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Started By
Message
Obama was better for the stock market than Trump
Posted on 8/15/19 at 4:58 am
Posted on 8/15/19 at 4:58 am
quote:
President Donald Trump has repeatedly pointed to the stock market as one of the best ways to measure his administration’s policies.
quote:
During Trump’s presidency, the S&P 500 has gained 25% from inauguration day through August 14. How does that stack up to stock performance at the same point in other modern presidencies? (646 trading days, to be exact).
quote:
Stocks were stronger under Barack Obama
Again:
LINK
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Posted on 8/15/19 at 5:03 am to Ted2010
Statistics and percentages can be used to manipulate anything.
If you look at a chart of the market, the reason Obama was so good was that it was near the bottom so it had only one way to go which was up. It is convenient they didn’t post a chart and you could see this.
If you look at a chart of the market, the reason Obama was so good was that it was near the bottom so it had only one way to go which was up. It is convenient they didn’t post a chart and you could see this.
Posted on 8/15/19 at 5:04 am to Ted2010
You can't tally Trump's average stock gain percentages until his term of office is complete.
Posted on 8/15/19 at 5:05 am to Tarps99
Cnn wouldn’t dare make the messiah look bad..
Posted on 8/15/19 at 5:06 am to Ted2010
Probably fake news somehow?
Posted on 8/15/19 at 5:08 am to Ted2010
Bro, do you even "Expansion, Peak, Contraction, and Trough"?
Posted on 8/15/19 at 5:24 am to Tarps99
Exactly. If it was at 1 and went to 2 it would be a 100% rise in value. The rise or fall of the current market stated in whatever wealth metric you choose to use is a useful measure. Obama inherited a market way down that was then propped by vast government spending. Much of it on trivia (does Obama phones ring a bell) and political payback and supporters (startup companies type payoffs) but still.
Posted on 8/15/19 at 5:28 am to jimdog
And Obama reduced the deficit unlike Trump who is blowing it through the roof.
Posted on 8/15/19 at 5:31 am to Ted2010
quote:
If you look at a chart of the market, the reason Obama was so good was that it was near the bottom so it had only one way to go which was up. It is convenient they didn’t post a chart and you could see this.
This post was edited on 8/15/19 at 5:32 am
Posted on 8/15/19 at 5:33 am to Ted2010
quote:You don't do the markets, but if you did you'd appreciate the effect of Trump's election on the markets. It was dramatic.
Ted2010
From November 2014 to Election Day 2016, under Obama, the DJIA was flat at ~17900.
From election day to inauguration day the Dow climbed 2000pts, over 11% in 2.5 months. Ironically, you'd probably credit that rise to Obama.
Posted on 8/15/19 at 5:34 am to Ted2010
Dow Jones average is currently over 25,000. It was 11,722 on Jan 1, 2000.
For those who didn't take STEM courses while in school, that's over double.
For those who didn't take STEM courses while in school, that's over double.
This post was edited on 8/15/19 at 5:35 am
Posted on 8/15/19 at 5:38 am to Ted2010
Ok. And?
You liberals are hilarious
You can't make up your mind what the frick your argument is
You liberals are hilarious
You can't make up your mind what the frick your argument is
Posted on 8/15/19 at 5:40 am to Ted2010
3 rounds of quantitative easing, printed trillions to prop-up the market for Jug Ears.
Posted on 8/15/19 at 5:41 am to Ted2010
The stock market and economy did amazing under both Obama and Clinton. Can’t really refute that
Posted on 8/15/19 at 5:41 am to TopFlightSecurity
quote:
And Obama reduced the deficit
He added 10 trillion to the national debt. Doubled it in 8 years.
Posted on 8/15/19 at 5:49 am to Crimson Wraith
quote:
He added 10 trillion to the national debt
Trump is on pace for almost 9 trillion if he gets 8 years in office. In a much better economy as well by comparison. Pathetic
This post was edited on 8/15/19 at 5:52 am
Posted on 8/15/19 at 5:51 am to gamatt53
He's repairing the damage done by Jug Ears.
Posted on 8/15/19 at 5:55 am to gamatt53
He's at 2 right now....
And your psychic math predicts 9?
Hell, why not make him on track for 100?
Your argument is PATHETIC.
And your psychic math predicts 9?
Hell, why not make him on track for 100?
Your argument is PATHETIC.
This post was edited on 8/15/19 at 5:57 am
Posted on 8/15/19 at 5:57 am to TopFlightSecurity
One thing Obama did do was keep his foot on Putin and he never colluded behind the back of the American people and in secret. Nor would he have ever dreamed of spying on the opposition party or allowing the FBI and the intelligence services to impede and or interfere in an election.
On another note Barack Obama would have absolutely been impeached and indicted as Trump will be if he is caught live on a supposedly "dead" mike colluding with Vlade through a conspiracy with a third Russian to delay and fool the voters so as not to affect the 2020 election.
On another note Barack Obama would have absolutely been impeached and indicted as Trump will be if he is caught live on a supposedly "dead" mike colluding with Vlade through a conspiracy with a third Russian to delay and fool the voters so as not to affect the 2020 election.
Posted on 8/15/19 at 5:58 am to jimdog
ISWYDT
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