The stock market has formed a nice bullish bottom. Higher lows the last few weeks, and the Russell 2000 (my favorite) is going to close at a record high today. I thought we’d retest the lows from this year, but it’s like were good through the summer. Who knows what the fall will bring. Looks like Trump’s domestic polices are winning, so far! If Trump keeps the house this November expect 30,000 on the dow real fast…
Here’s a story in todays MarketWatch how Bonds, stocks and gold all falling at the same time. If Obama was prez. cons would be all over here posting how he was crashing the economy. And you’d the first in line.
Ok. Since January 1st, the Dow is down 60 points. It’s down 1800 points since its high on January 26th. Since 2017 the US dollar has fallen against the Euro, Pound and Yuan.
Hillary Clinton did win the nationwide popular vote, and she won a few of the battleground States such as Nevada and Colorado. Colorado’s economy has been in very good shape over the last several years. Clinton had some baggage, and she ended up being a bad match for the Rustbelt States. That is the main reason why she lost the Presidential election.