Who plans to invest?

[homersapien 11,812]

18 minutes ago, Mikey said:

  Stock prices rise when business is bad, people buy when they anticipate a bounce, such as when a Democrat leaves office and a Republican takes over.

And here I always figured it's because there's expectation Democrats will clean up the messes left by Republicans and improve the economy.

Variable	Democrats	Republicans
Real GDP growth	4.33%	2.54%
Job creation rate %	2.59%	1.17%
Unemployment rate %	5.64%	6.01%
Unemployment rate change	-0.83%	+1.09%

3 more rows...

 

U.S. economic performance under Democratic and ...

https://simple.wikipedia.org › wiki › U.S._economic_per...

 

 

 

 

 

 

 

Edited April 12 by homersapien

[homersapien 11,812]

And therein lies the problem.  People like Salty and Mikey think facts are funny!

I understand Mikey's response but I have a question for Salty:  Do you think this data is simply false?

[SaltyTiger 8,240]

https://www.nytimes.com/2024/05/31/business/trump-media-stock-falls-after-guilty-verdict.html

“One poster said: “We are all disgusted by this sham verdict and want to live in a world with a better and strong America so we are donating to Trumps campaign and buying shares.” Another said that buying the stock was “the only peaceful protest we have left.” On Friday morning, some of the trending topics of discussion on Truth Social were: “Trump2024,” “MAGA” and “IStandwithTrump”

[TexasTiger 13,556]

8 minutes ago, SaltyTiger said:

https://www.nytimes.com/2024/05/31/business/trump-media-stock-falls-after-guilty-verdict.html

“One poster said: “We are all disgusted by this sham verdict and want to live in a world with a better and strong America so we are donating to Trumps campaign and buying shares.” Another said that buying the stock was “the only peaceful protest we have left.” On Friday morning, some of the trending topics of discussion on Truth Social were: “Trump2024,” “MAGA” and “IStandwithTrump”

The grift goes on! Loosen your wallet, Salty! The  billionaire needs YOU!