JGalt
Diamond Member
- Mar 9, 2011
- 79,146
- 102,324
- 3,635
Consider these facts:
The global stock markets have gained $26 trillion worth of wealth since President Trump was elected. That figure was from 2017, so you can imagine how much that has increased since then.
Global stock markets have gained $26 trillion since Trump's election win
As of January 2018, the US stock market had grown by $6.9 trillion, and that was before the more recent record bumps in the market.
Stock market's value under Trump has grown by $6.9 trillion to $30.6 trillion
Now we're not just talking about rich folks who have the extra pocket change to invest in the market: Does anyone want to take an educated guess as to how much of that invested in the market, is 401k and other retirement accounts?
So what's going to happen to those middle-class working folk's investments, should any one of the socialist-leaning Democrats happens to be elected in 2020?
Does anyone really think the market wouldn't suddenly bottom out, causing those middle-class people to lose billions of dollars worth of wealth?
The global stock markets have gained $26 trillion worth of wealth since President Trump was elected. That figure was from 2017, so you can imagine how much that has increased since then.
Global stock markets have gained $26 trillion since Trump's election win
As of January 2018, the US stock market had grown by $6.9 trillion, and that was before the more recent record bumps in the market.
Stock market's value under Trump has grown by $6.9 trillion to $30.6 trillion
Now we're not just talking about rich folks who have the extra pocket change to invest in the market: Does anyone want to take an educated guess as to how much of that invested in the market, is 401k and other retirement accounts?
So what's going to happen to those middle-class working folk's investments, should any one of the socialist-leaning Democrats happens to be elected in 2020?
Does anyone really think the market wouldn't suddenly bottom out, causing those middle-class people to lose billions of dollars worth of wealth?