I almost wonder if the market will revisit where the market was when President Trump was sworn in back in 2017. They are trying to cancel everything He did. This is going to get bad, very bad.
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No he didn't. What he did was reference the stock market repeatedly. The fed during his admin printed tons of money just like Obamas time and Bidens time.
After all that printing, they are simply selling their positions taking that money to buy real assets and trapping retail.
I understand what you are saying. Still President Trump did exactly what President Reagan did. He gave people confidence in the future. When people have confidence in the future they take on more risk... Stock Market, new business, things like that.
With Biden (the people behind him of course) confidence is gone.
That has nothing to do with the stock market though. It's completely out of his control. Obama did all sorts of shit to kill hope yet the stock market was rising...cause of cheap money.
That's all it is. Trump gave hope to Americans for America. The stock market is a globalist pit