To answer the headline question, the Market is in a Trump rally. We know this because investors buy with tomorrow in mind. The Market ALWAYS looks forward when investment funds are being considered. The Markets historic/record setting rally actually began with the Trump victory on November 8 . . . . . almost to the moment.
Also, consider the fact that a reduction in business taxation from 35% to 15% will result in profitable margins of nearly 20% after increased investment expenses. Of course the Market is looking forward.
Finally, Barack, with absolutely no background or education in business finance, administered the lowest GDP average (1.8%) in modern American history. No surprise. When a know-nothing is in charge of American's finances, of course budgets are never balanced, poverty increases, food stamp populations grow, and hourly wages remains stagnate . . . . emphasis on "of course."
Next question !!!
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