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Posted on 12/22/17 at 3:32 pm to SDVTiger
“The American Dream is now that everyone should own a house”
GWB
GWB
This post was edited on 12/22/17 at 3:34 pm
Posted on 12/22/17 at 3:34 pm to Tiger70503
That was Bush's recovery.
Posted on 12/22/17 at 3:42 pm to Tiger70503
So we can mark you down as a no then
Posted on 12/22/17 at 3:53 pm to Tiger70503
quote:It should also be pointed out that the US markets under Trump have lagged many other Western markets. IOW, you could say that Trump has done RELATIVELY poorly.
Stock Market: Obama vs Trump
Percent Gained Is Most Relevant
Posted on 12/22/17 at 4:11 pm to Tiger70503
quote:
Dow in the first 11 months:
- Obama: 29.9%
- Trump: 25.0%
That's not exactly apples to apples.
Obama's gain was territory that had been lost by the recession. He didn't chart any new growth that year, just recaptured lost growth.
Trump, on the other hand... most of the gains during his first year have achieved historic highs.
That stat you posted is the same kind of ridiculous rhetoric as "Obama cut deficit spending by 2/3". Yeah, no shite because he tripled deficit spending during his first term.
This post was edited on 12/22/17 at 4:16 pm
Posted on 12/22/17 at 4:40 pm to Big Scrub TX
quote:YTD for foreign markets:
It should also be pointed out that the US markets under Trump have lagged many other Western markets. IOW, you could say that Trump has done RELATIVELY poorly.
CAC (France): +10.33%
FTSE (Great Britain): +6.33%
DAX (Germany): +13.86%
EuroNext (100 European stocks): +11.47%
SMI (Swiss Market Index): +14.29%
S&P/TSX 60 INDEX (Canada): +6.72%
CHILEAN SE IPSA INDEX: +0.94%
SAO PAULO SE BOVESPA INDEX (Brazil): +24.84%
S&P ASX ALL ORD INDEX (Australia): +7.84%
SHANGHAI SE COMPOSITE INDEX: +6.23%
Heng Seng (Hong Kong): +34.44%
NIKKEI 225 INDEX (Japan): +19.82%
TAIWAN SE WEIGHTED INDEX: +13.87%
USA YTD:
Dow Jones 30 Industrials: +25.26%
S&P 500: +19.85%
So only the Hong Kong stock index did better than the U.S. markets and the Brazilian index beat the S&P 500 but not the Dow Jones 30 Index.
What are those "other" Western markets that have done better than the U.S. markets?
LINK
Posted on 12/22/17 at 4:52 pm to LSURussian
quote:You're right. I had misread the OP as being since the Trump election. And my info on that is stale, since a lot of writeups were done on the topic in early November at the one year point and I haven't really looked since then. But as recently as last month, the US was lagging lots of international markets. (I only care about the S and P.) LINK And, of course, the dollar has been hit fairly hard since the election, so when currency is taken into consideration, the results are muddy at best. In no way is it obvious that Trump has done something exceptional in the US that has led it to greatly outperform the world. (And FWIW, I think it's silly to credit presidents with this stuff. Obama should essentially get zero credit for the S and P rallying off of an oversold low. Also, FWIW, I get major utility out of equities rallying in the immediate aftermath of the election after all of the doom and gloom predictions by the media elite.)
So only the Hong Kong stock index did better than the U.S. markets and the Brazilian index beat the S&P 500 but not the Dow Jones 30 Index.
What are those "other" Western markets that have done better than the U.S. markets?
Posted on 12/22/17 at 5:14 pm to Bard
quote:You Repugs are like Dodgers fans gloating over game one of the World Series.
Trump, on the other hand... most of the gains during his first year have achieved historic highs.
Meanwhile a lot of smart money predicts the Trump stock market will crash and burn.
Let's have this discussion in Q4 2020, assuming god emperor survives that long.
Posted on 12/22/17 at 5:17 pm to austintigerdad
quote:A market correction, as described in the link you gave, is NOT a crash and burn. It's a normal part of the stock market cycle which establishes a new floor for the market to strengthen from again.
Meanwhile a lot of smart money predicts the Trump stock market will crash and burn.
You're not very bright....
Posted on 12/22/17 at 5:23 pm to Tiger70503
OP, throw up a comparison of how much money each cost. Obama spent an astounding amount of $$$$ more than we did under Trump
Posted on 12/22/17 at 5:23 pm to Tiger70503
quote:
Tiger70503
What’s funny is how you made this post thinking you were something. Then you quickly found out how dumb you really are. Not just for being an Obama cock holster, but for underestimating how smart some of the folks are on this board.
This post was edited on 12/22/17 at 5:24 pm
Posted on 12/22/17 at 5:49 pm to LSURussian
quote:
LSURussian
A market correction, as described in the link you gave, is NOT a crash and burn.
You're not very bright....
"Market correction" is precisely how big money outfits like Vanguard warn investors.
Check back toward the end of god emperor's term, like I said.
Posted on 12/22/17 at 7:50 pm to austintigerdad
quote:
You Repugs are like Dodgers fans gloating over game one of the World Series.
We now have the White House, the House, the Senate, the majority of Governorships, the majority of state legislatures and with one more retirement SCOTUS. That's a 4-game shutout with an extra regular season win on the side and another upcoming.
quote:
Meanwhile a lot of smart money predicts the Trump stock market will crash and burn.
Market corrections happen all the time. A move of the level your histrionics warns of would need a very large bubble to burst in order to happen. Leading up to the 2008-2009 burst, people saw as early as 2006-2007 that subprime securities were a bubble poised to pop. Since we're within that 3-4 year period, tell me Mr. Cramer, what's going to cause this one?
quote:
Let's have this discussion in Q4 2020, assuming god emperor survives that long.
Bookmarked.
Posted on 12/22/17 at 7:55 pm to austintigerdad
quote:Do you know the commonly accepted definition of "market correction"? It doesn't appear that you do based on how you've misused the term twice in this thread.
"Market correction" is precisely how big money outfits like Vanguard warn investors.
Posted on 12/22/17 at 9:13 pm to austintigerdad
quote:Try again.
Meanwhile a lot of smart money predicts the Trump stock market will crash and burn.
Meanwhile prior to last year's election "a lot of smart money" predicted a recession in 3rd or 4thQ of 2017. The same smart money was assuming a Hillary Presidency with continuation of obamanomics.
What does that tell you about Trump?
Posted on 12/22/17 at 10:00 pm to Tiger70503
Compare to global economy as well. Will surprise many.
Posted on 12/26/17 at 9:35 am to Tiger70503
Dow at 35% since election. I am not sure how you got 25%?
Posted on 12/26/17 at 9:37 am to Tiger70503
Stimulus package much???
Posted on 12/26/17 at 9:39 am to LSURussian
Did "smart money" skip the first week of econ 101?
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