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The Water Cooler
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<blockquote data-quote="JD8" data-source="post: 3064215" data-attributes="member: 24"><p>Actually Trump is largely responsible for the Stock market IMO. We are talking about two different things. The stock market is driven by fundamentals AND speculation. Most of the feel good speculation came from Trump becoming president, rightly so, because the previous administration through bureaucracy was inhibitory towards organic growth. Especially, if you were a small business. The Housing market, for the most part, is based on the fundamentals of supply and demand and demand is growing due to supply and pricing being low, with interest rates being extremely low too. I will say that the housing market would've bounced back quicker had a lot of the lending requirements been more reasonable.</p></blockquote><p></p>
[QUOTE="JD8, post: 3064215, member: 24"] Actually Trump is largely responsible for the Stock market IMO. We are talking about two different things. The stock market is driven by fundamentals AND speculation. Most of the feel good speculation came from Trump becoming president, rightly so, because the previous administration through bureaucracy was inhibitory towards organic growth. Especially, if you were a small business. The Housing market, for the most part, is based on the fundamentals of supply and demand and demand is growing due to supply and pricing being low, with interest rates being extremely low too. I will say that the housing market would've bounced back quicker had a lot of the lending requirements been more reasonable. [/QUOTE]
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