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I assume the stock market will correct at some point, especially with Yellen likely to raise interest rates going forward after almost a decade of ZIRP. Businesses want success and overturning Obama's onerous regulations, bringing business back to the US, and the expectation Trump's policies will be good for American businesses are reflected in this stock market.... an almost giddy celebration of Trump's win.
I assume the stock market will correct at some point, especially with Yellen likely to raise interest rates going forward after almost a decade of ZIRP.....
No doubt.
But it certainly didn't tank as alleged by Mark Cuban, the OP, and numerous others early in this topic.
Personally, I'm divesting right now just in case nutcase Trump wins. Besides, Thank You President Obama in your role in bringing back the markets. Millions of Americans retirement plans have returned to respectable levels. This is as good a time as any to capture gains before the Trump recession hits.
How can you have any kind of "favorable" rating when you haven't worked for the people, yet? What's it based on?
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