Re:U.S. widens trade blacklist to include some of China’s to...
by phyek on Tuesday October 08, 2019 @06:31PM
(#21197994)
The market hasn't gone anywhere in the last year. The first 1-2 years was helped by massive tax cuts implemented by Trump which juiced corporate earnings.
Re:U.S. widens trade blacklist to include some of China’s to...
by dwoozle on Wednesday October 09, 2019 @12:06AM
(#21199922)
You’re mental if you think that this is normal. We’ve been on a huge bull market since 2008. It’s not due to Obama or Trump but Obama got credit and got re-elected and the same will happen with Trump.
Re:U.S. widens trade blacklist to include some of China’s to...
by the_gastropod on Wednesday October 09, 2019 @10:10AM
(#21203411)
What’s the average annual return of the DOW since its inception? What’s the average annual return been since Trump’s inauguration?
Since his inauguration, the S&P500 is up 27.37%. At this point during Obama's first term, the S&P500 was up 65.19%. Apples and oranges, true. Let's look at the preceding 46 months before Trump's inauguration. Over that time, the market rose 26.69%.
Anyone pretending the market under Trump is anything but "normal" is participating in partisan hackery. Don't do it.