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
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.
However, the Federal Reserve Board's control of the economy vs the administration is more like a jackhammer compared to a pickax. All of following tools will decrease or increase the effective money supply either stimulating or depressing the economy.
Changing the Discount interest Rate which is the interest rate a Reserve Bank charges eligible financial institutions to borrow funds on a short-term basis is often used by the Fed. This effects mortgage rates on home buying, borrowing by individuals and businesses. The Fed just raised the discount rate by .75%. It last raised interest rates this much was in 1994. But other tools the fed have are even more powerful.
Open Market Operations which is the Fed’s most frequently used monetary policy tool. This consisted of buying and selling U.S. government securities on the open market, with the aim of aligning the federal funds rate with a publicly announced target set by the Federal Open Market Committee.
Changing Reserve Requirements which is the percent of deposits the banks must set aside as reserves thus decreasing or increasing the amount a bank can loan.
Changing Interest on Reserves which sets a floor beneath the federal funds rate which prevents or allows funds to loaned at lower or higher rate.
Nontraditional and Crisis Tools When faced with severe disruptions, the Fed can turn to additional tools to support financial markets and the economy.
Taken as whole, the FED has tremendous power when it comes to stimulatingly the economy or lowering inflation. Although major moves by the FED are almost almost always effective, they can go to far either creating a recession or increasing inflation. The appointment of the Chairmen of the Board of Governors of the Federal Reserve and it's governors is probably the most important act a president has in controlling the economy.
finviz.com
en.wikipedia.org
