Why the market is up even with historic job losses? The Simple answer is Donald Trump’s economic policies – May 8, 2020,
One thing the internet has done is it’s allowed the investment community to mature. Being perfectly honest, unless you’re rich, it’s probably not a good idea to buy a mutual fund especially in this era where fiat money is it’s a known fact that the petro-dollar which is an energy-based fiat currency is tied to your governments’ economic policies.
Why doesn’t alone want to invest in beautiful Argentina? Well, economically the people of Argentina are a bunch of Fascists, their protectionist economy is not worth the risk, investors don’t want to risk their money in a country in which the culture of the people is to nationality any profitable industry.
The reason America can run deficits under Trump whereas under Obama the market probably would have crashed by now, is because of their economic policies. Barack Obama is responsible for the Democrat party dissolving into a Socialists.
Obama similar to Trump had excellent leadership capabilities, however, his economic policies were horrendous, the market was actually happening that the then Opposition Republicans did everything in their power to prevent Obama from ruining the greatest nation on earth and when Obama finally folded to the Republicans, the market began to rise.
Of course, this goes ignored by the Democrats that it was the House Majority Republicans who actually got people like me to invest in America. As an investor, Obama was terrifying, but most Conservatives will concede that at the very least Obama was a good leader, Obama inspired people Obama made a lot of Democrats actually believe that economics wasn’t important and it’s because Obama had such great political leadership qualities, that the modern-day Democrat Party assumes that they can Run anybody and Americans and the markets will respond favorably.
No, no way in hell if any Democrat wins the upcoming election that any investor is going keep their money invested in America, the way they are now. Has Trump made the best economy ever? I’d say no, of course not, but given the circumstances is Trump one of the best Presidents in American history? Of course, he is!
It’s unlikely that Ted Cruz could have done what Donald Trump was able to do and if Hilary Clinton had won the election, and we were in a pandemic right now, Gold would easily be at $3000, easily. If a Democrat or even a lame-duck Republican other than Donald Trump were President right now, the market more than likely would not be so optimistic.
Trump has created an economy with fewer regulations and hope! People feel hopeful with Trump when it comes to Trump you take the good with the bad, there’s a lot of things about Trump I don’t like, but I’m adult enough to admit that never in a million years would I be able to do what he has done in 4!
With what Trump has had to deal with, most people would have quit by now, this mental strength by Trump resonates in the market because the markets know Trump will fight for Capitalism! The markets will show you favor if your economic policies allow the markets to innovate a better future for humanity!
At this point let’s be honest Covid-19 is sham, sure it kills, sure it’s deadly but a lot of diseases with no cure are deadly! People who want to stay out will find any excuse to stay home, politicians who cater to people who want to play it safe will be rewarded, but a play it safe politician in the white house would be destroyed by the market! So cheers to Donald Trump for another outstanding achievement!
Now, don’t confuse my praise for Trump as a sign that the Mainstreet market has recovered, because it hasn’t, Trump is good for Wall Street, and if you want to retire, you’d better cheerleader this economy because if a Democrat gets into power, bye, bye pensions!
Why the market is up even with historic job losses | cnbc.com
Interesting time ahead!