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Started By
Message
Stock Market: Obama vs Trump
Posted on 12/22/17 at 2:49 am
Posted on 12/22/17 at 2:49 am
Percent Gained Is Most Relevant
?@PressSec? Amazing what happens when you put a businessman instead of a liberal politician in the White House-> LINK ] Dow rises 5,000 points in a year for the first time ever
Dow in the first 11 months:
- Obama: 29.9%
- Trump: 25.0%
S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4%
GDP & Unemployment are better economic points for Trump vs Stock Market.
?@PressSec? Amazing what happens when you put a businessman instead of a liberal politician in the White House-> LINK ] Dow rises 5,000 points in a year for the first time ever
Dow in the first 11 months:
- Obama: 29.9%
- Trump: 25.0%
S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4%
GDP & Unemployment are better economic points for Trump vs Stock Market.
28
Posted on 12/22/17 at 2:54 am to Tiger70503
quote:
Dow in the first 11 months:
- Obama: 29.9%
- Trump: 25.0%
S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4%
You might want to mention that the United States was coming out of one of the largest financial crashes since the Great Depression during Barry's first year in office.
Posted on 12/22/17 at 2:56 am to Tiger70503
Liberals like to push the point that Obama inherited an extremely low stock market. So, the percentage gain is not that impressive for Obama.
Posted on 12/22/17 at 2:58 am to Tiger70503
The stock market was completely stagnant the last two years of the Obama presidency.
Posted on 12/22/17 at 3:01 am to Tiger70503
Trump's gains are record highs on top of record highs. Far more impressive than the natural rebound effect after a crash.
Besides, Bush gets credit for those gains in Obama's first year right?
Besides, Bush gets credit for those gains in Obama's first year right?
Posted on 12/22/17 at 3:07 am to IAmReality
quote:
Besides, Bush gets credit for those gains in Obama's first year right?
All my friends love to push that BS lol Posted on 12/22/17 at 3:26 am to Tiger70503
Can’t wait for the December jobs report.
Posted on 12/22/17 at 3:38 am to Kickadawgitfeelsgood
quote:
Can’t wait for the December jobs report.
Posted on 12/22/17 at 3:53 am to Kickadawgitfeelsgood
Since election win for Trump mkt is up nearly 40% from what was then record territory!
Obama initial 11 mo comp is bogus as "liberal democrats" Dodd/Frank subprime loan law against banks crashed a republican president's(Bush) real estate boom, and hence the stock mkt, arguably for political gain allowing us to usher the Obama anti USA incompetence
It worked for democrats and just showed me they'll collapse our wealth if it allows democrat political gains. I' always watching their feet now as passive republicans allow democrat shenanigans with economy for their own political gains too
Mkt had no where to go but up at start of '09. It just went up 40% from nothingness. So what! Trump mkt since election is up similar amount from record territory so just comparing 11 mos is mistake by OP!
Trump is setting record after record and to ignore that he has something to do with it is obvious liberal bias!
Obama initial 11 mo comp is bogus as "liberal democrats" Dodd/Frank subprime loan law against banks crashed a republican president's(Bush) real estate boom, and hence the stock mkt, arguably for political gain allowing us to usher the Obama anti USA incompetence
It worked for democrats and just showed me they'll collapse our wealth if it allows democrat political gains. I' always watching their feet now as passive republicans allow democrat shenanigans with economy for their own political gains too
Mkt had no where to go but up at start of '09. It just went up 40% from nothingness. So what! Trump mkt since election is up similar amount from record territory so just comparing 11 mos is mistake by OP!
Trump is setting record after record and to ignore that he has something to do with it is obvious liberal bias!
Posted on 12/22/17 at 4:01 am to Tiger70503
Apples to apples.
What was Obama’s last 11 v Trump’s first 11?
What was Obama’s last 11 v Trump’s first 11?
Posted on 12/22/17 at 4:05 am to Tiger70503
Percent gained is the most relevant?
So would you prefer to be making $40k per year, and get a 100% increase (i.e. another $40k)
OR
Would you rather be making $1,000,000 per year, yet only get a 50% increase ($500k)?
I guess you want the percentage gained.
Smh
So would you prefer to be making $40k per year, and get a 100% increase (i.e. another $40k)
OR
Would you rather be making $1,000,000 per year, yet only get a 50% increase ($500k)?
I guess you want the percentage gained.
Smh
Posted on 12/22/17 at 4:42 am to chickenpotpie
(no message)
This post was edited on 6/4/20 at 6:02 am
Posted on 12/22/17 at 4:45 am to Tiger70503
Already been more fed funds hikes under trump than all of Obama's admin
Stayed at .25% (I.e. as low as possible) almost all of his term
The inability to raise that rate is a sign of weakness for those who do not know
Stayed at .25% (I.e. as low as possible) almost all of his term
The inability to raise that rate is a sign of weakness for those who do not know
This post was edited on 12/22/17 at 4:48 am
Posted on 12/22/17 at 4:57 am to Tiger70503
quote:First off, the S&P was 840 when Obama took office. 11 months later it was 1114. That differential is 32.6% not 36.9%.
S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4%
Second Obama's Dec09 S&P #'s (1114) were 25% off Dec07 levels (1484), and obviously nowhere approaching all-time highs. The 11 month rise resulted from a highly predictable economic recovery.
In contrast, the S&P is up 25% since the 2016 election, and is continually ringing all-time highs. That is almost entirely a Trump effect.
More to the point is contemporaneous economic prognostication, both then and now. Virtually every economist out there expected the market to recover and escalate upward during Obama's first 11 months.
OTOH prior to the 2016 election, many (perhaps most) economists were predicting an economic pull-back in 2018.
Time will tell as to whether Trump can meet and sustain his GDP and market goals, but to argue that obamanomics was either promarket, progrowth, or a successful economic engine is simply audacious.
This post was edited on 12/22/17 at 4:59 am
Posted on 12/22/17 at 5:12 am to gthog61
(no message)
This post was edited on 6/4/20 at 6:02 am
Posted on 12/22/17 at 5:42 am to RollTide1987
quote:
You might want to mention that the United States was coming out of one of the largest financial crashes since the Great Depression during Barry's first year in office.
You might want to mention that the stock market was already in full sprint mode when Trump took office.
Posted on 12/22/17 at 5:45 am to IAmReality
quote:
Trump's gains are record highs on top of record highs. Far more impressive than the natural rebound effect after
You do realize that barring any kind of recession, just about every president will have record highs upon record highs don’t you?
Posted on 12/22/17 at 6:15 am to IAmReality
quote:
Besides, Bush gets credit for those gains in Obama's first year right?
Posted on 12/22/17 at 7:32 am to Tiger70503
Funny that Barry could only obtain those results by throwing money at the problem.
Which money has Trump used thus far? Oh yea, the ingenuity type.
Which money has Trump used thus far? Oh yea, the ingenuity type.
Posted on 12/22/17 at 7:36 am to TheMidasTouch
quote:You might want to mention that the stock market took off in full sprint mode beginning Nov9th 2016 when Trump was elected.
You might want to mention that the stock market was already in full sprint mode when Trump took office.
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