Stock market

Bob_C

Ts and Ps to those who got killed on overnight stock market futures bets.

doogie

why do you hate Online Trading Academy, where unemployed boomers learn to day trade away their home equity and 401(k)?

Sledog

Market up, bonds up. Terrible!

2001400ex

Bob_C said:

Ts and Ps to those who got killed on overnight stock market futures bets.

Actually, if you took a futures bet, you will probably do fairly well. HTH

MisterEm

2001400ex said:

Bob_C said:

Ts and Ps to those who got killed on overnight stock market futures bets.

Actually, if you took a futures bet, you will probably do fairly well. HTH

Clearly, you weren't watching the money change hands last night.

UWhuskytskeet

Geo Group the private-prison company is up 21% today.

CuntWaffle

UWhuskytskeet said:

Geo Group the private-prison company is up 21% today.

And?

UWhuskytskeet

CuntWaffle said:

UWhuskytskeet said:

Geo Group the private-prison company is up 21% today.

And?

Is this not the topic of discussing the stock market? A 20% increase is pretty note worthy.

greenblood

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

UWhuskytskeet

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

greenblood

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

American goods in large part are already being charged tariffs. I don't believe they reciprocate the free trade we give them.

The tax rate is being challenged by the EU and Apple may be forced to pay 14.3 billion in back taxes.

Since Ireland is part of the EU, it's being challenged by the EU that it didn't have the authority to give Apple the tax break, so now the EU is wanting to not only raise the tax but retroactively charge Apple what they should have paid.

This is a perfect example of why the UK is leaving the EU.

http://www.nytimes.com/2016/11/10/technology/ireland-apple-tax-vestager.html

UWhuskytskeet

greenblood said:

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

American goods in large part are already being charged tariffs. I don't believe they reciprocate the free trade we give them.

The tax rate is being challenged by the EU and Apple may be forced to pay 14.3 billion in back taxes.

Since Ireland is part of the EU, it's being challenged by the EU that it didn't have the authority to give Apple the tax break, so now the EU is wanting to not only raise the tax but retroactively charge Apple what they should have paid.

This is a perfect example of why the UK is leaving the EU.

http://www.nytimes.com/2016/11/10/technology/ireland-apple-tax-vestager.html

According to the Reciprocal Tariff Act of 1934 it should be reciprocated.

Trump's tariff policy was the number one reason I didn't vote for him. It's like the Smoot–Hawley Tariff all over again, and a reason why economists refused to endorse him.

That liberal rag Wall Street Journal agrees with me btw.

RaceBannon

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

14.5 billion dollar EU tax bill

RaceBannon

We can have free trade as long as it is fair trade and not negotiated by retards taking cash payments to fuck America

That is the Trump platform

greenblood

RaceBannon said:

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

14.5 billion dollar EU tax bill

Stop plagarism my shit fucko

UWhuskytskeet

RaceBannon said:

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

14.5 billion dollar EU tax bill

So they will pay $20B to the US in order to avoid paying $14.5B in the EU?

greenblood

UWhuskytskeet said:

RaceBannon said:

UWhuskytskeet said:

greenblood said:

It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.

Asian markets however won't recover as easily considering their cheap exports are about to get taxed.

I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.

Why would Apple bring the money back when Ireland taxes them less than 1%?

Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.

14.5 billion dollar EU tax bill

So they will pay $20B to the US in order to avoid paying $14.5B in the EU?

200 billion isn't all in Ireland. The 14.5b is on a smaller number. Trump's corporate tax rate is lower than the EU's... so yes.

Bob_C

My chipotle stock is up 6% today. Most likely it has to do with immigration policy reform somehow. Or Taco bowl sales forecast, can't decide.

doogsinparadise

UWhuskytskeet said:

Geo Group the private-prison company is up 21% today.

The GOP loves to capitalize on misery. Private prisons should be unconstitutional.

Bob_C

doogsinparadise said:

UWhuskytskeet said:

Geo Group the private-prison company is up 21% today.

The GOP loves to capitalize on misery. Private prisons should be unconstitutional.

Yeah, we need more inefficiently run government services.

UWhuskytskeet

Bob_C said:

doogsinparadise said:

UWhuskytskeet said:

Geo Group the private-prison company is up 21% today.

The GOP loves to capitalize on misery. Private prisons should be unconstitutional.

Yeah, we need more inefficiently run government services.

Yeah we need private incentive to create crime. Or is it just a coincidence that prisoners leaving private prisons are more likely to re-offend?