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I love the panic when the major indexes are down about 1.5% on average for the day. Stupid uninformed investors are the best, they create buying opportunities for people that actually pay attention.
Eventually the market WILL go down, but we all know Trump just runs his mouth and makes it up as he goes along, probably just another minor dip here, but who knows. All I know for sure is that a 1.5% to 2% dip is nothing to worry about on a down day in a market like this.
If looking for informed investors, I don't think you will find many here...
The uninformed credit for the ups and downs can easily be found in most of these Trump threads despite the fact the POTUS only has so much influence on the longer-term trends of the economy and/or securities markets. That said, there are SOME things that do tend to factor in a bit more immediately.
Trump's tax cuts at such a time will have an affect, and so far we see that can go either way even though those tax savings are an obvious benefit for American companies and high income individuals to exploit. Also this sort of thing...
...with the Dow Jones Industrial Average down more than 200 points after President Donald Trump suggested the U.S. will wage and win a trade war."
I think, however, the people who insist on pointing at all things positive to Trump's credit, when things go south, they merely move onto where else there might be something positive to give Trump credit for, rather than consider the reasons why things are really happening, even when not so good thanks to Trump...
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