Trump no longer talks a lot about the stock market. Here’s why (Pravda)

[corbe]

Trump no longer talks a lot about the stock market. Here’s why

By Niv Elis - 07/01/18 07:34 PM EDT

President Trump spent the first year of his presidency singing the praises of the stock market, which rose precipitously in anticipation of GOP tax cuts and business-friendly deregulation.

Nearly seven months into 2018, Trump barely mentions the markets anymore. The S&P still at 2,718.

Even as good economic news continues to make headlines, the stock markets have become volatile. The S&P 500, considered one of the best representations of the U.S. stock market, is hovering at the same level it was in late December and early January.

During his first full year in office, Trump tweeted the phrase “stock market” 46 times, almost once a week.

Since January 26th, when the market topped out at 2,872, and headed into a correction, Trump has only Tweeted about it twice.

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http://thehill.com/policy/finance/394898-trump-no-longer-talks-a-lot-about-the-stock-market-heres-why

[txradioguy]

I'm sure this trade war that Trump is getting us into with the rest of the world has traders on edge.

[truth_seeker]

I'm sure this trade war that Trump is getting us into with the rest of the world has traders on edge.

I'm sure this trade war that Trump is getting us into with the rest of the world has been factored into share prices for months.

I worry more about rising interest rates (which likewise are factored into share prices.)

[txradioguy]

I'm sure this trade war that Trump is getting us into with the rest of the world has been factored into share prices for months.

I worry more about rising interest rates (which likewise are factored into share prices.)

Yeah that's going to be a problem thanks to the Fed keeping them artificially low during the Obama years.  That and at some point the whole QE boondoggle will come back to bite us as well.