Judging by AAPL, GOOG and other tech stocks# Stock
w*3
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If taking out USD deprecation, most of them really have miserable growth and
even non growth. Their valuation is simply unjustified.
Conclusion:
1) To maintain current elevated level of stock market, USD will keep
depreciating through Trump's administration.
2) Trump will keep touting the stock market performance in twitter and
Yellen will be thrown away when her term in done. Next Feds chairman will
keep ridiculously low interest and even pump more money to keep stock market
as high as possible.
even non growth. Their valuation is simply unjustified.
Conclusion:
1) To maintain current elevated level of stock market, USD will keep
depreciating through Trump's administration.
2) Trump will keep touting the stock market performance in twitter and
Yellen will be thrown away when her term in done. Next Feds chairman will
keep ridiculously low interest and even pump more money to keep stock market
as high as possible.