The Retired Investor: Jailhouse StocksBy Bill Schmick,
04:40PM / Thursday, November 14, 2024 | |
Investors appear to be "dancin' to the Jailhouse Rock" ever since the election of President-elect Donald Trump. Private prison stocks have roared back to life as the deportation of immigrants becomes a reality.
Day One, according to the Trump team, the new administration will launch its promised plan to deport millions of illegal immigrants. Criticisms that the cost of such an endeavor would bankrupt the country have gone largely unheeded. Trump has responded that he has "no choice" and "no price tag" when it comes to what the media terms as the largest deportation in U.S. history.
Wall Street believes that the 0 Comments
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The Retired Investor: The Trump TradesBy Bill Schmick,
04:20PM / Thursday, November 07, 2024 | |
Now that the election is over and a clear winner has emerged, it is time to take a closer look at how investors perceive the winners and losers in the weeks and months ahead. It appears that the economy was the top concern of voters and therefore Trump's future actions within the economy will be important.
In the last month, there was speculation on Wall Street that Donald Trump would win the presidency. Certain areas of the financial markets nicknamed the "Trump trade" started gaining momentum.
Certain sectors saw gains while others experienced losses. Investors base their decisions on the actions of his past presidency and his statements and 0 Comments
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@theMarket: Will Election Fears Trigger More DownsideBy Bill Schmick,
02:12PM / Friday, November 01, 2024 | |
Tuesday's presidential elections and the Fed's decision on interest rates have traders rushing to hedge their portfolios or go to cash. It is a little late in the day to take such action.
Over the last few weeks, I have been warning readers that the days surrounding the election could prove to be volatile. That situation appears to be taking center stage as we close this week's trading. I also urged investors not to get caught up in the panic and I hope you listened.
We are no further along in predicting the election outcomes than last month. The only thing we do know is that the race is too tight to call, and the popular vote will not be a 0 Comments
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