It really shocks me when people say that the markets like Republicans when the last three Republican presidents all had stock market crashes in their presidencies.

[andy@zoner.work]

It really shocks me when people say that the markets like Republicans when the last three Republican presidents all had stock market crashes in their presidencies. Both Bushes had big recessions and of course Trump had the 2020 crash. Markets under Republicans are a pump and dump.

I just heard an idiot say that the markets are happy about the election like it's a good thing. The billionaires are happy. The markets might be okay for a while. Tariffs would kill the markets. The markets are at a record high now, during a Democratic administration. Maybe they'll get higher in the next year but, as always, they're going to take a big fucking dive like they always do because Republicans juice the economy in unsustainable ways every single damn time and it comes crashing down.

Maybe the tariffs this time will teach them. I'm sure it won't though.

[raccoon@techhub.social]

@Andy
Market turbulence is common around any election, and this same kind of upswing happened in 2020, when Biden was elected. This is merely speculators reacting to an end of uncertainty and their own wild ideas about economics, and isn't even an indicator of what the next year will look like.

When Obama won in 2008 and 2012, the market went down, but he had the strongest economy this century, rivaled only by Biden.