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Up 40% from Trumps election. It hasn’t been all roses the past two years like 2017, mainly due to the federal reserve raising rates and trade tension, but you can’t argue with the results. The country has been doing well, keep socialism out of our government.
The Fed raised rates several times while the markets went up. Now the Fed has been lowering rates and the markets are basically flat. Maybe the Fed should start raising rates again.
Up 40% from Trumps election. It hasn’t been all roses the past two years like 2017, mainly due to the federal reserve raising rates and trade tension, but you can’t argue with the results. The country has been doing well, keep socialism out of our government.
I'd be shocked, but I really don't think middle class America would ever embrace Socialism.
Big picture wise, America is not a liberal nation like Europe or Canada.
People act like middle class means broke.
Middle class is a mortgage, 2 cars, 2 kids, retirement to save for, all insurance, etc.
People like that who earn their keep aren't going to vote to benefit those who don't at their expense.
Socialism out of government is government out of our pockets !!! I know how to spend my money on things I choose !!! Anyone who doesn't ? I have an address where to send that cash !!!
The DOW is now LESS THAN INFLATION up over what it was a week after this thread started. Almost TWO YEARS.......
25,700 - a week after the new tax laws and tariff threats came into effect (Jan 10 or so, 2018)
26,150 - approx today.
That is about a 1.2% yearly growth - WAY less than GDP or Inflation
Inflation only means you'd need about 26,800 or more to have the same buying power.
The "missed growth" is about 7 TRILLION Dollars - that is, money or value that is NOT in the pockets of investors and companies and pension plans and IRA's etc.
No wonder Real Estate and Cars and Boat sales and such are down the tubes and manufacturing had slowed. Seven TRILLION is real money.
Putting that another way, that's about double the entire US Federal Budget that Trump has "won" for us.
His claim to Turkey that "I know how to ruin and economy" could not be more true. That is the one thing he appears to be good at.
Up 40% from Trumps election. It hasn’t been all roses the past two years like 2017, mainly due to the federal reserve raising rates and trade tension, but you can’t argue with the results. The country has been doing well, keep socialism out of our government.
Uh, momentum from the Obama years is what kept the market going up in 2017.....the idea that, no matter what he did, Trump could not ruin something that had been going so well for 6+ years. But the problems started ONLY EXACTLY when his policies went into effect...."tax reform" (more debt and deficit) and Tariff chaos. Say what you will, Mr. Market is generally correct. Of course no one could guess that Trump could mess up such a good thing as was handed to him....but Markets don't "know" individuals and have no way of imagining a person and people who would work against their own best interests. That just doesn't compute.
If someone hands me a business that was doing great for decades (I actually did hand such to some buyers) it will take the buyers a long time to completely destroy it. Momentum is at play.
The POTUS did it a lot faster than I thought he could.
The DOW is now LESS THAN INFLATION up over what it was a week after this thread started. Almost TWO YEARS.......
25,700 - a week after the new tax laws and tariff threats came into effect (Jan 10 or so, 2018)
26,150 - approx today.
That is about a 1.2% yearly growth - WAY less than GDP or Inflation
Inflation only means you'd need about 26,800 or more to have the same buying power.
The "missed growth" is about 7 TRILLION Dollars - that is, money or value that is NOT in the pockets of investors and companies and pension plans and IRA's etc.
No wonder Real Estate and Cars and Boat sales and such are down the tubes and manufacturing had slowed. Seven TRILLION is real money.
Putting that another way, that's about double the entire US Federal Budget that Trump has "won" for us.
His claim to Turkey that "I know how to ruin and economy" could not be more true. That is the one thing he appears to be good at.
Wasn't that ruined anyway by a certain individual?
"during the meal, Jesus predicted that one of his Apostles would betray him.[19] Jesus is described as reiterating, despite each apostle's assertion that he would not betray Jesus, that the betrayer would be one of those who were present, and saying that there would be "woe to the man who betrays the Son of man! It would be better for him if he had not been born."
Let's just say he's King at snatching Defeat from the Arms of Victory.
I remember the GWB years when every single indicator was that he couldn't lose....that is, the country was with him, everything was going his way, etc.....
Yet, somehow, he too snatched defeat (a 28% approval rating, the worse recession in US history, etc.) from the Jaws of Victory.
It's the mark of L - you have to be a really big Loser to ruin stuff that would be A-1 if you simply did little or nothing.
Pretty sure that the market is flat year over year and 2% returns are now looked on as good. Fed announced an expansion of QE.
Trump is killing the economy
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