The market just recognized that the fake polls were oversampling Dems and pushing their results back a few days, so it’s actually thanks to Trump.
Economics Thread
- Thread starter sturg33
- Start date
The market just recognized that the fake polls were oversampling Dems and pushing their results back a few days, so it’s actually thanks to Trump.
acesfull86
Well-known member
https://www.cato.org/blog/poll-63-americans-want-increase-trade-other-nations-75-worry-tariffs-are-raising-consumer
In a hypothetical, 61% of both Democrats and Republicans supported adding tariffs to TVs imported into the United States to “boost production of the American TV industry.” However, in an experiment in which half of the survey respondents were told that Donald Trump imposed these tariffs, 65% of Democrats said they would oppose the tariffs, while 70% of those who identified as Republicans said they would support them. On the other hand, if told that Joe Biden imposed these tariffs, then 57 percent of Democrats would support the tariffs—a 22-point swing relative to the scenario where Trump imposed them. Meanwhile, Republican support declined by 19 points (51%) relative to the scenario where Trump imposed the tariffs.
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Lol worthy, and yet not surprising at all
In a hypothetical, 61% of both Democrats and Republicans supported adding tariffs to TVs imported into the United States to “boost production of the American TV industry.” However, in an experiment in which half of the survey respondents were told that Donald Trump imposed these tariffs, 65% of Democrats said they would oppose the tariffs, while 70% of those who identified as Republicans said they would support them. On the other hand, if told that Joe Biden imposed these tariffs, then 57 percent of Democrats would support the tariffs—a 22-point swing relative to the scenario where Trump imposed them. Meanwhile, Republican support declined by 19 points (51%) relative to the scenario where Trump imposed the tariffs.
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Lol worthy, and yet not surprising at all
Tell me you don't understand the stock market, without telling me you don't understand the stock market.
You realize it's already risen above 40k at least twice before, right? The stock market has been not been especially strong the last 6+ months and the jobs report and inflation concerns aren't helping things either. We are still facing very real recession concerns, which is part of the reason the Fed dropped rates.
Also, the stock market performed much better under Trump, even before adjusting for inflation.
https://www.axios.com/2024/01/01/biden-trump-stock-market-performance
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Tapate50
Well-known member
Stop the federal greed !!!! Price gouging its own constituents!
1. Housing prices are increasing in the greater NY Metro area I believe
2. Housing is still not affordable to most and all we are going to see is middle and upper middle class wealth diminish while big corporations buy up discounted property. Heck, if things continue in this trend I may grab one although my preference is to buy north for a summer home.
Me too. This is the opposite of what I'm seeing. I'm looking every week
nsacpi
Expects Yuge Games
It isn't a problem that just started recently. Corporate profits as a percentage of national income and price markups have been on an upward trajectory for over 20 years now. This reflects the fact that many sectors of the economy have been allowed to become more concentrated and less competitive. Consumers have lost out. In the form of higher prices and in other ways as well.
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