ThatOwlWoman (04-27-2021)
The US stock market has seen better returns in Joe Biden's first 100 days than under any president in the past 75 years
Will Daniel
Apr. 26, 2021, 05:42
The S&P 500 posted better returns in Biden's first 100 days than under any president since World War II.
JPMorgan analysts said the rise was due to record fiscal and monetary stimulus.
The analysts said they thought tax increases wouldn't hurt market returns as much as anticipated.
The US stock market has seen better returns in Joe Biden's first 100 days as president than it has under any other president in the past 75 years, according to data from JPMorgan.
In a note to clients on Friday, JPMorgan analysts led by John Normand reviewed the Biden administration's performance since Inauguration Day and discussed how tax policies and spending programs could move markets in the coming months.
The analysts said record fiscal stimulus had pushed equity returns to all-time highs in Biden's first 100 days.
"Not bad for someone Trump labeled as Sleepy Joe during the campaign," the analysts wrote.
S&P 500 returns since Biden was elected are nearly 25%, compared with returns of just below 15% from former President Donald Trump's election to the 100-day mark after his inauguration.
Data from JPMorgan indicated that Democratic presidents' average S&P 500 return was more than double the average return of Republican presidents since the end of World War II.
The previous high-water mark for 100-day success was President John F. Kennedy, who oversaw equity returns of more than 20% in his first 100 days in office.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
ThatOwlWoman (04-27-2021)
And Trump and the Radical Right Wing Media are losing their shit over this.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Not really. The market always goes up when the dollar gets devalued. It costs more to buy the same widget.
It's unfortunate that the JPP software doesn't allow us to tag ppl on these threads. There's one who keeps plaintively wailing about the lack of positive Biden threads by us lefties. There's seldom a day goes by that I don't see one, but some of us are blind, apparently.
I guess the dire predictions of a collapsed economy didn't come true after all.
"Conservatism is the blind and fear-filled worship of dead radicals." -- Mark Twain
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
I have a $100 bet with a Trumptard friend of mine. He wins if the market corrects more than 20% in Biden's first six months.
Three months to go. With the money, I think I'll buy some more Trump dolls to give away as Christmas presents again.
https://www.amazon.com/Finger-Fartin...9554555&sr=8-6
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
ThatOwlWoman (04-27-2021)
Joe Capitalist (04-27-2021)
Biden is not in charge of anything, he is a front, a sham, a fraud.....bought and paid for.
I choose my own words like the Americans of olden times........before this dystopia arrived.
DARK AGES SUCK!
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
Sailor (04-28-2021)
BWAAHAHAHAHAHAHAAAA!!!!
You're using Fucker Carlson as a reference?
BWAAHAHAHAHAHAHAAAA!!!!
Here's a friendly word of advice, Fawkewe10. Stop believing everything you hear on FauxNews. And the volume of people that believe something doesn't make it true. It just means there are tens of millions of people who are as gullible and naive as you are
Take a look at my signature below, Fawkewe10 and remember it the next time you watch Fucker Carlson.
Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”
The first 100 days completely ignores the huge DOW jump that occurred starting on election day 2016.
Bookmarks