Am not surprise if Dow close green. Personal tax cut, corporate tax cut, jobs back into the US, manufacturing back into the US will help the US more. See if this really happen.
is easy to say than done. Move job back to US will increase the capex, unless the American is willing to accept wages same as Asian? :) Things have to be in balance, blue collar manufacturing moved to Asia for a reason.
The Funds managers and investment banks wanted to take advantage of the market by creating panic in the public due to political uncertainty of the new president. They control the medias and they are deep pockets so its very easy for them to disseminate perceived negative information from their own expert analysis. They can only make more money during the uncertainty period whether in stock market, forex , commodity and etc.
Big boys or market makers throw the shares to create panic to the retail investors to follow suit. Their purpose is to flush out retailers especially margin players. I don't care Grexit, Brexit, Trump.....it's not end of the world and the stock market is still available there. What's important is the quality of the companies that we are invested any future growth in revenue and profit. Of course, there are some margin players may not able to sustain the pressure from share price plunged due to panic selling even invested in good quality companies.
Well...well...not surprise. Russia, Paris, London and Frankfurt are all green now. Earlier on losses more than 1%. Almost similar to Brexit, Grexit and US Clif...create panic to gain both ways.
Good to see how Bursa react tmr and also Dow closing.
Trump is the game changer....His action is unpredictable but certainly offer a boost to the market. He has given an impression to the people that anything is possible so bull run confident resumes in Dow Jones.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ktsk88
5,284 posts
Posted by ktsk88 > 2016-11-09 16:50 | Report Abuse
Trump wins is much needed for a complete changes in the US economies and the world for particulars. I supports his visions.
Hope TPPA is aborted completely coincide with his stance announced earlier.