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Home / Tag Archives: Donald Trump and the stock market

Tag Archives: Donald Trump and the stock market

Market Implications For Removing Fed Chair Powell

John Kelly – White House Chief of Staff James Mattis – Secretary of Defense Jeff Sessions – Attorney General Rex Tillerson – Secretary of State Gary Cohn – Chief Economic Advisor Steve Bannon – White House Chief Strategist Anthony Scaramucci – White House Communications Director Reince Priebus – White House Chief of Staff Sean Spicer – White House Press Secretary James Comey – FBI Director “Every week is shark week in the Trump White House,” wrote The Hill contributing author Brad Bannon in...

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Chairman Powell – You’re Fired (Update)

Since President Trump first discussed firing Jerome Powell, out of a sense of frustration that his Fed Chair pick was not dovish enough, he has regularly expressed his displeasure at Powell’s lack of willingness to do whatever it takes to keep the economy booming beyond its potential. Strong economic growth serves Trump well as it boosts the odds of winning a second term. This thought of firing the Fed Chair took an interesting turn yesterday when Mario Draghi, Jerome Powell’s counter-part in...

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Chairman Powell – You’re Fired

“I’m a low interest rate person” – Donald Trump 2016 On Donald Trump’s hit TV show, The Apprentice, contestants competed to be Trump’s chief apprentice. Predictably, each show ended when the field of contestants was narrowed down by the firing of a would-be apprentice. While the show was pure entertainment, we suspect Trump’s management style was on full display. Trump has run private organizations his entire career. Within these organizations, he had a tremendous amount of unilateral...

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Don’t Worry About Trump; Worry About Earnings

If you’re concerned about President Trump’s influence on the stock market you’re concerned about the wrong thing. That’s not because political leaders – and their problems — don’t influence stock prices temporarily, but because if you own stocks you should own them for their long term earnings prospects (which is why retirees should have reduced stock exposure). Stocks are ownership units of business. And although the political climate influences the business climate, a stock’s price...

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Don’t Worry About Trump; Worry About Earnings

If you’re concerned about President Trump’s influence on the stock market you’re concerned about the wrong thing. That’s not because political leaders – and their problems — don’t influence stock prices temporarily, but because if you own stocks you should own them for their long term earnings prospects (which is why retirees should have reduced stock exposure). Stocks are ownership units of business. And although the political climate influences the business climate, a stock’s price...

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