Posted on 11/28/2016 3:18:23 PM PST by 2ndDivisionVet
The post-election market rally can be attributed to President-elect Donald Trump's vows coming to fruition, CNBC's Jim Cramer said Monday.
"This is a remarkable rally because it's based on everything that this guy says like anything that Trump said is going to come true." Cramer said on "Squawk on the Street." "And I think that's because people just feel like the Republican Party's going to fall in line."
Major U.S. equity indexes have spiked since Trump's victory over Hillary Clinton in the Nov. 8 election. The Russell 2000 has notched its longest daily winning streak since 1996.
Cramer said some economist predict the Trump rally won't last much longer but he took a more optimistic view, saying economists need a more solid reason for why it won't last....
(Excerpt) Read more at cnbc.com ...
I had an Economics professor who argued that the market is indicative of confidence in leadership. Ask yourself, who is inspiring small and big business owners with their talk about Making America Great?
Trump said what people have been thinking the last 4-8 years. A lot of people have 401ks and while they may not be Warren Buffett, they see what zero growth has done to their portfolios.
Trump wins.
Clinton defeated and humiliated.
Obama legacy destroyed.
Democrats decimated.
DOW over 19,000
Yeah, I don’t think I’ll get sick of this winning stuff. Feels pretty f#$%ing good.
His ability to read and direct people is above average and I am SO waiting and ready for his administration.
I've been in the sales game and I know a good manager can make a winning team out of mediocrity.
Welcome, President Trump.
The Obama Presidency will be looked back on as the Dark Ages...
Will be? Already is for many of us.
That might be construed as racist micro-aggressive, anti-this, anti-that attack.
Whatever.....
But unless every 'of age' white female starts having 10 kids in the next 10 years, the return of the real 'Dark Ages' are inevitable.
The great and super fantastic Trump, the best thing to happen to the country in a long time, is unfortunately nothing but Ahab on the Caliphate Moby Dick.
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