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S.E. TN Liberal

(508 posts) Wed Apr 18, 2018, 06:57 PM Apr 2018

"The stock market usually tumbles in the year after a Republican president is sworn in"

"...The median S&P 500 performance for both parties one year after inauguration is 7.6%. It's -7% for Republican presidents, and 14.7% for Democratic presidents...."

http://www.businessinsider.com/stock-market-after-inauguration-democrat-republican-2017-1

Diverting money from the poor and the middle classes into the offshore bank accounts of millionaires/billionaires hurts the economy.

3 replies

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"The stock market usually tumbles in the year after a Republican president is sworn in" (Original Post) S.E. TN Liberal Apr 2018 OP

Has been proven repeatedly that GOP hurts people economically, ALWAYS and dems help them Eliot Rosewater Apr 2018 #1

People make investment decisions based on politics will lose. former9thward Apr 2018 #2

That is a link from Trump's first day jn office. Progressive dog Apr 2018 #3

Eliot Rosewater

(31,112 posts)

1. Has been proven repeatedly that GOP hurts people economically, ALWAYS and dems help them

Reply to S.E. TN Liberal (Original post)

Wed Apr 18, 2018, 06:58 PM

Apr 2018

former9thward

(32,006 posts)

2. People make investment decisions based on politics will lose.

Reply to S.E. TN Liberal (Original post)

Wed Apr 18, 2018, 07:14 PM

Apr 2018

On Jan 20, 2017 the Dow was at 24752. On Jan 20, 2018 the Dow was at 26116. A gain of 5.5%. That is 5.49% more than you got if you kept it in a bank account.

Progressive dog

(6,904 posts)

3. That is a link from Trump's first day jn office.

Reply to S.E. TN Liberal (Original post)

Wed Apr 18, 2018, 07:33 PM

Apr 2018

It's a statistic of past performance, showing that stock market performance is not easily predictable.
Trump should get no credit for stock market gains before the tax cuts at the end of 2017. Deregulation helped corporate bottom lines and hurt health, safety, and the environment--so we "paid" for every one of those stock market gains. Now the tax cuts will make the Trump recession earlier and deeper.

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