https://stocks.apple.com/AKEbxlwXzTq2jXvYBGVir6Q I'm posting his (from a generally neutral source) just because the Democrats are doing such a poor messaging job on this subject. Especially when this was such a YUGE topic when Trump was in office (and about all he had a short term right to crow about). The Right cries crocodile tears about how "dangerous" Joe Biden is, how Bidenomics is a mirage, how we're on the verge of recession, yada, yada, yada. And polling really does suggest that a large segment of the population STILL thinks Trump was better for the economy. And they still don't understand that Trump got the inflation ball rolling in the first place. Biden just piggybacked on it. Anyway, this is the kind of factual economic information undecided voters should be made aware of if the economy is a priority with them. Given the opportunity, Trump is only going to flush it down the shitter, if for no other reason than Biden gets the credit for it. The DNC needs to get off their asses and start pounding the message home.
Agree. The wife got me back in the market and it along with my retirement accounts are killing it these days This should be a wake up motherfucker moment for fiscal conservatives that aren’t brainwashed already
It's not a good idea for any politician to make political hay out of the market, because no one can predict when the next swing up or down will happen. Trump does it because he's stupid and unable to consider future consequences of his current actions. barfo
The economy is a giant bubble, with the derivatives market many times the global GDP. And over the years, bankers have changed the laws so that the creditors who loan to custodians of these stocks have president over the stock holders. Meaning if they go bankrupt, those creditors get your stocks and you get left with an empty sack. They are setting up the biggest heist in the history of the earth. "You will own nothing, and you will be happy."
Well would you look at that!! Yet another stock market record! Funny how Trump is ignoring it.....at least until he somehow finds a way to take credit for it.......where's all those folks who were voting with their wallets the past two elections? Crickets......
Yes, Trump is stupid and certainly does that. Only Trump does that. No other presidents past or present do that. Let’s all talk more about how stupid it is to do that because only Trump does that. Am i doing it right?
The economy doesn’t solely consist of retired boomers dunking on everyone and wannabe stock market bros standing around a water cooler trying to sound smart (I’ve worked with these tools). The vast, vast majority of people are unaffected by the stock market. They are more likely getting fucked by it.
I’m non of those descriptions. I’m just an ordinary dude who puts decent sized weekly contributions and have been enthused about my 401k growing like a weed. Trump told us all that the Biden administration will destroy our 401k’s Just a long list of petulant fear mongering where he was completely wrong.
There has been a world wide economic recovery this year. Last time I checked. The USA stock market ranked 7th for the year to date. Taiwan, Malaysia and I believe Turkey are 3 stock markets beating our nice market recovery. Forgot the other 3 countries ahead of us.
Well I’m certainly not one to hate on somebody for making a buck, especially if they planned ahead, made some smart moves and even had a little luck along the way. All good in my book. The bigger point i was trying to make is that the stock market isn’t some metric that effects the majority of working people. At least not like people make it out to be. And like Barfo said it’s kind of silly to credit it to any president, because its volitile. These ups and downs happen during every administration. Whoever actually has power to pull strings with the stock market probably has the president and most other politicians by the balls, and not the other way around.
The problem in America is young people don't save or invest for the most part...unless you think Vegas Kino or online sports gambling or Dairy Mart lottery tickets are investments....you also don't have to buy American stocks if you don't trust the American govt....choices...I own a lot of Taiwan semi conductor stocks and they are doing very, very well. I put 300 bucks away into retirement accounts every month when I was a young working stiff and anyone can do that...I haven't taken many vacations though...now I can anytime I want. Your money works for you, not some corporate boogey man if you pay attention. Americans are number one in the world in entertainment spending and consumer spending....gotta have that new TV....choices. I have zero empathy for people who don't budget and live outside their ways and means. Not that you do, but many young folks don't save and that's not because they don't trust the govt...it's because they live paycheck to paycheck but drive trucks that cost as much as a downpayment on a house.....I drove a thousand dollar truck for 22 years while saving money...it was a fine truck. Choices...make good ones. I listened to Blazer games on the radio for free....never have had cable tv...these are life choices...not limitations. If you don't want to make money over some political views, good luck. I agree that the stock market is a yo yo, so if you invest in it, you need to pay attention and adjust accordingly. Just an old guy who's never hung out in an office around a water cooler.
They're probably more likely to be getting fucked by Trump's tax increases on the middle class than by the stock market...
GOLDEN GHOST World’s ‘most expensive yacht’ is £4bn gold-plated boat with walls made of T-Rex bones THE world's most expensive superyacht is a £4billion floating masterpiece with gold-plated sides and walls made of T-Rex bones. Although the flashy floater is supposedly a jaw-dropping sight it remains shrouded in mystery as no one has ever actually seen it. https://www.the-sun.com/news/12329186/most-expensive-superyacht-gold-plated-boat/
American families rank 12th in the world in savings at 7% of income per family and this includes the millionaires who never spend their own money. Japan is top and Japan is a low wage high cost of living place to do that...Mexico, Sweden, France, Belgium, Netherlands and Morrocco all smoke the US in savings. Mexicans are almost as frugal as the Japanese although they have a much lower cost of living. France is way more expensive than here. Europeans save more money than Americans or Australians or Canadians. I believe young people under 34 in the US were ranked 5th in savings as families were 12th. France also has a shorter working week than America. Also the first generation immigrants who become American citizens save more and invest more in businesses and houses than our local kids do. Immigrants build our economy in a huge way. I got these figures from a 2023 survey...it's probably different in 2024
The other countries all have national health services which could help with savings and many have free college. I don't think it's just generational, I have worked with people my own age or just slightly younger who never save.
