Don't let politics influence your investments: Strategist

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President Trump News

Ed Yardeni,Equity Market,Political Turmoil

Former President Trump's guilty conviction in his New York hush money trial is making waves across the political sphere. But are these ripples strong enough ...

Yardeni explains that the effect of Trump's conviction on the market has been"muted" since it does not change the fact that

So which of these two is gonna matter more for investors, economic data or what's going on heading into the election here with more.Thank you so much for being here. Um initially, uh that that was bad for the market because oil prices went up and there's a perception that that would cause a recession.So I would say any uh sell off in the market uh related to a geopolitical crisis or a domestic political crisis may actually turn out to be a buying opportunity and the market will continue to focus on what is most important.And the only, the only way politics, if politics affects that, then that will obviously have an impact on the stock market.

People who didn't like Trump uh also missed out on a, a great bull market and even here under Biden, uh we've seen that the markets come back and is the new record high.Ok. Well, since it sounds like you're saying we shouldn't really care, I'm gonna bite here and go towards the conversation about the stock market.

So I think the markets uh is telling us that the economy can handle these interest rates if so so can the uh the market?Donald Trump Jr. Quotes Most Unexpected Source To Pledge Revenge For VerdictHillary Clinton Can’t Resist Cracking a Joke at Trump’s Conviction Tens of thousands of Canadians are emigrating from Canada to the United States and the number of people packing up and moving south has hit a level not seen in 10 years or more, according to data compiled by CBC News.There's nothing new about Canadians moving south of the 49th parallel for love, work or warmer weather, but the latest figures from the American Community Survey suggest it's now happening at a much higher rate than the historical average.

 

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