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re: I'm just going to leave this little stock market graph right here

Posted on 9/29/17 at 10:06 am to
Posted by navy
Parts Unknown, LA
Member since Sep 2010
29082 posts
Posted on 9/29/17 at 10:06 am to
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20974 posts
Posted on 9/29/17 at 10:08 am to
Anybody who knows anything about the stock market knows that it is doesn't make sense to compare small sets of data.

Look at the last 10 years instead:



Or the last 5



That doesn't paint the same picture as the OP. In fact, if you looked at 2008 til now, you'd think Obama righted the ship after the recession.
This post was edited on 9/29/17 at 10:10 am
Posted by Korkstand
Member since Nov 2003
28730 posts
Posted on 9/29/17 at 10:08 am to
quote:

You do know that the Fed printed and dumped 2 Trillion more dollars in to the economy by this time in Obama's Presidency don't you?
I gotcha, there's always an excuse for when the other team wins, right? Obama had QE, Clinton had the tech boom, etc.

Since WWII, Democrat presidents have averaged 9.7% returns, while Republican presidents have averaged only 6.7%. Do you have 70 years of excuses?


Or, you can chalk it up to luck/coincidence and realize that the president has little impact on the market.
Posted by SirWinston
PNW
Member since Jul 2014
82386 posts
Posted on 9/29/17 at 10:09 am to
We love Trump!
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 9/29/17 at 10:09 am to
quote:

I'm just going to leave this little stock market graph right here by CAD703X


I'm not one to directly associate a President with market performance but, ya know, I will happily do this

Posted by GurleyGirl
Georgia
Member since Nov 2015
13178 posts
Posted on 9/29/17 at 10:17 am to
I have to admit I missed the rise; I thought the market would decline regardless of whether Clinton or Trump were elected. I didn't think Trump had a chance in hell of winning and obviously I underestimated his positive business influence.
This post was edited on 9/29/17 at 2:07 pm
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 9/29/17 at 11:10 am to
quote:

I love how that graph only shows Obama's last two months

Well, its like Les Miles' offense. Comparing how he started to where he ended up, and then how Ensminger took the same players and exploded . . . .

Ya just have to say that Obama and Miles both outlived their usefulness to the organization. Because their personal beliefs overrode what was best for the group
Posted by idlewatcher
County Jail
Member since Jan 2012
79383 posts
Posted on 9/29/17 at 11:11 am to
CNN: Obama set the stage for Trump to be successful

Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 9/29/17 at 2:04 pm to
quote:

I'm just going to leave this little stock market graph right here

Here's the DJIA with inauguration dates circled.

Republicans are always killing it. Not in a good way.

Next crash will be in Trump's term. Book it.

Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 9/29/17 at 2:29 pm to
You do know that the stock market completely stalled for the last 2 years of Obama after the quantitative easing stopped

2 fricking years of dead money

Awesome!
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 9/29/17 at 3:01 pm to
quote:

gthog61

2 fricking years of dead money
Sorry you're too poor for long-term investing.
Posted by BBONDS25
Member since Mar 2008
48754 posts
Posted on 9/29/17 at 3:16 pm to
quote:

Sorry you're too poor for long-term investing.


Yikes. Two years of stagnation can have a pretty big impact on a long term investment.

Know how I know you're a poor?
Posted by mofungoo
Baton Rouge
Member since Nov 2012
4583 posts
Posted on 9/29/17 at 4:11 pm to
Show the graph from election night. Right after the polls closed the DJ dropped, then when it became apparent Trump was going to win it exploded and hasn't stopped climbing since. TRUMP was the reason that it happened and anything else said is lies and bullshite.

MAGA
Posted by beaverfever
Little Rock
Member since Jan 2008
32762 posts
Posted on 9/29/17 at 4:20 pm to
The fed refused to raise rates under Obama which has created an artificially inflated stock market. Trump is benefiting from the same policy of permanently low interest rates.
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 9/29/17 at 4:51 pm to
quote:

BBONDS25

Know how I know you're a poor?

I've driven by that low-budget BR chicken joint you posted about.

You ever been to Llano County, Texas?






Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 9/29/17 at 4:55 pm to
You can look at the fricking graph moron. It went nowhere from 2014 until the election last year.

That was when qa stopped.

fricking shitheadswhy bother
Posted by texashorn
Member since May 2008
13122 posts
Posted on 9/29/17 at 4:57 pm to
Maybe you pissed away a fortune and Horseshoe Bay is a major step down?
Posted by thebigmuffaletta
Member since Aug 2017
13026 posts
Posted on 9/29/17 at 4:57 pm to
Then why do I always make more money when Republicans are President?
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/29/17 at 5:00 pm to
Stock market grew faster during obama's first term. So...
Posted by Loserman
Member since Sep 2007
21974 posts
Posted on 9/29/17 at 5:11 pm to
quote:

Maybe, but DJI sat at 7,062.93 on 2/1/2009, and 20,812.24 on 2/1/2017.



And it only took spending 10 Trillion more dollars than we had to pump the market up to that.
This post was edited on 9/29/17 at 5:17 pm
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