Imgflip Logo Icon

Trump's stock market. Ex. A of a successful presidency?

Trump's stock market. Ex. A of a successful presidency? | TRUMP'S STOCK MARKET: A GREAT RUN FROM 2017 TO JAN. 2018, BUT IT'S BEEN QUITE VOLATILE EVER SINCE. THERE ARE MANY OTHER FACTORS BEHIND STOCK MARKET PERFORMANCE, INCLUDING THE ATTITUDES OF THE FEDERAL RESERVE. OVERALL, THIS IS A PRETTY FLIMSY FOUNDATION FOR GAUGING PRESIDENTIAL SUCCESS, AND THERE ARE MANY OTHER SIGNIFICANT DOWNSIDES TO HIS PRESIDENCY. | image tagged in stock market graph 2017-2019,stock market,stocks,economy,economics,federal reserve | made w/ Imgflip meme maker
Stock market graph 2017-2019 memeCaption this Meme
7 Comments
[deleted]
3 ups, 5y,
1 reply
if only you had a retirement account, you would be very pleased with the market during the last 3 years. Sorry you missed out.

https://www.cnbc.com/2019/12/26/trumps-stock-market-rally-is-far-outpacing-past-us-presidents.html

https://www.bloomberg.com/opinion/articles/2019-11-11/how-the-s-p-500-has-performed-under-donald-trump
0 ups, 5y,
1 reply
Lol. I do, and indeed I have benefited, especially since I was paying attention closely enough to the market to re-balance my assets around the time of the two major market dips in Jan. 2018 and Nov.-Dec. 2018.

I live comfortably, but money isn't everything.
[deleted]
2 ups, 5y,
1 reply
so, you claim to have benefitted, yet criticize the fact that it's been better under Trump's 3 years than under obies 8? Strange logic there
1 up, 5y
I'm saying we can count the stock market as a point in Trump's favor, for now -- but: does it outweigh all the other downsides of his presidency?

The Ukraine monkey business, the undermining of our alliances, the erosion of our political discourse, the total failure to get any major legislative priorities accomplished (even infrastructure, a theoretical point of commonality between Trump and Democrats), the failure to act whatsoever on climate change and the rolling back of other environmental protections, and the fact that Trump's most rabid supporters are now calling for hangings of Democrats?

For me, it doesn't. Money isn't everything.
1 up, 5y
Anyone who isn't financially better off now than they were under Obama must be an idiot.
2 ups, 5y
To clarify, this is a chart of the Dow Jones Industrial Average (DJIA) of the past 3 years.

Source: https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years
0 ups, 5y
NO MENTION OF THE REPO MARKET DUMPING ALMOST 1/2 A TRILLION OVER A MONTHS TIME YEAH,WHAT COULD THAT BE AN INDICATOR OF? MOVE ALONG,NOTHING T | made w/ Imgflip meme maker
Stock market graph 2017-2019 memeCaption this Meme
Created with the Imgflip Meme Generator
IMAGE DESCRIPTION:
TRUMP'S STOCK MARKET: A GREAT RUN FROM 2017 TO JAN. 2018, BUT IT'S BEEN QUITE VOLATILE EVER SINCE. THERE ARE MANY OTHER FACTORS BEHIND STOCK MARKET PERFORMANCE, INCLUDING THE ATTITUDES OF THE FEDERAL RESERVE. OVERALL, THIS IS A PRETTY FLIMSY FOUNDATION FOR GAUGING PRESIDENTIAL SUCCESS, AND THERE ARE MANY OTHER SIGNIFICANT DOWNSIDES TO HIS PRESIDENCY.