US Stock Market has been Overpriced for Years due to QE - who will get the blame when it pops? (companies, dollars)

[r small]

Originally Posted by michiganmoon

The whole industrialized world appears to be headed for a downturn. Trump made some poor choices, but he is not solely to blame for a worldwide downturn starting overseas - no?

I agree with this. Trump wouldn't be solely to blame for a world wide downturn. But in the U.S. he would deserve the lion's share of the blame. And I notice that the critics of the QE during Obama's tenure are silent about Trump advocating similar Fed policy (i.e. continued low interest rates).

[pknopp]

Originally Posted by r small

I agree with this. Trump wouldn't be solely to blame for a world wide downturn. But in the U.S. he would deserve the lion's share of the blame. And I notice that the critics of the QE during Obama's tenure are silent about Trump advocating similar Fed policy (i.e. continued low interest rates).

There were very few critics of the policy under Obama so........... Most of the few that were belonged to the left. They don't support Trump.

[r small]

Originally Posted by pknopp

There were very few critics of the policy under Obama so........... Most of the few that were belonged to the left. They don't support Trump.

Obama was catching it from both sides. The left thought he was a Wall Street lackey and the right thought he was a Marxist-Leninist.

[turkey-head]

There's surprisingly little talk out there about it, but the Fed unwinding their balance sheet *is* reverse-QE.

Hard to say what the timing or extent of the stock market impact will be. But it's pretty safe to say that the impact will be solidly negative.

[pknopp]

Originally Posted by r small

Obama was catching it from both sides. The left thought he was a Wall Street lackey and the right thought he was a Marxist-Leninist.

Few were complaining from either side.

[BigCityDreamer]

Originally Posted by pknopp

Few were complaining from either side.

I agree. Obama was criticized by the right for a lot of things, but the performance of the stock market during his administration wasn't one of them.

Some people did complain about QE, but they mostly blamed the Fed for doing that.

[r small]

Originally Posted by pknopp

Few were complaining from either side.

I heard and read plenty of criticism from both sides. And still do to this day.

[pknopp]

Originally Posted by r small

I heard and read plenty of criticism from both sides. And still do to this day.

The markets were booming with all the Socialist welfare programs to boost it. The right wasn't about to complain about that. It was Obama so the (D)'s weren't going to complain.

[KerrTown]

The stock market has been stuffed with money to make Trump's economy look good. The bubble finally burst when his handlers ran out of money to stuff!

[Finn_Jarber]

Originally Posted by michiganmoon

When the inevitable happens and this stock market pops - who will take most of the blame? Will it be Trump if it pops in the next two years or the next president if it holds out for 2+ years? Will it be the Fed's QE? Something else?

If Trump took blame for something, it would be the 1st time ever.