Trump is not good for the U.S. economy.

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Fritz

Social climber
Choss Creek, ID
Topic Author's Original Post - Jul 25, 2018 - 08:15pm PT
Despite "weak" assertions by Trumpites, the U.S. stock market has not done well in 2018 & Trump's tariffs are a source of dissent by his supporters, especially those from agricultural states.

The Trumpian tariffs may well crash our current positive economic growth.

The Obama economy, after the great stock market crash of 2008, way outperformed the economy that Trump inherited from Obama.

Credit: Fritz
Credit: Fritz

S & P 500 year to date. It's positive, but way below what was normal during Obama's presidency.

Credit: Fritz
monolith

climber
state of being
Jul 25, 2018 - 08:31pm PT
Paging blahblah...
blahblah

Gym climber
Boulder
Jul 25, 2018 - 08:34pm PT
Friz,
Riddle me this:
When is it easier to have strong stock market returns:
right after a near-historic stock market crash (caused by a number of complex factors, most notably due to liberal policies encouraging lending to poorly qualified borrowers), or
after a very long (but somewhat muted) bull market?

Obama didn't do a terrible job by any means, but we were stuck in a bit of a rut, things are finally cooking now.

And don't you worry your pretty little head with all those charts and numbers: just look at the Dow on election night and now. Unless you foolishly got out of the markets (which I dearly hope is not the case), the Trump presidency should have been very, very good to you.
And best of all we're not getting guilt tripped all the time like we were under Obama and Holder.

SteveW

Trad climber
The state of confusion
Jul 25, 2018 - 08:37pm PT

Trump is not good.
rottingjohnny

Sport climber
Sands Motel , Las Vegas
Jul 25, 2018 - 08:42pm PT
blah , blah , blah is right....the stock market is cooking just like it did when Bush tanked the economy...
Fritz

Social climber
Choss Creek, ID
Topic Author's Reply - Jul 25, 2018 - 08:44pm PT
blahblah? Despite your pseudo-parental assertions:

And don't you worry your pretty little head with all those charts and numbers: just look at the Dow on election night and now. Unless you foolishly got out of the markets (which I dearly hope is not the case), the Trump presidency should have been very, very good to you.
And best of all we're not getting guilt tripped all the time like we were under Obama and Holder.

I am mostly a buy & hold investor, with the vast majority of my money in Vanguard stock & bond funds.

I do believe your Trumpian beliefs, are contrary to thoughts held by folks with wider world-views than you have.
i-b-goB

Social climber
Nutty
Jul 25, 2018 - 08:48pm PT
Democratic socialism & being taxed at 90% is not good for the U.S. economy, you'll see it when it happens, but then it will be too late!
hooblie

climber
from out where the anecdotes roam
Jul 25, 2018 - 08:58pm PT
tariffs figure to tack $5,700 onto an F-150. that alone will secure the orphanator's place in history
Fritz

Social climber
Choss Creek, ID
Topic Author's Reply - Jul 25, 2018 - 08:59pm PT
i-b-gobe! Re your assertion:

Democratic socialism & being taxed at 90% is not good for the U.S. economy, you'll see it when it happens, but then it will be too late!


I really do try to be polite on ST, but I can't work with people who have zero grasp of reality.

That is you.
Fritz

Social climber
Choss Creek, ID
Topic Author's Reply - Jul 25, 2018 - 09:02pm PT
hoobie! Per your post!

tariffs figure to tack $5,700 onto an F-150. that alone will secure the orphanator's place in history


Heidi, who owns a 2009 F-150 has been thinking about a new one & my Toyota 4-Runner dates to 2013.

After seeing projected price increases for new autos, thanks to Trumpian tariffs, on NBC tonight, we are both motivated buyers.
Contractor

Boulder climber
CA
Jul 25, 2018 - 09:03pm PT
Basic Obama doctrine, both in economics and foreign policy- "DON'T DO STUPID SH#T". The economy was recovering at a reasonable rate for those of us that don't rely on gang raping the vulnerable for financial gain and actually earn a living.

Why is Neo-Reaganism all about wasting stimulus bullets in the midst of recovery while amassing huge debt through unfunded tax cuts and spending? Greeeeed!

Blah- I'm a home builder or better known as, the canary in the cole mine. Labor markets are tight and I'm receiving material increases from our supply houses weekly. Your stock market is going to take a dump and a recession engineered by Trump and Congressional Republicans is heading our way.
rottingjohnny

Sport climber
Sands Motel , Las Vegas
Jul 25, 2018 - 09:05pm PT
Fritz....Trump is a genius and surrounded by the smartest republicans....your investments are safe...fear not...
rottingjohnny

Sport climber
Sands Motel , Las Vegas
Jul 25, 2018 - 09:11pm PT
Did you mean Redfoon...?
Lennox

climber
in the land of the blind
Jul 25, 2018 - 09:16pm PT
Black Monday II — 10/22/2018
ATG

Big Wall climber
Santee, CA
Jul 25, 2018 - 10:08pm PT
Lock this thread too.

Its another hateful echo chamber.
Reilly

Mountain climber
The Other Monrovia- CA
Jul 25, 2018 - 10:23pm PT
The S&P 500 is up right about 33% since Trump was elected. That’s a darn nice return for a
year and a half. However, I don’t deceive myself by thinking it’s all Trump’s doing just like I
don’t think most market movement, up or down, is more than marginally attributable to many
presidents. They’re largely along for the ride. Just as y’all love to point out that index funds
outperform a lot of managed funds then you have to concede the same holds true for managing
the economy. Yes, you can royally screw it up easier than you can move it upwards but in the
last 50 years its sheer mass and momentum make it akin to driving a supertanker with a 50 HP
outboard. Fortunately, that is feasible as long as it is done by the likes of Janet Yellen and
Jerome Powell.
Lituya

Mountain climber
Jul 25, 2018 - 10:28pm PT
Herr Fritz be whiny when he's when he's not whining about people who whine all the time. He rides like a Toyota Prius--but squeals like an old Dodge Polara with worn belts and bad wheel bearings.

Credit: Lituya
Power Crux

Social climber
Collecting farmer welfare
Jul 25, 2018 - 10:38pm PT
Riddle me this:
When is it easier to have strong stock market returns:
right after a near-historic stock market crash (caused by a number of complex factors, most notably due to liberal policies encouraging lending to poorly qualified borrowers), or
after a very long (but somewhat muted) bull market?

Oh! I figured out the answer to your lame riddle!

It's easier to have good returns after a good year when the economy is doing well and it's harder to have good returns after a bad year.

Like what happened after 1929.

blahblah is the guy betting on the 3-13 NY Giants to win the super bowl next year ... because they are due!

Obama didn't do a terrible job by any means, but we were stuck in a bit of a rut, things are finally cooking now.

The market is up about 7% YTD for 2018. It did way better than that many of the Obama years. And now there is inflation. That is finally cooking?

And don't you worry your pretty little head with all those charts and numbers:

Now that explains it. Just don't look at the numbers and the facts.

“Just remember: What you’re seeing and what you’re reading is not what's happening,” Trump said. “Just stick with us."

You're a good, obedient little Trumpkin.
blahblah

Gym climber
Boulder
Jul 25, 2018 - 11:04pm PT
The market is up about 7% YTD for 2018. It did way better than that many of the Obama years. And now there is inflation. That is finally cooking?

Breaking news: the election was Nov. '16, not Jan. '18. We're talking about Trump has done, not how this year has done. After last year's ride, no surprise that we're on the breaks a tad (but things have been looking very good recently).

Now if Fritz is really unhappy with how is investments have done since Trump won, let's see what he held then and what he's got now, and try to figure it out. I just really hope he didn't sell big: I was only joking when I told him that (and maybe trying to scare him a bit, but not maliciously).

I'm a buy-and-hold, Vanguard type of guy myself, and if Fritz isn't literally dancing with joy when he checks his portfolio, something's wrong.
Power Crux

Social climber
Collecting farmer welfare
Jul 25, 2018 - 11:10pm PT
Breaking news: the election was Nov. '16, not Jan. '17.


If you need to scrape up an extra two months to make your team look good you've already picked a loser.

Go Giants!

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