GREATEST RECOVERY EVER: Markets Went from a Bear Market to Record Highs In Shortest Time Frame in Hi

Discussion in 'Current Events' started by Sahba*, Sep 16, 2020.

  1. bx4

    bx4 Well-Known Member

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    With little effect? Obama presided over the longest period of economic growth in the country’s history. Handed that nice economy to trump who didn’t really do anything to move the needle.
     
  2. icehole3

    icehole3 Well-Known Member

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    When Dems look @ these numbers. They hit plan B.

    [​IMG]
     
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  3. MissingMayor

    MissingMayor Well-Known Member

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    Then what are you talking about?
     
  4. MissingMayor

    MissingMayor Well-Known Member

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    "Allowed the Swine Flu pandemic to rage for 6 months". Wow, you must really hate Trump then.
     
  5. Durandal

    Durandal Well-Known Member Donor

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    Ah, the Moscow Pundit. All Gump propaganda all the time.

    Yes, the markets have done very well thanks to the Federal and Central Bank rescue packages of late, not to mention the market's recent "irrational exuberance" and the fact that it is increasingly automated and has a lot more investors overall thanks to services such as Stash Invest and Robin Hood. It grows even as businesses file for bankruptcy in record numbers and the GOP fails to deliver relief for them or individuals.

    At this point, the economy could collapse entirely and the goofy automated stock market would still soar, at least as long as the Federal Reserve could and would continue to buy up all the toxic stuff and keep it going.
     
  6. Josephwalker

    Josephwalker Banned

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    Correction, Obama presided over the slowest economic rebound since the great depression
     
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  7. ButterBalls

    ButterBalls Well-Known Member

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    We are wondering off topic now.

    I was just comparing the amount of unemployed they both faced and how EASY it is to recover with that many displaced workers is all.. Also Trumps facing COVID related business and economic crash are similar too..

     
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  8. flyboy56

    flyboy56 Well-Known Member Past Donor

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    The first bubble was the housing market bubble. And you are right about all the money being thrown into the market. Look for a huge stock market bubble next.
     
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  9. ButterBalls

    ButterBalls Well-Known Member

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    Why would I?
     
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  10. ButterBalls

    ButterBalls Well-Known Member

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    Well we can do as Obama did and simply inject money until the next guy takes office :)
     
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  11. Indlib

    Indlib Well-Known Member

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    Yep. I read your meme. It is great. Perhaps the greatest meme ever. Now that we have that out of the way; can you link where Obama had the same type of employment lockdown as Trump's tenure?
     
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  12. ButterBalls

    ButterBalls Well-Known Member

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    I'm not getting in to that for the 100th time.. You figure out what Mr. Obatard did with 8 trillion, that way your're more satisfied with the answer and I can go skid/slip proof my garage floor ;)
     
    Last edited: Sep 17, 2020
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  13. Durandal

    Durandal Well-Known Member Donor

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    Allow Dear Leader to respond:

    "It goes through the air," Mr Trump told the author on 7 February.

    "That's always tougher than the touch. You don't have to touch things. Right? But the air, you just breathe the air and that's how it's passed.

    "And so that's a very tricky one. That's a very delicate one. It's also more deadly than even your strenuous flus."​

    https://www.bbc.com/news/world-us-canada-54094559
     
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  14. ButterBalls

    ButterBalls Well-Known Member

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    Yup, and don't forget to not eat bats or dogs and CHINER and XI said we would "World" be AOK ;)
     
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  15. catalinacat

    catalinacat Well-Known Member Past Donor

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    And the B.O. administration did not do ANY testing of healthy people, only if they came in sick with his swine flu. This testing is a joke. CDC guidelines are now that no testing is necessary if you have no symptoms and/or even if you think you have been exposed to a covid infected person. But not one governor any any state so far is adopting those guidelines. The left overrules anything that might get schools, churches, and full attendance at games to return. Not, while the economy is under President Trump. Yesterday a report came out where black family income is still higher than it ever was. Bravo President Trump!
     
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  16. Durandal

    Durandal Well-Known Member Donor

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    Allow Dear Leader to respond:

    Jan. 24, Twitter:

    “China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!”​

    https://www.politico.com/news/2020/04/15/trump-china-coronavirus-188736
     
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  17. Durandal

    Durandal Well-Known Member Donor

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    Um, you're complaining about piss-poor testing guidelines from the Gump administration even as you mindlessly praise him.
     
  18. ButterBalls

    ButterBalls Well-Known Member

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    Yup, so they told him :) So you think the CHINER XI didn't lie to the world?

    All Hail HONEST XI the virus King ;)
     
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  19. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Just wondering:

    What did Trump do to deserve praise for the "greatest recovery ever"?

    If I were you, I'd not count my chickens before they hatch. Usually, the stock market reacts well to low interest rates. It didn't seem to like Powell's statement yesterday that interest rates may stay at 0% for up to three years. Greatest recovery? Is that why we need 0% interest rates? For three years?
     
  20. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! Have you looked at the deficit, even before covid? Where is the Tea Party now?
     
  21. MissingMayor

    MissingMayor Well-Known Member

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    Trump got the info of transition through the air directly from Xi. China and Xi told Trump everything he needed to know, and he did nothing.
     
  22. Indlib

    Indlib Well-Known Member

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    And I was simply stating that the article is disengenius when the author tries to compare economic recovery based largely on lifted employment restrictions with recovery from the great depression. Furthermore, no mass employment restrictions were implemented under obama so that too would be a false equivelency.
     
  23. MissingMayor

    MissingMayor Well-Known Member

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    They had a test made and distributed nationally within weeks and zero restrictions on who could get tested.
     
  24. ButterBalls

    ButterBalls Well-Known Member

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    It was less then Obama at the same point in there time in office! And Trumps economy and UE was better then Mr. Obatards was ;)
     
  25. Sahba*

    Sahba* Well-Known Member

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    Astute reflection... I was 'tongue & cheek' w/ broaching this issue, lol... Markets are a fickle thing... Do what you think best serves you / us on Nov. 3...
     

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