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It is a little problematic when you've been President for 7 years and the stock market takes a huge nosedive of 50% and the economy goes into recession just when you're about to leave.
You've got to own it. People are going to be right to think that the President could have enacted policies to prevent this from happening and becoming as bad as it did. Whatever his policies were during all those years certainly didn't help.
To be fair very few in either party were advocating regulating the derivative market place prior to the crash. Even now, members of both parties are advocating for removing (to vaying degrees) the reforms implemented after the crash.
Markets been pretty good this year. I'm under-performing the SPY as of the end of July by 1% which is within striking range for my dividend favored portfolio but I'd like to be beating it like everyone else of course. I manage my own investments and wonder if anyone else here is a self-directed trader? Curious if any investors here conduct their trading inside an LLC or other entity?
I voted for Trump. I'll probably vote the party line in the next election. I am open minded and always understand and accept my family and friends that voted the other direction but sadly I find the left voters less tolerant of others. Makes me miss Bill Clinton a little. I have a few 20ish family members unfortunately that seem unable accept that anyone would not think want to live and breathe they way they do. Of course I remember when I was 20 and knew it all so I just try to relax, talk less and listen lol
Having been invested in the market since Clinton's first year in 1993 things do tend to balance out over the long term.
I will say this though that my best returns on a individual year basis have been under Democratic administrations.
For a so called "Socialist" President Obama sure made me prosperous!
The stock market dropped 777 points on September 29, 2008, it was free fall before and after that date. It had nothing to do with the election, Reagan or Roosevelt could have been elected and it would not matter. I see your partisanship obscures the facts, but look at it this way, we had the largest 8 year run up in history under Obama.
True, and another good example of how so many Americans can't "connect the dots" when it comes to cause/effect related to politics and/or economics...
At a minimum, simply understanding how long it takes for changes in policy to actually become law and then take effect, also understanding all the other factors that affect the performance of the stock market, most certainly including foreign markets, currency rates, global affairs...
We are all hard pressed to know all the reasons the markets move up and/or down, even harder pressed to foretell what will happen next, yet..., there are so many people who think they know better, they become a force of ignorance and unpredictability to add to the mix as well!
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