We have officially entered the Trump bear market.
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We have officially entered the Trump bear market.
Roosevelt was the last President who's party maintained the WH with a negative market in the election year. Since 1928, there've been only 4 negative returns during an election year. Obviously, it's pretty early in the year.
I know, dern it! If only this Covid-19 had waited until around August to come out. Then we'd be in the throes of the stock market pullback, and all the other bad news right at election time. Dang! everything might have recovered by the time we get to November. But hey! there's always that chance millions of Americans might have died by then and we can all blame Trump and he'll lose! Keep your chin up.
Right. And just look at what has ACTUALLY happened...what are the latest numbers, 1,300 infected, less than 30 deaths. Nowhere near any mundane flu epidemic. So, what has caused all this panic and the market to over-react? Can't be those lame raw numbers, has to be artifically created panic. And who is responsible for that? Yep, the Dems and the lib lamestream media.
And, also remember, the Dems and the lamestream media cried foul, accusing Trump of all kinds of nasty things, when he implemented the travel ban from China. Yet, every healthcare official and expert has credited that with limiting the US to early exposure to Covid-19. Once again we see that our gallant president was right! Correction....IS right!
Trump’s speech was so good the Dow sold off 10% today.
9.99....but who’s counting?
You two seem giddy. Do I need to tell you to buy on the way down or will you tell us the end is near?
Financial advisor told me not to even look at things right now because all it does is make you worry. Confident it will bounce back within 6-8 months. His 40 years experience tells me to trust him. Know a bunch of people in oil and gas. Some are worried that they may be laid off temporarily, but they have been through that before. They are saving up in anticipation and will be ready to work again when the prices go back up. Many of them aren’t worried at all. They have seen the doomsday stuff turn out to be completely false many times.