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Golfing Gator Do you really believe the stock market and the economy will flourish again given the policies of the current administration?
Cash is king.
Every time there is a been bear market fall, the doomsday soothsayers are their to predict the end of life as know it. The fact is since the great depression there has never been a bear market that has taken decades to recovery. In fact, Once the S&P 500 does hit the 20% threshold which it has, stocks typically fall by another 12% and it takes the index an average of 95 days to hit the end of a bear market. The recovery on average will takes 2 years to reach the previous high. Some bear markets have recovered to the previous high in less than a year.
Revisit this post 2 years from now.
and 2 years from now when it is back up you will claim it is all because the Repubs won in the mid-terms.
Why even bother?
Your assumptions are based on stereotypes just as most statements on this board. There're 48 million people that are actually members of the democratic party yet in 2020 81 million votes were cast for Biden. So 33 million democratic votes did not come from members of the democrat party. Most of these voters lean left or lean right or don't vote depending on issues and candidates. A similar situation exist is the republican party. The Income level of registered democrats is only about 4% below that of registered republicans. There is no way to know what the income levels are for swing voters or even those that consistently lean left or right.Like I said, broke people tend to be hardcore Democrats. The truth hurts as are most
finviz.com
finviz.com
The real power in controlling the economy rests not with the administration but with the Federal Reserve Board. The administration has tools such as increasing and decreasing government spending which usually requires some act of congress. The positive effects such as economic growth and negatives effects such as inflation is difficult to quantify although most economists agree that increases in goverment spending simulates both growth and inflation.Yes, I really the stock market and the economy will flourish again despite the policies of the current or the next administration.
I understand that you all have to blame everything on the current administration, and while he has made things worse than they need to be, much of what we are experiencing would be happening no matter who won the previous election
Of course policies can effect the market because they lead to projections of higher or lower earning. However, whether those projections hold depend on a lot of factors. Some policies such as those that will lead to military actions can have both a positive and negative effects on the market. The same is true for other large government spending programs which can stimulated retail sales which are positive for the market but they can also create a need for tax increases which are negative.Newsflash, policies do matter and do affect the economy and the stock market.
Your assumptions are based on stereotypes just as most statements on this board. There're 48 million people that are actually members of the democratic party yet in 2020 81 million votes were cast for Biden. So 33 million democratic votes did not come from members of the democrat party. Most of these voters lean left or lean right or don't vote depending on issues and candidates. A similar situation exist is the republican party. The Income level of registered democrats is only about 4% below that of registered republicans. There is no way to know what the income levels are for swing voters or even those that consistently lean left or right.
Democratic Party (United States) - Wikipedia
en.wikipedia.org
First of all 66% of voters, republicans or democrats get to the polls by car. Another 30% get to polling places by walking or public transportation. The remaining 4% get rides on private buses vans, etc...Forget the averages as they are skewed by delusional very high wage earners in large urban areas. Go to a ghetto or the vast majority of low income areas in the neighborhoods and you will find an overwhelming number of Democratic voters, if they vote at all. This is exactly why Democrats want to bus people to the polls and why they don't want voter id. They know their constituency. The least responsible in our country vote for Democrats. That is not to say that there aren't some responsible or wealthy Democrats nor some irresponsible, poor Republicans. Higher earning white collar workers, particularly those NOT in large urban centers are very Republican. In my red state, these are the voting demographics.
