westend1 Posted December 24, 2016 Report Posted December 24, 2016 9 hours ago, baddog said: Doubled from what? I believe Nash has already addressed this several posts up. What has Trump done wrong so far? Remember, all of this is happening with Trump's influence while there is still a sitting president. 9 hours ago, baddog said: Doubled from what? I believe Nash has already addressed this several posts up. What has Trump done wrong so far? Remember, all of this is happening with Trump's influence while there is still a sitting president. All of this. All of what? Quote
westend1 Posted December 24, 2016 Report Posted December 24, 2016 6 hours ago, stevenash said: On Dec 19, 2014 the S&P 500 ( broad barometer of the market) stood at 206.52. On Nov 3, 2016, the market stood at 208.55. The advance for that 23 month period was less than 1%. From Nov 3,2016 ( 208.55) to Dec 22, 2016 (49 days) the market advanced 8.07% to 225.38. So, once again, if one wants to politicize it, the market was much more impressed by the last 49 days than the prior 2 years. bs Look at the real market' It advanced almost 100 percent during the obama presidency. Sorry. You can't change that. You of all people should know that cherry picking a small population of the term is not indicative of the long term trend. Quote
tvc184 Posted December 24, 2016 Report Posted December 24, 2016 In reality all that Obama did was be the president when the stock market returned to what it was before the Democrat caused crash. In fact the Dow Jones was at almost 16,000 under Bill Clinton (and a Republican Congress) and it rose to 19,000 in 17 years. The crash caused by the Democrat back subprime loans dropped the market and it took Obama 8 years to simply get back to where it was to begin with. In fact from June 1999 to June 2016 the DJ rose on an average about 0.75% per year. Inflation in that time frame rose 45% or about 3% per year. Quote
stevenash Posted December 24, 2016 Author Report Posted December 24, 2016 1 hour ago, westend1 said: bs Look at the real market' It advanced almost 100 percent during the obama presidency. Sorry. You can't change that. You of all people should know that cherry picking a small population of the term is not indicative of the long term trend. Yes, Cherry picking might also include the fact that Mr. Obama assumed office at the bottom of a severe recession and a severely depressed market. If you want to make sure we are being factual about all of this, Mr. Obama will leave office with an annual GDP growth rate of less than 2% per annum. Worst recovery since World War 2. Quote
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