05-11-2024, 06:21 PM
(05-11-2024, 04:11 PM)Mike M (the other one) Wrote: Ok, the SM started trending up right before Trump became POTUS, and then continued to climb once he was in office.
Right now, it's trending up again and most likely because Trump is leading in the polls.
Regardless of what either of you think, it does look forward. Many investors are already anticipating the SM to sky rocket if Trump wins.
What Trump is saying is fairly true. But it won't be a bloodbath if Biden wins, it will just turtle along for another 4 years. Do you not pay attention to your investments?
The highest market levels of the Trump Presidency were AFTER he lost the Nov 2020 election and except for 1 brief dip (which still matched the highest Trump level) in 2022, when the Fed started raising interest rates to combat inflation, it has gone up ever since.
Fueled by the pursuit of greatness.
