Clinton stock market bubble
Donald Trump calls it a "terrible time" to invest. It's a high degree of fear from a party that is normally viewed as pro-business and pro Wall Street. Trump recently told The Washington Post that America is on track for a "very massive recession. Cruz and Trump blast America's central bank, the Federal Reservefor pumping up the stock market to unrealistic levels. Trump has similar concerns. In October he told The Hill that he thought Americans were "being forced into an inflated stock market and at some point they'll get wiped out.
At some point there will be an adjustment," says Brad McMillan, chief investment officer at Commonwealth Financial Network.
But McMillan believes it's too extreme to call it a bubble. Oil hits new high.
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Only as recently as December did the Fed raise interest rates a tiny bit: Low rates encourage people to put more money into the stock market since they earn so little interest by saving their money in the bank.
Trump has suggested that Fed chair Janet Yellen is trying to help President Obama's economic track record. Janet Yellen disagrees strongly with Bernie Sanders. The stock market hit its highest level in this week. It's not far from its all-time high that occurred in May of last year.
Most investment and economic experts think Cruz and Trump are far too gloomy. Stock prices are higher than they're historic norm, but they aren't at extremes like the dot-com bubble. Hillary Clinton viewed as best for the stock market. Investors believe Hillary Clinton would be the best for the stock marketalthough Trump is a close second.
Twenty-eight percent said Clinton would be best for stocks. A quarter felt Trump would be the ideal for the market. Start your day right with the new zealand binary options brokers news driving global markets, from major stock movers and key economic headlines to important events on the calendar.
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