Thursday, December 20, 2018

In hindsight, the Dow growing 30% in 15ish months was probably always going to end in tears.

I mean, outside of the words "Business Friendly President", there was really no logical reason, or fundamental reason, or economic for why the stocks had the rally they did last year. Even the tax-cuts were always likely to have a less than woweffect given the real world tax rates most big companies actually paid pre-2017. Anyway, at 24, I'll gladly take this sale on DJIA, thank the Man (missed out last year's bull run because, broke) and get back to living.



Submitted December 20, 2018 at 03:29PM by Thami15 https://ift.tt/2Bv4S91

No comments:

Post a Comment