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re: OT #TrumpTerrorists

Posted on 8/5/19 at 12:28 pm to
Posted by DawgsLife
Member since Jun 2013
58984 posts
Posted on 8/5/19 at 12:28 pm to
quote:

Presidents have almost zero effect on the markets. Or on the price of oil, for that matter.




I understand that, but they still get credit for it whether it is justified or not. They also tend to get the blame for a bad or stagnate economy.

That said, Trump did get rid of a lot of regulations Obama put on industry that hindered companies, and that allows them to make more money and see stocks rise.
He also torpedoed some trade agreements that were not good for industry.

Do they have a direct affect on the stock market? no. Do they have ancillary effects? yes.
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