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High inflation will not kill biden bull market

Bullseye

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Too bad for gophers hoping that the economy will sink.
There is no "Biden Bull Market" ; the markets continues to cruise along on the Trump bull market, following the shortest recession on record. In fact it's so strong even Rufus Biden's FUBAR performance can't destroy it.

See it for yourself:

DJIA Apr20-apr021.png
 

Felis Leo

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1. I suggest never relying on anyone's predictions of stock market.

2. Stock market is NOT economy.

It annoyed me to no end when blinkered fellow conservatives and partisan Republicans would crow about how well the stock market was doing as though, as you put it, the stock market was the economy. As though American publicly-traded company share prices going up in value on Wall Street helped the average person put food on the table more easily.
 
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Exquisitor

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There is no "Biden Bull Market" ; the markets continues to cruise along on the Trump bull market, following the shortest recession on record. In fact it's so strong even Rufus Biden's FUBAR performance can't destroy it.
Obama handed over the growing economy to Trump, who spun it out with his tax cut, ending his regime.
 

Felis Leo

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Obama handed over the growing economy to Trump, who spun it out with his tax cut, ending his regime.

What metric are you using when you say "growing economy", Exquisitor? And who exactly are the primary beneficiaries of this growing economy? Would it be the working class and middle class people? Or would it mainly be people who own massive quantities of shares in publicly-traded stocks?

Because if you are looking at the stock market, that primarily benefits those who invest in the stock market. The equities market is one big slice of the pie that is the economy. But what also needs to be taken into account is the cost of living, and wage growth. If wages go up and the cost of living goes down, I would say that things are going far better for the average person than when the cost of living goes up, wages do not keep pace with inflation, even if the market price of stocks increases.
 
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Bullseye

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Obama handed over the growing economy to Trump, who spun it out with his tax cut, ending his regime.
Bullshit: Obama handed an economy growing at 1.6% and a sluggish market. From the day Trump won the markets took off, stuttered a bit in April 2020 and then took off again.
 

sanman

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Too bad for gophers hoping that the economy will sink.

What hypocrisy - you Lefties claim to be pro-poor, and always whine that a soaring stock market doesn't mean the poor have it easy.

Clearly high inflation will hurt the poor, even if the stock market stays above that disaster.
Just to be clear, it's not the stock market that's causing the inflation -- it's the Democrats' spending spree in the name of COVID that's responsible for this.
Anybody with a basic understanding of economics would realize that when you're paying people to stay at home, it's going to cause inflation.
Why are the Left so ignorant?
 

Mycroft

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Callen

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he markets continues to cruise along on the Trump bull

From the day Trump won the markets took off, stuttered a bit in April 2020 and then took off again.
That is not true. The Trump Adminstration merely enjoyed the trajectory established during the Obama Administration. Same goes for jobs. GDP was about same. All in all the indicators are about the same for both when you toss out the recession and the pandemic.

 

99percenter

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There is no "Biden Bull Market" ; the markets continues to cruise along on the Trump bull market, following the shortest recession on record. In fact it's so strong even Rufus Biden's FUBAR performance can't destroy it.

See it for yourself:

View attachment 67354067
Trump handed biden a recession. Nice try though.
 

tres borrachos

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Bullshit: Obama handed an economy growing at 1.6% and a sluggish market. From the day Trump won the markets took off, stuttered a bit in April 2020 and then took off again.

What? The market was not "sluggish" while Obama was President. Just the opposite.

Don't lie.
 

Mr Person

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There is no "Biden Bull Market" ; the markets continues to cruise along on the Trump bull market, following the shortest recession on record. In fact it's so strong even Rufus Biden's FUBAR performance can't destroy it.

See it for yourself:

You must be really pissed about how this happened....

Dow over time.png

.....and then you found yourself having to obey Fox's orders to credit Trump for the Obama boom. That really must have ground your gears, what with this massive concern for accuracy and fairness in posting.





:ROFLMAO: + :sick:
 

Mr Person

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Bullshit: Obama handed an economy growing at 1.6% and a sluggish market. From the day Trump won the markets took off, stuttered a bit in April 2020 and then took off again.
What? The market was not "sluggish" while Obama was President. Just the opposite.

Don't lie.

How's he supposed to post Trumpist talking points if he can't lie?
 

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Obama also created more jobs than Trump, not by much but more nonetheless, even taking out the impact of the Pandemic.
 

Bullseye

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How's he supposed to post Trumpist talking points if he can't lie?
Your wasting electricity with your posts. FauxJoe says we only have ten years left. :eek:
 

Bullseye

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You must be really pissed about how this happened....

View attachment 67354108

.....and then you found yourself having to obey Fox's orders to credit Trump for the Obama boom. That really must have ground your gears, what with this massive concern for accuracy and fairness in posting.





:ROFLMAO: + :sick:
LOL, the sad part is you don't even grasp what you've posted. A pathetical post recession up to 2017 and then a bull market. Not sure wa you thought going back to the 80's would prove anything. Obama caught a post-recession blip which was petering out by 2016 - and then Trump came along and the market skyrocketed.
 

Bullseye

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What? The market was not "sluggish" while Obama was President. Just the opposite.

Don't lie.
He got a weak bump from post recession - the poorest recovery since WW II, BTW. In 2016 the market gains as much from election day to Trump's inauguration as it had during the previous ten months under Obama. AND the market continued to surge, even shrugging off COVID.
 

Bullseye

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Trump handed biden a recession. Nice try though.
Nope. Trump had a brief V-shaped recession in 2020 and then continued the upward growth.

Does this look like a recession:
DJIA Apr20-apr021.png
 

Bullseye

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That is not true. The Trump Adminstration merely enjoyed the trajectory established during the Obama Administration. Same goes for jobs. GDP was about same. All in all the indicators are about the same for both when you toss out the recession and the pandemic.

Nope, Obama's last year had a 1.6% GDP growth. The Stock markets gasped along until Trump's election (investors didn't even waif for his inauguration) then added as much BEFORE INAUGURATION as it had during the ten months BEFORE the election. What little momentum Obama had enjoyed from post-recession growth had dissipated.
 

Bullseye

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That started in 2009.
LOL sure from a post recession recovery. But Trump didn't inherit THAT economy, he inherited the weakening economy of 2016.
 

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Nope, Obama's last year had a 1.6% GDP growth. The Stock markets gasped along until Trump's election (investors didn't even waif for his inauguration) then added as much BEFORE INAUGURATION as it had during the ten months BEFORE the election. What little momentum Obama had enjoyed from post-recession growth had dissipated.
That is totally false and the actual data proves it. Obama's last three years economic metrics out performed Trump's first three years in just about every category. I use three years only because they are contiguous and leave the anomalies of the recession and the pandemic out. If you did the research and looked at the metrics you would see that. Numbers don't lie but it would destroy your preferred narrative so I get why you don't.
 
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