Quote:
Originally Posted by nickh
Eddie stock market is crashing this morning, this is on your presidents watch!
I cannot purchase my inbread exotic sheep food as the prices have gone through the roof
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Presidents have very little impact on the stock market, but they still seem to get some credit when performance is good and more of the blame if markets are down.Typically, Congress and the Federal Reserve can play a bigger role in directly shaping markets, compared to the president. Fiscal spending legislation passed by Congress can influence market sentiment.Trump, like most presidents, they brag about the market when it is doing good. I will say this, Trump never saw a 20K jump in the market.
Sorry about your sheep, try grazing! They won't mind and it is a heck of a lot cheaper.