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Hoyt

(54,770 posts)
7. Honestly, most people who watch the stock market are probably still pleased with performance
Wed Oct 10, 2018, 04:32 PM
Oct 2018

under trump. Heck, most of us -- including me -- expected the economy to tank the moment he took office.

Right or wrong, Consumer Confidence is very good right now, and decent jobs are relatively easy to find for those with some skills. Obama is likely responsible for that, but I doubt most people know or care.

Unless something really ugly happens, don't think many voters will be swayed by a stock market falling a bit during a period of rising interest rates.

On the other hand, GOPers have to be careful not to declare everything is great when headlines are about a falling market. But, as we've seen with big market drops, there might be big increases in the next few days or weeks.

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