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Old 12-08-2018, 08:47 AM
 
Location: 500 miles from home
29,813 posts, read 16,506,677 times
Reputation: 22382

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Quote:
Originally Posted by jetgraphics View Post
The sun rose in the east, today.
It's all Trump's fault.
'Nuff said.
Trump spent a year taking credit for the stock market and crowing about how it made him great; NOW comes the time when he takes responsibility for the fall.

Oh wait. Trump never takes responsibility for anything.

Never mind.
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Old 12-08-2018, 09:39 AM
 
Location: Boston, MA
11,677 posts, read 8,268,260 times
Reputation: 5766
Quote:
Originally Posted by LordBalfor View Post
Nope, you are lying - or REALLY ignorant (you tell us which).

On Jan 20th 2009, when Obama came into office the DOW closed at: 7949.09 (over 1,000 points lower than you claimed. WHY did you lie about that? Not wanting Obama to look so good maybe?)

On Jan 19th 2017, Obama's last day in office, the DOW closed at 19,732.40 (Nearly 2,000 points higher than you claimed. WHY did you lie about that? You shorted Obama by nearly another 2,000 points - and gave them to Trump when he wasn't even in office.) So in total you "stole" nearly 3,000 points from Obama's numbers and "gave" nearly 2,000 of them to Trump. How dishonest is that?

So NO Trump has NOT equaled Obama's term "in less than two years".
Not even close.

You folks are just like your orange-headed god. You couldn't tell the truth if your life depended on it.

Here are the actual daily DOW numbers from 2009 - today:

https://www.investing.com/indices/us-30-historical-data

Ken
Nope, I just meant to say Election Day to Election Day, which is when markets react to who is going to be in office.

Nov 4, 2008 DJI: 9,625
Nov 8, 2016 DJI: 18,332

You should really calm down Ken. The spittle from your unhinged Obama defense came out of my computer monitor.
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Old 12-08-2018, 09:44 AM
 
Location: Boston, MA
11,677 posts, read 8,268,260 times
Reputation: 5766
Quote:
Originally Posted by LordBalfor View Post
It's either ignorance or dishonesty - or both.
What's hilarious is that they don't seem to understand that those types of "facts" are easily checked.

And don't even get me started on the PERCENTAGE gain comparison between the 2 presidents. Obama has cleaned Trump's clock in that regard.

Ken
What policies did Obama enact to make the markets go up?
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Old 12-08-2018, 09:51 AM
 
Location: SE Arizona - FINALLY! :D
19,868 posts, read 22,740,633 times
Reputation: 7167
Quote:
Originally Posted by Mr. Joshua View Post
What policies did Obama enact to make the markets go up?
What policies did Trump enact to make the markets go up (before he was even in office)?

Ken
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Old 12-08-2018, 10:27 AM
 
11,327 posts, read 5,934,543 times
Reputation: 3549
Quote:
Originally Posted by Mr. Joshua View Post
What policies did Obama enact to make the markets go up?
Quote:
Originally Posted by LordBalfor View Post
What policies did Trump enact to make the markets go up (before he was even in office)?

Ken
The answer to both these questions is the same.

This is a ridiculous non-stop game of "my team is better" when both teams are more similar than they are different.
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Old 12-08-2018, 11:44 AM
 
12,362 posts, read 3,169,656 times
Reputation: 1530
Quote:
Originally Posted by WaldoKitty View Post
Funny how they miss the point that the market has risen to historic highs under the Trump economy. How all records have been broken, and like roaches when the lights are turned out, show up on a routine dip.
Funny how you describe "the point" the way you do, further demonstrating who tends to miss the point in general, but there's not a whole lot can be done about misperception in these regards, regardless what real the truth of these matters may be...
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Old 12-08-2018, 11:50 AM
 
12,362 posts, read 3,169,656 times
Reputation: 1530
Quote:
Originally Posted by WaldoKitty View Post
She admitted to it in her book. Got anything else to say that isn't correct?
Drinking in Washington DC? Shocking!

PS: If we're going to make an effort to be correct, Hillary Clinton has never admitted to being an alcoholic, and there isn't any real evidence to suggest any such thing. Not everyone who has a drink or even drinks too much on an occasion is an alcoholic. Again, you and everyone else should be ashamed of pushing falsehoods and misrepresentations of the truth REGARDLESS THE FACT OTHERS DO TOO!
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Old 12-08-2018, 11:54 AM
 
12,362 posts, read 3,169,656 times
Reputation: 1530
Quote:
Originally Posted by evilcart View Post
cool story...

Yet Obama gave us the first 7 years of the 8 year bull.... i would have said 9 but this year has really not worked out as a growth year.


i have been investing for decades .... YOU/ME have never seen a bull run go this long and frankly Trump has duck all to do with it. All he did was juice it with a massive tax scam....

I am sure you will stick your head in the sand like most Trumpy folk do, but the reality is many Trumpy folk were too afraid to fully invest under Obama and because of that they lost out on the easy money.....


We have thread after thread where this has been fully explained to you guys, but clearly trumpy folk are more comfortable with made up fantasies . Claiming Trump gave us the bull, is bs. It was Obama who put in place the policies that created massive growth in asset valuations.... Trump like a dumb butthead juiced it with his stupid tax scam.... That is now coming back to bite him, he knows it, you likely know it too....
Very tired of seeing the repetition you describe in so many of these threads, the futility of explaining what you are trying to explain yet again. So it's nice to simply see others like you trying instead of me. Perhaps to save me the time and key strokes that never seem to make a bit of difference anyway...

Also amazing to see are all the comments by so many people expressing irreconcilable differences of opinion with an apparent complete lack of understanding why these differences are irreconcilable!
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Old 12-08-2018, 12:00 PM
 
12,362 posts, read 3,169,656 times
Reputation: 1530
Quote:
Originally Posted by ColoradoOnMyMind View Post
This is very ignorant, Obama’s last year was 1.6% annual growth, far from “strong”
"Everything is relative."

If you are called in as a pitcher when your team is down by a lot of points, and if you bring the score around to a tie or maybe even help your team get the upper hand, that's considered a "strong" performance.

If you are called in as a pitcher when your team is up and all you really need to do is keep from losing the game that is for the most part your's to win, and then if the game begins to go south on you, you're likely to be called off the mound and with good reason.

If you don't understand how this analogy applies to Obama and/or Trump, then no doubt your bias is preventing you from seeing things honestly and objectively.
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Old 12-08-2018, 12:09 PM
 
12,362 posts, read 3,169,656 times
Reputation: 1530
Quote:
Originally Posted by blktoptrvl View Post
At this point in his presidency, the Obama stock market (DJIA) was up ~140%
At the same point in his presidency, Trump's stock market (DJIA) is up ~123%

If you look at the NASDAQ Obama has an even better record.

~179% (Obama) v. 125% (Trump)

And that includes part of the horrendous dip it had taken because of the previous republican president's crater. I think Trump fans should stop beating that dead horse.
Using the stock market as a report card for any POTUS is something like using the oil check dip stick to evaluate the condition of a car. Too simplistic, misleading and altogether ignorant of all the moving pieces that actually cause market swings and economic ups and downs.

That said, it isn't that hard to see how a POTUS can either be helping or hurting the broader picture for economic growth both here and abroad. Trump has either been misdirecting, stagnating or undermining all he COULD be doing to foster greater prosperity for all concerned, to whatever extent we can credit a sitting president for the likes given all "the rest of the story."
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