US Politics/2016 Election Pick Your Poison Master Thread

[JTZ]

You, on the other hand, give credit to the president for market movement. At the end of the day it is quite clear that the election of Trump contributed in some level to the recent market rise. Why shouldn't he be credited for it?

Goalpost

[JTZ]

What do you mean? He has already gotten plenty of honor by have all sorts of powerful people come to lick his shoes with a bunch more coming today. I am sure he considers having his shoes licked to be getting honor.

If you meant does he think he has honor, yes.

[Super Speed]

For every president it is from the day they take office to the day they leave. I don't believe in moving the goalposts when it is to my benefit like some here.

As long as you're willing to blame Obama for all the economic failures from 1/20/09 and not Bush than I'll allow you to take credit for the market jump even though it's clearly because of a Trump win.

[JTZ]

As long as you're willing to blame Obama for all the economic failures from 1/20/09 and not Bush than I'll allow you to take credit for the market jump even though it's clearly because of a Trump win.

I am not taking credit for anything. Have you seen what the market has done since BO took office? Just in case FIX is giving you the wrong numbers it was under 8k. I guess that is because of Trump. 

[JTZ]

News Flash: If you want to knock BO picking the market will make you look like a complete fool.

[aygart]

Goalpost

That is why this shows that the goalpost theory doesn't work.

[JTZ]

That is why this shows that the goalpost theory doesn't work.

Says you. How do we know the market would have not been up higher if HRC won? What if their was no election? Where would the market be? If you think you can answer any of these questions then you get off this forum and play the market. 

[aygart]

Says you. How do we know the market would have not been up higher if HRC won? What if their was no election? Where would the market be? If you think you can answer any of these questions then you get off this forum and play the market. 

We don't of course. You are making my argument. For the same reason BO can't be credited for it.

[skyguy918]

We don't of course. You are making my argument. For the same reason BO can't be credited for it.

How is he making your argument? You stated that the recent market run-up "almost definitely has SOMETHING to do with Trump winning."

[Super Speed]

How is he making your argument? You stated that the recent market run-up "almost definitely has SOMETHING to do with Trump winning."

Which is true the same way when the market tanked the night of the election when it started looking like Trump was gonna win

[JTZ]

We don't of course. You are making my argument. For the same reason BO can't be credited for it.

All you want to do is argue. You asked and I answered. If I would have said give Trump credit you would have said the opposite.

[skyguy918]

Which is true the same way when the market tanked the night of the election when it started looking like Trump was gonna win

Reread what I wrote.

[JTZ]

Which is true the same way when the market tanked the night of the election when it started looking like Trump was gonna win

So how much did you invest in the market since you knew this was going to happen?

[hachover]

I agree that the goalposts shouldn't be moved. My position on this has been argued with you numerous times and has always been that these goalposts can't exist at all. There is no really good way to place the goalposts since the market will react to the incoming president gradually as it become clear who will win as I have said previously a number of months ago (I think that was the first thing I debated with JTZ). This year was a rare case when the market clearly was priced for one result and then flipped to a different one. Either way this is only a short term gain and will need to be viewed together with the entire presidency at which point it will be diluted by many outside influences.

You, on the other hand, give credit to the president for market movement. At the end of the day it is quite clear that the election of Trump contributed in some level to the recent market rise. Why shouldn't he be credited for it?

The last 5 years have been a runup about nothing. The more recent runup, since the election, is specifically about speculation that the Trump administration will lower corporate taxes, which is something that would increase stock valuations. Not sure there is even a debate about that last bit.

[JTZ]

The last 5 years have been a runup about nothing.

How are those cherries you picked? 

[hachover]

How are those cherries you picked? 

Can you tell me where the economic growth has come from that took the Dow from 12000 to 18000?

[JTZ]

I guess this was trump.
http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years
Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt

[JTZ]

Can you tell me where the economic growth has come from that took the Dow from 12000 to 18000?

My portfolio don't care where it came from.

[hachover]

My portfolio don't care where it came from.

Neither does mine. But my opinion is still that it came from nothing. There has been no economic growth to speak of in the last decade. In case you're worried that I'm criticizing BO, don't be

[skyguy918]

Neither does mine. But my opinion is still that it came from nothing. There has been no economic growth to speak of in the last decade. In case you're worried that I'm criticizing BO, don't be

This is dumb. If you want to say there is a short term movement without an real underlying cause, that's one thing. But to look at a 7+ year trend of significant proportion and dismiss it as 'from nothing' because you can't explain it is ridiculous.