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Originally Posted by ernie
The recession that this administration is going to cause is going to come quicker than I thought it would. And when it comes it's going to hurt as much as the last one as they remove things that were put in place for a reason.
They are actively annoying the Fortune 500 companies with the highly nationalistic rhetoric and actions. These are companies have a footprint all around the world to the point the US is not the major market. They have the ability to transition elsewhere. The question is can the EU and other countries get it together to capitalize on it.
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Yeah, it's worth noting that much of the stock market gains since the election has been due to bank stocks going up in anticipation of less oversight over their activities. From what I understand, Goldman Sachs alone is responsible nearly 1/4 of the increase in Dow Jones since November 8th.