Quote:
Originally Posted by BigCityDreamer
The stock market rallied after November 8, 2016 partly because investors became confident that the newly-elected President's economic policies would help to boost company profits. It is a sign of things to come.
But more importantly, I'm waiting for GDP growth to get rammed into overdrive. If Trump's deregulation and other policies can get 3.5-4 percent growth even for a few years, then that would be a terrific boost for the economy as a whole. If it happens, then that will be winning like nothing else. Shall wait and see.
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I think you may be talking about the Trump bump? Yes the stock market has ripples based on political times. That can go either way. It has very little to do with a bull market or a bear market. The stock market is a beast of it's own and controlled by wealth, not one man.
Are you referring to the tax cut for the rich and the hopeful trickle down growth? It's a smoke and mirror scam. Just look at Kansas and the disaster it turned into. You are putting too much faith in a con man that has enriched himself at our expense, and will continue to do so. Ever wonder who pays for his business trips to his local hotel and Mar-A-Lago? What about his other golf resorts? Do some research about it.
How Tea Party tax cuts are turning Kansas into a smoking ruin - LA Times