The Trump Stock Market

Why does the stock market go up when everything else is going down? They say that the stock market looks past the present into the future. If that's the case, maybe investors are looking forward to the end of Trump and a Biden presidency. That would be cause for optimism. Trump, of course, uses the the stock market as a measure of his economic acumen. If he thinks he is the cause for a rise in the market, he is right. The stock market is looking at his departure.

Comments

  1. Jon RosenthalJuly 14, 2020 at 2:29 PM

    Or maybe it's just that all that money that the Fed is pumping into the economy is ending up in the pockets of those already rich.

    ReplyDelete

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