2016 Postmortem
Related: About this forumNotice that right-wingers are silent about the stock market these days?
They're always talking about how Dems and "big government" and "regulatory uncertainty" are bad for the markets.
Well, Obama has presided over one of the best stock market periods in a very long time. And every trader on Wall Street knows a Trump victory means a drop of 5% or more. Where are Larry Kudlow and Stephen Moore and the rest of the supply side idiots talking about how the market knows best?
misterhighwasted
(9,148 posts)apnu
(8,758 posts)Most think he's not going to win and think that's a good thing. They're rather have Hillary, who they believe will be at least stable and reasonable, if not market friendly, despite them all being life long Republicans. None of them wanted Trump. Not one. They can all smell the crazy on that jack ass.
Jason1961
(413 posts)They're doing everything they can to convince people that this election is just like Brexit, Reagan etc etc etc
LonePirate
(13,426 posts)LAS14
(13,783 posts)... they attributed it to the announcement about no criminal charges from the FBI. That was the thing that moved the market UP.
Wounded Bear
(58,670 posts)the market started to slide after the first letter, then bent back up steeply after the letter that 'cleared' her.
I know, correlation not causation, but it looks pretty startling when you compare the dates to the graph.