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Independents can't vote in Florida primaries at all, so I could not vote either. The fact remains that the Republican voters picked Trump out of 13 more qualified and more conservative candidates and less than 2 years into it, and things are going south already. Cost of living is up 14%, stock market is tanking....
I am sure Trump will be taking the credit for that any day now.
"A month ago" ISN'T TODAY - as you claimed.
What's the matter, can't keep you own posts straight?
Or are you simply choosing to ignore what you wrote so you can cherry pick some long-lost gains?
But you are right - close to 40% in less than 2 year is YUGE. Too bad Trump couldn't sustain it the way Obama did.
Ken
Come on man, neither of these idiots do anything to "sustain" or otherwise. At best maybe they contribute 1-2% to overall market performance. You think Facebook having all kinds of political issues and incredibly inept management doesn't have a TON more to do with their decline than some stupid garbage that Trump shoots his mouth off about? They are a huge part of many indexes and funds, plenty more eamples like them. Id be willing to bet this is more of an overheated tech sector imploding than anything that Trump did.
What part of this that you simply don't get? Democrats get elected to control house. This means Mad Maxine, Pocahontas, Pelosi, Jim Clyburn, and the socialist O-C. Markets are spooked by those spectres. Anyone with any sense would be.
What part of this that you simply don't get? Democrats get elected to control house. This means Mad Maxine, Pocahontas, Pelosi, Jim Clyburn, and the socialist O-C. Markets are spooked by those spectres. Anyone with any sense would be
And that means what exactly?
What is your point?
You DO understand that the market crash began BEFORE the election - back shortly after Trump predicted a "Red Wave"
If the stock market ends up performing poorly under President Donald Trump, it might not be his fault. It’s just that he is a Republican.
A striking feature of the U.S. stock market is that it persistently does better under Democratic presidents than Republican ones. In a 2003 paper, Pedro Santa-Clara and Rossen Valkanov found that regardless of how they sliced the data, returns were substantially better for Democrats. Since then, with the poor returns under President George W. Bush and the strong returns under President Barack...
So, if the stock market is crashing lately for political reasons, maybe that's because the democrats didn't also win the senate.
Come on man, neither of these idiots do anything to "sustain" or otherwise. At best maybe they contribute 1-2% to overall market performance. You think Facebook having all kinds of political issues and incredibly inept management doesn't have a TON more to do with their decline than some stupid garbage that Trump shoots his mouth off about? They are a huge part of many indexes and funds, plenty more eamples like them. Id be willing to bet this is more of an overheated tech sector imploding than anything that Trump did.
I disagree. Policy drives lots of things.
If you think otherwise prove it.
The comments below have been all you've said. There isn't much of an explanation of why, aside maybe from the passing comment about Maxine Waters. You basically just said that the markets are tanking because of the democratic victories. And that's about it.
I'm still awaiting your explanation as to why there was a similar tumble back in February and March.
And last, but not least, the house is only 1/3 of the power in Washington. Republicans still control the other 2/3 (the senate and the presidency). As a result, democrats in the house will be unable to overturn any of Trump's legislation. The tax cuts and everything else will remain intact. Markets are smart enough to know that, too. So your blaming the democrats for the recent stock market tumble is nothing but desperation on your part.
They just don't want Trump to looking bad in any aspect, so of course blame all of life problems on the dems. So, this is the fault of the new house, and Obama gets no credit for the economy.
I disagree. Policy drives lots of things.
If you think otherwise prove it.
Ken
Sure, right after you prove that a president drives the market. Like I said, they probably contribute a small %, but to blindly lop ownership of the entire market, good or bad on any president is beyond ignorant.
Choose another index then. The broader S&P 500 (500 biggest publicly-traded companies in America) hasn't even matched the DOWs performance. It's up 23.47% - less than HALF of what you claimed. There you go making up stuff AGAIN.
And yeah, 34% isnt bad over 2 years (17% a year). Too bad Obama had the market up 40% at this point. And yeah, Obama beat Trump on the S&P as well.
Apparently Trump can't match Obama.
No surprise there.
Ken
The markets could crash tomorrow, and they will still not fault the president.
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