Bitek
Lifer
- Aug 2, 2001
- 10,650
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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.