Discussion in 'Stocks' started by Saltynuts, Dec 7, 2019.
Can’t blame a guy for playing to his strengths.
Yes. From 2009 to 2017 we had a business minded president who took us out of an major recession and into a fantastic period of economic growth that extended well past his term.
Actually the Nifty 50 has far outperformed the SP500 during the period & the DAX is just about in sync with it now after outperforming it for years.
SP500 (white), India Nifty 50 (cyan), Germany DAX (gold), Japan Nikkei 225 (purple)
I never heard this president ever talking about his desire and intentions to put America first and give a boost to American businesses and economy. Are you sure it's because of him and not despite of him?
If it’s despite Obama (in your world view) then certainly the force of the economy is greater than anything trump could ever direct.
More likely Obama was acting rather than talking about his desires.
All while debt has soared. They keep pumping money into the economy to juice gdp. Going into trillions and trillions of debt. How long do you think this game can keep going before it finally gives way...
Wait for interest rates to rise. It will be a good festival.
Yes, After a little help from president like easing regulations and cutting taxes the capitalist economy will take charge and do its own magic. That's why calling Obama "business minded" would be a stretch: boosting economic growth & helping businesses was at no point part of his political campaign. Why? Do you think it's typical for a "business minded" president? Do you believe Bernie who's even further to the left than Obama is going to be another "business minded" president?
I assume you are referring to Trump's unnecessary increase in the national debt largely as a result of tax cuts for the rich. Perhaps we can use Trump's casinos as models for how these things play out.
Define the "rich".
Separate names with a comma.