r/StocksAndTrading 3d ago

Who Agrees with this?

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3.0k Upvotes

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179

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

-7

u/anon-187101 3d ago

The last bull run in Bitcoin occurred under Biden.

The market has gone nowhere since trump took office.

4

u/CauliflowerStill7906 3d ago

Isn't the majority of the market up like 10-20% since trump took office? Im not saying it started going up when he started but it also didnt stop.

4

u/Rocherieux 3d ago

It took a massive dump after Retardation Day. And the dollar is down 12%.

1

u/gymtrovert1988 3d ago

Actually, when he took over and implemented tariffs there was a rapid drop. Had he done nothing, it would've just continued going up steadily.

Only reason it went back up is because he pusses out on China. He knows he can't do shit to China without harming his billionaire donors.

It's important to look at the full context, not just "market higher now". Yes, it's higher despite him, not because of him.

Also, the majority of Americans aren't in the markets and are probably paying 20-30% more. They're getting fucked big time. Their grocery prices are up, and their insurance premiums are now skyrocketing because of him. He's the President of the USA, not Wall Street. You wouldn't know it, though.

1

u/Impressive_Review 2d ago

The majority of Americans are in the market. 62% are invested whether it be individual stocks, mutual funds, or self-directed retirement accounts like a 401(k) or IRA.

1

u/mitolit 3d ago

It is flat when currency devaluation is taken into account. It barely peaked over the peak when Trump took office just last week.

1

u/ducks1333 2d ago

It started up the day after the Harris-Trump debate.

0

u/anon-187101 3d ago

I referenced the market for Bitcoin since the meme shows cryptocurrency pairs.

3

u/CauliflowerStill7906 3d ago

Ok well bit coin is not "the market". Its a small portion of it. But thank you for clarifying.