General Discussion

vi5

(13,305 posts)

30. Really?

Wed Dec 7, 2016, 07:58 PM

Dec 2016

We have a President elect who has just appointed an army of foxes to guard every henhouse we have, and most companies are just sitting at the table with napkins tucked under their chins and fork and knife ready to go.

I always laughed when people said "Oh noes! Wall Street/The Stock Market/Businesses don't want President Trump! It will be a disaster!". Yeah, that feeling was based on the fact that Trump was talking about protectionist/isolationist moves that would drive up costs. Anyone with two brain cells to rub together could have told you that he wasn't going to do any of that stuff and that instead he would just open up the trough for all the monied pigs to do what they wish. And this stock market increase is going to do just that.

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Any thoughts why the market is up so much? [View all] still_one Dec 2016 OP

Financials, energy (oil, nat gas), health ins, pharma.. pangaia Dec 2016 #1

Especially financials. They have gone through the roof. You are right, that says a lot still_one Dec 2016 #17

Not really. elleng Dec 2016 #2

I think as someone pointed out it seems to be sector specific, especially with regards to the still_one Dec 2016 #18

Yes, 'anticipation of deregulation,' elleng Dec 2016 #21

Telecoms up, among others. elleng Dec 2016 #24

They really shouldn't allow the AT&T Time Warner Cable to happen, but who knows still_one Dec 2016 #25

IDK Calculating Dec 2016 #3

Markets move about six months ahead of Wellstone ruled Dec 2016 #4

Because the blinding light at the end of the tunnel is a train. Maru Kitteh Dec 2016 #5

+1. CrispyQ Dec 2016 #14

If anybody knew, they wouldn't be posting here taught_me_patience Dec 2016 #6

The only answer in this thread worth a damn. linuxman Dec 2016 #15

because the trend is up for the past few years and that continues? nt msongs Dec 2016 #7

Because Obama fixed all the problems GummyBearz Dec 2016 #8

To a large degree he brought the country out of the near economic collaspe that he still_one Dec 2016 #19

Continued easy money from the Fed Amishman Dec 2016 #9

The fed will be increasing interest rates though still_one Dec 2016 #20

Markets generally don't like not knowing what is going to happen el_bryanto Dec 2016 #10

Because they see opportunity and profits in deregulation Hortensis Dec 2016 #11

This is a good time to sell and hold cash. Yavin4 Dec 2016 #12

Even Bill Gross is recommending higher cash holdings and lower mnhtnbb Dec 2016 #28

Absolutely wrong....hold stocks.. hold until you see a market trend... Nancyswidower Dec 2016 #29

Under Obama, the only stimulus was from the Fed. Yavin4 Dec 2016 #32

That's horsecrap..."Under Obama, the only stimulus was from the Fed." Nancyswidower Dec 2016 #33

Investors are pricing-in lower corporate taxes & less regulations. dawg Dec 2016 #13

huge infrasturcture program? "the wall"? (sarcasm) still_one Dec 2016 #22

This edhopper Dec 2016 #27

It is inflating the next bubble that will crash the doc03 Dec 2016 #16

Not really....shouldn't you link something that supports your claim? Nancyswidower Dec 2016 #31

Just going by what I witnessed in the past with Reaganomics. I heard this morning doc03 Dec 2016 #37

Because they know they're free to do anything they want, anything at all . . . hatrack Dec 2016 #23

market pamdb Dec 2016 #26

Really? vi5 Dec 2016 #30

I smell a massive pump-and-dump bubble meow2u3 Dec 2016 #34

Must not be any actual investors here, just a bunch of impoverished Democrats? shanen Dec 2016 #35

Big money moving out if bonds ... Watch 10yr t interest rates... uponit7771 Dec 2016 #36

Instead of draining the swamp, trump is putting the swamp dwellers (Wall Street) in charge gollygee Dec 2016 #38