The Economy

the S&P 500 had its best start to an election year since 1932, with a 20% year-to-date return for the benchmark index through the end of October.

https://finance.yahoo.com/news/mark...meeting-what-to-know-this-week-123844981.html

In the lead-up to Election Day, the performance of the S&P 500 — the benchmark index synonymous with the stock market — has accurately predicted the winner of the U.S. presidential election 83% of the time, according to research conducted by LPL Financial Holdings, the largest financial advisory firm in the U.S.

Since 1928, the incumbent party remained in control of the White House in 12 out of the 15 elections when the S&P 500 was positive during the three months leading up to an election. On the flip side, the incumbent party lost the election eight out of the last nine times when market returns fell in the three months before an election.

This Stock Market Stat Has Predicted 83% of Presidential Elections in the Past Century
 
Trump vows 25 percent tariff on Mexico unless it cracks down on border crossings

Former President Trump on Monday threatened to impose a tariff of 25 percent on all imports from Mexico, which is the top trade partner with the U.S., unless the Mexican government curbs what he called an “onslaught” of immigrants coming across the border.

Trump is a simpleton with a one-track mind. Tariffs, tariffs, tariffs.

And he’s too simple to understand that when you impose a tariff, the other nation retaliates. The US is the second largest exporter in the world, so we have a huge amount to lose in a trade war.
 
*chuckle*

we punish them for using slave labor to undercut our industry and immediately the Left panics over "retaliation."

shit B.funny
 
*chuckle*

we punish them for using slave labor to undercut our industry and immediately the Left panics over "retaliation."

shit B.funny
Redneck translation: The Blue Collar/Blue City-State worker is under assault from Red, Communist (think Republican Red if that helps) China and you run with Walz to their defense.

I'll bet the Harris voters are just dying to get the new Chinese-Mexican EVs.

First one on the block.

Patriots one and all!
 
Redneck translation: The Blue Collar/Blue City-State worker is under assault from Red, Communist (think Republican Red if that helps) China and you run with Walz to their defense.

I'll bet the Harris voters are just dying to get the new Chinese-Mexican EVs.

First one on the block.

Patriots one and all!

You forgot to switch to your Wat alt before replying to yourself.

Also, it’s amusing that you don’t understand the negative impact of a trade war. You might want to read up on the Smoot-Hawley Tariff Act. 👍
 
Sadly for gaslighters like the quoted poaster….

The 17% wrong were a lot like the circumstances surrounding this election.

Sharing factual data isn’t gaslighting.

What proof do you have that this election is like the “17% wrong”? Anything? No? I’m not surprised. 😄

By the way, what’s a poaster?
 
You must be a big hit down at the Lodge.
Lol

Edited to add: ( try reading the article you poasted back there, you’ll see. Then again, you prob wont. Lol)

Dear stupid person:

It’s amusing that you don’t understand the negative impact of a trade war. Read up on the Smoot-Hawley Tariff Act and its impact.

And leave the economics thread to the grown ups. 👍
 
Trump vows 25 percent tariff on Mexico unless it cracks down on border crossings



Trump is a simpleton with a one-track mind. Tariffs, tariffs, tariffs.

And he’s too simple to understand that when you impose a tariff, the other nation retaliates. The US is the second largest exporter in the world, so we have a huge amount to lose in a trade war.
And…
Drill drill drill which is Palin’s line
Wall wall wall….

But ? Now he threatens our (his) trade parter Mexico with tarriffs and that will solve the border problem ! Why did he build his shitty wall ??
 
DOW up 1200 points on the news that Trump has win the election. The greatest political comeback in history.
 
*groan*

It was going to shoot up no matter what.

The street wall hates uncertainty and today was going to be certain; no one was seriously betting tie.

It sure was fun to talk about it though. I kept my powder dry and said: LANDSLIDE!

 
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