From Reagan to Trump: Here's how stocks performed under each president

[Benton]

(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.