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The Trump Bump
AZDuck
Member Posts: 15,389
in Tug Tavern
Looks like I'm right and Sleddoog is wrong (again).
Shocking, I know.
And the thing is, I'm not happy about economic bad news. But the acceleration in growth in the economy since January had been based on a belief that the Trump Administration would enact changes which would be good for companies' bottom lines.
To date, no structural change has been enacted by the Administration. We've been coasting on market confidence. Which was shaken this week, and that was reflected in equity performance.
Next week, who knows? After all-
Shocking, I know.
Several business leaders have since resigned from his advisory councils and a White House official said plans for a council on infrastructure had been dropped.http://fortune.com/2017/08/18/world-stocks-fall-trump-agenda/
These developments have dashed hopes for tax cuts and infrastructure spending, Trump campaign promises that fueled much of this year's gains in world stocks , emerging markets and commodities.
"Confidence that Trump's economic agenda will be implemented has waned in recent months. We did not emphasize Trump's declining support as a market factor (so far) because his base held. There are signs of it cracking," Mark Chandler at Brown Brothers Harriman told clients.
And the thing is, I'm not happy about economic bad news. But the acceleration in growth in the economy since January had been based on a belief that the Trump Administration would enact changes which would be good for companies' bottom lines.
To date, no structural change has been enacted by the Administration. We've been coasting on market confidence. Which was shaken this week, and that was reflected in equity performance.
Next week, who knows? After all-
Equities worldwide are still on track to end the week in the black, as fears have ebbed that the standoff between the U.S. and North Korea will lead to war.
Comments
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Equities no longer trade on market fundamentals.
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http://fortune.com/2017/08/18/world-stocks-fall-trump-agenda/AZDuck said:Looks like I'm right and Sleddoog is wrong (again).
Shocking, I know.Several business leaders have since resigned from his advisory councils and a White House official said plans for a council on infrastructure had been dropped.
These developments have dashed hopes for tax cuts and infrastructure spending, Trump campaign promises that fueled much of this year's gains in world stocks , emerging markets and commodities.
"Confidence that Trump's economic agenda will be implemented has waned in recent months. We did not emphasize Trump's declining support as a market factor (so far) because his base held. There are signs of it cracking," Mark Chandler at Brown Brothers Harriman told clients.
And the thing is, I'm not happy about economic bad news. But the acceleration in growth in the economy since January had been based on a belief that the Trump Administration would enact changes which would be good for companies' bottom lines.
To date, no structural change has been enacted by the Administration. We've been coasting on market confidence. Which was shaken this week, and that was reflected in equity performance.
Next week, who knows? After all-Equities worldwide are still on track to end the week in the black, as fears have ebbed that the standoff between the U.S. and North Korea will lead to war.
You just want Trump to fail so Sled can be wrong. -
You just want Trump to fail so Sled can be wrong.MikeDamone said:
http://fortune.com/2017/08/18/world-stocks-fall-trump-agenda/AZDuck said:Looks like I'm right and Sleddoog is wrong (again).
Shocking, I know.Several business leaders have since resigned from his advisory councils and a White House official said plans for a council on infrastructure had been dropped.
These developments have dashed hopes for tax cuts and infrastructure spending, Trump campaign promises that fueled much of this year's gains in world stocks , emerging markets and commodities.
"Confidence that Trump's economic agenda will be implemented has waned in recent months. We did not emphasize Trump's declining support as a market factor (so far) because his base held. There are signs of it cracking," Mark Chandler at Brown Brothers Harriman told clients.
And the thing is, I'm not happy about economic bad news. But the acceleration in growth in the economy since January had been based on a belief that the Trump Administration would enact changes which would be good for companies' bottom lines.
To date, no structural change has been enacted by the Administration. We've been coasting on market confidence. Which was shaken this week, and that was reflected in equity performance.
Next week, who knows? After all-Equities worldwide are still on track to end the week in the black, as fears have ebbed that the standoff between the U.S. and North Korea will lead to war.
LEARN HOW TO USE QUOTES!! HAHAHAHA!! -
Devs?
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These are the only Trump bumps IGAF about.
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Why do you hate the First Lady?PurpleThrobber said:These are the only Trump bumps IGAF about.
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Sledog will continue to fail miserably no matter what the economy does.
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Agree. They haven't traded on fundamentals in a long time.doogie said:Equities no longer trade on market fundamentals.
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Too old.dnc said:
Why do you hate the First Lady?PurpleThrobber said:These are the only Trump bumps IGAF about.
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@MikeDamone needs to take some remedial message bored courses
