Recently, my mum has re-emphasized to me that the bull market is the result of DT being the US president.
This is the 3rd time I heard it from her. I had always brush her off as I don’t believe that is the reason.
However, my sudden enlightenment recently made me felt that DT could really be the reason for the current bull market.
The bull market could mainly be due to DT’s protectionism policies that created a better economy for the US citizens. More companies hiring US citizens, more jobs, more pay, more spending, etc…
Furthermore, the current tax rebate policy will allow corporations to report EVEN better earnings report this year. Do note that 2017 is supposed to be a very good year for many companies.
Thus, when the US market reacted positively to DT’s policies, the global markets also reacted the same way.
A booming US …