General Election 2024 Harris vs Trump (3 Viewers)

[SamAndreas]

Today it begins, Kamala has reached the point that she's the Democratic Party nominee:

There's video from today. this link has video from her first public appearance since Biden endorsed her:

https://www.cnbc.com/2024/07/22/live-updates-harris-democrats-biden-drops-out-trump-campaign.html

She spent yesterday on the telephone for most of the day. I read that yesterday that she called the party leaders in all 50 states. That would take me three days.

She's renamed her YouTube channel, that's the where to go for video: https://www.youtube.com/@kamalaharris

This is her video on her channel from two hours ago:



To play it, start it, and then move it up to 5:47. This was one of those live videos which don't start at zero.

I've named this thread General Election 2024 Harris vs Trump

Trump needs an introduction post as well, a MAGA suporter ought to write it: @Farb, @SaintForLife , @Others, calling for someone to please introduce your GOP candidate for this 2024 general election thread.

 

[Optimus Prime]

Trump is absolutely giddy that the stock market is down today. That’s because he only cares about himself. Ordinary Americans mean less than nothing to him. Oh, and he has an impressive track record during his term of presiding over historic drops in the market.



Text from tweet:
Here are the 10 Largest Daily Percentage Dow Jones Drops in recent history, along with the president who was in charge during each stock market collapse:

- President: Reagan
October 19, 1987 - Percentage Drop: -22.61%

- President: Trump
March 16, 2020 - Percentage Drop: -12.93%

- President: Hoover
October 28, 1929 - Percentage Drop: -12.82%

- President: Trump
March 12, 2020 - Percentage Drop: -9.99%

- President: Hoover
October 29, 1929 - Percentage Drop: -11.73%

- President: Trump
March 9, 2020 - Percentage Drop: -7.79%

- President: George W. Bush
October 15, 2008 - Percentage Drop: -7.87%

- President: George W. Bush
September 29, 2008 - Percentage Drop: -6.98%

- President: Trump
June 11, 2020 - Percentage Drop: -6.90%

- President: Trump
February 27, 2020 - Percentage Drop: -4.42%

Number of Top 10 Drops:
- Trump 5/10
- Bush 2/10
- Hoover 2/10
- Reagan 1/10
- Biden 0/10

MAGA response:

 

[efil4]

Trump could win if he could stay on message about the economy, inflation, and stock market. The racial dog whistles are losing people.


Trump could win if he could stick to just the economy, inflation, and stock market. His racial comments will sink him and I don't think he can avoid being who he is.

he cant stick to those because he doesnt have the answers to HOW.

As we are discussing on the Investment EE thread, he isnt reeling in Hedge funds operations. He has no answer to how to solve inflation nor how to boost stock market sentiment.

He is a simpleton when it comes to monetary policy and everything financial

 

[MT15]

Trump could win if he could stay on message about the economy, inflation, and stock market. The racial dog whistles are losing people.


Trump could win if he could stick to just the economy, inflation, and stock market. His racial comments will sink him and I don't think he can avoid being who he is.

He has a horrible economic record and his economic proposals are even worse. So I would like to think that the case against him could be made there.

 

[efil4]

He has a horrible economic record and his economic proposals are even worse. So I would like to think that the case against him could be made there.

so the layman doesnt understand the intricacies of the investment world- and he appeals to that person because he talks in "generalities" - case in point "Stock market Crash"

its not crashing because everyone is worried about the economy or blue chips turning negative profits. Its waaaay more complicated than that ( and there are now articles explaining exactly what precipitated this mornings sell off- its NOT individual investors ) But to explain it in simple terms is very difficult and the folks he appeals to dont want to spend the time or energy needed to understand, so they take the "path of least resistance".

The market will be just fine in a week or two...it was due for a correction and it probably would have been a slower "correct" over span of time vs one day event, but it happened because some very large hedge funds/institutional investors made some decisions that backfired overnight, and they are scrambling to get out from under the tsunami.

as i finished typing, i looked at market- NASDAQ was down almost 6% at one point, now at 3% - Dow/S&P around 2% ( off 4-5% )

 

[efil4]

He has a horrible economic record and his economic proposals are even worse. So I would like to think that the case against him could be made there.

good quick explainer



text:

1) Many traders were borrowing Jap Yen (JPY) at low interest rates, converted them to USD and used this to buy US stocks2) Now that the Bank of Japan (BOJ) is raising interest rates, the JPY has strengthened significantly against the USD. Now, these traders are in big shirt. Not only must they pay higher interest for the JPY they borrowed, they are now facing huge forex losses as well. The USD assets they are holding may not be enough to repay the JPY they have borrowed. 3) This is causing a huge unwind of these trade positions. Traders facing big losses and margin calls are selling their US stocks to raise USD, converting back to JPY and paying back their loans. 4) This can lead to more selling pressure on US stocks and even more declines in the short term. Middle east war escalation, US political uncertainty is also adding to the fear and panic.As an investor, this is great news because this type of short term crisis and panic is what gives me the opportunity to scoop up high quality US stocks at bigger and bigger discounts. take advantage of temporary mis-pricing caused by short term crisis. This is how we get richer.

 

[Nebaghead]

I was reading that this might force the Fed to do an emergency interest rate cut now instead of waiting till September.

 

[efil4]

I was reading that this might force the Fed to do an emergency interest rate cut now instead of waiting till September.

i think the real wait is for Middle East. If war pops off in full there, they may have to step in. I think if market closes today around 1-2% down, they wont fret about as much vs what open looked like.

 

[RebSaint]

Harris brought it on herself by deciding to identify her race based on what's politically convient for her. It's the same with her political views that she was for when she ran for President and now that Obama made her the nominee.

I'm not saying she isn't black. She is an Indian and Black.

No I don't think Trump will get a bigger percentage of the black vote, but he will get the biggest percentage that a Republican has gotten previously.

She brought nothing upon herself but by daring to self-identify her race or accepting the nomination of her party.

This post is a disgusting reminder of the willful ignorance of Trump and his supporters.

The gish-gallop posts about her race is nothing more than a simplistic version of "hey, look at Harris and how racially she identifies herself." and not accepting how others identify her to score racism political points.

Nevermind examining any understanding of how racially-mixed people often in order to survive, often identify themselves based on context and experience. So your particular ire is just centered upon the temerity of how SHE identifies herself despite others' standards (or how white supremacists have historically defined race). It's exactly why the vast majority of historically-oppressed minorities vote for Democrats, because Republicans keep doubling down on the politics of racism and xenophobia.

Nevermind the fact that for hundreds--hundreds of years, white people have affixed, defined, and codified racial identity within political, economic, and social power structures. White people invented these constructs and non-white people are just leaning into how THEY identify, despite the ignorance of Trump and his minions.

The argument seems to be twofold: 1. Harris is lying about her race (which she isn't), and 2. Vote for the white guy because at the end of the day, his opponent person isn't white and lying about her racial identity.

Anyway it flushes, it's racism, full. Stop.

 

[SteveSBrickNJ]

On a different thread, I said Trump has hit his ceiling for support and seems doomed.
Yet surprisingly, David Axelrod states that enthusiasm for Harris needs to be more cautious. It's not in the bag yet.
*

Axelrod: Harris momentum leaning heavily on ‘irrational exuberance’

Democratic strategist David Axelrod warned that much of the enthusiasm among Democrats about Vice President Harris’s campaign is just “irrational exuberance,” as the race remains neck and neck. Harris’s campaign has come out to a quick start, breaking fundraising records and significantly...

www.yahoo.com

 

[Nebaghead]

On a different thread, I said Trump has hit his ceiling for support and seems doomed.
Yet surprisingly, David Axelrod states that enthusiasm for Harris needs to be more cautious. It's not in the bag yet.
*

Axelrod: Harris momentum leaning heavily on ‘irrational exuberance’

Democratic strategist David Axelrod warned that much of the enthusiasm among Democrats about Vice President Harris’s campaign is just “irrational exuberance,” as the race remains neck and neck. Harris’s campaign has come out to a quick start, breaking fundraising records and significantly...

www.yahoo.com

It is far from in the bag. No one ever won an Presidential election in August. The race has essentially reset at this point and now it is all about the next 90+ days. A lot can happen between now and then.

 

[SFIDC3]

It is far from in the bag. No one ever won an Presidential election in August. The race has essentially reset at this point and now it is all about the next 90+ days. A lot can happen between now and then.

Agreed, but ssssshhhhh, someone is waiting to predict the next "red wave"......LMAO......

 

[SteveSBrickNJ]

Agreed, but ssssshhhhh, someone is waiting to predict the next "red wave"......LMAO......

NO.
With Biden as President that seemed like a reasonable hope for me.
Now I'm thinking the Ds might grab everything. Too soon of course to say.
I should should just tune out until after the first Harris Trump debate.
Once that has taken place that's when we might be able to gauge the mood of the country.

 

[Optimus Prime]

…..A similar transformation could befall America in November. Until now, twentysomething voters were a thorn in Donald Trump’s side, opposing him robustly in previous elections and making their resistance corporeal as leaders in the Women’s March, Black Lives Matter protests and climate movement.

Yet recent election polls suggest that while young women remain committed to the cause, there has been a tremulous withdrawal from young men. In 2016, 51% of young men identified with or leaned toward the Democratic party. By last year, it was down to 39%. Young men now favor Republican control of Congress and their support for Trump has grown since 2020.

The Democratic strategist James Carville (he who told Bill Clinton “it’s the economy, stupid”) has been warning Democrats that the party’s eroding numbers among young men and young people of color are “horrifying”: “We’re not shedding them; they’re leaving in droves.”

Of course, many of these fears were emerging when Joe Biden, an octogenarian white man, was still the presumptive Democratic nominee. But while early polling suggests that overall, gen Z is excited by Kamala Harris’s likely nomination, she hasn’t made much impact on gen Z men.

Research by the Young Men Research Initiative (YMRI), a group set up in recent months to observe this unexpected drift, shows that men aged 18-29 are split 32% for Harris and 33% for Donald Trump, with Robert F Kennedy Jr taking 15%. This is an almost identical split to when Biden was the frontrunner.

Young men used to vote more like young people: left. Now they might start voting like men: right.

What changed?

Some pollsters believe we are witnessing a new politics of resentment – that young men feel #MeToo has gone too far, that feminism has left them behind, and that they can only see a home for themselves in a testosterone-fuelled Republican party.

Others – including Richard Reeves, head of the recently founded and influential American Institute for Boys and Men – say this isn’t a cultural issue.

While a small, loud minority of men might have become more extreme in their views on feminism, most are responding to other economic and social factors that have meant they have lagged behind women for some time.

Young men statistically are more depressed, financially worse off and less educated than young women, and looking for electoral answers. “This is less about young men being pulled towards the right than it is about them being pushed away from the left,” Reeves says.

Blue-collar workers, Hispanic voters in Florida, white married women: Democrats have blundered before in assuming they had certain demographics locked up only to find they had taken them for granted.

Unless the party can work out why it’s losing young men and how to win them back, Democrats may wake up to a cold new dawn in November, as Europe did in June…….

“Well, I say it’s a very scary time for young men in America,” Trump replied. “You could be somebody that was perfect your entire life and somebody could accuse you of something … and you’re automatically guilty.”

Trump had dismissed his own boasts of sexual assault as “locker room talk” during his 2016 campaign, but now he was making his pitch directly to the locker room.

Having harnessed the racial resentment of white voters who felt society had become too diverse, could he do the same with young men who felt society had become too feminized?……

Unease about gender roles is reflected in polling. A July poll by YMRI found that 65% of young men aged 18-29 agreed that “guys can have their reputation destroyed just for speaking their minds these days” – an eerie refrain of Trump’s Kavanaugh statement – and 52% of men under 30 agreed that “things are generally better when men bring in money and women take care of the home and kids”.…..

Young men in the US used to lean left. Could they now hand Trump the presidency?

The ex-president is courting a demographic drifting away from the Democrats. What’s driving the widening gender gap among young people?

www.theguardian.com

 

[Greg]

 

[bird]

And what “has been”?

 

[B4YOU]

Because Harris controls interest rates in Japan?

 

[efil4]

see? told yall who Trumps audience is.

 

[Booker]

Yeah, my 401k looks better now than it ever did during the previous administration. Facts.