Legislation can have an effect, I’m not sure how big an effect though. When I read comment by those here who lean left you would think that Obama was one of the greatest economic presidents there was. Really? What exactly was the grand economic policy he implimented? The Stimulus bill? He didn’t have any grand economic vision, heck I don’t even know if he had any economic vision at all? Economies historically ebb and flow and and don’t just go up in a straight line. And there were a number of people who believed that whoever was the next president would possibly be dealing with a recession. In the end it is all bout earnings and in a GLOBAL economy no US president has control over that.
The Market made all time highs during the trade wars though. So although they are having an impact I’m not sure how much of the downturn is because of it? In the end it is all about earnings and if there is a global economic slowdown there is nothing any US president can do about that.
Why do you keep talking in such broad generalities and making ■■■■ up? No ones saying Obama was the greatest economy president ever. Trumps trade policies have had a major impact on our economy and the market. We are talking 100s billions of dollars.
What a relief this market is to those of us who are tired of WINNING.
Ya’ know how you wreck the market? You start a trade war with China, you explode the deficit, you simultaneously lower taxes while increasing spending, AND you exhibit glorious unpredictability and irrational behavior while President.
