Quote:
Originally Posted by wdmso
your confusing a slow and steady under Obama ,,,with guns a blazing under Trump.... you think its sustainable ? I dont
The rising stock market during Obama was fueled by government stimulus fiat money, not by growth in the economy. The QE stimulus money went into stocks rather than actual market growth because the market was so sluggish that there was more to gain from an inflated stock market than from an anemic business market.
Stock growth under Trump may actually be fueled by economic growth combined with an already bloated stock value.
Also when Obama was in office most conservatives said the stock market didn't count... now its all Trump has
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I didn't care for the artificial growth of stock value under Obama, nor am I comfortable with its continuing and meteoric growth now even though some (maybe most) is due to an actual expanding economy. I suspect too much "value" is in inflated worth. We'll see how it eventually shakes out.