Stock market the day Trump left office, 30,930.52.

[frigidweirdo]

First, Covid.

Second, if you think the intrinsic underlying value of the U.S economy increased by 25% in these four years, good luck to you.

Third, mass debt increase and inflation off the charts leads to increased profits, hence the market jump.

Thing was, the economy was rising from the end of the recession. It would have gone up under any president except those who did something disasterous.

What did Trump actually do? Not much.

 

[DBA]

Thing was, the economy was rising from the end of the recession. It would have gone up under any president except those who did something disasterous.

What did Trump actually do? Not much.

We are talking about the stock market, right? Well for starters, he cut the corporate tax rate by 14%.

 

[Harpy Eagle]

We are talking about the stock market, right? Well for starters, he cut the corporate tax rate by 14%.

yep, he did that and the big corps turned around and bought back their own stock in record numbers to pump up the value of their stock while adding nothing of value to the company or maybe paying their employees more

 

[DBA]

yep, he did that and the big corps turned around and bought back their own stock in record numbers to pump up the value of their stock while adding nothing of value to the company or maybe paying their employees more

Any stock market soared. What do you suppose will happen to the stock market if we raise corporate taxes?

 

[marvin martian]

Stock market the day Trump left office, 30,930.52.
The stock market, today, under Biden-Harris, 39,497.54.

Trump’s standoffish approach to international trade partners, particularly his trade war with China, weighed on stocks that rely on overseas business. In addition, Trump’s spontaneous and unorthodox approach to governing, as well as his frequent use of Twitter to communicate unexpected policy decisions often created uncertainty and volatility in the markets.

Do we want 4 more years of Trump's unpredictable, unorthodox approach to governing. It, even, has a negative effect on the stock market. The stock market like predictability.

The day Obama left office it was 19,732.40.

 

[Harpy Eagle]

Any stock market soared. What do you suppose will happen to the stock market if we raise corporate taxes?

The stock market was soaring before the tax cuts, in fact the first 12 months after the tax cuts it was basically flat.

 

[ElmerMudd]

The day Obama left office it was 19,732.40.

Trump and MAGA claim Biden Harris were a disater to the economy. The DOW does not go up by 33% when the economy is a disaster. Just the opposite.
Another Trump MAGA lie.

 

[frigidweirdo]

We are talking about the stock market, right? Well for starters, he cut the corporate tax rate by 14%.

Great, the rich helping the rich... did it do anything for the US in the long term? Not really.

 

[ElmerMudd]

Great, the rich helping the rich... did it do anything for the US in the long term? Not really.

It helped the rich and increased the debt.
It did help others, some, but their children will be paying for what Trump gave.