Yesterday, I posted Why Obama Was Great for the Stock Market. IMHO, Trump is great for stock market for the same reason, there is no sign of exuberance. In fact, this market continues to be the most unloved bull market ever. However, the cause it different. In Obama's case, it was the administration's policies. In Trump's case, it is his unpredictability and impulsiveness. Many pundits, professional investors and retail investors are quite sure that the market will crash soon, which is keeping the market from being overheated.
So despite being the longest bull market ever, I expect the stock market to continue to grind up 10-20% to new highs by the end of the year.
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This is not financial or investment advice. Please consult a professional advisor.
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