Trump Scoreboard - Marketwatch

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Bitek

Lifer
Aug 2, 2001
10,650
5,224
136
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.

Yeah, that's why I think it's such a poor strategy to tie Trump success to the tail end of a historically long bull market.

Everyone knows the markets have been climbing for years, so arguing it's not coat-tails is difficult at best.

At worst, the likelihood of a major correction and/or recession is high, so your self imposed metric will be upside down with little/no potential to influence positively.

But Trump is a no-nothing dotard, so what do you expect.
 

umbrella39

Lifer
Jun 11, 2004
13,819
1,126
126
14%? You managed to grow at half the pace of the market? Damn, you are slow.

Save all of that $85, you are going to need it with poor investment growth like that.

It's fun watching him pull numbers from his head rest...
 

Amused

Elite Member
Apr 14, 2001
55,998
14,514
146
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.

Trying to agree with anything you think is positive about Trump would go something like this for people who live in reality land:

 

Bitek

Lifer
Aug 2, 2001
10,650
5,224
136
It's fun watching him pull numbers from his head rest...

I know a (now reformed) conservative at work who put most all his investments in bonds bc he believed all the hyperinflation/QE bullshit on the right at the time.

He's only made $10K since 2009. O_0

He will have spent his 30s with little to show for it.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,947
126
I know a (now reformed) conservative at work who put most all his investments in bonds bc he believed all the hyperinflation/QE bullshit on the right at the time.

He's only made $10K since 2009. O_0

He will have spent his 30s with little to show for it.

At least I had hookers in my 30s
 

mect

Platinum Member
Jan 5, 2004
2,424
1,636
136
Considering these gains are coming coupled with the deregulation of banks and other major players, I am concerned the reckoning is coming.
 
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fskimospy

Elite Member
Mar 10, 2006
84,775
49,434
136
This week’s crash wasn’t Trump’s fault but it does show why giving him credit to begin with was dumb.

US stocks increased at roughly the same rate as equities around the world. That’s not special or interesting. I think it’s mostly that conservatives had nothing else from last year to be proud of so they desperately latched onto that.
 

TheVrolok

Lifer
Dec 11, 2000
24,254
4,076
136
This week’s crash wasn’t Trump’s fault but it does show why giving him credit to begin with was dumb.

US stocks increased at roughly the same rate as equities around the world. That’s not special or interesting. I think it’s mostly that conservatives had nothing else from last year to be proud of so they desperately latched onto that.
Exactly this.
 

Bitek

Lifer
Aug 2, 2001
10,650
5,224
136
This week’s crash wasn’t Trump’s fault but it does show why giving him credit to begin with was dumb.

US stocks increased at roughly the same rate as equities around the world. That’s not special or interesting. I think it’s mostly that conservatives had nothing else from last year to be proud of so they desperately latched onto that.

Why wouldn't the banks and rich want a rinse and repeat? They made so much money, so much wealth was transferred, and no one had any real risk.

Sure, the company names on the business cards may have changed a bit, but everyone was a winner.

Still pissed I didn't have a better position to buy up some hot Denver real estate after the crash. So many of those cash buyers made out like bandits.
 
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mect

Platinum Member
Jan 5, 2004
2,424
1,636
136
This week’s crash wasn’t Trump’s fault but it does show why giving him credit to begin with was dumb.

US stocks increased at roughly the same rate as equities around the world. That’s not special or interesting. I think it’s mostly that conservatives had nothing else from last year to be proud of so they desperately latched onto that.
I wouldn't blame this week's crash on Trump, but I'd say there is little doubt that the level of deregulation going on in the markets right now is supporting an environment of risky behavior in the financial industry. My understanding is such circumstances tend to promote higher highs and lower lows.
 

SlowSpyder

Lifer
Jan 12, 2005
17,305
1,001
126
The OP is curiously silent... okay, not so curiously at all.


Wow, I wasn't living on AT P&N on a friday night or on my Saturday (was ice fishing). This has been a bad week, a week doesn't make a trend. But, we'll see how things go as we go forward, too early to shit your pants just yet.
 

Commodus

Diamond Member
Oct 9, 2004
9,215
6,818
136
Wow, I wasn't living on AT P&N on a friday night or on my Saturday (was ice fishing). This has been a bad week, a week doesn't make a trend. But, we'll see how things go as we go forward, too early to shit your pants just yet.

Apologies on assumptions... with that said, the other resident conservatives have been noticeably silent, too.

A week isn't a trend, to be sure -- this is just a not-so-subtle reminder that Trump isn't the economic wunderkind his supporters often make him out to be. The stock market frequently represents speculation, not necessarily economic health, and all the "success" can evaporate very quickly if investors feel they've been sold a bill of goods.
 
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gplracer

Golden Member
Jun 4, 2000
1,750
16
81
My wages have gone up with the new tax system. As a middle class person nothing Obama did ever benefited me.
 

Commodus

Diamond Member
Oct 9, 2004
9,215
6,818
136
My wages have gone up with the new tax system. As a middle class person nothing Obama did ever benefited me.

So screw everyone else as long as you got yours, right? Never mind health care for the less fortunate, education, science... as long as you see bigger numbers on your pay stubs, you're fine with others suffering.
 
Reactions: TeeJay1952

Amused

Elite Member
Apr 14, 2001
55,998
14,514
146
So screw everyone else as long as you got yours, right? Never mind health care for the less fortunate, education, science... as long as you see bigger numbers on your pay stubs, you're fine with others suffering.

The plan throws a few bucks to the middle classes. Just enough to make them happy. Meanwhile it throws billions each to the one percent.

If all this was done in real time with everyone together in a room of a hundred people, it would be like giving 49 nothing, 50 a penny and just one guy 10 one hundred dollar bills and counting on the guys with the pennies to be thrilled.
 

gplracer

Golden Member
Jun 4, 2000
1,750
16
81
So screw everyone else as long as you got yours, right? Never mind health care for the less fortunate, education, science... as long as you see bigger numbers on your pay stubs, you're fine with others suffering.
Considering that I work 60+ hours a week, have a massive amount of student loan for my son I am glad to get what I can.
 

mect

Platinum Member
Jan 5, 2004
2,424
1,636
136
Considering that I work 60+ hours a week, have a massive amount of student loan for my son I am glad to get what I can.
If you have a college age kid, Obama likely did far more for you than Trump has.
 
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