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Yes, the equity markets are very resilient and are ignoring Trump as POTUS. Nothing has changed legislatively in the past 4 months to affect the markets. Any changes would take 6-12 months to begin to affect markets.
As such, we are still living in an economy defined by Obama policies, as far as the markets are concerned. Until a budget is passed, tax reform is accomplished and infrastructure spending wends its way through the economy, it is all just smoke and mirrors from Trump.
Anyone who thinks Trump policies have helped their investments should speak up and explain exactly what (besides unlikely promises) have had an impact.
If you are still using the term "snowflakes" after all the whining Trump has done about being a "victim", then you may not have much else to offer a conversation.
An "idiot" would be someone who says Trump made the DJIA go up 1000 points but cannot explain how. That would be very plain to see.
Of course, if you want to give Obama credit for the DJIA going from 6600 to 20,000...
An idiot is someone who gets on here and starts a thread to brag about the stock market losing points every time it has a rare bad day and then never comments about how well it's doing overall and how quickly it recovers.
The Trump haters never give it a rest but they almost always end up looking foolish.
Yes a strong bull market for 8 years. There's bound to be some correction. Wouldn't be Trump's fault...but then he can't take credit for the bull market either.
Just like -- it really wasn't his fault the March jobs added was so low compared to the previous 78 months and he can't take credit when it picked up again in April.
No real policies implemented except for the coal dumping pollution into the water, has been enacted to promote jobs. Any new jobs from corporate expansion would have been in the works long before Trump got into office. We have a Volvo plant in the area that has been under construction for a year. The jobs will be added later this year....no thanks to Trump at all.
Boeing expanding here -- no thanks to Trump.
Port expansion -- no thanks to Trump.
So I will refrain from blaming him if things go south for at least the first six months -- but I won't give him credit for a solid economy....the upward curve is the same as it has been.....and you can't all of a sudden pretend it came out of nowhere. You just can't. Well you can but we won't take you seriously.
How did doubling down on that 1 big down day work out for people? it was a buying opportunity and will continue to be, every dip this year has had a reason to be bought because company earnings are accelerating overall(15% year over year).
Yes a strong bull market for 8 years. There's bound to be some correction. Wouldn't be Trump's fault...but then he can't take credit for the bull market either.
If you go back to the 2007 peak the market return has only been about 5%. From looking at numbers I think the bull market has at least a couple years left. Not a market timer anyways.
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