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Politics : Formerly About Advanced Micro Devices
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To: Rarebird who wrote (1033982)10/22/2017 12:54:57 PM
From: RetiredNow   of 1576006
 
On a positive note, Trump's pro-growth policies have had a very positive effect on business investment spending, which as any intelligent person knows is the key to getting the economy moving fast again...and it's the key to getting more people employed with good full time jobs, not the shitty fast food restaurant jobs boom that Obama's economy netted. So that is a good trend, which could get the earnings moving again. Nothing like a capital equipment boom to keep stocks elevated.

I'm ok with losing out on some further gains at this point. My overall portfolio has been on such a massive tear since early 2016, that it all just seems too much too fast for me. But I do like the changes in the economy I'm seeing under Trump. Now if his marketing people could just get him to keep his mouth shut and his tweeting silenced, maybe he could make more progress for us all.

Here’s the kind of spending that leads to bigger paychecks and a roaring economy
marketwatch.com
A push by the Trump White House to slash regulations and business taxes is also adding fresh incentive. Business investment “came roaring back this year in anticipation of pro-growth policies,” noted Sal Guatieri, senior economist at BMO Capital Markets.
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