Economist: Stock Market Gained $2T in Wealth Since Trump Elected.

NomadacNomadac Senior MemberPosts: 890 Senior Member
Economist: Stock Market Gained $2T in Wealth Since Trump Elected.
http://insider.foxnews.com/2017/01/25/stock-market-gains-2-trillion-trump-elected-steve-moore

But if you watch Fox Business channel and Lou Dobbs he stated it was at $2.7 Trillion last week.

I'll bet you have not heard or read this from the Driveby Media. Dow Jones is at an all time High.

Replies

  • RugerFanRugerFan Senior Member Posts: 1,830 Senior Member
    What goes up must come down.

    I feel sure there will be a correction in the next few months. The question is how much of a correction.
  • Big ChiefBig Chief Senior Member Posts: 32,995 Senior Member
    Trump is good fer business no matter how you feel about him. He is giving them confidence in the future so as the stock market is not so jittery and businesses are making investments. They have been holding on to cash not knowing what the future will hold, not wanting to expand because of regulations and the EPA and so forth.

    They see tax cuts/more fair taxes on the horizon too.
    It's only true if it's on this forum where opinions are facts and facts are opinions
    Words of wisdom from Big Chief: Flush twice, it's a long way to the Mess Hall
    I'd rather have my sister work in a whorehouse than own another Taurus!
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