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But there are several reasons why stocks are on the uptick.
It could be another scam of passing around McGuffins (such as bundled mortgages or strip malls or ?? ) at ever inflated prices until the house of cards collapses.
Or team Mueller going over financial records with a fine tooth comb is causing some to quietly move their moolah.
Hiring appears to be slowing down month by month and seems to be little going on in the nation to warrant this stock market uptick.
To say that it is expressing confidence in Trump is ridiculous. These are sharp people. They are doing something, but it isn't expressing confidence in Trump.
Guess you don't agree with my comment #199, or that information, or maybe missed it. Something like that...
Sharp people know better than to give Trump any credit for any of this, because a) Trump doesn't deserve any credit when linking the cause for market rise or fall to the POTUS, especially Trump after such a short time of doing nothing tangibly relevant and b) America and Americans are not the center of the universe when it comes to what the markets (like the DJIA) will do.
Sharp people are no more likely to blame the "great Recession" on George Bush than they are to give Trump credit for this turnaround that clearly began while Obama was president, and sharp people are not even so inclined to give Obama credit for that either. 20 trillion dollar economy, global markets, sharp people know who the true "movers and shakers" are when it comes to all that drives the markets.
Trumps ratings at historical lows while Dow Jones at all-time high - what does this mean? (Congress, middle east)
It means that people who know a thing or two, run companies, or buy stocks think the country is headed in the right direction, while the larger group who knows nothing, does not run companies, and has no money to invest believes what the MSM tell them.
Yeah, except trump claimed that the results before his election to office were fake..now he wants credit for them. BS. The economy is running despite his idiocy.
Unlike what most readers on here would understand....Trump would rather have low rating early in a term.
It's pretty simple, the higher ratings are early-on, there's mostly only downhill from there.
Because when you then do things, plenty will be unhappy and your ratings slide.
I'd much rather have lower ratings in a first year.
Wait...didn't we learn a lot about the accuracy of polls last year, anyhow?
Ah the Reagan idea. Here is the thing though, the market in 1981 wasn't looking too good, neither was the economy on the whole. Reagan was unpopular but then got shot by some apolitical nut-job. His ratings went up. I don't see Trump getting as drastic as a boost, except maybe with oh say moderates who voted Trump then went away due to the healthcare policies he was pushing for.
It means that people who know a thing or two, run companies, or buy stocks think the country is headed in the right direction, while the larger group who knows nothing, does not run companies, and has no money to invest believes what the MSM tell them.
I'm not so sure. The various healthcare bills were not really popular unless you were anti-Obamacare and still are now. Some were but aren't now while others were and realize it needs fixing, not scrapping.
The issue I see is that there is likely a divide between where the economy is booming. In suburban Phoenix, there is an economic boom with many new fast food places popping up as well as a few more retail stores. However, other places may not see this yet see the stock market going up and wondering "Why aren't we booming too?"
What that really means is change is painful, butt looks like the Future of the country is looking good.
Libs will never approve of Prosperity unless it is on their terms.
You don't exactly represent much the exception to that sort of rule with ongoing comments that are essentially partisan driven, hardly ever fact driven, none with the supporting facts also given anyway...
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