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| SOOPOO Member since: Feb 19, 2014
Threads: 25
Posts: 5738 | Quote: GenoDRPh Quote: SOOPOO Quote: terapined1 Quote: missedhervee Quote: fleaswatter
"Shocked," you say? You'd be even more "shocked" had the market not been temporarily lobotomized by the Iran Fiasco. By now it would probably be a helluva lot higher than it is now, given the AI mania now fueling the market.
DOW would be at 55k with Harris as President It's a no brainer No war. No tarriffs. Low gas prices. Win win win 😉
Talk about moving the goalposts! This thread is ‘market crashing’, and now that it hasn’t, let’s just live in a fantasy world that the market would be doing better in a Harris administration. The market would have plummeted the day she was elected, and perhaps would have eventually recovered. No way to know. But it is LAUGHABLE that Ed thinks he can KNOW what the Dow would be if Harris had won! Like Ed, I do worry about Trump effing things up! But I also am confident in the resiliency and upward nature of the markets, no matter who is President. MrV keeps touting that this is an AI driven market! Does he for ONE SECOND think if the Dims controlled Presidency/Senate/House there wouldn’t be additional crushing regulations hamstringing the businesses that are on the AI forefront? Ed says ‘most Americans are suffering’ do to higher gas prices! Most? Suffering? Talk about a drama queen! I’d say most Americans would prefer to pay lower gas prices, but are adjusting accordingly.
If what you say is true, then why do markets and GDP growth do better under Dem Presidents than GOP Presidents, since at least 1992?
Trump 1, 7.8 trillion increase in national debt. Biden 8.4 trillion increase in national debt. And a bunch of the Trump increase was to stupid giveaways to non working people and businesses. Due to COVID. ALL Presidents since Obama are saddled with the hundreds of billions of dollars of Obamacare, which essentially is just a direct add to the debt year after year since neither side was willing to raise taxes to pay for it. |
