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View Full Version : The 'yuge' Donald Trump market rally continues



Hans
11-10-2016, 05:30 PM
The Dow opened at a record high.

Many investors worried that a Trump win would be bad for stocks. In case you haven't heard this before, the market hates uncertainty. And Trump is uncertainty on steroids.

What's more, stocks have historically gone down the day after Election Day. It hasn't mattered much if it was a Democrat or Republican winning, if the incumbent party (or president) was re-elected or if the outcome was considered an upset.

Stocks even fell in 1980, after Ronald Reagan, the hero of the modern Republican Party, defeated Jimmy Carter. And the market dipped nearly 1% after Reagan's landslide win over Walter Mondale in 1984 as well.


http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html

They are wrong again.
The Dow just closed at a record high today, up 218 points.

Bluesky
11-10-2016, 10:16 PM
I thought of going to cash the day before. I'm glad I didn't.