The last President benefitted cause of $5Trillion+/- of free money added into the system and zero interest rates, lol, but now under the current President and his improved economy, they want to start raising rates 3 to 4 times a year and removing money from the system to reduce the Fed balance sheet. Which does slow down the economy and not good for companies in stock mrkt and their bottom lines. Also banks stop getting free zero percent money from FED to lend, which hurts the economy. CAUSE the crooked banks, never want to lend their own money or take risk, why when in this new era they're used to the FED giving them free money to make money off of? So if the banks tighten on their lending practices because of FED tightening and reducing balance sheet, that means fewer loans and not so good for any of us overall. Past 9 yrs by Fed and Central Bankers is like a mad scientist in a lab, doing some insane crap....not gonna end well, but whatever....markets don't trae normally, not allowed to and real estate mrkt distorted and all mrkts past 17 years, have been altered by govt interaction...I say 17 yrs, cause it all started because of 100% financing and free homes to everyone by one party in the late 1990's under Clinton and then Bush allowed it to continue sadly, which caused the crash and meltdown in 2009....but few people even know the true reason and facts....Bush didn't have the stones to back the Republicans who kept warning 100% financing for homes with bad credit was a bad idea. But it helped the economy temporarily and made Bush look good, which is probably why he turned a blind eye and allowed it to continue....but it was the Dems who wanted 100% financing and even to people with 500 something credit scores, Repubs warned against, tons of you tube videos of these talks in congress from back then.
Sorry, back to work, ranting, gotta stop....gotta make dollars this week!!!!! Good luck KEI!!! :-)
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