48 weeks later. a few market facts about Trump's presidency.

Luckyone

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The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.
 
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Trump has been an amazing President, if you are already wealthy. Trump has been an amazing President if you are a corporation, with tax breaks a plenty, and no more worries about regulations. If you have investments in the stock market, he has been a great President for you, financially.

But then you realize he has trashed historical trade agreements with his completely reckless and self-defeating tariffs, which will cause more long term harm than what existed before Trump. It is changing world opinion against the U.S., a short term gain, maybe, but a long term loss.

Ask the American farmer how its working out. After this latest round of belligerance, more and more of the world will attempt to find other alternatives to using the dollar as the worlds reserve currency, and when that happens, you better brace for impact, because the party is over.
 
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The indexes are market-cap weighted, so the largest companies have outsized influence. The top 7 stocks in the S&P 500 were all a part of the AI buildout, as were several large and midcap companies, and they held both the market and the economy up.

Unfortunately, that business capital spending does not translate to most Americans. Household debt is now up to a record $18.6 trillion, as Americans keep spending on credit and are finding most things more and more difficult to afford. The wealthy have done exceptionally well, as a recent Goldman Sachs report laid out.

But you never know. Shit happens and things can improve. Lower interest rates could definitely spur growth, although we'll need to watch inflation if and when that happens. But the American economy is always resilient and flexible. Maybe the Christmas spend was strong and without too much credit used.

No one knows the future, even if they claim to.
 
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The top 7 stocks in the S&P 500 were all a part of the AI buildout, as were several large and midcap companies, and they held both the market and the economy up.

I keep hearing that American dominance in AI is what is the key driver, not sure what is going to happen when the rest of the world catches up.
 
I keep hearing that American dominance in AI is what is the key driver, not sure what is going to happen when the rest of the world catches up.
American companies like NVDA (the biggest company in the world) and AVGO are leading in terms of designing and utilizing chips and AI, but the two main companies who actually make the chips (TSMC and ASML) are overseas. And now it looks like China is getting pretty close themselves, and they're already kicking our asses in electric cars and some tech.
 
Trump has been an amazing President, if you are already wealthy. Trump has been an amazing President if you are a corporation, with tax breaks a plenty, and no more worries about regulations. If you have investments in the stock market, he has been a great President for you, financially.

But then you realize he has trashed historical trade agreements with his completely reckless and self-defeating tariffs, which will cause more long term harm than what existed before Trump. It is changing world opinion against the U.S., a short term gain, maybe, but a long term loss.

Ask the American farmer how its working out. After this latest round of belligerance, more and more of the world will attempt to find other alternatives to using the dollar as the worlds reserve currency, and when that happens, you better brace for impact, because the party is over.
If your part of the 70% of us regular folks, Get ready to pull up your boot straps!
 
The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.

You certainly manage to manufacture garbage ,
Sad that you probably believe your scribbling .
Mucky Bum -- the Mucky One .
 
The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.
I can only imagine that you are tickled pink over YOUR numbers. :eusa_whistle:
 
The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.
/----/ Hey, Dummy. Trump has only been in office 11 months. His BBB won't kick in until January 1. Sorry he isn't cleaning up Bidum's mess fast enough.
 
The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.
RE: Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

No. The intention was not to "raise our country over all". It was to Make America Great Again (MAGA). And frankly, Trump is just a figurehead who happens to understand what we the people were saying. Therefore, we elected him.

The tariffs simply level the playing field. You see, for almost the entire last generation of people, the "they" have been trying to equalize wealth and economies over the entire world. The idea was that if they could weaken Americans' great apparent wealth and high standard of living and re-distribute it to other nations, then they would be able to reduce the likelihood of war and strife.

Whelp. It did not work. After 40 or more years, here Americans are practically bankrupt, with easily 15% of the population dependent on government subsidies just to have food on their table. And it looks like there is a world war brewing. China claims to still be a "third world" country, yet has achieved a far superior standard of living per capita.

The stock markets are great tools for trade and commerce, but they do not reflect the inner health of a nation. I think what is going on in the stock markets today is a sickness. Serious investments should be stable. They should not go up or down wildly like they are doing now. There will very likely be a major correction in the near future, but anyone who invested in a good company should not fear.

The measurements I am looking at all look good, post Sir Senile Idiot O'Biden. We people are happy to subsist on very little. But we will not tolerate subjugation to another.

We will be free.
 
15th post
The bulls have won the show as the economic reports have shown continued and positive economic growth. For the past 48 months (Trump’s presidency), the DOW has rallied 8.8%, the SPX has rallied 12%, the NASDAQ has rallied 15.1% and the RUT has rallied 9%. (DOW was at 44424 on Jan 20th and closed on Friday at 48732, SPX was at 6101 and now at 6929, NASDAQ was at 21774 and now at 25644 and the RUT was at 2307 and now at 2534).

On the negative side, Gold has rallied 39% (from $2792 to $4563) and the Dollar has dropped 8.8% in value (from $107 to $98), meaning that inflation remains a huge threat and the Dollar has lost its strength. In fact and comparing the Dollar with the other 2 major currencies in the world (Japanese YEN and the European EURO), the YEN has only dropped .005% in value and the EURO has outperformed all currencies, having rallied 12% (from 1.05 to 1.18) during this same period of time. Heck, even China (who is in a major trade war with the US, due to the huge tariffs imposed by Trump) has outperformed the Dollar as it has only dropped 4.4% (from 7.244 to 7.000) since January.

What this all means is that Trump's has brought about a growing economy (at least for the past year) but has made the U.S. fall versus the rest of the world (as far as in confidence in the future outlook versus other countries). It also means that other countries (like Europe) are doing better than we are, in spite of the tariffs imposed by Trump. Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

These figures do show that in many ways, Trump has failed. This is not opinion but cold hard facts. These above are actual prices for everything mentioned here. They are from the 3rd week of January (when Trump took office) to the closes on this Friday.

I am certainly interested in seeing how the Trump supporters will explain/excuse this.

the Dollar has dropped 8.8% in value (from $107 to $98),

The dollar wasn't $107 before and isn't $98 now.

Market expert my ass. Now mop the bathroom floors. The bank needs to be clean for Monday.
 
RE: Wasn't Trump's intention (with the tariffs imposed) to raise our country over all others (economically and otherwise)?

No. The intention was not to "raise our country over all". It was to Make America Great Again (MAGA). And frankly, Trump is just a figurehead who happens to understand what we the people were saying. Therefore, we elected him.

Making America Great Again, requires it to be considered a being successful in the economy, in health care, in helping its citizens overcome problems and in generating new growth and opportunity, none of which is happening.

As far as Trump understanding what people are saying, let me say that people in general think only of themselves and as such, do not use their minds for the benefit of the nation. In addition, "yes" he understands that and USES it for his OWN benefit (manipulates them). How does that help you?
The tariffs simply level the playing field. You see, for almost the entire last generation of people, the "they" have been trying to equalize wealth and economies over the entire world. The idea was that if they could weaken Americans' great apparent wealth and high standard of living and re-distribute it to other nations, then they would be able to reduce the likelihood of war and strife.

Here is an established Republican hero who was also president, telling you that tariffs are bad........in the long run. You didn't listen to him?


Whelp. It did not work. After 40 or more years, here Americans are practically bankrupt, with easily 15% of the population dependent on government subsidies just to have food on their table. And it looks like there is a world war brewing. China claims to still be a "third world" country, yet has achieved a far superior standard of living per capita.

Yes and no. Yes, many Americans are dependent on government subsidies but "no" because the reason for that is that the Rich have been ALLOWED to run without limitations and they have taken full advantage of that, to the point that the 15% of the population cannot even pay their bills even if they have 2 or 3 jobs a day.

AI Overview


The question asks for a specific, combined percentage which is not available as a single statistic in the provided search results. However, data indicates that
many who work multiple jobs still face significant financial insecurity.
  • Multiple Job Holders: Approximately 5.7% of employed Americans work multiple jobs.
  • Struggling Financially: Of those with multiple jobs, more than half (53% to 69%) do so out of necessity to cover basic expenses or need additional income. One report indicates that 65% of multi-job holders are still living paycheck to paycheck.
Overall, millions of Americans work multiple jobs, and a substantial majority of these individuals continue to struggle to make ends meet.
The stock markets are great tools for trade and commerce, but they do not reflect the inner health of a nation. I think what is going on in the stock markets today is a sickness. Serious investments should be stable. They should not go up or down wildly like they are doing now. There will very likely be a major correction in the near future, but anyone who invested in a good company should not fear.

You are 100% right here. Here is an AI response to what is happening with the SPX leading the market right now: “One of the biggest contrasts this year has been the widening gap between Main Street and Wall Street. Wage growth has cooled (the Atlanta Federal Reserve’s tracker is around 4% lately), sentiment has slid (the Michigan Consumer Sentiment Index is at 53.6 in October, down from 70.5 a year ago), while S&P 500 earnings and margins have marched higher (blended net margin is about 12.9% in Q3, above the five-year average). Hence the cliché: Markets are not the economy”.

In addition, market growth has been mainly because of AI and those companies in the industry (AAPL, AMZN, GOOGL, NVDA, MSFT) and do not reflect what the overall economy is doing.
The measurements I am looking at all look good, post Sir Senile Idiot O'Biden. We people are happy to subsist on very little. But we will not tolerate subjugation to another.

We will be free.

Free? Under Trump's oligarchy where it is always "his way or the highway"?

Why are all Trump supporters so blind?
 
The indexes are market-cap weighted, so the largest companies have outsized influence. The top 7 stocks in the S&P 500 were all a part of the AI buildout, as were several large and midcap companies, and they held both the market and the economy up.

Unfortunately, that business capital spending does not translate to most Americans. Household debt is now up to a record $18.6 trillion, as Americans keep spending on credit and are finding most things more and more difficult to afford. The wealthy have done exceptionally well, as a recent Goldman Sachs report laid out.

But you never know. Shit happens and things can improve. Lower interest rates could definitely spur growth, although we'll need to watch inflation if and when that happens. But the American economy is always resilient and flexible. Maybe the Christmas spend was strong and without too much credit used.

No one knows the future, even if they claim to.
Thank you Biden and his inflation. :rolleyes-41:
 
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