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Old 12-04-2024 | 02:01 PM
  #41  
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Originally Posted by Bucking Bar
❤️

Seems we have decided to remove uncertainty.

Everyone seems to assume that the recently elected President will NOT do what he says he will do: new taxes, rounding up undocumented workers, going farther and faster than Bush or Reagan did with deregulation while replacing boring moderate expertise with political zealots.

I think he will.

Many moderates go frightened and sold into the Trump bull run last time. They missed the government spending lolapalooza that inflated equity markets and deflated purchasing power.

Where is the easy safe haven?

safe haven? The 3 “B” of course Bitcoin, Boobies, and Boats.
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Old 12-04-2024 | 05:56 PM
  #42  
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Originally Posted by Scoop
Interesting - yes. Meaningful - no. For the most part Presidents just ride the economic waves they are dealt to the best of their ability. Case in Point - Bill Clinton. Elmer Fudd could have been president when the tech boom and the internet took off in the mid to late 90s and the market would have done great. Did Bill Clinton cause the tech boom or did he just happen to be President when it took off. Well in fairness he did have Al Gore as his VP who did in fact invent the internet.

Scoop
How is not meaningful that a 96 year average of left vs right favors the left by a gigantic margin? 15% vs 10%

$100 invested in 1927 =
$67m for Democrats (15%)
$1m for Republicans (10%)

A 67x difference is not luck.
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