Stock market doesn't share Inauguration Day optimism - ABC News

It was the year we invaded Iraq regrettably. The markets were expecting a decisive victory. During the days and weeks when American troops advanced on Baghdad, the market climbed.

As they entered Baghdad and marched on the center of the city, the market traded higher and higher. The world watched on television as the tank backed down and toppled the statue.

Can you see the parallels with what has been going on recently? One could make the argument that Brexit has just entered Stage 3. This pattern is played out over and over again in financial markets. Year after year after year. I discussed this a lot in my free publication, The 10 th Man.

I think that Inauguration Day January 20 will mark a big turning point in the stock market. Stocks could be headed for a dirtnap.

Right now, stocks are pricing in the most pro-business administration since Reaganor possibly ever. The market is up. Sectors that benefit from deregulation are up even more. Bond yields are up.

It's the Trump trade. Trump does have leverage—lots of Democrats are up for reelection in the Senate next year, and many of them from states where Trump won big. It should not be hard to peel some of them off. But that is where the horse trading comes in.

Will Trump get the tax rates he wants? Following his intellectual adventures is a true thrill ride for every investor. GO HERE NOW to learn about how Jared provides insights into behavioral economics.

Newsmax, Moneynews, Newsmax Health, and Independent. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc. Was anybody here trading in stock market inauguration And at that very moment—stocks started to fall. Subscribe here The stock forex trading toronto canada on Inauguration Day I think that Inauguration Day January 20 will mark a big turning point in the stock market.

BlueChipPennyStocks - The number one trusted financial newsletter site

There is historical precedent: On January 20, the reality begins. Will Trump get a full repeal of Dodd-Frank? Posts by Jared Dillian FANG Is Too Important to Fail How to Use Emotions to Make Better Investment Decisions View More Posts by Jared Dillian.

Job Loss Yet Another Reason Why Healthcare Reform Will Be Disastrous John Mauldin: Inefficient Market Will Allow Excess Debt to Trigger Financial Crisis View More Newsmax Blogs. Click Here to comment on this article. Inauguration Day Will Be a Big Turning Point in the Stock Market. Inauguration, Day, Turning Point, Stock Market. We never share your email. Mortgage Rates Get Today's Low Rates Widget.

Respect for Presidency Is Missing Under Trump. Disrespect for the presidency has been on the climb ever since Clinton, UK Is Approaching 'Tipping Point' as Brexit Bites. I'm beginning to think that Amazon's appetite for expansion may be getting Amazon's Bezos Has 'Really Good Ideas' for Trump to Consider.

Trump has made amazing progress in only the first six months of his Medium Household income is up more under Trump's first 5 months in Office