Trump killed the bull market that started under President Obama

[DemocratSinceBirth]

New York (CNN Business)Morgan Stanley thinks the bull market is already over -- investors just don't realize it yet.

"We are in a bear market," Morgan Stanley equity strategist Michael Wilson declared in a report to clients on Monday.
Even though the American economy is strong, Wilson argued that the market is sniffing out a sharp deceleration in economic growth and a decline in corporate profits.
"While 2018 is clearly not a year of recession, the market is speaking loudly that bad news is coming," according to Wilson, who has been skeptical about the market for months.

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40% of S&P 500 is already in a bear market
Despite the recent turbulence, the longest bull market in American history is still intact. The S&P 500 is trading about 9% below the record high it notched in late September. It would have to decline 20% from that all-time high to officially qualify for bear market status.
But under the hood, the bull market looks under siege. Morgan Stanley noted that more than 40% of the S&P 500 stocks are down at least 20%.

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https://www.cnn.com/2018/11/19/investing/stocks-bear-market-morgan-stanley/index.html

[spooky3]

1. I think a lot of it is that people are fearful of an

All out trade war.

[empedocles]

2. Bull market, not killed yet, is only bleeding so far

[Johnny2X2X]

3. His tax rates went into effect January 2nd of 2018

The market is down since Trump's tax rates went into effect. The ones he claimed would "put the markets into overdrive."