The market is exactly where it was four months ago, fact, not opinion. This rally was a whole lotta show and no go.
If the market is set up for a downturn, it's gonna happen regardless of who's in the White House.
The market has done very well during Obama's term. Do you really think this is because Obama is an economic and financial genius? LOL.
The Dow did well under Obama, that was the show and no go. The much larger Nasdaq hasn't matched earlier highs. Between Obama and Hillary, drugs and biotech took a beating. So did energy stocks. Lower corporate tax rates will bring back the general market, and improve Main Street, as well as Wall Street.
Instead of taxing corporate income from foreign countries, we should be rewarding US based corporations, for bringing more income into the USA, by not taxing such income at all. Then, those corporations wouldn't be hiding that income, quite legally mind you, in foreign tax havens. Trump is proposing tax cuts that will makes some of those reforms possible, much to the benefit of the US economy, and the US markets generally.
