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>trump is good for the econo-
>>7336244>m-muh trump bump
Literally nobody said trump would be good for the economy. He's going to shake things up. Hillary is the wall street shill.
will he take credit for the biggest plunges in dow's history on twitter
>>7336244Well, people were saying the economy doing good was because of obama. So it doing bad now must also be because of obama correct ? Let’s see you try and turn this around hahaha
>>7336244if you are suicidal over crypto just remember this is literally an entire year's worth of gains for people
Still up 6000 points since election.>b-b-but muh big scary red numbers!! #IMPEACH
>>7336244Trump was a literal grenade elected into office as a fuck you desu
It is Obama's economy finally kicking in
>>7336244
Anyone with a brain knew the market was way too hot. Corrections are neither unexpected nor indicative of an unhealthy economy.
>>7336244>This is Obama's fault despite Trump being in office Every republiTARD ever.
thanks obama
>>7336244>they earned him >let them finally have him
>>7336290lmfaohow many times will r/thedonald fags flip the scriptjust go back already
Leftypol socialists are buttmad that we're only off 5% instead of 100%
>Dumbass conservatard friends and family bitch about Obama in 2008, blaming him for the tanking stock market>rest of his term is a bull run>2017, same people attribute continuing bull run to heir Trump>stocks crash in 2018I keep telling people the incoming president doesn’t get blamed/credit for the economy for a year after the election, but they keep thinking the same retarded shit. Hopefully this doesn’t keep up for 3 years because trump appointed a bunch of corrupt morons to key positions and no one noticed because muh Twitter.
>>7336594>>7336511>Implying these people have anything in the stock market
>>7336244wages are rising cuck. deal with it
Lmao. When did /leftypol/ find /biz/? Zoom out you fucking cucks.
>>7336589>the bull run is because of Obama not Drumphf>no no the crash le Drumfffs fault XD kys faggot
I-Is it over yet? My beautiful waifu n-needs me to buy her something
Demotards can't tell the difference between points and percentage because they're economic illiterates
>>7336781>poltards think that -6% is typical
>>7336676>if you voted kremlin agent in the White House you pretty much deserve next 20 years of economic stagnation
>>7336244>implying Presidents really affect the economy
>>7336765Is there a term I can Google for japs in slutty race outfits?
>>7336390GOOD ONE, KEK
>>7336781>literally a years worth of gains decimated in a few days>being this much of a delusional drumpfkin
THIS IS OBAMA'S ECONO-
And never forget Donnie took full credit for the economy meaning the crash is also his. Trump will be remembered like Hoover which is great because we will get New Deal 2.0 out of all this: Right to housing, right to food, right to comfort etc
Liberals are getting dumber and dumber each fucking second. >stocks skyrocket>Trump hasn't got an influence on STOCKS!>stocks take a little dip>Trump crashed muh stocks>wages are still doubled>Drumftards Xd
>>7336290>>7336390is there a discord where you memorize those talking points ?
>>7336812Oh nooooooo guess I'll just cry into my bonuses and raises
>>7336390>>7336748>DOW at ATH thanks to Trump HAHAHAHAHA>DOW crashing is Obama's fault REEEEEEEEEE>t. trumpfagscan't have it both ways, you retards.
>>7336244The jews did this.
>>7336932>>7336918THe absolute state of Trump cultistsTell me more about Trump and his family of KIkes. How will they make america great again?
the stocks starting spiking before trump actually took office you fucking brainlets
>>7336918Umm sweetie, that was all Obama’s policies. Trump disaster consequences start now.
>>7336918Yeah, it's like the economy takes at least a year or longer for the president's policies to take effect, and meanwhile they're riding on their predecessor's waves.>Wages are still doubledFucking what?
>ITT: Delusional burgers justifying their incompetent presidentEnjoy your crisis fatfucks
Trump has been strocking his dick on twitter daily for months about the rising DOWIt's only fair to shit on him when it dips.If you disagree you're wrong and should go back to /r/the donald
>>7336244>Trump is the FED
>>7336733this, also go back to your tranny discords fags
>>7336971>Being mad everyone is getting paid more now
>>7336887We're up 20% from last february.
>>7336971most cults make you pay money to them instead of receiving more money though
>>7336912This is a correction everyone's been predictibg for months, not a crash, you fucking retard
>>7336918>wages are still doubledimagine being so delusional you literally just start lying
>>7336973> went up %1> spiking
/biz/ is basically a /pol/ colony at this point, you wouldn't believe how many /pol/acks on their board admit to be /biz/sraelis. Unless furry and pony porn is allowed on all boards. This site is good as dead. And I blame Trump and Reddit for causing all of this. Fuck that worthless kike lover who wants to give out amnesty and let more Americans die for Israel.
I lose hope in humanity >stocks are doubled was a fucking exaggeration you braindead /leftypol/ trash, how the fuck do you cnn cocksuckers even get on 4chan.This board is so goddamn infested with you I am fucking dying.We are still up 20% cunts.
>>73368171+ weeks ago:>trump is making america great again just look at the stock market!Today:>I mean the president doesn't really control the economy let's be honest he's pretty much just a figurehead.
>>7336244>>trump is good for the econo-The economy is rock solid. Find a source that says the sell off was from economic weakness. The fear is that the economy is too good. The selloff is a result of trading bots dominating trading now making selloffs more violent and extreme. The same bots also push markets up much faster than they would otherwise move.
>>7336390>So it doing bad now must also be because of obama correct ?No, he left office over a year ago.
>>7336959Americans were the creation of Satan and Freemasons. Their pathetic country is going to collapse and everybody will celebrate. They're circumcised mutts with no relation to Europe. This also goes to Aussies, Brits and Leafs as well.
>>7336666So fuck the prez and see who surround him= knowledge of outcome.
isnt the stock market completely manipulated at this point
>>7337205What a fucking faggot are you this is healthy correction you 14 year old retard.
>>7337199Msnbc* cocksuckers. Iff you're gonna talk shit about us at least do it right.
>>7337205Unlike buttcoin, stock index corrections don't mean the end of the world or an unhealthy economy. People have been expecting a 10-15% correction for a while. Nobody with anything to lose didn't anticipate this
>>7337205Pepe is now a boomer meme, by posting him you're proving to everybody that you belong on plebbit. Amerinigger >>7337235Trump is hated for the wrong reasons, what he should be hated for his how he's going to give out amnesty to every single beaner and not to mention worship Israel on whatever they say. Only brainlets hate him for shit like "muh democracy in the darkness"
At least he has the decency to totally ruin the economy during his presidency rather than letting it rollover.Clinton spends his time cleaning up after Bush SrObama spends his time cleaning up after Bush JrPence spends his time cleaning up after Trump is impeached
>>7336959thats not the point libfag
Say it with me:President Bernie Sanders.
The best thing about this thread is complete lack of market knowledge and economic insight. /biz is a pack of retards.
look at the DAX and FTSE dumbfucks must be because of Theresa May and Merkel? fucking brainlet partytards
>/pol/
>>7337261Did you just fucking confess to being a liberal. This is the day of 4chan's funeral, it was good when it lived guys. It's gone, normies took over.
>>7336959>4% drop>crashthe sooner you end your life, the better
>>7337318>ironically using /biz instead of /biz/ You're just proving your plebbitness, newfag. Go back to r/the_cuckold and talk about how you want to dicksuck based black men.
>>7337286>people actually think the word is this simple Kys
>>7336244* recession during obama's presidency * "This is all Bush's fault" * economy skyrockets during trump's presidency * "This is all because of Obama" * recession during trump's presidency * "Wow this is all trump's fault"
>stock market on a bull run from 2015 to jan '18"My great amazing economic policies are single-handedly responsible for this tremendous success in the stock market, believe me. New record every week!!!This is all thanks to the Make America Great Again agenda!">today, the sharpest single drop since the 2008 crash"Despite our HUGE efforts to help American families, the mess left by bear-market Barack ruin-the-economy Obama strikes again! This is not the fault of #MAGA, this clearly is the fault of immigrants, unwed single mothers, and people who don't support the troops. SAD!"
>>7337229no foreskin no economic growth
Do you guys have anything worthwhile to say besides>drumpf is literally hitler conservanazis>No! trump is literally god incarnate libcucks
>>7336748this. Every MSM shill is saying the same thing. The markets are up because of Obama. The markets are down due to the interest rate increase scaring the shit out of people that have a colossal amount of debt.
>>7336420>an entire yearLol its worse than that. A DOW plunge like this could mean several years worth of gains lost for some people.
>trickle down economics>muh stock market = good economy>b-but Obongo
When the DOW goes up again, libtards will once again claim that it had nothing to do with Trump
The spirit 4chan had is long gone, everywhere you look, a trump hater, sad, a really sad day indeed. A minute of silence for a fallen politically incorect image board. LIberals rushed in, it's fucked.
>>7337462>down 4% >ytd up 5000 points and 40% Yes it whiped our YEARS of gains oh the humanity Go jump off your roof nerd
>>7337462Do the world a favor, end it. Please.
>>7337510We were always there, fuck off /pol/fugee.
>>7337421This is the internet.Either you're a SJW who wants to turn all kids into the opposite gender and only use neutral pronouns or you're a borderline nazi who acts like everyone is persecuting you.
>>7337565Being a Nazi is objectively the better option between the two
>>7337326Ftse is down 108 points, dax regularly shits 2% for fun, wow its fucking nothing. Mutt problem.
>>7337508The truth is it has literally nothing to do with the politician in office and everything to do with whatever the central bankers decide is in their best interest.
NOBODY IS FUCKING DENYING THIS IS A NORMAL MARKET CORRECTION, YOU FUCKING CLOWNSThe point is that Trump and his shills have been boasting that he's the reason the market has been booming over the past year. Now that the market is correcting, Trump is silent and his shills are saying that the president doesn't have much of an effect on the market. It's the fucking hypocrisy which makes me glad you mutts have a statistically higher chance of dying before me. You can't have your cake and eat it, too, you niggers.
>>7337521Everything can be a gain when you look at it a certain way.This is a bad sign, it fucking crashed today, if this trend continues tomorrow we'll have panic selling for the rest of the week and next monday could be the start of a real recession.It might be up that much this year but you should read up on volatility.
>>7337597Nonsense, this economy is thanks to Obama, so it's his fault the Dow dropped 1700 points in two days.
>>7337597he is and the market booming is why a correction is happening.
>>7337597I bet you voted for Hillary bitch.
>>7337597go bac to pol dumbshit
>>7336887>>literally a years worth of gains decimated in a few daysLiterally unable to do elementary level math
i think one of the reasons i enjoy the smell of my own farts is because my body associates the smell with a sense of relief that comes from expelling pressure that had been building up.
>>7336244Bad for nocoiners, good for us.
>>7337630>recession will start over 10% fall on the Dow even though almost every other indicator is good No anon get off /biz/ we have gdp growth hitting 3% we aren’t in a recession stocks=\= econemy you fucking cut
>>7337240It always has been. It runs the same way crypto does, with whale dumps and buybacks albeit at a slower pace. Companies are known to FUD themselves or allow a "crash" to convince holders to drop their stocks so they company can buy them back up before they make major announcements or deals that are expected to inflate stock value.
wow thanks Obama...................................
>>7337286Clinton caused to 2008 housing crisis with his "give every nigger a free house to ruin" policy
>>7337597>Now that the market is correcting, Trump is silentObviously. Anybody that knows what a market correction doesn't need an explanation. The people that are crying about the DOW going down are just retarded and know nothing on how the market works
>>7337597
>>7336244https://twitter.com/realdonaldtrump/status/931469365538672640
He just continued Obama's policies you fucking idiotThis is just a central bank created bubbleAnyone that can't see this is a absolute brainlet
>>7337166You can thank Bitcoin for that.>hurr i don't have to work just sit at home posting on /pol/ and dealing in my imaginary monies
>>7337692If interest rates rise the burden of debt increases which cancels out that growth. It only takes one crash in the market and one interest rate increase to fuck the entire economy. Debtors won't be able to pay back creditors because we've had such low interest for so long but that's changing now.
>>7337521A lot of people unironically put money in the companies listed in the DOW and play a long game of watching it climb up. Boomers in particular. A drop like this can actually resonate to a loss on a few years gains for those people.
>>7337775They won't be laughing when Pablo and his 15 cousins get amnesty by Trump.
>>7337356You make some valid points, I'm going to go study up
>>7337482Explain how a tax cut could possibly cause a market crash. Not that this is one, it's a correction.
>>7337341Biggest drop since 2008. Are you really this simple?
>>7337760>tax cuts for the richest of the rich and fucking over real peopleNo that is all drumpf and very typical banana republican.
>>7336244He is, the market is being stupid this week.Let me put it this way, Broadcom said they'd pay 82$ a share for QCOM to take it over... QCOM was at 66$ at the open, so obviously it goes up, right? Right, I mean a company just offered more than that per share, QCOM closed at 61.73$ down 6.5% on another company extending their offer from 70$ a share to 82$ a share.
>>7337630>if this trend continues tomorrow we'll have panic selling for the rest of the weekAs though this is a bad thing. How do you buy low and sell high if it only goes up? I'm praying BTC and the stock market tank. That's when you get rich.
>>7337917This, this is really nothing more than what happens every year. I would hope /biz/ would get that, but apparently jerking off about MUH DRUAMPFS is more important.
>>7337781If they put money in the DOW 3 years ago, it's up 30%. This correction will only hurt people that invested in january specifically.
reminder:https://www.wsj.com/articles/ge-shows-long-road-ahead-in-restructuring-push-1516797761this is the Enron of our time
>>7336290Is that why drumpfs cabinet is full of goldman sachs folks and a fucking oil company boss?
>>7337630Good, so confident it's going to keep going down? Short the market.Go on, put your money where your mouth is. Be sure to post receipts.
his same exact shit happened in August 2015. Dow opened down -1100 points, and that's when the index was at 16000, not 26000.Put your money where your mouth is and short the market if you think its going down so much.
>>7337964I mean it's earning seasons with an interest raise, after a major run.The selling is over done hard, companies are beating estimates and going down, the economy is producing more jobs than expected, and so on. This is an amazing time to buy as things are doing well, but the market is freaking out.
>>7337985GE is NOT like Enron, though. GE actually makes things. If they've been cooking the books, then it's not hard to go back and correct it with liquidation.
>>7337835Literally everyone got a tax break except for rich costal liberals. Unless you had an enormous SALT reduction before, you get a tax break now.
>>7337964Twittertards saw the new #resistance fuck drumpf hashtag and came to 4chan to see if we were triggered. that is all
>>7337205I'm not a Trump supporter, I don't blame Trump nor do I give him credit for anything. All the corporate jawboning about jobs and new investment was just a publicity stunt to get the public okay with their massive tax cut.
>>7337593https://www.marketwatch.com/story/european-stocks-covered-in-sea-of-red-as-global-selloff-picks-up-steam-2018-02-05https://www.cnbc.com/2018/02/05/european-markets-eye-data-earnings-politics-amid-global-selloff.htmlhttps://www.reuters.com/article/europe-stocks/live-markets-closing-snapshot-european-shares-end-near-3-month-low-idUSL8N1PV5M8hmmmmm....
>>7337831>looking at points instead of percentageswew
>>7336321he will find a way to blame MSM for it, and he will be partially correct.
>>7338074It depends on how far back it actually goes though. If GE has been skirting around GAAP and lying for years this is potentially billions of dollars. Then it comes down to who is dependent on GE or anyone with financial ties to GE. It could be a domino affect.
>>7336244It’s almost like all those economists were telling the truth about his economic policy making no sense
>>7336971>"Unite Jerusalem"
>>7336390>largest drop since 2008Because the trend of growth happened under Obama, and under Trump, that trend stopped.
>>7338074this has been going on for years and they have tons of non-tangible marketsit's also worth mentioning that their entire accounting department was hired by their auditor last year...and now here we are
>>7337779>f interest rates riseThe only reason some are speculating interest rates will rise is that wages are increasing rapidly and the old men and women at the Fed don't understand heavy economic growth in a deflationary environment. They are flying blind.Reality is it's a new paradigm of abundance. Goods are declining in price and production costs are going down due to technology and improved market efficiency. The world is too prosperous and the market algorithms are breaking down.
>>7338079>muh literallyIs there a quicker way to reveal how much of a massive faggot you are?
>>7338079I suspect this is why shitlibs are angrier than usual about this tax bill. They just got their taxes raised and they can't escape it anymore by using SALT deductions. Meanwhile the DNC is close to bankruptcy and still has no capable leader.
>>7336321Biggest point drop in history, it's not the biggest percent wise, not even in the top 20.
>>7338226>hurr let me cover for getting caught in a lie by complaining about wordsKill yourself
>>7337018this. I love that he wants to catapult pacos back to Mexico and ban mudslimes, but he can eat a dick when it comes to the DOW.
>>7338240Pretty much. Though I would phrase it as them being SALTy that they actually have to pay both the state and federal taxes that they voted for.
>>7336390Let me break this down as clearly as I can. It takes some time for the economy to react to policy changes. The economy going up before and right after Trump got in office was not due to his actual policies because they were not yet implemented. Now that his tax plan is actually through and he has been affecting the economy for a whole year, we will start to see it react to his policies.This may be the start of that.
>>7337380same shills, new script for /biz/its like 2016 all over againyou can see leftists everywhere have made this instant switch from saying "thanks obama" for economic gains to "thanks trump" for a diptheir views are chimes in need of windget a job
>>7337482TRICKLE DOWN ECONOMICS ISN'T EVEN FUCKING REALwhy are you leftists so fucking brainwashed?Get off biz now
>>7336244DRUMF is literally an orange. Which means he will not be in peach'd. SAD
>>7338442Trump supporters think if they give billionaires these massive tax cuts worth hundreds of millions they might get a couple hundred dollars a year
>>7336918>wages are still doubled
>>7338455phucc i never thot about it that way before famicom
>trump gets elected>market goes parabolic for a year straight>finally pulls back some>BUT MUH DRUMFkys
>>7336290Do you hear that? It's the march of destiny.
>>7338125>Since 2008>Since
>>7338512OVEREXAGERATION MOTHERFUCKER REEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Anyone that unironically uses the words neoliberalism or trickle down is a fucking brainlet
>>7338348Stocks rallied immediately after Trump's election in anticipation of his favorable taxation and market policies, which have indeed caused massive growth since. A correction doesn't change this.
>>7336733Go back to /pol/ subhuman. Stop thinking every board is just a different chilling spot for your fucktarded kind.
>>7338491Almost all the billionaires are vocal Democrat donors and voters you spastic cunt.
>>7338491If you make more than 12k a year, the new tax law puts 600 dollars in your pocket.
>>7338442>TRICKLE DOWN ECONOMICS ISN'T EVEN FUCKING REAL
dumped all my eth into a pajeet ponzi thinking this is it for crypto but im already up all you cucks are clueless
>/biz/>/not understanding what a correction is/brush up on your market terminology and maybe you'll find a way to justify bitcoin's 50% "correction"
>>7338610Sanders would absolutely destroy the economy and fuck over young people>>7338491NoAllowing business to keep their capital is how economic production occurs in the first placeOf course letting them keep their own money will help the economy you fucking brainletAlso Reagan never used "trickle down"
>>7337510Pol are literal stormfront refugees fuck off newfag
>take a nap>wake up>the economy is killOh wow.
>>7338442>trickle down is leftistYou're fucking joking, right?
>Be /pol/>vote for Trump >Get unlimited amounts of beaner amnesty and a dropping economy but muh based nonwhites tho >>7338822Don't put sense into plebbit refugees.
>>7338698I can't wait until Trump gets elected again and you lefties commit mass suicide in protest. It will be amazing to watch.
>>7336244THIS IS GOOD FOR BITCOIN!!AHHHHHHHHHHHHHHHhhhhhhhhhhhh!!!!!
>>7338588lel
Reminder not to talk politics or economy with you know who They are clueless and will only drag you down to their level >>7338384Or maybe we've been in bull run since 2008 because of Obamas economic policy and now trump is finally doing something, the market is reacting instead of continuation of what's been happening for the last fucking decade
>>7338822He means the term itself, not what it's supposed to refer to
>>7336290which is why Trump's secretary of state is the former CEO of Exxon?
>>7338878>Amnesty and a shit economy is doing something according to nu-/pol/
>>7337211You Burger dumb fucks are actually past the point of delusion now arent you... jesus christ, you have no idea.
>>7338875P A R A B O L I CA RA BOLIC
>>7338942Americans are literal mutts, they have the IQ of a fucking potato. That's why all of their presidents love Jews so much
>>7338875THIS IS THE GAYEST PIC I HAVE EVER SEEN NOT JOKING
>>7336828Car shows maybe?
>>7338943Ok, but where is the drop?Show 3 years or something
>>7337750>all those spikes in 2010>when Republicans took back the house and the 6 years of political gridlock beganREALLY fires up that gray matter
>>7336244For some reason people like to give this guy credit for a lot of things, it's not really fair and disrespectful towards people who actually make the economy run too.
>>7339065The point is it went way too long without a pullback, it can't just keep going you retards.
>the president has a large effect on the economyAll of you are brainlets.
>>7336244what did he mean by this?
>>7336828レースクイーン
The only reason our stock market is having issues is because congress wont pass a damn budget. Its really almost like they're doing this on purpose.
I don't understand, why is it falling? Literally nothing has happaned. There hasn't been a terrorist attack, no companies have been found secretely committing mass fraud or lending money to homeless people. There's nothing. It's just nonsense.
>>7339544two words, starts with T ends with N
>>7339603Tether coin?
CTR must be working overtime today. Shame, that's a lot of super PAC money being burned through today while the DNC is dead broke. I'm surprised they let Brock continue this.
Voted for Hillary Clinton but will be voting Republican at midterms to thank them for my tax cut. Likely will vote against Trump in 2020 though.
>>7336244this isnt obama or trumps faultthis shit just goes in a pattern
>>7339544Raising bond yields triggered a few hundred point loss on Friday, which made investors scared and started panic selling today.It showed signs of recovery though, so w/e.I would literally kill for a large correction. Getting the chance to enter large stocks at a low price before they just keep rising to even more ridiculous prices would be amazing..
>>7336390this
>>7339683
>>7337336Shut the fuck up reddit newshit, your pictures and filenames are just screaming about how new you are. Go back to /r/T_D and stop pretending to be an oldfag, it's pathetic.
>>7338442https://en.wikipedia.org/wiki/Trickle-down_economics
D-DO I BUY SVXY STOCK?IT'S DOWN $34 DOLLARS ONLY $19 RIGHT NOW
>>7339127I thought Obama was great for the economy. Which one is it nigger?
>>7339544New Fed president a few days agiA little unstability create a massive chain reaction of panic attackIt's litteraly nothing and will be back to normal in 48h
>>7339544>no companies have been found secretely committing mass fraud>doesn't know about GE
>>7339730cunt
>>7339996I've never been to reddit you sandnigger trash.
>>7336244TRUMP IS GOOD FOR MAKING HILLARY (AND OTHERS LIKE HER) LOSE, LEARN THAT AND YOUR LIFE WILL BE EASIERtrump dont even believe at illuminati/elite and only started to talk about deep state after being spied
>NO! This is NOT my fault!>It's the chinese with the help of the liberal elite trying to derail the path to making America great again!>I hereby declare war on China (and Iran because fuck those guys), our debts removed, and making America GREAT AGAIN! NOW WE'RE DEBT FREE I AM THE GREATESTAt least he finally gets to test those nukes he's been nagging about.
>>7336420For Coiners this drop in DOW might look like fucking nothing because it's the kind of drop we can see every day, but on Wall Street and normie world this "small" drop can mean some people just lost all their money not only a year but lifetime savings
>>7336244>dow 25,000Reminder it was 18,000 when he was elected. Down 6% from a 35% gain... surely the end times are upon us.
why is there a Trump tweet for everything he will end up making?
>>7336244Democrats 2017 as the market rises: The market is going up because of Obama.Democrats 2018 as the market goes down: The market is going down because of Trump Brainlets.
>>7336244WHICH ONE OF YOU BURERS IS THIS???CONFESS! ! !
>>7336912>Right to housing, right to food, right to comfort etcgtfo reddit commie
>>7341794except that the satirical logic you posted makes sense
>>7341558what is it about liberals and falling for fake news? That's a fake tweet dumbass. Link to it, i'll wait.
>>7342234lol it seemed plausible
Can we impeach him and bring the Hilldawg to fix things up?
>>7336290Jesus fuck the damage control
>>7336244Did I click on /pol/ by mistake again?
>>7342458Yes, go back to /a/ you pedo.
>>7336959
>>7337242>dow drops 7% in 2 days>this is a healthy correctionDelusional
>>7336244Show me the candle for the entire year.
>>7336426this. /thread
>>7342675
http://www.princeton.edu/~mwatson/papers/DemRep_BlinderWatson_July2015.pdf>An extensive and well-known body of scholarly research documents and explores the fact that macroeconomic performance is a strong predictor of U.S. presidential election outcomes. Scores of papers find that better performance boosts the vote of the incumbent’s party. In stark contrast, economists have paid scant attention to predictive power running in the opposite direction: from election outcomes to subsequent macroeconomic performance. The answer, while hardly a secret, is not nearly as widely known as it should be. The U.S. economy performs much better when a Democrat is president than when a Republican is.>Section 1 documents this fact, which is not at all “stylized.” The superiority of economic performance under Democrats rather than Republicans is nearly ubiquitous; it holds almost regardless of how you define success.
Tbqh this crash was inevitable. I just wish I didn't expect it later. I'm down quite a bit on my investment and it sucks considering I've lost on crypto as well
>>7342981Just a correction, just wait it out. And if it really does crash for good, well then it wouldn't matter either way
What the Trump retards need to learn in this thread is that /biz/ and traders and general do not give a single fuck about your ideology. We're here to make money.Give me the fucking GAINS or GET THE FUCK OUT. Do you see any gains going on right now? Get your fucking bullshit excuses out of here and go back to your circlejerk.
>stock market rises to all time high>"THIS IS BECAUSE OF OBAMA!">stock market falls>"THIS IS BECAUSE OF TRUMP!"
>>7343116We're up 20% from a year ago, retard. After years of stagnation.
>>7343225Yeah okay dude
>>7336390Morans - that teaching lady said I just need 2 learn...U r shill or simple.
>>7338678Short spikes mean nothing in the long run.
>>7337166Fuck off home /pol/ this shit isn’t yours.
>>7343081Crypto? Sure. Stocks? A correction that'll last a couple years maybe.
>>7343225Idiot.
The best part of that fake twitter is how it literally triggers the biggest shitposting and derailing cunts on the entire site.
>>734345014 months isn't short
>>7343286We went up more in 2017 then the previous 3 years together. Why are you bitching about gains?
fuck trump and his brindead supporters
>>7336589>>7336244its neither its the fault of all last presidents that increased the goverment spendingits fault of bush obama and trump ( clinton a bit )the just need to spend less money
Jesus anti-trump people are foaming at the mouth insane. The stock market is up massively since the election, this is a small dip compared to the massive gains that were made yet you have people saying he killed the economy. I can't imagine how much stress and anger anti-Trump people must be under on a daily basis.
>>7344073In fact I just looked it up and the stock market is still up 25% since his election, when it had barely been growing before then. Under Obama the market went up 2k in around 3 years. Under Trump, the market is still up 6k in a little over 1 year.
Reminder that Trump and GOP proposed and passed the fucking awful crypto taxes a few weeks ago
>>7336244He warned you. The dialectics are in motion now.
-my
>>7336244Hillary would've just prolonged quantitative easing and artificial inflation of the market. As bad as it may get now with Trump, it would've been way worse with her. Sorry that your nanny government hasn't been prolonged another 4 years faggots.
>>7344541Hillary doesn't control QE and Trump's pick for Fed reserve chair isn't changing shit
The only people who thought this cuck king was ever going to be a good president were other cucks.
>>7336390>economy doing well before he's done anything>makes a bunch of changes>dow tanksgee that was hard
>>7344583Trump's pick is indicating that he's not willing to kick the can down the road like Clinton, Bush and Obama did, and is looking to raise interest rates.But you keep believing you know what you're talking about.
>>7344800What does status quo mean to you? Because he is the status quo candidate. What you said isn't status quo.
>>7336244>economy is doing great.>trump did nothing it was obama>economy is doing bad >it is all trumps fault. fuck trump?
>>7336959>trying to reason with braindead pollocks
>>7345363but trump directly took credit for the economy booming.
>>7336244>>trump is good for the econo-Sure is. Made a nice 500 in the last couple of days in the USA. You all got weakhands when it couples to trading. Your shitcoins told you how NOT to trade.
>>7336244you have to be double digit iq to think TRUMP could have stopped the inevitable. i was surprised he sustained it this long.
>>7336712hows rising wages make a difference ?
>print a trillion dollars out of nowhere>wtf my stocks are plummetingRand was right. If only you listened...
this fall has been organised
have a look.it's started falling on the 30th of january.what happened on the 30th? job market and wage report the investors don't like wage growth.
>>7336244It’s because that cunt Janet Yellen raised rates.
>>7336244>ima day it’s trump when it’s bad and obonga when goodCan’t have it not big ways chumpWhen it collats you retards are gonna have such a hike to back petal on you lose the next 50 elections
>>7336925There's no discord, but r/le_dolan is a shining examples of where these fags discuss their propaganda.
(((Yellen))) did this
>>7336666>2008-2012 A bull run
>>7345971this. the money should be for dividends. fuck wages
>>7336244The real reason is because Jerome Powell was sworn in today as chairman of the Fed, and he is the FIRST non-Jew to be sworn in in ages. Rothschilds are chimping out.
>>7336244Happens right after he capitulates on amnesty for Anchor Brats. You idiots asked for it.
>>7336666>the incoming president doesn't get blamed for the economy
>>7345218retard
>>7336244> u demthugs never disspoint.> when stock market moon during tump era , he thinks just because niggar did it> when it crash, word twist, its because tump
>>7336269I'd agree but Trump just had to go and boast about how the economy is doing amazing because of him and link it's success (or lack of success) to him.The retard actually bought into his own hype.
>>7338256>>7338147The Dow Jones falling is a good thing, you see the dollar got to strong, if the dollar gets to strong we cannot compete with chyna, A stronger dollar means weaker exports.