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Author
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Topic: Stock Market On Historic Hot Streak as Biden Proves Trump Dead Wrong
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teasel
Knowflake Posts: 18273
From:
Registered: Apr 2009
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posted April 29, 2021 07:38 PM
  
http://www.newsandguts.com/stock-market-on-historic-hot-streak-as-biden-proves-trump-dead-wrong/ It’s been a while since we had an update here, on the stock market. IP: Logged |
teasel
Knowflake Posts: 18273
From:
Registered: Apr 2009
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posted April 29, 2021 08:04 PM
“On his 100th day in office, Joe Biden can celebrate an economic milestone – the S&P 500 has grown 10% since his inauguration. That’s the best start of a presidential term since the FDR administration, according to The Wall Street Journal.It also defies one of Donald Trump’s oft-repeated campaign predictions. At multiple points in the run-up to the 2020 election, the former president said the stock market would crash if Biden won. Last February, Trump told business leaders, “if I don’t win you’re going to see a crash like you’ve never seen before.” In fact, the S&P 500’s growth in Biden’s first 100 days is nearly double the growth during Trump’s first 100 days. In 2021, the S&P 500 has closed at a record high twenty-four times and the tech-heavy Nasdaq Composite has also reached historic heights.” IP: Logged |
Randall
Webmaster Posts: 141354
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009
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posted April 29, 2021 11:51 PM
When you pump cash into the economy it will cause a rise in the markets until it reaches that point where it creates hyperinflation and destroys all the gains. President Trump wasn’t wrong. His predictions are just delayed. If our present course isn’t corrected, this country will be bankrupt.That being said, watch what happens if Biden’s tax increases pass. We are already seeing prices rise, especially lumber. IP: Logged |
Lindaland
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