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progree

(10,904 posts)
26. ***YES I AM, ABSOLUTELY***. I don't think Trump can be beaten in November if the stock market
Sat Feb 29, 2020, 08:29 PM
Feb 2020

is strong like it was for the past 3 years (the S&P 500 is up more than 30% since the last close before inauguration day, and more like 35% up when dividends are included), and with continuing decent-to-good job reports. I really don't. I think the ONLY way he is going to lose is if those numbers go south before the election.

Look kiddos, the stock market is inevitably going to go into a bear market in the next few years at most anyway -- just look at any graph of the Dow or S&P 500. If anyone is an idiot enough to think "things are different, we know how to control these things now", then they need to see their doctor.

If we're going to get a bear market or a crash, the best time for it is soon, not after November.

Otherwise we're going to have Trump for 4 more years to finish what he's started and 2 more of his Supreme Court picks and continuing attempts at dismantling healthcare which already amounts to a Great American Genocide (a big increase in the number of uninsured, and no, emergency rooms do not provide comprehensive medical care, they just stabilize you and then give you recommendations for doctors and specialists to see that the uninsured can't afford to see, and a fistful of prescriptions that the uninsured can't afford to fill (and lots of insured people too with astronomical deductibles and copays).

And look at his response to Coronavirus so far.

And that psychopath can launch nuclear weapons at any time.

And with a good stock market and economy (at least according to the official numbers), that will help get more Republican congresspeople and state legislators elected too than otherwise.

Four more years of Trump will do a hell of a lot more harm to the economy in the medium and long-term and Americans than a pullback in the stock market through November. Far more. Far far more.

I have most of my nest egg in equities, and I'm old and long retired, so I'm not happy either watching the balance go down down down. But if it gets the psychopathic nuclear-button-enabled shit maggot out of office, it is absolutely, completely, and totally worth it.

And the stock market always recovers and goes on to set new all-time highs. It always has. It has never, ever, set a new all-time low. Never.

People don't lose in a market downturn unless they panic and sell. If you hold on, it's a temporary paper loss.

The choice: a temporary paper loss before November, or having the psychopathic nuclear-button-enabled shit maggot for 4 more years?

And as I said, the stock market is due for a crash anyway, whether now or in a few years, (again look at some graphs of the S&P 500 or Dow), so those who explode into tears about now wanting to see their IRAs go down big -- do you really think that's not going to happen in the next few years? It's inevitable. (And it will recover if you hold on). I just prefer it happen before November.

Of course not, that is nonsense. mahina Feb 2020 #1
The financial hit is worth it if it takes down Trump budkin Feb 2020 #2
Having gas at about $5 a gallon Dagstead Bumwood Feb 2020 #5
Yeah, that'd be great. cwydro Feb 2020 #9
Didn't think it necessary Dagstead Bumwood Feb 2020 #17
Good. Sorry, but I have seen people here hoping for that. cwydro Feb 2020 #19
I focus all of my negative thoughts and wishes Dagstead Bumwood Feb 2020 #22
With you on that! cwydro Feb 2020 #25
Well, more than just one person... Wounded Bear Mar 2020 #40
focus harder! n/t orleans Mar 2020 #46
I'm re-watching Dagstead Bumwood Mar 2020 #48
I know we're sorta friends and all (maybe not after this) but I'm rooting for $10/gallon gas mr_lebowski Mar 2020 #78
I'm not in favor customerserviceguy Mar 2020 #60
Neither am I Dagstead Bumwood Mar 2020 #81
If people were serious about reducing fossil fuel usage, it needs to be much higher than $5 MichMan Mar 2020 #71
I paid 1.95 at the pump today. Dagstead Bumwood Mar 2020 #82
Sell! Sell! Sell! Shermann Feb 2020 #3
I've been expecting the market drop, and been accused of 'rooting for it'... Wounded Bear Feb 2020 #4
Same here. LuvNewcastle Mar 2020 #39
Despite how incompetent the Trump Administration is yuiyoshida Mar 2020 #84
I'm sure not, but I've seen that on DU. cwydro Feb 2020 #6
It has crossed my mind, but no. Polly Hennessey Feb 2020 #7
Insane... I lost $5500 on my RSUs lapfog_1 Feb 2020 #8
Looks like you're getting your answer in several responses to this thread. cwydro Feb 2020 #10
I'm rooting for COVID-19 to get Drumpf and Pence, actually. n/t rzemanfl Feb 2020 #11
What rzemanfl said. Sugar Smack Feb 2020 #15
Wall Street is full of crooks GusBob Feb 2020 #12
If rooting for something caused it intrepidity Feb 2020 #13
If Coronavirus causes a stock market collapse, that means more disease and more deaths. Cousin Dupree Feb 2020 #14
I'm rooting for sane government that values lives over politics flibbitygiblets Feb 2020 #16
Only ones I see spreading things like this Andy823 Feb 2020 #18
Fuck no. nt jmg257 Mar 2020 #74
of course not, but that will be the bee ess the Trumpigists will be spreading. Thomas Hurt Feb 2020 #20
Sixty percent of Americans make less than forty thousand dollars a year pecosbob Feb 2020 #21
Because the feeling is mutual...nt Wounded Bear Mar 2020 #41
No! My husband is quite ill and we've Laurian Feb 2020 #23
I'm not too worried about the stock market captain queeg Feb 2020 #24
***YES I AM, ABSOLUTELY***. I don't think Trump can be beaten in November if the stock market progree Feb 2020 #26
I don't want to see people stillcool Feb 2020 #27
Nope... 2naSalit Feb 2020 #28
I'm, that's a big no. That is where my IRA money is bottomofthehill Feb 2020 #29
No one wants the stock market to crash. eilen Feb 2020 #30
Lots of gleeful posts here on DU everytime it drops MichMan Mar 2020 #59
I want it to crash hard Calculating Feb 2020 #31
Hell No if the stock market collapses it will carry over in to the economy and affects jobs housing lunasun Feb 2020 #32
Make no mistake,that POS would NEVER give presser on a Sat..... Bengus81 Feb 2020 #33
I'd rather a hamburger got him Joinfortmill Feb 2020 #34
No, but when millions of people warned what a disaster the Retrumplicans would be maxrandb Feb 2020 #35
What goes up must come down TexasBushwhacker Feb 2020 #36
+1000 smirkymonkey Mar 2020 #42
Couple the stock buy backs with a big helping of irrational exuberance TexasBushwhacker Mar 2020 #47
Not really Yo_Mama_Been_Loggin Feb 2020 #37
Stock market rownesheck Feb 2020 #38
No. I want a stock market collapse so I can make money from it. roamer65 Mar 2020 #43
A long overdue correction to this bloated, overvalued stock market is a good thing. ooky Mar 2020 #44
Wall Street has been enjoying their ill gotten gains for awhile RhodeIslandOne Mar 2020 #45
Ugh. Fox News is the fucking worst! Initech Mar 2020 #49
I wish Bloomberg would buy Fox News. walkingman Mar 2020 #54
Not at all, but all the same, it had no business being as high as it was DFW Mar 2020 #50
My pension is invested in the stock market, so, no. nt tblue37 Mar 2020 #51
If that's what it takes. We can recover from another collapse with good leadership. The markets brewens Mar 2020 #52
No - I'm hoping the market recovers without the FED - everything is so politicized these days. walkingman Mar 2020 #53
Only if it beats quick results. Cartoonist Mar 2020 #55
No, I want Trump to hurt Trump and his enablers... WePurrsevere Mar 2020 #56
Actually I was rooting for a host of God's seraphim Vogon_Glory Mar 2020 #57
I'm rooting for a half a dozen SallyHemmings Mar 2020 #58
That's why we have yuiyoshida Mar 2020 #61
I'm rooting for people to see what a menace Trump is when crisis strikes SiliconValley_Dem Mar 2020 #62
"If the gains of 2019 are erased & it causes people to rethink their support of this psychopath..." progree Mar 2020 #63
I think you can count the Coronavirus yuiyoshida Mar 2020 #64
Investors don't seem to be all that worried at this point -- S&P 500 futures up 0.50% progree Mar 2020 #66
Frankly with the incompetence of the Trump Administration yuiyoshida Mar 2020 #67
Yes. My biggest worry is the very small number of people who have been tested. progree Mar 2020 #68
Did you think the crash in 2008 was a good thing ? MichMan Mar 2020 #70
I'm not rooting for a crash that severe, which was the worst collapse since the Great Depression progree Mar 2020 #75
No! bobGandolf Mar 2020 #65
fuck no Demonaut Mar 2020 #69
um, no. Javaman Mar 2020 #72
better question: is the GOP supporting Trump's lies scrabblequeen40 Mar 2020 #73
No, I'm retired and can't afford it. The Velveteen Ocelot Mar 2020 #76
No. exboyfil Mar 2020 #77
"Even a whiff of that from our leadership would lead to an electoral wipe out." LenaBaby61 Mar 2020 #79
No Mz Pip Mar 2020 #80
Nope... though I did buy some more whistler162 Mar 2020 #83
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