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It takes a long time for economies to correct to a President's actions- on the order of years. It's better to judge a President's effect on the economy at the e

It takes a long time for economies to correct to a President's actions- on the order of years. It's better to judge a President's effect on the economy at the end of their tenure than at the beginning. It's also been shown that the President has less affect on the economy than people's perception would have them to believe.

debt 10y ago
If that last part is true then we're in for a correction.
dominotw 10y ago
> It takes a long time for economies to correct to a President's actions- on the order of years. Those predictions were for short term effects.
SonicSoul 10y ago
Exactly this! so sick of people using this as some kind of proof achievement. All it means is that financial companies (i.e. banks) are expecting deregulation and are bullish on ability to make money in the volatile environment to come. It has no connection to any macro economics that will be impacted by his decisions being made today.
jonwachob91 10y ago
>It's also been shown that the President has less affect on the economy than people's perception would have them to believe. You're thinking pre-Trumponomics. The president causes billions of dollars to disappear into thin air with 140 characters. He has a real and measurable impact on the economy, for good or bad. >It takes a long time for economies to correct to a President's actions- on the order of years. It's better to judge a President's effect on the economy at the end of their tenure than at the beginning. I'm not certain you completed your statement... The OP was about "experts" being unable to time the market. If it takes years for the market to correct, even if the underlying assumption about a market crash is correct, you have to time it properly. Otherwise you'll take years of loses to make the same off the crash as someone who placed their bets moments before the crash.
deleted 10y ago
[deleted]

debt 10y ago

If that last part is true then we're in for a correction.

dominotw 10y ago

> It takes a long time for economies to correct to a President's actions- on the order of years. Those predictions were for short term effects.

SonicSoul 10y ago

Exactly this! so sick of people using this as some kind of proof achievement. All it means is that financial companies (i.e. banks) are expecting deregulation and are bullish on ability to make money in the volatile environment to come. It has no connection to any macro economics that will be impacted by his decisions being made today.

jonwachob91 10y ago

>It's also been shown that the President has less affect on the economy than people's perception would have them to believe. You're thinking pre-Trumponomics. The president causes billions of dollars to disappear into thin air with 140 characters. He has a real and measurable impact on the economy, for good or bad. >It takes a long time for economies to correct to a President's actions- on the order of years. It's better to judge a President's effect on the economy at the end of their tenure than at the beginning. I'm not certain you completed your statement... The OP was about "experts" being unable to time the market. If it takes years for the market to correct, even if the underlying assumption about a market crash is correct, you have to time it properly. Otherwise you'll take years of loses to make the same off the crash as someone who placed their bets moments before the crash.

deleted 10y ago

[deleted]