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>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.
by 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.