As of Wednesday, August 22, 2018, “the U.S. stock market will officially have enjoyed its longest-ever bull run” (Robin Wigglesworth and Nicole Bullock, Financial Times).
A bull run is one that rises 20% from its low before it drops 20% from its peak. This bull run started March 6, 2009, 45 days after OBAMA was inaugurated and had begun to implement his emergency recovery measures, including aid to Wall $treet and to bail out GM and Chrysler in ways that demanded full repayment as loans which, in fact, were paid off and ahead of schedule so the Obama government actually made money on them.
Comrade TRUMPski continues to ride the Obama wave, though we see it clearly leveling off, especially after the end of the final Obama budge for FY 2017 that ended last Sept 30.
The market will collapse under Trump. The question is not “IF” but “When.”
Markets rise under Democrats and fall under Republicans.
1929 — Republican Harding/Coolidge/Hoover Great Depression
1987 — Reagan October Wall $treet crash
2008 — Bush economic collapse
2009 to present — all time record Obama stock market bull run prosperity
Why would any savvy investor EVER support a fiscally irresponsible TrumpubliCON / RussiapubliCON?
February’s volatility had raised some doubts. Tariff wars can undo market optimism. The Fed is trying to give us the means to ward off recession now that the tax cut normally used in weak markets was used politically in a good economy.
Cheapskate0 almost 6 years ago
You know, I’m thinking I like this Scott Stantis better than the one over in Prickly City!
Daeder almost 6 years ago
How about “He can’t ride it from prison.”
DD Wiz Premium Member almost 6 years ago
As of Wednesday, August 22, 2018, “the U.S. stock market will officially have enjoyed its longest-ever bull run” (Robin Wigglesworth and Nicole Bullock, Financial Times).
A bull run is one that rises 20% from its low before it drops 20% from its peak. This bull run started March 6, 2009, 45 days after OBAMA was inaugurated and had begun to implement his emergency recovery measures, including aid to Wall $treet and to bail out GM and Chrysler in ways that demanded full repayment as loans which, in fact, were paid off and ahead of schedule so the Obama government actually made money on them.
Comrade TRUMPski continues to ride the Obama wave, though we see it clearly leveling off, especially after the end of the final Obama budge for FY 2017 that ended last Sept 30.
The market will collapse under Trump. The question is not “IF” but “When.”
Markets rise under Democrats and fall under Republicans.
1929 — Republican Harding/Coolidge/Hoover Great Depression
1987 — Reagan October Wall $treet crash
2008 — Bush economic collapse
2009 to present — all time record Obama stock market bull run prosperity
Why would any savvy investor EVER support a fiscally irresponsible TrumpubliCON / RussiapubliCON?
shakeswilly almost 6 years ago
The bull is going to flip [on] Trump.
gammaguy almost 6 years ago
Forever? He’s bearly begun.
superposition almost 6 years ago
February’s volatility had raised some doubts. Tariff wars can undo market optimism. The Fed is trying to give us the means to ward off recession now that the tax cut normally used in weak markets was used politically in a good economy.
https://www.businessinsider.com/market-volatility-februarys-correction-was-an-exception-not-norm-2018-6
https://www.economist.com/finance-and-economics/2018/03/28/more-market-volatility-seems-likely
https://seekingalpha.com/article/4182998-market-volatility-etf-portfolio-q2-2018-review
https://www.marketwatch.com/story/feds-george-backs-two-more-interest-rate-hikes-this-year-several-more-in-2019-2018-08-23
Ontman almost 6 years ago
I just hope he isn’t impeached. ‘The stock market would crash and everyone will be broke.’ Now if that isn’t fake news I don’t know what is.
Radish the wordsmith almost 6 years ago
Stock market still 1,000 points below the high of Jan 2018.
Brian G Premium Member almost 6 years ago
Obama rode it for 7 years, but maybe it was a tamer bull?
kaffekup almost 6 years ago
No good can come from letting a chimp play with a finely-tuned economy.
Bex Premium Member almost 6 years ago
Hey Shell, are you still working on that list?
BE THIS GUY almost 6 years ago
The DJI reached its lowest point of the Great Recession on March 9, 2009 — 6,547. By December 31, 2009 it was at 10,428.
When Obama left office it was 19,732.
So if you’re going to credit a President for the bull market, it belongs to Obama.