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Politics : Formerly About Advanced Micro Devices

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To: puborectalis who wrote (963313)9/11/2016 10:51:05 PM
From: Crony1 Recommendation

Recommended By
scamp

   of 1575709
 
Right. Markets.
Obama is the great president because the stock market did great. So don't you dare elect anyone who would make any changes and if you elect Hillary - you are guaranteed another 8 years of spectacular returns.

Reminds me of 1999 when the same common wisdom was to invest everything you have into internet stocks and you will be able to buy your own island in several years.

The thing about stock market is the only thing that keeps it up is the 0% federal reserve rate. Only a hint they might raise it by .25% causes it to go down. And if the rates are 3% - the market will be in the toilet. And don't kid yourself that you can print trillions and trillions and keep the interest rates at 0%. So the market will crash regardless of who is the president. Because it is in the unsustainable territory. But of course, the progressive media will blame it on Trump if he is elected or on republican congress if Hillary is president. But it will never be Obama's fault. He is the greatest president. Because the stock market did great while he was president.
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