MTZehvor on 11 November 2016
vivster said:
Why wouildn't stock prices be high when all policies under Trump will only benefit the rich? If I was a trader or banker in the US I would be thrilled. |
Traders actively stand to lose money if policies begin to immensely favor the rich; as the first place people will look to pull money out of if necessary is their investments. This becomes doubly problematic when the middle class stops investing in the stock market entirely, leaving traders without people to trade for. The stock market is largely based around how large investors and traders believe the middle class will react to various events.
