That’s not correct.
The S&P has rallied over 5% since Trumps win.
The Dow 7%
And the Nasdaq just shy of 5%
Actually I underestimated. The S&P 500 is actually up just over 60% since Biden took office in January 2021.
You’re applying one brush to an entire country.
You’re also applying Australian values to America.
Many Americans believe there should be “free” healthcare in the US.
But it’s not that simple.
Healthcare is a for profit industry in the US. Doctors are paid millions. The state could simply not afford to provide healthcare to all Americans. So many Americans (who have company paid health care) like the system as it is.
5% of that is the trump bump. And your other stats were misinformation
So here’s a fact you might not like. The US Government actually spends MORE PER CAPITA on healthcare than Australia does. So how is it they can’t possibly provide free or cheaper healthcare to Americans when they spend more per capita? The answer - big pharma gouging and super profits.
The US government spends almost twice the amount per capita on healthcare than Australia.
Per capita health spending by country 2022 | Statista.
Most Americans I know also despise the company provided health care. It ties them to their jobs forever and keeps them working much, much longer than they would otherwise.
No, if you read correctly I was saying the Nasdaq is lower since the initial surge.
Again, looking at short term “bumps” as any sort of indicator is just stupid.
I don’t think they think anyone can waive a wand.
I think they voted for change from the last 4 years.
Americans are not as stupid as you’re trying to make out.
Not only that but healthcare workers and facilities cost a bomb to run too. I took an ambulance to hospital once in Miami. It was like a Sheraton hotel glass tower. I was there about 4 hours. The bill was almost $20k
The cost of providing healthcare is astronomical in the US. And that’s not an easy thing to reform.
Yeah they don’t know how to waive a wand because they can’t wave a wand 
Seriously America hasn’t taken healthcare seriously even since the 1980s. Carter tried to introduce it but Reagan was vehemently opposed and then ever since then it’s been a race down to the bottom with Republicans trying to repeal healthcare at every opportunity because they don’t give two hoots about the people they pretend to care about, aka the working class.
Hell their attempt to repeal Obamacare failed because they didn’t have a better plan for it, and they voted to do so because it’s Democrat policy and they were willing to tear it down for the sake of opposition without an alternative that is realistically workable (in fact they didn’t have one at all). The only reason it stood was because Murkowski, Collins and the late John McCain had the common sense to stop their senseless stupidity.
Yes they are if they’re willing to vote for the orange turd so they’ve made their bed and can lie in it, and they can’t blame the Democrats if things go wrong in the next 4 years because it’s all under their almighty trumpy and his GOP controlled congress.
Don’t tell them we didn’t warn them…
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It’s not easy no. But that’s what I mean about Americans not questioning this type of thing seriously. Instead they buy the “socialized medicine” nonsense big pharma and the Republicans sell them instead of looking at things critically. BTW “socialized medicine” is actually code for “I don’t want my taxes to pay for Mexican immigrants’ healthcare”. That’s their psyche. Rather than look and compare what things are costing and where the super profits are going…
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Fair enough. Stock makers go up and down as you know.
But the run up in the last month has been because corporate America is no longer going to see tax rises.
$69 billion flowed into the market the week after his win. That’s a lot of smart money and is an indicator of optimism for the future. I wouldn’t call that stupid at all.
Contrast that with the UK where 4 months of our new government our economic growth whimpered to a pathetic 0.1% growth after a £40b tax raise.
These are indicators of where the economy is going.
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Fair enough, happy to to be proven wrong as someone who has a big chunk of money in the share market myself 
Although I would caution that Warren Buffett is taking a lot of money out of the market at the moment and is cashing up in a very big way.
The UK is a whole other basket case…
They better do it now because once the tariffs come in it’s all downhill from there. The market’s going to be distorted so badly it won’t even be funny.
It’s the same America that voted for Obama twice.
I don’t think you can paint a whole county as stupid. Arguably America is the most successful nation on earth. If they’re all idiots - what does it say about the rest of us.
Trump will be gone in 4 years. America will survive. The world will go on. And America will probably swing back left. It will take more than 4 years to completely break America.
The bigger problem will be if more democrats still start voting right. They need to rebuild and reposition and govern from the centre. Or we will be in trouble in 8 years.
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No one has a crystal ball.
We could rally another 2 weeks or 2 years
The market is not really rational.
We’ve had an insane 2 year run up - too much - it’s overvalued and overdue for a pullback. So yes I suspect there will be a big pullback maybe a crash even. The valuations are insane rights
I believe buffet is half in half out. Ready to buy on a big dip.
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It really is.
I love living in London - but the UK is a slow motion car crash.
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That’s actually the best description I’ve ever heard for the UK lol.
Yea I can’t see labour fixing it. They’re just taxing us to death.
We’re in a slow decline. Low wages. High costs. Lack of investment.
We don’t even build roads and highways in the UK.
Even with 1 million immigrants last year we are barely growing the economy. 0.1%
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They are but they’re being deluded into thinking otherwise.
Admittedly the individual/household situation ain’t great but that’s just the world in a nutshell. If anything it’s not as bad as it was in the GFC/Great Depression but Trump has figured out a way to spin that into ‘America is a failure’, ‘We’ve been overrun by Illegal Aliens’ and stuff. He’s good at manipulating the narrative and that’s all he’s good at.
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No, I think Brian is being pretty generous. America is the world’s Florida.
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