Trumps killing off a lot of things which might improve business $$$'s wise atleast, really bad in just about every other way, but at the expense of people the markets could initially do very well. So up!
%% Mr Pekalo; A bear market is so much overdue, that just confirms its about probabilities[ which you maybe meant] more than prediction. BUT any bear market would not have much to do with one man, [Pres]out of a pop of 318 million+ If you watch 3- 5 minute charts all the time Mr Trump-Pence could make noise, for 3- 5 minutes.Mr Carl Ichan is quite a brillant business man; but being a tax raiser- thats stupid, but i like him anyway. IF they're dumb enough to do a Senator Smoot-Haley tariff[TAX],again,LOL look out below 1929?? ??? Good question
People, we need less blabbering and more NUMBERS! By how much? Is it really that hard to post a number?
The simple response would be up 20% from the day before Trump won the election. If corporate tax rates are cut 20%, then company earnings would climb 20% and you would apply the same S&P market multiple to earnings. So the S&P 500 closed at 2139 on Nov 8th. If the everyone's earnings climb by 20%, then you end up with 2566, up 20%. If this is correct, everyone makes a bundle and should cash out in 2018. Market gurus are paid to make noise - they get it wrong too, but this is the math that wall street will follow.