Quote:
Originally Posted by Mick
But isn’t it again the weird logic of liberals and the hysteria types that the big increases were all down to Obama and now the falls are all Trump’s doing.
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Well as you said a few posts back. It's been a year since Obama is out so this fall isn't to do with him. If Trump is claiming credit for a rise he is going to have to take credit for the fall too.
Personally I don't think Presidents have much of an impact on the overall economy unless they really break it somehow. Short-term measures can boost it but the underlying health is down to all sorts of things. This is a global sell-off and markets have a mind of their own. Part of this correction might be that the tax bill artificially boosted it and now it's reverting to the mean, part of it probably is the suggestion of higher inflation coming, part of it might be fear. Who knows?