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Wednesday, May 17, 2017

Crumbling Trump and New Equilibrium

Sylvan Lane can give you the details explaining why US stocks are falling in the article referenced here.

What I want to address are two observations: 1) Stock investors love the GOP agenda because they will benefit greatly from it at the expense of the middle class and poor. They don't care because they are neither socially nor environmentally responsible. 2) Democrats must act to give hope that there will be carrots in their agenda that will favor growth from invention and modernization, including infrastructure investment that is elusive now.

America needs a bipartisan and stable government that is not going to come from the present crop including the Trump administration and Congress.

Get ready to ride the interim wave of temporary management including outsourcing the Department of Justice to Robert Mueller.

"Stocks fall as investors fear for GOP agenda: U.S. stocks on Wednesday experienced their biggest losses since September. 
The Dow Jones Industrial Average sank roughly 370 points on the day. The S&P 500 dropped 1.6 percent while the Nasdaq fell 2 percent. 
Wednesday's drop was the largest for the Dow and S&P since September, after months of stable gains and few slumps under President Trump. Investors came into the Trump presidency optimistic that he could work with Congress to pass tax reform, an infrastructure bill and financial deregulation. 
That initial optimism appears to have faded as trouble passing healthcare reform delayed work on building a consensus around tax reform. Some investors say they're losing confidence in President Trump and the GOP's ability to execute its economic agenda. I explain here:"

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