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Who knows what another administration would have done? Nobody does. But I can tell you this, I certainly wouldn't be surprised if a Clinton administration took some ridiculous position of "not wanting to cause panic" and basically getting the same results with a different execution of strategy.
Again, its all hypothetical and pointless speculation.
The one thing we DO know is that markets that run as long as this one did always hit a wall and collapse, they also always find their way back over time.
Also to keep in mind is that this is the first true crash like this where leveraged ETFs and other synthetic investing products are causing huge swings that otherwise wouldn't exist. This factor alone has way more to do with any POTUS when it comes to these swings, but I get it, its more fun to play the politics game and try to assign this to the guy/girl in elected office that is on the other team.
Sure, the result might have been the same under Clinton. I don't see how it could be worse, though. The President spent 2 months telling people to ignore it, which simply facilitated its spread. I don't see what worse decision there could have been made except for maybe filling up a water gun with CV-19 and shooting people on 5th Avenue with it.
Gunslinging day traders are loving this! Buy on the down days, sell on the up days. These kinds of big swings are like Christmas for them. If you like to go short, just do the opposite. I'm not a day trader but one of my friends is. I've never seen him so excited. I think he lives for this kind of market volatility.
Sure, the result might have been the same under Clinton. I don't see how it could be worse, though. The President spent 2 months telling people to ignore it, which simply facilitated its spread. I don't see what worse decision there could have been made except for maybe filling up a water gun with CV-19 and shooting people on 5th Avenue with it.
Same or worse, I stand by that. All of the politicians on both sides like to think they know better than us. They feel like they need to "protect" us from bad news. A Clinton administration could easily have downplayed it for that exact reason just in a different method. I wouldn't put it past any administration.
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