Will the financial bubble that has been rapidly growing ever since Donald Trump won the election suddenly be popped once he takes office?
Could it be possible that we are being set up for a horrible financial crash that he will ultimately be blamed for?
Yesterday, I shared my thoughts on the incredible euphoria that we have seen since Donald Trump’s surprise victory on November 8th. The U.S. dollar has been surging, companies are announcing that they are bringing jobs back to the U.S., and we are witnessing perhaps the greatest post-election stock market rally in Wall Street history. In fact, the Dow, the Nasdaq and the S&P 500 all set new all-time record highs again on Thursday. What we are seeing is absolutely unprecedented, and many believe that the good times will continue to roll as we head into 2017.
What has been most surprising to me is how well the stocks of the big Wall Street banks have been doing. It is no secret that those banks poured a tremendous amount of money into Hillary Clinton’s campaign, and Donald Trump had some tough things to say about them leading up to election day.
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5 comments:
Hell , do what obama has been doing for 8 years , print more money for his false economy.
Yes, the set up started over in 2008!
Democrats turn around awful Bush economy and markets are best ever at the end of Obama's term. Must be because the Republicans are coming in! Great logic.
could very well be.
"It is no secret that those banks poured a tremendous amount of money into Hillary Clinton’s campaign"
It would seem Trump's too since he's appointing so many bankers. The head of Goldman Sachs! You guys need to get your head out of the sand if you think he's going to be tough on banks.
Making me regret my vote.
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