Worst President's First 100 Days in History

#151
#151
golfballs said:
I have a hard time keeping a straight face reading your shill posts.

http://www.usatoday.com/story/money/2017/03/28/consumer-confidence-leaps-new-16-year-high/99706132/



Yeah, the president and the new administration policies don't have any effect on how people view the economy. Just a coincidence, or perhaps if we didn't have a russian operative in the White House they'd be even higher? :crazy:

Of course you still believe polls coming from outfits whose numbers suggested Hillary would have a 98% change of winning the election. I know they fit your agenda, but perhaps, they're wrong?
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It's interesting how the same-party POTUS has little affect over the economy when it is tanking and everything to do with the economy when it is soaring despite being in office 2 months. Similarly, it's also interesting how the opposite-party POTUS has quite the affect over the economy when it is tanking and nothing to do with the economy when it is soaring.

Funny how that works.
 
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#152
#152
114VOL said:
You people??? You're one of those conservatives that believes everyone that disagrees with you espouses the opposite extreme opinion and all believe the same things. You must believe it in order to post something so remarkably stupid. I haven't done any of the things you are describing. I stated a truth. It's apparent you're all about sides. My side is America. I have as much disdain for Pelosi and Reid as I do people like Cruz and SEssions. I have no use for the fringes or those like you who take the actions of the fringes and try to apply them to everyone that doesn't share your far right, narrow minded ideology.
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I'm not a conservative.

And fringe? Dude I'm in the center on almost everything. Just can't stand the limp wrist liberal left.
 
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#153
#153
Septic said:
Are you aware that the CCI is a lagging indicator? The honeymoon is over and you're not bright enough to realize it.
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Why do you consider it a lagging indicator?

Consumer confidence, measured by the Consumer Confidence Index (CCI), is defined as the degree of optimism on the state of the economy that consumers (like you and me) are expressing through their activities of saving and spending. The CCI is prepared by the Conference Board and was first calculated in 1985. In that year, the result of the index was arbitrarily set to 100, representing the index's benchmark. This value is adjusted monthly based on results of a household survey of consumers' opinions on current conditions and future economic expectations. Opinions on current conditions make up 40% of the index, with expectations of future conditions comprising the remaining 60%.

Read more: Understanding The Consumer Confidence Index | Investopedia http://www.investopedia.com/articles/05/010604.asp#ixzz4ceS43W2A
Follow us: Investopedia on Facebook
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In the glossary on its website, the Conference Board defines the Consumer Confidence Survey as "a monthly report detailing consumer attitudes and buying intentions, with data available by age, income and region." In the most simplistic terms, when their confidence is trending up, consumers spend money, indicating a healthy economy. When confidence is trending down, consumers are saving more than they are spending, indicating the economy is in trouble. The idea is that the more confident people feel about the stability of their incomes, the more likely they are to make purchases.

Read more: Understanding The Consumer Confidence Index | Investopedia http://www.investopedia.com/articles/05/010604.asp#ixzz4ceSLXONb
Follow us: Investopedia on Facebook
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It certainly is based in expectations of what will happen rather than accounting for what has already happened.
 
#154
#154
volinbham said:
Why do you consider it a lagging indicator?
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From the same article you just cited just prior to the conclusion:

Lagging Perspective
The next time you hear the results from the latest Consumer Confidence Survey, keep in mind that economists view consumer confidence as a lagging indicator, which responds only after the overall economy has already changed. The explanation for this delayed CCI reaction is that it takes time for consumers to recover from and respond to economic events. The importance of a lagging indicator is that it confirms that a pattern is occurring. So, an increase in spending today may reflect the results of an economy that recovered a few months ago. Conversely, a decrease in spending today may confirm an ongoing recession.

Read more: Understanding The Consumer Confidence Index | Investopedia http://www.investopedia.com/articles/05/010604.asp#ixzz4ceThUHNG
Follow us: Investopedia on Facebook
 
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#155
#155
FLVOL_79 said:
I'm not a conservative.

And fringe? Dude I'm in the center on almost everything. Just can't stand the limp wrist liberal left.
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Neither can I but I also detest the narrow minded, far right yahoo just as much

Your post was made with a huge broad brush
 
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#156
#156
Septic said:
From the same article you just cited just prior to the conclusion:

Lagging Perspective
The next time you hear the results from the latest Consumer Confidence Survey, keep in mind that economists view consumer confidence as a lagging indicator, which responds only after the overall economy has already changed. The explanation for this delayed CCI reaction is that it takes time for consumers to recover from and respond to economic events. The importance of a lagging indicator is that it confirms that a pattern is occurring. So, an increase in spending today may reflect the results of an economy that recovered a few months ago. Conversely, a decrease in spending today may confirm an ongoing recession.

Read more: Understanding The Consumer Confidence Index | Investopedia http://www.investopedia.com/articles/05/010604.asp#ixzz4ceThUHNG
Follow us: Investopedia on Facebook
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At best it is a short term lagging indicator. Based on the above the upward trend would suggest that confidence has increased over the last few months (let's see, November, December, January, February, March).

I think it's safe to say that both the market and CCI reflect optimism since November.

Did Trump do anything yet? Not really but it does show that the priorities of the POTUS do signal the market and the last POTUS certainly was a wet blanket for economic growth. We'll just have to wait and see if the optimism pans out
 
#158
#158
Septic said:
I'm not sure how you could, with a straight face, tie consumer confidence with Trump. Perhaps in spite of him?

The Dow is on an 11 day slide and Trumps approval ratings are at a low that would make Nixon blush.

If you thought you could pee on legs and convince rational people it was raining then you're in the wrong place.
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http://www.cnbc.com/2017/03/28/us-markets.html
 
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#160
#160
Septic said:
If only you could bottle and sell all the confidence in trump right now.

I'm sure his resounding victories in things like immigration reform and the repeal of obamacare will foster and inspire continued support.
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Hmm... Approval rating as correlation? I guess that would be reasonable if this was a grade school popularity contest..


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And its not confidence in Trump, its there is not a democrat in office who ran as anti business and anti wealth.
 
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#161
#161
FLVOL_79 said:
Hmm... Approval rating as correlation? I guess that would be reasonable if this was a grade school popularity contest..



And its not confidence in Trump, its there is not a democrat in office who ran as anti business and anti wealth.
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My comments were made in response to this:

golfballs said:
Consumer confidence numbers just released.

Expected 114, actual 126

Conference Board: "Consumer confidence increased sharply in March to its highest level since December 2000"

Consumers have an unusually high level of confidence in a Russian pawn
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Either keep up with the conversation or stifle yourself.
 
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#169
#169
#170
#170
OuterBanksVol said:
- Consumer confidence at a new high since 2008 This is largely the fruits of the last administration. Don't forget that Obama took over during the Great Recession.
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So when the economy sucks under Obama, it's not his fault he got a raw deal. But when things start to pick up outside of his term, it's because Obama was awesome. Got it
 
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#172
#172
By any standard, Trump's poll numbers are in the crapper. For the first 100 days, he is at a historical low:

Real Clear Politics Average: 39.8% Approve 53.3% Disapprove
Quinnipiac: 35% Approve 57% Disapprove
Gallup: 39% Approve 55% Disapprove
Rasmussen: 43% Approve 57% Disapprove
Economist: 45% Approve 50% Disapprove
Reuters: 44% Approve 49% Disapprove
McClatchy: 38% Approve 51% Disapprove
CBS News: 40% Approve 52% Disapprove

He dropped like a rock in every one of these in March - beginning with his infamous Twitter storm on Saturday morning March 4th... and Rasmussen has been very fair with him even during the Republican primary.
 
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#173
#173
BowlBrother85 said:
By any standard, Trump's poll numbers are in the crapper. For the first 100 days, he is at a historical low:

Real Clear Politics Average: 39.8% Approve 53.3% Disapprove
Quinnipiac: 35% Approve 57% Disapprove
Gallup: 39% Approve 55% Disapprove
Rasmussen: 43% Approve 57% Disapprove
Economist: 45% Approve 50% Disapprove
Reuters: 44% Approve 49% Disapprove
McClatchy: 38% Approve 51% Disapprove
CBS News: 40% Approve 52% Disapprove

He dropped like a rock in every one of these in March - beginning with his infamous Twitter storm on Saturday morning March 4th... and Rasmussen has been very fair with him even during the Republican primary.
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http://www.cnbc.com/2017/04/05/private-payrolls-grew-263k-in-march-vs--185k-est-:-adp.html

Folks were at work for the first time in 8 years. Couldn't answer the phone.
 
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#174
#174
#175
#175
BowlBrother85 said:
Wouldn't they have access to the internet? As Nate Silver has pointed out, Rasmussen is an online survey which has been cited by Trump in the past because it is usually much more in his favor than other polls. That is no longer the case.
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Folks with gainful employment don't surf the net looking for presidential approval polls. That's theft sir.
 
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