Thread: American Politics
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01-07-22 00:29 #5879
Posts: 2579The 2nd coming
Originally Posted by Canada [View Original Post]
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01-07-22 00:19 #5878
Posts: 2344Originally Posted by Canada [View Original Post]
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01-07-22 00:10 #5877
Posts: 5452Originally Posted by CaliGuy [View Original Post]
Then the year Trump's one and only significant economic "stimulus" legislation took effect, 2018, Trump had the first of his two Bear Market Crashes and it did not occur to you to advise them to buy back into the market at or near the bottom of either of them?
Sad. If you had advised them to do that they would have come out way ahead of just riding those two Trump Bear Market Crashes all the way down and back up again over the next four years. Well, the second one came back up again in historic fashion under Biden since a presidential term is only 4 years and not 5. But you know what I mean.
Or did you not notice Trump's first Bear Market Crash in 2018 and his second one in 2020?
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01-06-22 23:40 #5876
Posts: 5452Originally Posted by MarquisdeSade1 [View Original Post]"Never forget the crime of the 2020 Presidential Election. Never give up!"
Leave it to an America-hating Repub to declare free and fair elections in America to be a "crime".
Trump should have insisted his DOJ look at whatever evidence there was for an alleged pro Biden "crime" in that election and take action to prosecute those responsible for it.
Oh wait. He did. His DOJ found no evidence of it.
Then Trump should have insisted attorneys take their evidence to dozens of courts in the land to bring the perpetrators to justice. Take it to Repub judges, even Trump-appointed Repub judges just to be sure.
Oh wait. They did. They were laughed out of court.
BTW, why did "Cancel Culture" Repub Trump cancel his own planned televised distraction from the official Annual January 6 America-hating Anti-America Trump Insurrection Cop-Killing Mob Attack Reminder Ceremony?
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01-06-22 20:03 #5875
Posts: 2579He just wants to distract from the truth
Originally Posted by CaliGuy [View Original Post]
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01-06-22 19:30 #5874
Posts: 2579Say 81 million households probably 200+ million if you count all household members
Originally Posted by ScatManDoo [View Original Post]
https://www.newsmax.com/politics/bid...06/id/1051303/
https://www.newsmax.com/politics/you...05/id/1051221/
Outvoted? Yeah right like Nov 2020?
The dnc has been trying to take their guns for over 50 yrs.
Rhetorical question?
Why do you think they "stockpile" so many guns.
I call them a "rainy day arsenal".
Nov 2024?
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01-06-22 18:27 #5873
Posts: 1068Can you explain
Originally Posted by PVMonger [View Original Post]
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01-06-22 18:21 #5872
Posts: 5452Originally Posted by CaliGuy [View Original Post]
I was actually trying to give you wannabe "DOW" financial advisors a fighting chance by breaking it down to average annual gains, where Trump is not far behind Obama on that count.
But have it your way.
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01-06-22 18:09 #5871
Posts: 5452Originally Posted by Canada [View Original Post]
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01-06-22 18:07 #5870
Posts: 5452Originally Posted by Canada [View Original Post]
There is no need to do that, the net is full of reliable sources that post the same annual DOW returns.
Do you think Microtrends is lying about it too? Their numbers are exactly the same as Slick Charts and dozens of other sources, all of which are easy links to see the annual numbers we are talking about here.
https://finance.yahoo.com/quote/%5EW...art?p=%5EW5000#eyJpbnRlcnZhbCI6 IndlZWsiLCJwZXJpb2 RpY2 l0 eSI6 MSwidGltZVVuaXQiOm51 bGwsImNhbmRsZVdpZHRoIjoxMywiZmxpcHBlZCI6 ZmFsc2 UsInZvbHVtZVVuZGVybGF5 Ijp0 cnVlLCJhZGoiOnRydWUsImNyb3 NzaGFpciI6 dHJ1 ZSwiY2 hhcnRUeXBlIjoibGluZSIsImV4 dGVuZGVkIjpmYWxzZSwibWFya2 V0 U2 Vzc2 lvbnMiOnt9 LCJhZ2 dyZWdhdGlvblR5 cGUiOiJvaGxjIiwiY2 hhcnRTY2 FsZSI6 ImxpbmVhciIsInBhbmVscyI6 eyJjaGFydCI6 eyJwZXJjZW50 IjoxLCJkaXNwbGF5 IjoiXlc1 MDAwIiwiY2 hhcnROYW1 lIjoiY2 hhcnQiLCJpbmRleCI6 MCwieUF4 aXMiOnsibmFtZSI6 ImNoYXJ0 IiwicG9 zaXRpb24 iOm51 bGx9 LCJ5 YXhpc0 xIUyI6 W10 sInlheGlzUkhTIjpbImNoYXJ0 Iiwi4 oCMdm9 sIHVuZHLigIwiXX19 LCJzZXRTcGFuIjpudWxsLCJsaW5 lV2 lkdGgiOjIsInN0 cmlwZWRCYWNrZ3 JvdW5 kIjp0 cnVlLCJldmVudHMiOnRydWUsImNvbG9 yIjoiIzAwODFmMiIsInN0 cmlwZWRCYWNrZ3 JvdWQiOnRydWUsImV2 ZW50 TWFwIjp7 ImNvcnBvcmF0 ZSI6 eyJkaXZzIjp0 cnVlLCJzcGxpdHMiOnRydWV9 LCJzaWdEZXYiOnt9 fSwic3 ltYm9 scyI6 W3 sic3 ltYm9 sIjoiXlc1 MDAwIiwic3 ltYm9 sT2 JqZWN0 Ijp7 InN5 bWJvbCI6 Il5 XNTAwMCIsInF1 b3 RlVHlwZSI6 IklOREVYIiwiZXhjaGFuZ2 VUaW1 lWm9 uZSI6 IkFtZXJpY2 EvTmV3 X1 lvcmsifSwicGVyaW9 kaWNpdHkiOjEsImludGVydmFsIjoid2 VlayIsInRpbWVVbml0 IjpudWxsLCJzZXRTcGFuIjpudWxsfV0 sInN0 dWRpZXMiOnsi4 oCMdm9 sIHVuZHLigIwiOnsidHlwZSI6 InZvbCB1 bmRyIiwiaW5 wdXRzIjp7 ImlkIjoi4 oCMdm9 sIHVuZHLigIwiLCJkaXNwbGF5 Ijoi4 oCMdm9 sIHVuZHLigIwifSwib3 V0 cHV0 cyI6 eyJVcCBWb2 x1 bWUiOiIjMDBiMDYxIiwiRG93 biBWb2 x1 bWUiOiIjZmYzMzNhIn0 sInBhbmVsIjoiY2 hhcnQiLCJwYXJhbWV0 ZXJzIjp7 IndpZHRoRmFjdG9 yIjowLjQ1 LCJjaGFydE5 hbWUiOiJjaGFydCIsInBhbmVsTmFtZSI6 ImNoYXJ0 In19 fSwiY3 VzdG9 tUmFuZ2 UiOm51 bGwsInJhbmdlIjpudWxsfQ-.
Happy with that URL?
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01-06-22 17:52 #5869
Posts: 5452Originally Posted by EihTooms [View Original Post]
Case in point is how they spin Trump's stock market performance. The black highlights are mine.
Donald Trump's presidency was far from calm, and you could say the same for the stock market during his tenure. Equities just barely managed to avoid bear-market territory in Q4 2018, then ended up rallying for more than a year before suffering a dramatic (albeit quick) bear market in 2020.
Even then, Trump still managed to finish his single term as one of the top presidents by market performance, which was fueled in part by his Tax Cuts and Jobs Act. However, that performance also included a wild rally after Election Day 2020.
"The S&P 500 gained 11.8% in price from Election Day on November 3, 2020 through January 15, 2021 in what is now on track to become the best Election-to-Inauguration Day return for a first-term president since WWII," writes Sam Stovall, Chief Investment Strategist for CFRA, referring to Biden's pre-inauguration bump. "John F. Kennedy came in second with an 8.8% price rise, while Eisenhower was third with 6.3%. Conversely, Presidents Obama, Bush-43, and Nixon endured declines of 19.9%, 6.2%, and 1.4%, respectively."
And that first of his two Bear Market Crash declines began just 9 months after his god-awful waste of $2.5+ Trillion added to the deficit Tax Cuts and Jobs Act was signed and passed, something Kiplinger seems to think contributed to his ok stock market results. Oh please.
I would put the URL for the Yahoo! Finance Wilshire 5000 Total Market Index link right here for you to click on "Historical Data, Historical Prices" and put in those dates or a few days before and after them to see for yourselves. But there is some weird glitch going on with this site and when I do that the URL is huge. Like half a page. LOL. So just do a Google Search for that and it is easy to find.
And, second, check out how they try to make it appear as though "the best Election-to-Inauguration Day return for a first-term president since WWII" was some feather to put in Trump's cap! LOL. They are referring to the great rally after Biden won the 2020 election!
Now, I am not a believer in attributing anything that happens in the economy or the stock market to an incoming president starting on election day or inauguration day. Primarily because both of those metrics have never significantly changed the trajectory they were already on for months or years prior to those dates. What happens immediately after election day with a new incoming president has practically nothing to do with the person who won and who has not done anything yet.
OK, so a big decision is about to be made on an election day. Therefore, as usual anytime a big decision is about to be made or an important bit of news is about to be reported like the Jobs Numbers, a Fed Decision, an Election and so on, stock market investors hang back for often significant amounts of time prior to the decision being made or news reported and then once the decision is made they celebrate that the world did not come to an end after all and they simply resume either the buying or selling they were doing prior to the election period but with slightly more enthusiasm, trying to catch up. That is all that happens.
Those two trajectories didn't change notably starting on election day when FDR won, when Reagan won or when Obama won. They sure as hell weren't going to change significantly when Trump won in 2016 and were not likely to go nuts just because Biden won in 2020. Mainstream Media would have been working very hard to prevent that latter event from happening anyway. In the midst of Trump's Pandemic, Biden had to actually start doing something and passing some very important and effective economic stimulus for that to happen. He did and it happened.
And so I am sticking to that opinion and judgement even though it obviously helps Trump's overall record on the stock market to have benefitted from that historic stock market rally that started right after he was soundly defeated in a Trump-defined landslide election win for Joe Biden. Besides, all three of the most recent Dem presidents beat Trump's average annual stock market performance anyway.
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01-06-22 17:43 #5868
Posts: 428Amazing
Originally Posted by EihTooms [View Original Post]
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01-06-22 17:08 #5867
Posts: 1068Slickcharts
Originally Posted by EihTooms [View Original Post]
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01-06-22 14:32 #5866
Posts: 428Like I previously said
Originally Posted by EihTooms [View Original Post]
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01-06-22 14:20 #5865
Posts: 1068Why
Originally Posted by EihTooms [View Original Post]