Economic and asset mean reversion cycle not in Trump’s favor

The below segment does a good job of pointing out that new Presidents inherit their economic cycle, they don’t create it. Trump is coming into power near a cyclical peak while Obama came into the seat near a cyclical low. What’s missed however, is that the law of mean reversion, while heavily supportive of improving conditions under Obama, suggests deteriorating conditions for Trump.  Here is a direct video link.

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