There's a bear market on the horizon, probably sooner rather than later. It will be interesting to see how he reacts or if he pins it on the dems.
Need a recession, for a true bear market 'usually'...but liquidity can get pulled for a myriad of reasons external of our domestic markets. Markets chase yield, with risk assessment being key. Global macro perspectives can happen, thus causing risk on in other markets to go bid.
Fed policy changes...on and on...from a peak to valley perspective, the drawdowns don't last that long because of positive equity drift after doom n gloom.
Here's a good piece from Moon
http://www.mooncap.com/wp-content/uploads/2016/04/bear-markets-Mar2016.pdf
Trump deserves some credit on the economy. I don't believe he is entirely responsible and I am not for cutting all of the EPA regulations to improve the economy. I believe it is short sighted and unfair to future generations.
The tax bill is something that he touts as a major accomplishment, but I am taking a wait and see approach. Cutting revenue prior to cutting expenses seems stupid and he hasn't proposed a spending cut, in fact he has proposed a massive increase. Also, I am not convinced that the bill doles out the tax cuts in an equitable manner.
Trump deserves some credit on the economy. I don't believe he is entirely responsible and I am not for cutting all of the EPA regulations to improve the economy. I believe it is short sighted and unfair to future generations.
The tax bill is something that he touts as a major accomplishment, but I am taking a wait and see approach. Cutting revenue prior to cutting expenses seems stupid and he hasn't proposed a spending cut, in fact he has proposed a massive increase. Also, I am not convinced that the bill doles out the tax cuts in an equitable manner.
You ever going to answer GVs question?
Good for you. 5000 points of DOW and thousands of people getting bonuses directly attributibal to the tax bill might disagree. OF course the spending portion has to be handled in the budget, for which the House is also responsible. There's your wait and see. The tax plan so far is a yuge success. Jobs are returning, money is being repatriated, and my 401k is doing well. All good things. What you are waiting on in that regard I have no idea.Trump deserves some credit on the economy. I don't believe he is entirely responsible and I am not for cutting all of the EPA regulations to improve the economy. I believe it is short sighted and unfair to future generations.
The tax bill is something that he touts as a major accomplishment, but I am taking a wait and see approach. Cutting revenue prior to cutting expenses seems stupid and he hasn't proposed a spending cut, in fact he has proposed a massive increase. Also, I am not convinced that the bill doles out the tax cuts in an equitable manner.
Good for you. 5000 points of DOW and thousands of people getting bonuses directly attributibal to the tax bill might disagree. OF course the spending portion has to be handled in the budget, for which the House is also responsible. There's your wait and see. The tax plan so far is a yuge success. Jobs are returning, money is being repatriated, and my 401k is doing well. All good things. What you are waiting on in that regard I have no idea.
Hmm, not sure how I missed it. There isn't any question that the economy is doing well, my portfolio is doing exceptionally well. Deregulation and giant tax breaks tend to have that effect, though it be interesting to see how this is reconciled with a fiscally responsible budget.
I think it's a little to early to start pointing at the scoreboard, as I mentioned - we're way overdue for a market correction. I'd wager we'll end the year up, but only barely.
Real talk here with a real answer required on your part.
Say in 2020 your accounts are doing perfectly fine, maybe even to the point of being able to shave a year or two off your planned retirement. Would you:
Vote for Trump based on the economic indicators of this trend continuing?
Vote against Trump regardless of the (D), (I), (L), (G) nominee?
Not vote?
No answer will be held against you. At least by me.