The US market may crash because Trump isn't one of 'them' that has the hand in the pocket of the Whitehouse and Congress, thus the removal of the free punch bowl will be the first thing... and way way overdue.
But the major concern would be with the Fed and Treasury with the ceasing of money printing to fund yearly trillion dollar deficits, and rising. Reality will strike Trump, as the people in the know will know, and that he would be between a rock and a hard place. To halt the Fed and Treasuries activities would crash the market and cause chaos in the local and overseas economies. Also raising rates is near on impossible because of the USA's gargantuan debt. THUS he will have to find other means to get to the Stock Market games, ie fees on HFT transactions, taxes on the super wealthy and so forth..to claw back money elsewhere. AND if he is true to his word and reduction in overseas military bases of which the US has a massive number. AND instead of fighting Russia work with them. Likewise end subsidising Saudi Arabia, Israel, Turkey, Iraq at massive costs.....
Just like Brexit the pre-worries of doom and fear wont manifest so much in reality.
The question we want to know is will the massive manipulation of the paper gold market to continue..
The US market may crash because Trump isn't one of 'them' that...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.71 |
Change
0.250(1.86%) |
Mkt cap ! $15.75B | |||
| Open | High | Low | Value | Volume |
| $13.76 | $13.82 | $13.57 | $108.5M | 7.907M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110631 | $13.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.71 | 48528 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |