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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (19556)11/9/2016 4:16:46 AM
From: Elroy  Read Replies (1) | Respond to of 20435
 
Down only 250 points now

money.cnn.com

Trump bad for business on trade, good for business on regulation. I think the regulation benefit (cancel Obamacare, drill for oil, tax repatriation holiday, general tax cut, no increase in minimum wage, general pro-business approach, etc) outweighs the "trade war" harm, perhaps. It really depends on what how his trade protectionist plan turns out.

I'd say the drop today is 100% uncertainty, and not so much expectations that Trump will hurt economic growth. As long as he doesn't blow up everything, and/or offend the Chinese with a rude tweet.....



To: Glenn Petersen who wrote (19556)11/9/2016 5:06:58 AM
From: Taro  Respond to of 20435
 
Well, just a try - didn't sell any of my real holdings, though. Don't expect any longer term negative impact on the market either. Just another Media scare, I guess. Didn't help much :)