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Donald Trump will be president and stocks will rally: O'Leary
CNBC ^
| Tom DiChristopher
Posted on 02/29/2016 12:47:47 PM PST by RoosterRedux
Donald Trump is bound for the White House, and when he reaches the Oval Office, stocks will "go straight up," said Kevin O'Leary, chairman of O'Leary Financial Group.
*snip*
Last month, Blackstone Group Chairman and CEO Stephen Schwarzman, a longtime Republican, told CNBC's "Squawk Box" that if he were faced with a choice between Trump and Texas Sen. Ted Cruz, he would "be really trying to figure out where we go."
Though he said he would opt for Trump in that scenario.
But O'Leary said he does not believe corporate America is truly afraid of a Trump presidency.
"He wants to solve the problems that we really have here in terms of straightening out the tax code, which I think is a big hold-back on these equity markets right now. It doesn't allow our companies to compete," he said.
(Excerpt) Read more at cnbc.com ...
TOPICS: News/Current Events
KEYWORDS: blackstonegroup; cnbc; kevinoleary; squawkbox; stephenschwarzman
To: hoosiermama; onyx; Jane Long; V K Lee; conservativejoy; RitaOK; Black Agnes; nopardons; ...
2
posted on
02/29/2016 12:48:20 PM PST
by
RoosterRedux
(When a man loves cats, I am his friend and comrade, without further introduction. - Mark Twain)
To: RoosterRedux
3
posted on
02/29/2016 12:49:32 PM PST
by
miss marmelstein
(Richard the Third: With my own people alone I should like to drive away the Turks (Muslims))
To: miss marmelstein
4
posted on
02/29/2016 12:50:25 PM PST
by
RoosterRedux
(When a man loves cats, I am his friend and comrade, without further introduction. - Mark Twain)
To: RoosterRedux
Recovering our Republic through the Free Market using small steps.
Liberty means nothing without (1) free market and (2) defense of the same.
5
posted on
02/29/2016 12:52:37 PM PST
by
Cletus.D.Yokel
(Catastrophic Anthropogenic Climate Alterations: The acronym defines the science.)
To: RoosterRedux
Thanks for posting...Interesting article.
6
posted on
02/29/2016 12:56:10 PM PST
by
Freedom56v2
(I stand with Sheriff Joe, Phyllis Schlafly, Jerry Falwell Jr, Sarah Palin, Pat Robertson, Willie :))
To: RoosterRedux
Praying so!!
Thanks for the ping.
7
posted on
02/29/2016 1:02:10 PM PST
by
Jane Long
(Go Trump, go! Make America Safe Again :)
To: RoosterRedux
But O'Leary said he does not believe corporate America is truly afraid of a Trump presidency. I don't think they should be. If Trump manages to push his tax plan through then it'll result in billions of extra dollars for stock buy-backs, dividend increases, and acquisitions of other companies. Those will likely cause stock prices to rise.
To: RoosterRedux
Mr. WONDERFUL !!!
9
posted on
02/29/2016 1:09:02 PM PST
by
SIRTRIS
To: RoosterRedux
They may also rally.....from vastly lower levels, too.
To: RoosterRedux
I may even get back into the market.
To: RoosterRedux
That’s too bad. I want a candidate that makes Wall Street shit bricks.
12
posted on
02/29/2016 1:35:28 PM PST
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: SIRTRIS
O’Leary plays a conservative on BNN but then takes public money to shill on the state broadcaster.
13
posted on
02/29/2016 1:36:17 PM PST
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: RoosterRedux
We are one domestic terror attack from a Donald Trump presidency.
14
posted on
02/29/2016 1:46:08 PM PST
by
Awgie
(truth is always stranger than fiction)
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