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Discussion » Statements » Rosie's Corner » How much of the stock market jump is due to Trump? Why d'ya think so?

How much of the stock market jump is due to Trump? Why d'ya think so?

Posted - October 18, 2017

Responses


  • 32527
    80%
      October 18, 2017 12:00 PM MDT
    2

  • 113301
      Thank you for your reply m2c.
      October 19, 2017 3:12 AM MDT
    1

  • 13251
    The NASDAQ composite index fund (a 5-star large growth fund including stocks such as Amazon, Apple, Facebook, Microsoft, and numerous strong banks, pharmaceuticals etc.) in my IRA is up more than 20% since January 20th. With a return like that, I don't really care. And I know you won't feel the need to thank me Rosie, but you're welcome for my reply and happy Thursday! This post was edited by Stu Spelling Bee at June 24, 2018 1:02 AM MDT
      October 19, 2017 10:46 AM MDT
    2

  • 46117
    And this is due to TRUMP?

    Yeah right.
      October 19, 2017 10:51 AM MDT
    0

  • 2500
    Really? 

    Then what is it due to?
      October 19, 2017 11:00 AM MDT
    0

  • 46117
    I know crap about stocks.  It is NOT due to TRUMP.  Okay?

    He doesn't know his ass from a hole in the ground.  He has no control over stock options and he has no control over what stocks will do well and he has no control over the rich fks who control all that in the first place.

    The jerk had to file bankruptcy more than 5 times already.    What does he know about stocks?  NOTHING.


    Donald Trump believes it's time to dump stocks.

    In an interview with Fox Business on Tuesday, Trump was asked if he has money in the market now.

    "I did, but I got out," Trump replied. He warned of "very scary scenarios" ahead for investors.
    Powered by SmartAsset.com
    SmartAsset.com

    This isn't the first time Trump has advised Americans to steer clear of stocks. In October of last year, he told The Hill that the stock market is in a bubble. The stock market has gone up more than 6% since he made those comments.

    "The only reason the stock market is where it is, is because you get free money," Trump said.

    Trump slammed America's central bank -- the Federal Reserve -- for keeping interest rates at extremely low levels. People can borrow money at cheap rates. Meanwhile, they earn almost nothing if they save money in the bank. This encourages people to take risks.

    But famed investor Warren Buffett says don't take stock advice from Trump.

    "I've really never known another businessman that brags about his bankruptcies," Buffett said Monday as he introduced Hillary Clinton at a campaign event in his hometown of Omaha, Nebraska.

    Related: Warren Buffett challenges Donald Trump to discuss tax returns

    Buffett said a monkey throwing a dart at the stock pages would have done far better than investing with Trump. He was referring to the one company Trump has ever run that went public and offered stock that anyone could buy. Trump Hotels & Casino Resorts -- ticker "DJT" (Trump's initials) -- was a big loser for investors before the company filed for bankruptcy.

    While Trump often touts his success as a businessman, he doesn't typically brag about his prowess as a stock picker.

    "I've never been a big investor [in] the stock market," Trump reiterated this week.

    Real estate makes up the bulk of Trump's $3 billion fortune. Properties such as the Trump National Doral in Florida and Trump Tower in New York are worth hundreds of millions of dollars.

    In fact, less than 10% of Trump's wealth is in the stock market, according to a CNNMoney analysis of his financial disclosures.

    Related: How America's next president can double growth

    Wall Street experts are mixed on whether now is a good time to invest in the stock market. Goldman Sachs just warned its clients to go heavy into cash for the next three months. But other strategists point out that U.S. stocks and bonds still offer some of the best investment opportunities since America is a "safe haven" right now.

    There may be another reason for Trump to want the stock market to tank. An analysis shows that if stocks fall between August 1 and October 31, it's a signal that Trump will likely win the election.

    This post was edited by WM BARR . =ABSOLUTE TRASH at October 19, 2017 11:11 AM MDT
      October 19, 2017 11:08 AM MDT
    0

  • 13251
    Stocks falling THIS MONTH as a sign that he'll win an election THREE YEARS FROM NOW? That makes absolutely no sense.
      October 19, 2017 11:18 AM MDT
    2

  • 2500
    Nice "Cut and Paste" job. If it weren't for that "skill" you'd have nothing at all to say . .

    Not only do you apparently know nothing about stocks, you obviously know nothing about business. Filing for bankruptcy is NOT a sign of a bad businessman, it's a sign of one that is willing to take the necessary risks to make a fortune. And Trump seems to have hit that mark with his current wealth showing his persistence. Think not? Check out how many time Henry Ford did just that before getting the Ford Moror Company off the ground. And then there's Andrew Carnegie . . . just two to look at for starters. 

    And who said that Trump's wealth was in the stock market. Perhaps you missed the fact that he's a real estate developer until you hit that particular WEB page? 

    So you don't know crap about stocks as you say. I'll take your word on that.

    But you do know that the sharp rise in stock values, the rise that started when Trump won the election, isn't due to Trump (and by extension his desire to reform the tax code to be more "business friendly") ?

    Seems legit . . . 

    But it actually has little to do with stock, just human greed and the human herd mentality. And by the way, I'm not saying that it's a good thing, it's probably quite the opposite. Check out Extraordinary Popular Delusions and the Madness of Crowds. It's a relatively short tome and an easy read. Here's a link to a free PDF download. 

    https://www.templetonpress.org/sites/default/files/2016-11/Extraordinary_Popular.pdf This post was edited by Salt and Red Pepper at October 19, 2017 11:45 AM MDT
      October 19, 2017 11:24 AM MDT
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  • 13251
    I didn't say that. I said I didn't care why it happened. I'm not proud - I enjoy seeing my investments appreciate for any legitimate reason. There's no evidence that President Trump has had any effect on stock prices either way. According to forbes.com:

    "There is no conclusive evidence suggesting the president’s party has any statistically significant impact on U.S. equity market returns. Intuitively this makes sense, because stock returns are influenced by a myriad of factors such as valuations, corporate profits, business cycles, monetary policy, etc. In addition, the increasingly global economy (the S&P 500 generates more than 50% of revenues outside the U.S.) makes the actions of a single government less important.

    The stock market is a complex adaptive system in which cause and effect are not easy to link. Market movements, particularly over short periods such as a presidential term (yes, four years is a short-term investment period), are random."

    Princeton University economist Burt Malkiel, who I was fortunate to meet while he was dean of the MBA program I attended, popularized this theory in his book, "A Random Walk Down Wall Street,"  in which he argued that asset prices typically exhibit signs of random walk and that one cannot consistently outperform market averages. This post was edited by Stu Spelling Bee at October 19, 2017 12:58 PM MDT
      October 19, 2017 11:11 AM MDT
    1

  • 46117
    I'm thrilled for you.  I don't blame you for your joy.

    Just don't give Trump the credit.  PLEASE?

      October 19, 2017 11:13 AM MDT
    0

  • 13251
    Did you read my last post? I didn't do that. But that's what you get for asking an MBA person who has studied economics and finance, lol.
      October 19, 2017 11:15 AM MDT
    2

  • 1233
    The stock market is a bubble. It's not truly a measure of economic growth. 

    Trump is partly responsible for the rise but the major factor in this is central bank policy. They could destroy it all if they wanted and they frequently do. Market expansions and contractions are mostly artificial. The establishment rigs the market so they can profiteer by trading the waves they create and so they can dominate and impoverish ordinary people.

    The establishment would like to crash the global economy hard and use the mass suffering that unfolds as a pretext for globalism and socialism. Though they can't do that while Trump is in office. They need one of their own operatives in place, to push their agenda through congress. If they do it now, it could backfire. So the market will probably continue to rise so long as Trump is in power. This post was edited by Zeitgeist at October 19, 2017 1:07 PM MDT
      October 19, 2017 11:50 AM MDT
    2

  • 2217

    0%.

    Plenty of events that could burst the bubble anytime. Time to diversify. 

     

      October 19, 2017 12:33 PM MDT
    1