Quote:
Originally Posted by Rochard
Seriously?
Didn't we have a recession after Reagan left office?
Didn't Bush enact tax cuts? Didn't we have a MASSIVE recession as he left office?
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You are answering your own question.. "after" > when a democrat is entering the office the market reacts because they know higher tax rates will be imposed.
There's no doubt the current balloon will pop.. The question is can Trump keep it inflated until he leaves office.. So far, so good. If Trump decides not to run again and/or a Democrat contender appears to take his place, be prepared for a big crash.... Because business interests and investors will be preparing themselves.. If Hillary would have won we would be entering another recession by now if not deep into one. Imagine how it would be right now with that witch dueling with a Republican house and Senate. Absolutely nothing would be happening.