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zephin
Nov 23, 2020 8:07 PM

Trump just doesn't matter  Long

SPDR S&P 500 ETF TRUSTArca

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Sorry MAGA.
Comments
UnknownUnicorn13349023
to break this down in this way to reflect whether trumps policies had an affects or not is moronic. Trump absolutely did help. I'd explain it to you with some T/A involved, but its over and not worth my time.
zephin
@lindbergspring, He had a great market. I'm simply suggesting that it doesn't matter as much as we may think.
MacBull1557
@lindbergspring, yes he did help, but it wasn't the solid true help, take for example the promise of 1 trillion dollars infrastructure, i remember back in 2016 how cat moved up after he got elected and continued to go up on hype they will get contracts , did that happen ? no,, prices kept going up and up, as healthy how that look, it's way overvalued even if you calculate the current inflation and the low interest, it was one big fake breakout. been watching china and asian market for years and recent month more than usual money moving out from US economy to Asia china and Indonesia mainly, US stock market face a double bottom if they don't pass big stimulus, gas eventually will run out as people have less to spend, US wealth changing direction from china cheap labor, wealth machine to the US market where they harness all the gains, now China labor is more expensive and chines became major spenders a key in new china economic transition in to US like style, such thing would benefit china stocks which even now still cheap comparing it to the US stocks in similar category, from the steal to high tech , china boom only started . and that would have huge impacted on US stocks valuation , we are looking at Major money distribution between the biggest financial powers , if only trump managed to sign trade deal with china , or never pulling out from trans pacific partnership , that would have been great future, now china made strong ties with rising powers in asia and US is not invited, here was his biggest mistake in my opinion
Wickalodeon-GhostProductions
This literally says nothing :D Cant stop laughing... you dont make money do you...?
SHO_DDTrader
We will see how much Trump mattered to the future of the country soon. I'm sure things will change once the borders are opened back up and corporations begin moving jobs back to China. Looks like a lot of the the swamp creatures are heading back into the swamp again. If Biden is successful at putting a high tax on semi automatic firearms - no telling what kind of reaction there will be.
zephin
@stephen Oden,Sr., most of the time its not as extreme as we are told it will be.
T3metrics
@stephen Oden,Sr., Drinking the kool-aid.
PreferredStonk
I don’t like mixing political bias and trade, but I don’t really need to when mentioning that:
1. Stock market cares more about what Trump did rather than Trump himself.
2. In order to protect Trump’s policies the interest in is and has been mostly in the Senate races where the market was propelled by the strong possibility or Republicans retaining control and halting progressive policies.
3. The market shows that beyond the former it cares about certainty. Frankly, there’s a bit of euphoria, and cherry-picking of good news going on. So when Trump green-lit a Biden transition the market got a bump.
4. All that will be reversed if Republicans lose this Georgia runoff. Republican’s losing control of the Senate puts in jeopardy the Trump tax cuts, legacy energy, the future of private insurance and private healthcare, and the possibility of a new tax plan (hasn’t Kamalama said she wants a flat tax on stock transactions themselves?)

Realistically, a Democrat government couldn’t get all these things through in 4 years and if 2020 was a trendsetter they might only get 2 years. The priorities will be changes to Healthcare and Energy policy.
zephin
@presstrade, I regret my wording on this post. With all due respect it sounds like you are knee deep in political bias. My only point was that it may not matter as much as most people seem to think. Good luck and take care.
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