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The Stock market rose after Nov 5 but seems to have been going down since (Original Post) question everything Nov 19 OP
Well that's not going to "Make America Great Again"! Omnipresent Nov 19 #1
Well, tariffs will hurt the economy and Trump's plans for Freddie Mac and Ginny Mae will raise mortgage interest rates, surfered Nov 19 #2
The stock market probably rose because Trump won. Lonestarblue Nov 19 #3
Yup, you're right: S&P 500 closing prices: 11/5: 5783, 11/11: 6001, 11/18: 5893 nmmi Nov 19 #4
We are shifting to stagflation. Just wait. bucolic_frolic Nov 19 #5

surfered

(3,500 posts)
2. Well, tariffs will hurt the economy and Trump's plans for Freddie Mac and Ginny Mae will raise mortgage interest rates,
Tue Nov 19, 2024, 01:21 PM
Nov 19

...and the economy historically does worse under GOP administrations.

Lonestarblue

(11,928 posts)
3. The stock market probably rose because Trump won.
Tue Nov 19, 2024, 01:22 PM
Nov 19

Then people started looking seriously at what he said he would do and realized that he meant every nasty promise. His cabinet picks made it clear that he would put incompetent people in important roles that will speed up the destruction of the federal government. Investors started seeing the gravy train they envisioned with Trump ditching regulations and cutting taxed for big corporations being replaced with a failing economy with tariffs on every import and deported workers with no one to replace them driving food and other scarcity with much higher inflation.

That robber baron free market they all wanted looks a bit precarious now.

nmmi

(137 posts)
4. Yup, you're right: S&P 500 closing prices: 11/5: 5783, 11/11: 6001, 11/18: 5893
Tue Nov 19, 2024, 01:22 PM
Nov 19
https://finance.yahoo.com/quote/%5EGSPC/
11/11 is the post 11/5 peak, so down 1.8% since then.
Update: 11/19 close: 5917, so down 1.4% since the peak.

I got this from the above link and clicking "1M" for one month, just above the graph, then one can hover one's mouse above various points on the graph and see the close, open, high, low, and volume for a particular day.

The S&P 500 is far more representative of the U.S. equity market than the Dow, but one can see the Dow at

https://finance.yahoo.com/quote/%5EDJI/
11/5: 42,222 11/11: 44,293, 11/18: 43,390 (down 2.0% from the 11/11 peak)

Yes I miss the daily report and quote too.

bucolic_frolic

(47,309 posts)
5. We are shifting to stagflation. Just wait.
Tue Nov 19, 2024, 06:56 PM
Nov 19

Only thing going up is AI and crypto.

PE's are high, stocks are overpriced.

Trump in office injects uncertainty into everything.

Bond market yields are going up, an indication of inflation fears under Trump, even as the Fed cut interest rates. Two very conflicting signals. Together they mean stagflation ahead.

Joe fed happiness, tweaked infrastructure and used an unstated industrial policy to tease max recovery from the pandemic with growth. Withdraw those stimuli and we're going to see contraction. Trump and his advisers absolutely don't understand this. Harris would have been blamed for this.

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