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And no such thing occurred. What did occur was a period of caution and moderation not unlike those that typically precede Presidential elections, followed by returns to normalcy once that large source of of uncertainty was removed. As noted above, market behavior was well within the norms of expectation.
And no such thing occurred. What did occur was a period of caution and moderation not unlike those that typically precede Presidential elections, followed by returns to normalcy once that large source of of uncertainty was removed. As noted above, market behavior was well within the norms of expectation.
The upward spike following Trump's election was the fifth largest in history. The downward spike following Obama's first election was the largest in history. The market also spiked downward following Obama's re-election, but not as dramatically as the previous time.
Like you said, once the uncertainty was removed, the markets behaved as expected, based on who was elected.
Funny, meaning that you find it entertaining, or funny, meaning that you don't believe it?
Funny meaning that it is beyond hilarious that anyone at all would attempt to construe the asset market collapses of 2008 as having been reaction to the election of Barack Obama.
The upward spike following Trump's election was the fifth largest in history. The downward spike following Obama's first election was the largest in history. The market also spiked downward following Obama's re-election, but not as dramatically as the previous time.
Like you said, once the uncertainty was removed, the markets behaved as expected, based on who was elected.
Posting to him is like posting to the man in the Monty Python Argument Clinic Sketch, LOL!
Germany and Japan both announced just after the election that they had entered recessions. There was a lot of volatility that fall. Stocks were rising and falling on TARP leaks. Will it pass or not? Would they buy mortgage securities at full value off of the banks? Then they wouldn't. Then they had to borrow an insane amount of money at once to fund TARP to inject funds into the banks which probably caused the market to dump as well. And now, interest rates are still lower than during the crisis.
Last edited by lchoro; 04-28-2017 at 08:32 AM..
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