Why have Republicans stopped bragging about the stock market?
- Thread starter RoryN
- Start date
RobDownSouth
BoycotDivestSanctio
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The stock market is overdue for a correction.
They were so proud. Trumpy was taking credit for it, and they followed suit.
What changed?
it was 24,305 now its 25,561
cowslinger64
Literotica Guru
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The ball lickers sure are quiet...even the big giant head has nothing stupid to add.
trysail
Catch Me Who Can
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In the words of Warren Edward Buffett, here you have a perfect picture of:
"Reward-free risk"
https://fred.stlouisfed.org/graph/fredgraph.png?g=oE8G
its up about 2% and I sold the Jan 60 call for 1.4
and still going higher as gold falls
and collapsing
FukLuk
Loves Spam
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Where is Que? He lives in this thread.
Que lives in the shadows of his wife's bull's balls.
heathergives
Literotica Guru
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Indeed. Fewer payroll taxes may stimulate hiring.
But try telling THAT to a "non-deplorable;" i.e: "progressive.
Adre
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“2018 turned out to be a down year for stocks. When the exchanges closed this afternoon, the Dow industrials were negative since last December’s final trading day, by about 6%. It’s the first down year since 2015, the only other down year since the Great Recession’s 2008.
2008 was also the last full year, prior to 2018, in which we had a Republican president. For the eight years in which Democrat Barack Obama was president, 2009-2016, the stock market was up every single year, save for 2015’s slide of all of 2%.
These facts reinforce the oft-made observation that stocks do better during Democratic than Republican administrations. This is generally true.
The standard explanation for this basic correlation—Democratic president good, Republican one less so for stocks—is that stocks perceive that free-market policy is not as sound, economically, as some healthy level of government management of the economy. Republicans represent the free-market concept, and the mass of stock purchasers knows that this is kind of crazy. Democrats represent enlightened regulation of the economy, and the mass of purchasers sees this as the better part of wisdom.”
Forbes
Why do you post lies, Yidiot?
2008 was also the last full year, prior to 2018, in which we had a Republican president. For the eight years in which Democrat Barack Obama was president, 2009-2016, the stock market was up every single year, save for 2015’s slide of all of 2%.
These facts reinforce the oft-made observation that stocks do better during Democratic than Republican administrations. This is generally true.
The standard explanation for this basic correlation—Democratic president good, Republican one less so for stocks—is that stocks perceive that free-market policy is not as sound, economically, as some healthy level of government management of the economy. Republicans represent the free-market concept, and the mass of stock purchasers knows that this is kind of crazy. Democrats represent enlightened regulation of the economy, and the mass of purchasers sees this as the better part of wisdom.”
Forbes
Why do you post lies, Yidiot?
