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Old 05-15-2019, 07:06 AM
 
12,772 posts, read 7,982,264 times
Reputation: 4332

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Quote:
Originally Posted by r small View Post
Comparing the stock market performance during different presidential administrations while ignoring the economic circumstances at the time is a pointless exercise--unless you're trying to deceive and mislead gullible people. But you wouldn't be doing that, would you?
Yup! Everyone here seems to buy hook, line, and sinker into this nonsense. Correlation isn't causation in this case. Any given POTUS has a very small impact the long term performance of the market. SO many other things like entrepreneurs, innovators, management, corporations, weather, world events, supply of natural resources, consumers, and natural market cycles play a MUCH larger part.

 
Old 05-15-2019, 07:09 AM
 
34,619 posts, read 21,631,426 times
Reputation: 22232
Quote:
Originally Posted by t206 View Post
Yup! Everyone here seems to buy hook, line, and sinker into this nonsense. Correlation isn't causation in this case. Any given POTUS has a very small impact the long term performance of the market. SO many other things like entrepreneurs, innovators, management, corporations, weather, world events, supply of natural resources, consumers, and natural market cycles play a MUCH larger part.
Taxes, regulations and benefits costs have a significant impact on businesses.
 
Old 05-15-2019, 07:17 AM
 
Location: New Jersey
16,911 posts, read 10,598,766 times
Reputation: 16439
DOW rebounding quickly. Not even gloom and doom “trade war” rabble rousing from the media can stop the Trump Train.
 
Old 05-15-2019, 07:29 AM
 
12,772 posts, read 7,982,264 times
Reputation: 4332
Quote:
Originally Posted by PedroMartinez View Post
Taxes, regulations and benefits costs have a significant impact on businesses.
Taxes, which originate from the House (see, not the POTUS, although he gets to eventually sign or veto) have an impact, sure. All of these idiots who say "Oh POTUS X owns an X% increase in the market" say that, meanwhile that POTUS could have signed a bill that was implemented a few months before the end of their term, and the results could take months or years to manifest.

Its the game of a simpleton to try and correlate long term market performance to that of a sitting POTUS. SO many other factors, plus the timing involved that its laughable to even try.
 
Old 05-15-2019, 07:34 AM
 
Location: alexandria, VA
16,352 posts, read 8,101,791 times
Reputation: 9726
Quote:
Originally Posted by MJJersey View Post
DOW rebounding quickly. Not even gloom and doom “trade war” rabble rousing from the media can stop the Trump Train.
The markets just opened two minutes ago and the Dow is down 160 points.
 
Old 05-15-2019, 07:42 AM
 
20,955 posts, read 8,682,105 times
Reputation: 14050
Here is another accomplishment of the Magic Man. The only guy who can lose money time and time again on Casinos. The guy who turns actual money into debt. The man who turns a stock market boom into a bust!

Now his flagship Miami property is declining...while other properties are doing great.

https://www.washingtonpost.com/polit...=.41e626c122c7

"Late last year, in a Miami conference room, a consultant for President Trump’s company said business at his prized 643-room Doral resort was in sharp decline."

As I have said many a time, you truly have to try hard to turn as much Gold to Poop as the POTUS and his family. They are business wreckers....and now nation wreckers. Yet some think this is "success"....

After all in the best economy EVER, a top notch resort should be doing better, right?
 
Old 05-15-2019, 07:57 AM
 
45,676 posts, read 24,030,238 times
Reputation: 15559
Quote:
Originally Posted by craigiri View Post
Here is another accomplishment of the Magic Man. The only guy who can lose money time and time again on Casinos. The guy who turns actual money into debt. The man who turns a stock market boom into a bust!

Now his flagship Miami property is declining...while other properties are doing great.

https://www.washingtonpost.com/polit...=.41e626c122c7

"Late last year, in a Miami conference room, a consultant for President Trump’s company said business at his prized 643-room Doral resort was in sharp decline."

As I have said many a time, you truly have to try hard to turn as much Gold to Poop as the POTUS and his family. They are business wreckers....and now nation wreckers. Yet some think this is "success"....

After all in the best economy EVER, a top notch resort should be doing better, right?
Golf resorts are a Trump staple and golf is a struggling business. His UK golf resorts have yet to turn a profit.

BUT having said that, I suspect Trump doesn't mind if they lose a little if the other not so 'interesting' to him projects do well.
 
Old 05-15-2019, 02:52 PM
 
20,955 posts, read 8,682,105 times
Reputation: 14050
Quote:
Originally Posted by moneill View Post
Golf resorts are a Trump staple and golf is a struggling business. His UK golf resorts have yet to turn a profit.

BUT having said that, I suspect Trump doesn't mind if they lose a little if the other not so 'interesting' to him projects do well.
Given as his lifetime ROI sucks, I'd wonder why he want to continue the same?

Even if one is only playing the game for the game (let's face it, he never had to work a day in his life), they'd still want to claim they beat the market...or T-Bills....or other investors.

He's usually in the wrong place at the wrong time. Kushner too - who bought a White Elephant in NYC that broke him (except for being bailed out recently by foreigners)....just before the Great Recession.

Now Trump invests in Golf....just at the time it becomes evident that people don't want Golf as much anymore. What's next? Will he invest in NASCAR?
 
Old 05-15-2019, 03:52 PM
 
5,717 posts, read 3,148,043 times
Reputation: 7374
Quote:
Originally Posted by r small View Post
The markets just opened two minutes ago and the Dow is down 160 points.
The market closed at +116. Looks like the leftist celebration was cut short.
 
Old 05-15-2019, 03:58 PM
 
Location: USA
18,499 posts, read 9,167,872 times
Reputation: 8530
Quote:
Originally Posted by craigiri View Post
Given as his lifetime ROI sucks, I'd wonder why he want to continue the same?

Even if one is only playing the game for the game (let's face it, he never had to work a day in his life), they'd still want to claim they beat the market...or T-Bills....or other investors.

He's usually in the wrong place at the wrong time. Kushner too - who bought a White Elephant in NYC that broke him (except for being bailed out recently by foreigners)....just before the Great Recession.

Now Trump invests in Golf....just at the time it becomes evident that people don't want Golf as much anymore. What's next? Will he invest in NASCAR?
Maybe he’ll invest in Harley-Davidson?
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