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Thinking Black Guy

Thinking Black Guy | IF A DEMOCRAT WERE PRESIDENT, THE STOCK MARKET WOULD HAVE NEVER REACHED RECORD HIGHS; THEY WILL HYPE UP THE BAD SO WE ECONOMY WILL STUMBLE IN HOPES THEY CAN RETAKE THE WHITE HOUSE. IT WILL FAIL | image tagged in thinking black guy | made w/ Imgflip meme maker
880 views 6 upvotes Made by foreigner 4 years ago in politics
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7 Comments
[deleted]
2 ups, 4y,
1 reply
Over the last forty years, long-term investments gained more value while a Democrat was President than when a Republican was.

The reason is because the growth is more stable.

What good is a record high benchmark if it's just going to be wiped out by a bad day like today?

Not everyone is timing the market. Not everyone WANTS to time the market. Some people just want steady, stable growth on their life savings.

Republicans are reckless and it's days like today when everybody feels it. And it's not because they don't understand economics - it's because you don't!
2 ups, 4y,
1 reply
"What good is a record high benchmark if it's just going to be wiped out by a bad day like today?"

Please stop talking. The economy is not responsible for the recent market volatility. The market is responding to the Coronavirus, not economic fundamentals. Last Friday's job reports shows the fundamentals are still stable. You clearly believe that Government can control the markets and prevent volatility, which is utter horse poop.
[deleted]
1 up, 4y,
2 replies
You've been told for half a year that a crash was predicted after the end of the bull market.

How did people predict that this was going to happen before talk of the coronavirus was even uttered?
2 ups, 4y
People have been saying since 2012 we were due for a market pull back. That doesn't mean they predicted this correctly, as it took 8 years for the correction to manifest.

The market is reacting to the Coronavirus impact, not the economy.
0 ups, 4y
Just do some reading, just a little

Across the world equity markets are being impacted from the Coronavirus.

Using your logic, each country who's local stock market is being impacted is not the fault of the virus, but their leader instead.

https://www.ft.com/content/804d6c82-61aa-11ea-a6cd-df28cc3c6a68
0 ups, 4y,
1 reply
The stock market did reach record highs under Obama. Does anybody seriously believe Trump could have cleaned up Bush's mess? Trump rode on Obama's coattails.
1 up, 4y
WHAT MAGIC WAND DO YOU HAVE? ABRACADABRA, B**CH | image tagged in memes,cool obama,smug trump | made w/ Imgflip meme maker
Old classic.
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IF A DEMOCRAT WERE PRESIDENT, THE STOCK MARKET WOULD HAVE NEVER REACHED RECORD HIGHS; THEY WILL HYPE UP THE BAD SO WE ECONOMY WILL STUMBLE IN HOPES THEY CAN RETAKE THE WHITE HOUSE. IT WILL FAIL