GNM 0.00% 1.2¢ great northern minerals limited

GPP - charts, something is cooking, page-798

  1. 104 Posts.
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    stocks may still rise if Donald Trump is victorious.

    Here are eight reasons:

    • Markets already discounted a Trump win with the recent 4% slide.
    • A Trump win could put Republicans in charge of the presidency, the House, and the Senate.
    • More than 100 business leaders have endorsed Trump, including Carl Icahn and John Paulson.
    • The market's performance is driven more by economics than by who is president. "Many investors will identify strategies based on the specific platforms of the candidates and eventual winner - this is intuitive and logical. "We looked at 6 precedent contested elections, and interestingly, found that portfolio strategy tended to follow prevailing economic trends, rather than platforms."
    • Markets did well even under unpopular presidents such as Lyndon B. Johnson.
    • The "enormously unpopular" Affordable Care Act, or Obamacare, would likely be repealed.
    • There are merits in Trump's economic plans, including corporate tax cuts and higher infrastructure spending.
    • Investors would focus on Trump's potential to reform Washington, or "drain the swamp," as he says.
 
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