Looking now nasty and time running out for many on margins.
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Those concerns had been around long before yesterday. Easy to blame trump for everything as its easy now to blame Herdlicker for ATM's plummet.
The market is what it is. It always goes up. It always goes down - and at times falls off a cliff. But it always recovers. Put this date in your calendar for next year and when the day arrives reflect on the past 12 months. (Won't stop me grumbling in the meantime!)
I think you will find the the US economy is doing quite nicely at the moment. The stock market and economy are mutually exclusive at the worst of times and often on divergent paths. So the Dow dropping a bit is not really a reflection on Trump. If it is, that is fine, but then you have to give him credit for the huge run of the last 2 years as well.
And good for him. I watched during the 80's and 90's as 10's of thousands of Kiwis were thrown on the scrap heap for the sake of freedom of trade. We had brought in thousands of cheap labour then told them that they should be computer experts. Of course they supplied a convenient unlimited supply of very cheap labour. And we continue to add to their ranks. Love what Trump is doing. Lets hope we get a version of him here one day.