2) I do remember the "media" accusing W of trying to "talk down" the economy during the 2000 election.....
I hope they’re right...so I can load up more stocks.
The thing is the equity auction market is not the economy. It really is just a vehicle to exploit the economic gains of the economy. The whole problem with the Fed to begin with has been its obsession with the equity markets and its unofficial role of keeping market makers rich. This has been at the expense of Main Street for decades now.
We need to let interest rates float naturally and get the damn central banks out of the mix.
Lots of money to be made if one can spook the markets... love that shorting... (that said, I don’t believe this - and if they’re trying to manipulate the public for ‘other’ reasons they should be turned over to the SEC..
Typical NBC anti-Trump headline that does not even match the first line of their own story.
Then unwind the QE crud and get back to normal!
It’s called a correction. It happens after every sharp rally, you have a correction which gets stock prices more in line with fundamentals. They make it sound like the end of the world.
The market is anticipating a cut to corporate rates—they have it factored in. Let’s hope it happens. If some judge is bribed to block tax reform, or Soros and his manipulating allies have their way, our market could take a dive.