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Reply to "When do you think the stock market will crash?"
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[quote=Anonymous][quote=Anonymous]Obviously when Trump gets elected. According to Paul Krugman, the markets will never recover after Trump got elected. https://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout "So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened." I do think the market is overdue for a correction, but markets are cyclical - there is always a correction after a long bull market. I'm sure it will be blamed on Trump, [b] but his administration has done some great things behind the curtain to try to fix broken parts of the economy.[/b][/quote] This magical thinking is hilarious. He's riding the tail end of the Obama market, the tax cuts were a complete bust by every metric, but sure, he's "working behind the scenes" to "fix the broken parts." That's why factories he promised to keep open are still closing and farms are going under because of his stupid trade wars, right? His behind the curtain fixes? Or did he finally come through on a campaign promise and create some new coal mines? :lol: :lol: [/quote]
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