It is only his stock market on the good days.
I think it's quite comical how the Trump slurpers think
he is solely responsible for success of stock market. Shows how little they truly know about trading, and that they are NOT invested in the market at all.
That seems to be the case, yep!!
And Deezy....guess who just posted to this thread after stating for the record:
Joined: Jan, 2012
Posts: 3462
Posted: Jul. 18, 2020 - 12:25 AM ET #428
"OK Guys. This will be my final post in this thread. "
I guess we now know what that person's word is supposedly worth...
"OK Guys. This will be my final post in this thread. "
I guess we now know what that person's word is supposedly worth...
i can feel some lame spin coming right around the corner . observe
Not surprising. He loves the banter, even though he acts like he hates it.
Not surprising. He loves the banter, even though he acts like he hates it.
And his word is evidently worth ....................... nothing.
And his word is evidently worth....... nothing.
From the 129 countries with at least 4 million population, USA is ranked 9th WORST !
22 Euro countries are doing much better and only 5 *Euro countries are doing worse,
- although the trump-regime will soon surpass Sweden in deaths per million pop.
885 Peru
853 Belgium
* huge gap *
625 Spain
611 UK
597 Chile
587 Italy
582 Brazil
577 Sweden
574 trump's-denialist regime; 9th WORST <--- 
Stat source: https://www.worldometers.info/coronavirus/
No, we will not have a proven effective vaccine
for the contagion trump allowed to spread proliferously
before election day
Trump has consistently pressed agencies to speed up their timeline for developing
a vaccine so he can have a vaccine victory parade by Election Day.
But is it really possible?
No.
The doctors running clinical trials would know best ... and they don't think so.
"Do the simple math," said Dr. Larry Corey of the Fred Hutchinson Cancer
Research Center in Seattle, who is leading the team coordinating clinical trials
for federally backed coronavirus vaccines in the US.
"We designed the trial to get to 130, 140 endpoints seven months from
starting the trial," Corey told CNN. "The first one started in mid-July."
If you add seven months to mid-July, you get mid-February.
"If you had a highly effective vaccine, maybe you'd find that five months
from designing the trial," Corey said.
But if you add five months to mid-July, you get mid-December.
Source: https://tinyurl.com/y4cyqz8b
Trump's job losses
are the worst of any
American president on record
CNN Business, Fri September 4, 2020
Trump is heading into the general election with the worst jobs numbers
of any president, based on records that go back to World War II.
That's not going to change in the two months between now and Election Day,
no matter how the economy does.
The US economy is down 4.7 million NET jobs since January 2017
when Trump took office, according to the Labor Department.
There are many who question whether the Trump administration's handling
of the pandemic is responsible for deeper economic damage than
would have taken place had the White House taken a more active role
in fighting coronavirus.
And even with millions being called back to work in recent months,
there were more than 13.6 million people looking for work and
unable to find one in the most recent reading.
All factual...
Trump is heading into the general election with the worst jobs numbers
of any president, based on records that go back to World War II.
That's not going to change in the two months between now and Election Day,
no matter how the economy does.
The US economy is down 4.7 million NET jobs since January 2017
when Trump took office, according to the Labor Department.
Ex- GOP Sen. and Defense Secretary Hagel:
Trump reportedly calling troops 'losers'
is 'despicable,' fits pattern
USA TODAY, Sept 7
Hagel said that while the report was based on anonymous sources, the remarks fit
with a pattern of previous statements and actions. He cited Trump's past comments
about the late Sen. John McCain as well as three former military general who served
in his own Cabinet: former Secretary of Defense James Mattis, former national
security adviser William McMaster and former White House Chief of Staff John Kelly.
He also accused the president of using veteran and active-duty troops as political "props."
"Let's go back and look at Mr. Trump's words himself coming out of his own mouth
starting in 2016 with what he said about John McCain and what he continued to say
about McCain," Hagel said. "How he degraded the service of Gen. Mattis and
Gen. McMaster, and just recently Gen. Kelly.
The history of this president over the last three and four years is pretty clear."
Military Times poll:
Trump trails Biden by nearly 6 pts
among ACTIVE-DUTY troops
The poll, conducted earlier in August before either political party held
its convention, appears to contradict the president's frequent boasts
that members of the military favor him.
The results also found that 43.1% of troops surveyed said they would
vote for Biden if the election were held today, as opposed to 37.4%
who said that they would vote to re-elect Trump.
ONLY 38% of respondents say they hold a favorable view of Trump.
Trump's latest poor favorability rating further extends a trend across
his term: In a Military Times poll from late 2019, Trump's "favorable"
rating was about 42%. That was down from the start of his term,
when the president rated 46% favorable and 37% unfavorable.
Source: https://tinyurl.com/yy9v2lfy
38 percent 
thats even lower than the current national average from all the other polls !!!
More workers hit with pay cuts
than in last recession, and
stagnant wages could linger
USA TODAY
The layoffs and furloughs of more than 25 million U.S. workers have
understandably fueled most of the nation’s anguish over the coronavirus
recession. But that's not the only economic setback for workers:
Many companies are trimming employees’ hours or wages to reduce costs
– either instead of, or in addition to, the job cuts.
For workers, a smaller paycheck may be a welcome alternative to losing a job,
but economists say it still could hurt consumer spending and the economy,
and represent an even more enduring legacy of the downturn than the layoffs.
you do know fox news is registered as a news outlet? They are registered as an entertainment network. Thats why assclowns like unemployed failed painter hannity is on tv and all the other casts of idiots who arent journalists on that station. People watch fox news for their nastiness because deep down thats exactly who they are. Thats why people like trump, becuase hes a rotten nasty human and people enjoy that type of behavior
thats a problem not seen in employment stats . unemployment is high but even many of the employed have had hrs cut or wages cut or both slashed . hurts those on the bottom end the most .
trumps economy
More on trump's economy:
Six months of carnage and counting:
Travel industry struggles to rebound from COVID-19
Thousands of airline workers to lose jobs because of
drop in travel caused by coronavirus
The U.S. economy is projected to lose $155 billion in 2020 –
or $425 million per day – because foreign visitors are kept
at home by the pandemic and international travel bans,
according to the U.S. Travel Association, a trade group.
Summer – traditionally the most lucrative time of year for hotels –
was not enough to get many establishments to the break-even point.
Chip Rogers, president and CEO of the American Hotel & Lodging Association,
painted a similarly grim picture:
"The next 6 months are going to be brutal. There's no question about it."
Trump's China tariffs
violated global trade rules,
WTO says
CNN
The World Trade Organization said Tuesday that President Trump's tariffs
on Chinese goods break international trade rules.
The WTO sided with a complaint from China over tariffs imposed on about
$234 billion of goods in 2018. The panel found that the tariffs violated several
rules, including one that countries apply equal tariff rates to
all member trading partners.
The ruling from the WTO will have little practical effect, however --
because the group's appeals board has too few members to operate
after trump blocked needed appointments.
Trump doesn't get that a hot market
doesn't mean a strong economy
Source: https://tinyurl.com/y2cv5lhg
America's booming stock market is a "flawed yardstick"
for measuring Main Street's recovery from the pandemic.
But that doesn't stop President Trump from repeatedly pointing to the
rebound on Wall Street as proof that most Americans are doing well again.
"Stocks are owned by everybody," Trump said during Tuesday's town hall on ABC.
"Look, we're having a tremendous thing in the stock market, and that's good for
everybody, but people that aren't rich own stock and they have 401(k)'s."
In truth, millions of Americans can't feel the stock market boom.
"The performance of the stock market is so disassociated with
the economic experience of the vast majority of Americans --
particularly the middle class. Most Americans don't really have
much of a stake in the stock market."
- NYU professor Edward Wolff
In truth, millions of Americans can't feel the stock market boom.
"The performance of the stock market is so disassociated with
the economic experience of the vast majority of Americans --
particularly the middle class. Most Americans don't really have
much of a stake in the stock market."
- NYU professor Edward Wolff
The rich own 87% of all stocks.
Just over half (52%) of American families have some level of investment in the
market, mostly through 401ks and other retirement accounts, according to the
Pew Research Center.
Only 14% of households are directly invested in the market.
Rich Americans have far more skin in the stock market. That means when stocks
go up (or down), the impact disproportionately goes to the wealthiest families.
As of the first quarter of 2020, the wealthiest 10% of American households
owned 87% of all stocks and mutual funds, according to the Federal Reserve.
That's up from 82% in 2009 when the last bull market began.
The middle class, defined as households in the 20% to 80% range of wealth,
owned just 6.6% of stocks outstanding, according to Wolff's research.
The S&P 500 is not Main Street
In any case, the stock market is not -- nor has it ever been -- the economy.
The S&P 500 is not a proxy for Main Street.
It represents the fortunes of some of the world's biggest companies,
the ones with the most resources to get through a crisis.
And Corporate America can keep earning gobs of money even when small
restaurants and hardware stores on Main Street go out of business.
The struggles of smaller companies can boost the market share of Home Depot
and Olive Garden owner Darden Restaurants, each of which are in the S&P 500.
At times, the stock market can feel completely disconnected from the
fundamentals of the real economy. For example, the S&P 500 is sitting near
record highs today even as unemployment remains elevated in the US
and bankruptcy filings are piling up.
In any case, the stock market is not -- nor has it ever been -- the economy.
Black households own just 1.6% of stocks
Yet stocks are a particularly poor gauge of the financial health of average
Americans, especially racial minorities.
Black households own just 1.6% of stocks and mutual funds, according
to the Fed. Hispanic families owned the same amount. By comparison,
White households control a staggering 92% of stocks and mutual funds.
There is also a deep divide across the education spectrum.
Americans with no college education own just 5.4% of stocks and mutual
funds, according to the Fed. That's down from nearly 17% in 1989.
All of this means that the boom in the stock market is amplifying
the inequality divide that has helped fuel unrest in the US in recent months.
"It widens the gap between the top groups and those in the middle.
It exacerbates wealth inequality," Wolff said.
Established in 1995,
.
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