Trump and economy

createdtoworship

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since trump has been in office, we have seen nothing but higher highs on the sp500, the stock market and the Dow. What is it that trump is doing that is making america great again. Feel free to comment on what exactly trump did or passed that makes investors so bullish right now.
Dow closes at record high after Fed leaves rates unchanged, Boeing jumps
 
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DennisTate

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If Rabbi Judah ben Samuel was correct that 2017 was to be a Jubilee year we Christians should begin to think of how we could creatively back up President Trump and his team.

(Note, because the Jubilee year is proclaimed on Yom Kippur it is likely that the Jubilee began on Yom Kippur 2016 and will end on the day before Yom Kippur 2017. It is possible that it could also begin on Yom Kippur 2017 and extend into 2018).


North American churches should each have their own currency!
 
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Hank77

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createdtoworship

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GoldenBoy89

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createdtoworship

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Being handed a recovering economy from his predecessor certainly helps.
if thats the case then we could blame the housing crisis on obama. You can't say, one thing then reverse it when someone points out a basic fact.
 
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createdtoworship

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The trend of the past few years continues.
if it was a bad presidential pick do you think it would continue? After all bad news certainly makes stocks tumble, remember 2009 housing crisis.
 
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Desk trauma

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if it was a bad presidential pick do you think it would continue?

It has, so yes.

After all bad news certainly makes stocks tumble, remember 2009 housing crisis.

The collapse of large financial institutions does that.
 
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createdtoworship

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you have to remember I see doomsdayer stuff all the time. Buy gold, sell cash. dollar crashing. It's all been said and done before. Is the market at a top, probably. Nobody denies that. But it still keeps defying that top every single week. Which makes me post a thread like this. What on earth is the market see in trump that it keeps defying these tops, and making new highs?
 
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createdtoworship

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It has, so yes.



The collapse of large financial institutions does that.

no if we made a mistake in presidents that market would see it and dump. They don't care who about anything but the dollar.
 
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Desk trauma

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no if we made a mistake in presidents that market would see it and dump. They don't care who about anything but the dollar.

Ahem:

When Barack Obama was sworn in as the 44th president of the United States on January 20, 2009, the U.S. stock market was in free fall. The financial crisis was in full swing following the collapse of Lehman Brothers and the Standard & Poor’s 500 index, a popular measure of the U.S. stock market, closed at 805 points on Inauguration Day.

Eight years later, the S&P 500 index has risen to 2,274 points after one of the great bull runs in stock market history. With Obama as president, the U.S. stock market, as measured by the S&P 500, returned 235%, or 16.4% annualized.
 
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createdtoworship

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Ahem:

When Barack Obama was sworn in as the 44th president of the United States on January 20, 2009, the U.S. stock market was in free fall. The financial crisis was in full swing following the collapse of Lehman Brothers and the Standard & Poor’s 500 index, a popular measure of the U.S. stock market, closed at 805 points on Inauguration Day.

Eight years later, the S&P 500 index has risen to 2,274 points after one of the great bull runs in stock market history. With Obama as president, the U.S. stock market, as measured by the S&P 500, returned 235%, or 16.4% annualized.
You forget that he had to print imaginary dollars to artificially inflate the market adding 20 trillion in debt.
 
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createdtoworship

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Except for that 235% gain, other then that it was all downward...

obama printed money, he didn't fix it. In fact in our deficit. 20,000,000,000,000, obama added 40% of that figure when he was president. That does not include the deficit added in trumps first year.

this figure below finds out that obama added that amount, but then bush added 5 trillion, which is wrong. it's less, more like three. And it also forgets to add the first year of the trump presidency to the obama debt. So it's more like 800 billion more, so it's more like 43% of the total deficit was added in the obama administration. Nearly half of the total deficit added in obama's 8 years. It's sobering. You call it a 235% gain if you want in the stocks, but this is why the dollar has rallied since trump took office.

source:

(which I proved wrong a few times):
Which President Added Most to the U.S. Debt?

this one shows obama's debt was up 80% over the previous debt limit:



Read more at: Obama’s Pretty Words Cannot Beautify His Ugly Economy
 
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obama printed money, he didn't fix it. In fact in our deficit. 20,000,000,000,000, obama added 40% of that figure when he was president. That does not include the deficit added in trumps first year.

this figure below finds out that obama added that amount, but then bush added 5 trillion, which is wrong. it's less, more like three. And it also forgets to add the first year of the trump presidency to the obama debt. So it's more like 800 billion more, so it's more like 43% of the total deficit was added in the obama administration. Nearly half of the total deficit added in obama's 8 years. It's sobering. You call it a 235% gain if you want in the stocks, but this is why the dollar has rallied since trump took office.

source:

(which I proved wrong a few times):
Which President Added Most to the U.S. Debt?
Mustn't have been that big a deal, the market would have gone down if it was.

...or does that standard not apply now?
 
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