Posted on 12/07/2016 12:01:56 PM PST by John W
NEW YORK (AP) — Stocks are leaping to all-time highs in a broad rally Wednesday afternoon. Investors are seeking out stocks that pay large dividends as well stocks that tend to do better in times of faster economic growth, like technology and industrial companies. Drug companies are taking steep losses after President-elect Donald Trump said he wants to reduce drug prices.
(Excerpt) Read more at wwlp.com ...
Time to party like it’s the Reagan Era again!
Women and children hardest hit...
Wasn’t electing Trump supposed to crash the Stock Market? Sooo confusing. /sarc
... the harder they fall.
Already Making America Great Again!
Yup.
About ten months from now I figure.
Turns out the analysts like the idea of 15% corporate income tax and less meaningless regulations.
And a strong dollar. We are attracting investment from all over the world.
I love it. But it needs a correction badly. Everything is so high right now. My investments are so great but really the fall is going to happen.
Been predicted for a long time for many reasons. When will it actually happen?
“Been predicted for a long time for many reasons. When will it actually happen?”
~~~~~~~~~~~~
Before January 20th?
Have a good friend who’s been “in cash” since 2010 waiting for the great collapse, rioting in the streets etc. There has been a LOT of upside since 2010.
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If you don’t have a substantial position in both cash and metals, you are in for “interesting” life changing times.
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You should ask one of those economists who accurately predicted seven of the last four recessions. :-P
The stock market is not always rational or technical based. It is also relative to other places in the world. Years ago the EU was the up and coming investment, and the dollar was outdated. Then China. Now, the EU is falling apart, and China is past its peak too. People around the world will be sending their money here to get into dollars. Even if their investment breaks even, the rise in the dollar gives them a return when they convert back to their own currency later. It isn't a surprise that the first big investment after Trump's election is from a Japanese company. Nor is it a surprise that Foxconn is looking to invest here.
Yes, someday the tides will turn, and everyone will want out of dollars, but it won't be in the next few weeks, or months, and maybe even years. Till then, enjoy the wave.
Don’t much care for the commodity market (metals). Do like owning real estate in order to diversify.
And the media is doing its best to attribute it to anything other than Trump.
That’s why this headline now at marketwatch.com.com shocked me———
Stock market’s record run signals that fighting the Trump rally is a losing battle
“My investments are so great but really the fall is going to happen.”
And when it does, I will buy! Far too many people think they have a grasp of free market principles, and try to make the economy a pie of their mind’s creation.
You are correct, a fall will happen, and then a rise, and then a fall, and then a rise, repeat.
We call it the stock market. If by fall you mean crashing freefall, look for that to happen the next time a democrat president looks like a possibility!
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