12-24-2018, 07:44 PM
My retirement account has decreased by $23,000 over the last 6 months.
Normally, I wouldn't blame the President for stock market fluctuations. But, Trump took credit for the gains when most Presidents know better.
And, he chose to engage in trade wars which experts advised him against, plus he's attempting to intervene with the independent Federal Reserve. He needs to stay the hell out of it, he's just adding more uncertainty with his stupid railings against Jerome Powell.
So, Trump owns some of the downturn, in my view. Not all of it though -- the country had been in very healthy recovery mode for 10 years and some downward corrections were inevitable.
Normally, I wouldn't blame the President for stock market fluctuations. But, Trump took credit for the gains when most Presidents know better.
And, he chose to engage in trade wars which experts advised him against, plus he's attempting to intervene with the independent Federal Reserve. He needs to stay the hell out of it, he's just adding more uncertainty with his stupid railings against Jerome Powell.
So, Trump owns some of the downturn, in my view. Not all of it though -- the country had been in very healthy recovery mode for 10 years and some downward corrections were inevitable.