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Thu Dec 28, 2017, 02:25 PM

Donald Trump took office at the beginning of 2017, and this chart tells two sides of that story





https://www.ft.com/content/7020a6e4-e4e3-11e7-8b99-0191e45377ec

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Reply Donald Trump took office at the beginning of 2017, and this chart tells two sides of that story (Original post)
kpete Dec 2017 OP
SWBTATTReg Dec 2017 #1
C_U_L8R Dec 2017 #2
No Vested Interest Dec 2017 #3
ProfessorGAC Dec 2017 #4
ProudLib72 Dec 2017 #5

Response to kpete (Original post)

Thu Dec 28, 2017, 02:30 PM

1. Yeah, and the vast majority of us aren't benefiting from this...

no wonder tRUMP is clueless as to why his approval ratings keep dropping...the majority of us aren't seeing this in our paychecks or anywhere else for that matter, no lower prices, no higher wages for the most part, no huge job hires (other than seasonal), dollar is falling constantly (which means prices are going up if tied to dollar exchange rate), etc.

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Response to kpete (Original post)

Thu Dec 28, 2017, 02:33 PM

2. Just imagine how high the markets would go

if Trump were out of office completely.
This chart seems to imply it could be huge. The hugest.

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Response to kpete (Original post)

Thu Dec 28, 2017, 03:14 PM

3. The financial markets are up worldwide, not just the US markets.

I'm not knowledgeable enough (or with a good enough memory) but clearly the Trump presidency is not responsible for the overall rise of the markets.

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Response to kpete (Original post)

Thu Dec 28, 2017, 03:26 PM

4. I See No Change In The S&P Trendline

IOW, it was going up the whole time, and since it starts before "it" took office, it means nothing has changed due to anything this maladministration has done.

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Response to kpete (Original post)

Thu Dec 28, 2017, 03:28 PM

5. Sorry, but I don't feel there is a direct causal relationship between the two

It's more complex than that. More importantly, it takes time for the market to be affected by legislation. I think the market's upward trend is all speculative. Now that the tax bill is over and there has been a lot of deregulation, we will see what happens in the next six months.

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