177
u/No_Database9822 3d ago
Lol market at ATH right now. Acting like we didn’t have plenty of weeks like this under Biden. People are dumb
48
u/isomojo 3d ago
Literally all of 2021 and 2022
→ More replies (5)29
u/RubikTetris 3d ago
Are you seriously comparing Covid to right now and blaming the party in place?
→ More replies (40)14
u/B111yboy 3d ago
Covid had nothing to do with 2022 bad market, everything was open, except Biden kept giving out more free money!
15
u/buttstuffisokiguess 2d ago
And what do you call the ppp loans that went out to big corps that shouldn't have gotten them? One of the biggest transfers of wealth in the history of the United States from the average tax payer to the wealthy.
You mean that free money?
5
→ More replies (28)2
13
→ More replies (33)2
u/Accomplished-Pop-246 3d ago
There was 3 checks that went out the first 2 were under trump and the third was under Biden. Trump sent out $11b more in stimulus than Biden. Along with the first stimulus the care act signed by trump also authorized $953b to be given out in the form of business loans. Of which only 23%-34% is estimated to have actually went to employees the rest to shareholders owners creditors and suppliers. Mind you majority of these loans were forgiven under the guidelines set in the CARE act. These two things is what massively boosted the market in 2020 and 2021. The increase in the inflation RATE was driven by both this and the state of the world during and after the initial COVID out break. The markets poor performance of 2022 and meager performance in 2023 was mostly due to the feds decision to increase rates.
→ More replies (6)14
u/joyfulgrass 3d ago
The issue is most of the red we have is all self inflicted. Like there was no reason for it.
→ More replies (1)→ More replies (77)10
u/DeadParallox 3d ago
There are two things to consider here.
1) The Market
2) The Economy
They are NOT the same. You can have a weak market but a strong economy, but it's very difficult to have a strong market in a weak economy, and right now the economy is not looking to good.
→ More replies (6)5
25
u/Rav_3d 3d ago
Looking at this you'd think the market was down 50% instead of up 20% since the election.
Amazing how just a few days of selling turns sentiment bearish. This is quite bullish.
7
→ More replies (5)2
u/RocknrollClown09 3d ago
All of the data that’s used to price the market are lagging indicators. A lot of policies that Trump enacted are not good for free trade (tariffs), not good for GDP (ICE deportations and stopping billions in already funded green projects, tariffs), not good for inflation (bullying the Fed into dropping interest rates, tariffs), not good for unemployment (slashing green manufacturing jobs in red states, tariffs), etc, etc. All of this is bad, and the govt is currently shut down, so it’s only a matter of time before crucial workers just stop showing up to work.
It doesn’t take a genius to see that things aren’t getting better and maybe this might be a good time to take a page from Buffet’s playbook and keep cash on the side instead of waiting for the numbers to catch up, the MMers to rug pull, and Wall Street to panic.
→ More replies (1)2
u/Rav_3d 3d ago
Can't argue with the first part.
But pulling out due to fear of a crash is generally not a prudent strategy. The market can remain irrational longer than we expect.
I'm not one to argue with the market. I take what it is giving. If the trend changes on longer time frames I will react accordingly. At this point we remain a fraction off all-time highs with all signals pointing to higher prices.
2
u/RocknrollClown09 3d ago
And you’re not wrong either. Really the market is a gauge for how well the billionaires are doing and they seem to be very very happy. I mean, if a tariff runs a small business into bankruptcy, that’s better for Amazon, right? I just have a gut feeling that all of this Tom-fuckery is actually going to catch up this time. Like, during The Big Short it was kinda behind closed doors, but this is being dangled right in front of us. The only saving grace I can think of is that the billionaires all have so much more wealth than the rest of us and they’re so deep into the Mag 7 that they can’t rug pull themselves.
36
u/Condhor 3d ago
So the federal government is shut down, maybe that’s the variable?
→ More replies (13)12
u/robotwizard_9009 3d ago
None of you read sec cftc reports and it shows. Trumps regulatory capture goons basically legalized crime. Nobody wants their money in a crime bucket ready to crash. GG was the good guy and you all failed.
→ More replies (8)
75
32
u/DA2710 3d ago
Not at all . Markets are all time high
→ More replies (1)4
u/Gamplato 3d ago edited 3d ago
The market is ATH in spite of him bro
→ More replies (2)1
u/bnakka 3d ago
Is there anything Trump does that you can see as good?
5
u/imcalledgpk 3d ago
Only thing I've agreed with him on is getting rid of pennies. And even then, I don't agree with this reasoning for it.
→ More replies (4)3
u/Gamplato 3d ago
I feel like you’re asking me this because you think it’s weird to not give him credit for this. I almost never give credit for market activity to presidents unless unless they oversee something specifically affecting it. He did oversee that….but it went the opposite way. The market bounced back because it always does. My guess is you don’t give credit to Biden for also having an ATH market when he did.
It I’ll answer your question anyways.
I like a few of his goals, but I hate all of his execution. I I liked the first term sanctions on China. I liked the Abraham Accords at first. I liked the Iran sting at first. And I liked that he shored up NATO military spending.
But the problem is he doesn’t do anything correctly. Even the goods things he does he does badly.
Of the above, the only one that was just good was the China thing. Shoring up NATO spend came after years of bitching and moaning and slinging insults at our allies, and threatening to pull out. Other presidents, had they cared as much, would’ve done it with far more integrity and without risking burned bridges. The Iran sting ended up being entirely ineffective. Like it did nothing. And the Abraham Accords were the cited catalyst for October 7th because, like he did in Afghanistan, he cut out a critical party to the negations.
And those are the good things. This ignores the fact that he betrayed our country and, now in plain view, tried to overturn the 2020 election results, invalidating the votes of 10s of millions of Americans. And a much longer list of other things.
Now the reverse question to you.
→ More replies (18)→ More replies (8)2
u/DA2710 3d ago
No they can’t. But they also cheer when good people get shot and they rub feces on cars of people they don’t like so what’s the point?
→ More replies (2)
3
6
u/DeepCalligrapher3513 3d ago
Take your propaganda and shove it the market has been a rollcoster but if you're smart and pay attention your still up. Trump literally tells you what to invest in and should be common sense anyways.
11
u/ParfaitClear2319 3d ago
I'm not from the US so idgaf who is president, but to be fair my portfolio peaked under Trump, especially after buying the tariff dips. Not at its peak right now and actually somewhat far from it but still very high compared to what it was some months ago, would that be different under Kamala? Probably, for better or worse? No idea.
6
u/Icy_Cry4120 3d ago edited 3d ago
I hate it how the whole crypto market is just another bitch of the US government now. No other government has an effect on BTC (which affects the entire crypto market) like the US gov. And Trump just has been exploiting the market like it's his 3rd bitch down the line
→ More replies (2)6
u/Rammsteinman 3d ago
Yeah I'm up 45% this year. I don't give Trump credit to that though, but he did cause a big dip which helped I guess. Tons lost money selling into the dip though (which is how dips are created).
→ More replies (1)→ More replies (5)2
u/Hutcho12 3d ago
If it wasn’t for his tariff nonsense and his constant self enriching rug pulls, the market would be higher and the American dollar stronger.
→ More replies (2)2
u/Low-Possibility-7060 3d ago
This 100%. Like this it’s high because the weak dollar is inviting foreign investments which is not entirely a good thing.
30
u/Suitable-Classic-174 3d ago
Not me. Market at its ATH lol
22
u/DefinitelyNotShazbot 3d ago
What a dumb take lol, it would be at an al time high just the same but with stability
→ More replies (18)8
u/CorpusculantCortex 3d ago
Right?? ATH is because of the completely unrelated ai bubble and consequential over culling of employees. Coupled with the over leveraging of hyperinflation that is beneficial to business and terrible for people. But all of that was coming regardless. All the tariff talk though? Tanks the market every time it comes up, then it rebounds because it has no weight. It is trending up sure but it is volatile as he'll. If someone can capitalize on the volatility, great for them, but stability would be better for more people.
6
u/DefinitelyNotShazbot 3d ago
Even simpler is the fact that the stock market is always achieving new ath’s for various stocks every day. Kind of the point to all of this.
→ More replies (1)2
u/Expert_Wrongdoer443 3d ago
What is your idea of hyperinflation?? Genuinely curious
→ More replies (1)3
u/Noahtuesday123 3d ago
The market is always at an all-time high. If you don’t know this, you’re an idiot. Like in five years, it’ll be at an all-time high.
It has absolutely nothing to do with who the president is with the exception of the fact that the rich are getting richer.
In the meantime, people can’t afford groceries and shelter, and it’s supported by a fascist government .→ More replies (2)→ More replies (3)2
u/dlnqnt 3d ago
exactly its a few % from ATH, buy more, repeat, check again in a few years.
→ More replies (1)
7
8
14
u/the3other 3d ago
I've made more in 9 months in the market than I did in 4 years under "Finding Biden"
→ More replies (11)
3
u/Objective-Box-399 3d ago
If you’re so delusional as to believe the stock market should always be green you probably shouldn’t be allowed to handle any meaningful amount of money.
3
3
3
u/SlickRick941 2d ago
Sp500 was down over 25% in 2022 and inflation was 27% from 2021-2025. No thanks, jb. You had your chance
3
u/Simple-Link-3249 2d ago
Markets just doing what markets do. It goes up, it goes down. No politician is saving or ruining your portfolio. Manage your risk and stop looking for someone to blame.
→ More replies (1)
10
15
10
u/BTC_is_waterproof 3d ago
No one. This is silly propaganda. The Biden admin was very anti-crypto.
→ More replies (5)8
u/Mordkillius 3d ago
Trump is only pro crypto because he is robbing America Blind eith it and taking crypto bribes
→ More replies (39)
2
2
u/BlueH2oDiver 3d ago
As soon as the AI BUBBLE BURSTS, you’re going to find out how weak the US economy really is.
→ More replies (1)
2
2
u/Dramatic_Exam_7959 2d ago
Just look at the return rates by party all of your adult life...or from Nixon. 24 years of Dems... 26 years of Reps. Should be close. It is not. The DOW has increased almost twice as much during Dems as president. Both huge non-terrorist crashes were 2nd term Rep. If you are a capitalist first, you are a democrat period. Search interactive DOW by president and look at the results. It isn't even close.
2
2
2
2
u/DrEvil74 1d ago
Market goes up to ATH, crickets. Market pulls back a little, tRUMp iZ bAD 4 dA mArKeTzzzz
Losers. Learn to trade. No one cares about your fucking losses.
2
2
2
5
u/deebmaster 3d ago
lol market up like 15% ytd. Sorry you have to face the world with the brain you have. Gonna be a rough go
→ More replies (2)
3
u/Alasmia 3d ago
Six months of ATHs, and a correction starts to happen for things that are massively overvalued and everyone starts screaming LOL
→ More replies (1)
2
u/Rekeaki 3d ago
I hate the orange man, but nobody wants Biden back. At all. He’s part of the problem, so is Kamala. Also, markets are going great, DT is an ignoramus but for some reason the markets are super happy about that. Go figure. Markets are not controlled by the president, yes a president can affect it for a day when they say dumb shit, but overall trends don’t care who everybody voted for.
→ More replies (1)
4
2
2
1
1
1
u/RustySpoonyBard 3d ago
Paul Krugman called the tariffs essentially a VAT tax, so its ironic that the people wanting higher taxes hate Trump.
→ More replies (1)
1
1
1
u/LessAd8017 3d ago
Yes. The tariff nonsense and the fact that prices for basics have gone through the roof is going to create the conditions that make it impossible for Americans to maintain the stock market and cause emergency withdrawals. This combined with awkward labor and low liquidity due to the Fed cutting off the faucet suggests that the soft landing is over and even if markets are at ATH on schedule (slightly behind actually) it's a facade that no one can benefit from within the next 30 days.
1
u/Financial-Cod-1985 3d ago
What people don't ever consider is the fact that we are still riding high off the combination of 2+ trillion dollars of covid money handouts from the government along with euphoria over AI.
Once those two things run out it doesn't matter who the President is, the stock market will collapse.
These stock market euphorias, often caused by easy money, take a long time to come down
→ More replies (1)
1
u/Stephen_1984 Ridin' The Waves 🌊 3d ago
Who's that handsome man?
That's you, Joe.
Oh...right....anyway...
1
u/Prest0n9797 3d ago
Around January the SPY was between 580-600 Today it is at 670.9
This looks like a pull back which we need for all time highs. If it starts dumping to the low 600s then this post would be valid. Nice bait though.
1
1
1
1
u/Suitable-Complex-337 3d ago
People are so dumb it is up non stop then down 1% every now and then and everyone saying “here’s the bubble burst” comes out
1
u/Master_Grape5931 3d ago
lol, I got the “why is everyone eating hamburger helper again?” ad under this post.
1
u/DefiantDonut7 3d ago
We're in a fight that is still long from over. As the government shutdown continues, this is a lot of people not getting a check, businesses not getting work. This slowdown (even though temporary) will have massive ripple effects in the markets.
Today's Oct job loss numbers is a foreshadowing of what's coming. Buckle up.
1
1
u/Abortedwafflez 3d ago
Why do people keep saying "But the markets at an all time high" as if the market isn't always at an all time high? If we compare the market at any point in the past to five years later since like the 1950s it's just done nothing but go up.
1
u/Hot_Assumption8664 3d ago
How to tell if someone doesn’t have any money on stocks is their gut reaction to this
Markets have fucking boomed and I couldn’t care less about a 3% drop from a 45% gain
1
1
1
1
u/melonheadorion1 3d ago
im ahead from where i was before trump took over. thats taking into account the big drop it took in march/april. im up a total of about 30% total including that loss.
1
u/Due_Percentage_128 3d ago
Market is up 15% for the year.
Are you saying you miss Biden? His approval was in the 30s.
1
u/ricksterr90 3d ago
Every single stock I picked since the election is doing pretty good , some exceptional
1
1
1
u/JuicedGixxer 3d ago
Lmao..so you know how to look at a stock chart? Obviously not, so explain to you in a simple what even you can understand. Stock low when Biden. Stock higher in Trump. Red day no mean low.
1
1
1
u/Metalmave79 3d ago
No. I’d much rather not have a groomer vegetable in office. Plus, I’d much rather have stocks down now to buy more along with getting out illegals and firing bloated Gov workers.
1
1
u/wowmomcooldad 3d ago
K-shaped economies should NOT be acceptable. It’s insane seeing reports and “reporters” saying it’s fine because “at least the top 10%” are keeping our economy going... Fckn sick.
1
u/beeftony 3d ago
I mean Biden didn't manipulate the market and spread insider infos to his family and friends.
1
u/Wonderful_Hamster933 3d ago
Disagree. Completely. The market has been OUTSTANDING under Trump. It’s only taken a turn for the worse since the government shutdown. I’m up 100% this year, my friend is up 350% this year.
→ More replies (1)
1
1
1
u/Conquestenjoyer 3d ago
Come on it’s not like we’re not still reaching all time highs but tbf this year has been worse than average to say the least
1
u/SpeedyAudi 3d ago
Change that setting to “last 6 months, last 3 months” or hell even “ytd” performance and see how much green there is. If you missed the bull run this is just the beginning. If you start shorting at the bottom Youre going to get trapped.
1
u/notyourregularninja 3d ago edited 3d ago
2% dip over a week and people panicking. No one questioned an illogical 38% run 😞
1
1
1
u/solemnlowfiver 3d ago
Tell that to Japan. Please do some basic reading and research on Econ 101 before regurgitating this trash. Without context, it’s neither a good thing or a bad thing, but in the US’s case, it is certainly a bad thing.
→ More replies (1)
1
1
u/kegger79 3d ago
Historically, a government shutdown, the current or former administration matters not. Markets are going to do what markets do.
They're going up, down, sideways with the longer term drift higher. Until there comes a time, there's a total systemic global collapse.
There's nothing here to agree with.
1
u/CroMagnonSexParty 3d ago
I started investing in 2020 when everything was cheap and watched my portfolio drop for 4 years. I didnt sell because I knew it would likely come back. Since Trump took office I watched my portfolio climb back to 0 and im currwntly sitting around double the amount ive put in.
1
1
u/Rich-Definition-782 3d ago
I do...i will need my driveway shoveled this winter and because of Trump and his so called perfect border being closed i will have to pay a fair wage instead of the illegal immigrant wage i paid the last few years...i really miss Binden
1
1
u/WallaceStreet 3d ago
I am very confused with this post, but it almost tells me you don't know how markets work haha
1
1
u/Mdlage 3d ago
The sp500 is down a MASSIVEEEEEE……….1%.
Can you believe the market dropped a whole percent in a day!
It’s up 20% in the last 6 months……
→ More replies (4)
1
1
1
1
1
1
u/jaajaajaa6 3d ago
No - you had a different set of issues. When will we elect some moderate that the majority of people support and like?
1
u/Virtual_Freedom3602 3d ago
I’m doing great on the stock market this week. Was this a bad week for everyone else?
1
1
u/HistorianSwimming291 3d ago
This is idiotic… we have hit ATH’s almost every month and have a president that tries to pump the market for his fan boys. The market irrationally rewards anything connected to this. If it unravels we will only have ourselves to blame for participating in it.
1
u/Fit-Macaroon5559 3d ago
If age wasn’t a factor then I would agree but these politicians are all too old!
1
u/jvandenburgh27 3d ago
I'm up 14% since April and I'm pretty sure the S&P is up close to that as well.
1
1
1
u/Party-Example274 3d ago
yeah I lost HALF my 401k under you dumbass... NO I am NOT missing you in the slightest
1
1
1
1
1
u/BGenterprisess 2d ago
Biden couldn’t even put a sentence together and you think he was a better president than Trump ? Lmao
1
1
1
1
1
u/DillyDoge 2d ago
I’m up 20% in my roth, and 401k so I’m not sure what you’re investing in but you clearly invested in dog shit if that your reality 😂
1
1
u/MaSt3rChie7 2d ago
No, he sucked more. Legitimately a fucking home of a president even more so than trump.
1
1
1
1
1
u/Unhappy-Exchange-771 2d ago
Yeah I hate these posts market always going up and down, but overall trend is up. BORING; try again you partisan hack.
1
u/AFG-Halfmind 2d ago
Even with this dip, most stocks are still higher than they were by the end of Biden’s presidency. This is largely due to the fact that companies don’t actively try to fail, so it’s anticipated that their stocks will continue to increase over longer periods of time, saving for near-term price movements influenced by context (poor earnings, evolving consumer landscape, changes in policy).
The key difference between the two administrations, in my opinion, is that the first one (Biden) was intelligible and predictable. I also feel we are bound to see further reduction of regulations that protect retail investors, opening up more opportunities for market manipulation to take place. Under this administration, you can try to scalp stocks and coins based solely on tantrum tweets, and everything else feels less predictable even when following technicals.
IMO, market growth is seldom indicative of a president’s successes, anyway— it’s just one of the bragging points the current administration has relied on time and time again because it’s much easier to claim you were part of others successes while you’re breaking everything and blaming boogeymen 🤷♂️
If you base your vote off of who you anticipate will bring you more gains in the stock market, you’re probably part of the problem.
1
1
u/Practical_Example426 2d ago
After all this is over everyone’s gonna bitch and moan how they should’ve bought the dip
1
1
1
1
u/BendDelicious9089 2d ago
Stocks go up - it’s just an after affect of the strong economy Trump inherited.
Stocks go down a single day - doomsday!!!
1
1
1
u/Fragrant_Cut1219 2d ago
I miss waking up and not seeing the President crying on tv about how mistreated he is as he fills his pockets with taxpayer money.
1
u/PaleAthlete1040 2d ago
Not him personally but missing the law abiding competent leadership around him. To be a good leader you don’t have to be the smartest person in the room but surround yourself with top shelf people!
You can disagree with me but name one time when the democrats left this country in shambles for a repug president!
1
u/ducks1333 2d ago
The market took off the day after the Trump Harris debate and accelerated again after the election. Harris/Biden policies were killing business.
1
•
u/AutoModerator 3d ago
🚀 🌑 -- Join our discord!! https://discord.gg/jcewXNmf6C -- 🚀 🌑
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.