katsung472017 stock bubbleMon Feb 13, 2017 07:5218.104.22.16846. Two unprecedented big bubbles(2/8/2017)
Real estates bubble.(see chart at #944) Stock market bubble.
You don't have to be an expert to realize the two big balloons Americans are facing. Yet where are those professionals, economical officials and media people? In coming months, you will see a lot of news, events to encourage people to jump into the speculation pool to buy the securities, houses.
[quote]Trump to Halt Obama Fiduciary Rule, Order Review of Dodd-Frank
Katherine Chiglinsky, Justin Sink, Elizabeth Dexheimer
Bloomberg February 2, 2017
President Donald Trump will halt an Obama administration regulation, hated by the financial industry, that requires retirement advisers to work in the best interests of their clients, while the new administration reviews the rule.
The president also will order a review of Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said. Trump is scheduled to issue the directives at a signing ceremony around noon on Friday following a meeting of more than a dozen top corporate executives led byBlackstone Group LP Chief Executive OfficerSteve Schwarzman.[/quote]
He is going to open a pandola box to release financial demons. Those demons had caused 2008 financial tsunami, were locked up by Obama, Trump wants to free them to make America greater?
It's funny that they accuse Clinton represents the interest of Wall Street. What about Trump?
Read 2 and 3 of last message(#945) to see how the Feds rule this country.