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| Trump Failed - Stock Market Crash of 2020 |
Did the Ebola Virus Cause the Stock Market to Crash Like Coronavirus is DOING in 2020?
Well, Not Very Much... Obama Handled the Crisis MUCH better than Trump Has...
and MORE LOSSES PREDICTED FOR TOMORROW!
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| Note the Dip on October 14th, 2014 |
Mark Dias: I follow this stuff pretty closely. Did the market go up during Obama? Absolutely. But not in the beginning. It took awhile but businesses did well. But in the beginning, the market cratered. Obama was president for eight years. My contention is the market would have even gone higher if Obama had not brought so much uncertainty to the market, but yes the market cratered when he was first elected.
Gregory Laan: Obama was an Economic Genius... George Bush the Son CAUSED the economic meltdown... So, Maybe it took Obama Until March 6th, 2009 to UNDO the Disaster of a Republican President... So What? I STILL LIKE MIKE! Not Bernie... Socialism may work great in Scandinavia but.... I Prefer WINNING A FORTUNE ON THE STOCK MARKET...
Gregory Laan: Less than TWO MONTHS... January 20th to March 6th, 2009... a Casual observer would think that Obama Caused the Stock Market to Crater... but... If you are driving a Hundred miles an hour towards a cliff and you slam on the brakes... and AVOID GOING OVER THE CLIFF... I would say, "Good Job, President Obama."
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Victor Koman: “All animals are equal... But some are more equal than others.”George Orwell - Animal Farm
Under every form of socialism, the statists are always the ruling class, no matter how “ethical” they may seem.
Re Sanders, the FEC just sent his campaign 500+ pages of suspected financial violations...
Gregory Laan: I do like the Books of Orwell... 1984 is so Relevant today with the TRUMP LIE FACTORY - a Classic Example of "Double Think"
Victor Koman: Gregory — Um, it's Sanders and the other socialists in the democrat party who are the Ministry of Truth, dude. Sanders is the apologist for the communism that Orwell saw and was repulsed by. If you think otherwise, YOU suffer from DoublePlus DoubleThink!
Victor Koman: Gregory — Bloomberg is the actual, living version of everything the left lies about Trump: Bloomberg is racist, sexist, and brutally authoritarian. Look into him a little deeper than his TV ads and newsfeeds from The Establishment.
Gregory Laan: Mike did a GREAT Job as Mayor of NYC... Stop and Frisk Reduced Crime... for a while and when it stopped working, Mike Stopped Doing it... You say He is Racist? Well, I'm Racist... Racism is Accurate... You says he's Sexist? Well, I"M Sexist... Sexism is Accurate... Look a Little Deeper into what we Jokingly Call REALITY... tRUMP Will Bankrupt the USA if Re-Elected... CAUSING GLOBAL ECONOMIC COLLAPSE.
Gregory Laan: Are there ANY Specific Examples of "The Left" Lying About Trump? I Do Not Recall any Actual Statements... CAN YOU?
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Mark Dias: The market is down in correction territory because of the Coronavirus. This virus is different than the other viruses in the past such as SARS . The other viruses were short-lived and contained. The Coronavirus is an exogenous event that is having a material impact on the supply chain. It is worrisome when the head of the CDC states it could be a year before any cure is found. I would normally be a buyer of equities when the market drops 10%, but for the moment, I will wait. I won’t be a seller because panic selling is the worst decision one can make. Companies are already starting to lower earnings guidance because of disruptions in supply.
Needless to say, this Coronavirus is not good a good thing, but that is the risk we take to earn higher yields.
Of course, this may not bode well for Trump’s re-election as people always vote with their pocket book.
We can take comfort, however, in the quote by a famous Persian poet
“This too shall pass”
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The market was going to correct and the economy cycle sooner or later, it may happen, but could be seen in this case as a result that isn't Trump's fault, in this case, he could avoid being blamed for a market/economy slowdown that he would have otherwise been blamed for if it had happened as a natural cycle on his watch (arguably not his fault in that case either, but as you said, the captain takes the fall when the ship runs aground....
Mark Dias: Scott McCord I might agree with you if he can convince the country of that. If companies start laying off I wonder how the narrative will unfold
Michael McCarty: Donald, of course, has championed the Stock Market as solid proof of his genius. That without him, in the Oval Office, the markets would tank. To do this, he has taken credit for the market he inherited, while at the same time, ridiculing Obama for the behaviour of the market under Barack's stewardship.
His claim has been, that under anyone else, the Stock Market would be in peril. We'd all be doomed.
Well of course that is all bulshit, and everyone knows it. That is his magic. Does anyone think he will take credit for the market failing? Do you think his base is going to abandon him? Of course not. He will just change the subject, the narrative. He will continue to bully and demean people. To further divide the nation. To lie about everything. And that will, as it long has, work.
Mark Dias: Michael McCarty but all presidents do that. Clinton did and he rode the wave of the Bush and Reagan years. So, I just call that politics
Michael McCarty: Certainly they all do it to some degree. When you have lemons, you make lemonade, when you have gravy, you buy some potatoes. No one compares to what Trump has been doing. No one.
Michael Dodd: Just my two cents: Trump needs to quit being an idiot and not talk about things he knows nothing about, his interviews about nCov are stupid— just like him. Moreover putting Mike Pence in charge of his response team to nCov is ridiculous. He’s putting the guy, who saw the largest HIV outbreak in Indiana (which was COMPLETELY preventable mind you), in charge of the response. This is crazy— but it’s real life.
Mark Dias: Michael Dodd well, I can’t disagree with you this. True
Michael Dodd: Mark Dias also, I don’t think this will kill his re election campaign. You know more about the economics. But now he has a scapegoat, the economy is bad because of the pandemic....
Sheldon Cooper: Prob is he put dodo Pence in charge and has 100% muzzled all drs and CDC. Pence knows 0 about medicine and has even said cigarette smoking doesn't cause cancer. It is insane to stop communication from the people directly involved in dealing with the disease.
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Lefty Leaks is An alternative to WikiLeaks... This Twitter Account shows all the Examples of "The Left" doing Dastardly Deeds... Liberals EXPOSED! - Actually, no leaks are posted... Maybe it's Satire? Maybe they JUST FAILED... https://twitter.com/leftyleaks
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