Trump’s Tweets and the Market
Years ago, I invested in Ycharts. They are the best research tool on the web. They give you the power of an institutional platform. They have more than 50,000 stocks, ETFs, and mutual funds plus 4,000+ financial metrics with up to 30 years of history. It works in your web browser. No terminals. No installation. No crazy formulas and clunky interfaces. You can thank Sean Brown the CEO of Ycharts for compiling this data.
This data isn’t biased. It isn’t political. There is no hidden agenda.
When Trump moves the market he moves it more to the downside than the upside. That’s not a Trump phenomenon, markets always break more than they rally. Old traders enjoyed a bear market a lot more than the bull because there is more fear in a bear market to trade off of.
By the way, tariffs aren’t good for stocks if you hadn’t figured that out by now.
Today’s photo of the day comes courtesy of our shed and a spider.
Source: http://pointsandfigures.com/2019/08/03/trumps-tweets-and-the-market/
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