Have you noticed?

[kentuck]

That the worse our government becomes, the better the markets perform?

Why is that?

No doubt, the strong economy is helping Trump as much as anything right now. If the stock market was dropping or the unemployment rate was going up, his already low poll numbers would be even lower - making it almost unbearable for Republicans to stand behind him.

Of course, he inherited a strong economy and a rising stock market from Barack Obama but Republicans would prefer folks to believe that their huge tax cut is the reason for all the good economic news.

The "markets" could care less what type of government we have so long as they are making profits and sharing dividends. Citizens should not confuse the two.

[sfwriter]

1. Wall Street is dominated by true believers...

Thats my take.

[unblock]

7. it's not a matter of belief, it's all about cynical profit.

there might be plenty of people who think the tax cut thing is horrible public policy, but nevertheless recognize that it will artificially increase corporate valuations and therefore but stock prices.

arguably, that's one of the *reasons* for it being bad public policy.

[Hortensis]

11. Right. Smart people worry about losing stability--in future.

But itm, the notion is that the tax heist and relaxed regulations mean profits to be made.

[Wounded Bear]

2. They've supported dictators overseas for decades for profit...

Might as well support one here at home.

[NRaleighLiberal]

3. my financial adviser's view - "the market has no heart or soul"

she thinks it does what it does independent (largely) of politics - it is its own world of wealth, risk and who knows what else.

She is also watching closely for signs that the party will be over for awhile (we both are) - gotta act fast once the big, inevitable dip occurs.

[Hoyt]

4. The market did well under Obama too. In fact, this market owes much to Obama's economy.

[unblock]

8. correct. any incremental effect from the tax cut is actually small in comparison.

[True Dough]

5. My theory is

that the greedy corporate bloodsuckers on Wall Street and elsewhere are overly exuberant because they know Trumpy is going to continue to craft policy that will benefit them in every way. Money is coming back into the markets because the risk factor of government doing anything to neuter shady practices is practically nil.

SAD!

[Yonnie3]

6. There is also a group of "investors" who ...

jump in after a large upswing. They are finally convinced that they are missing a good thing. They don't think about government much. When the market corrects itself, they pull out their money, cement their losses and swear off investing until near the top of the next bubble.

My not so tongue in check reason for selling before the housing bubble burst was, "when you see ads for grandma to open brokerage accounts for toddlers, the market is oversold."

[lagomorph777]

9. "The Market" is not "The Economy"

for most people, wages affect their lives; the billionaires' playpen does not.

[panader0]

10. 80% of stock is owned by the richest 10%.

[underpants]

12. Too late. I hear people talking about "The Market" all the time

I don't hear Trump's name because no one wants to talk about him but the implication is clearly there - that it's due to him.

[snooper2]

13. Actually most companies prefer a split government, Dem vs Repug either Executive vs Legislative

That way-

NOTHING GETS DONE-

When nothing changes, no new regulations, no new laws, essentially stalemate makes companies happy. Because they can predict that things will be the same in the future that makes planning easier.


This is pretty simple rule 101 for business.