Will Trump Pump the Stock Market?
Vložit
- čas přidán 24. 08. 2024
- Go to ground.news/PB to stay ahead of the curve on all things finance. Subscribe through my link to save 40% off unlimited access this month.
U.S. stocks are expected to get a short-term boost in the aftermath of the attempted assassination of former President Donald Trump over the weekend, as analysts say the likelihood of his victory in November has increased. Trump's lead has extended itself since Biden's poor debate performance two weeks ago which left his biggest supporters concerned about the president's ability to handle the rigors of another four years in office.
Will the stock market do better under Trump or Biden?
Patrick's Books:
Statistics For The Trading Floor: amzn.to/3eerLA0
Derivatives For The Trading Floor: amzn.to/3cjsyPF
Corporate Finance: amzn.to/3fn3rvC
Ways To Support The Channel
Patreon: / patrickboyleonfinance
Buy Me a Coffee: www.buymeacoff...
Business Inquiries ➡️ sponsors@onfinance.org
Additional Resources
Victor Niederhoffer - Presidential Elections & The Stock Market: www.jstor.org/...
Trevor Jennewine: www.fool.com/i...
Political Cycles & Industry Returns - Stangl & Jacobsen:
papers.ssrn.co...
Hidden Forces - Henry Olsen Interview: hiddenforces.i...
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: / patrickeboyle
Patrick Boyle On Finance Podcast:
Spotify: open.spotify.c...
Apple: podcasts.apple...
Google Podcasts: tinyurl.com/62...
Join this channel to support making this content:
/ @pboyle
Go to ground.news/PB to stay ahead of the curve on all things finance. Subscribe through my link to save 40% off unlimited access this month.
GOTT IST MIT UNS TRUMP THRIVES
That is NOT Dick Cheney, but Jason Alexander - actor from Seinfeld
@@coolboy-f2c 😂
US PRESIDENT CANNOT BE PROSECUTED FOR OFFICIAL ACTIONS.
US PRESIDENT COOKS OFFICIAL TO UNOFFICIAL BOOKS.
And the US President is a Felon.
#2025
The bigger question is what type of person is so narcist that he names his youtube channel with his own name?
"It's not obvious to me that Biden would of even flinched in such a situation" bro i am crying
He would. After a week.
Would have*
@@ForumArcade * actionable threat *
Yeah😮@@Ganerrr
@@ForumArcade Thank you!
I am disappointed that Jimmy Carter is not running for a second term.
Spoken in jest.
he’s too young
His austere monetary policy sure hasnt gone out of style
@@Mighty_Atheismo: When Trump deficits weren't far worse, be sure and get back to us.
The GOP hating taxation but loving spending is a DISASTER for budget deficits. Not that I'd expect your ilk to even grasp that.
@@rogergeyer9851 austerity is a specific term referring to the defunding of social services in developed western nations in the last quarter of the 20th to the present. Trump like his predecessors was absolutely part of that even if he ran up deficitts.
Hopefully that clears up the term austerity for everyone
David Eisenhower being younger than both Trump and Biden is the most mind blowing fact to me.
David?
Eisenhowers middle name
@@paulvalentine4157 Dwight David Eisenhower, known as david. son of the president.
Bill Clinton is younger than both of them as well
Never heard of him, evidently Camp David is named after him, which seems mean, maybe he was having a bad day.
That slight pause before "almost 70%" LOL
nice
100%
😂 Bush as a 'self-made' man, that's a good one 😂
the senior yes, he did it all school.
How does such a dumb comment get so many likes. He was talking about George Bush Sr.
@@roc7880 the father of bush sr was a senator
@roc7880 look up Prescott Bush. Not only was he a senator - he was a wealthy businessman and investment banker. During WW2, he was (ahem) German steel magnate Fritz Thyssen’s banker, and had tight business ties.
Prescott was George Sr’s daddy.
@@TwoShoedDude wow didnt know that. that def helps lol.
"Presidential debate" The ultimate hero worship competition.
A felon can't vote but they can run for office. That seems weird to me because it is objectively weird.
Falsely accusing and imprisoning a political opponent is not a surefire way of preventing them assuming elected office. It's one of the checks on the power of government.
The cattle prod pic had me gagging. Well played, Patrick.
Just watched with wife. She is on Amazon looking😔
@@George-jy4nxif wife bad, why marriage?
@@George-jy4nx hot
@@Abby_Liu Joke's on her, he's into that sh!t.
29:45 There was a Heritage Foundation event in April of 2022, where Trump spoke on video, and the former president stated the policies of Heritage were aligned with the wider movement. I believe he was directly linking Heritage Foundation's goals with that of his campaign and prospective administration. Based on the language choice I agree, he has no idea what the foundation's goals are, but he has made a public commitment to them in the past.
Yep this video needed way more on the Christian Coalition. Esp with the references to Reagan.
dude he wanted money. "public commitments" are lip service in politics
Yes. I believe that, while Trump may want to disavow many aspects of Project 2025, the possibility of consolidating more power in his person and having the foundations of government (the administrative state) directly loyal to him, would blind him to implementation of the project by those around him who would seek (and I believe succeed) in controlling him through flattery. While Biden certainly has mental issues, I don't believe that Trump is the picture of mental health either. His own narcissism could prove to be the Achilles heel that allows him to be manipulated by his "aids".
Trump doesn't know the Heritage Foundation, Jean Carroll, or Stormy Daniels.
We should believe the cult leader even when photos and witnesses say otherwise.
Trump's first presidency also tested the waters on some of the more insane things the heritage foundation is recommending, like schedule f. Patrick needed to do more research on this.
I'd give a shit about what investors think, if the stockmarket correlated positively with my qualiity of live,,, which it doesn't. Cheers!
It does if you actually invest in it lol
warning: This video contains unannounced exposure to Elon Musk 7:32
More like 8:13 😂😂😂
Yeah! What a douche-bag that guy hey? He bought Twitter and took it away from Democrats! What a scumbag!
Otherwise known as "Click repellent".
Thanks Patrick! Your dry wit and analytical thoughts are a great balm for hot heads in this era
According to CNN, there are a lot of loud noises in the Russia / Ukraine frontiers.
Hmm. Weird. Animals probably
There are reports that a Ukrainian soldier has fallen down.
Other reports indicate that Russian soldiers may have been injured.
Also, there is widespread acceptance that the whole Russian Ukraine frontiers is an AI generated deepfake.
I think Putin fell down as well :(
millions of ukrainians trip after hearing loud noises
😂probably firecracker, u know, they ban it for a reason. It causes people to fall on the ground, which is not very safe
On RFK jr. - "who despite having junior after his name, is still 70 years old" 😂😂😂
Yes he said that in the video
AND that 'brain worm'....
So, what I hear as the most important take-away is that, regardless of who is elected, the limitations which will impact their presidency will hamper their effectiveness to do either any lasting benefit or damage to the economy. The market will ultimately take care of itself and it's best to stand by a simple long-term strategy (e.g. maintaining one's contributions to a 401k).
One of my concerns, however, which Patrick did not address, is a possible politicization of the Fed by a Republican administration. I don't believe that the dollar is going away as the reserve currency anytime soon, but blatant manipulation of our currency would definitely contribute to its slide. Add to this, political grandstanding on the debt ceiling and things start looking even worse for the dollar.
Another point that Patrick did touch on is Trump's statement about tariffs. I heard that he wants to abolish federal income tax by raising tariffs on all goods coming into the country. I read somewhere that, to accomplish the lowering of taxes that Trump envisions, we would need to impose an 85% tariff on all goods resulting in massive inflation.
I'm not really sure of what Trump's vision is, but the vision for the country of Project 2025 is disturbing. Trump has disavowed it. I'm not sure that I trust that.
He is connected to it absolutely 😂
Well, with presidential immunity and the fact that Trump has no platform this year, I am not as skeptical about Project 2025. Unitary Executive Theory, that SCOTUS will not prevent, will give him unforeseen powers and to install his own loyalists into key administrative state positions. In theory, I don't see it as impossible that Alex Jones ends up running the FDA or Sarah Huckabee's Christian scientists running the USDA and poultry inspections. Minimally, it's going to be a bank heist, since I have a lot of reasons to believe that the GOP is a smokescreen for white collar criminality and not for "Christian nationalism." At worst though, we could end up with a banana republic government like Augusto Pinochet's, and there is a long history of the GOP intellectual underbelly having ties to him and to the Austrian School of Economics. One could accuse me of being overworried, but I'd counter that I wouldn't want any POTUS with Unitary Executive powers, much less one whose entire life has been about passing the buck of his externalities onto everyone else, then writing a white collar crime self-confessional like "Art of the Deal." Far from being a standard contest like in 2016, the stakes are institutionally important this time. Trump and his friends could pull a heist on the American people for which they might have immunity, and Biden might be packing SCOTUS as a way to overturn Unitary Executive Theory (and Dobbs).
Do you know how to tell when Ronald Donald Trump is lying? His lips are moving Donald Trump is a lying cheating thieving conniving con artist scammer grifter Carnival Barker snake oil salesman bamboozler charlatan a phony and a fraud and also a convicted felon a serial rapist and a draft Dodger yes that's correct he had five deferments that kept him from being drafted in the military. All these character flaws are all
CONALD DUMP'S GOOD TRAITS.
I think Patrick Boyle and plain bagel should have a rap battle. (It might be greater than Kendrick lamar vs drake)
Rap Boxing??? Where they switch between free style rap battles and boxing matches!
@Mag_ladroth Well boxing is the final part of the plan you need a good punch lines for the punchs
why would they diss each other? lol
Bagels get Boyle'd! 😆
PB v PB 2024 !
I thought the Big Boy press conf was by far the funniest thing I have seen in a long time.
If I lived anywhere else in the world, I would agree.
possibly the sanest clickbait thumbnail I ever clicked on, thanks for skipping the garbage and keeping it sane and real, always a pleasure
It's not clickbait, if you get the Information you seek. That's a FAIR TRADE.
@@Gunni1972 it's not clickbait if you get the information advertised and the video is obviously not about the assassination attempt, which is highly appreciated...
you can leave now
to contemplate the possible applications of sarcasm in well meant compliments for fun and entertainment while pointing out the obvious.
This intro is so intense it gives me shivers
was just going to say, kinda creepy!
Is this an ai comment lol? There is no intro
@@frali7861 There is on his premiere but honestly whenever I see Patrick again I break out into intense bouts of shivering and goosebumps.
Patrick, Eminem dropped a new album and .... Nothing. Play to your base Patrick....
He's been switching to pop recently and I don't appreciate it
20:33 - Great "Dick Cheney" photo ! Classic Patrick Boyle humor. Don't know if Jason Alexander approves.
Shocked me. Other than being bald I’m not sure of the connection… but amusing.
Still trying to read the sub-text on that one.
Damn, Patrick makes me think.
Stocks have prefered a gridlock where no party controls the presidency and both houses of Congress.
No, the market prefers certainty. Uncertainty drives selling.
@@edwardloomis887 That is the point. Gridlock is certainty. Nothing gets done so the future looks like the present. There is obviously data about this. The highest returns since 1928 are under Democratic president with a split congress then Democratic president with a full Republican congress. Democrat/Democrat is toward the middle, and Repub/Repub is by far the worst.
If neither party can push policy, then you get certainty that nothing will happen, yes?
You missed the part where it does better under a democratic president.
Stocks are not a collective that all think similarly.
Investors are as clueless as to what Trump will do after elected as Trump is. Shouldn't matter to investors. Excellent video/channel, Mr Boyle. I hope lots of people see and understand it.
This year's gonna be very memorable
You are at a time of living History
The two candidates may struggle to recall much :/
I'm certainly not the first to say it but: I'm tired of living through major historical events.
Also very memeable!
Haven't been this exciting since Grover Cleveland was president... ....
Just noticed the little stonks meme man on Patrick’s shelf. Great touch
I think I’m gonna stay in Japan till after this election 😂
Looking from outside the US, are these really the two best candidates that could be found out of 300 million+ people? Wow.
It's a failing country.
Truly "World Leaders" (Neither of those two could steer a bloody US-made Tractor).
The fact the candidates in the USA have come down to those two is really mind-boggling …
At least Trump picked a young vice-pres Vance, we'll see who will Kamala pick.
@@BillAntBiden ?! 😅😅😅
@@michaelmaniatakos3970 - Maybe Biden's crack head son.. lmao
@@michaelmaniatakos3970 - Maybe Biden's cr*ck head son.. lmao
@@michaelmaniatakos3970 - Maybe Biden's cr*ck head son.. lmao
30:24 the past three Republican presidents have raised the deficit so them saying that they don't want to raise the deficit means nothing
Wanting to do something and being able to are different things. I don't want to spend money on rent but when the 1st comes around, I will.
this time the Americans can choose between Statler and Waldorf from the Muppet show...
Hilarious, isn’t it? The ‘greatest’ country in the world can’t find anyone under 50 for head of state. Just makes the country look ridiculous.
Except Statler is a Fascist and Waldorf is Brandon
@@sunnohh the more I look at the circus American politics has become, the more I suspect George Carlin was right all along, it doesn't matter which Jerry Hattrick sits at the rudder, it's all the same, 50 flavours of paprika chips alone, but the president you pick from a lineup of two
@@jasperhorace7147 you seem to have exactly one party more than China?
@@marcdc6809 Me? I’m not American. I was commenting on the fact that here two old coots are the best America has?
"...Who despite having Junior in his name is still 74 years old..." Master level deadpan.
After the last ten years or so, I could not vote for any GOP candidate ever, with a clear conscience.
Dude, I haven't laughed that hard in a while. In that first half. Absolutely great 👍
When are you going to include your tailor and/or suit brand? Youve always got the best drip p-biddy 😅
Thanks for the brief history about the left and right terms, never knew their origins!
Really?
Here in Europe it is common knowledge I guess. Hell we ended in nation states thanks to French Revolution- we blame it for everything - even when our teachers don’t (and this is the case most of the times).
I emailed a WSJ journalist for a definition of left and right as he used the terms so freely in describing the UK and French elections. These terms are not what they used to be. He never replied.
Different countries have different political leanings, thus left in country A might be more right in country B. The US tends to be quite right, so many countries tend to be left in comparison
@@cocguvnor1373 I understand but please define left and right in a country- your choice. US, Germany, South Africa, France
The best description is "the political compass", which is not just a one-dimensional left and right line, there's a 2nd dimension, that includes an authoritarian vs libertarian measure. Trump appears to be far right and authoritarian leaning. Biden is more of a centrist, not leaning either way very far in either dimension. In my view, the leaders who lean very far, left or right, authoritarian or libertarian, are always a big concern.
@@geekinasuit8333 Trump is moving more left as we speak. Far right is not valid description for him.
@@tottiemitchell6737 All of his followers are on the far right, and are mostly intolerant religious folks. If he's drifting to the left, I don't see it. I don’t think Trump stands for anything except for himself, which means he stands for greed, power over others, and as much attention as possible, deserved or not.
@01:10 4 years? That man is not gonna last 6 months. He's in a serious cognitive decline, and I doubt it will slow down with his age & amount of pressure he's under.
The fact that the DNC didn't prop up another candidate in advance is just incredible incompetence & I think it's the reason Trump will get a second term
Both these people are too old to work? Why does America keep electing pensioners?
Old people are the only ones who can afford to run for office
There are no good choices (at least that the party establishments would allow to win in the primaries), so name recognition wins. And the longer you spend in powerful positions, the more recognizable you are.
@@SelectHawkreasonable explanation but a terrible excuse. The parties need to do better
Because the USA has no credible welfare state and octogenarians have to keep on working
Why would they? The political parties exist to gain power and use that power for their own benefits. Neither the democrats or Republicans really care about the American people.
I know Patrick it could be difficult as you are going for number 1 rap youtuber but maybe you could challenge one of them to a golf match?
Even Joe Biden's name "Joseph Robinette Biden Jr." has Jr. in it but he's 81 years old
Mr. Boyle should be a president
It really is a tragedy that talented people aren't incentivized to be our leaders. Politics is 90% grift and lukewarm compromise and 10% policy
Why don’t you report on the big Trump short Patrick??? Just before the assassination attempt??
It is deceptively misguided (in fact stupid) to place the high stakes of measuring candidate suitability/unsuitability for Presidential office on debate(s). First of all, politicians never follow the basic accepted rules of debate. With rules of debate ignored as they are, debates only measure the verbal agility of of the debaters; a skillful flimflam man, who incessantly lies through his teeth, and gaslights the hell out of his opponents has a distinct advantage over most would be opponents. Far more important candidate attributes such as personality (disorders), character, candor, fealty to entrusted responsibilities (the well being, Constitution/Rule-of-law and American Democracy-based operation of the Nation) are not addressed. A candidate's ability to successfully integrate executive, legislative and judicial function, working with transparent procedures that many times require candor and compromise are far more important measures for the Chief Executive but don't get probed during the debate and don't even get mentioned in the post debate analysis. The nimble liar/con-man has the advantage in the daft and deceptive ways that the press measures "the winner".
The frozen look on his face was him listening to the person on the earpiece. It’s similar to how Tucker Carlson and others look when concentrating on what someone is telling them.
Tucker Carlson always looks like he is hearing the stupidest thing every spoken, no matter who he is listening to. 😂
I think Biden was astounded at the firehose of falsehoods that was spewing from Trump's mouth.
In this situation why doesn't matter, how it looks matters
Or it could be he is senile. Either way, allow both sides to speak their peace, and let the people vote.
@@dabomboo7o Nah, Biden was astonished by Trump's firehose of falsehoods, as most people would be if they were observing Trump in person.
JD Vance is VP as of yesterday, 100% confirmed.
Thanks
Your photo of Dick Cheney made me smile...😊
“…almost 70 percent” 😂
If the stock market is a fan, it's usually not a great sign for how it impacts the public.
For years I've passionately followed US politics but no more. The American willingness to disregard the moral character of their leaders is sickening.
Our reality is a symptom of disregard from both parties. The reason Trump is popular is because he's the antithesis to the classic American political class. People are desperate for any kind of change at this point and they'd rather place a bet on a lunatic even though he's taking advantage of their desperation to advance his personal agendas.
It doesn't help that the other party is hellbent on making sure a particular line continues in power disregarding the will of its own base. Biden was never a popular choice and he still isn't but that's what the party leadership decided we should have (and the courts ruled in 2017 they can do this because parties are private entities and may conduct their internal elective processes however they see fit).
At this point, people have very little to do with any of this. What is actually sickening is how little the country's population has control over its own destiny.
I love how objective this is. Most people turn off their brains when politics and emotions are evolved, even in professions that require them to do that daily. I also often see non-Americans be fervent about US politics. It’s nice to see you didn’t leave this gap open.
Ok. The picture of musk had me laughing...
At that age no company would hire them, but they are very fit to run the country 🤦♀️🤷♀️
That's rather ageist of you.
@@chrish4115 I'm just saying how it is. Even 50+ people have trouble finding a job although they have plenty of experience
No sane company that wanted to stay in business would hire a felon with multiple criminal convictions.
Thanks Patrick
Theresa May also said she was not stepping down and then got defeated by some lettuce.
A well-balanced analysis, cheers.
For trump, as a candidate, trying a cheap trick like baiting the other guy into a shit talking contest about golf is a bad look, its a a cheap shot at best.
Now for biden on the other hand, whos supposed to be showing us all that he has the mental toughness to withstand pressure and manipulation from other world leaders at the negotiating table, falling for itand allowing himself to be pulled into a shit talking contest about golf at such a critical exam is a complete fucking disaster. When trump said "cmon joe this is childish" i literally winced for the pain i knew his team was feeling and im not even a democrat.
i winced every single time it was biden's turn to speak 💀 for the painful delivery AND the painful, often confused content
Thanks Patrick, your analysis is always enlightening.
5:35 And 40 security specialists said Hunter's laptop was Russian disinformation.
Well Democrats solved the issue of not having time to convince the public of who should be the nominee by just picking one and telling the public to F off.
My biggest concern about a Trump's 2nd term is Ukraine. And how that can backfire.
Why is that your biggest concern? Foreign policy doesn't change between administrations, that much is evident
@@DollyRanch Stopping support to Ukraine could change geopolitical situation drastically. This can affect the markets.
@@SirMo oh no Raytheon no longer makes money. What a tragedy.
@@rudysmith1552 Raytheon? I'm more concerned about the US Tech crashing because of the Taiwan invasion.
Ukraine and Taiwan are on different sides of the world and are separate issues. @@SirMo
Adding on evidence: while most company heads prefer historic Republican presidencies, the big Boys (SP500) prefer stability. In this election, due to Trump's non-traditional approaches, even Biden's poor performance still represents relative stability.
This channel is basically standup comedy
Sit-down comedy
I have never seen this man stand.
“RFK jr who despite having jr in his name is still 70” 🤣🤭🤣🤪🤣🤣⚰️⚰️⚰️
20:45 I think it's disingenuous to say Halliburton's stock "fell 8%" during the Bush presidency when it had the global financial crisis at the tail end. At the peak of 2008 it was up 150% since Jan 2001.
Great point.
The Halliburton example was illustrative, but the papers he cited prior are stronger evidence. Even if you disagree on the example, would you still then bet on a president positively impacting the market? If so, why?
@@seanf5134 Presidency, as mentioned, needs to be looked at in the long run and under certain conditions (multiple consecutive terms - of the same party in power), otherwise, as mentioned by Patrick, it's meaningless as macroeconomic policies affect next presidencies.
@@seanf5134 I disagree with the example because I think it proves the exact opposite point if you ignore the 2008-2009 drop. In the long term, yeah, it's down compared to SPX, which I would attribute to macroeconomic trends, over which the US (or any) president would have a lesser influence. So I don't disagree with the conclusion of the video.
Would I bet a certain president will affect the market long term? Probably not. A sector? Maybe, but I would assume the market would correct itself after their term (or their party's term) is over.
@@Trig2790 Point taken, I could see how it would be a bad illustration. It's sort of hard for me to tell because HAL is already pretty volatile, and I don't know anything about the company or the oil/gas industry. I ended up pulling up a chart, you could see a pretty big rise over the timeperiod prior to the crash against the S&P500.
So more a warhammer40k future than a star trek future
Star Trek had WW3 before we went to the stars. That war was apocalyptic. When we lose hope is when we hit the 40k universe
"muh star trek future" is just nerd delusion, people who think it's possible or desirable need to go outside. warhammer fcking sucks too
You're...naive at best if you think a Star Trek future is possible.
@@TheDpsnyder ... exactly
@@babayaga6376that’s not really the point.
18:45
Trump has said he wants to eliminate federal taxes for tipped wages, which would consequently eliminate social security earnings for these people as well.
How long do we think social security will remain a thing?
FICA isn't income tax. The reality is that tipped employees do not report their cash tips.
OP: federal income taxes have nothing to do with social security and medicare. Social security and medicare are taxing your income still for 7.5-15%
??? what are you talking about
@@JasonSmith80513 as long as retirees can vote, social security will remain a thing.
Not sure about trump pump the market. But the pump will always trump the market
Idiots are so quick, because they refuse to Quality-Check what they say.
Thanks ❤
7:58 - Now that's just badass... :)
You did not comment how low Kamala got her golf handicap as a vice president, golf handicaps being a hallmark of presidential and vice-presidential greatness, independent of party affiliation.
You mention Biden mixing up names, without mentioning that Trump does exactly the same thing (eg recently with Pelosi / Haley and Biden / Obama). Why?
Because the debate.
The debate has removed any benefit of the doubt for Biden. He is in a steep cognitive decline, as to be honest I don't care if he either gets a name wrong, or has bad 10 second mumble. Biden only finished 1 in 10 sentences over a 90 minute period. I'm saddened he didn't follow through and become a transition president like he promised. This was all started by Biden making him VP and not setting up a new president.
When Musk starts to point at statistics, i would start getting nervous though. I have another one one for him: Musks Salary vs his companies earnings. i think, that's 69% vs 31% too. or thereabout. But as long as "Making headlines" pumps stocks, there are enough "Investors" around, who don't understand how VALUE works. Or basically meme-stock holders, who just want to be supportive. (That usually comes with costs to THEM).
Currently, i think an exhumed Abraham Lincoln would poll better than both candidates combined. Just because it would be SENSATIONAL.
Since he took over or year by year?
Great video. It's unfortunate that Populists are becoming more prominent and I fear that this will only continue.
I reject the characterization of Trump as a populist. The populist parties goals were increased coinage of silver, a graduated income tax and government ownership of railroads. They were focused on the interest of the common farmer not the wealthy corporations. Trump on the other hand is focused on the interests of the wealthy and corporations.
@@jonnelson9760I agree, neither are actually populist. Trump likes to see himself as an elitist, been quoted as saying he is the "ultra elite" and Biden obviously is to, ashe gets his power from the connects with the elites. Trump is a nationalist, Biden also mainly serves big business, which is why oil has increased so much under him.
It's bizarre. His base loves him but he doesn't even advocate for them. The only thing they like is how vengeful and petty he is
@@jonnelson9760 he's a right wing Populist. He's anti Free Trade, pro tariff, Anti Immigration across the board, pro subsidization of industry..etc
20:33 "It's not a lie, if you believe it."
- Dick Cheney
He's absolutely 100% correct though.
Trump got rid of the bush/Cheney cabal. So you should be happy no?
Reality does NOT allow such stupidity. Unfortunately it often takes a long time (and multiple human generations) for reality to slap the lying malignant narcissists down.
As an American, I appreciate your objective, fact based, and detailed analysis. 👍
It's impossible for Americans to say anything without starting out with "As an American"
@@howdj: Why not get a life vs. so much whining? Plus, I'm an American and just showed one of MANY billions of examples refuting your nonsensical claim.
@@howdj That’s only because we are and want to be identified as such, IF the Podcaster is British. Just as a courtesy to inform him or her that they have a wider, international audience. Why does that bother you?
@@howdj Europoor!
Politics are even dominating rap channels now.
As an American, I apologize in advance to everyone on Europe for unleashing four more years of Trump on the world.
Don't worry, we pity YOU for having to deal with that level of chaos. We can still say NO to it (at least sometimes) But be aware that Devin Nunes is co-CEO of "Trump Media & Technology Group". I think Trump plans his own "Surveillance Network" Maybe with Rumble and Twitter/X.
How many Nobel economists predicted the 2008 crash, 2021-2023 inflationary explosion, etc etc. Seems people only want to listen to these experts when it suits their politics or financial preferences.
He sure pumped up my portfolio. I do hope it holds.
You are so good at objectively analyzing these things and you are also a genius for being able to find scientific articles related to the top on hand and reading and refering to them.
A cattle prod? lol you're the best!
27:35 It was JD Vance
Trump will do whatever is best for Trump.
America comes in a distant third (Russia is 2nd).
@@leoh2502 at least it comes in 3rd. Under Biden we are not even top 10
@@ebzs1429 Apart from the fact that he's done more to elevate Americans' quality of life than any president this century, while dealing with a typhoon of s*** left behind by Trump (such as massive debt due to T's tax cuts for the rich, wrecked supply chains and medical infrastructure due to T's mishandling of COVID).
Anyone who tells you different is trying to scam you.
Leadership talent is very low right now. Plus, who dreams of growing up and being a… POLITICIAN? Only psychos or dweebs. Which are both unfit imo. And so are the current talking heads running
Yeah, I mean, as a politician you only get to shape the direction of public policy and law, and maybe more. It's probably one of the most fascinating things that you could do.
Thank you for this very informative and interesting video
Great reminder of being more rationally minded over emotional. Could miss out on big gains long term by pulling out of the market and holding onto cash because of political biases
The data for 2 countries, China and the US, and one metric, but a VERY serious metric, FDI.
It's pretty clear what trump caused in his last presidency, which was a continual drop in FDI in the US. On the other hand, the VERY THING he was trying to go after, all of the manufacturing in China GREW during trump's time, and FDI in China hit a historic high within the same year he left office. It was on that trajectory though in his last couple years.
FDI in the US hit a historic high under Obama, and is now back around that historic high again, so APPARENTLY people outside the US who invest into other countries' markets didn't like the direction the US was going under trump, but DID/DO under Biden and Obama.
That piece of data don't lie, and it's significant as it shows what the REST of the world thinks about any given country.
FDI in China keeps dropping and is around a 30 year low. Haven't checked the most current numbers but it was at a 30 year low in the last few months and from what I hear it continues to drop with some fluctuation of course as is typical in any market.
trump seems to want to pick favorites which is a no no for a leader of a country when you have free enterprise. He bad mouthed leaders of different companies and hurt them. So, I'd say I'd MUCH rather have the admin. of Biden regardless of him being senile because Biden listens to his admin. On the other hand trump only listens to his wallet. He never listened to his own admin and fired most of them that were approved by Congress if not all and put YES men in their place and for some positions he kept replacing them. That's not what a president should do for the most powerful country of the world.
11:01: Life comes at you fast. That actually happened!
Thanks Patrick. Always enjoy your analysis. Think I might go back and watch the Elon Musk buying Twitter one. It's a fave.😂
Musk with the Sink in his hands Entering the Building.....DOWN THE DRAIN it screamed.
It is always a good day when i see a Patrick Boyle post, never disappointing, almost always a bit of dry and wry comedy.
How would you debate a pathological liar. There is no basis
who is the pathological liar, and what lies he said?
If you think that any candidate backed by a major party isn't a pathological liar you're naive.
It DOES make the debates useless.
IDK Trump did very well against Lyin Biden.
I believe you are referring to Trump when Biden has been lying and plagiarizing his way throughout he's no good life!
@@joeschmoe6908 name 5 lies of Donald Trump
What Ttump learn from His buddy Musk, was to having his own social platform, he can "Pump and Dump" his "everything whats means Himself"!
Thank you
Trump doesn’t need to read Project 2025. He’s hired most of its authors already.
Thanks. No need to convince me, I’m already voting for him.
I'm curious how Trump differs from traditional GOP candidates. The only significant difference I see between his fiscal policy and Reagonomics is the added element of protectionism. Also, the idea that his 2016 victory was fueled by working class voters is questionable, as this is more of a talking point than it is a statistically proven fact. There are several studies that dispute this claim.
Got to love Reagan’s sense of humor.
But he also wasn’t running for office at the time. He had no real reason to keep it in the news cycle because it was a distraction. So this attempt may have more legs.
At current PE the stock market is probably going to be flat over the next decade or so. We're overdue another 1970s or 2000s period of nothing much happening. Line goes up can stop going up for a decade or two easy.
Earnings aren't going up as fast as multiples have.
Biden is a traditional politician, Trump is not a politician at all, let's not lose sight of that fact in your comparison.
How long does Trump have to be in politics to be considered a politician? He’s been at this formally for 8 years and ran for President in 2000 and 2012. He’s a politician. What he’s not is a believer in democracy.
'traditional' is a very nice way of putting it, Bidens as old as the hills lol
@blob22201 yes, but at least he is a normal politician
@TisDana I mean, he is clueless about running a democratic republic because he doesn't care, he's only about amassing as much power for himself. Mr. Vote for me and I'll fix everything.
Are either of them going to run balanced/surplus budgets? If not, then both candidates' platforms are going to drive inflation. Stonks go moon.
the Biden administration is heading towards a balanced budget, Trumps would explode the deficit & national debt - just as he did in his first term.
One is gg to cut taxes the other increase spending lol
Neither is gg to balance the books
@@Yami0to0hikari Democrats have a long history of reducing the deficit. Trump & the GOP have always exploded it.