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Stock market recovers after Trump’s bad news

January 19, 2024

The #stockmarket tends to overreact to bad news, as it did this morning after the #DonaldTrump announcement.

The primary issue here for #investors is whether or not there will be broad, systematic implications of the announcement.

What I see are the odds of a broader shut down or perhaps this situation changing the status of the race for the White House.

The good news is that Nancy Pelosi is more willing to move forward with a #stimuluspackage, which can be good for the economy.

Follow more #financial updates on TheBlackFinancialChannel.com

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