I wonder why Warren Buffett is presently sitting on a mountain of cash? Maybe the market capitalization ÷ GDP is really high and our massive total debt of 36T+ means future growth will be dampened? But go ahead, blame what's already baked in the cake on Trump
See post after yours. You exaggerate, though the bump after the election was most likely due to Trump's win. Let's check in again in two years.
The bump starting Wednesday was 100% due to the results of the election. Time will tell where we head and wind up for sure.
Yeah, because Biden's political polices suddenly evoked a huge and massive increase in the stock-market... and that because the people knew he was done and POTUS? Yeah... that's a "Biden bump"...if you look at it that way.
It’s still going on Biden’s tally…. you can’t have it both ways… Over 1/3 of Trumps total market gains ( which were relatively low) he is credited with came AFTER the 2020 election, and the markets were excited to have someone intelligent and normal running the country again. Nobody tries to take away his participation trophy….
So, when Donald Trump takes credit for the ~10% increase in the S&P 500 that occurred after he lost the election in 2020, he is wrong, and it was due to Biden being elected, right?
Deregulation, no more anti-trust...reward capital, punish labor. all those blue collar people voting on the economy and inflation don't even know what they voted for
In fairness the Biden admin has been crazy hard going after “monopolies”. M&A has dried up for fear of getting smacked. Far too tight by most level headed people. Not sure where I see labor being punished.
Suddenly this terrible economy is a wonderland of opportunity for Rick.... I wonder what happened? So funny your reality is shaped so easily. When will republicans claim the economy is booming? | Swamp Gas Forums