Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Despite a good jobs report, and on the heels of the fed's announcement of no new interest rake hike, the stock market is nonetheless dropping, in response to the most recent events out of the White House:
Warning Iran that new sanctions could be levied against the country following a recent ballistic missile-test launch.
Trump could use military force in Mexico to prevent immigrants crossing the border.
Tensions reportedly rose between the U.S. and Australia after a testy phone call between the two leaders over a previous refugee deal under the Obama administration.
Protests at airports following Trump's executive order to ban travel from seven Muslim-majority countries, a ruling that extended to lawful visa and green card holders.
A number of federal judges deeming the ban partially unlawful.
Maybe it'll pick up tomorrow, when the official jobs report is released, and because Fridays are often "up" days. OTOH, businesses sometimes falter when they don't know what unstable action by the govt may be coming down the pike. A simple negative tweet about Facebook or Google can cause the market to fall.
there wasn't ever a honeymoon. where you napping during all the protests & riots?
There was a honeymoon stage for investors - many felt that Trump's position on economic issues may be a good thing for the markets. I have been so-so about him and my own investments and will be watching my own accounts...
Honestly, I felt prior to him doing so many rash EOs that he would be okay for the economy. I think a lot of investors are like me and they are feeling that maybe he is not going to be good for the economy.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
