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Adding vitriol doesn't make your ridiculous theory any more accurate. The markets had a sizable bump as soon as Trump won the election, and all indications are
by thesmallestcat 10y ago
Adding vitriol doesn't make your ridiculous theory any more accurate. The markets had a sizable bump as soon as Trump won the election, and all indications are of a business-friendly administration and house after eight years of a business-hostile administration. Things are looking so good for the first time in a while that the fed may be able to raise interest rates without worrying about tanking a fragile economy.
Ergo, there will be more people with more money to invest. Maybe they all decide that they hate software, but I'm not seeing it. The only thing that's "bad" is the strengthening US dollar, and that ordinary interest rates make a bank a reasonable place to put some money.
Sorry to pierce your echo chamber. And your "might be you next" threat? So tacky. As if the many startup software engineers here haven't been laid off before. And if anybody at Medium making/announcing this decision said it had something to do with Trump's election, I hope you've lost all respect for that clown.
- justin 10y agoHow was the Obama administration business hostile?
- drumdance 10y agoThe market went up 150% during Obama's two terms, the best eight year performance of all other US presidents except Clinton and Coolidge. It's because the economy has done so well under Obama that it can withstand Trump's nonsense, at least for the near term.
- SamReidHughes 10y agoIt started right in the dip of the 2008 recession...