The Stock Market has always been a good indicator of how the economy and the nation are doing. Yes, it is a "speculative" instrument that can predict wrongly, but more often than not it predicts the future correctly. The market has been falling and though there was a bounce up the last two weeks, it is now making new weekly closing lows across the board.
I have been an official/public stock analyst for 48 years and right now the traders are looking at a strong down market ahead. If Trump raises tariffs next week as he has stated he will, the market will continue lower until such a time that the numbers come out showing the consequences of those tariffs, which are expected to raise inflation strongly. That inflation won't start to be shown for another 2-3 months, meaning that the expectations of that will continue to pressure the market until those numbers show exactly how much.
For now, further downside is to be seen. The DOW has OPEN AIR below to the 40,000 level (right now it is at 41,500). That is where the next area of support is located. If that area is broken, the 36,000 area will become the target. If that target is reached, you will have the market falling 20% in value. We have not had a 20% drop in value in the market since Bush Jr. was president (Republican President)
What is happening now is all due to Trump's actions.
Having said that, here is a "tangible" dose of reality that goes back 50 years and involves all presidents (Republican and Democrat), and it shows not only the stock market but shows the employment figures, GDP (economic growth), and income growth. These are real statistics and not lies or opinion.
and here is another chart that shows the difference in corruption, fraud, and taking advantage of the people (not helping them but using them).
Like I have always said "nothing is ever perfect (the negatives will always exist), meaning you always have to pick the best (or least worse) of the two".
Trump is actually the worst ever. Some of the negatives he has promised to fix are worth fixing, but his incompetence and the greed of those with him, will generate more problems than those fixed (if any).
I have been an official/public stock analyst for 48 years and right now the traders are looking at a strong down market ahead. If Trump raises tariffs next week as he has stated he will, the market will continue lower until such a time that the numbers come out showing the consequences of those tariffs, which are expected to raise inflation strongly. That inflation won't start to be shown for another 2-3 months, meaning that the expectations of that will continue to pressure the market until those numbers show exactly how much.
For now, further downside is to be seen. The DOW has OPEN AIR below to the 40,000 level (right now it is at 41,500). That is where the next area of support is located. If that area is broken, the 36,000 area will become the target. If that target is reached, you will have the market falling 20% in value. We have not had a 20% drop in value in the market since Bush Jr. was president (Republican President)
What is happening now is all due to Trump's actions.
Having said that, here is a "tangible" dose of reality that goes back 50 years and involves all presidents (Republican and Democrat), and it shows not only the stock market but shows the employment figures, GDP (economic growth), and income growth. These are real statistics and not lies or opinion.
and here is another chart that shows the difference in corruption, fraud, and taking advantage of the people (not helping them but using them).
Like I have always said "nothing is ever perfect (the negatives will always exist), meaning you always have to pick the best (or least worse) of the two".
Trump is actually the worst ever. Some of the negatives he has promised to fix are worth fixing, but his incompetence and the greed of those with him, will generate more problems than those fixed (if any).
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