Quote:
Originally Posted by PR_Glen
no president ever has directly had an impact on the stock market while in office... It goes up in spite of them, it goes down in spite of them. The impacts of what they do are not seen until decades later normally.
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Not really. Stocks can move on president speech alone, let alone on president's action.
Secondly - economy, business (and thus eventually dow) can move even on the "mood" (do they see positive or negative future) of the people and of the companies (for example there was a poll with showed small business owners in record positive mood after Trump's election).
All those things move markets.