Not so fast on the "Trump stock boom"
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Archived from the IMDb Discussion Forums — The Soapbox
Trump crash — 1 year ago(November 13, 2024 02:02 AM)
The day after the election in 2024 and 2020:
Trump Biden
Dow +3.57% +1.34%
S&P +2.53% +2.2%
Nasdaq +2.95% +3.85%
Trump had a slightly better Dow performance.
They were about tied on S&P performance.
Biden had a massively better Nasdaq performance.
The obvious question here is, why was Trump's Nasdaq number so pathetically low? Because the markets know he's bad for the economy.
Welcome to the Trump downturn.
Sources:
https://www.reuters.com/markets/us/sp-500-futures-soar-record-high-after-trump-claims-victory-2024-11-06/
https://www.cnbc.com/2024/11/04/what-the-stock-market-typically-does-after-the-us-election-according-to-history.html -
WarrenPeace — 1 year ago(November 13, 2024 06:16 AM)
The morons for the moron will of course think he is the best thing for the ship even if it is on fire and sinking.
The Kool Aid drinking Cult 47 Club will ignore how bad he is from their blind bogus hyperbole and bias.
They won't care if he doesn't keep one promise and will happily pay more because, "He's muh president. Derp derp!"
"Please vote to preserve the unique character of Warren…" - Robert Duvall