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eleny

(46,176 posts)

5. An interesting article in The Week

Reply to HassleCat (Original post)

Thu Nov 24, 2016, 01:49 PM

Nov 2016

http://theweek.com/articles/663522/why-stock-market-excited-president-trump

"....Except there are plenty of scenarios where profits can go up without any accompanying growth in jobs or wages. In those cases, the economy isn't growing; companies are just extracting more of the wealth their workers create and distributing it to stock owners where it circulates endlessly."

How can that last without bursting.

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Highlight:

Trump bubble coming? [View all] HassleCat Nov 2016 OP

My bet is it's going to go up and then crash as typically happens when republicans get into RKP5637 Nov 2016 #1

There will be a spectacular crash in about a year flamingdem Nov 2016 #2

most financial market dives are caused by forces, events outside the country bigtree Nov 2016 #3

And.... PoorMonger Nov 2016 #4

An interesting article in The Week eleny Nov 2016 #5

I'm thinking about getting out of the stock market the day after its inauguration. MoonRiver Nov 2016 #6

I got out the morning after the election bhikkhu Nov 2016 #8

I thought about doing that too. MoonRiver Nov 2016 #9

Definitely - been there, done that bhikkhu Nov 2016 #11

And it will blow right when many of us are on the cusp of retirement. BigDemVoter Nov 2016 #7

Yep. 6 months to a year of an economic candy-high, then brace for the crash... backscatter712 Nov 2016 #10