View Single Post
  #20  
Old 12-07-2016, 09:48 AM
Dangerosa is offline
Guest
 
Join Date: Feb 2000
Location: Twin Cities, Minnesota
Posts: 22,568
Quote:
Originally Posted by drad dog View Post
Didn't don the con shake the markets yesterday by tweeting about boeing?

Maybe I missed your meaning?
Boeing got shook. The market is doing fine - even possibly better than fine. Which is to say that investors expect the Trump Presidency to be good for corporations - in the short term because as much as Warren Buffet says "invest for the long term" there are still a hell of a lot of people who think short term when it comes to stocks.

That doesn't mean that the market thinks a Trump presidency will increase geo-political stability, improve race relations, help working class Americans - the market has no opinion on that - just that corporations will be profitable and the rich will get richer.