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Trump has had the job 6 months. So you have to compare with Obama's first 6 months. And Obama had a terrible first 6 months.
So you have to ask yourself: If Obama was so dang hot, why has Trump beat his numbers so handily?
What do you think the dates on the chart I posted are? They are both the first 6 months of each administration and they show Obama's market crushing trump's. Do the math yourself with any indexes if you doubt.
I know you want to believe that somehow the market is doing great under trump, but if the look at the ACTUAL numbers, instead of your wishing mirror, you will see fact.
Last edited by blktoptrvl; 08-01-2017 at 10:44 AM..
My investments have done well, but I didn't vote for Trump and would never dream of voting for him should he decide to run in 2020.
I think the stock market is up at least in part because the business world is giddy thinking that Trump will reduce federal regulations on labor, consumers, and the environment. I'd give up market gains to protect those interests.
What do you think the dates on the chart I posted are? They are both the first 6 months of each administration and they show Obama's market crushing trump's. Do the math yourself with any indexes if you doubt.
I know you want to believe that somehow the market is doing great under trump, but if the look at the ACTUAL numbers, instead of your wishing mirror, you will see fact.
Thanks! I had forgot how quickly things turned around under Obama, maybe because there was all that noise about how the turn around was taking too long. Also of course, too bad the stock market (during these times of positive returns) does not reflect how the average American is doing when it comes to jobs, pay, net worth, opportunity and/or quality of life.
My stocks have been doing well overall and I'm pretty pleased. Some industries are doing REALLY well, like banking, while my usual growth funds in biotech and healthcare aren't doing so well. Those trends definitely reflect the president/political climate IMO. I was surprised that, during Obama's term, my international mutual funds were doing terribly... and now they've really shot up. Wish I had bought more during that time but I'm still working on overcoming that psychological barrier.
I highly doubt I'd vote for a 2nd Trump term, but I never say never. Certainly not just on the basis of the stock market though because that's just one area of my livelihood and wellbeing.
Thanks! I had forgot how quickly things turned around under Obama, maybe because there was all that noise about how the turn around was taking too long. Also of course, too bad the stock market (during these times of positive returns) does not reflect how the average American is doing when it comes to jobs, pay, net worth, opportunity and/or quality of life.
There are fewer unemployed today but with escalating home prices, stagnant middle class wages home ownership is out of reach for many. The stock market is not reflective of the entire situation.
Yes. The stock market is an important barometer for how well the U.S. economy and the country in general are doing.
The DOW Jones Industrial Average is up almost 11% since January 20, 2017. In spite of all the noise you hear in the media, investors have shown a considerable amount of confidence in Trump's economic policies. As long as this performance keeps up, it's going to be a decisive factor in the 2020 election.
So yeah, keep your eyes on the stock market. It doesn't lie.
I'm retired living on small investment income. When Trump was installed, I imagined that his presidency would be chaotic, so I moved a large percentage my funds from stocks to bonds and other more stable investments.
I understand why our business community reacted positively and would be hopeful now that conservatives control all three branches of our government (thankfully not our fourth estate) and so far the stock market has reflected that confidence. So I haven't earned as much as I might have since January.
But how long will it take before investors wake up and realize that there's still gridlock in DC and no legislation is being passed? How long will it take before investors realize that authoritarian personality types don't like doing business in public and don't work well with others? How long can investors ignore his Russian investments and his, guilty as hell, behavior? How long will it take before investors realize that for all his reported deal making skill, we have a man-child in a dysfunctional WH?
As long as chaos reigns supreme in the WH, I know I made the correct decision...
I've done well since the election, but am concerned it is all smoke and no fire. There is a great deal of speculation that Republicans will deliver stimulating tax cuts and that is what is behind the rise. I don't think that is going to happen and when the hope fades, the market should come crashing back to earth. It's difficult to time that, though. Economic indicators are rather mixed. The economy is not really doing any better than it was last year. I have been hedging myself.
Yes. The stock market is an important barometer for how well the U.S. economy and the country in general are doing.
The DOW Jones Industrial Average is up almost 11% since January 20, 2017. In spite of all the noise you hear in the media, investors have shown a considerable amount of confidence in Trump's economic policies. As long as this performance keeps up, it's going to be a decisive factor in the 2020 election.
So yeah, keep your eyes on the stock market. It doesn't lie.
No offense mate but if you think the stock market does not lie, i suggest you hand your portfolio to a pro. it lies everyday, and while it reflects hopes, expectations, values etc you never know what it is reflecting at any given time.
many would say the markets which are currently on about the longest bull run in my lifetime are due a massive correction. And many would say the markets for the past few years reflect the lack of safe positive returns outside of high risk investments. The price of risk is very high today, because of the long term low interest rates that high bullied monies out of safe positive returns.
Honestly why do you think Real estate is so high? It is not because people want houses despite what the media believes, it is because investors have been buying RE for a safer positive return for about 7 years now.
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