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[USER=2975]@ducati916[/USER] is another member who nails alternative point of views & even at times clarifies missed information in a previous post in the vein of helping others. When there is a variety of views expressed - the education value increases.Let's talk about the U.S marketsI'm the first to admit that I have no interest in the US Markets but I do read [USER=4374]@bigdog[/USER] "NYSE Dow Jones thread" religiously. I'm also first to concede there is a correlation "a cause & effect" relationship between our market & the U.S markets. This correlation has prompted me to make a few comments of Trump, the pending US elections & the relationship to the U.S. markets.Stocks have surged under TrumpAt the moment the markets are cheering for Trump's re-election at the end of the year. Collectively traders are relieved that the US-China trade war has cooled - now the next hurdle to overcome is India.ConsensusIMHO - Traders around the world will be happy with another 4 years of Trump. It's worth remembering the S&P 500 has climbed nearly 50% with the Dow's annualised gain of 13% since Trump took office. Another consideration, the Nasdaq has had an 8% gain this year. After reading the stats above, to me an alternative President in the White House looks bleak for traders.Here comes BernieIt's early days but at the moment Bernie Sanders is the current frontrunner for the Democratic presidential nomination & surprise, surprise the markets are still going up, nudging higher to near 30,000 points. (discounting for the minor daily blips along the way)Why are the markets bullish?If Bernie keeps going that's a positive for traders & for Trump, in a nutshell Trump is pro-business.SummaryWe are all cheering for Bernie & if we aren't "we should be" because Bernie is actually making the markets bullish at the moment. Trump versus Sanders is a chalk & cheese comparison, meaning this match off (IMO) adds weight to the re-election of Trump - the main reason the markets are currently bullish.Skate.
[USER=2975]@ducati916[/USER] is another member who nails alternative point of views & even at times clarifies missed information in a previous post in the vein of helping others. When there is a variety of views expressed - the education value increases.
Let's talk about the U.S markets
I'm the first to admit that I have no interest in the US Markets but I do read [USER=4374]@bigdog[/USER] "NYSE Dow Jones thread" religiously. I'm also first to concede there is a correlation "a cause & effect" relationship between our market & the U.S markets. This correlation has prompted me to make a few comments of Trump, the pending US elections & the relationship to the U.S. markets.
Stocks have surged under Trump
At the moment the markets are cheering for Trump's re-election at the end of the year. Collectively traders are relieved that the US-China trade war has cooled - now the next hurdle to overcome is India.
Consensus
IMHO - Traders around the world will be happy with another 4 years of Trump. It's worth remembering the S&P 500 has climbed nearly 50% with the Dow's annualised gain of 13% since Trump took office. Another consideration, the Nasdaq has had an 8% gain this year. After reading the stats above, to me an alternative President in the White House looks bleak for traders.
Here comes Bernie
It's early days but at the moment Bernie Sanders is the current frontrunner for the Democratic presidential nomination & surprise, surprise the markets are still going up, nudging higher to near 30,000 points. (discounting for the minor daily blips along the way)
Why are the markets bullish?
If Bernie keeps going that's a positive for traders & for Trump, in a nutshell Trump is pro-business.
Summary
We are all cheering for Bernie & if we aren't "we should be" because Bernie is actually making the markets bullish at the moment. Trump versus Sanders is a chalk & cheese comparison, meaning this match off (IMO) adds weight to the re-election of Trump - the main reason the markets are currently bullish.
Skate.
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