Chart of Shame: S&P 500 vs the Doomsdayers

Discussion in 'Economy' started by Weatherman2020, Sep 1, 2018.

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  1. Sep 1, 2018 #11
    JGalt
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    JGalt Platinum Member

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    Not true. The market was artificially stimulated by Obama's FED's Quantitative Easing that started in 2008. But that ended in 2014.

    Accept it or not, this is real growth. Not only in the market but the economic growth numbers are way up after Trump took office. Obama was the only President to never have a year of 3% GDP growth.

    What is it now? 4.1% I believe.
     
  2. Sep 1, 2018 #12
    MarathonMike
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    What does distorted mean? Overvalued?
     
  3. Sep 1, 2018 #13
    MarathonMike
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    So you were much happier with Obama who actively worked against the best interests of America but gave the perception of being a "nice guy"?
     
  4. Sep 1, 2018 #14
    william the wie
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    william the wie Gold Member

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    Well if a merit based immigration bill is passed we could hit double digit GDP growth and that is strange territory.
     
  5. Sep 1, 2018 #15
    Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    Takes one to know one!
     
  6. Sep 1, 2018 #16
    Weatherman2020
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    2Q18 was revised to 4.2%

    A number never obtained by the community organizer.
     
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