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Perhaps a sign of uncertainty? There seem to be many risk factors right now: - A government that is close to shut-down - A president that could get indicted o
by bluetwo 9y ago
Perhaps a sign of uncertainty? There seem to be many risk factors right now:
- A government that is close to shut-down
- A president that could get indicted or fire the special prosecutor anytime, either of which will cause rioting in the streets
- A fed that seems on-target to raise rates this month, which will have many ripples in the economy
- A stock market that is standing on it's toes to justify the lofty prices of the day
- The possibility of nuclear war with North Korea
- An enormous tax cut bill that is still being crafted whose impact is yet to be understood
- bluetwo 9y agoAll of these are reasons someone might conserve capital rather than deploy it.
- ericand 9y agoDespite all these the stock market is doing relatively well. In fact, the potential tax cut and Trump administration have lifted stocks. There are always a few concerns out there but I think most investors are feeling okay about political environment.