I predict that the S&P 500 will be well under 5,000 by September 30th

[Into the Night]

Trump and you stupid MAGAS can thank the Saudi's for oil prices dropping,

Domestically produced oil is not from Saudi Arabia, Tball. You seem confused. You use MAGAS to mean 'Democrats', then you put together a convoluted sentence like this.

TRUMP didn't do shit NOT one fucking thing.

Yes he did. He authorized leases to drill for oil and got government out of the way of developing oil fields. You even complained about it. DON'T TRY TO DENY YOUR OWN POSTS!

And if the Iraqis shut down the shipping lanes the cost of oil will be going way up and I am surprised they haven't yet, And you will be able to thank Trump for that.

Iraq is not Saudi Arabia.
Iraq is not Iran.
The price of gasoline (a petroleum product) is dropping. A barrel of oil is currently worth $66.05. That's considerably less than the $118.87 it reached during the 3rd term of Obama (using Biden as the Chief puppet). (Source: NYMEX Crude Oil futures, 5yr history)

Yeah. I thank Trump for that since it was Trump that authorized the new drilling permits, Tball.

 

[Tobytone]

You don't own any stock, Wally. It's obvious you're pretending.

I was going to say the same thing, lol. Not to mention, I'm not sure who's advising him, but taking out 4% a year during retirement is a bad plan, but I won't explain it to Wally, I'd rather he figures it out the hard way.

 

[Into the Night]

What are you talking about?
My point was Trump hasn't done a thing to bring down the cost of gas and oil, It has been the Saudis increasing their production thousands of barrels a day that is bringing it down.
Again Trump is trying to take credit for something he had nothing to do with like always.

Denying your own posts and the futures market won't work, Tball.

 

[Into the Night]

And that only raised the cost of oil, It would be lower if Trump hadn't put tariffs on it.

It IS lower, Tball. Tariffs don't apply to domestic products.

And his tariffs , at least the ones that ARE in effect already are driving the cost of goods up. And He hasn't put all of them into place yet.

You can't argue both sides of a paradox, Tball.

We are going to have to wait and see if he does put them on as he says he is going to and if he does watch the prices of almost everything we buy go up and up.

You can't argue both sides of a paradox, Tball.

 

[Into the Night]

Why would they do that? (btw, don't you mean the Iranians, not the Iraqis?) It is Iran who would attempt to shut down the Strait of Hormuz.

Iran would never do that because they would be doing that to their own economical detriment.

Tball can't seem to get that straight in his head for some reason.

 

[Into the Night]

I hope they are doing it now , after all Trumps tariffs are in place there won't be an " improved economy"

The tariffs are in place, Tball. The economy is improving dramatically, particularly in the construction industry. The economic depression started by the Democrats is finally over.

 

[Into the Night]

Why would they do that? (btw, don't you mean the Iranians, not the Iraqis?) It is Iran who would attempt to shut down the Strait of Hormuz.

Iran would never do that because they would be doing that to their own economical detriment.

Iranian pirates return. The US Navy is starting to deal with them.

 

[IBDaMann]

Of course, New York has no authority over any valuation of property in Florida for ANY purpose.

Certainly a good point. New York can ensure that fraud is not committed in the area of property valuation, to protect banks, for example.

Also, the bank make a good bet on the loan, since the loan was satisfied.

That they sure did. Spot on.

 

[Into the Night]

NO it is IRAQ,

Iran is not Iraq, Tball.

you know the ones we bombed a week or so ago,

Iran is not Iraq, Tball.

and they have already said they might and that would drop the number of ships going threw there and disrupt the oil supply.

This piracy is being dealt with by the US Navy and other naval vessels.

And they could let THEIR ships go through to China and other countries.

Iran does not use the Suez Canal to ship product to China, Tball.

Only thing right now stopping them is the Saudis are increasing production and they do not need to send their oil threw the Strait of Hormuz.
And Trump is trying to take credit for low oil prices when he had NOTHING to do with it.

Saudi Arabia is not Iran, Tball.
Saudi Arabia is not Iraq.
Saudi Arabia is helping to quash the Iranian piracy in the Suez Canal by helping the US Navy.

Domestic oil does not come from Iran, Iraq, or Saudi Arabia, Tball. The United States has far more oil than the entire Mid-East nations combined.

 

[Into the Night]

Go easy on him.......he isn't a bad guy at heart but he quite obviously falls short in the IQ department.

No. I won't go easy on him. I do not tolerate his hatred of America, his hatred of the Constitution of the United States and all State constitutions, his hatred of children, his hatred of women, or his hatred of Trump.

This place is hard on him,....he doesn't have the acumen to deal with the complexities of politics.

Too bad. I pull no punches here.

 

[Into the Night]

Certainly a good point. New York can ensure that fraud is not committed in the area of property valuation, to protect banks, for example.

Only for a bank operating in New York, and they have NO authority to valuate property for ANYTHING except for tax purposes. As you said, the BANK valuates the collateral offered as part of it's due diligence in protecting it's stock holders (and itself as a business!).

That they sure did. Spot on.

And this is the weird part. The Democrats are claiming the bank was defrauded, but the loan was paid!

 

[Into the Night]

What does QE have to do with this topic?

Tball seems to think that QE causes deflation.

 

[IBDaMann]

And this is the weird part. The Democrats are claiming the bank was defrauded, but the loan was paid!

It's not weird. It's L - A - W - F - A - R - E. That Leticia James has her come-uppins coming up.

 

[Walt]

Quantitative Easing IS inflation, Wally.. It is the devaluation of the dollar.

It is meant to cause inflation. When conventional monetary policy fails to prevent deflation, QE is used to create inflation to fight the deflation.

 

[Into the Night]

It's not weird. It's L - A - W - F - A - R - E. That Leticia James has her come-uppins coming up.

Lawfare has gotten pretty weird, breaking the law to persecute people. Of course, it could be argued they've always been this weird.

Hate like this is senseless.

 

[Into the Night]

It is meant to cause inflation. When conventional monetary policy fails to prevent deflation, QE is used to create inflation to fight the deflation.

What deflation, Wally?? There never has been any deflation since fiat money was illegally implemented by FDR.

 

[Walt]

What deflation, Wally?? There never has been any deflation since fiat money was illegally implemented by FDR.

Japan had clear deflation, and the USA had a small amount of deflation. Given the target inflation is 2%, bouncing between -0.5% and +0.5% is dangerous. In both cases, central banking rates were zero, so had nowhere lower to go.

 

[Based Chad]

Random words. No apparent coherency. Go learn English.

you = i love banker cocksl

 

[Based Chad]

Random words. No apparent coherency. Go learn English.

go eat a dick

pretending you don't know words is retard level.

 

[Based Chad]

No, Wally. It was created by Congress, and Congress controls it.

Food cannot take over a government agency.

Illiteracy: The first word of a sentence is always capitalized. Missing conjunction.

it's very independent.

private shares are sold in the federal reserve.

and they are held by corporations and are non-transferable.

pure fascism.