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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 03-24-2017, 06:17 AM   #3
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
The day after the election, Paul Krugman (a Nobel Prize winning, and therefore Marxist, economist) said the US financial markets would never recover form a Trump presidency. Much speculation, no one can know for sure.

Interest rates have nowhere to go but up.

Many feel the stock market is unjustifiably high and ripe for a correction (that goes back to the Obama era)

Many feel there that federal and state levels of unfunded debt are going to trigger the next recession.

Countering that, are many business leaders, who are confident that we have an administration, and a Congress, that are much friendlier to business than any in recent memory. That may, MAY, instill large companies with the confidence to invest in growth.

Also, Trump has promised (who the hell knows if he will keep said promise) to modify trade relations in our favor.

Many, many unknowns. Me personally, I am betting on the market to rise, but I have strict stop-loss protections to get out early if/when things head south.
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