MARKET’S REAL PROBLEM IS OBAMA BUT TRUMP MIGHT STILL PREVAIL $UUP $NUGT $DUST $WFT $MU $BAC $JPM $FCX $XME $AKS $MT $X $CLF $JJC
The stock market’s real problem is Barack Obama.
Let me explain: For eight years the Republicans were united in their dislike of him, but now that he’s gone, they’re have difficulty staying united. The failure of the health-care bill Friday is proof positive that the Republicans are having a tough time without Obama around.
Now that the health-care plan has failed, investors’ focus will be on tax reform. President Trump may be able to lower corporate taxes, which would help the market the most. In addition, if he can make progress toward deregulation and infrastructure spending, the stock market would get even more of a boost.… Please click here or the title below to read more.
March 27, 2017