nate33 wrote:Zonkerbl wrote:nate33 wrote:Then why have U.S. markets outperformed the world?
What are you f@#$ing talking about
Just because Stephen f@#$ing Mnuchin says something doesn't make it true
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Also pretty sure Mnuchin confused percentages with levels in his little statement. Amateur mistake.
And. AND! 2019 GDP growth was only 2.1% in 4th qurter 2019 so WHAT IS HE EVEN TALKING ABOUT
I said "markets", not "economy".
It's difficult to compare the growth rates of economies because developing markets like China and India are naturally going to have much bigger GDP growth since they have so many inefficiencies to improve upon. I'll bet if you compared the U.S. to other developed economies, we're outperforming though.
If you look at market performance since 2017, the U.S. is killing it. The S&P is crushing the FTSE, DAX and HSI.
With respect, Trump wants it both ways... 2% growth rate is amazing when he is in office and terrible when Obama was in office.
The difference is he is using a tax stimulus. So, really Obama was doing better... and that has to make the orange one's hair flame.



















