is still up

Comments:
Roller coaster continues. Eventually the buyers will jump in again.

      


Post Reply  

Reply 1 - Posted by: bamboozle, 2/5/2018 4:48:19 PM     (No. 11534738)

My dad was always of the opinion that periodically the movers of the market come to shear the sheep. Kind of a contradiction that good economic reports drove a market contraction.

  Click Here if you Like this Comment

    30 persons like this.


Reply 2 - Posted by: offrope, 2/5/2018 4:56:21 PM     (No. 11534746)

My advisor just told me to relax, we´re still on course. He better be right.

  Click Here if you Like this Comment

    23 persons like this.


   

 


.New_S.
  


 
Reply 3 - Posted by: plex, 2/5/2018 4:57:14 PM     (No. 11534748)

Yahoo says close at 24,345. Where did that 18,000 number come from.

  Click Here if you Like this Comment

    16 persons like this.


Reply 4 - Posted by: doublesharp, 2/5/2018 5:03:40 PM     (No. 11534750)

#3, I wonder who didn´t read the article? ;-)

$18589 was Nov 2016, day after election. Market still up 30% but expect turbulence.

  Click Here if you Like this Comment

    25 persons like this.


Reply 5 - Posted by: Historybuff, 2/5/2018 5:06:23 PM     (No. 11534751)

Profit takers arrived. They were overdue.

  Click Here if you Like this Comment

    36 persons like this.


Reply 6 - Posted by: dvc, 2/5/2018 5:18:12 PM     (No. 11534753)

Yes, the tax cut will mean businesses will doo much better. So, let it ride, better, if you have a cash position, start dollar cost averaging it into the market, good time to buy, but in increments is more cost effective in most cases.

Up 8,000 in a year, then down 1,000. I see up 7,000. And frankly if it goes down another 2,000 and stays for a year, it is still a good run, plus a chance for younger folks to climb on at a bit lower level.

  Click Here if you Like this Comment

    48 persons like this.


Reply 7 - Posted by: joew9, 2/5/2018 5:39:33 PM     (No. 11534764)

OMG!!! Head for the hills. Hide under a rock!!
The stock market crashed to a value not seen since... well... ummm... December 8 2017.
err uhh... 8 weeks ago.

[sheepishly]I will have to revert to the standard of living I had 8 weeks ago. [/sheepishly]


  Click Here if you Like this Comment

    50 persons like this.


   

 

R-TA-Wide_2
  


 
Reply 8 - Posted by: Omen, 2/5/2018 5:41:54 PM     (No. 11534765)

Also,once again,those computer-driven selling programs gone wild.

  Click Here if you Like this Comment

    18 persons like this.


Reply 9 - Posted by: bigfatslob, 2/5/2018 5:58:14 PM     (No. 11534775)

The stock market is nothing but gambling.
You don´t go to Vegas and expect to be a winner everyday. The Market adjusted so what´s the problem?

  Click Here if you Like this Comment

    16 persons like this.


Reply 10 - Posted by: earlybird, 2/5/2018 6:00:08 PM     (No. 11534776)

Our longtime broker, a sane and very successful soul, did not get on these rollercoaster rides. He had extremely well-founded confidence in our stock market. And he tended to be very, very right.

  Click Here if you Like this Comment

    24 persons like this.


Reply 11 - Posted by: plex, 2/5/2018 6:12:12 PM     (No. 11534779)

Opps. I would have started that sentence with the date, not the index. Ah, well. Didn´t think there was a need to read the article... sigh.. Apologies

  Click Here if you Like this Comment

    21 persons like this.


Reply 12 - Posted by: john56, 2/5/2018 6:18:40 PM     (No. 11534785)

Somewhere I heard if you invested on the highest day of the market every year, you´d still be ahead over the long term.

The "forget about it" investment strategy I´ve had for about 10 years has done pretty well. It´s when I kept trading I lost my shirt.

  Click Here if you Like this Comment

    25 persons like this.


   

 


.LockDme.


 
Reply 13 - Posted by: mythman, 2/5/2018 6:23:05 PM     (No. 11534787)

Yes, the fundamentals of the economy are strong, but the stock market - now a separate affair - is a huge bubble and a Ponzi scheme, pumped up by buying stocks with interest-free money. It´s called financial engineering. The stock market no longer rises and fall just because of the economy. It rises because it´s goosed with free stock-purchasing money. Look out!

  Click Here if you Like this Comment

    18 persons like this.


Reply 14 - Posted by: bighambone, 2/5/2018 6:56:29 PM     (No. 11534799)

What goes up in the market must come down, that is just common sense, and when the market is down it is the time that smart investors buy stocks. The market will always have corrections that that’s what happening now. Anyone who can’t stand the ups and the downs in the market should not have their money in that big gamble.

  Click Here if you Like this Comment

    19 persons like this.


Reply 15 - Posted by: Lawsy0, 2/5/2018 6:56:42 PM     (No. 11534800)

Dittos, #10. Before my dear one died, he gave to me all of his world goods and a great financial adviser to go with it. My ´´money guy´´ said it is fun to watch folks get their knickers in a twist, but that his plan is to watch carefully. Also he said that as quickly as the ´´market´´ rises, it will dip down some to even out the tide.

Lucky for me, I had never invested in even a safety pin. Now the adviser ´´consults´´ with me before making any move (which he has carefully explained to me). Must agree with you and Trump that fundamentals are very strong. The strongest in a long, long time.

  Click Here if you Like this Comment

    26 persons like this.


Reply 16 - Posted by: dvc, 2/5/2018 7:48:58 PM     (No. 11534848)

KOL, #9. Just keep believing that. Whatever you say.

Done wisely, you are so far off base that you probably can´t even see it from there.

  Click Here if you Like this Comment

    16 persons like this.


Reply 17 - Posted by: geoguy, 2/5/2018 11:01:40 PM     (No. 11534949)

We´ve all seen it before. Buck-up, the economy is strong the market will heal from this minor wound and then continue higher.

  Click Here if you Like this Comment

    20 persons like this.


   

 


.R-LJ.
  


 

Post Reply   Close thread 934854




Below, you will find ...

Most Recent Articles posted by "NorthernDog"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "NorthernDog"



Poll: NFL fans overwhelmingly support
league´s national anthem policy
Yahoo! Sports, by Jay Hart    Original Article
Posted By: NorthernDog- 5/26/2018 5:00:00     Post Reply
By a significant margin, NFL fans are in favor of the league’s new policy regarding the national anthem, according to a Yahoo Sports/YouGov poll. When asked if they support or oppose the new policy, which states teams will be fined if players “do not stand and show respect for the flag and the [national] anthem,” 53 percent of self-described NFL viewers said they support the policy, with 32 percent opposing and 15 percent saying neither or no opinion. (Snip) Not surprisingly, white Americans support the policy, while black Americans do not. Here’s a breakdown of support/opposition as it relates to

Starbucks to tell staff ´prejudice is
deeply rooted´ at anti-bias training
Guardian [UK], by Edward Helmore    Original Article
Posted By: NorthernDog- 5/26/2018 2:37:54     Post Reply
Starbucks is closing more than 8,000 of its coffee shops across the US on Sunday for a four-hour, anti-bias training session – almost two months since an employee at a Philadelphia location called the police on two black men accused of trespassing as they waited, without making a purchase, to be joined for a meeting. Since the incident, which sparked protests and threats of a boycott against a chain known for actively promoting a diverse workforce and taking liberal stands on issues such as same-sex marriage, senior executives have repeatedly apologized. The company reached a settlement with Donte Robinson and

Fiat Chrysler warns 4.8M Jeep, Dodge, Chrysler
and Ram owners to not use cruise control
Associated Press, by Tom Krishner    Original Article
Posted By: NorthernDog- 5/25/2018 4:05:06     Post Reply
DETROIT — Fiat Chrysler is recalling 4.8 million vehicles in the U.S. because in rare but terrifying circumstances, drivers may not be able to turn off the cruise control. The company is warning owners not to use cruise control until the cars, SUVs and trucks can be fixed with a software update. (Snip) In the complaint filed with the National Highway Traffic Safety Administration, an owner from Olathe, Kansas, said a 2017 Dodge Journey SUV rental vehicle was being driven about 70 miles per hour with the cruise control on when the windshield wipers came on by themselves and the

Stacey Abrams’s supporters
aren’t afraid of identity politics
Washington Post, by Vanessa Williams    Original Article
Posted By: NorthernDog- 5/25/2018 3:49:08     Post Reply
ATLANTA — Perri Chandler got dressed up to celebrate Stacey Abrams’s success in Georgia’s Democratic gubernatorial primary Tuesday by donning a black T-shirt that read “Elect Black Women.” It was a defiant statement at a time when liberals are having a heated internal debate about whether a focus on “identity politics” is driving some white voters to support Donald Trump and candidates who mirror his style and policies. Chandler is not having it. “People who complain about identity politics don’t love their identity as much as black women love theirs,” says the 35-year-old Atlanta resident who works as a diversity

   

 



 
New Jersey Senate race: Menendez, Hugin
almost even in new poll, but most undecided
NorthJersey.com [Woodland Park, NJ], by Herb Jackson    Original Article
Posted By: NorthernDog- 5/25/2018 8:28:06     Post Reply
New Jersey voters´ approval of Sen. Bob Menendez has gone up since his trial last year, but he still faces challenges both from a Republican opponent and from voter indecision as he heads into his re-election campaign this year, a Fairleigh Dickinson University poll released Friday said. The poll said 28 percent of registered voters supported two-term Democrat Menendez while 24 percent backed Republican Bob Hugin. An additional 46 percent were undecided. By comparison, Menendez led Republican Joseph Kyrillos by 42 percent to 33 percent in an FDU poll taken in May 2012, the last time he was up for

Wolfdog, direwolf or dogman? Mysterious
wolf-like creature shot in Montana
Great Falls Tribune [MT], by David Murray    Original Article
Posted By: NorthernDog- 5/25/2018 7:47:51     Post Reply
Was it a wolf, some type of hybrid, or a creature that hasn´t been seen in Montana since the Ice Age? On May 16 a lone wolf-like animal was shot and killed on a ranch outside Denton, Mont. With long grayish fur, a large head and an extended snout, the animal shared many of the same characteristics as a wolf; but its ears were too large, it´s legs and body too short, its fur uncharacteristic of that common to a wolf. So what was it? At this point, no one is 100 percent sure. "We have no idea what this

New poll suggests it´s too late for
the other candidates to catch up:
Gavin Newsom and John Cox have
commanding leads in governor´s race
San Diego Union-Tribune, by Joshua Stewart    Original Article
Posted By: NorthernDog- 5/24/2018 9:48:11     Post Reply
A new statewide poll indicates that Democratic Lt. Gov. Gavin Newsom of San Francisco and Republican businessman John Cox of Rancho Santa Fe have big leads over other candidates in next month’s primary election, positioning them to face each other in the November runoff. The survey and electoral modeling by Competitive Edge Research & Communication shows that 26 percent of voters are supporting Newsom, while 22 percent of voters are backing Cox. It also found that former Los Angeles Mayor Antonio Villaraigosa, a Democrat, is at 12 percent, Assemblyman Travis Allen, R-Huntington Beach, is at 9 percent,

Players Considering New Forms of Protests
for Revised National Anthem Policy
Sports Illustrated, by Charlotte Carroll    Original Article
Posted By: NorthernDog- 5/24/2018 6:24:42     Post Reply
Some NFL players are reportedly considering new ways to protest after NFL owners voted on a new national anthem policy Wednesday, reports Sports Illustrated´s Robert Klemko. According to Klemko, some are discussing ways to skirt new rules "just to spite the NFL." The policy removes a requirement for players to be on the field for the anthem, and gives players the option to stay in the locker room. Teams will be fined for any personnel that "do not show proper respect for the flag and Anthem” on the sidelines. Other journalists were hearing similar things from players they talked to.

Silicon Valley Wants to Tax
Big Tech Just Like Seattle Did
Bloomberg News, by Eric Newcomer    Original Article
Posted By: NorthernDog- 5/24/2018 4:16:15     Post Reply
Seattle levied an annual tax of about $50 million on big companies last week to help solve the city´s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc. Now the action moves to Silicon Valley and the Bay Area. San Francisco, Mountain View, Cupertino and East Palo Alto are all considering similar taxes on large local employers (read: tech companies) to offset growing inequality and overcrowding they blame on the industry that turned them into boomtowns. The optics don´t favor Big Tech.

Parents of Slain Teen Trayvon Martin
Say The Weinstein Co. Owes Them $150,000
MSN Entertainment, by Dawn C. Chmielewski    Original Article
Posted By: NorthernDog- 5/23/2018 8:43:55     Post Reply
The parents of slain Florida teenager Trayvon Martin say The Weinstein Co. owes them at least $150,000 for optioning the film and television rights to their book that explores the aftermath of the 2012 shooting that launched the Black Lives Matter movement. Sybrina Fulton and Tracy Martin filed documents in Delaware bankruptcy court, saying The Weinstein Co. and its television unit entered into a deal to purchase the rights to a possible movie and television series based on their book, Rest in Power: The Enduring Life of Trayvon Martin. The parents say they are owed at least $150,000 as executive

Stacey Abrams Wins Georgia Democratic
Primary for Governor, Making History
New York Times, by Jonathan Martin and Alexander Burns    Original Article
Posted By: NorthernDog- 5/22/2018 11:23:54     Post Reply
Georgia Democrats selected the first black woman to be a major party nominee for governor in the United States on Tuesday, choosing Stacey Abrams, a liberal former state house leader, who will test just how much the state’s traditionally conservative politics are shifting. By defeating Stacey Evans, also a former state legislator, Ms. Abrams also became Georgia’s first black nominee for governor, a prize that has eluded earlier generations of African-American candidates in the state. The general election is sure to draw intense national attention as Georgia voters determine whether a black woman can win in the Deep South, a

Gay Man Denied Marriage License
by Kim Davis Loses Bid to Challenge
Her for Kentucky County Clerkship
Time Magazine, by Mahita Gajanan    Original Article
Posted By: NorthernDog- 5/22/2018 8:58:48     Post Reply
A gay man seeking to challenge GOP county clerk Kim Davis in Kentucky lost his bid for the Democratic nomination to run against her, three years after she denied him a marriage license. David Ermold, who bid for the Democratic nomination in the primary race on Tuesday in Rowan County, Kentucky, lost despite raising out-raising fellow Democratic candidate Elwood Caudill by at least $200,000. Caudill will now face Davis, the Associated Press reports. Ermold, his now-husband and several other gay couples were denied marriage licenses by Davis in 2015, following a landmark Supreme Court ruling that legalized



Most Active Articles (last 48 hours)



Clinton Bashes ‘Troubling’
Electoral College as ‘Odd System’

52 replie(s)
Washington Free Beacon, by David Rutz    Original Article
Posted By: MissMolly- 5/26/2018 4:52:05 AM     Post Reply
Hillary Clinton continued to attack the Electoral College system used to elect U.S. presidents on Friday, calling it an "odd system" and contrary to the idea of "one person, one vote." "I know this is another really obvious thing to say. Vote in every election, not just presidential elections," Clinton said at Harvard University, in a clip flagged by NTK Network. "You know, it is maddening because one of the panelists said we get the government that we vote for. Now, we have this odd system with the Electoral College." Clinton defeated Donald Trump in the popular vote by nearly three million

Hillary Clinton Dons Heavy Coat and
Scarf in Sweltering 90° Boston Heat

41 replie(s)
Gateway Pundit, by Cristina Laila    Original Article
Posted By: Maryland_Patriot- 5/26/2018 11:22:34 AM     Post Reply
On Friday, Hillary Clinton stepped out into the sweltering Boston, MA heat in a heavy coat and scarf. According to various weather reports, it reached nearly 90 degrees in Boston on Friday. Hillary Clinton received the Radcliffe Award at Harvard on Friday. The twice-failed presidential hopeful told the audience she would be the CEO of Facebook given the chance “because it’s the biggest news platform in the world.” Odd… The Attorney General of Massachusetts, Maura Healey posted the photo of Hillary in the sweltering heat. Now that we are heading into the summer months, it is obvious Hillary is hiding something

Barack Obama Takes Jab
At Donald Trump: ´I Did Not
Have Scandals As President´

38 replie(s)
Newsweek Magazine, by Nicole Goodkind    Original Article
Posted By: KarenJ1- 5/25/2018 9:14:39 AM     Post Reply
President Barack Obama took a light swing at his successor during a tech conference in Las Vegas on Wednesday. His eight years in office were scandal free, he told the audience. "I didn´t have scandals, which seems like it shouldn´t be something you brag about," Obama joked. President Donald Trump’s presidency has thus far been racked with scandalous allegations, but Obama later hedged his barb. "But actually,” he said, “if you look at the history of the modern presidency, coming out of the modern presidency without anybody going to jail is really good. It´s a big deal." The reason his

Did the news media, led by Walter
Cronkite, lose the war in Vietnam?

36 replie(s)
Washington Post, by Joel Achenbach    Original Article
Posted By: Pluperfect- 5/26/2018 4:41:00 AM     Post Reply
Until 1968, Walter Cronkite believed what his government told him about the Vietnam War. He was an old-school journalist, a patriot, a man who came of age covering World War II as a wire-service reporter and then taking over as the anchor of “The CBS Evening News” at the height of the Cold War. Like most journalists of his generation, he embraced the fight against communism and understood why the United States had intervened in the war raging in Vietnam. When he’d visited Vietnam on a reporting trip early in the war, he’d been annoyed by the attitude of the young

Not so fast Obama, your biggest scandal
is unfolding before our eyes

35 replie(s)
Washington Times, by Larry O´Connor    Original Article
Posted By: JoniTx- 5/26/2018 1:25:17 AM     Post Reply
While speaking to a tech conference this week in Las Vegas President Obamarepeated a claim he and many members of the media have made since his presidency came to an end. “I didn’t have scandals, which seems like it shouldn’t be something you brag about,” Obama said. “But actually,” he said, “if you look at the history of the modern presidency, coming out of the modern presidency without anybody going to jail is really good. It’s a big deal.” The notion is obviously absurd on the face of it, for anyone who paid unbiased attention over the eight years of

Starbucks to tell staff ´prejudice is
deeply rooted´ at anti-bias training

35 replie(s)
Guardian [UK], by Edward Helmore    Original Article
Posted By: NorthernDog- 5/26/2018 2:37:54 PM     Post Reply
Starbucks is closing more than 8,000 of its coffee shops across the US on Sunday for a four-hour, anti-bias training session – almost two months since an employee at a Philadelphia location called the police on two black men accused of trespassing as they waited, without making a purchase, to be joined for a meeting. Since the incident, which sparked protests and threats of a boycott against a chain known for actively promoting a diverse workforce and taking liberal stands on issues such as same-sex marriage, senior executives have repeatedly apologized. The company reached a settlement with Donte Robinson and

Publix suspends corporate-backed
political contributions ahead of
David Hogg’s ´die-in´ protest

33 replie(s)
Washington Examiner, by Diana Stancy Correll    Original Article
Posted By: earlybird- 5/25/2018 6:54:35 PM     Post Reply
Florida-based supermarket chain Publix announced Friday that corporate-backed political contributions will be suspended “as we reevaluate our giving processes” – an announcement that came shortly before Parkland shooting survivor David Hogg’s “die-in” protest. In response to the revelation earlier this month that Publix donated $670,000 to Florida GOP gubernatorial candidate Adam Putnam, Hogg organized the “die-in” protest to occur at a Publix in Coral Springs on Friday where participants were instructed to lie down in the store for 12 minutes. Shortly before the protest was set to begin at 4 p.m., Publix issued a statement regarding the suspension of corporate-funded

Grassley Reminds FBI Agents Wanting
to Blow the Whistle: You Are
Legally Protected to Do So

29 replie(s)
Townhall, by Katie Pavlich    Original Article
Posted By: Pluperfect- 5/26/2018 5:14:45 AM     Post Reply
According to media reports this week, a number of FBI agents are hoping to get subpoenaed in the Russia probe so they can expose corruption at the top of the Bureau. In other words, guys on the ground are ready to talk about decisions made by the suits in Washington D.C. Many agents in the FBI want Congress to subpoena them so they can reveal problems caused by former FBI Director James Comey and former Deputy FBI Director Andrew McCabe, three people in direct contact with active field agents tell TheDC. “There are agents all over this country who love the bureau

Donald Trump Spends 90 Minutes Shaking
Hands with Hundreds of Naval Academy Grads

28 replie(s)
Breitbart Big Government, by Joshua Caplan    Original Article
Posted By: JoniTx- 5/25/2018 6:25:33 PM     Post Reply
President Donald Trump delivered the commencement speech at the U.S. Naval Academy’s graduation ceremony in Annapolis, Maryland on Friday and vowed to shake the hand of each outgoing student. “I could make this commencement address — which is a great honor for me — and immediately leave and wave goodbye.” “Or, I could stay and shake hands with just the top 100.” “Or I could stay for hours and shake hands with 1,100 and something.” “What should I do? What should I do?” Trump asked the cheering crowd. “I’ll stay, I’ll stay!” (Photo) President Donald Trump shakes hands with a

Hillary Clinton Wants to Be
CEO of Facebook

26 replie(s)
Breitbart Tech, by Allum Bokhari    Original Article
Posted By: JoniTx- 5/25/2018 5:17:21 PM     Post Reply
Failed presidential candidate Hillary Clinton said she would like to be CEO of Facebook. Speaking to an audience at Harvard University, alongside Massachusetts Attorney General Maura Healey, Clinton was asked what company, if any, she would like to be CEO of. Clinton said she made Facebook her choice because the social media giant is the “biggest news platform in the world.” “We can listen to really brilliant, experienced writers like David Ignatius and try to keep up with the news,” continued Clinton “But most people in our country get their news, true or not, from Facebook.” Clinton went on to talk

Watch: Far-Left Parkland Activists Scream
On Grocery Store Floor, Demand Boycott

26 replie(s)
Daily Wire, by Ryan Saavedra    Original Article
Posted By: KarenJ1- 5/25/2018 6:15:45 PM     Post Reply
Far-left Parkland activists threw themselves on the floor of a Florida grocery store on Friday, screaming and yelling for customers to boycott the store because of political donations that it had made. The "die-in" was organized by far-left activist and provocateur David Hogg, who has launched multiple boycotts aimed at those who support the NRA or who criticize him. (Snip) CBS News reported that Publix caved to the leftist pressure and intimidation tactics, announcing that they have decided to "suspend corporate-funded political contributions as we reevaluate our giving processes." "We regret that our contributions have led to a divide in

You’ll be seeing a lot more
Keith Olbermann on ESPN

26 replie(s)
New York Post, by Andrew Marchand    Original Article
Posted By: KarenJ1- 5/25/2018 7:08:56 PM     Post Reply
Keith Olbermann is expanding his role at ESPN — but it was nearly even bigger. The largest aspect of Olbermann’s expanded role with ESPN is that he will co-host around 20 “SportsCenter” 11 p.m. shows. Olbermann’s rise to national prominence came when he and his partner, Dan Patrick, hosted the program they dubbed “The Big Show.” Sources said ESPN considered offering Olbermann the full-time 6 p.m. “SportsCenter” show, but ultimately decided against it for a variety of reasons, including logistics, as the show will continue in Bristol and Olbermann lives in New York. The 6 p.m. show ultimately went to

   

Post Reply   Close thread 934854





Recommended Trending videos


Sek-Float


Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google



© 2015 Lucianne.com Media Inc.

NQ