This is the stock market’s worst start to a presidential term in modern history

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StmarysCity79

Well-Known Member
President Donald Trump warned Americans in 2024 that a vote for Vice President Kamala Harris would be a vote for a market meltdown.

“You want to see a market crash? If we lost this election, I think the market would go down the tubes,” Trump said at a Pennsylvania rally in late October.

Weeks earlier, Trump confidently predicted that if he lost, “the result will be a Kamala economic crash, a 1929-style depression.”



Trump won the election, but he may have been right about a crash occurring after the election.

Trump and his tariffs have taken a bull stock market and are on the precipice of turning it into a bear faster than any president has overseen in modern history. If the stock market closes in bear territory – a drop of 20% from a recent peak – it would be the earliest in a new administration a bull market has turned into a bear in the history of the S&P 500, which dates back to 1957.
 
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LtownTaxpayer

Well-Known Member
StmarysCity79 said:
President Donald Trump warned Americans in 2024 that a vote for Vice President Kamala Harris would be a vote for a market meltdown.

“You want to see a market crash? If we lost this election, I think the market would go down the tubes,” Trump said at a Pennsylvania rally in late October.

Weeks earlier, Trump confidently predicted that if he lost, “the result will be a Kamala economic crash, a 1929-style depression.”



Trump won the election, but he may have been right about a crash occurring after the election.

Trump and his tariffs have taken a bull stock market and are on the precipice of turning it into a bear faster than any president has overseen in modern history. If the stock market closes in bear territory – a drop of 20% from a recent peak – it would be the earliest in a new administration a bull market has turned into a bear in the history of the S&P 500, which dates back to 1957.
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When you walk around with a hammer, everything looks like a nail. Bless your heart!
 
CPUSA

CPUSA

Well-Known Member
STD79...which one are you?
Jan20.jpg
 
PJay

PJay

Well-Known Member
homedepot20 said:
The POTUS ( I refuse to call him by name ) friends are benefiting 😡😡
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"This is why Democrats are outraged over tariffs Donald Trump revealed the only reason we’re still paying an income tax in America is because US Politicians are paid off by foreign countries to not mandate tariffs Anyone complaining about tariffs is selling you out “In the early 1900, they switched over stupidly to an income tax. And you know why? Because countries were putting a lot of pressure on America. We don't wanna pay tariffs. Believe me, they control our politicians. If you look at the kind of numbers that these guys make then and now” We are all literally paying an income tax because US Politicians are taking bribes from foreign counties to enrich themselves You should be furious"

 
glhs837

glhs837

Power with Control
The same engineer at work who is sure he's on an enemies list and assured me that no there wasnt an gargantuan increase in illegals, no matter what the CBP ( Who are they, he asked me) said about 10 million coming in over four years was at it again. Declared today that he was happy he pulled all of his money out of the market on Inauguration Day because he knew Trump would crash the market. He was making two percent, not much, but better than us who were losing all our money.

When I asked him when he was going to call the bottom and get back in...... He seemed confused. When I told him that our money wasn't lost unless we sold, that confused him as well. He said he would get back into the market when it came back up....... :) I told him the only way to make money was to get back in when the market was at the bottom, he said he wouldn't risk his money.....
 
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Kyle

Kyle

Beloved Misanthrope
PREMO Member
glhs837 said:
The same engineer at work who is sure he's on an enemies list and assured me that no there wasnt an gargantuan increase in illegals, no matter what the CBP ( Who are they, he asked me) said about 10 million coming in over four years was at it again. Declared today that he was happy he pulled all of his money out of the market on Inauguration Day because he knew Trump would crash the market. He was making two percent, not much, but better than us who were losing all our money.

When I asked him when he was going to call the bottom and get back in...... He seemed confused. When I told him that our money wasn't lost unless we sold, that confused him as well. He said he would get back into the market when it came back up....... :) I told him the only way to make money was to get back in when the market was at the bottom, he said he wouldn't risk his money.....
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You can’t fix stupid.
 
stgislander

stgislander

Well-Known Member
PREMO Member
glhs837 said:
The same engineer at work who is sure he's on an enemies list and assured me that no there wasnt an gargantuan increase in illegals, no matter what the CBP ( Who are they, he asked me) said about 10 million coming in over four years was at it again. Declared today that he was happy he pulled all of his money out of the market on Inauguration Day because he knew Trump would crash the market. He was making two percent, not much, but better than us who were losing all our money.

When I asked him when he was going to call the bottom and get back in...... He seemed confused. When I told him that our money wasn't lost unless we sold, that confused him as well. He said he would get back into the market when it came back up....... :) I told him the only way to make money was to get back in when the market was at the bottom, he said he wouldn't risk his money.....
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And yet he still received an engineering degree.
 
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BOP

BOP

Well-Known Member
stgislander said:
And yet he still received an engineering degree.
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I should have went for it. I wanted to go to UNO and get an engineering degree in Naval Architecture and Marine Engineering. I didn't apply because I sucked at math. Still do.

That guy makes me wish I'd gone ahead and pulled the trigger.
 
BOP

BOP

Well-Known Member
PJay said:
"This is why Democrats are outraged over tariffs Donald Trump revealed the only reason we’re still paying an income tax in America is because US Politicians are paid off by foreign countries to not mandate tariffs Anyone complaining about tariffs is selling you out “In the early 1900, they switched over stupidly to an income tax. And you know why? Because countries were putting a lot of pressure on America. We don't wanna pay tariffs. Believe me, they control our politicians. If you look at the kind of numbers that these guys make then and now” We are all literally paying an income tax because US Politicians are taking bribes from foreign counties to enrich themselves You should be furious"

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www.icij.org

United Arab Emirates a go-to offshore haven for Africa’s political and business elite, leaked records show - ICIJ

The UAE’s record on illicit finance raises concerns for its relationship with the world’s poorest continent, experts say.
www.icij.org www.icij.org


It's certainly not limited to Africa:

Owning shell companies and bank accounts in the UAE, one of the world’s most secretive financial havens, is a growing trend among African politicians and their business allies.


“The UAE is the center of the world,” Nour El Fath Azali, 37, recently told ICIJ media partner La Gazette des Comores.
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