Fordama wrote:Source of the post It's amazing that people are still spouting trickle down economics after decades of its failure.
Maybe a lunchtime discussion w/ Mr. Carlson would be useful? You should share your keen economic insight with him.
Bick wrote:Source of the post Can you explain it?
Bick wrote:Source of the post Maybe a lunchtime discussion w/ Mr. Carlson would be useful?
The U.S. equity market’s “Trump rally” actually has its roots in the period before the 2016 presidential election and is due to economic factors, such as oil’s recovery and looser policy in China, according to Barclays. The S&P 500 Index rose to multiple records in January, following a 19 percent jump last year.
“Buoyant capital markets primarily reflect economic forces already in motion rather than any change of political personnel,” William Hobbs, head of investment strategy at Barclays’ wealth management unit in London, said in a blog post. “The ongoing rally in global stocks rests primarily on the improving economic backdrop, rather than the so-called ‘Trump Rally.’”
Had Trump been the primary reason for last year’s stock-market gains, equity returns would have been driven by valuation expansion, since the Senate didn’t pass the tax overhaul until December, Barclays said. Instead, the bank’s calculations show that valuation growth accounted for less than a third of the MSCI USA’s total returns, which were dominated by rising corporate earnings.
Bick wrote:Source of the post I don't know how to read graphs. Can you explain it?
Bick wrote:You mean like this? As Ford pointed out, I don't know how to read graphs. Can you explain it?
Bick wrote:Source of the post What date did the Obama economy start, and what date does it end?
Wabash wrote:Source of the post Let's use the first date of his first budget as a starting point. Oct. 1, 2009.
Let's use the last day of his last budget as an end point. Sep. 30, 2017.
Bick wrote:OK. Would this chart be a fair assessment?
Bick wrote:Actually, I think this one is better and can be fairly assessed based on your timeline...agreed?
Wabash wrote:The solutions are simple. They just don't stand a chance of being adopted by those who currently control the government.
MDDad wrote:Source of the post It's a goddamn waste, and concentrating on credit and blame rather than solutions and improvements is probably one of the reasons we're in the goddamn mess we're in.
MDDad wrote:Honest to God, never in my life have I been in another environment like this forum, where grown men spend so much time and energy whining about who gets the credit and who gets the blame for everything under the sun. It's a goddamn waste, and concentrating on credit and blame rather than solutions and improvements is probably one of the reasons we're in the goddamn mess we're in.
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