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<blockquote data-quote="JL 0513" data-source="post: 3259415" data-attributes="member: 50088"><p>It has almost everything to do with the fact Trump was elected with a majority Republican House and Senate. Investors largely operate based on future speculation. The market has reacted to the promise of tax cuts, particularly business tax cuts. </p><p></p><p>Can you say with a straight face that the market would have grown this way with a Hillary win? A person who would never entertain a business tax cut. </p><p></p><p>What's particularly remarkable about this run up is that it started when the market was already high, not after a crash where a normal speedy recovery occurs.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 3259415, member: 50088"] It has almost everything to do with the fact Trump was elected with a majority Republican House and Senate. Investors largely operate based on future speculation. The market has reacted to the promise of tax cuts, particularly business tax cuts. Can you say with a straight face that the market would have grown this way with a Hillary win? A person who would never entertain a business tax cut. What's particularly remarkable about this run up is that it started when the market was already high, not after a crash where a normal speedy recovery occurs. [/QUOTE]
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