Where is your post saying the stock market only is or the rich just a few weeks ago Tommy?Now its an issue again? Good to know
This run has been the second longest expansion on record. We're due for a down cycle. Not sure if the market is just spooked or early signs of something bigger. Like Peterman says, Presidents are the QBs of the economy and get too much credit and too much blame for performance. It was short sighted for Trump to brag about the economy as much as he did in 2017 and the beginning of 2018. Tax cuts without spending reductions and the trade war we're also stupid.Shit turns south hard before Trump starts campaigning for reelection and he won't be able to blame his way out of it. Book it!
This run has been the second longest expansion on record. We're due for a down cycle. Not sure if the market is just spooked or early signs of something bigger. Like Peterman says, Presidents are the QBs of the economy and get too much credit and too much blame for performance. It was short sighted for Trump to brag about the economy as much as he did in 2017 and the beginning of 2018. Tax cuts without spending reductions and the trade war we're also stupid.Shit turns south hard before Trump starts campaigning for reelection and he won't be able to blame his way out of it. Book it! Shit will turn south soon and he'll blame it on the Dem house. Cook it!
YTD gains in my portfolio before October started vs. after: