Why Trump Claiming Ownership Of “Markets” May Not Be As Crazy At It Seems, by Mark St.Cyr

STRAIGHT LINE LOGIC

As Trump heralds each new high in the stock indices, he has predictably been warned that he’s setting himself up for a fall when the averages do. That may not be as self-evident as it seems. From Mark St. Cyr at markstcyr.com:

I want to pose something which I know currently flies in the face of what many (and of those many, many I respect immensely) are currently cautioning the President against. i.e., Claiming credit for the current rise and new lifetime highs in the “markets.”

As of this writing the Dow™ is within spitting distance of (once again) topping the previous never-before-seen-in-human-history-all-time-high, setting the new benchmark at 22,000. (By the time I publish it may be a fate accompli)

Many are calling for caution when it comes to the President taking credit implying this seemingly great “win” could end up being nothing more than a “boat anchor” around…

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Author: Lisa the Infidel

I am an #Infidel - born and bred North Carolina.

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