Trump madness is a sight unimagined. Just when you thought it couldn’t get worse….
But, isn’t the bull market a sight to behold?
So, can anything stop stocks from moving higher?
Checkout today’s chart of the S&P 500. Isn’t it astonishing the day after Trump supporters stormed Capitol Hill stock markets open higher!
To say nothing of the fact that Democrats swept Georgia and control the Senate. Now, Joe Biden can pursue his agenda without Republican interference.
Then again, you might have thought this would be a bad omen for stocks. Many did and still do. But, the stock market doesn’t lie. Stocks keep moving higher.
Conclusion
Will Trump madness ever end?
All things considered, the gong show that is US politics appears to have little impact on the stock market. In fact, there is something else driving stocks higher.
It’s called the Great Interest Rate Differential.
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