But my paranoia gets the best of me on the dramatic rise. It wasn't too long ago even Trump was saying the market needed a correction. Any idea if Trump is being setup for the stock market to "crash" (example - go from 20K to 15K), on his watch, and blame Trump? I just don't trust anyone right now, especially with the election trying to be stolen. Part of me feels Soros is trying some behind the scenes maneuvers.
I recall him saying so and i liked his honesty. Nothing is sure for now but he may be the one force that can cause a set of conditions to mitigate what was coming under Obama’s policies. Time will tell - Yellen has signaled a raise in rates and I haven’t heard Trump saying anything about it so it may be legit based on what his agenda is.
Trump was saying the market needed a correction when he thought that the strong market was helping his opponent. I feel quite comfortable saying he no longer believes the market needs a correction.
Similarly I do not believe he will ever criticize “loose” Federal Reserve policy again. That was a criticism borne of politics not monetary ideology. He believed Yellen’s loose policy was helping Clinton/Obama, but now that it’s helping him he will like it. I don’t believe he’s going to appoint a bunch of monetary hawks to the FOMC.