Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

So what now?

Old 08-05-2011, 05:15 PM
Giant Nontypical
Thread Starter
jeepkid's Avatar
Join Date: Mar 2006
Location: ****ifornia
Posts: 5,052
Default So what now?

What happens now that we are AA-plus? Any predictions on the stock market come Monday?

jeepkid is offline  
Old 08-05-2011, 05:23 PM
Super Moderator
CalHunter's Avatar
Join Date: Feb 2003
Location: Northern California
Posts: 18,158

I'm not sure how the market will react. They should be nervous and distrusting. As far as the direct impact upon all of us little guys, I'm going to be curious to see how soon it affects interest rates which should start heading upward.
CalHunter is offline  
Old 08-05-2011, 06:24 PM
Boone & Crockett
falcon's Avatar
Join Date: Mar 2007
Location: Comance county, OK
Posts: 11,381

The market on Monday will be influenced by the actions of other world markets that open before Wall St.

Standard and Poors says they will downgrad the rating again if the politicians in DC do not get the deficit under control. If the US gov't were a corporation the rating would be in the junk bond range.
falcon is offline  
Old 08-05-2011, 07:15 PM
Dominant Buck
Fieldmouse's Avatar
Join Date: Jan 2004
Posts: 37,721

We begin to throw the old farts over the cliff. Screw'em.
Fieldmouse is offline  
Old 08-05-2011, 08:14 PM
Nontypical Buck
RobertSubnet's Avatar
Join Date: Aug 2005
Location: Phoenix, AZ
Posts: 3,813

Any predictions on the stock market come Monday?
Jeepkid: I honestly do not know. Many people feel that the markets have already accounted for this. I have stop losses in place for my positions. But as CalHunter said the markets will be nervous and nervous markets go down.
RobertSubnet is offline  
Old 08-05-2011, 09:00 PM
Nontypical Buck
sconnyhunter's Avatar
Join Date: Oct 2009
Location: Wherever liberalism must be eradicated.
Posts: 2,734

As a local radio station put it this morning.
Welcome to Jimma Carter part 2.

We have essentially the same situation as Carter did.

A commander in chief who has no idea what he's doing. Nor any idea how to get done what he want's to get done.
Couple that with the fact the He's a an extreme ideologue.

As well as high gas prices, falling markets, high unemployment, a deep recession, impending inflation from the de-valuing of the dollar.

Last edited by sconnyhunter; 08-05-2011 at 09:04 PM.
sconnyhunter is offline  
Old 08-05-2011, 10:54 PM
Nontypical Buck
FlDeerman's Avatar
Join Date: Feb 2003
Location: DeFuniak Spr.Florida
Posts: 4,329

I think sconnyhunter said it all.How's that "change"?AAA now AA,that is change.lol if I wasn't ready to cry.What will my grand kids be stuck with.
FlDeerman is offline  
Old 08-06-2011, 03:35 AM
Dominant Buck
Champlain Islander's Avatar
Join Date: Dec 2004
Location: On an Island in Vermont
Posts: 21,861

Sconny has it right. We are in for a huge slide until the damage and administration changes.
Champlain Islander is offline  
Old 08-06-2011, 03:41 AM
Join Date: Oct 2010
Posts: 264

Originally Posted by Fieldmouse View Post
We begin to throw the old farts over the cliff. Screw'em.
start with your old man..LOL

The try me
Venator2 is offline  
Old 08-06-2011, 04:04 AM
Dominant Buck
Fieldmouse's Avatar
Join Date: Jan 2004
Posts: 37,721

Originally Posted by Venator2 View Post
start with your old man..LOL

The try me
reading some of your posts in this forum, you either have a foot already in the grave or ready to be committed to a mental hospital. I can see your kids circling your piggy bank already.
Fieldmouse is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.