Wednesday, June 28, 2017

Stock Market

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Obama is a few weeks away from leaving office and Donald Trump is helping him leave on a high point.

When Obama departs the White House on January 20th, he is likely going to leave after one of the strongest economic quarters during his eight years as president, but who is causing the boom?

After the stock market started the worst year in its history, it came roaring back only to lose the momentum and start to fall again starting in August. The troubles continued through the election.

Then something happened. Donald Trump was elected, and the stock markets responded in epic fashion by reaching its highest levels ever. Things turned around very quickly.

Black Friday shopping was up and people are spending again and a lot of it has to do with Trump and not Obama.

A Trump spending euphoria is spreading, as working class adults feel more comfortable with their financial future with the new president elect.

The incoming Trump administration isn’t just making America feel better about spending money; they are actually making a difference with jobs already, and that is fueling some of the euphoria.

Thursday, Trump and Mike Pence are heading to a Carrier facility in Indianapolis to announce that the heating and air conditioning manufacturer is going to keep 1,000 jobs in Indiana and not move them to Mexico as previously announced.

After Trump was elected, Ford also decided to keep the production of an SUV in Kentucky instead of moving it to Mexico.

As far as impact on the economy, the jobs are rather minimal. To the people that work in the factories saved by Trump, the jobs are very important.

The message that our economy is set to rise is resonating around the country and in the stock market.

If the Trump spending euphoria continues through the holiday season to wrap up the fourth quarter, Obama could have his best economic quarter in eight years. Something he can thank the president-elect for before ObamaCare is repealed in the first 100 days of Trump’s presidency.

Do you think Obama or Trump is fueling the “boom” in the economy? Let us know your thoughts in the comments below.

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stock market

The stock market dropped from August through October and signaled that the markets wanted a Trump. They got what they wanted, but what’s next?

Late on Election Day, when it looked like Trump was going to win, the Dow futures market took a steep nose-dive dropping close to 800 points.

That loss was almost completely gone by morning, and when the stock market opened the next day, it started to rise.

On Monday, almost two weeks from the election, the stocks hit all time highs. The Dow Jones industrial average broke the 19,000 barrier for the first time ever.

The only thing the markets are really responding to is Trump becoming president. The dollar is even up, but how long can this last?

This week is a holiday week and some of the busiest shopping days. Then we get into December and we start getting economic numbers in, then things could change.

On the week of December 11th, the Federal Reserve board of Governors will meet and decide if they are going to institute a rate hike.

Last December the Fed increased interest rates by a $0.25 and the markets tanked. We began 2016 with the worst start of a new year for the stock market in history.

If the Feds decide to raise rates we could see a similar sell off, but then if Trump is able to push through some of his economic plans, we could see the market bounce back up.

We are at an all time high in the stock market right now fueled by the printing of money from the Fed during the quantitative easing programs, and the speculation that Trump will be good for the economy.

At some point the house of cards will fall, and what Trump does to help correct the markets will be a true test of his presidency. Obama continued the same policies as George Bush and Bill Clinton. Trump was elected to change those policies, but we’ll see if it is as easy as Trump claimed during the election.

Do you think the stock market will continue to go up or will we have a major sell off to start the year? Let us know your thoughts in the comments below.

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stock market

It doesn’t matter what the polls say, the stock market knows who is going to win and today we find out who the market picks.

The stock market has been a great indicator of who is going to win the presidential election every four years.

How it works is rather simple.

If the S&P 500 is up between July 31st and October 31st of the election year, the incumbent party wins.

If the S&P 500 is down between July 31st and October 31st of the election year, then the challenging party wins.

This has been correct 86% of the time.

Sam Stovall, the chief investment strategist at CFRA explains the history of the prediction.

“Going back to World War II, the S&P 500 performance between July 31 and Oct. 31 has accurately predicted a challenger victory 86 percent of the time when the stock market performance has been negative.”

If that is true this year, then Donald J. Trump will be our next president because the S&P 500 is down 2.2% over the last three months.

The prediction has been very accurate, but this is no normal election year and 2.2% is not a huge drop.

If this prediction tells us anything, it is that Trump has a chance and that this election is going to be closer than anyone thought.

Do you agree with the stock market prediction? Let us know in the comments below.

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The End Will Happen In September. The end of what… we don’t quite yet know. The Internet is abuzz with doomsday prophecies and all of them point to September 2015! Some of them are just flat out crazy, but some experts are coming out and saying there is at least some truth pointing to disaster in September.

There hasn’t been this much hype about the world ending since the Mayans were wrong in December of 2012. This time around, current events are fueling the fire. Here is just a brief list of what the Internet is saying about “the end!”

* The Pope is the Antichrist and CERN scientists plan on running tests in September

* CERN will open Pandora’s box.

* The warnings must be true. Look on the back of this guy’s car.

* Then you have the solar and astrological events causing the end as well!

Some of the talk about the end is ridiculous, but then there is this side that not– as many people are tweeting about.

China has been in an economic boom for many years, buying the worlds oil, metals and commodities, but the Chinese stock market crashed last week to the tune of a $4 Trillion (yes Trillion!) loss.

Now all of those companies and international corporations that worked in developing countries to feed China’s demand lost their biggest client overnight.

Many of those companies are American, and many are overvalued, so there will have to be a sell-off. Combine that with the overall trepidation for investors right now, a crash of some type, or at least a major sell off, does seem very likely in September.

How bad the crash is depends on the blood moons I guess.


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