Weatherman2020
Diamond Member
- Mar 3, 2013
- 94,681
- 66,667
Yep. And people pull out of stocks and move to buckets that take advantage of higher interest rates.From your own link:
Friday’s fall seemed to be triggered by the especially strong U.S. non-farm payrolls report that showed average hourly earnings posting the strongest annual gain since June 2009. Traders worried the strong wage growth could spur the Federal Reserve to hike U.S. interest rates more than expected this year, slowing earnings growth and throwing a wet blanket on the fire of economic expansion.
That doesn't mention politics or Trump but you somehow extrapolated that...
Derp