Posted on 01/29/2024 3:16:12 PM PST by zeestephen
Trump claimed that investors are betting he will win the 2024 presidential election...Trump cited no evidence to back up the claim..."THIS IS THE TRUMP STOCK MARKET," Trump claimed in an all-caps Truth social post, "BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN..."
(Excerpt) Read more at cnbc.com ...
These same jokers would turn around and blame Trump and tax cuts if a massive recession occurred during the Biden years.
Covfefe is for closers only!
He may be right. When Obama won, businesses began pulling back and laying people off before he even took office. In 2016 after Trump won the recovery began before the inauguration.
“He may be right”
Of course he is right. He is a financial expert with world class experience and he goes not lie.
What a joke, irresponsible Fed Policies are Juicing the Market and nothing else, the only reason the market went up under Trump was the Fed’s ZIRP policy and cheap credit as you could get no return on CD’s and Bonds. Trump probably will want cheap rates again and not push for sound Fiscal Policies that we need. Everything so far has been an Illusion, Powell back tracked in late November and decided inflation’s under control, which it is not. Rates realistically should go to 10% but that force a recession and the expulsion of all the debt out of the economy which is much needed but will not happen.
Look at the markets just prior to the 2007/08 disaster.
Does anyone believe MSM?
President Trump is right!
I’m an active investor and I would agree with Trump. The more it looks like a Trump victory, the brighter the outlook for the future is (economic and otherwise).
The market does price in expected outcomes. His polls may affect some projected earnings both good and bad.
Happened in 2015. That golden escalator ride.
Adjusted for Biden inflation, the stock market is down considerably from its high.
The stock market is where a lot of the money the government prints winds up.
The rich can only buy so much planes, boats,houses and land.
Why not, they blame Trump for everything that happens under Biden
The standard machine-based approach is to judge presidents on things that happened on their watch including the stock market.
However the reality is president’s policies bleed over and affect other administrations. So Trump’s claim while unconventional is probably valid.
there is also the reality that the stock market is affected by things besides Presidential policies so one can make or lose money regardless of whether an R or D is in the WH. Not smart to invest based purely on politics.
Trump did what he could, with the entire government fighting him
Another insurrection statement!
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