Joe Capitalist
Racism is a disease
The US Stock Market In The Fourth Quarter Of 2018
The future of economic growth in the US still a major issue.
In a period when emerging economies seem to face some serious economic challenges, the US stock market managed to collapse thanks to Donald Trump. The month of August saw the US stock trading activity being intense, even though it was a month of vacation for investors and usually, activity is very low.
Weak corporate earnings
The main engine behind these Weak gains had been the earnings reports, which managed to be short of all expectations. The expected drop on the S&P 500 was estimated at 20% according to a poll conducted on a series of analysts. However, the actual numbers are at 25%, well below that figure.
That weakness had made investors ignore in the short run the fears of a full trade war with China, but now that the earnings season is over, we must focus on what will follow in the near future.
Trade and elections to be in the spotlight
There seem to be some major discrepancies between the US and China, which means stock trading might become choppier as the time runs out and no positive outcome will be on the horizon.
Since the Democrats managed to regain a majority in Congress, that means the end of Donald Trump’s agenda.
Not only that, but due to the ongoing investigations related to Russia’s involvement in the presidential campaign, if the President will be found guilty, the Democrats might start the impeachment procedures due to national security issues.
The future of economic growth in the US still a major issue.
In a period when emerging economies seem to face some serious economic challenges, the US stock market managed to collapse thanks to Donald Trump. The month of August saw the US stock trading activity being intense, even though it was a month of vacation for investors and usually, activity is very low.
Weak corporate earnings
The main engine behind these Weak gains had been the earnings reports, which managed to be short of all expectations. The expected drop on the S&P 500 was estimated at 20% according to a poll conducted on a series of analysts. However, the actual numbers are at 25%, well below that figure.
That weakness had made investors ignore in the short run the fears of a full trade war with China, but now that the earnings season is over, we must focus on what will follow in the near future.
Trade and elections to be in the spotlight
There seem to be some major discrepancies between the US and China, which means stock trading might become choppier as the time runs out and no positive outcome will be on the horizon.
Since the Democrats managed to regain a majority in Congress, that means the end of Donald Trump’s agenda.
Not only that, but due to the ongoing investigations related to Russia’s involvement in the presidential campaign, if the President will be found guilty, the Democrats might start the impeachment procedures due to national security issues.
