LogFAQs > #882463051

Taswell posted...

Wanglicious posted...

the market just has had a rocket strapped to its back since Trump won and there's no end in sight.

http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

So basically it's been continuing the ascent it has been/

Wrst part about discussing Trump with my former conservative (because Trump ain't) friends who now worship him is this misconception he's doing anything for the economy.

I wish they could point to anyting he's done, any bill he's signed to ffect it, but they can't...i

yeah, pretty much. the idea many had in 2015 was that while it was a rise we had to be careful about it. the market was priced pretty high then but figure... election, insecurity, trump being Mr. "I don't know WTF he's gonna do." all those factors should make the market rocky for a bit.

and it was for like 3 hours before going NOPE and shooting straight up.
i do think he's done some work for the stock market, though i wouldn't really say he's done anything for the economy. stock market does seem to love a lot of things he promises to cut or fuck with that will ruin it for everyone else. basically you know that if you're a company, with trump and republicans in power, you are not likely to be paying more anything anytime soon, so that's gone. instead, they're working pretty damn hard to give you a nice tax cut. doesn't affect any ordinary person, does affect stocks and people with millions.
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"Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.