An Explanation for Market Volatility You’ll Hear No Place Else
Feb 6, 2018
RUSH: We have this mysterious roller-coaster stock market. Yesterday when the market was going through its gyrations and plummeting down, you know what the Drive-Bys did? They put a side-by-side of the Dow Jones Industrial Average with Trump speaking in Cincinnati and tried to make it look like Trump is the reason the market is plummeting. And one of the explanations that they’re giving — and this is not new. I’ve been familiar with this for a long time.
They’re saying that this economic growth, this wild economic growth and all of this job creation and the accompanying wage increases is putting inflationary pressures on the economy, and the Federal Reserve says, “We’re gonna have to raise interest rates,†and that supposedly is causing the market to plunge. What causes markets to plunge is uncertainty, and I’m gonna give you another ingredient — a potential ingredient — into this market seesaw, if you will, and that is this.
Not everybody in the market is a Democrat. Not everybody in the market is an uber-liberal. There are a lot of people in the market who I think are very, very alarmed by the instability brought about by this attempt to get rid of Donald Trump. Now, you’ll never see that excuse published. You’ll never see that reason given as an explanation for market volatility, but as far as I’m concerned, you can’t take that out of the equation here. So he there are a lot of factors that go into this. The market right now is up a hundred points.
more
https://www.rushlimbaugh.com/daily/2018/02/06/an-explanation-for-market-volatility-youll-hear-no-place-else/