Trump Warns of Epic Stock Market Crash If He's Not Re-Elected (Corporate Profits, employment)
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Trump Warns of Epic Stock Market Crash If He's Not Re-Elected
That would be like Nebuchadnezzar warning of a plague if he was not allowed to sack Jerusalem. There were often plagues in those days, before the burning ... raping ... pillaging, or afterward, it was sure to come ...
Trump warned of violence if he did not get the nomination, and many lifelong Republicans refused to attend the convention. This is just another one of his many threats in the form of unfounded claims and lies. Nostradamus he is not.
There will be a downturn, before or after the election no one knows, but the economy is cyclical and we are overdue for a correction, so there's that ...
The question is does it need to get taken out of the oven before or after election day. Before election day, Trump is cooked.
It's quite evident already that NOTHING sways Trump voters. They claim that the economy is booming...when the market has gone nowhere for 18 months (very rare in any booming market).
They claim Trump is a non-interventionist. They claim he denuked NK.
It's backwards and opposite day every day. The economy could explode and Trump fans will be here saying "Those liberals and rich democrats are getting their payback - GO TRUMP". In fact, there are threads here already where they are doing that! We don't have to guess...already proven.
We have to face the fact that 40% of Americans...are not Americans in the sense of how we think of America (For the People, ALL the People, and ONLY for the people). These are authoritarians of various stripes and the imagined ends (which even they don't know) is worth ANY MEANS.
That is the sad truth. Nothing will ever change them. In 20 years when Trump is still rated the worst POTUS of all time, 30% of the country will still approve of his reign and wish for another shot at one person rule.
The question is does it need to get taken out of the oven before or after election day. Before election day, Trump is cooked.
Which is why he had flip flopped on QE.
He (correctly) argued that the $4.5 Trillion in QE under Obama resulted in a bubble as a candidate. Now he is demanding more QE and rate cuts...let's get a bigger bubble!
He wants the stock market to stay inflated for election day.
It is good politically if it works short-term...it will be bad for those who experience the bigger bubble popping.
Trump Warns of Epic Stock Market Crash If He's Not Re-Elected
There will be a downturn, before or after the election no one knows, but the economy is cyclical and we are overdue for a correction, so there's that ...
I still don't get this. If we go back to the turn of the century, the compounded return of the stock market is less than 5%.
So your claim is that this <5% is so overheated that we will need to correct from those lofty peaks?
Same result if we take exactly 20 years - TWO DECADES..which includes the Great Recession.
Given this, it's hard to imagine what we are going correct to? 4% over decades? 3%?
None of it is enough to keep the heads of pensions, IRA's, retirees or other investors above water.
I agree we are in for problems, but they are self-inflicted, not cyclical. Someone came along and did everything wrong and screwed up the world economy.
Actually, what he is saying is that the stock market will react negatively if one of the anti-business, socialist Democrats get elected. That makes perfect sense.
It's quite evident already that NOTHING sways Trump voters. They claim that the economy is booming...when the market has gone nowhere for 18 money (very rare in any booming market).
You and I have both argued that the stock market is in a bubble. By commonly accepted measures and historical averages it has been overvalued for years now (preceding Trump).
Isn't it good to have the stock market go sideways for a bit if you want to avoid a massive pop? (I guess by sideways I mean big swings based on good economic data mixed in with scary tweets, bad economic data, etc...causing the swings that equal not much gained the past 18 months?)
It isn't just the US that is showing signs of slowing down. In fact, a lot of comparable countries have worse numbers going on in the economy than the US, this includes Japan, Germany, France, and the UK. Comparatively, we are doing okay, but I don't think we'll escape what appears to be coming, especially if the rest of the world catches it first.
I agree with antinimby's post, but I also remember futures collapsing early on election night 2016 when it looked like pro-business Trump might get elected ... mostly because that wasn't what was expected. The market does not like surprises. Throughout the night, futures stabilized and obviously since then, the Dow and the economy have been doing very, very well.
But yes, if Sanders, Harris, Warren, any of those anti-business Democrats are elected, watch out.
“If anyone but me takes over,” Trump told his 61 million Twitter followers on Saturday, “there will be a Market Crash the likes of which has not been seen before!”
Well............ if he is not elected, as least cancer will be cured by Biden!
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