AFF Member Stock Discussion

Mods: this is an economic not political post
Two questions:
1. What do people think the Dow Jones will tomorrow which is the last day before the inaguration of Trump.
2. What do people think wiill happen post inaguration?

Yes it is a crystal ball but genuinely interested in what people think might happen
There is an old adage with stocks of buy the rumour, sell the news. I’d regard a lot of what Trump has said as rumours, who knows what actually happen but IMO it’s unlikely that he will do (and/or be able to do) everything he has ‘promised’ so the news may not meet the extended expectations.
 
There is an old adage with stocks of buy the rumour, sell the news. I’d regard a lot of what Trump has said as rumours, who knows what actually happen but IMO it’s unlikely that he will do (and/or be able to do) everything he has ‘promised’ so the news may not meet the extended expectations.
One would think that the mass deportation of illegal workers will mean that labour costs will go up in USA (like Australia during COVID) resulting in higher inflation.
But on the other hand with USA no min wages in some sectors it might not mean anything??
 
Well the head of the Federal Reserve has said he expects Trump policies to keep inflation high(er) and hence interest rates won’t drop much from here. I see no reason to disbelieve him.
 

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