• Midterm Elections: Gridlock Was the Best Possible Outcome

    1 month ago - By Forbes

    Last week the market voted to reward stocks in the aftermath of the midterm elections, which gave Democrats control of the House and left the Senate in the hands of Republicans. A divided Congress might very well be the only time gridlock is a positive.
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  • Update: For Fun, Stock Market as Barometer of Policy Success

    Update: For Fun, Stock Market as Barometer of Policy Success

    1 month ago - By Calculated Risk

    By request, here is an update to the chart showing market performance under Presidents Trump and Obama.
    Note: I don't think the stock market is a great measure of policy performance, but some people do - and I'm having a little fun with them.
    There are some observers who think the stock market is the key barometer of policy success. My view is there are many measures of success - and that the economy needs to work well for a majority of the people - not just stock investors.
    However, for example, Treasury Secretary Steven Mnuchin was on CNBC on Feb 22, 2017, and was asked if the stock...
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  • Trump makes baseless claim that the stock market is plunging because of the prospect of Democrats investigating him

    Trump makes baseless claim that the stock market is plunging because of the prospect of Democrats investigating him

    1 month ago - By Business Insider

    President Donald Trump attempted to link the possibility that House Democrats could investigate him to a recent downturn in stocks.
    "The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!" Trump tweeted Monday.
    After taking back the House in the midterm elections, Democrats could now look into the president's tax returns - and with them his finances and potential conflicts of interest.
    But while the investigations are a real possibility, most market analysts attribute the recent decline to weak guidance by major companies and fears over trade war...
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  • Trump blames downturn in stock market on expected investigations by Democrats

    1 month ago - By Washington Post

    Analysts cited weak Apple iPhone demand and concerns about General Electric as reasons for Monday's stock market drop.
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