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Originally Posted by RedFred
That was due to Trumps tax cuts, how on earth do you not know this? So basically the tax cuts artificially stimulated the market and when that wore off we have the reality of the past month. The economy is in worse shape than we know.
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"It’s the “shock” market rally — cash-rich US companies have plunged nearly $4 trillion of their cash into buying back their stock since 2008"
So Trump cut taxes in 2008?
There's no argument that the Fed is doing what they are doing because Trump cut taxes.. That should give EVERYONE great pause. They are literally telling the World "What you giveth, we taketh"