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The "Trump trade" narrative is dying in the stock market.
The election of President Donald Trump and a Republican-majority in Congress was supposed to lead to Obamacare's end, tax reform, deregulation, an infrastructure build-out and a healthy increase in inflation accompanied by a rise in long-depressed interest rates.
I don't expect him to be able to keep a single campaign promise.
OMG, he has already kept more than Obama did in 8 years. AS for the market, I guess you do not study econ much: the market rarely is influenced by the president. It is inbluenced by the world affairs. Let us not forget, what goes up has to come down. What was the market when your hero Obama took office, what is it today even with some bad days lately?
Obama's wars??? I guess you were you under a rock during W's administration when the wars started.
Also, the Obama's Affordable Care Act has been far from a failure. Many people who were previously without medical insurance are now very happy to have the security of healthcare coverage.
The market's going up because the legacy of Obama rescuing the country from bankruptcy, and turning around the market.
It's amazing how people just make up sh*t, just to have something to criticize.
OMG, he has already kept more than Obama did in 8 years. AS for the market, I guess you do not study econ much: the market rarely is influenced by the president. It is inbluenced by the world affairs. Let us not forget, what goes up has to come down. What was the market when your hero Obama took office, what is it today even with some bad days lately?
But the market likes some sort of stability in the forward view. Under Trump it is not getting that. Both foreign and domestic policies seem to be built on shifting sands.
But the market likes some sort of stability in the forward view. Under Trump it is not getting that. Both foreign and domestic policies seem to be built on shifting sands.
The market doesn't care if there's stability or not, there's an animal for every evolving scenario.
Obama's wars??? I guess you were you under a rock during W's administration when the wars started.
Also, the Obama's Affordable Care Act has been far from a failure. Many people who were previously without medical insurance are now very happy to have the security of healthcare coverage.
The market's going up because the legacy of Obama rescuing the country from bankruptcy, and turning around the market.
It's amazing how people just make up sh*t, just to have something to criticize.
Yes, many of the fires that are raging now are directly related to Obama decisions. Some of those decisions were Clinton's but because the buck stopping and all that...
The ACA was implemented on lies by using early numbers of revenues while delaying the implementation of the programs that actually cost money. There was a back-and-forth between democrats and the CBO when they were trying to pass the bill. It's over on its cost and that's after, what, nineteen states or something like that didn't even join the program. The states that did join haven't even started to feel the crunch of the ACA yet. That comes when they're weened off federal funds to some degree.
The market is going up because that's what happens when the federal reserve has nearly five trillion on its balance sheets and the federal funds rate has essentially been at 0 for the 21st century. IOW the economy was propped up the entire Obama presidency.
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Obama's wars??? I guess you were you under a rock during W's administration when the wars started. 
