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Location: By the sea, by the sea, by the beautiful sea
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What Trump's tweet fails to address is that in the "old days", the good news that could trigger an up market was about the companies stocks represented, in this era we have computers making thousands of trades per second based on the slightest of trends measured in fractions of a penny that have little to do with the actual health of the companies represented by those stocks.
The president should not be commenting on the stock market period.
Nor attacking business owners and their business. That's not his job. That's interfering...it just is.
And ironically the party of smaller govt doesn't seem to see any problems with a President clearly set on trying to bring down businesses that don't support his agenda or that he doesn't like.
There was a 8 trillion dollar run up. I would be more concerned if there wasn't a correction. And Trump is 100% correct, investors see rising wages and strong growth numbers possibly cutting off their cheap money.
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