RE: If Only You could Time the Buys and Sells Correctly6 Sep 2024 18:29
1863
Ah ha.!
A proper "trumpist".
Well, as I cruise with many many Trumpists all the time, I point out.
1. Per Wall Street, Per Economists, The US Economy has never been better, ever.
2. The "Southern Border" is purely a political spin, the amount of Illegal Immigrants also rose under Trump, however, there is a difference, the simply fact that Americans will only pay the cheap labour, and the cheap labour ironically are from the South of America, the amount of working Immigrants has dramatically increased, and ironically the amount of lazy Americans has also increased...... hhhhmmmm.... That's the same thing that's happens in the UK, with 880,000 Extra Working Age people OFF SICK since Covid in the UK.
3. The Stock Market under Trump was by far more volatile than under Biden, even with Covid, as under Trump he would get onto Twitter and announce without notice more tariff discussions.
4. The US Stock Market has reached and then exceeded all time highs.
5. The Inflation and Interest Rates are not down to the President to manage, that is the Economy itself, and is managed by the rate setters, the same happens in the UK. Global influencers have effects on all countries. Oil, War, Disease, Exchange Rates. BUT, even with high Inflation and Interest Rates the US Stock Market thrived
6. One of Trumps biggest supports, Elon Musk has the majority of his cars built in China.
7. Every Economy throughout the world on paper went into Recession over the past 3 years, apart from the US, including the UK and the second largest World Economy, China.
8. Trump laid the ground works for the Afgan withdrawal, not Biden, the timings were set by the Trump administration, not Biden's.
Again, I will point out that if I were an American, I would be a Republican Voter, but I would not be voting for Trump/Vance.