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Economy

Claustrum

(5,060 posts)

3. Trump and the GOP needed the stock market to at least say they are good for the "economy"

Reply to Warpy (Reply #2)

Fri Jul 31, 2020, 07:22 PM

Jul 2020

If the stock market is at under 20k now, his approval rating would be in the low 30s instead of mid-high 30s. It's a delay tactic so they can still campaign with the "economy". They could care less about it once Nov. 3rd come and go. Either Biden or Trump wins, we will see the fed support stop and the stock market takes a nose dive. The stock market will then correlate to the real economy out there.

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U.S. Dollar Suffers Its Worst Month in a Decade [View all] left-of-center2012 Jul 2020 OP

Well, that's expected when you keep printing money to pop up the stock market Claustrum Jul 2020 #1

Well, it won't be for long Warpy Jul 2020 #2

Trump and the GOP needed the stock market to at least say they are good for the "economy" Claustrum Jul 2020 #3

That is fine with me, but a lot of people will be furious Warpy Jul 2020 #5

Q1 SP500 Earnings per share: 2017: 27.46, 2018: 33.02, 2019: 35.02, 2020: 11.88 😲 👀 progree Jul 2020 #4

Yep. Been watching it every month. Warpy Jul 2020 #6

This is a good thing. OrwellwasRight Aug 2020 #7