Guest November 12, 2019 (edited) Feel free to look up your own Dow/Nasdaq/SP500 ... don't just rely on copy and pastes, they can make for painful viewing ... Other 'leaders' are world famous for really groundbreaking things ... Edited November 12, 2019 by Guest Quote Share this post Link to post Share on other sites
Enthalpic + 1,496 November 12, 2019 Too easy - nice try It's not too hard for the economy to recover after a huge disaster/bailout and with federal interest rate cuts. Who cares about debt? Quote Share this post Link to post Share on other sites
Guest November 12, 2019 (edited) LOL 🤣 , of course you can't give any credit. Yeah all of that was Trump's fault too? He won, there was a vote, get over it, jeez, not even your country. Cheers. Edited November 12, 2019 by Guest Quote Share this post Link to post Share on other sites
Zhong Lu + 845 November 12, 2019 (edited) You could do the same with Obama. He was inaugurated with the S&P below 1000. By the time he left it was @ 2000. Edited November 12, 2019 by Zhong Lu Quote Share this post Link to post Share on other sites
Guest November 12, 2019 Could do yep. He also got Nobel Prize and spied on the whole country. He's my hero. Quote Share this post Link to post Share on other sites
Zhong Lu + 845 November 12, 2019 (edited) I would argue no president is a hero and should never be treated as such. After all they're just government bureaucrats. Edited November 12, 2019 by Zhong Lu 1 Quote Share this post Link to post Share on other sites
Guest November 12, 2019 (edited) LOL was being sarcastic @Zhong Lu. If I say someone is my hero, I probably can't stand them. How are your trades going? Edited November 12, 2019 by Guest Quote Share this post Link to post Share on other sites
Zhong Lu + 845 November 12, 2019 (edited) Good. Out of everything now. UGAZ went well. Sold a week ago. You? Edited November 12, 2019 by Zhong Lu Quote Share this post Link to post Share on other sites
Guest November 12, 2019 Yeah all good man, been a weird week but volatility always a bonus Quote Share this post Link to post Share on other sites
Zhong Lu + 845 November 12, 2019 (edited) Yes. Edited November 12, 2019 by Zhong Lu Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 12, 2019 4 hours ago, Enthalpic said: Too easy - nice try It's not too hard for the economy to recover after a huge disaster/bailout and with federal interest rate cuts. Who cares about debt? Obama took eight years to do far less while doubling the national debt. 1 1 Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 12, 2019 2 hours ago, Zhong Lu said: You could do the same with Obama. He was inaugurated with the S&P below 1000. By the time he left it was @ 2000. Obama took eight years and doubled the national debt! Quote Share this post Link to post Share on other sites
ronwagn + 6,290 November 12, 2019 1 hour ago, Zhong Lu said: I would argue no president is a hero and should never be treated as such. After all they're just government bureaucrats. Quote Share this post Link to post Share on other sites
Zhong Lu + 845 November 13, 2019 A Trump supporter is complaining about someone else running up the debt? That's interesting. What's the national debt now under Trump? 2 Quote Share this post Link to post Share on other sites
Enthalpic + 1,496 November 13, 2019 1 hour ago, Zhong Lu said: A Trump supporter is complaining about someone else running up the debt? That's interesting. What's the national debt now under Trump? +1 in forum terms, in reality much more Quote Share this post Link to post Share on other sites
Guest November 14, 2019 Look at the title everyone. Sums up the Dems here and in USA. I rest my case. Cheers. #snowden #recordhighs #class Quote Share this post Link to post Share on other sites
Rasmus Jorgensen + 1,169 RJ November 14, 2019 All hail Trump Quote Share this post Link to post Share on other sites
Rasmus Jorgensen + 1,169 RJ November 14, 2019 (edited) 2 hours ago, DayTrader said: Look at the title everyone. Sums up the Dems here and in USA. I rest my case. Cheers. #snowden #recordhighs #class Look at @Zhong Lus comment re debt... any factual comments to this? or just err... but "some Obama nickname"s fault... Edited November 14, 2019 by Rasmus Jorgensen Quote Share this post Link to post Share on other sites
Guest November 14, 2019 (edited) I don't know the precise figure funnily enough, and never said anything economy wise was Obama's 'fault' did I? Maybe you should read who said what - it might help. Also, I dunno why you always say O'bama with an apostrophe. Cheers. Edited November 14, 2019 by Guest Quote Share this post Link to post Share on other sites
Guest November 14, 2019 (edited) All hail EU. Edited November 14, 2019 by Guest Quote Share this post Link to post Share on other sites
Rasmus Jorgensen + 1,169 RJ November 14, 2019 1 minute ago, DayTrader said: I don't know the precise figure funnily enough, and never said anything economy wise was Obama's 'fault' did I? Also, I dunno why you always say O'bama with an apostrophe. Cheers. sorry. That was @ronwagn. haha I don't even know how to spell his name - guess I am no Obama cheerleader.. Quote Share this post Link to post Share on other sites
Rasmus Jorgensen + 1,169 RJ November 14, 2019 2 minutes ago, DayTrader said: All hail EU hahahah Quote Share this post Link to post Share on other sites
Otis11 + 551 ZP November 14, 2019 (edited) 3 hours ago, DayTrader said: I don't know the precise figure funnily enough, and never said anything economy wise was Obama's 'fault' did I? Maybe you should read who said what - it might help. Also, I dunno why you always say O'bama with an apostrophe. Cheers. Isn't Excel Great? So it looks to me that, to date, not correcting for anything, Trump has slightly edged out Obama's economic performance (but probably within margin of error, so essentially equal) But there are a number of things to correct for. Most importantly, Obama took over in the pits of the 2008 financial crisis. If he had no impact, historical data would suggest a recovery (aka back to 90% of peak - roughly 1403, so 90% would be 1263 or a 43% improvement) within 6-36 months. By this, we should have seen that recovery by 11/1/2011 at the latest if he had no effect whatsoever. This is exactly what we see. So Obama's first term was exactly the minimum expectation, meaning he did nothing in his first 3 years that had a statistically significant impact on the economic recovery. (Just facts, no personal opinions here) Trump took over during a historic bull market. Statistically, we would have already expected a price correction (More likely a recession/depression) and, reasonably would be back most of the way to a recovery. Therefore the economy should be at about 1,900-2,100 SP500. It's 54.8% higher than that. Statistically this is an anomaly, meaning something during Trump's administration has happened to boost the economy above what historical data would suggest. (Again, all data, no opinions here) Take from that what you will. That's just what the numbers say. I have my opinions as to why this is, but we'll keep this post purely facts. Edited November 14, 2019 by Otis11 3 1 Quote Share this post Link to post Share on other sites
Guest November 14, 2019 Humph. Sniffle. But what about the wall? Quote Share this post Link to post Share on other sites
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