Politically who gets credit for the stock market run up today? scince 08?

[JRK]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

 

[uscitizen]

Since Bush was credited with the high market during his term is must be Obama's fault this time.

 

[Chris]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

 

[DontBeStupid]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

The Recovery Act pumped hundreds of billions into our economy. And while it wasn't nearly enough, it did prevent a further drop and di get us moving again in the right direction.

Since that was Obama's plan, I think it's safe to give him credit.

 

[thereisnospoon]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

Hopefully none.
No politician should ever take credit or be given credit for something they had nothing to do with.

 

[Chris]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

The Recovery Act pumped hundreds of billions into our economy. And while it wasn't nearly enough, it did prevent a further drop and di get us moving again in the right direction.

Since that was Obama's plan, I think it's safe to give him credit.

Not to mention saving millions of jobs by rebuilding GM....

 

[eflatminor]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

The Federal Reserve. Wall Street doesn't care about the long term damage printing money out of thin air leads to...because in the short term, cash is king.

 

[thereisnospoon]

The libs who have vilified Wall Street as the root of all evil are seizing on a Market run up to lay the bouquet of roses at Obama's feet.
Truth is this is no broad market run up.
From cnbc.com...
Analysts say the lack of volatility has helped dry up volume, as high-frequency traders see fewer opportunities for quick gains.

But others worry that low volume points to a lack of commitment to the market that can make it vulnerable.

Monday's volume of 5.24 billion shares traded on the New York Stock Exchange, NYSE Amex and Nasdaq represented the lowest tally of the year and was 33 percent below last year's daily average during March.

Just last week, the major stock markets fell on what analysts described as a much needed correction. Stocks are over valued. Usually an over heated stock market leads to a precipitous slide in prices shortly after indexes hit high points.
Most of the activity in the markets is speculation by index traders trying to position themselves for when the time to short the market arrives.
It's all a game.
Used to be a healthy stock market was a true indicator of a good economy. Today there is a disconnect between traders/markets and the real world.

 

[whitehall]

Let's see, who was president in '08? Which political party controlled congress when Fannie Mae collapsed bringing down the economy with it? You gotta wonder if left wingers are really bi-polar. They hate it when the stock market makes money and they like it when the stock market makes money. The stock market will always do better but if unemployment is up and the cost of energy keeps rising under an incoherent administration it won't make much difference. So far the only agenda Obama seems to be working on is free condoms.

 

[DontBeStupid]

Let's see, who was president in '08? Which political party controlled congress when Fannie Mae collapsed bringing down the economy with it?

Fannie and Freddie were not the cause of our economic problems.

And the housing bubble burst in 2007 under full GOP control.

 

[JRK]

Let's see, who was president in '08? Which political party controlled congress when Fannie Mae collapsed bringing down the economy with it?

Fannie and Freddie were not the cause of our economic problems.

And the housing bubble burst in 2007 under full GOP control.

2007 the house and senate was under democratic control, excpet for Obama, they right the laws
what does that have to do with the housing bubble?
Obama nor Bush had anything to do with it
Obamas failure to undo what greed caused is the issue, he has spent trillions we do not have and we have fewer jobs today than we did in 2009 when he took office
1.9 Million Fewer Americans Have Jobs Today Than When Obama Signed Stimulus | CNSNews.com
this is from 8 months ago, so to say we have created 2 million jobs in 8 months would mean we would have to have created over 200k per months scince then
this has not happened
we are getting close to where we were in 2009 when he took office. Spending the trillions we do not have to get there is not something I would be bragging on

 

[chikenwing]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

People want to be successful regardless of what politicians do

So I say nobody but the hard working risk takers.

 

[JRK]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

The Recovery Act pumped hundreds of billions into our economy. And while it wasn't nearly enough, it did prevent a further drop and di get us moving again in the right direction.

Since that was Obama's plan, I think it's safe to give him credit.

Not to mention saving millions of jobs by rebuilding GM....

That is screed up dude
that did nothing but add 50 billion to our debt
how did that un constitutional wreck create one job?
you think people would stop buying cars because GM went chapter 7?
You think Toyota or Ford or Honda would not have picked up the slack?
1.9 Million Fewer Americans Have Jobs Today Than When Obama Signed Stimulus | CNSNews.com
were not even back to where we were in 09 yet
people like you are the very reason Obama got elected, thanks allot

 

[JRK]

Tarp?
not volt tarp, we know how that turned out
Apple had had much to do with the Nasdaq, Obama gets credit for that?
The jobs report on Friday did little, stress test today did much for JPM

Whats every-ones opinion?

People want to be successful regardless of what politicians do

So I say nobody but the hard working risk takers.

wondering how many libs would give BHO credit
your spot on
I sold Apple today could not allow that much profit to sit another day

 

[DontBeStupid]

Let's see, who was president in '08? Which political party controlled congress when Fannie Mae collapsed bringing down the economy with it?

Fannie and Freddie were not the cause of our economic problems.

And the housing bubble burst in 2007 under full GOP control.

2007 the house and senate was under democratic control, excpet for Obama, they right the laws
what does that have to do with the housing bubble?
Obama nor Bush had anything to do with it
Obamas failure to undo what greed caused is the issue, he has spent trillions we do not have and we have fewer jobs today than we did in 2009 when he took office
1.9 Million Fewer Americans Have Jobs Today Than When Obama Signed Stimulus | CNSNews.com
this is from 8 months ago, so to say we have created 2 million jobs in 8 months would mean we would have to have created over 200k per months scince then
this has not happened
we are getting close to where we were in 2009 when he took office. Spending the trillions we do not have to get there is not something I would be bragging on

heh heh that was HUGE typo on my part! Clearly I meant 2006, as that was the year it burst. Although, there could be an argument made for late 2005, but either way, as I said, full GOP control at that time.

As for your link, it's dated and partisan. Have anything recent and unbiased?

 

[sealybobo]

When the GOP can no longer say the economy isn't improving, they are going to shift and say the reason its getting better is because of all the GOP governors like Christie, Snyder, the Ohio and Minnesota Governor and the Florida GOP governor. All the tax breaks they gave to the corporations. They will say they are responsible for the recovery but we can prove that is a lie. Those tax breaks have not created more jobs. Only more profits for the corporations and further bankrupting our government.

And they will say its because of the Paul Ryan Tea Bagger House spending cuts. Those cuts actually hurt the recovery but they will say they helped.

Same old tired playbook.

 

[JRK]

When the GOP can no longer say the economy isn't improving, they are going to shift and say the reason its getting better is because of all the GOP governors like Christie, Snyder, the Ohio and Minnesota Governor and the Florida GOP governor. All the tax breaks they gave to the corporations. They will say they are responsible for the recovery but we can prove that is a lie. Those tax breaks have not created more jobs. Only more profits for the corporations and further bankrupting our government.

And they will say its because of the Paul Ryan Tea Bagger House spending cuts. Those cuts actually hurt the recovery but they will say they helped.

Same old tired playbook.

so UE of 15%
trillions in debt
and GDP of 2-3% is good?
ok
Obama’s America: Unemployment At 14.9%! « Swimming Against The Current
Risks Cloud Outlook for Economy in 2012 - WSJ.com

Oh yea gas will be at 5. a gallon by summer, probably
$5 Gas: Gas prices may hit 5 dollars a gallon in the US | GlobalPost

do not know how old you are, but GDP is DOA
Job wise we are use to 5% UE, not "8.3" what ever that means
and in 2007 the national debt (from the 2006 GOP budget) was 163 billion

I am not sure you live in realville, 15% UE is not going to get it
New CBO Report Decimates ‘Obamanomics’: Real Unemployment Hits 15% « Tarpon's Swamp

 

[JRK]

When the GOP can no longer say the economy isn't improving, they are going to shift and say the reason its getting better is because of all the GOP governors like Christie, Snyder, the Ohio and Minnesota Governor and the Florida GOP governor. All the tax breaks they gave to the corporations. They will say they are responsible for the recovery but we can prove that is a lie. Those tax breaks have not created more jobs. Only more profits for the corporations and further bankrupting our government.

And they will say its because of the Paul Ryan Tea Bagger House spending cuts. Those cuts actually hurt the recovery but they will say they helped.

Same old tired playbook.

so UE of 15%
trillions in debt
and GDP of 2-3% is good?
ok
Obama’s America: Unemployment At 14.9%! « Swimming Against The Current
Risks Cloud Outlook for Economy in 2012 - WSJ.com

Oh yea gas will be at 5. a gallon by summer, probably
$5 Gas: Gas prices may hit 5 dollars a gallon in the US | GlobalPost

do not know how old you are, but GDP is DOA
Job wise we are use to 5% UE, not "8.3" what ever that means
and in 2007 the national debt (from the 2006 GOP budget) was 163 billion

I am not sure you live in realville, 15% UE is not going to get it
New CBO Report Decimates ‘Obamanomics’: Real Unemployment Hits 15% « Tarpon's Swamp

 

[TakeAStepBack]

 

[DontBeStupid]

Obama’s America: Unemployment At 14.9%! « Swimming Against The Current

This link is totally dishonest. It talks about how we should use U6 as our standard number and then compares Obama's U6 to Bush's U3.