Quote:
Originally Posted by Hank Chinaski
Can someone who understands financial stuff explain how Trump's election has caused the stock market to go up?
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Perception there will be
Increased spending on infrastructure
Tax cuts and looser regulation
Plus when stuff goes up, people think the market is hot and buy. Don't forget Asia shit the fucking bed overnight. Yours truly was up all night unloading shit then rebuying when it was apparent that it was all going up.
Source:
http://www.nytimes.com/2016/11/10/bu...-election.html
