Sooooo as you know the Market looks forward. So this would be President Elect Biden’s market.
No. Joe Biden has done nothing yet to influence the market. So, what happened to the claim from the left that stock market gains early in Mr. Trump's administration were actually due to Barrack Obama?
Better question
What happened to trump assertion that the reason the stock market rose was based on the day he was elected, not the date he entered the white house ?
What happened to trump claiming the stock market would crash if Biden was elected president, a claim he made twice in public including a debate and at a rally ?
So if trump said he deserves credit from the day he was elected, wouldn't it follow that Biden is responsible for the stock market rise now ?
Look at all the headlines
Biden's Stock Market Is Off To A Faster Start Than Trump's
Markets Throw a Welcome Party of Sorts for Biden
Stocks soar and Dow tops 30,000 as Biden transition begins
These stocks and sectors could thrive under Biden
Stock markets rally on Biden presidency
Dow closes above 30,000 for first time in history on hopes of economic recovery under Biden
Dow hits 30,000-point record high as markets welcome Biden
Markets Throw a Welcome Party of Sorts for Biden
Dow Hits 30,000 for First Time as Transition Uncertainty Removed
Dow Jones Breaks 30,000 Mark As Joe Biden Transition Fuels Investor Optimism
Totally different circumstances. The recent stock market rise is mostly due to vaccine announcements and a likely end to the lockdowns. That was Trump, not Biden.
P.S. Also economic recovery numbers were better than expected. Again, not Biden.
Hundreds of economists publicly support the position that the drastic rise was a result of the vaccine information and the release of funds so the Biden administration could start it's transition.
It's ALL OVER the internet and it had NOTHING to do with trump.
Do us a favor. Show me the evidence that proves your point.
Give me a list of 10 Major Media headlines that support what you are saying.
VACCINE ... that's exactly what I freaking said!! I repeat, the stock market rise was due to vaccine announcements and the likely resulting end to the lockdowns (I'll use you for my reference, LOL). Trump enabled the rapid vaccine production through Operation Warp Speed.
(1) So Trump's win. It's funny that your posts subsequent to mine starting referring to the vaccine; none of the headlines you referenced mentioned vaccine.
Additionally, the stock market has already been on a steady rise for months (long before anyone even knew the election results), because economic numbers were better than expectations. That's how the market works. The DJIA has gained nearly 62% since March 23. I hope you don't need me to reference the market's rise, any search of the DJIA will show you that.
Your hatred for Trump has resulted in your inability to recognize anything he has done right. No one is wrong (or right) 100% of the time. In closing, I'll point out that "news headlines" are not adequate references. They are often biased and misleading; as are yours in this case, since none mentioned the vaccine.
Reference:
1. "Trump Administration Announces Framework and Leadership for 'Operation Warp Speed'".
U.S. Department of Health and Human Services. 15 May 2020. Retrieved 26 Nov 2020.
https://www.hhs.gov/about/news/2020/05/15/trump-administration-announces-framework-and-leadership-for-operation-warp-speed.html