The 2024 Election —What did we learn?

PasstheDamnBallGuy said:
It's neither. The stock prices are going to go up because they know companies are getting less taxes and regulations. I'm sure some CEOs will get some nice bonuses from this and then also pay less in taxes. 
Click to expand...


Some days the stock market surges and the reason cited is bullish first quarter returns for NVIDIA. Next week it drops and the reason cited is concern over a potential Mideast war. Then it goes up because of a promising jobs report. Then it goes down over a drop in consumer confidence. 

But in the long haul -- the one the institutional investors are on -- the market tends to drive itself, without daily or weekly or even political rationalizations. It was getting along just fine with the Bush administration until the investment banks and derivative bundlers made trillions of dollars disappear in 2007 -2008. The market rebounded surprisingly fast and soared to record levels under the Obama administration. It continued its arc under Donald Trump until COVID took its cut. Then rebounded surprisingly fast again under Biden, soaring to more record levels.

The market doesn't like uncertainty, and at the very least the election offered certainty. The market had clearly thrived under both administrations, and CEOs never stopped being fabulously compensated. When the market has a bad day in the next couple weeks, it won't be because it suddenly changed its mind about the Trump election, it will just be back to the ebb and flow we pretend to understand.

Get ready for Trump to take full credit for the already robust U.S. economy.

 
Guy Chamberlin said:
Some days the stock market surges and the reason cited is bullish first quarter returns for NVIDIA. Next week it drops and the reason cited is concern over a potential Mideast war. Then it goes up because of a promising jobs report. Then it goes down over a drop in consumer confidence. 

But in the long haul -- the one the institutional investors are on -- the market tends to drive itself, without daily or weekly or even political rationalizations. It was getting along just fine with the Bush administration until the investment banks and derivative bundlers made trillions of dollars disappear in 2007 -2008. The market rebounded surprisingly fast and soared to record levels under the Obama administration. It continued its arc under Donald Trump until COVID took its cut. Then rebounded surprisingly fast again under Biden, soaring to more record levels.

The market doesn't like uncertainty, and at the very least the election offered certainty. The market had clearly thrived under both administrations, and CEOs never stopped being fabulously compensated. When the market has a bad day in the next couple weeks, it won't be because it suddenly changed its mind about the Trump election, it will just be back to the ebb and flow we pretend to understand.

Get ready for Trump to take full credit for the already robust U.S. economy.
Click to expand...
Yeah that is a good point about the overall picture. It will be more individual  company level increases from tax cuts and dereg. Chevron being overturned and protection agencies being gutted and ran by morons is also going to long term boost some of these companies and make life miserable for a lot of people. 

 
Moiraine said:
I think RFK Jr. is an utter moron and think he will do a lot of stupid s#!t.

And I don't really have any hope.

But I actually think something should be done about unhealthy food. All subsidies that help produce sugary foods/corn syrup should go away. Soda and other foods that meet a certain threshold of sugar % should have their taxes raised to the cigarette tax (20%) and they should not be purchasable with food stamps. 
Click to expand...
Michelle Obama already tried this and people lost their damn minds. Now they applaud it heartily. I wonder what changed?

 
JJ Husker said:
JFC. I’m out.

I’ll be back when the paranoia has passed.
Click to expand...
Don’t blame ya and Good luck.   It’s gonna be at least four years before that.   
 

I can’t believe that people actually believe Trump will be the thing that causes the military to turn against its own people and us turning into a Dictatorship.   LOLOL.   :laughpound

 
Guy Chamberlin said:
Some days the stock market surges and the reason cited is bullish first quarter returns for NVIDIA. Next week it drops and the reason cited is concern over a potential Mideast war. Then it goes up because of a promising jobs report. Then it goes down over a drop in consumer confidence. 

But in the long haul -- the one the institutional investors are on -- the market tends to drive itself, without daily or weekly or even political rationalizations. It was getting along just fine with the Bush administration until the investment banks and derivative bundlers made trillions of dollars disappear in 2007 -2008. The market rebounded surprisingly fast and soared to record levels under the Obama administration. It continued its arc under Donald Trump until COVID took its cut. Then rebounded surprisingly fast again under Biden, soaring to more record levels.

The market doesn't like uncertainty, and at the very least the election offered certainty. The market had clearly thrived under both administrations, and CEOs never stopped being fabulously compensated. When the market has a bad day in the next couple weeks, it won't be because it suddenly changed its mind about the Trump election, it will just be back to the ebb and flow we pretend to understand.

Get ready for Trump to take full credit for the already robust U.S. economy.
Click to expand...


This, right here.

 
Back
Top