Excerpt from Bloomberg’s latest article quoting DataTrek’s Nick Colas:
….. “How seriously should people take Donald Trump’s claim that stocks would crash if he were kicked out of office? As you mull over an answer, consider what someone in the other party would say…..
….. “Equity markets don’t seem to care, and we think they are right,” Nicholas Colas, Co-founder of DataTrek Research, wrote in a note. “Rates are low, the dollar is strong and corporate earnings remain robust. Those are the only things stock prices can (and should) actually discount”….
Read the whole article here on Bloomberg!