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this post was submitted on 04 Jul 2024
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politics
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Yeah he's not dropping out. Rbg all over again lol. Wonder what it will take for libs to stop supporting the democratic party.
Random story but a friend of mine (who's south Asian so not your standard kkk trump supporter) is hoping trump wins because Trump will put money into the stock market and he will benefit. My friend makes 70k a year... This is how completely out of touch people are.
The stock market literally reached an all-time high under Biden, and most Americans are still struggling. Because 90% of stocks are owned by the top 10%...
Technicaly ATH under Biden but relative growth Trump still had a sizeable lead, counting both from election day up to COVID and since COVID to election day.
The only thing BIden offers to the market is a relative predictability about future wars specially against China. Otherwise the "market" prefers Trump in almost every scenario.
Why do they mark the Covid dip for trump but not mark the Ukraine Russia war dip for Biden? You know, one of the largest countries on earth being completely sanctioned from the dollar-economy probably had at least some effect on stock futures...