Earlier quoted context omitted.
Fantastic for my knowledge worker 401(k)!
Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That coupled with the dollar losing 10% of its value in a year, of course stocks are higher than before. Inflation and dollar losing value = winning!
That's been going on for many presidents in a row, in no way unique to Trump. Bush and Obama take the cake.
>That coupled with the dollar losing 10% of its value in a year
Is this some new virtue signal on BlueSky? USD is still trading in its channel at above historic averages. This is like saying the US market is crashing because we had a -2.5% day on Tuesday. Look at DXY and zoom out. It's been flat since May.
>of course stocks are higher than before. Inflation and dollar losing value = winning!
Three consecutive years of solid double digit market growth that has outpaced inflation and dollar valuation. Tell me you know nothing about financial markets without telling me you know nothing about financial markets.