Is it the Fed or is it the Trump? Here’s the Truth.
In this round of Truth or Trump, Trump clearly wins. First, look at this chart. Where did the market break down and what was happening at the obvious breaking point? Did Trump suddenly start tweeting things that left people unhinged last January? I don’t know what he said on that day in January that broke the stock market into a mess for the entire rest of the year after a year of a steady Trump Rally where all of his tweets could do no harm.