There is also the nagging problem of the narrowness of the stock market's rally since Election Day. Consider that on Friday there were just 220 net advancing issues on the NYSE compared to nearly 2,000 during Monday's "Hillary is saved!" rally. Or that just four Dow stocks — Goldman Sachs (GS), Caterpillar (CAT), JPMorgan (JPM) and Home Depot (HD) — were responsible for half the index's gain last week. Or that the performance divergence between the Dow and the tech-heavy Nasdaq (down on fears of a clampdown on skilled H-1B visas used heavily by Silicon Valley) was the largest since the financial crisis.

rd95

user-inactivated:

Ok. So let me see if I am reading this right.

Numbers look higher as a whole on the market right now, but that's just because a few businesses are selling really well to kind of fluff things up.

Businesses are confused about how to spend their money because they think the American government isn't going to prop the economy up anymore with cheap loans and low interest rates. To make matters worse, inflation is a huge issue and China (who we owe a lot of money to) and Mexico (which is our good neighbor and economic friend) have uncertain futures to the value of their currencies and if Trump becomes an economic isolationist, this will agravate their currency problems.

Am I getting that right? How does inflation affect housing? Cause I'm asking for a friend . . .


posted 2715 days ago