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Presidential tax returns Republicans vs Democrats
wrps07 397 reads
posted

It was interesting to see that the democrats have very few capital gains and dividend income. Hillary Clinton has some dividends from S&P 500 mutual fund. Obama no capital gains, he is carrying over a loss from a bond from a few years ago.

Related Link: http://www.taxhistory.org/www/website.nsf/Web/PresidentialTaxReturns?OpenDocument

WickedBrut60 reads

Probably not so much of a coincidence nor reflective of any political ideology that people who are busy with matters that don't force them to watch the markets would park their money in mutual funds and go about their business. People who are in finance or some commodity (like oil, probably less so corn or pork bellies) would pay more attention to individual stocks. I find playing the market to be as consuming as fucking around posting on this board. lol

And in an election year the markets can get very volatile because of unknowns. And even though it now looks like Trump's ass is grass, we didn't know that it would such a sure thing a couple of months ago, did we.

So no, that doesn't seem very interesting.

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bigguy3069 reads

So everybody else running for President or Vice President released their taxes.
It's a reminder of how bad Trump looks with refusing to release his own taxes.
 

Posted By: WickedBrut
Probably not so much of a coincidence nor reflective of any political ideology that people who are busy with matters that don't force them to watch the markets would park their money in mutual funds and go about their business. People who are in finance or some commodity (like oil, probably less so corn or pork bellies) would pay more attention to individual stocks. I find playing the market to be as consuming as fucking around posting on this board. lol  
   
 And in an election year the markets can get very volatile because of unknowns. And even though it now looks like Trump's ass is grass, we didn't know that it would such a sure thing a couple of months ago, did we.  
   
 So no, that doesn't seem very interesting.

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wrps0790 reads

Or Trump has paid no taxes.

Related Link: http://www.washingtonpost.com/politics/trumps-income-tax-returns-once-became-public-the...

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FatVern49 reads

If you already don't like Trump, why do you need more reason not too ?

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wrps0769 reads

Maybe the democrats know the market is in the bubble and they are afraid to invest in the stock market. We all know the FED is artificially propping up the market with interest rates near zero. One day the bubble will crash, enjoy it while it lasts.  

The Clintons seems to be more republican than democrat ihmo.  Even when you look at there tax returns from the 1990s they paid capital gains.

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WickedBrut95 reads

That day will be a bad day for the market. I doubt that it will wipe out the gains made over the years. 20% correction sounds unlikely to me, but who knows?

The rate will probably not be raised unless the economy looks fairly solid. And it'll weaken the dollar allowing better export prices, if we've got anything anyone else wants to buy besides turquoise and silver jewelry.

I guess without donning my rosy sunglasses I just don't think the waters are that dangerous right now.

But yes, that aspect of it is indeed more interesting than who is holding lots of stocks. And remember, if you don't sell your stock it doesn't show up as yearly profit. And Obama doesn't strike me as day trader.

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saltyballs122 reads

If we get any serious decline in private and state borrowing it would implode the entire system. Recall that a very modest drop in new borrowing very nearly collapsed the global financial system in 2008-09, as our financial system depends on a permanently monstrous expansion of new borrowing to fund consumption, student loans, taxes, etc. Enjoy the dog and pony show while it lasts!

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GaGambler83 reads

It's no wonder you keep getting things wrong, and making the wrong bets based on the same information as the rest of us.

A rise in US interest rates will have the exact OPPOSITE effect on the value of the dollar. I know you consider yourself an academic, here is your homework assignment, research the effects of raising US interest rates on the US dollar and get back to us with your results.

Also a ten percent retracement in the Stock Market is a "correction" twenty percent is where the market enters "bear market" territory.

The only thing you did seem to get right is that stocks will fall in a rising interest rate environment, as of course will bonds. Right now, in a zero interest rate environment, coupled with low commodity prices, the stock market is the only place most people believe they can get any return whatsoever on their money. When interest rates finally start to rise and people can get any kind of positive return at all on their money the people who have felt "forced" to have their money in the market will start eschewing the market for in a "flight to safety" letting all the air out of the market. The $64 question of course, is WHEN?

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JakeFromStateFarm78 reads

And everyone then assumed it was the first of regular quarterly rates rises.  The Dow was up that day by 224 points.

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GaGambler74 reads

Just look and see what happened the very next day, not to mention the huge sell off that happened over the next several weeks.  

My god, did you go to the same investment seminar with WB? You guys BOTH need some serious remedial training in how the markets work.

-- Modified on 8/13/2016 3:37:33 PM

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JakeFromStateFarm111 reads

First of all, the Dow closed December 2015 up slightly from the prior month and was only off 2.2% for the whole year.  What happened over the next several weeks had ZERO to do with rates.  And that is what we're talking about here. In fact, ALL we were talking about was the market's reaction to Fed moves.  So what I said was accurate.
You may have a different perspective because oil tanked so badly during the year but that's your own myopic view.
PS: Your tenure at JDU as Professor of Economics has been rescinded.

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saltyballs112 reads

......where you pay your bank for keeping your deposits, savings etc. I cannot imagine our electorate lying down and taking this lightly. If it ever occurred it's guaranteed that who ever is in power as POTUS would be a one timer for sure....lol

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JakeFromStateFarm39 reads

At least it's stronger than anywhere else in the world.  A rate increase is more likely at some point.

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