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Re: How the 2024 Election Could Affect Your Portfolio 

By: monkeytrots in 6TH POPE | Recommend this post (2)
Sun, 21 Jul 24 8:24 PM | 21 view(s)
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Msg. 55537 of 58497
(This msg. is a reply to 55533 by Zimbler0)

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>> Trump was in the White House he championed the removal of a LOT of regulations which seemed to facilitate economic growth.

That seems to be a MAJOR POINT that the RNC Convention didn't really highlite properly.

Under Trump, IT WAS NOT GOVERNMENT 'helping' various industries that led to growth ...

IT WAS GETTING GUVMINT THE HELL OUT OF THE WAY of THE CITIZENS DOING "MAGA".

FEWER FEDERAL REGULATIONS when he left office than when he came in.

And that is THE reason why the deep state hates him so much - he slowed down and reversed a bit the assinine 'rule by the elites'.




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Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...


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The above is a reply to the following message:
How the 2024 Election Could Affect Your Portfolio
By: Zimbler0
in 6TH POPE
Sun, 21 Jul 24 8:15 PM
Msg. 55533 of 58497

Zim: I really hate it when a web site I have used for years apparently thinks 'woke-tardism' might be a good thing.

>>>
How the 2024 Election Could Affect Your Portfolio

http://www.morningstar.com/portfolios/2024-election-your-money
>>>

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 :
>>>
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.
>>>

>> 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:
>>>
The stock market goes up and down under every president, but the path of least resistance has always been higher.
>>>

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.



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