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Have you noticed that every month Trump has been in office has been increasingly hotter? Maybe Trump is responsible for global warming. Who Knows? So many correlations
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Just before the election, the stock market dropped. Tons of people were scared and worried that if Trump was elected, the market will crash. In contrast, the market started to run the first day since he was elected and rarely looking back. It just refused to give any discount. Amazing! Just wondering how much of this is related to Trump?
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People has the impression that Trump did nothing since he was the president. What he did is just disapproval or discontinue whatever Obama did, ripped almost every Obama's legacy. But the market like it! Very interesting.
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I agree with eliminate business regulation. But for tax reform, I am not sure. Trump and GOP failed big time to repeal or replace Obamacare. Totally failure. Without fixing Obamacare, there is no money for tax reform. I am wondering why market didn't drop when they failed to repeal or replace obamacare. Good news today is democrats unveil their protectionist agenda, which is more like what Trump proposed. Thumb up for democrats. Maybe this is bullish for the market.
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'More about how anti-economy Obama was.'
Lol, SixD....where did you that quote?
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^^^ And of course you would know, right WallyShill?
Your credibility is astounding
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Say what you want about Trump, but he knows how to win an election!
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Hope, the thing you others need to cling to.
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'Say what you want about Trump, but he knows how to win an election!'
He won because many dumb stupid Republicans believe he is their hope and ONLY hope.
Good luck with that.
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What market trade is for the future, not for today, let alone yesterday. If the market think tomorrow's economy is doomed, no matter how beautiful today's picture is, the market will crash.
Media can lie, politician can lie, but money rarely lie. If the market think Trump is bad for American economy, or bad for the future of America, it will drop. Obama is history for the market. Or maybe market like Pence, which will be the president if Trump got impeached, but I seriously doubt it?
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Does this mean there will be a major downturn coming up? It's often boom or bust.
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The interesting thing is what Trump did is totally reverse what Obama did. Who's policy is good for economy? During Obama's presidency, US debt has been doubled, where did the money go? The market response to Trump election is completely opposite with what we learned from mainstream media.
It doesn't matter who won the presidency. The nature of economy is self adjusting and the long term trend is always go up, no matter who won the presidency after IT bubble burst or subprime crisis, the market always fixed itself and turn back up. What make me feel really sad is America becomes so divided today. One group of people think the other group is completely delusional and vice versa. How come America becomes like this? I talked to my colleagues today, they said America was not like this before. Who has turned America like this? Is it Trump's fault? I doubt it.
No matter you are a Trump hater, or a Trump supporter, let's all cheer up for the all time highs of this bull market, and enjoy it.
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thedon60:
I didn't see it. The long term trend of US stock market is trending up. 80% of years are bull market, and only 20% are bear market. In the long term, bull market is high probability event, and bear market is low probability event, that's why short market is very difficult and has high chance of losing money. Stock market crash like 2000 IT bubble or 2008 subprime crisis is rare event, and you might only experience a handful of times during your whole life, and we already experienced twice during the past 20 years. I know everybody like market discount and expect something happened again like 2008 and then we can put all our money in it to enjoy the market turning back and easily make a fortune, but these are very rare events and don't bet you money on it everyday, 99% of time it won't happen. The current bull trend is very strong and there is no sign of boom, burst, or crash. At least I don't see it. Don't bet on it until it really happens. The economy growth is quite healthy so far under Trump's administration, especially Trump is a business man. So it's not a good idea to fight against the trend. The best thing is just control your risk exposure and enjoy the long term trending up. We are very likely just sitting in the middle of long term bull market, or even at the early stage. But who can tell the future? Is there really a Trump train?
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If you think everything the market does is because of Trump, then maybe Trump grabbed you by the pussy.
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If history tells us anything, it's that deregulation leads to sustainable growth, like it did in 1987, 2007, and again, I'm sure, in 2017
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Fuck that moron
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If you haven't put money in either amazon, google or facebook...you can count urself lucky! No money gained. No money loss. Play the mega millions. LOL.
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None of it really matters
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A racing stock market is not a sign of a healthy economy... a lot of people are worried, and other economic signs are not so good. Mostly it's showing what BS it is that cutting back regulations on business is good for people, making them more money, better jobs, more security. It's that long proven false myth of "supply side" the Reagan morons tried to re-invent.
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There are 19 comments on this blog. This blog is locked and no further comments are permitted. |