The stock market continues its stampede higher following the re-election of Donald Trump. The assumption is apparently everything will be awesome. I truly hope that is the case, but as I outlined the week after the election, there are several areas where I believe voters, investors, and the President-elect himself
As I've said since the election, there is no point right now trying to predict what will happen over the next year (or four). Based on my inbox, everyone has their predictions. Maybe it's because their marketing people tell them they have to, but based on my experience there is
Back in 2008 I coined a phrase, "Do not let your political opinions influence your investment decisions." I did this because we had a flood of clients and advisors with some dire predictions following the election of President Obama. This of course was based on some pretty extreme campaign talking
"You have to start my term from November 5th, okay? Or November 6th if you want ... November 5th, because the market's gone through the roof. Enthusiasms doubled. It's doubled in the last short while." - President-elect Donald Trump 11/14/2024
I don't know about you, but my inbox continues
Watching the stock market Wednesday through Friday last week, my brain couldn't help but keep singing this song.
I'm all for the stock market rocketing to all-time highs. Higher stock prices means higher account values for our clients. For most of the year we've been presenting what the DATA says
