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Trump Scoreboard - Marketwatch

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werepossum said:
Just another one of those pesky coincidences, eh?
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It’s not pesky or particularly interesting. US equities rose at approximately the same rate as equities worldwide. If you want to think that’s special because someone on your political sports team is in office I guess that’s up to you.
 
UNCjigga said:
Let's see how well the global markets handle Trump after all the globalists get to meet him at Davos.
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Funny you mention DAVOS, Trump’s taking nearly everyone with him and guess what, there’s going to be around 30 top Russians there. Wonder who they’ll spend their time talking to?
 
The stock market, a measure of how much stock is worth, not particularly well-suited for measuring the growth and stability of the middle class, has continued its current trend from Obama 2009 until today.

Hooray for Strongman Trump! Making America Great Again because the stock market is continuing the trend of the past 9 years. What a hero!

hUVunVT.png


http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

Oh, and here's by President. So far, Strongman Trump has kept up with Obama for an entire year. What a personal accomplishment by Strongman Trump:

6eol3UA.png


We'll just have to wait and see how the next 7 years of Strongman Trump's presidency fares.
 
nickqt said:
The stock market, a measure of how much stock is worth, not particularly well-suited for measuring the growth and stability of the middle class, has continued its current trend from Obama 2009 until today.

Hooray for Strongman Trump! Making America Great Again because the stock market is continuing the trend of the past 9 years. What a hero!

hUVunVT.png


http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

Oh, and here's by President. So far, Strongman Trump has kept up with Obama for an entire year. What a personal accomplishment by Strongman Trump:

6eol3UA.png


We'll just have to wait and see how the next 7 years of Strongman Trump's presidency fares.
Click to expand...


It has been clearly stated by myself and others that things did well under Obama, no complaints at all to his performance when it comes to the stock market, especially considering how bad things were when he took the reigns from GW. Things are continuing to do well under Trump, and I think will only continue to do so. Most of this forum cannot handle any kind of positive comment towards Trump.
 
SlowSpyder said:
It has been clearly stated by myself and others that things did well under Obama, no complaints at all to his performance when it comes to the stock market, especially considering how bad things were when he took the reigns from GW. Things are continuing to do well under Trump, and I think will only continue to do so. Most of this forum cannot handle any kind of positive comment towards Trump.
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I don't think it's a matter of the man in office, but simply the economic cycles. We're overdue for a crash/reset and it likely occurs no matter who's running the show.
 
werepossum said:
Look at the charts. The market was on a slow climb under Obama, but immediately struck a much sharper arc under Trump. My own 401k is up 23% for 2017. Normally I too would expect a correction since the stock market is largely driven by perception and easily spooked, but this time we actually do have historic economic growth underpinning the market. Of course, if it looks like the Dems will take the House, we’ll have a possibly severe correction as investors seek to lock in gains, but unless there’s some severe economic hit, I’m guessing we are fine until we near that time.
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you were saying?

Dow drops more than 650 points, logs worst week in two years
 
Hmm, you mean borrowing money to give trillions in tax cuts to corporations isn't free? Someone has to pay it back with interest ? Oops.
 
As stated earlier in this thread Trumps first calendar year in office, the Dow had risen from 19,827.3 to apx 26,000 31%.

Under Obama, the Dow increased from 7,949.1 to 10,572 — a rise of 33%

Under Obama the stock market rose 149%.

The stock market would have to rise from 19,827 to 49,500 for Trump to have a 149% increase.

So nope, the stock market will never be as good under Trump as it was Obama. The rich are cashing in their profits now while the peons 401K's take the hit...
 
Short analysis by Krugman.

Basically, too early to freak out, but there are concerning signs in the data that points to a low growth future.

Productivity gains have been small, and wage growth is showing we are at full employment.

010218krugman2-master675.png


So that means there may be little slack in the economy for growth. Also increases likelihood of more interest rate rises. Ergo, not a great day for the markets.
 
To add,
Whatever bump we may get from increased consumer spending due to tax cuts maybe completely negated by higher % rates.

Compounding that, the massive deficit Trump will be running (~1T/yr) may also push rates higher.

Slower growth will result in smaller tax receipts, and even more debt.

They have truly bet the house on the tax cuts, and they are coming at an incredibly poor time to have much effect.

If the markets are shit this year, the 2018 midterms will be a bloodbath.
 
SlowSpyder said:
It has been clearly stated by myself and others that things did well under Obama, no complaints at all to his performance when it comes to the stock market, especially considering how bad things were when he took the reigns from GW. Things are continuing to do well under Trump, and I think will only continue to do so. Most of this forum cannot handle any kind of positive comment towards Trump.
Click to expand...

Correlation isn't causation. Good luck proving what policies Trump has enacted that have led to this growth.

Because data.
 
Bitek said:
To add,
Whatever bump we may get from increased consumer spending due to tax cuts maybe completely negated by higher % rates.

Compounding that, the massive deficit Trump will be running (~1T/yr) may also push rates higher.

Slower growth will result in smaller tax receipts, and even more debt.

They have truly bet the house on the tax cuts, and they are coming at an incredibly poor time to have much effect.

If the markets are shit this year, the 2018 midterms will be a bloodbath.
Click to expand...

That's my thinking. Trump apologists always hang their hat on market numbers, no matter how hateful and destructive his other policies are. If the self-proclaimed billionaire can't prevent an economic downturn (or actively contributes to it), he has nothing. The consequences of that downturn would suck, but it could mean the Dems retaking both sides of Congress and bringing back some semblance of adult government.
 
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