After watching Dustin buy over $1 billion in ASAN stock from $60, $70, $80 and than $40, $30, $20, $13 it makes me wonder their wisdom. BTW, how was your vacation? Are you ready to roar!
With the Trump trial winding sown the crazies are out. We have one in our own family tree on my wife's side. The amount of ignorance on the facts is high. Lets just have a brief reality check. Why nobody is doing this but me is confusing. Reality Check 1> Stock Market- winner Biden S&P 500 up about 40% since Biden took office. And at this point in Trump's presidency, the S&P 500 was only up about 13%. So 40% under Biden, only 13% under Trump. Reality Check 2>Debt both suck Biden wins Between 2017 and 2021, under Trump, outstanding debt rose from $19.84 trillion to $28.13 trillion — an increase of 41.62%. Under Biden, debt rose from $28.13 trillion to $34 trillion in December 2023 — an increase of 20.86%. Reality Check 3>On job creation,- Biden wins again blowout (3 for 3) Joe Biden is the undisputed champion.Trump lost 2.7 million jobs during his presidency. If you exclude the COVID months, he created 6.7 million jobs. But regardless of which Trump figure you prefer, the 15.4 million jobs created by President Biden has crushed Trump’s meager results. since Biden became president, the number of Americans with jobs has increased by 14.3 million—versus a net loss of 2.7 million over Trump’s term, the first decline since Herbert Hoover. Reality Check 4> GDP. Biden wins. The most basic measure of the economy is how much it grows. The official data from the Bureau of Economic Analysis (BEA) are clear: After inflation, real GDP has grown at a 3.4 average annual rate since Biden became president, while Trump trails badly at an average 1.8 percent growth.<--!!!!! Reality Check 5> Fixed Investment. Biden dominates. Since January 2021, real fixed business investment has increased at a 5.4 percent annual rate, twice the 2.7 percent average rate under Trump. Reality Check 6> Consumer spending Biden's economy wins again.: From 2021 to 2023, real personal expenditures increased an average of 4.5 percent per year, versus Trump’s record of 2.6 percent from 2017 to 2020. In this case, a pandemic pass for Trump increases Biden’s advantage: Real consumer spending grew 2.0 percent per year from 2017 to 2019, an annual rate that trails Biden by 55 percent.!!!!!! Reality Check 7> New businesses - New business creation is another gauge of the economy’s health. There’s no reason to set aside 2020 and 2021 since entrepreneurial activity thrived during the pandemic. Based on the official data from the Census Bureau, applications to start new businesses averaged 304,000 per month over Trump’s term, peaking at an average of 365,000 monthly in 2020. It’s a decent record but not as good as Biden’s: From 2021 to 2023, applications for business starts averaged 444,000 per month, an average nearly 50 percent higher than under Trump. These are the facts. What grew under Trump and not Biden.? Racism. Say what you will. Vote for who you want but get the facts straight. Because the stock market will.....
Rare AH buy pays off! OOMA Ooma, Inc. $7.900.29(+3.81%)4:00 PM 05/28/24 NYSE |$USD |Pre-Market:$9.19+1.29(+16.30%)9:09 AM
Trump wants to have control of The Fed, if elected. Imagine that, Monetary policy via Twitter. He might create massive Inflation due to low Interest Rates. Good for a property Tycoon. Bad for everyone else. Scary stuff.