Quote:
Originally Posted by Got Stripers
Trump took credit for the bull market during his first year, I wonder if he will take credit for what appears to be a long overdue correction in the market these past few days, which most thought was soon to come.
I sure did enjoy the run, but even the great and powerful OZ (Trump) can't stop what's happening now, but he probably will blame someone else for it.
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Actually, his pro-business policies have created an actual market on which stocks can be connected, rather than the free, cheap money created in the previous eight years by the Fed and its quantitative easing--money that was directed into the stock market rather than into business stimulation, which artificially inflated the value of stocks. The correction can now take place without disturbing the actual market--a market which has been stimulated to grow by Trump's economic policies which frees it to grow and expand. So now the price of stocks can be corrected to being more reflective of the actual market.