Msg ID:
2757586 |
Old guy complaining about his 401k +6/-0
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Author:bladeslap
12/25/2022 10:55:23 PM
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Old guy,
You are missing something glaring ...
The market was going up at a rate that far outpaced earnings and rational increase as viewed by history.
You are complainign that you are "Down x%" from teh high ... The high was a bubble. Deal with it. It will come back, in time, the way it always has. But to try to blame Biden for the market correcting, which it was due to, is again, nuts. |
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Msg ID:
2757601 |
Something NOT TRUMP - TRUMP - TRUMP +3/-3
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Author:Old Guy
12/26/2022 1:17:15 PM
Reply to: 2757586
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I am not missing anything about the market.
The stock market has lost all of its gains since Biden took office. This is not something debatable, just check the numbers.
The basic cause of this is the incompetent people in the White House.
First of all I do not think Biden runs anything, someone else is telling him what to say, were to stand, and when to eat. And who ever runs this country is so far from reality it is scary.
What is comeing out of the White House is down right laughable, and it is slowly destroying our country.
But back to the stock market. You are aware that the stock market is not the economy, but people investing by how they think the economy is doing, trying to find those companies with the best growth. So what is the market doing now, it is the worst since Carter, any gains made from Bidens time in office has been wiped out. Investors are contending with a volatile economy. They are uncertain if, and by how much, interest rates, inflation, and fears of recession will affect the economy. So growth is not a vision of the current investor, staying solvent is!
Biden or who ever runs the White House needs to take Economics 101, because it is one mistake after another. It is obvious that NO ONE in the White House has ever worked in the world of business, trying to make a profit. Decisions made appear to come from liberal fantasies , ideas that sound awesome, but don't work.
This last week of winter weather shows just how silly the idea of closing down energy production and relying on total green energy is. Do you really think solar and wind generation would hold up to this onslaught from Mother Nature. How much of the country would be without energy? What would a acceptable death rate be, because of lack of energy?
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Msg ID:
2757628 |
Stock Market 101 +2/-0
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Author:bladeslap
12/26/2022 6:51:28 PM
Reply to: 2757601
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"Earnings"
"Inflation"
#1 and #2 have nothing to do with Biden ...
Unless you are selling, you haven't lost anything.
When Trump was in, shall I remind you that the market crashed over 30% ... And guess what? It came back ...
You have to adjust your outlook on yourself first, and then you'll get a better dose of what's happening in the world
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Msg ID:
2757632 |
Just to prove you don't understand cause and effect +2/-0
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Author:bladeslap
12/26/2022 7:04:30 PM
Reply to: 2757601
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Here is proof that you have no clue what you're talking about The market Rallied when Biden got in ... more than people "expected" ... Why did it go down? 1. Extreme worldwide inflation due to supply chain issues after opening of the economy 2. The war in Ukraine Re-read 1 & 2 If your theory that it's all Biden's fault was correct and people were "not investing because of Biden", then the market would not had shot up the first year he was in office ... So, as usual, bad theory |
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Msg ID:
2757635 |
Really +2/-1
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Author:Old Guy
12/26/2022 7:37:07 PM
Reply to: 2757632
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As explained to you once before, investors invest toward the future. If the market is moving down, then the future does not look that great.
Market did not rally when Biden came into office. Trumps last year had a financial return in the market of 31.21%, Biden first year was 18.02%. Now the financial return is negative. In fact Trumps last year had a GDP of plus 32%, numbers Biden will never achieve.
Inflation, and economy stagnation did not start until Biden took over, he caused both! Every person from the right has explained to you how Biden created the inflation, each one! Not going to do it again, if you can't understand what is real, why should I proceed. Just read some prominent economic articles. |
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Msg ID:
2757637 |
Again and Again.... +2/-0
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Author:bladeslap
12/26/2022 8:27:59 PM
Reply to: 2757635
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Old guy,
You're so boring to discuss things with because it's so easy to find holes in all your arguments ...
Trump 2018 to 2019
Market Started at 2786 - Finished at 2596 .... Down 7% when the economy was apparently healthY?
Biden's First full year, up 22% ... Outpaced most of the world ...
When it was announced Biden won, the market Skyrocketed - Again That clearly destroys your argument that people lacked confidence in Biden ...
Worldwide inflation and Ukraine war, every market went down
Stop boring us with your ridiculous theories .... Put your hatred aside
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Msg ID:
2757670 |
One more lie, the day Biden took office the market dropped 377 points! (NT) +1/-2
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Author:Old Guy
12/27/2022 12:55:59 PM
Reply to: 2757637
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Msg ID:
2757638 |
Really +3/-0
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Author:bladeslap
12/26/2022 8:28:56 PM
Reply to: 2757635
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The economies didn' start reopening until Trump was booted out of office. Minor detail ... And Ukraine war didn't start till then as well
Have any more arguments? |
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Msg ID:
2757668 |
Again, one more lie! +2/-3
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Author:Old Guy
12/27/2022 12:31:07 PM
Reply to: 2757638
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How can anyone have a reasonable debate with you when you NEVER POST THE TRUTH,
you posted one more of a series of lies, "the economies didn't start reopening until Trump was booted out of office".
BIB, BIG, LIE, GDP hit a increase of 32% Trumps last year! That is the biggest reopening ever! |
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