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Bernardo de La Paz

(60,320 posts)

4. The market bumped up AFTER tRump's win Nov. 5. But has gone mostly sideways

Reply to travelingthrulife (Reply #1)

Fri Feb 21, 2025, 02:37 PM

Feb 2025

The market made gains and then lost them. The S&P 500 gained about 2.5% on Nov. 6. The point to make is that Biden left tRump an excellent economy and all signs point that tRump has ruined it in one month (though you don't take quite as far as I did just there).

The stock market gains during Biden's administration have NOT been erased, so Reuters is NOT "spinning it". Only the tRump gains have been erased.

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US business activity stalling, consumers' inflation expectations surge [View all] groundloop Feb 2025 OP

"gains notched in the aftermath of Trump's victory" travelingthrulife Feb 2025 #1

There was a small bump after tRump was elected based on expectations of lower tax on big business.... groundloop Feb 2025 #2

The market bumped up AFTER tRump's win Nov. 5. But has gone mostly sideways Bernardo de La Paz Feb 2025 #4

Between election day close and pre-inauguration day, S&P 500 went up 3.7%. From then to now: up 0.3% progree Feb 2025 #8

Yes, most of that 3.7% was about 2.5% or more the first day, Nov 6. . . . nt Bernardo de La Paz Feb 2025 #9

"rattled by the Trump administration's policies." Trump is eating the government. bucolic_frolic Feb 2025 #3

Who are these dumb businesses and consumers who thought HWSRN would be good for the economy? Raftergirl Feb 2025 #5

well that didn't take long Skittles Feb 2025 #6

As for the consumer sentiment part of it (graph) progree Feb 2025 #7

Radicalism is bad for business. nt Cognitive_Resonance Feb 2025 #10

A radical environment is bad for business, but in some cases good for innovative businesses. Bernardo de La Paz Feb 2025 #11

It's Jimmy Carter's fault. DavidDvorkin Feb 2025 #12