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Originally Posted by Hondaracer
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2 out of 3 of your articles state that who is president has very little to do with the stock markets performance. And that the difference between them was marginal at best, with Biden eating the post Covid worldwide downturn factored in. They also don’t get into unemployment etc, which has been far worse under Trump, which again isn’t necessarily his fault shit tonnes of people lost their jobs during the pandemic.
I would say that fact has changed immensely as we now have a president who is literally manipulating the stock market, so can’t say there’s as little effect anymore but these are indeed strange days getting even stranger.
I don’t really consider deregulation, which is Trump’s big boon, to be a good long-term strategy for the overall economy. It only benefits the top income groups and everyone else is fighting over scraps. Wealth equality/distribution is taking an absolute shit kicking in the USA right now the likes we haven’t seen since the Rockefeller era of the 1920’s.