1. #2811
    IT Manager 10,000+ Posts bsm2's Avatar
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    Re: Just how Crazy is Donald Trump!

    For Trump, who has spent the last 3.5 years talking about the stock market, the Dow is now 382 points higher than it was the day he took office.

  2. #2812
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    Re: Just how Crazy is Donald Trump!


  3. #2813
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    Re: Just how Crazy is Donald Trump!


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    Re: Just how Crazy is Donald Trump!

    Trump Plaza is a hazard and needs to be torn down, Atlantic City tells the courts

    Once one of Atlantic City’s iconic hotels, the Trump Plaza tower could very well be going away in 2020.


    Officials in Atlantic City announced they would be filing an injunction in Superior Court Thursday afternoon to demolish a tower at Trump Plaza after an inspection deemed the building an “imminent hazard.”


    Atlantic City Director of Licensing and Inspections for Dale Finch said he received a call around 11 a.m. Sunday from Atlantic City Mayor Marty Small Sr. and his chief of staff Ernest Coursey about panels that had fallen from an area at least 15 stories high from the building and had left debris on the ground. After discussions and inspection with city construction official Anthony Cox, the property was declared an imminent hazard.

  5. #2815
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    Just how Crazy is Donald Trump!

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    Re: Just how Crazy is Donald Trump!

    Quote Originally Posted by bsm2 View Post
    Trump Plaza is a hazard and needs to be torn down, Atlantic City tells the courts

    Once one of Atlantic City’s iconic hotels, the Trump Plaza tower could very well be going away in 2020.


    Officials in Atlantic City announced they would be filing an injunction in Superior Court Thursday afternoon to demolish a tower at Trump Plaza after an inspection deemed the building an “imminent hazard.”


    Atlantic City Director of Licensing and Inspections for Dale Finch said he received a call around 11 a.m. Sunday from Atlantic City Mayor Marty Small Sr. and his chief of staff Ernest Coursey about panels that had fallen from an area at least 15 stories high from the building and had left debris on the ground. After discussions and inspection with city construction official Anthony Cox, the property was declared an imminent hazard.
    I do not think that Trump Resorts owns this facility anymore and actually sued to have their name removed from the facility.

    Trump Plaza Hotel and Casino - Wikipedia

    Billionaire investor Carl Icahn bought the land the building sits on in Dec 2018 and terminated all leases.

  6. #2816
    IT Manager 10,000+ Posts bsm2's Avatar
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    Re: Just how Crazy is Donald Trump!


  7. #2817
    IT Manager 10,000+ Posts bsm2's Avatar
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    Re: Just how Crazy is Donald Trump!

    The Dow has officially erased all gains minted during the Trump presidency
    The Dow Jones industrial average on Wednesday plunged below its closing level at President Trump's inauguration, effectively wiping out all gains made during his presidency.
    It fell to 19,727.33 around 12:30 p.m. ET as Trump's coronavirus task force delivered an address. That was below the Dow's close at 19,732.40 on January 19, 2017, the day before Trump's inauguration.

  8. #2818
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    Just how Crazy is Donald Trump!


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    Re: Just how Crazy is Donald Trump!

    Quote Originally Posted by bsm2 View Post
    The Dow has officially erased all gains minted during the Trump presidency
    The Dow Jones industrial average on Wednesday plunged below its closing level at President Trump's inauguration, effectively wiping out all gains made during his presidency.
    It fell to 19,727.33 around 12:30 p.m. ET as Trump's coronavirus task force delivered an address. That was below the Dow's close at 19,732.40 on January 19, 2017, the day before Trump's inauguration.
    This is mainly because of people who do not know what they are doing trading stocks.These people are throwing their money away. You are supposed to Buy Low and Sell High. Yes there are certain stocks that have been hurt by this virus.People are selling low,now they lost their money,they have no stock. Once this virus clears up the market is going to go back up and the professional traders are going to make a killing.The stocks are going to go up eventually and the lower they get that means you can buy them at a great discount from their normal price.

  9. #2819
    Service Manager 5,000+ Posts
    Just how Crazy is Donald Trump!

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    Re: Just how Crazy is Donald Trump!

    Quote Originally Posted by Hansen88 View Post
    This is mainly because of people who do not know what they are doing trading stocks.These people are throwing their money away. You are supposed to Buy Low and Sell High. Yes there are certain stocks that have been hurt by this virus.People are selling low,now they lost their money,they have no stock. Once this virus clears up the market is going to go back up and the professional traders are going to make a killing.The stocks are going to go up eventually and the lower they get that means you can buy them at a great discount from their normal price.
    Most consumers have been forced out of the financial markets years ago. At best they make up a few fractions of a % in terms of the wealth that is traded. This is what is known as "Mom and Pop" retail trading.

    Most consumers now only participate in the financial markets via mutual funds and Exchange traded funds (ETFs) and are not active in day to day trading.

    The large stock market swings are being executed by automatic trading programs controlling billions of dollars that can move money in a split second.

    To be sure, today, no one knows where the bottom of the market is.

    I once made $10,000 in a day and lost $60,000 in a day and had to worry every day about margin calls. I left that life long ago.

  10. #2820
    IT Manager 10,000+ Posts bsm2's Avatar
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    Re: Just how Crazy is Donald Trump!

    Poll: Americans Don't Trust What They're Hearing From Trump On Coronavirus
    Americans have little trust in the information they are hearing from President Trump about the novel coronavirus, and their confidence in the federal government's response to it is declining sharply, according to a new NPR/PBS NewsHour/Marist poll.


    Just 46% of Americans now say the federal government is doing enough to prevent the spread of the coronavirus, down from 61% in February.


    Just 37% of Americans now say they had a good amount or a great deal of trust in what they're hearing from the president, while 60% say they had not very much or no trust at all in what he's saying.

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