Tuesday, February 28, 2017 8:32:14 AM
They played a clip just now on TV where he was bragging about the stock market hitting consecutive all-time highs and of course he was taking credit for the move. Like any politician would.
It was only late last year before the election, he was bashing valuations in the market as being way too high and that the Fed was keeping interest rates artificially low to keep it from crashing under Obama's term. I can agree 100% with that premise.
Why isn't he saying what he said then? The stock market hasn't corrected since the election, it's gone ballistic. So now that market valuations are 15% higher since the election it's all good, not overvalued anymore. LOL
When he was the candidate running for office he told the truth, now that he's a politician (the Prez) he has to spin the story to his benefit. Very disingenuous if you ask me.
It's going to be interesting to see who gets blamed when the markets correct severely or crash. My pick will be the Fed again.
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