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Post by jimboky on Nov 12, 2019 19:12:35 GMT
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Post by flatandy on Nov 12, 2019 19:38:54 GMT
It’d be interesting if you went for inauguration rather than election. Obama’s numbers would look much better. And it would be more meaningful.
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Post by unclejunior on Nov 12, 2019 19:52:50 GMT
It’d be interesting if you went for inauguration rather than election. Obama’s numbers would look much better. And it would be more meaningful. ... and of course irrelevant to Jim’s point & matter at hand.. But hi ho .. |
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Post by Minge är en jävla besserwisser on Nov 12, 2019 19:54:28 GMT
Would they? Is there a big time lag between election and inauguration?
I know the S&P is one of the only 2 indices DT takes an interest in, and China are going to f*ck him over if he's not careful.
He was desperate for a bigger rate cut.
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Post by flatandy on Nov 12, 2019 20:06:28 GMT
It early Nov to Late-Jan I believe. In 2008-9 that was a pretty dramatic time in the US economy.
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Post by Minge är en jävla besserwisser on Nov 12, 2019 20:35:21 GMT
I think it would have to go back to September. S&P was 1216 in September but 883 in November. January it was 865 so that's not going to work.
No ignore that going back to September would make it worse if it was 1216.
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voice
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Post by voice on Nov 12, 2019 22:15:17 GMT
So it dropped markedly upon him being elected, but then rebounded and more or less continued the previous 7 years trend since the recovery?
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voice
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Post by voice on Nov 12, 2019 22:17:18 GMT
And really that simplistic chart takes no account of other factors such those who inherited deep recessions as Obama did, and those who inherited robust booming economies such as Trump did.
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Post by Minge är en jävla besserwisser on Nov 12, 2019 23:00:38 GMT
So it dropped markedly upon him being elected, but then rebounded and more or less continued the previous 7 years trend since the recovery? No, it dropped before then. |
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Post by flatandy on Nov 12, 2019 23:52:38 GMT
It dropped 20%ish from 1005 on Election Day to 804 on Inauguration Day. If you assume that Obama wasn’t really responsible for the market in his first three months in office (which is arbitrary but better than Election Day as a marker), it was down near 670. It was up over 2200 on Inauguration Day 2017, for a total return of something around 350%.
The authors have clearly chosen inappropriate dates to make a political point.
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Post by flatandy on Nov 12, 2019 23:53:14 GMT
I should add that using the markets to measure anything is a ridiculous game.
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Post by Marshall on Nov 12, 2019 23:54:39 GMT
Jimbo's point of course is, "Impeachable offenses by the president should be ignored if the stock market is doing well (unless it's a Democrat)."
In another of his barely coherent speeches today, Trump said that Ivanka had helped create 14 million jobs.
There's that unfortunate detail that just over 5 million jobs were created since he assumed office, but living in the real world is not his strong suit (something he has in common with his cult members).
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Post by Marshall on Nov 13, 2019 0:01:04 GMT
In other news today: A former top Trump campaign official on Tuesday testified that President Donald Trump talked to political trickster Roger Stone about WikiLeaks during the 2016 campaign. That testimony by Rick Gates at Stone’s trial contrasts with Trump’s claim last November that he did not recall speaking to Stone about WikiLeaks, the document disclosure group that during the 2016 campaign released emails stolen from the Democratic Party and Democratic presidential nominee Hillary Clinton’s own campaign chief. Gates testified in U.S. District Court in Washington, D.C., that less than a minute after finishing a July 2016 call from Stone, Trump indicated that “more information would be coming” from Wikileaks. www.cnbc.com/2019/11/12/trump-had-call-with-roger-stone-about-wikileaks-rick-gates-says.html |
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voice
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Post by voice on Nov 13, 2019 0:46:37 GMT
Jimbo's point of course is, "Impeachable offenses by the president should be ignored if the stock market is doing well (unless it's a Democrat)." In another of his barely coherent speeches today, Trump said that Ivanka had helped create 14 million jobs. There's that unfortunate detail that just over 5 million jobs were created since he assumed office, but living in the real world is not his strong suit (something he has in common with his cult members). What he means are Chinese jobs in sweat shops producing her tat, Anerica first and brining jobs home is for others, not the Trumps |
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Post by Marshall on Nov 13, 2019 1:10:21 GMT
This tweet seeped out of his addled brain this morning.
“Many of the people in DACA, no longer very young, are far from 'angels'. Some are very tough, hardened criminals. President Obama said he had no legal right to sign order, but would anyway. If Supreme Court remedies with overturn, a deal will be made with Dems for them to stay!”
So now he's going to negotiate with the Dems to allow tough hardened criminals to remain in the US?
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Post by flatandy on Nov 15, 2019 19:10:09 GMT
Roger Stone convicted. Witness tampering and obstruction of justice, attempting to conceal the links between the Trump campaign, wikileaks, the Clinton emails and Russia.
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Post by Marshall on Nov 15, 2019 19:20:10 GMT
Guilty on all counts. Only the best douchebags.
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Post by flatandy on Nov 15, 2019 19:25:44 GMT
The slow draining of the swamp continues as Trump associates get sent to prison.
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voice
New Member
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Post by voice on Nov 15, 2019 19:48:08 GMT
How long before the pardon gets signed. Trump is in desperate need to show Rudy he's got his back so he doesn't flip.
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voice
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Post by voice on Nov 15, 2019 19:51:45 GMT
More of those best people
Trump adviser Stephen Miller sought to promote white nationalism, leaked emails show
‘What Stephen Miller sent to me in those emails has become policy at the Trump administration,’ recipient says
In the lead-up to the 2016 election, White House aide Stephen Miller sought to promote white nationalism, far-right extremist ideas and anti-immigrant rhetoric through the conservative site Brietbart, according to a report by the Southern Poverty Law Centre (SPLC).
The report is the first installment in a series that draws on more than 900 leaked emails that Mr Miller sent to a Breitbart writer over a 15-month period between 2015 and 2016
Though to be honest I doubt this comes as a surprise to anyone
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