#Trump's acts inhibiting free trade and creating trade barriers by taxes will have an even worse chilling effect on growth and cause inflation to boot. That said, his budgetary ambitions are only acceptable when compared to #Hillary Clinton. The Republicans have elected a Democrat when it comes to spending. It is up to them to reign him in.

#Trump wants to spend an exorbitant amount of money which is why I derided the Republican choice early on. Still, it's better than #Clinton. In either case, Congress' job is to manage the nations purse like it is their job to manage the Federal Reserve. Hopefully they, won't fail us twice by giving that duty away.

The snowball is a big bully named #Trump who got into office talking about getting government out of business and is instead injecting government into it. We still await real measures that cut bureaucracy, taxes, etc. Even so, talking up and down stocks in an irate fashion by the President and implying threats to do things is causing chaos the longer it continues.

As they should. #Exxon may be a great dip buy given they absorbed their asset write off in 1 quarter. Especially since they are liable to add it back in later which is why the whole baloney about their assets not being written off is so bunkus. In reality, if they followed the suit guidance they should write up their assets as well to market because most of their assets are undervalued when they bought them as they should be. This is why they are the leaders in oil.

If we see decent revenues increase this year the stock will surge. $XOM

Moves towards rate normalization began some months ago. The issue is questions regarding the Federal Reserve's backbone to do anything these days. After nearly a decade of sitting on near #zirp and talking constantly about getting off it without doing anything, unfortunately they are not taken as reliable, honest, or dependable.

This is the first real result of #Trump policies. I hope future ones will be kinder in many senses of the word and more well thought out. Regardless of what's fair, the world watches the US closely because we are a role model.

Despite their selling the market is liable to hold up for at least 6 months if not a year. Of course, they have lots more to sell. What matters is not that they sell, but what percentage of their stock portfolios they sell. They have reason to sell. Growing uncertainty is affecting the market.

We will see if it turns out to be good or bad in about 9 months or so.

Good article and very true. That is why housing is running up with rents and why those with access to the Federal Reserve are getting filthy rich. Capitalism is getting replaced by a system that is not fair or equitable. Thus the mechanics of capitalism get perverted and skewed not because capitalism works but because anything that isn't capitalism ruins capitalism. We can't have a hybrid system without those who make it gaming the system at the expense of others.

Thanks for pointing out some of the egregious errors of artificially low rates for the few. Sadly this has come at the cost of retirees and those who saved. Fair? Hardly. Does it discourage saving. Yes. Does it encourage over leverage and debt, yes. Is it good for America in the long run. No. Do they care, no. Those in power are getting too rich off the free money highs to care.

As electric cars multiply the demand for platinum and thus palladium will decline even though bot are rare. Few want palladium for jewelry or anything else than industrial uses.

Sadly not only are elected officials not economists, but they even fail to understand the basics of our government. Sad. Congress remains Republican and is against higher taxes and higher government spending and deficit creation. The Presidential election has not changed that.