Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I don't get why Trump and his supporters love to wrap themselves in the stock market. It's the silliest thing to take credit for. This bull market is on a record run, it's eventually going to crash regardless of who's president.
OH PLEASE those changes are long planned long scheduled and the market has was thoroughly and fully informed . lets not pretend trump is facing headwinds.
the trump bump is based on the expected corp rates being slashed if it fails to come through that will give you the headwind you want to pretend trump is beating. Furthermore Trump's cabinet is a who's who of Wall street investment firms with the foxes running the henhouse one would fully expect a rally. one might also expect them to get reckless too.
Trump is a buffoon whose greatest achievement has been leaving the markets alone. He is fool to tie himself to the market's success and you surely know this.
You do realize Obama's cabinet was full of wall street bankers right?
Rahm Emanuel, the president’s first chief of staff. It’s true, as the ad notes under his photo, that Emanuel reaped $16 million while working as an investment banker for Wasserstein Perella.
Louis Caldera, former director of the White House Military Office. It’s true that Caldera was a member of the board of directors for IndyMac Bancorp for six years, leaving in August 2008.
Jon Corzine, an ex-chief executive at Goldman Sachs and former New Jersey governor. Corzine is a true Wall Street executive,
White House budget director Jacob Lew (Citigroup)
Former chief of staff William Daley (J.P. Morgan Chase).
Goldman Sachs executives Gary Gensler, who chairs the Commodity Futures Trading Commission
To name a few, so Democrats open their eyes before talking
For better or worse, this country’s leadership are business leaders or academic elite, regardless of which party is in power. Though career ex- military does seem a bit more prominent in President Trump’s administration.
The reality is the academe have no to little real world experience, so can be prone to theoretical thinking, which leads to a lot of Oh!, surprise moments. Business leaders are naturally going to think practically, believing in ‘profit’ terms being best for everyone. Clearly, there are problems with both approaches.
Me, I’ll take real world all day long.
Quote:
Originally Posted by petch751
You do realize Obama's cabinet was full of wall street bankers right?
Rahm Emanuel, the president’s first chief of staff. It’s true, as the ad notes under his photo, that Emanuel reaped $16 million while working as an investment banker for Wasserstein Perella.
Louis Caldera, former director of the White House Military Office. It’s true that Caldera was a member of the board of directors for IndyMac Bancorp for six years, leaving in August 2008.
Jon Corzine, an ex-chief executive at Goldman Sachs and former New Jersey governor. Corzine is a true Wall Street executive,
White House budget director Jacob Lew (Citigroup)
Former chief of staff William Daley (J.P. Morgan Chase).
Goldman Sachs executives Gary Gensler, who chairs the Commodity Futures Trading Commission
To name a few, so Democrats open their eyes before talking
This is a major concern. All for political gain. Nasty people in the business of politics.
Quote:
Originally Posted by petch751
That's what I'm worried about. If they can't get tax reduction and reform passed the stock market is going to tank with our retirement accounts along for the ride. Democrats are trying their damnedest to make that happen.
Correlation does not equal causation, OP. It's a basic rule of statistics. Just because Trump's warm derriere is occupying the Oval Office chair doesn't mean he's improving the economy.
Liberals are really working hard to make this good news to be turned into something even better as liberals can't spin this into something bad, how badly they want that to happen!
Of course Trumps success trip to Asia is not broadcast as a success either by liberals.
Liberals must really feel miserable 24/7! Poor whiners!
To be fair, Trump has managed to not mess things up this last year. And its now far enough along that he does rightfully own some of it. But he has a long ways to go to measure up to what Obama did. Shrug Lets see what ocurs.
Presidents do not control the stock market and a climbing market is not an indication of the economy.
If a company lays of 10,000 employees, their stock climbs because they cut costs, while 10,000 employees just lost their job, which would hurt the economy.
The market has been going up since 2009....aided in part from QE Trickle Down economics under Obama. Expect a pull back.
Candidate Trump himself said the stock market was over valued...president Trump seems not to think so now he can point to it with pride.
Didnt President Obama do the same?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
