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Politics : Politics for Pros- moderated
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To: carranza2 who wrote (651804)2/1/2018 1:02:21 PM
From: skinowski   of 793855
 
Taleb can't help it... he's always fun. Inter alia, he says the same thing I've said more than once - Trump should avoid claiming credit for the markets. Taleb makes a good point -- Obama "bought" the market near bear market lows -- OTOH, Trump took office after several "fat years", when valuations were becoming more risky.

As we know, since last spring the markets did exceptionally well - but still, looking forward, if Trump claims credit for the Bull, at some point he will be assigned undue responsibility for some future (inevitable) Bear.
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