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The New Coffee Room

  1. TNCR
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  3. For Horace - stock market will go up regardless of who wins President

For Horace - stock market will go up regardless of who wins President

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  • HoraceH Horace

    Thanks for this update TG. It's good to know that my extraordinary wealth is safe.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #5

    @Horace ๐Ÿ‘๐Ÿป๐Ÿ˜

    1 Reply Last reply
    • AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by
      #6

      See https://www.macrotrends.net/2481/stock-market-performance-by-president

      In percentage terms, the US stock market rose the most under these US Presidents:

      • Calvin Coolidge
      • Bill Clinton
      • Franklin Roosevelt
      • Barack Obama
      • Ronald Reagan

      If we judge them only by US stock market performance in their first 45 months in office (roughly where Trump is today), then Trump outperforms only Ronald Reagan but still underperforms Coolidge, Clinton, Roosevelt, Obama, and Eisenhower.

      LarryL 1 Reply Last reply
      • taiwan_girlT taiwan_girl

        So, in other words, nobody knows. Lol

        However I predict that the stock market will do just fine. The economy will do just fine. We all will do just fine.

        LarryL Offline
        LarryL Offline
        Larry
        wrote on last edited by
        #7

        @taiwan_girl said in For Horace - stock market will go up regardless of who wins President:

        So, in other words, nobody knows. Lol

        However I predict that the stock market will do just fine. The economy will do just fine. We all will do just fine.

        Ok, let's see... Biden has stated on the record multiple times that he will raise taxes on corporations, reinstate all the regulations that were killing the economy, and spend until trillions of dollars chasing every goony left wing wet dream out there, and you think none of that will cut into profits, or drive business out of the country again......

        Bwaaaahahahahaaaaaaa

        1 Reply Last reply
        • AxtremusA Axtremus

          See https://www.macrotrends.net/2481/stock-market-performance-by-president

          In percentage terms, the US stock market rose the most under these US Presidents:

          • Calvin Coolidge
          • Bill Clinton
          • Franklin Roosevelt
          • Barack Obama
          • Ronald Reagan

          If we judge them only by US stock market performance in their first 45 months in office (roughly where Trump is today), then Trump outperforms only Ronald Reagan but still underperforms Coolidge, Clinton, Roosevelt, Obama, and Eisenhower.

          LarryL Offline
          LarryL Offline
          Larry
          wrote on last edited by
          #8

          @Axtremus said in For Horace - stock market will go up regardless of who wins President:

          See https://www.macrotrends.net/2481/stock-market-performance-by-president

          In percentage terms, the US stock market rose the most under these US Presidents:

          • Calvin Coolidge
          • Bill Clinton
          • Franklin Roosevelt
          • Barack Obama
          • Ronald Reagan

          If we judge them only by US stock market performance in their first 45 months in office (roughly where Trump is today), then Trump outperforms only Ronald Reagan but still underperforms Coolidge, Clinton, Roosevelt, Obama, and Eisenhower.

          After what you said about babies yesterday, you can take your opinions and go fuck yourself.

          1 Reply Last reply
          • LarryL Larry

            https://www.ccn.com/biden-would-be-absolute-disaster-stock-market-heres-why/

            Doctor PhibesD Offline
            Doctor PhibesD Offline
            Doctor Phibes
            wrote on last edited by Doctor Phibes
            #9

            @Larry said in For Horace - stock market will go up regardless of who wins President:

            https://www.ccn.com/biden-would-be-absolute-disaster-stock-market-heres-why/

            From the exact same website, 3 months later

            https://www.ccn.com/wall-street-trump-turn-biden-victory-gdp-good/

            I was only joking

            1 Reply Last reply
            • LarryL Offline
              LarryL Offline
              Larry
              wrote on last edited by
              #10

              Notice it also says this is "far from certain".

              1 Reply Last reply
              • Doctor PhibesD Offline
                Doctor PhibesD Offline
                Doctor Phibes
                wrote on last edited by
                #11

                I'd say pretty much everything is far from certain at the moment.

                I was only joking

                1 Reply Last reply
                • LarryL Offline
                  LarryL Offline
                  Larry
                  wrote on last edited by
                  #12

                  I don't participate in the stock market, because I prefer to actually make a profit. But for those who do, if you think raising corporate taxes and putting tons of business strangling regulations back in place, and then spending trillions of dollars chasing leftwing pipe dreams is going to have no effect on the stock market, you're nuts.

                  taiwan_girlT 1 Reply Last reply
                  • LarryL Larry

                    I don't participate in the stock market, because I prefer to actually make a profit. But for those who do, if you think raising corporate taxes and putting tons of business strangling regulations back in place, and then spending trillions of dollars chasing leftwing pipe dreams is going to have no effect on the stock market, you're nuts.

                    taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #13

                    @Larry how do you measure economic success for the nation as total? I would be willing to bet a cup of coffee with you that if you look at at least five measurements

                    (for example:

                    GDP increase %
                    Unemployment
                    Wage increase vs inflation
                    Stock market %change
                    Inflation
                    Net # of jobs added
                    Etc)

                    And looked at the four year president cycles, on average, There would not be a clear @winnerโ€ between the Republics and Democrats

                    1 Reply Last reply
                    • HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #14

                      My aapl call of 2 years ago when it was at 37 as compared to its current 115 is what I would refer to as "profitable".

                      Education is extremely important.

                      1 Reply Last reply
                      • LarryL Offline
                        LarryL Offline
                        Larry
                        wrote on last edited by
                        #15

                        I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.

                        Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....

                        Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.

                        taiwan_girlT Doctor PhibesD 2 Replies Last reply
                        • LarryL Larry

                          I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.

                          Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....

                          Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.

                          taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by taiwan_girl
                          #16

                          @Larry But Larry, A person has to use data to be able to accurately compare things. Maybe for you, economic success is black or hispanic employment. But it is measurable. For Horace, maybe it is the price of Apple stock.

                          You mention profit. What would be a good translation for the nation as a whole? GDP change? Stock market change?

                          All I am asking is for at least five measures of what the nation (or you) considers a picture of the economy.

                          One measure is not enough I donโ€™t think.

                          Common sense is for sure important for any business, But very difficult to measure in quantity.

                          1 Reply Last reply
                          • LarryL Offline
                            LarryL Offline
                            Larry
                            wrote on last edited by
                            #17

                            Nice... you ignored everything I said.

                            taiwan_girlT 1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #18

                              It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.

                              Education is extremely important.

                              JollyJ KlausK CopperC 3 Replies Last reply
                              • LarryL Offline
                                LarryL Offline
                                Larry
                                wrote on last edited by
                                #19

                                Hahahaha

                                1 Reply Last reply
                                • HoraceH Horace

                                  It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.

                                  JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #20

                                  @Horace said in For Horace - stock market will go up regardless of who wins President:

                                  It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.

                                  What percentage of scientists are leading and what percentage are non-leading?

                                  โ€œCry havoc and let slip the DOGE of war!โ€

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terroristsโ€™ "due process". โ€” Buck Sexton

                                  1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by Horace
                                    #21

                                    In order to be a leading scientist, a scientist must submit to consensus with other leading scientists. The global warming debate has brought this into sharp focus. Leading science follows from conclusions. There is no leading science which does not lead to good conclusions.

                                    As it turns out, 98% of scientists are leading scientists.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • X Offline
                                      X Offline
                                      xenon
                                      wrote on last edited by
                                      #22

                                      I like how we've all ascribe to MMT now. Seems like there'd be little political fallback from going full idiot and ratcheting down taxes further and gunning up spending too.

                                      I think Trump actually demanded stimulus a few days ago.

                                      1 Reply Last reply
                                      • JollyJ Offline
                                        JollyJ Offline
                                        Jolly
                                        wrote on last edited by
                                        #23

                                        I don't think Trump favors MMT. I think he's like a duck...Calm above water, but peddling furiously to keep the economy from tanking.

                                        If I was Biden, I'd let Trump keep it.

                                        โ€œCry havoc and let slip the DOGE of war!โ€

                                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terroristsโ€™ "due process". โ€” Buck Sexton

                                        1 Reply Last reply
                                        • HoraceH Horace

                                          It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.

                                          KlausK Offline
                                          KlausK Offline
                                          Klaus
                                          wrote on last edited by
                                          #24

                                          @Horace said in For Horace - stock market will go up regardless of who wins President:

                                          It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.

                                          I can tell you typed this on a recently bought iPhone.

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