Dont over think things put your money in a total stock market index or S&P index and leave it for 20 years and you will make 8% with compound interest. Jumping in and out or trying to time the market will kill you. As far as Biden or any other president being able to manipulate the stock market just does not happen. If Biden could manipulate the markets why didnt he do it from day one?

Yes like trapping 65 cents a mile,
2500 miles during season, $4.00 coons equals a big deduction. Lol

I almost always have to pay taxes on my trapping. You guys got all the angles figured out.

Yes, when one retires and have saved well tax brackets can be an issue and so are deductable items that keep taxes lower within brackets. I too probably deferred into my 403b at a higher level than I needed to and today to help lower AGI we do QEOs to our chairtable organizations which helps keep our gains taxes in the lower brackets.
To me if one has had retirement accounts that are still lower than they were 15 months ago or so, the sectors they are in could be poor performers or they may have done some investment changes because they were not happy with their losses and their new investments are not performing well either.
We have some investments we have held since 1975. Not the splash in the pan ones but over time they have been solid for us. When doing the QEOs one can choose which items and we are choosing ones with the largest capital gains taxes due and that helps lower the total taxes due.

Bryce

2008 and 2020

Or have a farm. .

Question: If the Fed's board of governors' are appointed by the President (confirmed by Senate), then wouldn't the President have considerable sway in the behavior of the Fed based on who they choose to put on the board?

Depends up on if the executive branch wan't to influence the financial industry via politics or if they would like to have the more private sector determine the use of funds and fueling the economy. It is most likely nevery unbiased, it is a matter or more or less so.

Bryce

The president should is not in charge of the economy. Not his job. Protect the people from enemies and guide the country by the Constitution. Every up and down we experience in financial markets is not the responsibility of the president. No President can control the economy.

A lot of what moves the market now is all the social media BS that people believe.

One way to lower the sound byte aspect is to follow wider market projection options like S & P 500 which covers a much wider range of companies and sectors then things like the Dow which moves many times when someone sneezes.

Bryce

Let us know when a candidate summoning the spirit of Calvin Coolidge has a chance of being elected again.

Sure they can't control oil production, permits, import tariffs, ECT.. yes the president/, administration can do a lot that has a big effect on the economy.

I think GDP is one financial ratio to consider but not the only one to make decisions from- GDP grows with more predictability than market fluctuations and is one of Buffet's favorite indices. The current ratio of 185% is approximately 51.54% (or about 1.7 standard deviations) above the historical trend line, suggesting that the stock market is Overvalued relative to GDP... sure looks like a bubble?

Geopolitics could throw a huge monkey wrench into everyone's financial gears!

Companies don’t report to Biden. They have boards, officers, and stock holders. If they did cook their books for one President, then the other half would do it for the opposing president.

I don’t think public corporations are run like this. Maybe MyPillow was, but he ran his own company (into the ground).

Today's stock market is a crap shoot. There are no fundamentals to compare to see the health of a company or future health. Today if unemployment drops stock market rises. GDP drops stock market drops. Non of that or other of today's economic news has 1 single value to judge the health of a stock.

It's pretty much turned into a casino.

Save all you can and when the currency dissolves in a few years due to printing too much, 34 trillion in debt now and climbing, all those millions you have stock piled will be worth exactly the same thing all those confederate dollars were worth the plantation owner's had stock piled after the civil war ended!

Devalued dollars not going to buy much in the future.

Charles, you sound confused. I don't think anyone is talking about companies, here. We're talking about monetary policy (the Fed) and fiscal policy (the Prez and congress).

But, personally, I believe you're right. The economy would actually be bipartisan if the companies controlled it without governmental interference. So maybe we agree for a change?

I believe Charles is on point.