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It's fair to say the expectation of tax cuts, regulatory cuts, and more defense spending drove the initial post election rally. We'll see if/when the market realizes he might be literally too dumb to do anything though.
Yes. Mkt rocketed after it tanked. All indicators also rocketed (gs swirlogram, infl exp, consumer and investor confidence, vol was crushed immediately). I'd argue you are an idiot if you think otherwise.
Yep, he also is responsible for the upward shock to t bill yields
Of course he is. Market up bc of his expected policies to be enacted. Usually would agree that most presidents have no influence on stock mkt (ie. Obama had QE) but hard to argue on this
No. Everyone asks this for every president and its never true.
Amen IBA1
He can take credit if he's willing to take credit for it tanking after tax reform fails
Also, for perspective: https://www.google.com/amp/s/amp.businessinsider.com/trump-stock-market-news-unprecedented-rally-claims-untrue-2017-10
Only presidents I agree with get credit for anything. The other guys are lucky pricks.
Depends. If you mean for anything he's done then no. If you mean for how he's impacted expectations/confidence then yes.