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Futures Fall as Travel Ban, Weak GDP Numbers Add to Fears

hank
edited January 2017 in Off-Topic
(Glad I lightened up a bit last week.)

Main Article: http://www.reuters.com/article/us-global-markets-idUSKBN15D17N: Asian stock markets and U.S. stock futures retreated on Monday after President Donald Trump introduced immigration curbs that sparked criticism at home and abroad and added to global fears of increasingly unpredictable U.S. policies.

Also,

Tech Companies Recall Workers to U.S. https://www.washingtonpost.com/news/the-switch/wp/2017/01/28/silicon-valley-publicly-denounces-trumps-ban-on-muslim-refugees/?utm_term=.9573b1dcd4b1

Google Recalls Staff to U.S. https://www.bloomberg.com/news/articles/2017-01-28/google-recalls-some-staff-to-u-s-after-trump-immigration-order

Immigration Ban Sends Shockwaves Through Tech http://www.usatoday.com/story/tech/news/2017/01/28/google-ceo-speaks-out-against-trump-refugee-ban/97182748/

Immigration Order a Hurdle for LA 2024 Olympic Games Bid http://www.azcentral.com/story/sports/olympics/2017/01/29/president-donald-trump-impact-los-angeles-2024-summer-olympics-bid/97229770/

Comments

  • catch22catch22
    Perhaps the one key title line words = Immigration Ban Sends Shockwaves

    Sadly, perhaps now; the investing side will become impacted. A line of trust may have already been passed across.
  • DanHardy
    Media bias at its best.
  • JohnChisum
    The media has yet to discover that more and more people are switching them off in favor of the new media. They are not fooling most of the people this time.
  • davidrmorandavidrmoran
    Who are the new media? Faux and Breitbart? Whom do you advise watching and reading?
  • DanHardy
    davidrmoran said:

    Who are the new media? Faux and Breitbart? Whom do you advise watching and reading?

    Stop looking for people to tell you what to think. You need to learn to question what you are being told.
  • PopTartPopTart
    "War is peace. Freedom is slavery. Ignorance is strength." - George Orwell's 1984
  • davidrmorandavidrmoran
    @DH, so you don't know either. I will go reread pasha instead, k.
  • ron
    These market moves are nothing IMHO. No reason for me to make any changes.
  • JohnChisum
    Emotional investing never works out. Investors need to adapt rather than make knee jerk moves. In the long run, this is a blip on the chart.

    Same with news. Bloomberg might report that the Nikki is crashing. A quick trip to the charts says otherwise. News is filled with exaggeration to attract viewers.

    If you have index funds, then you are set. No need to worry.
  • hank
    edited March 2017



    Re: "If you have index funds, then you are set. No need to worry.".
    Want to buy a wall?:)
  • JohnChisum
    Making decisions based on valuation is not emotional. Making them based on political opposition is. The wall has a minute effect on the markets as a whole. My main point is to adapt and adjust. Defense and infrastructure stocks could be the winners here if President Trump succeeds. We shall see of course.
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