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NGrossman81's profile
Nicholas Grossman
Nicholas Grossman
Nicholas Grossman
@NGrossman81

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Nicholas Grossman

@NGrossman81

International Relations prof at U. Illinois. Senior Editor @ArcDigi. Author “Drones and Terrorism.” Politics, national security, and occasional nerdery.

amazon.com/Drones-Terrori…
Joined April 2015

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    Nicholas Grossman‏ @NGrossman81 Jan 19

    Nicholas Grossman Retweeted Michael Johns

    DOW LAST YEAR Jan 27, 2017: 20093 Jan 18, 2018: 26071 Increase: 29.8% DOW BEFORE FINANCIAL CRISIS June 9, 2006: 10891 Oct 12, 2007 :14093 Increase: 29.4% Not saying a crash is coming--who knows?--just that rising markets might not be the "indisputable fact" you think they arehttps://twitter.com/michaeljohns/status/954461696667607041 …

    Nicholas Grossman added,

    Michael JohnsVerified account @michaeljohns
    #Markets don't add $6.9 trillion in value without sound confidence in our economy's leadership. @POTUS has America on the mend--and every economic metric reflects that's more than opinion. It's indisputable fact: https://www.cnbc.com/2018/01/18/stock-markets-value-under-trump-has-grown-by-6-point-9-trillion-to-30-point-6-trillion.html … #TeaParty #TrumpTrain #economy #jobs
    1:36 PM - 19 Jan 2018
    • 42 Retweets
    • 64 Likes
    • mj caswell Eddie Rich Matty Worldwide Scott Derrickson Kevin Matthews Hope Sherman Colleen Boykin Scott J. Warren Jeff Ralston 🥧🥧🍻
    11 replies 42 retweets 64 likes
      1. New conversation
      2. Ghost Ship‏ @ReddishRabbit Jan 19
        Replying to @NGrossman81

        Very true. Also they do not necessarily show the true economy, we have far better statics then this.pic.twitter.com/wl45Yqz0ph

        2 replies 0 retweets 1 like
      3. Nicholas Grossman‏ @NGrossman81 Jan 19
        Replying to @ReddishRabbit

        Absolutely. The stock market measures investor expectations of investor behavior. It's related to the economy--investor behavior is often, but not always, based partially on underlying fundamentals--but it's not a very accurate measure of the economy.

        2 replies 0 retweets 3 likes
      4. Ghost Ship‏ @ReddishRabbit Jan 19
        Replying to @NGrossman81

        And some of this run has to do with tax cut in that companies will be making their value go up by buy backs and dividends. I think it is an easy number for people to comprehend unlike much of econ

        0 replies 0 retweets 1 like
      5. End of conversation
      1. New conversation
      2. Robb On The Fritz‏ @robbfritz Jan 19
        Replying to @NGrossman81

        Irrational exuberance is the rule, not the exception to the rule, on Wall Street. It’s all a big party until the overwhelming evidence for overvaluation becomes insurmountable. Then boom.

        1 reply 0 retweets 3 likes
      3. Sam Stone‏ @gagagirltogo Jan 19
        Replying to @robbfritz @NGrossman81

        Tick tock

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Cindy morahan‏ @cindy_morahan Jan 19
        Replying to @NGrossman81

        You know its going to crash

        0 replies 0 retweets 1 like
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      1. Chris W J Roberts‏ @cwjroberts Jan 19
        Replying to @NGrossman81

        Valuation fallacy: leveraging up quickly, which is how "value" is unlocked as equity values rise, means deleveraging quickly at some point. That the next buyer adds $1 at the margin of the stock price does not mean there is now a market for ALL the stock at the highest price.

        0 replies 0 retweets 1 like
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      1. You’re Missing It!‏ @Royensrant Jan 21
        Replying to @NGrossman81

        As a former financial advisor this market is a suckers bet.

        0 replies 0 retweets 0 likes
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      1. bob hawkins‏ @poozwah Jan 20
        Replying to @NGrossman81

        the mend started 8 years before trump. when he leaves democrats will have to fix it again. remember bush! remember hoover! remember to never vote for snake oil salesmen again.

        0 replies 0 retweets 0 likes
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      1. Feroze Anwar‏ @FerozeTalk Jan 20
        Replying to @NGrossman81

        If only wishes were horses...

        0 replies 0 retweets 0 likes
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      1. Jasmine Ako‏ @PhotonMsM Jan 19
        Replying to @NGrossman81

        So true.

        0 replies 0 retweets 0 likes
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      1. Lucille Berger‏ @LucilleBerger14 Jan 19
        Replying to @NGrossman81

        Its all that dark money,

        0 replies 0 retweets 0 likes
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      1. Michael Kelley‏ @Lizzyjack Jan 19
        Replying to @NGrossman81

        2008 recession, DOW bottomed out at 6800

        0 replies 0 retweets 0 likes
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