UPDATE: Donald Trump Takes Office as the 47th US President
- Thread starter DC_Dude
- Start date
1. Trump is more popular with young people than old people. Most young people don’t own stocks or homes (aka they are asset-light).
2. Trump is also more popular amongst working and middle class folks. Most of these folks are also asset-light.
It stands to reason that a fall in asset prices (stocks down or home prices down) have very little impact on his core constituents. To that end, I won’t be surprised if Trump has little reaction, then, to an equity or home price market correction.
Separately, the upside of shrinking these asset prices is that it gives the folks mentioned above a legitimate chance to buy into those markets at lower levels, making equity ownership and/or home ownership more possible.
Tangentially, if Trump figures out how to get rents lower, he will unite young people and asset-light working people into a reliable voting block for the foreseeable future. He will have given them the trifecta: cheaper stocks, cheaper homes, lower rent.
Said differently, don’t presume that the stock market going up is a useful barometer anymore. In fact, it going down may be a better signal for his popularity.
Time will tell.
Who do he donate it to? Where is it?
Fools are chasing after me about the tariffs, I had nothing to do with them.
1. Did you abuse your trade relationship with the United States?
2. Did you harm influencers that were promoting domestic manufacturing or candidates?
3. Did you engage in corruption schemes with politicians interfering with our political process to continue this abusive relationship?
4. Did you have influencers give out scholarships or buildings, by influencers you controlled. This is a form of pedophilia that is unacceptable to me.
Their tax cuts has not even gone into effect yet, so prancing around about the tariffs, causing the stock market to crash is misleading.
1. Did you abuse your trade relationship with the United States?
2. Did you harm influencers that were promoting domestic manufacturing or candidates?
3. Did you engage in corruption schemes with politicians interfering with our political process to continue this abusive relationship?
4. Did you have influencers give out scholarships or buildings, by influencers you controlled. This is a form of pedophilia that is unacceptable to me.
Their tax cuts has not even gone into effect yet, so prancing around about the tariffs, causing the stock market to crash is misleading.
This is why they boo, pat mac
