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OT Dow breaks 20000 and President Trump is giving orders to build the wall

You have no idea what you are talking about. Complete ignorance. Every sentence, thought or word in this mess of an explanation is either inaccurate or voodoo mysticism.
Sounds like CNN mindless drivel! They spend 10 trillion for pathetic growth and a fake jobs number that doesn't count the 50 or so million that gave up! You just can't educate some people ....welfare for votes.
 
Like Madoff, Trump is a good salesman. With promises of unrealistic returns, he got votes from good unsuspecting people. When he crashes, his "friends" will be the angriest. He's no "Tear down this wall" Reagan.
You mean Madoff the Democratic Hillary supporter! Trump is your President- got to love it!
 
Care to say anything about bond trends??

MM,

I tried to play the Market in many ways. I am more into Stocks and Option Trading than in Bond and there are many different typss of bonds. However, in spite of that, Most of my portfolio is invested into one type of bond, A Treasury Strip, which is a bond that the longer the term to muturity sells at a deep discount.
ie: most bonds have a face value of $1,000 when one purchases them and is paid a fixed rate of interest
until the bond Matures. Once they mature, they are called in and the Bond holder gets his $1,000 back.
With Strips, let's say that you buy one Maturing in 15 years, since the bond pays no interest,
( the interest is striped fron it ) it sells at a discount.
When I started to buy these Strips, I was buying the 15 year bond for close to $ 600 and when they
matured , I recived the full call price of $ 1,000. The Strips were then selling at a very deep discount !
Now when, I look at the 15 year bond, If I purchase one , I must now pay close to $750 for it,
so my bond portfolio has done quite well. However, I don't know if I want to tie up my money for a much
lower return than I used to get on these bonds, so I am sitting on my cash for now.
Sorry to ramble, but in short , Bond trends will move up or down depending on interest rates, so bonds are selling at very high premiums over their face values because of negative interest rates. Just like
Stocks, they had a great Bull Market, but if interest rates rise , bond prices will fall. That is about all I know about Bonds.
 
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MIT has estimated the real cost of the wall is at 38 billion. Even if they do it for 19 billion: WE TOOK AWAY NASA'S Budget. it is a fraction of the wall.

Love the chest beating for a wall (that is symbolic only and affects nothing) by the fans of the "Fighting Irish" A Team who's national following ONLY stems from its history of giving the finger to those who said the catholic sons of immigrants weren't real americans. The Nth level Irony is astounding.
 
MM,

I tried to play the Market in many ways. I am more into Stocks and Option Trading than in Bond and there are many different typss of bonds. However, in spite of that, Most of my portfolio is invested into one type of bond, A Treasury Strip, which is a bond that the longer the term to muturity sells at a deep discount.
ie: most bonds have a face value of $1,000 when one purchases them and is paid a fixed rate of interest
until the bond Matures. Once they mature, they are called in and the Bond holder gets his $1,000 back.
With Strips, let's say that you buy one Maturing in 15 years, since the bond pays no interest,
( the interest is striped fron it ) it sells at a discount.
When I started to buy these Strips, I was buying the 15 year bond for close to $ 600 and when they
matured , I recived the full call price of $ 1,000. The Strips were then selling at a very deep discount !
Now when, I look at the 15 year bond, If I purchase one , I must now pay close to $750 for it,
so my bond portfolio has done quite well. However, I don't know if I want to tie up my money for a much
lower return than I used to get on these bonds, so I am sitting on my cash for now.
Sorry to ramble, but in short , Bond trends will move up or down depending on interest rates, so bonds are selling at very high premiums over their face values because of negative interest rates. Just like
Stocks, they had a great Bull Market, but if interest rates rise , bond prices will fall. That is about all I know about Bonds.

Why are you trading Bonds? The best traders in the world trade bonds. 2, 5, 10 year are notes. 30 year is a bond. Look at Black Rock's Corporate Bond Fund - HYT - It's a 8-9% return and the prices are just breaking out of a trading range. Good return and some equity kicker. If you want to trade bonds long term, trade the yield curve. Buy 5 and 10's and sell the 30 year. And remember that spread moves around a lot. So wait and pick your spot. I always traded 10's v. 30 1 to 1 which is much more violent in movement. HYT is a nice trade for return with some equity kicker and not much equity risk.
 
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Right. But they claimed it was the other way around. Which is what I said - "claimed".

Trump wants to renegotiate NAFTA. Personally, I think the wall project has more to do with trade negotiations than implementing effective immigration control or national security.

Yeah, I know you said claimed. It doesn't matter. Your comparison is completely invalid. The reason the Soviets had to build the wall is because it was a totalitarian regime and people were trying to escape. The US is in the exact opposite position. We are a free and prosperous society, and we have more people trying to get in here than we can handle. Your intention was to frame the construction of the wall in a nefarious light by comparing it to the Berlin wall, but there is nothing nefarious about the proposed boarder wall.

but why this silly wall?

If certain cities/states would stop undermining federal immigration law, a wall wouldn't be necessary.

The GOP vowed they would not cooperate with Obama; despite this we have had continual record job growth.

Record job growth is misleading. It's really just replacing jobs that were lost during the recession.
 
Why are you trading Bonds? The best traders in the world trade bonds. 2, 5, 10 year are notes. 30 year is a bond. Look at Black Rock's Corporate Bond Fund - HYT - It's a 8-9% return and the prices are just breaking out of a trading range. Good return and some equity kicker. If you want to trade bonds long term, trade the yield curve. Buy 5 and 10's and sell the 30 year. And remember that spread moves around a lot. So wait and pick your spot. I always traded 10's v. 30 1 to 1 which is much more violent in movement. HYT is a nice trade for return with some equity kicker and not much equity risk.

Thanks Howard,

You are certainly much more knowledgeable about bonds than I am. While I do have a lot of strips in my portfolio, I am actually not trading them. The reason that I became involved in them is because when my parents passed away, the money that I received from them I put into a trust for my kid and grandkids. So I set up a Ladder of Strips stretching my maturies out 15 years from near to far. In my trust, I have instruction the future trustee, who will be a family member. When the near one matures to roll back to add another " Step" on the back ( botton) of the ladder, and then distribute the difference to the beneficiaries. The idea was and is to insure a stead stream of earnings ( in pepertuity ) to the beneficiaries.
After responding to MM, I went back and checked my Strip
purchases and noticed that 4th and 3rd bottom steps on my ladder, I was paying in the mid to high $400 for each $1000 strip. that was a very steep discount , but then Bond ( and strip ) prices rose rather steeply,
and I found that the last two bottom steps on my ladder I was paying in the low $700 for each Strip,
so I stopped buying them for now.
My preference has always been trading stocks and Stock options even in my Trust , I love options and
find if one uses them conservatively, Asks all the ”What Ifs" befor selling or purchasing Options , they are
one of the best ways to trade, accumulate stock, and to greatly increase income. If used properly, they can be almost Risk Free, if one always does his homework first.
Thanks Howard, I find reading your posts very informative, and will look into the Black Rock Bonds
to increase my knowledge of an area that I have never placed much emphisis on in the past.
 
. Trump will really put it to Putin. The Pipelines that Trump just approved, will move Hugh supplies of
U S Crude Oil to Tankers which will make the U S a major oil exporter to Western Europe , and by so doing,
Russia will lose its energy strangle hold over Europe as well as badly needed money to help Russia's already failing economy.
This is good foth the USA and Europe but very bad for Russia !
 
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. Trump will really put it to Putin. The Pipelines that Trump just approved, will move Hugh supplies of
U S Crude Oil to Tankers which will make the U S a major oil exporter to Western Europe , and by so doing,
Russia will lose its energy strangle hold over Europe as well as badly needed money to help Russia's already failing economy.
This is good foth the USA and Europe but very bad for Russia !

Also great for Canada, financially. Billions flowing into Alberta and to the feds through taxes. When NAFTA gets re-negotiated, I expect the feds in the U.S. to push for that oil at a cheaper price and I would be more-than-happy to provide it to them if they are willing to lower the taxation on Canadian lumber products, which are the best in the world and need to be in markets everywhere.
 
Positive sign for the stock market, but why this silly wall? Many of the illegal migrants are coming from underground and through passages that a wall, no matter how high you build it, won't stop. Save the 13-25 billion and invest it in greater human resources, or a small army of optics and drones to greatly increase boarder security, especially in the areas it's lacking. Expand ICE, the DEA, etc, etc and create jobs that way. No matter how tall the wall is built, people with ingenuity will find away to get under or around it.. JMO.

I agree.

Its part of the reason why I think the wall authorization, while not a bluff, has more to do with trade negotiations than national security. Trump threatens to build a wall, it seems silly or perhaps unrealistic. Trump authorizes a wall, the threat becomes real and he fulfills a campaign promise. World leaders get "points" for tearing down walls, especially a Mexican president that needs to turn otherwise unpopular trade concessions into a political victory. The closer that wall is to being built, the better the Mexican president looks for preventing or limiting it. Trump can dump the wall for a "better" NAFTA trade deal, and in its place he can implement immigration policies that might do a better job of addressing national security, and human and drug trafficking concerns and be fine politically.

Obviously that's overly simplistic but whether or not a wall gets built, where it gets built, the number and location of boarder crossings, and and a ton of other things are all negotiable. Trump wasn't my choice, but I'm interested in seeing what kind of deals he can negotiate.

Sometimes a wall is just a wall. Sometimes its not.
 
I'm sure you only read the part to satisfy your reply. There is a difference between defect and debt and most importantly that went down in every year. http://www.forbes.com/sites/shardin...y-so-much-about-government-debt/#16a1016221c0
So what.......the deficit is shrinking but it's not even close to a surplus.....if it becomes a surplus it will be under Trump but at this rate it hits 20 trln in June and I doubt you can pay 1/100th of your 166,000- share! Lols!!
 
You have no idea what you are talking about. Complete ignorance. Every sentence, thought or word in this mess of an explanation is either inaccurate or voodoo mysticism.
Please point out each inaccuracy by citing some facts such as the lob losses in January of 2009; the surplus/deficit of Clinton's last year, the surplus/deficit of W's last budget year and this year's current deficit; the years we had more consecutive months of private sector job growth than exists currently; the fed rate in 2009.
 
So what.......the deficit is shrinking but it's not even close to a surplus.....if it becomes a surplus it will be under Trump but at this rate it hits 20 trln in June and I doubt you can pay 1/100th of your 166,000- share! Lols!!
The GOP just passed a budget resolution that adds 10 trillion to the deficit. Trump's plan to reduce taxes on the wealthy and increase military spending will explode the deficit the same way it did under Reagan.
 
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Also great for Canada, financially. Billions flowing into Alberta and to the feds through taxes. When NAFTA gets re-negotiated, I expect the feds in the U.S. to push for that oil at a cheaper price and I would be more-than-happy to provide it to them if they are willing to lower the taxation on Canadian lumber products, which are the best in the world and need to be in markets everywhere.

Ontario,
Yes, the pipeline will be great for both our countries. I really hope and believe that the U S and Canada will enter into good and fair trade deals !
 
The GOP just passed a budget resolution that adds 10 trillion to the deficit. Trump's plan to reduce taxes on the wealthy and increase military spending will explode the deficit the same way it did under Reagan.
. Happy days! Better get a 5%+ growth rate or you'll be past the point of no return. Enjoy!
 
Thanks Ivan, nice to have some actual facts. Gonna be fun to see how Trump begins paying back his Russian Comrade who got him elected. Will he end the sanctions??? Thus the Putin Presidency starts Saturday. But you Trumpies seem to be happy about it.

American hero John McCain says HELL NO and goes on to agree with how rigged this election was:

“And in the most flagrant demonstration of Putin’s disdain and disrespect for our nation, Russia deliberately interfered in our recent election with cyberattacks and a disinformation campaign designed to weaken America and discredit Western values.”

Guess Vietnam vet, American hero and POW ("I like people who weren't captured" -- said Donald Trump, the rich kid who got FIVE DEFERMENTS! What a hypocrite, guy has no shame!)

Guess McCain is wearing at tin foil hat too.

(And not the Chinese made and SOVIET RED "Make America Great Hats' that fooled so many of my fellow citizens.

Thanks John for your honesty and service to America.
 
Thanks Ivan, nice to have some actual facts. Gonna be fun to see how Trump begins paying back his Russian Comrade who got him elected. Will he end the sanctions??? Thus the Putin Presidency starts Saturday. But you Trumpies seem to be happy about it.

American hero John McCain says HELL NO and goes on to agree with how rigged this election was:

“And in the most flagrant demonstration of Putin’s disdain and disrespect for our nation, Russia deliberately interfered in our recent election with cyberattacks and a disinformation campaign designed to weaken America and discredit Western values.”

Guess Vietnam vet, American hero and POW ("I like people who weren't captured" -- said Donald Trump, the rich kid who got FIVE DEFERMENTS! What a hypocrite, guy has no shame!)

Guess McCain is wearing at tin foil hat too.

(And not the Chinese made and SOVIET RED "Make America Great Hats' that fooled so many of my fellow citizen

Thanks John for your honesty and service to America.
McCain had too many things shoved up his backside by the Viet Cong. Too bad the Arabs who backed Hillary are not running the place. Enjoying your tears in Bermuda! Lols
 
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Following today's extremely disappointing US GDP growth data, we have the final nail in the coffin of President Obama's economic reign. Not only is the average annual growth rate of just 1.48% during Obama's business cycle the weakest of any expansion since at least 1949, he has just become the only President to have not had even one year of 3% GDP growth. Good thing he spent 10 trillion on a lot of crap!
 
The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting 20 trillion dollars.
 
And the debtor-in-chief (Failed business clown Trump never knew a loan he didn't like or try to get out of paying) is pushing big tax cuts to his billionaire friends (they need another yacht.) So 1596 if you are in Bermuda on your yacht, congrats buddy, you won. The 1% will succeed in driving this once great country into the ground and into the arms of Putin... Sad really.

The Tax Foundation has estimated that the Trump tax cuts would lower federal revenues between $2.6 trillion and $3.9 trillion by 2025, even after the positive effects on the economy. This could take the debt-to-GDP ratio to 105 percent, just about equal to the all-time high at the end of World War II.

The hypocrisy of conservatives never ever ceases to amaze me. Now they LOVE DEBT and a SLEEPING WITH THE RUSSIANS.
 
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And the debtor-in-chief (Failed business clown Trump never knew a loan he didn't like or try to get out of paying) is pushing big tax cuts to his billionaire friends (they need another yacht.) So 1596 if you are in Bermuda on your yacht, congrats buddy, you won. The 1% will succeed in driving this once great country into the ground and into the arms of Putin... Sad really.

The Tax Foundation has estimated that the Trump tax cuts would lower federal revenues between $2.6 trillion and $3.9 trillion by 2025, even after the positive effects on the economy. This could take the debt-to-GDP ratio to 105 percent, just about equal to the all-time high at the end of World War II.

The hypocrisy of conservatives never ever ceases to amaze me. Now they LOVE DEBT and a SLEEPING WITH THE RUSSIANS.
Obama runs up more debt than all other presidents put together! Lowest growth ever! Lols
 
Speaking about Marxist:

In early December Jeremiah Johnson warned the inauguration was still a long way off and that we should never underestimate a Marxist with an army of oligarchs to lean on. It turns out that Johnson’s warnings were right on target, as we have learned over the last couple of weeks that President Obama and officials in his administration moved feverishly to implement new rules and regulations with last minute initiatives.

One such regulation, which seemingly disappeared within the hustle and bustle of inauguration day, was a new order issued by U.S. Fish and Wildlife Service Director Dan Ashe just 12 hours before our new President was sworn into office.

U.S. Fish and Wildlife Service Director Dan Ashe, an Obama appointee, ordered a new ammunition ban for certain federal lands on Thursday–his last full day in office.

The ban, which took effect immediately, eliminates the use of lead-based ammunition on federal lands like national parks and wildlife refuges, as well as any other land administered by the Fish and Wildlife Service.The ban is expected to have a major impact on much of the hunting that takes place on federal lands across the United States as lead-based ammunition is widely legal and used throughout the country.

Ashe said the order was necessary to protect wildlife from exposure to lead.

That may seem like a big win for the anti-gun left, but The National Shooting Sports Foundation has already leapt into action:



“This directive is irresponsible and driven not out of sound science but unchecked politics,” said Lawrence Keane, the group’s senior vice president.



The timing alone is suspect. This directive was published without dialogue with industry, sportsmen, and conservationists. The next director should immediately rescind this and, instead, create policy based upon scientific evidence of population impacts with regard to the use of traditional ammunition.”

As we noted earlier, President Trump has a lot of work to do to reverse the damage caused by the Obama administration.

Reversing this asinine ammunition ban is a good start.
 
And the debtor-in-chief (Failed business clown Trump never knew a loan he didn't like or try to get out of paying) is pushing big tax cuts to his billionaire friends (they need another yacht.) So 1596 if you are in Bermuda on your yacht, congrats buddy, you won. The 1% will succeed in driving this once great country into the ground and into the arms of Putin... Sad really.

The Tax Foundation has estimated that the Trump tax cuts would lower federal revenues between $2.6 trillion and $3.9 trillion by 2025, even after the positive effects on the economy. This could take the debt-to-GDP ratio to 105 percent, just about equal to the all-time high at the end of World War II.

The hypocrisy of conservatives never ever ceases to amaze me. Now they LOVE DEBT and a SLEEPING WITH THE RUSSIANS.
I hear Rosie has room in her vw van. She is heading to Canada. Giver her a call.
He is going to make America Great Again.
 
Why are you trading Bonds? The best traders in the world trade bonds. 2, 5, 10 year are notes. 30 year is a bond. Look at Black Rock's Corporate Bond Fund - HYT - It's a 8-9% return and the prices are just breaking out of a trading range. Good return and some equity kicker. If you want to trade bonds long term, trade the yield curve. Buy 5 and 10's and sell the 30 year. And remember that spread moves around a lot. So wait and pick your spot. I always traded 10's v. 30 1 to 1 which is much more violent in movement. HYT is a nice trade for return with some equity kicker and not much equity risk.

I traded a 1986 topps traded rookie Barry Bonds for a 1966 topps Bobby Murcer card. Bonds went down in value because of the steroid scandal.
 
Regular Americans do not benefit from the stock market. New Yorkers in their penthouses - siphoning a percent here and there - benefit greatly.

There's a huge divide between those that benefit from the stock market and those that do not. To the average man, the stock market means nothing.
 
Regular Americans do not benefit from the stock market. New Yorkers in their penthouses - siphoning a percent here and there - benefit greatly.

There's a huge divide between those that benefit from the stock market and those that do not. To the average man, the stock market means nothing.

Most working Americans have retirement savings in 401K and IRAs that directly track the stock market. So, I would say you are quite incorrect.
 
The Pope is against Trump's proposal:

http://usuncut.com/news/pope-francis-cannot-reject-refugees-call-christian/

"Pope Francis condemned the hypocrisy from Christians who are merciless to refugees and people of other faiths, addressing a gathering of a pilgrimage of Catholics and Lutherans from Germany, reports Catholic News Service.

Francis rebuked “the contradiction of those who want to defend Christianity in the West, and, on the other hand, are against refugees and other religions.”

“This is not something I’ve read in books, but I see in the newspapers and on television every day,” Pope Francis said,”

“The sickness or, you can say the sin, that Jesus condemns most is hypocrisy, which is precisely what is happening when someone claims to be a Christian but does not live according to the teaching of Christ. You cannot be a Christian without living like a Christian,” he said."
 
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A rise in the stock market would be expected when corporations will have to pay less in taxes and they no longer have to control for the amount of rat feces in the cereal they sell.
 
The Pope is against Trump's proposal:

http://usuncut.com/news/pope-francis-cannot-reject-refugees-call-christian/

"Pope Francis condemned the hypocrisy from Christians who are merciless to refugees and people of other faiths, addressing a gathering of a pilgrimage of Catholics and Lutherans from Germany, reports Catholic News Service.

Francis rebuked “the contradiction of those who want to defend Christianity in the West, and, on the other hand, are against refugees and other religions.”

“This is not something I’ve read in books, but I see in the newspapers and on television every day,” Pope Francis said,”

“The sickness or, you can say the sin, that Jesus condemns most is hypocrisy, which is precisely what is happening when someone claims to be a Christian but does not live according to the teaching of Christ. You cannot be a Christian without living like a Christian,” he said."
Well worth remembering on Sunday morning.
 
I believe that Pope Francis would be better off spending his time "cleaning" up the church, and
speaking out on the doctrines that the church is supposed to stand for like " Marriage " ,
and " That all life begins at conception . " Very sad to see so many " Catholics " who are Pro Abortion,
and the Catholic Church has been relatively quiet on this matter ? Also very troubling to see the rich and powerful " Catholic " politicians who were and supported Pro Abortion legislation Get the big " Send Off "
to the next world by bishops and other high Church officials.
The Pope is certainly entitled to his political and economic views, but No one elected him to lead any
country. Also, many other Christian Leaders do not agree with Pope Francis, economic or political views.
I believe that all the 9 / 11 terrorists were here on valid visas ? A lot of good those valid visas did for
the people slaughtered , including one of my neightbors and a good number of my former students,
who were working in the World Trade Center.
President Trump swore to " Protect and Defend " the United States, and that is his job.
As far as Admitting " Refugees " , I think helping the refugees in their own coutries, by establishing safe zones, food ,clothing, medical care, and rebuilding their lands would be a better solution!
Every country has limited resources and limited ability to accept refugees, even the United States !
Accepting Refugees from lands that follow an extreme radical ideology must be done with extreme care,
and that must be determined by each individual country and its elected leaders, not by Pope Francis or any other religious leaders.
 
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I believe that Pope Francis would be better off spending his time "cleaning" up the church, and
speaking out on the doctrines that the church is supposed to stand for like " Marriage " ,
and " That all life begins at conception . " Very sad to see so many " Catholics " who are Pro Abortion,
and the Catholic Church has been relatively quiet on this matter ? Also very troubling to see the rich and powerful " Catholic " politicians who were and supported Pro Abortion legislation Get the big " Send Off "
to the next world by bishops and other high Church officials.
The Pope is certainly entitled to his political and economic views, but No one elected him to lead any
country. Also, many other Christian Leaders do not agree with Pope Francis, economic or political views.
I believe that all the 9 / 11 terrorists were here on valid visas ? A lot of good those valid visas did for
the people slaughtered , including one of my neightbors and a good number of my former students,
who were working in the World Trade Center.
President Trump swore to " Protect and Defend " the United States, and that is his job.
As far as Admitting " Refugees " , I think helping the refugees in their own coutries, by establishing safe zones, food ,clothing, medical care, and rebuilding their lands would be a better solution!
Every country has limited resources and limited ability to accept refugees, even the United States !
Accepting Refugees from lands that follow an extreme radical ideology must be done with extreme care,
and that must be determined by each individual country and its elected leaders, not by Pope Francis or any other religious leaders.
No problem rgc, if you are not a Christian then you don't need to live by Christ's teachings. Enjoy the underworld.
 
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