Dodd-Frank was unnecessary. It was not deregulation that caused the 2008 financial crisis and global market meltdown.

https://www.americanactionforum.org/pri ... 017/?print
JuneCarter wrote:I think GLB will take the hit and a possible reinstatement of Glass Steagall. Dodd has to stay in place unless they're going to fix consumer bankruptcy laws that were changed under W.

Here is the plan to replace Dodd-Frank in case you didn't see it yet.

http://financialservices.house.gov/uplo ... ummary.pdf
JW wrote:I'm looking forward to 20,000. If it happens in the next 2.5 years I'm out. Even if it doesn't I'm still out. I'm tired of the rat race.

I hope you changed that to at least 23,000. The money stored over seas hasn't even been injected into the markets yet.
By Phaedrus
It's always problematic to take ownership of market changes, but there is no doubt about the Trump bump. I think there would have been some bump from Clinton winning too, just because the market likes certainty, but the market likes a business guy as President even more.
I can't believe it took this long for a correction. Makes me want to gamble in the markets. Nah, I like ROI a minimum 30% a year and just don't have the knowledge to do it in the stock market.
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