Zim: I really hate it when a web site I have used for years apparently thinks 'woke-tardism' might be a good thing.
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How the 2024 Election Could Affect Your Portfolio
http://www.morningstar.com/portfolios/2024-election-your-money
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Zim : High up in the article they have a graphic which shows the Capital biulding and two big arrows. A red arrow pointing down and a blue arrow pointing up. They very first thing to come to my mind was that 'they' were insinuating that a vote for Trump would lead to bad things (in the stock markets) and that a vote for that senile dog turd would lead to growing stock prices.
Everything I know tells me that that is 180 degrees out of sync with reality.
Later on the article states :
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That said, the election’s outcome may have policy ramifications for investors and their money over the long term. This may include retirement-related issues, such as Social Security’s solvency and the availability of environmental, social, and governance funds in employer-sponsored retirement plans, the costs of healthcare, the future of Medicare, and taxation.
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>> availability of environmental, social, and governance funds in employer-sponsored retirement plans"
From what I've seen ESG funds do considerably worse than the average markets. Why? Obviously because they are much more focused on 'woke-tard policies' than on what might be best for the investors. Such as 'We must do away with fossil fuels' . . . with absolutely no thought about just how those electric cars are supposed to get charged up.
Further on they state:
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The stock market goes up and down under every president, but the path of least resistance has always been higher.
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Which struck me as both the obama and biden administrations have been heaping new regulations and erecting more roadblocks to economic progress - causing lower growth while when Trump was in the White House he championed the removal of a LOT of regulations which seemed to facilitate economic growth.
Well, I still gotta get data from somewhere . . .
Zim.
Mad Poet Strikes Again.
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