After nearly 12 months of record-breaking global stock market moves, current trading patterns are starting to look far less confident.
Who’s To Blame?
President Trump can’t be blamed for every volatile market move, up or down, even if we’d like to. However, leading economists are starting to suggest he’s not paving the way for future stock market stability.
With Trump less than 2 weeks into his presidency, the markets are beginning to look decidedly jittery. Especially after 12 months of very positive growth.
After such a long spell of growth some form of correction in the coming few months is almost inevitable. The question is whether it’s a small bump before upward growth resumes or possibly the start of the end for what is just about a nine-year-old bull market.
Stock Market – Trigger Points
Stock market crashes always need a trigger point to get underway. The question many of us are asking – will Trump be the man to pull that trigger?
Robert Shiller an American Nobel Laureate, economist, academic, and best-selling author who currently serves as a Sterling Professor of Economics at Yale University believes that Trump could actually be fueling one final run of greed that could well lead to a re-run of the 1929 stock market crash.
Read the full article in Huffingtonpost.ca