Biden’s 100-day stock market performance is the hottest going back to the 1950s

Discussion in 'Current Events' started by peacelate, Apr 28, 2021.

  1. Dutch

    Dutch Well-Known Member Past Donor

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    Lemmi help yea… was it Jan 6 2021?

    Sure balances out a year of cop killings, arson, looting, terrorizing and mostly peaceful riots by the tolerant, enlightened, liberal Democrats!
     
  2. Darth Gravus

    Darth Gravus Banned

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    you willing to wager on that?
     
  3. Shinebox

    Shinebox Well-Known Member

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    the people you describe are not democrats ... I'm sure a very tiny percentage actually vote ...

    what you are describing are criminal scumbags whether the hood rats or the pink haired methheads ...
     
  4. George Bailey

    George Bailey Well-Known Member

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    Had some discussions earlier. Anticipate a bull market for a few more years. All this stimulus cash will push it hard. Inflation will kill any money you have that isn't growing. You better get in now.

    I am gonna go smoke a cigar and play some golf.
     
    Last edited: Apr 29, 2021
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  5. Dutch

    Dutch Well-Known Member Past Donor

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    All as one voted for sleepy Joe and other Democrats, I’m sure of that.
     
  6. Dutch

    Dutch Well-Known Member Past Donor

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    :applause:
     
  7. VanCleef

    VanCleef Well-Known Member

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    The economy does better under Dems. Everyone knows this.
     
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  8. George Bailey

    George Bailey Well-Known Member

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    How is that possible? What dem policy stimulates the economy? Regulation? No. Taxes? No. Trade deals? No. How?

    If there is something I am missing as an investor please let me know.
     
    Last edited: Apr 29, 2021
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  9. VanCleef

    VanCleef Well-Known Member

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    No one is 100% certain of why, but it is a fact. The economy does better under Dems, and it will likely do better under Biden than it did for Trump going by multiple forecasts and analytics.

    The study in my signature gives some theories.
     
    Last edited: Apr 29, 2021
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    That's not going to get there, the best chance for a more fiscally responsible government is in the Republican party weeding out the RINO's. And yes we grew the economy faster than the government in the late 1990's and mid 2000's producing the surpluses and measly deficits. We're poised to do it again but Biden is going to blow again. I found it ironic the the man who oversaw the worst recovery in modern history was today visiting the man who arguable was worse than that after announcing he would pursue those same failed policies last night.
     
  11. sammy

    sammy Well-Known Member

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    The real problem with cheatin Biden is that his policies will tank the market eventually and then
    he will have to blame it on Trump. Joe and his wife cheated on her husband while she was working on Biden's campaign, so he has no moral authority on any level. Talk about a cheater for a first lady, we have one currently
    in Jill Biden.
     
  12. George Bailey

    George Bailey Well-Known Member

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    Jill Biden did what?
     
  13. George Bailey

    George Bailey Well-Known Member

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    My portfolio needs more than that. Let me pull up some graphs.
     
  14. VanCleef

    VanCleef Well-Known Member

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    Well I'm just stating a recorded historical and economical fact, your portfolio won't change that. The economy does better under Democrats on average. This include Obama vs Trump and highly likely Biden vs Trump going by multiple analytics.
     
    Last edited: Apr 29, 2021
  15. JET3534

    JET3534 Well-Known Member

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  16. peacelate

    peacelate Banned

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    The increase in can be revenue can also be explained from *GASP* increased spending in the public sector leading to more government jobs. Also, we were fighting 2 wars, which can create jobs, but not as much as spending in other areas of the public sector.

    Higher tax rates for lower government revenues? You should ask Kansas how lower taxes across the board worked for them.
     
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  17. George Bailey

    George Bailey Well-Known Member

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    By what metric? What index? Be very specific.
     
  18. Darth Gravus

    Darth Gravus Banned

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    If this is the case then there is ZERO chance for a more fiscally responsible government. The last fiscally responsible Republican president was Calvin Coolidge.
     
  19. Darth Gravus

    Darth Gravus Banned

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    What the hell are you talking about?

    Can you provide anything at all to support this claim?
     
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  20. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Happy to be of help:

    [​IMG]

    So, we can see that the stock market did very well under Clinton and Obama, but poorly under GWB (the so-called lost decade). To be fair, however, the 2001 crash wasn't Bush's fault, he inherited it, just like Obama inherited the 2008 crash.

    It is of note, however, that the major crashes seemed to have occurred under GOP presidents (the great depression and great recession). Could it be that the GOP pump and dump policies, which favor short term economic growth by tax-cut fuel, contribute to the subsequent crashes?

    Me? I don't let the party that occupies the WH affect my investing behavior. Time in the market beats timing the market.
     
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  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    No there people more fiscally responsible we just have to make sure they win elections. As I have noted Bush43 was mostly fiscal conservative. The $600 PREbate they did to stimulate the economy didn't do anything. It wasn't just a hand out of cash it was a prebate on what the tax rates cuts would do but otherwise you would not get until you filed. Of course the MSM jumped on it claiming SEE you didn't get a tax cut when everyone file. It was a mistake to phase in the tax rate cuts as they did but he and the Reps saw than and passed legislation to immediately put them in place and the economy took off and revenues poured in. Same with Gingrich and Kasich, Kasich whom I can't figure out now I vote for him in primaries but he's kinda wacked out recently, they were fiscal conservatives and look what they accomplished with their polices and fiscal management.


    You will CERTAINLY NOT find any in the Democrat party and Biden is proving that is spades and he supposed to be a MODERATE Democrat!
    It did well under Clinton after he lost control of the Congress to Republicans. It got better under Obama the more the Republicans took back the Congress. The economy doesn't turn on who is President it turns on which party, which economic polices, are in majority control.
     
  22. Bluesguy

    Bluesguy Well-Known Member Donor

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    But the historical explanation is we had more economic activity and we had more tax payers and fewer people as a government expense. The gains were in the private sector and no it wasn't because we were paying soldiers or buying bullets. The economic gains were across the board and Kansas did better than surrounding areas. How about we look at the historical data. Did we collect more revenue under the Clinton 29% capital gains rate or the Bush43 15% rate? Did we create budget surpluses and measly deficits under under Republican fiscal policy and budgets or Democrat?

    And again here's the question are you willing to trade lower government revenues for higher tax rates? If so explain why.
     
  23. Darth Gravus

    Darth Gravus Banned

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    A man that more than doubled the national debt in 8 years is your idea of mostly fiscal conservative?

    No wonder we never elect anyone actually fiscally conservative
     
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  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    The man whose budgets with a Republican Congress lowered the deficit to a paltry $161B. THEN the Democrats took back the Congress and took the deficit to $1,400B two years later and kept it over $1,000B for the next four years with only the Republicans taking back the House and then the Senate cutting it with their sequester and austerity policies.
     
  25. George Bailey

    George Bailey Well-Known Member

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    Good point. Congress has the checkbook. I would like to see the graph of that.
     

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