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From Reagan to Trump: Here's how stocks performed under each president - Printable Version +- Cincinnati Bengals Message Board / Forums - Home of Jungle Noise (http://thebengalsboard.com) +-- Forum: Off Topic Forums (http://thebengalsboard.com/Forum-Off-Topic-Forums) +--- Forum: Politics & Religion 2.0 (http://thebengalsboard.com/Forum-Politics-Religion-2-0) +---- Forum: P & R Archive (http://thebengalsboard.com/Forum-P-R-Archive) +---- Thread: From Reagan to Trump: Here's how stocks performed under each president (/Thread-From-Reagan-to-Trump-Here-s-how-stocks-performed-under-each-president) |
From Reagan to Trump: Here's how stocks performed under each president - GMDino - 08-14-2019 One of DJT's favorite talking points is how the stock market is doing the best "ever". And while we all know he is a lying POS who not only doesn't understand he also doesn't care to understand as long as he can "brag" about something, it's also good to see actual facts about such things, IMHO. https://www.cnn.com/interactive/2019/business/stock-market-by-president/index.html Quote:Data updated August 13, 2019 The link as more details for each presidency. RE: From Reagan to Trump: Here's how stocks performed under each president - CJD - 08-14-2019 He's the best Republican President in regards to the Stock Market in nearly 27 years. You can't take that away from him, at least. RE: From Reagan to Trump: Here's how stocks performed under each president - GMDino - 08-14-2019 (08-14-2019, 02:30 PM)Crazyjdawg Wrote: He's the best Republican President in regards to the Stock Market in nearly 27 years*. *so far. ![]() RE: From Reagan to Trump: Here's how stocks performed under each president - Yojimbo - 08-14-2019 Not looking good lately. RE: From Reagan to Trump: Here's how stocks performed under each president - jj22 - 08-14-2019 https://www.msn.com/en-us/money/markets/dow-closes-800-points-lower-in-worst-day-of-2019/ar-AAFzdHm?ocid=ientp Not the news Trump wants to hear. RE: From Reagan to Trump: Here's how stocks performed under each president - Goalpost - 08-14-2019 What's interesting is that our economy is fine. It's the world economies that are bad. Germany reported a shrinking GDP today. Europe is also dealing with Brexit. Japan has just been so so. And of course China is messing with their currency to offset tariffs. Hong Kong is a story also. The inverted yield curve is an issue but it has not happened to my knowledge at such a low rate..under 2 percent. It's a recession predictor. RE: From Reagan to Trump: Here's how stocks performed under each president - Yojimbo - 08-14-2019 (08-14-2019, 06:04 PM)Goalpost Wrote: What's interesting is that our economy is fine. It's the world economies that are bad. Germany reported a shrinking GDP today. Europe is also dealing with Brexit. Japan has just been so so. And of course China is messing with their currency to offset tariffs. Hong Kong is a story also. The inverted yield curve is an issue but it has not happened to my knowledge at such a low rate..under 2 percent. It's a recession predictor. Our economy is not fine. Consumer debt is at a record high and default on loans has been growing for almost two years. Wages have remained stagnant while the stock market and earnings of the 1% has skyrocketed. Manufacturing is down, new house sales/construction is down. RE: From Reagan to Trump: Here's how stocks performed under each president - Benton - 08-14-2019 (08-14-2019, 06:04 PM)Goalpost Wrote: What's interesting is that our economy is fine. It's the world economies that are bad. Germany reported a shrinking GDP today. Europe is also dealing with Brexit. Japan has just been so so. And of course China is messing with their currency to offset tariffs. Hong Kong is a story also. The inverted yield curve is an issue but it has not happened to my knowledge at such a low rate..under 2 percent. It's a recession predictor. (08-14-2019, 06:25 PM)Yojimbo Wrote: Our economy is not fine. Consumer debt is at a record high and default on loans has been growing for almost two years. Wages have remained stagnant while the stock market and earnings of the 1% has skyrocketed. Manufacturing is down, new house sales/construction is down. Well said. We've got more people working, which is a positive, but they're working more low wage jobs. So they aren't contributing much to economic growth and even less to the tax base. But our debt keeps going up and there's not a lot foreshadowing wage increases, either politically or by market demand. RE: From Reagan to Trump: Here's how stocks performed under each president - Yojimbo - 08-14-2019 (08-14-2019, 08:24 PM)Benton Wrote: Well said. Only thing that’s been moving wages the last 2-3 years is the “Fight for $15” and voter initiated ballot measures raising the minimum wage. The “free market” theory that low unemployment would raise wages has fallen flat on its face. RE: From Reagan to Trump: Here's how stocks performed under each president - Benton - 08-15-2019 (08-14-2019, 11:55 PM)Yojimbo Wrote: Only thing that’s been moving wages the last 2-3 years is the “Fight for $15” and voter initiated ballot measures raising the minimum wage. The “free market” theory that low unemployment would raise wages has fallen flat on its face. Yeah, most companies put a dollar amount on what they're willing to pay, not what they have to pay. There's a cookie plant in my area that pays around $12 an hour. They're regularly 25-30 percent short on staff and every few years talk about moving (or the company sells to another one). But they view it as a $12 an hour job and don't budge. RE: From Reagan to Trump: Here's how stocks performed under each president - Goalpost - 08-15-2019 https://tradingeconomics.com/united-states/consumer-confidence https://www.conference-board.org/data/ConsumerConfidence.cfm Consumer confidence and Consumer sentiments were fine in July. RE: From Reagan to Trump: Here's how stocks performed under each president - Benton - 08-15-2019 (08-15-2019, 01:22 AM)Goalpost Wrote: https://tradingeconomics.com/united-states/consumer-confidence That's not an indicator of a strong economy, only the public perception of it. Like judging a stripper. Sure, she looks healthy on the outside... RE: From Reagan to Trump: Here's how stocks performed under each president - jj22 - 08-15-2019 Trumps taken a Porsche (Obama economy he inherited) and drove it into the ditch in less than 3 years. The recession fears are legit. For the sake of those ready to retire and have money in stocks, I hope it doesn't hit as hard as it did in 2009. RE: From Reagan to Trump: Here's how stocks performed under each president - Belsnickel - 08-15-2019 Economies run in cycles. We're due for a recession, all the indicators are there. Much like with climate change, which also runs in cycles, we can do things that either help or hurt the situation. The trade war is one of those things that may exacerbate the situation and hasten the arrival of a recession and/or cause it to be a deeper recession. As for the stock market itself, it a speculative indicator of the economy, but not the economy itself. Yeah, seeing some of the things going on can throw up warning flags for the economy, but it's not the be all end all. RE: From Reagan to Trump: Here's how stocks performed under each president - GMDino - 08-15-2019 (08-15-2019, 10:05 AM)Belsnickel Wrote: Economies run in cycles. We're due for a recession, all the indicators are there. Much like with climate change, which also runs in cycles, we can do things that either help or hurt the situation. The trade war is one of those things that may exacerbate the situation and hasten the arrival of a recession and/or cause it to be a deeper recession. Yep. Which is why "taking credit" for it is silly. I agree with your take. RE: From Reagan to Trump: Here's how stocks performed under each president - Mike M (the other one) - 08-16-2019 (08-14-2019, 11:44 AM)GMDino Wrote: One of DJT's favorite talking points is how the stock market is doing the best "ever". "During Trump’s presidency, the S&P 500 has gained 25% from inauguration day through August 15. " Once the election was done and Trump was the winner, stocks shot up big time, and when Obama inherited the SM, there was really no where to go but up. It's not really a good assessment for judging how well a Presidents policies are. There is so many factors involved in determining if a POTUS is a successful one or not. RE: From Reagan to Trump: Here's how stocks performed under each president - Mike M (the other one) - 08-16-2019 (08-15-2019, 01:37 AM)Benton Wrote: That's not an indicator of a strong economy, only the public perception of it. Why does she glow???? Oh she's got a glow stick..... :andy: RE: From Reagan to Trump: Here's how stocks performed under each president - GMDino - 08-16-2019 (08-16-2019, 12:28 PM)Mike M (the other one) Wrote: "During Trump’s presidency, the S&P 500 has gained 25% from inauguration day through August 15. " Totally agree. That's why I said he like to "take credit" for it and lie about it. RE: From Reagan to Trump: Here's how stocks performed under each president - Mike M (the other one) - 08-16-2019 (08-16-2019, 12:37 PM)GMDino Wrote: Totally agree. That's why I said he like to "take credit" for it and lie about it. Yea, but when things are going well, every POTUS will take credit. It's just the nature of the Job and they will downplay things that aren't going well. this is nothing new and not your first rodeo with a POTUS doing this. RE: From Reagan to Trump: Here's how stocks performed under each president - Yojimbo - 08-21-2019 Some more news that shows the economy isn’t had healthy as we’re being told. “Turns out hiring wasn’t nearly as strong in 2018 and early 2019 as the government initially reported — by about a half-million jobs. The economy had about 501,000 fewer jobs as of March 2019 than the Bureau of Labor Statistics initially calculated in its survey of business establishments. That’s the largest revision since the waning stages of the Great Recession in 2009.” https://news.google.com/articles/CAIiEMCcnP4noh9LY41NsqDGPvoqGAgEKg8IACoHCAowjujJATDXzBUwiJS0AQ?hl=en-US&gl=US&ceid=US%3Aen |