President Trump = Stock market sell off?
President Trump's State of the Union Address this week went over just as strongly and with just the message that led him to the Presidency in the first place. Then the stock market rallied. Now, the stock market sells off.
With big earnings coming in this week (and most selling off including AAPL which got fairly wrecked fairly quick), January FOMC indicating inflation will hit their targets soon, Janet Yellen leaving, and the memo being released, this week had a lot of big news and the market reacted to that news overall quite negatively.
The markets divergence to President Trump this week is something that should not be ignored as it is the first time we have seen such action since he became POTUS.
Legal Disclaimer:
This is my opinion only.
This is for entertainment purposes only.
This is NOT financial advice nor a recommendation to buy or sell anything.
