General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDow Jones Ind. Avg up anoth 130 pts. to 20,400.
I thought Japan's decision not to buy US Treasuries was supposed to initiate a market downturn. I guess the equitjes market likes this?
spanone
(135,874 posts)nothing real
still_one
(92,395 posts)taught_me_patience
(5,477 posts)Plus the market knows that any downturn will be met with extreme fiscal stimulus now that a Republican is the White House.
dawg
(10,624 posts)They are too stupid and ideological to respond with an effective fiscal stimulus. Instead, they would respond with some sort of boondoggle or giveaway to the rich, which would be only slightly stimulative, because those people are already spending all the money they need or want to spend.
dawg
(10,624 posts)I think they will eventually have a Wile E. Coyote moment, when they will realize they've been running on air for the last ten yards, but that moment could still be months away.
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NCTraveler
(30,481 posts)That hasn't changed.
Right now Don is focused on his more racist and religious concerns. Major corporations can deal with that, even use it to drive sales.