SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A Real American President: Donald Trump
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Honey_Bee who wrote (125596)3/12/2019 12:16:26 PM
From: RetiredNow1 Recommendation

Recommended By
Honey_Bee

  Read Replies (2) of 454246
 
The Fed elected Obama in his second term. Do you remember how Obama's approval ratings were sinking quite dramatically in September and October, right before the election? Well, I do. I voted for Romney and I thought he'd win for sure, given the trajectory and antipathy towards Obama by his base in the 2nd term. Obama was losing a lot of centrist voters to Romney. Then in came the Fed and announced QE3 in September 2012, and it was the biggest one yet. They literally flooded liquidity into the markets and bought boatloads of bonds, which stabilized the markets and set the stock markets moving pretty good from then on out. The Fed loved Obama and ensured his re-election. Powell seems to be a bit more hawkish, but I was surprised by his recent capitulation to the stock market. I wonder what he'll do in 2020? We're going to be in recession either this year or next. Let's see if he is as supportive of the President as Bernanke was of Obama.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News