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We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
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Investors exuberant as Trump signals shift from austerity era
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- Goose
- Cogito ergo sum
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- Registered: 1/29/2015
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Re: Investors exuberant as Trump signals shift from austerity era
Wall Street doesn't fear trump.
They know he won't drain that swamp either
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- tennyson
- Exchanger
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- Registered: 2/06/2015
- Posts: 6,654
Re: Investors exuberant as Trump signals shift from austerity era
Goose wrote:
Wall Street doesn't fear trump.
They know he won't drain that swamp either
I think is that they really don't know YET exactly what will be done. Some, however, are speculating what to buy now. Some of thought are banks and financials will do well because of relaxing regs, same for fuel industry relaxing regs, as well as those who would benefit from infrastructure development (BOTH candidates wanted that). Personally I went cautious a week ago and will remain that way till mid 2017. It helps me sleep at night right now.
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
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