Quote:
Originally Posted by OneHungLo
I'm not trying to take away from your hard work but the economy definitely has an effect on your business and many of Trump's tax policies directly effect the economy. Take the stock market for example. When that rises, which it did because of Trump, people's 401k's go up, which directly effects consumer confidence. And when consumer confidence goes up people are more likely to spend money, which has an effect on your business.
|
yeah, no. most Americans don't have a 401k or stock portfolio at all. the stock market rise and impact was a trivial impact on my start-up, maybe ~3% at the most. in fact the stock market rise had very little impact on most Americans.