General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock market isn't fazed in the least about Russian involvement. Maybe Lenin was right when he
said we would be more than happy to sell someone the rope that hangs us
taught_me_patience
(5,477 posts)fiscally accommodate and boring... just what the market likes.
klook
(12,151 posts)so when (or if) they come, there may not be any significant new gains from them.
Obviously, predicting the market is a fool's game, but that's my 2 cents' worth.
Johonny
(20,811 posts)Investors are betting the GOP won't mess up the economy, Russian leaks, diplomatic gaffs and the like are all good because it means Washington isn't stepping on the current economy.
I'd worry once Obamacare gets axed, the tax rates change, and the government pulls out of aiding the poor. Sell in May and go away could really have special meaning this year.
delisen
(6,042 posts)seem to view Russia as that new market with potential for huge profits. Among the plusses natural resources, a strong leader who knows how to control the citizenry and who is pro-development, great stability-a government that won't be changing.
Minus factor: Sanctions
How many of the pro-Trump folks high up in business and government have ties to Russia?
Former Republican legislator, Jack Kingston, GA was in Russia recently. His law firm has office there. Kingston has been a vocal Trump backer.
There may be many Trump backers in big business or associated with same, who would prefer that Russia win out over the NATO alliance.
Human Rights vs Opportunity for Huge Profits.
cbdo2007
(9,213 posts)A correction is already overdue and the powers that be are squeezing every last bit of "hope" out of the Trump bubble before he gets impeached which will send the Govt and the markets into turmoil when a correction could occur.