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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (1298007)4/19/2021 8:35:46 PM
From: sylvester80  Respond to of 1578505
 
BREAKING: BIDEN'S STOCK MARKET IS CRUSHING POS TRAITOR tRump's
forbes.com

By one of President Trump’s favorite measures of success President Biden’s post-election stock market gains have beaten Trump’s equivalent five plus month’s returns. In fact Biden’s have crushed Trump’s, which continues a trend that occurred through the end of 2020.

All three major indexes, the Dow 30 Industrials, S&P 500 and the NASDAQ all generated greater percentage increases from their respective election days to mid-April. Biden’s outperformance includes from the day of the November 3 election and the Friday after the election since the race was not called until the weekend. Biden’s returns have also beaten Trump’s starting from January 19, the day before they were inaugurated.

Using the returns from the time the election was called in Biden’s favor to mid-April vs. when Trump was called the winner to mid-April 2017 the Dow, S&P 500 and the NASDAQ have risen by 9.2%, 10.4% and 6.4% more under Biden, respectively.

The Dow had the strongest performance for Biden vs. other Indexes

On the Tuesday in 2016 the election was held between Donald Trump and Hillary Clinton the Dow 30 Industrials closed at 18,333. The Index responded positively to Trump’s victory, called on the same evening, and continued to rise until mid-December when it leveled off until the beginning of February.

From Tuesday, November 8, close: Up 2,121 or 11.6%From January 19 (the day before the Inauguration): Up 721 or 3.7%


Dow 30 Industrial Index

STOCKCHARTS.COM

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On the Tuesday of the election between Trump and Biden the Index closed at 28,323. It also increased the next three days with Biden in the lead but it had not been called. However, the Monday after the election was called the Index gapped upwards and has continually risen.

From Tuesday, November 3, close: Up 6,721 or 24.5% From Friday, November 6, close: Up 5,877 or 20.8%From January 19 (the day before the Inauguration): Up 3,270 or 10.6%


Dow 30 Industrial Index

STOCKCHARTS.COMThe S&P 500 had Biden’s largest outperformance vs. Trump

Trump saw a smaller gain in the S&P 500 vs. the Dow 30. It rose 8.9% from his election day and only 2.9% from his inauguration to mid-April 2017.

From Tuesday, November 8, close: Up 189 or 8.9%From January 19 (the day before the Inauguration): Up 65 or 2.9%


S&P 500 Index

STOCKCHARTS.COMBetween Biden’s election and last Friday the S&P 500 returns were very similar to the Dow’s. Biden’s market returns were again substantially above Trump’s.

From Tuesday, November 3, close: Up 816 or 24.2% From Friday, November 6, close: Up 676 or 19.3%From January 19 (the day before the Inauguration): Up 387 or 10.2%


S&P 500 Index

STOCKCHARTS.COMThe NASDAQ was Trump’s best Index but still fell short of Biden’s

The post-election to mid-April timeframe saw the NASDAQ with the highest performing Index for Trump, coming in at 11.8%.

From Tuesday, November 8, close: Up 612 or 11.8%From January 19 (the day before the Inauguration): Up 265 or 4.8%


Nasdaq Index

STOCKCHARTS.COMHowever, even though the NASDAQ was Biden’s worst performing Index, it still rose 6.4% more than Trump’s.

From Tuesday, November 3, close: Up 2,892 or 25.9% From Friday, November 6, close: Up 2,157 or 18.1%From January 19 (the day before the Inauguration): Up 855 or 6.5%

Note the 6.4% outperformance is due to rounding the 6.36% delta of the two returns.


Nasdaq Index

STOCKCHARTS.COM



To: Bill who wrote (1298007)4/19/2021 9:17:20 PM
From: pocotrader  Read Replies (3) | Respond to of 1578505
 
Five myths about antifa



By

Mark Bray

Mark Bray is a historian of human rights, terrorism and political radicalism in modern Europe at Rutgers University. He is the author of "Antifa: The Anti-Fascist Handbook."

Short for “anti-fascist,” the label “antifa” gained notoriety in 2017 over the course of several high-profile conflicts between left-wing protesters and the far right in Berkeley, Calif.; Portland, Ore.; Charlottesville; and elsewhere. But antifa has been a staple of radical politics across Europe, Latin America and beyond for decades. Even in the United States, this tradition of militant antifascism has a long history under the banner of the Anti-Racist Action network. Despite this history, and a litany of journalistic “explainers” over the past three years, antifa remains largely misunderstood. Here are some of the most popular myths.

Myth No. 1

Antifa is a single organization.
On May 31, President Trump tweeted, “The United States of America will be designating ANTIFA as a Terrorist Organization.” Attorney General William P. Barr echoed his sentiments by arguing that antifa is “a revolutionary group that is interested in some form of socialism.” Right-wing figure Chuck Callesto even claimed that Sen. Rand Paul intended to “SUBPOENA ANTIFA plane records, hotel records, all travel records & all funding.”

But Trump cannot designate “ANTIFA” as a terrorist organization because antifa is not an organization. Rather, it is a politics of revolutionary opposition to the far right. There are antifa groups, such as Rose City Antifa in Portland and NYC Antifa, just as there are feminist groups, such as Code Pink. But neither antifa nor feminism is itself an organization. You cannot subpoena an idea or a movement. That’s not to say that antifa doesn’t exist, of course. Antifa is “very real,” as Rep. Jim Jordan has argued, but not in the monolithic, hierarchical way in which he and many other Americans are accustomed to thinking of political associations.

Myth No. 2

Antifa masterminds violence at Black Lives Matter protests.
Police stations were burned, squad cars were destroyed, and property was damaged across the country after the police killing of George Floyd in Minneapolis in May. Days later, Trump was quick to blame the violence on “ANTIFA and the Radical Left.” The president also promoted a far-right conspiracy theory that a 75-year-old racial justice protester in Buffalo who was shoved to the ground by police, fracturing his skull, “could be an ANTIFA provocateur.” Rudolph W. Giuliani concurred, claiming that “antifa sprang into action and in a flash hijacked the protests into vicious, brutal riots.”

Myth No. 3

Antifa is affiliated with the Democratic Party.
In August, a fake antifa website began to redirect users to Joe Biden’s campaign site. Though it was clearly a ploy to associate the Democratic Party with antifa, right wingers seized upon the apparent conspiracy. Speaking about the Democrats that same day, Trump claimed that “in my book, it’s virtually part of their campaign, antifa.” According to Ann Coulter, the Democrats are “the Antifa Party.” And columnists have argued that “antifa riots may be part of [a] Democrat power grab” or even that “ antifa is the militant wing of the Democratic Party.”

Not only is there no evidence to support such allegations — which are more of an effort to associate liberalism with lawlessness than anything else — but Democratic leaders have routinely condemned antifa and political violence more broadly. For example, in 2017 Nancy Pelosi denounced “the violent actions of people calling themselves antifa” after destructive protests against right-wing commentator Milo Yiannopoulos in Berkeley. When a reporter recently asked Joe Biden, “Do you condemn antifa?,” he responded, “Yes, I do.”

Nor is there any antifa love affair with the Democrats. The vast majority of antifa militants are radical anti-capitalists who oppose the Democratic Party. Some may hold their noses and vote for Biden in November, but many are anarchists who don’t vote at all.

Myth No. 4

Antifa is funded by liberal financiers like George Soros.
Right-wing conspiracy theorists have alleged that egalitarian protest movements, such as Occupy Wall Street or the women’s marches, have been secretly funded for many years by liberal financiers like George Soros. Trump is among those who have accused Soros of funding antifa, while other conservatives, such as Rep. Ken Buck, have dog-whistled this anti-Semitic trope by asking in more general terms “who is funding these violent riots.” Similarly, Rand Paul asked, after being confronted by protesters in D.C.: “Who paid for their hotel rooms? Who flew them in?”

There is no evidence that Soros or any other 1 percenter is bankrolling antifa groups. Receiving financial support from a billionaire would be anathema to their anti-capitalist politics. Like most anarchist, anti-authoritarian or radical groups, antifa organizations don’t have much money at their disposal. What they do have generally comes from members or occasional solidarity fundraisers. Unlike political parties, unions or nongovernmental organizations, they don’t require significant funds. The International Anti-Fascist Defense Fund collects small donations primarily for legal and medical support, but that hardly constitutes the moneyed boogeyman that Republicans have conjured.

Myth No. 5

Antifascists are the 'real fascists.'
Recently Barr described antifa as deploying “fascistic” tactics, and Donald Trump Jr. characterized the movement as having moved “to the book burning phase.” The Internet is awash with articles about how “antifa are the real fascists,” as the Spectator’s Toby Young put it, or the “ brownshirts” of the Democratic Party, in radio host Michael Savage’s words. After Charlottesville, Trump called antifascists the “ alt-left,” a term that did not stick. These portrayals are often supported by references to antifascists’ disruption of the events of their (far-right) political opponents — a strategy famously deployed by fascists.

Indeed, antifascists and fascists have one thing in common: an illiberal disdain for the confines of mainstream politics. In every other way they are worlds apart. As opposed to their far-right adversaries, antifascists are feminist, anti-racist, anti-capitalists who seek to abolish prisons and police. Comparing antifascists to fascists only makes a bit of sense if one divorces the tactics from the underlying views that animate them. Such comparisons stem from the misguided horseshoe theory: that ultimately political extremes meet. But fascists are the real fascists because they pursue a fascist political agenda.