Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

Discussion in 'Current Events' started by Andrew Jackson, Mar 12, 2020.

  1. Andrew Jackson

    Andrew Jackson Well-Known Member

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    The four charts below show the gains for the Dow 30 Industrials that Trump tends to tweet and talk about and the S&P 500, which provides a broader view of the stock market.

    The first two start with inauguration dates. Since their respective inaugurations the Dow is up 19% under Trump and over the same timeframe it increased 65% under Obama.

    (Emphasis Added)

    (Also, keep in mind, this article was posted BEFORE Today"s Crash)

    https://www.forbes.com/sites/chuckj...s-the-dow-enters-bear-territory/#cb2c7b7776c6

    So?

    What was the Big deal about Trump's Stock Market Again?

    These charts show that Obama's Market did BETTER.

    And these chas don't even take into account today's catastrophic LOSSES.

    Thoughts?
     
  2. Trump Gurl

    Trump Gurl Banned

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    They show fake news and ignorance.

    Trends matter. Snapshots in time do not.

    There is no downward trend. As soon as the virus blows by the market will be back up.

    You don't know very much about the market do you.
     
  3. Andrew Jackson

    Andrew Jackson Well-Known Member

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    All that I see in "Trump's Markets" are LOST VALUES in the TRILLIONS.

    Just in the last month.

    Is that what "Winning" and #MAGA are all about?

    Hopefully (after today's massive) dip, Trump's Market is reaching bottom.

    People's 401k gains (since Jan.2017) have been (virtually) wiped out.
     
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  4. MrTLegal

    MrTLegal Well-Known Member

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    We are in a bear market. That means that the stock has fallen at least 20% off a recent high.
     
  5. Trump Gurl

    Trump Gurl Banned

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    And they will be back. That's how it goes.

    My family has made tons of money in the market. This means nothing.
     
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  6. waltky

    waltky Well-Known Member

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    Granny got her money...

    ... in Chinese rickshaws.
     
  7. struth

    struth Well-Known Member

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    It took Eurasia to essentially be shut down for Trump's worse to match Obama's best numbers.

    Gotcha
     
  8. vman12

    vman12 Well-Known Member Past Donor

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    Charmin stock is way up.
     
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  9. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    Of course the markets are down. Anyone trying to make this political is just an *******.

    When the Corona Virus diminishes, the markets will explode up.
     
    Last edited: Mar 12, 2020
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  10. MrTLegal

    MrTLegal Well-Known Member

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    If you think you know more about the stock market than the folks who are currently invested and loosing trillions, you should rethink whether you actually know anything.
     
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  11. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Honestly, MrT., regardless of anyone's political lean:

    It seems utterly unfathomable that anyone would claim that:

    "There is no downward trend".

    The Market HAS LOST/IS LOSING Trillions.
     
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  12. Andrew Jackson

    Andrew Jackson Well-Known Member

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  13. Vote4Future

    Vote4Future Well-Known Member

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    After making TRILLIONS in 2019...another failed post.
     
  14. MrTLegal

    MrTLegal Well-Known Member

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    Last edited: Mar 12, 2020
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  15. Andrew Jackson

    Andrew Jackson Well-Known Member

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    That was then, This is NOW.
     
  16. mpw8679

    mpw8679 Well-Known Member

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    Just wait for the market to recover and the left will be praising Obama’s economy again.
     
  17. The Mello Guy

    The Mello Guy Well-Known Member

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    Of course. Trump gets credit for the good, and absolved for anything bad.
    Least accountable president in history.
     
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  18. edthecynic

    edthecynic Well-Known Member

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    Wait just a minute there Slick, Tramp told us that the virus was already diminishing to near zero in a few days on Feb 26, 2020, so why aren't the markets exploding up?????

    https://www.whitehouse.gov/briefing...bers-coronavirus-task-force-press-conference/

    And again, when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done.

    Donald Jackass Tramp, James S. Brady Press Briefing Room

    February 26, 2020
     
    Last edited: Mar 12, 2020
  19. FlamingLib

    FlamingLib Well-Known Member

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    I wouldn't necessarily bash Trump over a market crash that was going to happen anyway, but I wasn't the one that kept bragging about the market.

    Live by the DJIA, die by the DJIA. Sucks to be you, right now, Trump.
     
  20. MrTLegal

    MrTLegal Well-Known Member

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    Meanwhile Trump defenders are left going, "ooohh...you just wait, that bounce back is coming real soon....just you wait....it's coming....it'll happen any minute now...."
     
  21. Andrew Jackson

    Andrew Jackson Well-Known Member

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    In Trump's Eyes, he actually believes that.

    Trump takes credit for the Good Work of Others and nothing is ever his fault (as he tries to saddle others with his failures).

    FACT: This Market Crash is 100% on Trump. He OWNS it. Period.
     
    Last edited: Mar 12, 2020
  22. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Lost 10% of it's Value Today. -2,352

    Market is STILL "Looking for a Bottom".

    Closed at 21, 200.

    Wow...:smh:
     
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  23. FlamingLib

    FlamingLib Well-Known Member

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    Trump spoke and the markets logged one of their worst days ever.
     
  24. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Feb. 12, 2020....29,551

    March 12, 2020 (29 Days Later)...21,200

    -8, 351

    #MAGA Winning!:salute:
     
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  25. MrTLegal

    MrTLegal Well-Known Member

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    upload_2020-3-12_16-30-24.png

    And then the DOW went on to log the 4th largest percentage drop and the single largest raw point drop.
     
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