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.
Follow
____________________________
____________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
This Month
Archives
Log In