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Old June 8th 21, 01:28 AM posted to rec.bicycles.tech
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Default Good quality bikes

On Monday, June 7, 2021 at 11:48:56 AM UTC-5, wrote:
except in the rare occasions like when Trump was in office and it went up virtually every day except for the predictable corrections.


Gosh darn Tom. You just love to throw those softballs way high up in the air and give me the chance to hit out of the park grand slams with them. Thanks.

Below are the prices for the Vanguard Total Stock Market Index Fund. A good approximation of the entire USA stock market. Since it includes every single stock traded in the USA. I'm using annual returns. Not election or inauguration dates since its easier to calculate returns based on calendar years. OK.

12/30/2016 $56.08
12/29/2017 $66.72
12/31/2018 $62.09
12/31/2019 $79.69
12/31/2020 $94.74

Annual returns
2017 18.97%
2018 -6.94%
2019 28.35%
2020 18.89%

Please look at that 2018 line. The annual return in the USA stock market was a NEGATIVE MINUS 6.94%. NEGATIVE MINUS in 2018. And yet you say the stock market went up virtually everyday except predictable corrections. Trump signed the Tax Cuts and Jobs Act of 2017 on December 22, 2017 and the changes went into effect on January 1, 2018. Was Trump giving trillions of money to corporations a predictable correction? Were all the CEOs counting so much free government tax reduction money that they couldn't spare any time to waste running their companies? Was that predictable?

You being the genius financial investor, did you sell everything you own on December 22, 2017 and then buy it all back on January 1, 2019? Thus avoiding the Trump 2018 stock market losses?
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