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Stock Market Under Trump
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On a side note, it looks like Warren Buffett was a bit premature dumping all of his airline stocks at their low.
Also, Stanley Drunkenmiller admitted yesterday on CNBC that he misgaged the recovery. He stated that he made the right move on the way down and was up 2% at the bottom but was only up 3% as of yesterday because he never moved his funds on the way up. The market really is baffling (wall street versus main street) and it only goes to show, there are so many varying opinions out there from the historic experts that it really does come down to confidence in the Gov to mitigate the situation. The market is down today but as of yesterday, we're up 6% on the year and up 2% from the Feb high. Pretty good after bring down ~ 25% back on March 23. That was a pretty frightening & depressing time as we headed into the onset of the Lockdown. |
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