Um... guys?
Um... guys?
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The market is bloated out of proportions already
We're literally just floating on dreams and unicorn farts at this point. Expect a crash within a couple of years (which will be blamed on Trump despite it being a collaborate effort between Reps and Dems since the housing crash)
>(which will be blamed on Trump despite it being a collaborate effort between Reps and Dems since the housing crash)
Even after all of this you still won't admit that he's in any way culpable??
>collaborate
Do you know what this word means?
Trump is not really Rep or Dem, though, is he.
I thought Trump inherited Obama's economy
Duh, why would the economy grow faster after a crash?
Yes for the first year and a half and then, Trump policies kick in.
it means collude, right?
He got elected as the representative of Reps.
>stocks
fucking die already you fucking boomer.
Trump is cleaning up some of the international shit going on. Stocks are bound to wobble as global politics shift
I dont know what word is appropriate to be fair.
I meant that despite having a (D) or (R) before their name they have done nothing but inflating the market because "look, the numbers are bigger now than before I am the best president ever"
They had a different foundation (base) to compare to.
If you are low, it's easy to improve.
No true scotsman???
now show the starting point you dumb kike
hint: there was a little thing that happened around 2008
He did. That means Obama inherited Bush's economy, making those first two years attributable to Bush.
While it doesn't matter that much, Obama's gains due to Bush were actually closer to 56% (source: the actual Vanguard Total Stock Market Index, found on Yahoo Finance, which is supposed to be where they pulled the information from, but their numbers don't match up), while Trump's gains due to Obama seem to be accurate.
This completely ignores the fact that stock price alone is not a valid measure of economic growth. It would be more accurate to use total market capitalization (price * quantity) as a measure of economic value, but it still isn't really that great of an indicator.
Additionally, Soros and Buffet have been slowly pulling their investments over the last year. I'm surprised the economy is doing as well as it has been lately.
money.cnn.com
slate.com
bloomberg.com
Actual measures of economic growth (hint: not stocks) can be shown to have decreased during Obama's reign of terror. For example:
tradingeconomics.com
niggers decided they wanted mo gibs than to go back to work. No, this isn't the unemployment rate. The unemployment rate doesn't consider people who aren't actively looking for jobs. You could have half the US population not employed and not looking for jobs and your unemployment rate could still be zero.
Furthermore, annual growth rate in total GDP in the US grew under Obama, but not very steadily. It fluctuated wildly under Obama with an average close to 1-2%, where Trump's GDP growth rate has been steady at about 2.5-3% per year.
source for that last one:
tradingeconomics.com
If you inherit a market right after a crash, it should go up if you aren’t completely incompetent
Yeah nobody cares that Obama started out at a local minimum and then juiced the economy will trillions of QE.
And the reason stock price isn't a valid indicator is because it doesn't take into account any stock splits, dividends, subsidies, etc.
This is correct. It also has nothing to do with actual economic value or growth.
Nah mate. With trump beating down the market with his trade war bat the market wont crash. It only ever crashs when the market runs away from itself.
>I thought Trump inherited Obama's economy
^^^THIS... when anything is going GOOD numbers? its always "obamas policies working" and when any number is BAD, its always "Trump ruined it". You can not logically have it BOTH ways, libtards.
he's as basic bitch neocon republican as one can be
>right after a crash
agreed, but many people have many different definitions of what "after" means. and it's never made clear and conveniently extends or shortens depending on what argument its supporting
Yes, stocks purchased near the bottom of a crash will return more than those purchased later on. Was there a point to this?
>Obama was a good president
Let it go. Literally zero people think this anymore
Obama camapigned against wall street, so that makes Obama a failure. Trumps return on investment went exactly as he promised, we all made money.
Win: Trump
Failure and liar: Obama
2 points, first, Obama came in after a crash when there is often a rapid 'dead cat bounce'...second if you look at the graph from 0.9 to 1.6 years in, technical analysis shows the market was about to crash around half those gains. So what stopped it? at 1.6 years is when Quantitative Easing went ballistic....essentially the Fed goosed up the stock market by printing money and buying our own Treasury bonds that no one else wanted anymore.
also forgot, third, 0% interest rates for his entire presidency didn't hurt either. In comparison, Trump's economy and market growth has been much more 'organic' and despite the Fed doing the opposite they did during the Obama admin....that is, raising interest rates too quickly and too high for the current GDP.