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Thread fail just like so many other desperate attempts to make Trump not look like he is doing the awesome job he is doing!
Liberals miss all of the mass shootings and chaos that went on during the Obama administration. It's so peaceful with Trump, we talk about Russian conspiracies because the democrats can't admit they legitimately lost the elections.
The markets have realized what all libertarians and real capitalists have known for a while...that Trump is an anti-capitalist clown who ultimately wants to tell companies who to hire (affirmative action for americans), where to manufacture products (made in america), border adjustment taxes (will hurt businesses and consumers), etc. Trump and his clown followers should be opposed at every corner.
The markets have realized what all libertarians and real capitalists have known for a while...that Trump is an anti-capitalist clown who ultimately wants to tell companies who to hire (affirmative action for americans), where to manufacture products (made in america), border adjustment taxes (will hurt businesses and consumers), etc. Trump and his clown followers should be opposed at every corner.
Down with the anti-capitalists.
And to think that people who think like this actually breed.
Here’s what history says To be sure, those statistics may offer no solace (and no guarantee of future gains) to investors fretting that the wheels may be coming off the equity train that has been powered by promises of fiscal stimulus from President Donald Trump. Anticipated delays in his health-care overhaul has led some to fret that the slog toward implementing pro-business policies, including deregulation, tax cuts and infrastructure spending could be longer than initially expected.
What happens after the stock market suffers a sharp drop for the first time following a protracted period of quietude? That is precisely the question Wall Street investors may be pondering after Tuesday’s downdraft—the biggest daily decline for the U.S. stock-index benchmarks since Oct. 11—resulted in the end of a 109-day streak of days without decline of at least 1%.
But it isn’t exactly clear, beyond lingering concerns about lofty stock valuations, what set off a sharp tumble in stocks on Tuesday, which saw the Dow (DJIA) fall 237 points, or 1.1%, to end at 20,668, the S&P 500 sink 1.2% to close at 2,344, and the Nasdaq Composite Index (COMP) to suffer a 1.8% drop to finish at 5,793. Broadly, it was the worst daily drop for the benchmarks in five months. To many, the market selloff was overdue. But it is hardly anything to write about because as Salil Mehta, a graduate school finance professor, who has worked at Georgetown University and New York University, has noted, stock markets normally decline by least 1% once every 6 sessions.
The four-month period without a drop for the Dow and S&P 500 was uncanny and historic, but may provide some brave souls with buying opportunities, while others wait for the next shoe to drop. Also read: Here’s the latest sign that the ‘Trump trade’ is losing traction What
So did ya'll notice....... 2 months of the rise were even before Trump was President!
I would bet for certain that the markets will change. In what direction, I have no clue. By most historical measures, the market is 60% over priced. However, markets can stay high (or low) and do not seem to obey all the rules we would like it to follow.
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