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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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    1. 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
      11 replies 42 retweets 64 likes
    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
      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.

      5:27 PM - 19 Jan 2018 from Urbana, IL
      • 3 Likes
      • bob hawkins Ghost Ship
      2 replies 0 retweets 3 likes
        1. 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
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        1. bob hawkins‏ @poozwah Jan 20
          Replying to @NGrossman81 @ReddishRabbit

          the stock market is speculation. speculation often results in disaster.

          0 replies 0 retweets 0 likes
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