Skip to comments.Donald Trumpís inauguration set to unleash a cascade of stock-market anxiety
Posted on 01/20/2017 5:05:27 AM PST by expat_panama
The day of reckoning for the Wall Street is nearly here. Donald Trump is set to be sworn in as leader of the free world and the level of consternation in the market is palpable.
That is not to say that equities wont continue to carve out fresh records, spurred by animal spirits; or that Trumps promise to make America great again wont come to fruition, leading to halcyon days for investors from the lowest sociopolitical rung to the deepest-pocketed 1%...
...Im dying to look back at this and like the outcome, Blankfein said on Wednesday during an interview on CNBC at the World Economics Forum in Davos, Switzerland.
In one chart: How stocks perform in a new presidents first 100 days
If Trump can tone down the antitrade rhetoric, his platform of spending, lower tax rates, and deregulation should bolster growth. But the market got ahead of itself...
...Many on Wall Street are doing the calculus and determining that there are many known unknowns to grapple with, borrow a term from former Secretary of Defense Donald Rumsfeld.
Heres how research firm Acritas Research has depicted the risks and benefits of a Trump presidency (see infographic below):
...In the 72 days since Trump won the election, he has jawboned the dollar DXY, +0.19% lower, and continued his threats to build a wall along the U.S.-Mexico border, blasted the press, accusing them of reporting fake news after uncorroborated allegations that members of Trumps team held clandestine meetings with Russian officials surfaced.
He also has taken credit for multinational corporations, including General Motors GM, -0.45% Wal-Mart Stores Inc. WMT, -0.72% United Technologies Corp. UTX, +0.28% unit Carrier Corp., keeping jobs in the U.S., and for some fostered a sense of economic optimism.
Time will tell...
(Excerpt) Read more at marketwatch.com ...
fwiw, this is the Trump rally we've been enjoying:
--and here's the chart the article had showing why...
The Market (Wall Streeters) foolishly believed the rigged polls and were betting on the wrong horse. Raise your hand if you feel sorry for them. It seems they don’t want the swamp drained because it’s THEIR swamp!
they were telling us the markets would tank the day after his election. That didn’t happen. Forgive me if I don’t blindly assume their latest prediction of doom and gloom
Just ask George Soros, who bet on the market to decline after Trump was elected, and in doing so lost nearly $1B in wealth. Nicely done, George!
Stocks took a stumble yesterday, down less than 1/2% in mixed trade but today we got futures traders saying we'll be getting most (if not all) of that right back. They're flat on our precious metals w/ gold and silver now trading at $1,207.75 and $16.89.
We finally get a break from our econ stat people --it's been a busy week from Tuesday's moderate CPI and strong Industrial Production thru yesterday's super housing starts (full list here)
Active econ threads:
Animal spirits? What a load of crap. The market is running in anticipation of less regulation, ie; Obamacare. I'm placing a bet prior to today's opening in anticipation of a flurry of presidential EOs.
This is just fear porn
Created to instill doubt
Soros ordered it
Don’t these dopes ever get tired of being WRONG?
Brexit is bad, er, uh, never mind.
Trump will destroy the mark-, er, uh, never mind.
The economis system is a shell game at best..let it fall and be reborn from the ashed,,
The economic system is a shell game at best..let it fall and be reborn from the ashes
Investors should just sit tight for a few days and wait for any sudden fluctuations to blow over. Gamblers can try to hit the jackpot, but have nobody to blame but themselves if they lose big.
What I'm planning on is that after an inaug. w/o violence stocks will soar. Right now I'm well, 'uneasy'.
Brexit woes forecast II.
Wait for it.
Like they haven’t known he would be President since November? Two and a half months?
Let it go down. I’m going in again.
I thought the election was supposed to do that? Looked at what happened.
That is one possibility, and if you sell high, you're a winner. On the other hand, stocks' declining is a possibility. Planning to buy or sell on this basis is gambling. Waiting out fluctuations that are unrelated to a company's real business success is investing.
I think the smart money is to invest in ‘fashion industry-related’ stocks. Every woman is going to want to wear whatever Melania is wearing on any particular day.
Thank Goodness the, ‘Era of the Boob Belt’ and sneakers is OVER!
There’s your, ‘you can take that to the bank’ investment tip from me. ;)
Trump WILL Make America Great Again.
As I sit here, the market is up 80 pts.
I think we’ll be fine.
I thought we were dancing on the threshold of 20K for weeks now, known as the Trump Bump.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.