L L wrote:
But if we talk about what the market has done since Trump's tax cut a year and a half ago we say that it is not booming.
And more to the point, he can't get out the way.
His words have hurt market performance. If he never threatened tariffs on China or Mexico the numbers would be even higher.
Ok...now you have a different starting point.
1) Market BOOMING since he took office.
2) Market NOT booming since a year and a half ago.
3) I agree that his tariff talk DOES make the markets go down, but it is unclear if today the markets would be higher without that talk, because as soon as the talk stops or there is word that he will meet with Xi Jinping, etc., the markets go back up. He causes volatility for sure, but it's impossible to prove long-term damage.
4) I am happy with the stock market performance during his presidency as I was during Obama's. I don't need it to go up ever again at this point, so I don't have an emotional attachment to the market like others might. I actually never did because I don't behave on emotions; only logic and truth and justice.