Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

A few weeks ago we were told that Trump would be re-elected (he hasn't announced his running mate yet) because of the economy, low unemployment and the booming stock market.

All three of those are going to head south - very far south - in the coming months. The market has already done so, and looks like it is going to keep on sliding.

So do you now think a recession, higher unemployment and a stock market crash are indicators for Trump's re-election? Even if none of those things are his fault, a lot of Americans who suffer will nevertheless blame him. With a bad economy, more people are likely to switch away from Trump than towards him. With his razor-thin win last time in several states, he should be very worried.

His chance of re-election has gone down significantly in the last month.

 

Down over 1,200.

Getting ready to crack through the floor

19,900

 

That might be the low end!

 

No kidding.

I have been reading and listening to a lot of things (about the impending Global Recession), and...

One Key Question keeps emerging:

Assuming that the USA "Thinks Big" to get us out of this...

...What happens if pouring $4 Trillion into the economy DOESN'T work?

 

I do not see it this way. I just talked to my son who's a government contractor living in Alexandria VA and always was as anti-Trump as they come. He likes what President Trump is doing and how he handles this crisis.

I almost fell of my chair when I heard it.

 

I say, why wait to find out? Bend over and grab the ankles right now!

 

How do you hear or see anything with your head so far in the sand?

 

that is a year away per the Trump admin

 

Will be interesting to see if the S&P 500 can stay above that Christmas Eve 2018 deep correction bottom of 2,351.10.

The broad-market index is currently trading around 2,375.

Would not be a good sign if the 500 blows thru that 2018 number, but it might be inevitable now...

Analysts at Deutsche Bank are calling for a "severe global recession"...

https://www.marketwatch.com/story/s...e-bank-forecasts-2020-03-18?mod=mw_latestnews


Should such a scenario come to pass, the 500 could fall below 1,700 … perhaps even lower.

Fun times, eh...

 

If we were alone in this cluster**** I would be more concerned but nations like Germany are leading the way with UNLIMITED government spending in order to keep their economy afloat. I have no doubt that the Chinese will do the same thing with theirs and so will the South Koreans.

That still leaves large nations like Brazil and India as yet unknown quantities when it comes to trying to put the world economy back on it's feet but this is going to be a time of reckoning for the wealthy elite. All of their tax cuts are going to be wiped out as nations face these MASSIVE bills and there is NOT going to be anything left for "socializing" corporate losses onto the backs of taxpayers. That ship has both sailed and sunk and REALITY is now about We the People.

One of the arguments that has always been IGNORED in the past debates about healthcare is the IMPORTANCE of a healthy workforce to any nation. That workforce is what is now threatened and the "AI/automation" option is not yet ready for full scale prime time. That healthy workforce are also the CONSUMERS that provide the PROFITS for corporations.

Corporations are NOT going to have the resources to invest in "AI/Automation" and that cheap offshore labor is now considerably less attractive given that it comes with potential health risks. Does Apple want to the corporation responsible for importing Covid-22 with the latest iPhone-N model?

Make no mistake this is probably going to take at least a decade to get back to where we were and possibly longer. There is no "quick fix" that money can buy.

What existed before is now no longer the norm and our new reality is going to very different to what preceded it. I don't know how all of the changes are going to work out but I do have a very good idea of what will no longer be considered to be acceptable corporate practices when it comes to screwing over employees in the future.

At this stage it becomes a waiting game so buckle up and try to make the most of the adventure we about to embark upon whether we want to or not.

 

I hear you.

Just approach this as an adventure and don't freak out.

Still, IF this "Social Distancing/Lockdown" is still the "Norm" after 6 Months, I have doubts about how long people can take it.

 

I agree that it will become tiresome and some people won't be able to handle it. Curiously enough the introverted "snowflakes" will do better than the gun obsessed who will have a hard time not being able to get their "testosterone" fix at the range.

However I believe that we are adaptable and will find new ways to deal with social distancing. I suspect that there is going to be an increase in what was once called "phone sex" but it will have some interesting new twists thanks to the internet. People will go back to reading books after binge watching palls. People will have time to work out their marriages and spend the quality time with their children that was otherwise ignored. Granted that won't work for everyone but just imagine if kids who would otherwise been neglected now have a chance to blossom and reach their full potential instead?

Let's consider this to be an extended time out from the rat race and give us all a chance to reset our priorities.

Who knows what may come of it?

 

As far as "Sex".

There will probably be a resurgence in good "Old-Fashoned Sex".

As couples (now in closer daily contact) rekindle romance.

The phenomena of "Lockdown Babies" WILL be a thing in 9 to 15 Months.

Anyway, very much agreed (that seeing how people handle things will be very interesting).

 

It might have been a joke.

 

You still want to make fun of those who say you should prepare for the virus?

 

I'm laughing at imagining how much toilet paper you have on hand.

 

There goes the entire Democrat policy book.

 

Every dime of stock market gains since Dirty Donald took office has now disappeared.

 

Yours, maybe.
Not mine.

 

Nonsense, Trump is in fact a wartime POTUS, dealing with a global issue. Trump is clearly the best choice to rebuild the economy when this is all over.

 

With my eyes wide shot?

Trump administration is making all the right moves to contain and to defeat. I bet, you can see it too but can not afford to admit.

 

I hope, you blame Chinese for this outrage?

 

...leftists said with glee.

 

I thought that was Trump's best press conference of his presidency. The Yang Gang- sorry- Trump Administration really is going to just mail out $500 billion to people. And I don't think they would have any qualms about doing it again in a month.

The political landscape after this will be strange. Trump's lack of core beliefs will be an asset. He was able to seamlessly turn his administration into something that makes Obama look like a miser. We're going to spend trillions on this, and just in the short term. That's what Americans want right now. Who is Trump listening to? Or is it just his instinct to think money solves everything?

 

On Jan. 19, 2017. The Market Closed at 19,804.72.

NOW it IS --> 19,426.52

ALL GAINS ERASED. And, Even LOWER.

So Great to see Trump's Roaring "Bull Market" helping small investors grow their next eggs.



^That Will Never Get Old.

Talk about a post that "Didn't Age Well".

Poor Trump. What an IMBECILE.:smh:

Trump's Roaring Economy?