Dow posts best week since 2011 after Donald Trump election win


#1

Dow posts best week since 2011 after Donald Trump election win

cnbc.com/2016/11/11/us-markets.html


#2

He is going to be nothing but good news for this country.


#3

He is going to be nothing but good news for this country.

:thumbsup:


#4

Interest rates were spiking too. Maybe the Chinese have been selling off their Treasuries in fear that Trump may default on some of the U.S. debt.


#5

Well, when you consider that the six greatest market crashes occurred under Republican administrations, enjoy the exuberant ride up while it lasts.


#6

If you look deeper into this, you will see the tick upwards was really caused by a handful of sectors, big pharma is one, since they were worried about HRC clamping down on their pricing, another is CAT, they are assuming Trump will have some big infrastructure projects going, including the wall, which will mean LOTS of heavy equipment needed. Steel was also up high.

Point is, its only been going up because they are speculating about some of the things he will do, and its causing rapid growth in some sectors.


#7

There may be some speculation out there but we won’t exactly know what will or will not happen until he is in office.

He promised “smart negotiations.” Business negotiations take months. I don’t see any country panicking right now.


#8

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