The stock market goes up when labor costs and wages go down, because it increases profit margins. Bill Clinton began his second term in a more overvalued stock market in 1997, and exited unscathed. "Since November 8th, Election Day, the Stock Market has posted $3.2 trillion in GAINS and consumer confidence is at a 15 year high," Agent Orange tweeted Thursday morning. The stock market, too, looks ready for a brutal correction. That's because Trump enters the White House during one of the most richly valued stock markets in U.S. history.
as mentioned in
read more visit us Money
collected by :Jack Luxor
as mentioned in
Trump Bump Stock Market Will Continue Bull Run
Sam Stovall, the chief stock market strategist of Standard & Poors, wrote on Wednesday morning, if you look at historical trends the stock market, which is already up roughly 6% this year, is likely to keep going higher. U.S. President Donald Trump, center, pauses as U.S. Vice President Mike Pence, left, and U.S. House Speaker Paul Ryan, a Republican from Wisconsin, applaud during a joint session of Congress on Feb. 28, 2017. President Trump may be able to take credit for a good deal more. Jim Lo Scalzo/Pool via BloombergOn Tuesday, during Donald Trump's Congressional address, the president took credit for helping to boost the stock market nearly $3 trillion since the election. Some have warned that Trump should be wary of taking credit for the stock market gains, because when the Dow falls he may have to take responsibility for that as well.read more visit us Money
collected by :Jack Luxor
Comments
Post a Comment