General Discussion
In reply to the discussion: Any thoughts why the market is up so much? [View all]shanen
(349 posts)The old brokers' saying goes "Buy on the rumor, sell on the news."
Right now they are buying on the rumors, and all the buying is driving the share prices up.
Later on, they will start getting the actual news, and they will start selling. A lot. Prices will be corrected. And how.
My own speculation on the worst news Trump will create would be a combined trade war and cyber war with Trump versus an alliance of China and India on the other side. Probably mediated via Nigerian mercenary hackers to keep their hands relatively clean. The problem is that the United States is tremendously dependent on computers and has almost no cyber defenses, while the Chinese are probably the worlds' leaders on the defense side, in addition to being much less vulnerable to attack. The Donald is still larning about "the cyber".
By the way, just reading some mathematical history and it talks about how tally sticks were involved in the origin of the word "stock" itself. You see they had these split sticks, and the monetary values were recorded in notches that went across the split. Each side kept one half of the split sticks...